What would you invest in if you won $1 mil. in the lottery?

Carnalpleasure
Carnalpleasure

What would you invest in if you won $1 mil. in the lottery?

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youtube.com/watch?v=xdfeXqHFmPI

TalkBomber
TalkBomber

50% ETH 50% POSW

BlogWobbles
BlogWobbles

20% Bitcoin
20% Ethereum
20% S&P 500
15% DAX
10% HMMJ index fund
10% my parents
5% gold as an emergency reserve

BinaryMan
BinaryMan

really really good kneepads

PurpleCharger
PurpleCharger

Bitbean

StrangeWizard
StrangeWizard

10% Verizon stock
10% GM stock
10% GE stock
10% Macy' stock
10% Utilities
10% in SPY if the price was lower than the SPY is now
the remaining 40%... I'm not sure, but they would definitely be dividend stocks. then coast at my job for the next 10 years with an extra 40k per year in dividends from the stock

whereismyname
whereismyname

More lottery tickets

Nojokur
Nojokur

80% eth 5% dgd 5% litecoin 10% btc

Lunatick
Lunatick

a nice income producing vanguard account

Sir_Gallonhead
Sir_Gallonhead

More or less this.
youtube.com/watch?v=xdfeXqHFmPI

SomethingNew
SomethingNew

Diversifying this hard

I'd do something like
40% Gamestop
30% CITI
30% Gilead

massdebater
massdebater

gamestop? what future do you see for a brick & mortar retailer in an industry where sales move more online every year?

RavySnake
RavySnake

It's cheap as fuck with new consoles & games on the horizon. They are doing a good job expanding outside of their core business. USA is plagued with shit internet, so they are protected by the telecom monopoly and physical game sales will not go away.

Worst case scenario, you get your money back.
Best case scenario, it moons during the Call of Duty/Scorpio release/Nintendo Switch holiday game releases.

If VR becomes functional on major titles, normie investors will flood in, similar to Pokemon Go just because they look through a rose colored lens.

Just look at the financials and you'll see even through revenues are in decline in their core business, the company isn't doing as terribly as most investors are convinced to believe.

Remember to buy when there's blood in the streets. Retail is getting shit on right now, and GameStop is still making good enough money.

DeathDog
DeathDog

Buying toys/accessories/related products/ used games. There are areas where Internet speeds are shit. Also Game Stop Realty Estate.

Fried_Sushi
Fried_Sushi

VZ over AT&T
GM over F
GE over IBM
Utilities over REITS

Stay pleb my friend.

Lord_Tryzalot
Lord_Tryzalot

hydrogen

happy_sad
happy_sad

I'd buy a townhome in the bay area. I work here and I rent like a peasant.

Techpill
Techpill

$454,000 after taxes

zero out all loans/credit
buy a second house where i want to move, rent out current house.

these games are always hilarious to play at work. people start getting all dreamy about their plans if they won the powerball, until i violently burst their bubble as i lay out their tax bill.

Booteefool
Booteefool

in my state + federal we lose ~40% of winnings

so with 600k..

100-200k for life improvement
50-100k for cryptos
rest invest in stocks or w/e

TurtleCat
TurtleCat

lol, im Canadian

zero taxes

so i get the 1 million in full

New_Cliche
New_Cliche

except if you bought the ticket in the USA, at which point you lose 30% anyway.

Stupidasole
Stupidasole

Is this a fucking joke?

Dreamworx
Dreamworx

What part seems like a joke? It's my life, and it sucks.

SniperGod
SniperGod

Different kinds of agriculture products. Stock market for it is pretty big biz, and when you have a agriculture background like me, its hella predictable, as the market is always half a season behind the production. Only big con is that you need to be more active with it than say oil or metals.

Spamalot
Spamalot

owning a home outright (esp in an area like SF) + a good paying job = set for life. he'd have enough money to play with/invest within the year. why risk a $1 mil windfall to make more when you can easily set yourself up in a safe position and then risk from there?

i would:

1) pay off my mortgage outright (~360k)
2) buy a multifamily for cash in a decent but not overpriced area close by for safe, passive rental income
3) split the remaining funds roughly 50-50 to start (or beef up) an investment portfolio and put the rest in the bank
4) find a job i actually like since with passive income + no housing bills my expenses would be minimal

w8t4u
w8t4u

this is the only right answer

Playboyize
Playboyize

5,000,000 in real estate.

Quit my job to supervise.

Live off slightly less than i do now

Speculate oil amd real estate and start busonesses with the extra. Continue growing welth and investing.

Gice my self raises based on performance.

Die rich af. Under ground away feom faggot normies

Sir_Gallonhead
Sir_Gallonhead

Gay assfucked shitcoiner

Even gayer more autistic cuckfag shitcoiner

The best kneepads are for tile work and under $200

Gayest autimso shotcoin retard on earth

Stockfags... sigh. Whatever.

You live in Detroit don't u.

KEK
U
K

Sadly this meme teir shit is so watered down you will probably die poor. But at least youre not a shitcoin fuck.

Diversify
only lists stocks

He doesnt into non flamable and safe helium

Careful what u wish for. I spend twice owning a shithole than i did renting

Top fucking kek. Best put it ina llc so some cunt doesnt break their leg on the sidewalk and sue for your property.

crypto
stock. May as well bet on black.

Interesting.

Not bad user. Not bad.

Samefag win.

Soft_member
Soft_member

autism

lostmypassword
lostmypassword

1 asspained shit coiner ahahaha

TechHater
TechHater

30% ETFs, index funds
30% dividend funds
20% crypto
5% into small business im employed at
5% emergency fund
5% precious metals
5% play money, go on a holiday, etc

eGremlin
eGremlin

being a nocoiner wagecuck

Fuzzy_Logic
Fuzzy_Logic

silver

WebTool
WebTool

$1 million
A Lottery

Europoor detected

Gigastrength
Gigastrength

Stay poor nocoiner.

Sharpcharm
Sharpcharm

PENNY STOCKS AND AMD

Harmless_Venom
Harmless_Venom

I didn't think losing a million in a day was possible, but here we are

Deadlyinx
Deadlyinx

Vdice and eth, a house, and my educational debt.

whereismyname
whereismyname

I would buy one or two cheap(ish) rentals in my town, maybe 200-250k each. Keep around a year's cash in the bank and throw the rest into my vanguard account in the ratio 80% stock 20% bond.

Quit my job and keep going to uni for the fun of it.

It's basically my 20 year plan for my finances anyway.

idontknow
idontknow

buying $GME

Just give your money away you dipshit

Poker_Star
Poker_Star

100% S&P 500.

GoogleCat
GoogleCat

50% VOO, 50% high dividend fund (CVY or similar, maybe a real estate etf as well).

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