Submitted by FriendshipSeveral511 t3_yisgvu in AskReddit
Comments
Can-ta-loupe t1_iuk8sr8 wrote
Buy a Nintendo Switch
JamesonTheWise t1_iuk8y5b wrote
Have a massive splurge day with the wife, then hire someone to handle investments and such
alittle2high t1_iuk907o wrote
Give it all to you
8octothot8 t1_iuk90n6 wrote
Buy half of Sweden.
ImANuckleChut t1_iuk9yw4 wrote
Pay off my mortgage and build a new house. Put most of it into 401(k), invest some into the stock market, put some away in trust funds. Build a dry bar pool hall and a youth center.
Axva13 t1_iukac7y wrote
Sit tight anonymously while hiring financial advisors, lawyers.
Donate to numerous animal rescue charities so they wouldn’t have go to social media to ask for money when a sick rescue needs to go to the vet...like really set them up financially, sponsor a spay/neuter program.
I have no family so I’d give some money to my son’s dad (he’s a great dad, deserves it).
Set up some sort of foundation where I can help people financially on a more personal level....like ever watch the news and think, “dang, I wish I could help that family out”. I’d want to be that person.
But a nicer house. Buy some homes in other countries.
Buy a Subaru Outback.
Go on some amazing vacations.
Buy a Birkin.
MaturasPL t1_iukaq10 wrote
Blow 50M on a nice house, car and some expensive stuff. Split the remaining 800M into 4 parts:
- 200M for general savings and safety money, allocated in gold, silver and cash in multiple currencies
- 200M for low risk investments that pay regular dividends - real estate, stocks in "value-type" companies, bonds
- 200M for high risk investments - stocks in "growth-type" companies, cryptocurrencies, maybe a bit of startup investments
- 200M for investment in my own indie game studio, this budget would be sufficient for several big projects
As my wealth increases further, lead a life rich in experiences, build a strong family, educate my children on how to handle such a fortune (and also how to live without it), develop a few business projects, do some philatropy and well-thought charity (like scholarships for gifted children from poor families and underdeveloped countries).
FriendshipSeveral511 OP t1_iukaubb wrote
Why would you need a lawyer rather than just a financial advisor? Unless you were writing a will or a prenup?
GrowVirginia t1_iukaxav wrote
Buy a few houses. Buy a few cars. Then just travel and see all the people and things in have always said I would like to see.
GermanPayroll t1_iukb2zq wrote
It’s likely you’d put the money into some sort of a formal legal arrangement like a trust, and a lawyer can be useful for that. but even if you didn’t, good to have someone read over legal docs and arrangements like wills, etc. that you’d inevitably set up.
[deleted] t1_iukbakj wrote
[removed]
Axva13 t1_iukbcy5 wrote
No idea, just covering the bases, have one on retainer, I’m rich after all! I would guess if you are giving millions away having some sort of contract wouldn’t be a bad idea...mo money, no problems!
Chipdip88 t1_iuk8qr9 wrote
Hire a financial advisor, after blowing about 12 thousand on a nice vacation