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Enjoy this old article link...read...very interesting...If not just

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wamutrader   Wednesday, 01/03/18 03:06:33 PM
Re: LuckyPanda post# 502640
Post # of 543094 
Enjoy this old article link...read...very interesting...If not just simply for entertainment purposes.

I have held on to this article I found many, many years ago, and I would like to share...I have been with everyone here for 9 years from the beginning.

It is regarding what to do when you receive a large inheritance or multi million dollar stock/lottery win. It also goes over pitfalls and mistakes many have made when receiving large sums of money without professional counsel.

https://www.ar15.com/forums/general/-/5-749519/?page=1

The first advice is to NOT TELL ANYONE IN YOUR FAMILY YOU HAVE THE MONEY until you retain a lawyer, a tax accountant, and create trust funds for your family, dictating how money will be disbursed for their care.

I am not a professional anything, so don't take my word for financial advice, until you speak with a professional, but ... Some of the investment advice is outdated now about investing a portion of your money in Bonds, since bonds NOW pay a NEGATIVE Yield, (meaning you have to pay to play) and not a good idea to put your money into at the moment. Instead, check out REIT's that pay a Yield, for that portion of the investments, or some other conservative vehicle.

The rest of the advice is pretty good IMHO. Start to do your own DD.

GLTA!!












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