Stock Market/Investing/Fin Planning Catch-All

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I'm wondering how HY and our other GQPer board members are feeling about their investments and retirement accounts in this unveiling of the Trump economy :poop:
 
I need some advice...

The Mega Millions lottery pot is 1.1 billion dollars which is finally large enough for me to purchase a few $2 picks.
The drawing is tomorrow night and the odds of winning are 1/300 million.

I have never bought a lottery ticket, but if someone is destined to win tomorrow, I cannot think anyone is more deserving than me.

So when my number is drawn tomorrow night, should I take the lump sum and pay the huge tax ?
How should I invest my winnings ?

I have already set aside a one million dollar bet on 11 black at the Bellagio, but I'm not sure how to "invest" the rest.

I'm thinking I will give each member of this board a gift of one million dollars, but that means I will still have a few hundred million to invest.

Please give me some investment ideas:D
 
uncmba said:
www.gulfstream.com

G700 - Gulfstream Aerospace

Gulfstream G700™: Celebrating certification
www.gulfstream.com www.gulfstream.com
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The longest trip I make these days is to Cary every 6 months to see my dentist.

If I house my Gulfstream at Horace Williams Airport and fly into RDU, I would still need to rent a limo to get me to my dentist office.

I think the better idea is to buy a stretch limo with a chauffeur and hire 3 UNC Soph coeds to cuddle with me in the back while we drink a bottle of Dom Perignon :cool:
 
May be a market top. Direxion just started a bull and bear 2.0x leveraged single stock etf for Berkshire Hathaway BRK.B
Wonder what Warren B thinks? The bull version is BRKU

also new from Granite Shares and Dirextion. 2.0X bull for
Crowdstrike CRWL
Berkshire Hathaway BRKU
Broadcom AVL
Palantir PLTU
Taiwan Semiconductor TSMU

These can be very useful short-term trading vehicles but caveat emptor especially near market highs. But can be great if you get them following a 20% market downturn as in 2022
 
heelinhell said:
I need some advice...

The Mega Millions lottery pot is 1.1 billion dollars which is finally large enough for me to purchase a few $2 picks.
The drawing is tomorrow night and the odds of winning are 1/300 million.

I have never bought a lottery ticket, but if someone is destined to win tomorrow, I cannot think anyone is more deserving than me.

So when my number is drawn tomorrow night, should I take the lump sum and pay the huge tax ?
How should I invest my winnings ?

I have already set aside a one million dollar bet on 11 black at the Bellagio, but I'm not sure how to "invest" the rest.

I'm thinking I will give each member of this board a gift of one million dollars, but that means I will still have a few hundred million to invest.

Please give me some investment ideas:D
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Good luck.

Take the lump sum, you can make much more in the long run. Just invest in trump and musk ventures as they will be using the power of government to grow their companies and personal wealth.
 
UNCatTech said:
Good luck.

Take the lump sum, you can make much more in the long run. Just invest in trump and musk ventures as they will be using the power of government to grow their companies and personal wealth.
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Just got back from buying three $2 Mega-Million tickets and was thinking taking the lump sum is the simplest idea which would net me around 500 million after taxes.

Investing the 500 million conservatively to preserve capital I could generate around 20 million/yr in income which would make it very easy to buy gas and eggs no matter the Trump inflation to come...
 
heelinhell said:
Just got back from buying three $2 Mega-Million tickets and was thinking taking the lump sum is the simplest idea which would net me around 500 million after taxes.

Investing the 500 million conservatively to preserve capital I could generate around 20 million/yr in income which would make it very easy to buy gas and eggs no matter the Trump inflation to come...
Click to expand...
Actually the lump sum amount is $516 million gross. After taxes you will net just over $300 million.
 
farce© said:
Actually the lump sum amount is $516 million gross. After taxes you will net just over $300 million.
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Well, damn !

Just 300 million after taxes ? If I had known that, I would have bought only two tickets and saved myself $2:mad:
 
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