Stock Market/Investing/Fin Planning Catch-All

  • Thread starter Thread starter heelslegup
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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.
 
I'm a WINNER, BABY !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

I had the 3x Mega Ball and won $6 which covers the cost of my 3 tickets

Even Steven...just like Jerry Seinfeld :cool:
 
Acronym for best-perfoming stocks
Old: FANG, FAANG, FANGMAN. Magnificent 7
New: BATMMAAN (Broadcom, Apple, Teslan, Microsoft, Meta, Amazon, Alphabet, Nvidia, Now if someone can figure out a way to work in Costco, Walmart, Palantir, Texas Pacific Land Corp etc

Note: The average stock is acutally down since the November election...

 
Dow down 1,300 since the election
S&P down 40 since the election

No Trump bump
No Santa Claus rally

The stock market does not like uncertainty...
 
If history is any indicator the stock market gonna experience a significant drop in a year or two....just a matter of time.
 
OGtruthhurts said:
If history is any indicator the stock market is gonna experience a significant drop in a year or two....just a matter of time.
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If Trump successfully implements the economic policies he sold in the election, then we are in a world of hurt.

At this point the markets appear to be projecting that there is a 50-70% chance he will be successful in implementing his disastrous economic policies...
 
heelinhell said:
If Trump successfully implements the economic policies he sold in the election, then we are in a world of hurt.

At this point the markets appear to be projecting that there is a 50-70% chance he will be successful in implementing his disastrous economic policies...
Click to expand...
 
heelinhell said:
If Trump successfully implements the economic policies he sold in the election, then we are in a world of hurt.

At this point the markets appear to be projecting that there is a 50-70% chance he will be successful in implementing his disastrous economic policies...
Click to expand...
These were my financial guys projections before Trump was elected. One thing will be certain....."when there is blood in the streets, buy"
 
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