If I were Filthy Rich
By ambitiouslearner123+64 What do you think about Graham Stephan's investment plan for winnning the $1.9 billion Powerball jackpot?
If he had won the $1.9 billion dollar Powerball, he would have a $528 million lump sum after taxes.
Then he would invest $150 million in Market VTSAX giving him a new income of $375k/month
$150 million in Market Bonds VTBLX -> New income of $375k/month
$75 million in Triple Net CRE (commercial real estate) -> New income $187k/month
$75 million in residential Real Estate -> New income $187k/month
This would be a total income: $1,124,000/month
Then as a savings measure, he would have
$40 million in 2 year treasuries with a 4% yield.
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This would leave him with $38 million in leftover money from the $528 million to buy whatever he wants.
Recent responses
+52 @cXs808 If you win $528m lump sum after taxes, it really doesn't matter what you do investment wise as long as it's somewhat reasonable you'll be making more per month off dividends than 99% of the country. You could invest in the entire stock market with a total market ETF/Mutual something like $VTI and you'd be pulling in about $8mil a year ($660k/month) before taxes with very low risk while your $528m equity grows. I don't think I could even spend $660k a month, much less $1.1m a month.
+17 @therealrico I personally would stay away from commercial real estate. Remote is to some extent here to stay. How much remote is the question. But the rest of it seems solid, I’d probably do something similar. Another option is he could invest in hood blue chips that pay dividends. I wouldn’t do that for all the money but I’d definitely allocate 25-50% there.
+16 @Chromattix I can't imagine what kind of life I'd have with a million dollars coming in passively every month. All I know is that I'm not doing a damn thing that isn't for my own personal enjoyment or benefit ever again.