If I were Filthy Rich
By frequency_of_free+35 What are your top Investments when you win?
What do you plan to invest in when you win. Do you plan to keep it all in safe investmetns or choose anythign risky? Will you invest in innovation or are you an inventor or anything?I know most people think of the obvious with investing but I am curious if anyone plans to go outside the regular boxes of stocks, funds, and real estate for investing.
I am not asking for financial advice in this post. And i am not asking for people to get preachy about investing.Just a fun post about what we will do. We are all different.
Also, anyone ever do/done or will do offshore or foreign investments?
Example investments:
EFT, individual stocks, sports & recreation facilities, bonds, art galleries, real estate trusts, crypto, your own business(es), other peoples business(es) or startups, education for yourself, entertainment venues, education for others, health care technology, dividend/growth/value stocks, ai, treasuries, event spaces, direct real estate, high yeild savings, real estate crowdfunding, money markets, flipping homes, public access ares for camping fishing and hunting, parking lots/garages, precious metals, cyber security, innovation...
Recent responses
+17 @This_Independent2686 Apart from the usual safe investments we often mention, I'm investing in elderly care facilities as the population here is aging rapidly and no one is having children anymore. It's gonna be a huge industry in the future as people look for places to take care of their aging parents and grandparents.
+17 @OoklaTheMok1994 Like that one famous post says, take a good chunk and put it in super-safe T-bills. And don't touch it. If I go crazy and lose all the rest of it in Vegas, I'll have an income from the T-bills. Real Estate. Buy up about 40 SFHs and have a property management company handle them. In my market that would bring in about $750K annually. Then, I would take small amounts and waste it on trying to find the next bitcoin. If I had invested $1,000 on Bitcoin in 2010, I would have about $2 billion today. TWO BILLION, WITH A B, DOLLARS.
+12 @nothankyounotnow Beanie babies.