If I were Filthy Rich
By DrTriage+22 Beyond Financial Security
You've won and taken the lump sum which is currently in a blue-chip balanced stocks & bonds portfolio. What would you do to insulate yourself from the Sh*t Hitting the Fan? The thought of WW3 breaking out was remote two weeks ago is much more real today, so what can you to protect yourself?
Me? I would add a rifle or two to my collection, and a lots of ammo, or better yet, a reloading setup. A defensible property with extensive wind/solar capability, all kitted out with greenhouses (I know subsistence farming is hard work but greehouses makes it much easier) I would hire-on a complement of laborers.
You can't eat gold, so what would you invest/buy?
Recent responses
+17 @wegotthisonekidmongo I would claim it as a trust so nobody knows jack s*** here in Massachusetts. Then I would invest the majority of it into some bonds index funds and really stable but long-term gaining stocks or index funds again. It's just me and my wife and I'm 50 years old. I have no vices I don't drink or do drugs and I'm very low-key hard working person that work in finance and Tech my whole life. I would literally vanish and work on myself physically to get in Peak Greek god shape. As well as take care of the people who cared for me my whole life. But the most important thing would be total and utter privacy. If I ever won the only person that would know would be my wife and I would tell her to tell everyone I received 10 million from my grandfather after he passed away. No one would know jack s*** I would probably move to another state and just live a quiet peaceful life. Write my life story into a book while getting in shape and hopefully one day turn it into a movie. That and maybe go vacation and live the life cool and comfortable. Nobody needs to know s*** and I don't brag and I don't like sports cars or boats. I just want peace of mind and total security. God bless to those out there.
+14 @TheLizardKing89 I would get citizenship somewhere else so I could flee the U.S. if necessary.