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What Do You Do With Large Amounts Of Money? (lemm.ee)

submitted 1 year ago by Rocky60@lemm.ee to c/asklemmy@lemmy.ml

115 comments fedilink hide all child comments

Suppose you win 100 million. What do you actually do with it? Banks only guarantee 250,000. Do you have to invest it? Is there anywhere you can just let it sit and draw interest?

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[–] Chapo0114@hexbear.net -1 points 1 year ago (1 children)

Also, 66k with no rent or car payments.

[–] snowe@programming.dev 1 points 1 year ago (1 children)

Who ever said you wouldn’t have rent or car payments?

[–] Chapo0114@hexbear.net 2 points 1 year ago (1 children)

If you started with $100M, you definitely could buy yourself a house and car before donating the rest. Hell, you could buy it out of the $2M and still be better off than most folks.

[–] snowe@programming.dev 1 points 1 year ago

They clearly said what they were going to do with their money. That was not in the list. If you want to start going outside of the list then that’s fine, but don’t pretend that that’s what OP said.