put it in the too big to fail banks, those are likely to be bailed out completely regardless of FDIC limits.
if you give me the money, ill put 3mill in a bank and give the rest to certain political organizations....
this post was submitted on 19 Aug 2023
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Asklemmy
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Multiple banks, only storing what is federally insured by the FDIC in as high yield interest rate savings accounts as I can get.
If you have any decency, get rid of most of it, preferably to charities or political causes.
That sort of wealth in the hands of a single person is obscene, and spending it on luxury when there are people starving and homeless in the world is the height of immorality.
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Drugs. I would make my home a bunker, and then get high on drugs, waiting to this world to be burned. ๐ I don't really see any good future for any investment unless to survive the climate change that is coming with non-stop.
100m $ !? Other than buying all things I and my family need, I may invest a in real estate that I could rent, and put the rest in the bank.
Invest it into the right place, to begin the unlimited money glitch, and spend the rest of my life in luxury
Finally get rid of the biggest barrier to a better world for at least 300million people, primary/buy-out every single politician of the democrat party to ensure the things that are ostensibly in their platform are actually enacted. Also ensure that every single current non-elected neo-liberal "policy wonk" and their sycophants never have any influence in any future government again.
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Of course first into a bank, a few million in crypto, another few million in ETF, another few million to actual brokers. Then it's time to start buying up property and renting it out at a fair rate - it's not like I don't have money invested elsewhere. All this to diversify investments.
Gotta buy my entire family houses too, so that they don't have to be wage slaves anymore. I should be left with... 50M or more?
Now the fun part starts: investing in opensource. I'd spend my time making a team to find "critical" places to invest in. Stuff where there's just little to no competition or the market is dominated by big players. Identify opensource projects that could challenge that dominance and see if groups would want to work on it full time, be it development, marketing, hardware costs, security audits, etc.
And of course travel and do lots of drugs.
i would invest it - probably in real estate or land.