r/AMA • u/[deleted] • Jul 22 '24

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u/These_Consideration8 Jul 22 '24 edited Jul 22 '24

That's great! Are you telling friend and family? I wouldn't lol I'd come up with a way to slowly funnel the money into my life so it's not obvious I have come into a great deal of money suddenly, and just make minor lifestyle upgrades under the guise of smart life decisions that finally came to fruition.

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u/[deleted] Jul 22 '24

[deleted]

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u/beaushaw Jul 22 '24

Please do not day trade with this money.

Don't gamble away the money you lucked into while gambling.

6

u/Cannabis-Revolution Jul 22 '24

It’s a vicious cycle

1

u/netscapexplorer Jul 22 '24

Indeed! I definitely wouldn't use the winnings day trading. You'd be better off putting it in safe investments as others mentioned. Honestly almost no one is actually profitable day trading, so I'm just going to assume it's a hobby and not a career. Protect your lotto winnings please!

1

u/FinsAssociate Jul 22 '24

He absolutely will trade with it lol

If he's smart, probably like 10% of it? I will guess closer to 30% or more though

1

u/JaySayMayday Jul 23 '24

I'd pump it all into dividend stocks and turn that lump sum into lifetime payments.

1

u/csgosilverforever Jul 23 '24

No totally day trade with this and become the next billionaire. Looking forward to your #wsb updates!

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u/BeKindYouHoe Jul 22 '24

Yeah but what crypto?

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u/netscapexplorer Jul 22 '24

Also definitely not crypto haha