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Personal Finance and Investing

Happy Hoosier

(8,955 posts)

6. FACEPALM!

Reply to question everything (Original post)

Wed Jul 17, 2024, 09:41 AM

Jul 2024

Just take that money and stick in an index fund. DONE. FFS.

That kind of money can safely produce $2.4M a year in income.

"Divine intervention." Fuck me.

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Highlight:

A Couple Won the Powerball. Investing It Turned Into Tragedy. - WSJ [View all] question everything Jul 2024 OP

another source without the paywall BlueWaveNeverEnd Jul 2024 #1

Thanks question everything Jul 2024 #2

When my Union's pension fund was established in the late 1960's Turbineguy Jul 2024 #3

The financial advisor killed himself. Mosby Jul 2024 #4

Yes. It's a damn shame that they hit the jackpot, and then some idiot (the one who killed himself) ripped it all off. SWBTATTReg Jul 2024 #5

FACEPALM! Happy Hoosier Jul 2024 #6

Not that simple. They wanted to set a not profit tax exempt fund to study a rare disease. question everything Jul 2024 #7

So, hire a lawyer to create a non-profit.... Happy Hoosier Jul 2024 #8