Ok, so i am a consistant player of the lottery. Not much, maybe $5 a week. I know its a long shot but as they say “it only takes a dollar and a dream”. So im sitting here thinking about tonight’s powerball. The jackpot is currently $158 Million…if you take the cash option, after taxes you are looking at about $100M free and clear. The question i pose to this forum is what in the world to do with all that cash?? Considering everyone on this forum including myself thinks that cash, stocks, bonds and all other paper assets are the worst thing to be holding now….what to do?? I mean i would literally buy about 2 million ounces of silver but that would only run me about $55M…what else to do with the other 50M ?? Just buy a ton of real estate???? Obviously you are not going to just sit on that cash and wait for it to become worthless, so what to do??……WHAT WOULD YOU DO IF YOU WON THE LOTTERY TONIGHT??
After receinving the annuitized payout of the lottery which would reduce your total by 50% and taxes on top of that, I would take the funds to a safer country, say Singapore or Hong Kong, buy gold and silver and live life large from that time on . If your silver and gold stack was $75 million you got nothing to worry about if you have your phyzz in a safe secure location at your home residence in a an offshore country with an intact rule of law. Buy a nice private jet with anything you have left over. Paint it silver.
One can only eat so much or use so much and the real joy in life is to help make the world a better place starting with one person at a time. I would build orphanages, schools and churches and then fund them so they continue after I am gone.
Never have purchased a lottery ticket. Best I can tell winning the lottery is about the worst thing that can happen to you. So many stories of families breaking up and the lottery winner spending it all and then some and ending up worse off.
If you win. Keep it secret and give most of it away anonymously.
1st buy a LARGE sail boat that I could SAIL to multable countries all over the world. In each of these countries I would buy a small farm (50 achers or so, with a boat dock) and keep some silver someplace close in every location. If I felt the need to get away fast I could. Millions in silver at todays price! We are talking wealth forever! I wouldn’t forget the criminals that forced me to want to leave my country however and what they have done-oh no.There would be payback!
The truth is, most of us do not have lots of money because having it would ruin us. Let’s face it. People who get and hold a lot of money have a different mind set than the rest. It doesn’t take a whole lot of money to live very comfortably, but money does something to people and they become convinced they need more of it, and everyone is trying to get it from them. No thanks. Don’t want any part of that. During these times, if you are wondering where you are going to get the money to buy that next batch of silver, remember, if it was meant to be, it was meant to be. If all you ever do is worry about money, silver, and the economy, you’ll forget to live your life. Does anyone else feel like this last year flew by in a blink of an eye?
" If you don't have to sell, don't sell. Tuck it away and forget about it, just don't forget where it is!
I will have to get the wife over the hump but think that either a monster box of silver or equivalent in gold is going to be the right move here shortly. We've been saving, and now at the ... "Reply To: My Faith in Silver is Just About Broken
" I picked up a few semi-numismatic coins a couple of days ago. Did not have any of them in my stack so I wanted to round it out a bit with a few of the prettier coins. I am still a fairly young guy at 35 so I am keeping my glass half full. I am certainly discouraged but I do believe that eventuall... "Reply To: My Faith in Silver is Just About Broken
" Shortwave ham frequencies provide worldwide communications daily. VHF/UHF has its place in local comms. No morse code to get a license anymore. Doesn't hurt to know it tho because it will get thru jamming and interference voice can't. All my antennas are emp grounded, it is called lightning prot... "Reply To: Ham radio
" PS: GROUND your EMP Shielding, that cannot hurt and likely helps.
I bet MaryB already has though LOL!
Is Morse Code still part of the HAM License?
They cannot really shut down the frequencies, but may attempt to jam them.
But more likely they will monitor these channels.
... "Reply To: Ham radio
" There goes the idea that I could get in cheaply! I knew that was too easy.
Would I be able to contact anyone worldwide? That was my thought going with this idea in the first place. What's the point in buying one if it doesn't go worldwide? I thought they all had global abilities. I may ha... "Reply To: Ham radio
" I have thought about this. If it is not in the US, it is a risk IMO.
Even in the US, it could still be seized in a bank holiday. hard to say
Thanks for perspective, Mammoth "Reply To: Chinese yuan bank account
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