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What Do You Do With Large Amounts Of Money? (lemm.ee)
submitted 3 years ago by to c/asklemmy@lemmy.ml
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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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[โ€“] 1 point 3 years ago

Investors shouldn't be picking winners. That's already too much risk and too many fees. Total market index funds and total bond indexes are what you should be investing in.

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