Economic Crash - What Would Happen to My Winnings?
I've been giving this lots of thought. I did a brief look around on LP and didn't see any related threads.My questions:1. If I won a major prize, how should I 'crash proof' it? Can a lottery prize be...
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The value of your money shrinks as it has been doing so since the first dollar was issued.Depending on your age you might remember when a good slice of pizza with real cheese and olive oil was 15...
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I agree...also buy gold silver other precius metals and diamonds...if cash goes under gold will always be a great backup...Warren Buffett has vaults in London with nothing but gold and silver in...
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Keep as little of it in the banks. Remember what happen to Cyprus.Soon it will happen to the U.S.A. Choose cash payment over long term payments. Buy a home with land. Buy gold, silver, platinum. Buy...
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Three consecutive economic crashes, four years apart, would have a better chance of occuring than the thought of anyone expecting to win a JP in their lifetime.The odds set the priorities for me. My...
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Thanks for the informative and interesting responses. Like most here at LP, I EXPECT to win something at some point. Just wanting to 'crash proof' a major winning at the first opportunity. A U.S....
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investment is the keymoney takes u placesnot just properties but with minerals on itglobal
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Great question, Garfield.My personal view is that once you have any money tied up in anything: stocks, bonds, bank accounts...anything other than having it in your physical possession it cannot be...
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my thoughts is what would happen to annuities as theyr emeant to be muni bonds, if all the states are bankrupts? wont be much revenue from them. diversification, differnt properties in as many...
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