You give it specifically to me so I can fund the production of a fighting game or something
this post was submitted on 19 Aug 2023
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Asklemmy
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put it in the too big to fail banks, those are likely to be bailed out completely regardless of FDIC limits.
if you give me the money, ill put 3mill in a bank and give the rest to certain political organizations....
A lot of wealthy individuals "park" their money in things like real estate and art. For the art, they safely pack it away in warehouses. There's a whole industry that'll do it for you. A lot of them dont even see the art. It's just a wealth parking vehicle.
Another avenue is starting one or more non-profits and philanthropy organizations for the money.
And another is a living trust, to avoid probate when you die, to maximize the inheritance for your surviving beneficiaries.
A fiduciary (not an accountant) will know what to do. Contact a fiduciary
Buy lots of weed. Buy a place to make a workshop. Buy lots of machines. Teach teenagers (and adults, if they want) woodworking, metalworking, and robotics. Make some money on the side from random comissions. Maybe bild myself a wooden house.
I don't know, I'd probably just give 50 millions to charity and hire a professional to counsel me on what to do with the rest
Multiple banks, only storing what is federally insured by the FDIC in as high yield interest rate savings accounts as I can get.
Invest a decent chunk, find somewhere I can be away from things, set my dad up somewhere nice he can get the medical help he needs without worry.
After that, work on funding pro-womens rights and LGBT+ causes and platforms. Do what I can to help others in a position like mine, where there isn't really a "safe" place around to let the mask drop away.
100m $ !? Other than buying all things I and my family need, I may invest a in real estate that I could rent, and put the rest in the bank.