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Topic	Financial planners upset as Powerball winner buys $73 million LA mansion
kinetika_ 09/27/23 1:53:31 PM #161:	Bass posted... Meh, he'll be fine if he cools his jets. Also, lmao at not taking the lump sum. Pretty much always better to take the lump sum and invest. This guy made that choice correctly at least. Yeah, it's stupid to take pay outs over the years as you couldn't invest a large sum of money at once. In my case, I'd pay all my debts off, start a few more business ventures with my INC, and that's how I'd "quit my job". I really do think this guy is going to go broke in a few years, because, like someone else pointed out, the upkeep for everything is going to kill him. <cite>kinetika_ posted [p:976337726] in Financial ... [t:80578179]...</cite> <quote>Bass posted... </cite><quote>Meh, he'll be fine if he cools his jets. Also, lmao at not taking the lump sum. Pretty much always better to take the lump sum and invest. This guy made that choice correctly at least.</quote>Yeah, it's stupid to take pay outs over the years as you couldn't invest a large sum of money at once. In my case, I'd pay all my debts off, start a few more business ventures with my INC, and that's how I'd "quit my job". I really do think this guy is going to go broke in a few years, because, like someone else pointed out, the upkeep for everything is going to kill him.</quote> ... Copied to Clipboard!
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