AxTng1 on 12/12/2005 at 22:45
Quote Posted by theBlackman
Hope that the person handling the trust has some smarts.
:erm:
Oh dear.
TTK12G3 on 12/12/2005 at 22:51
Quote Posted by theBlackman
Hope that the person handling the trust has some smarts, and Invest now, play later.
Give some serious consideration as to what you might need in the years to come and how you can buffer your trust with some investments now.
Why would need any of that for?
Quote Posted by Spitter
Sex, drugs, rock'n'roll.
Any one of those would work nicely.
Komag on 12/12/2005 at 23:43
If you spend the money on things and the money goes bye bye (even if you stretch it out over a few years or whatever), you will regret it for the rest of your life (or else you will become a big liar to yourself, saying "I'd do it again in a heartbeat", etc, in order to stave off the crappy feeling of regret)
The basic idea is to invest it in income producing assets (annuities, real estate, small franchises, etc, depending on the amount it is) that give you money each month or quarter. Your principle (all the money invested) will still grow slowly over time, and the income can be spent guilt free.
If you're getting under 100,000, this approach will likely only yeild you around 500-1000/mo though, which may not seem like much (pretty unexciting).
AxTng1 on 13/12/2005 at 00:04
Quote Posted by Komag
If you're getting under 100,000
I THINK that's a given ;)
aguywhoplaysthief on 13/12/2005 at 00:36
Quote Posted by Komag
If you're getting under 100,000, this approach will likely only yeild you around 500-1000/mo though, which may not seem like much (pretty unexciting).
What? That's a fine return homes.
Para?noid on 13/12/2005 at 01:14
SPEND IT NOW ON BOOZE AND DRUGS BEFORE IT'S TOO LATE AND YOU END UP PUTTING INTO SOME KIND OF DEBT CONSOLIDATION SCHEME IN YOUR MID-THIRTIES
Agent Monkeysee on 13/12/2005 at 01:50
Quote Posted by Strontium Dog
Yes, but you see, a bungalow is, by definition, a single storey high. One cannot have a 2 storey bungalow, because then it wouldn't be a bungalow.
Are you not paying attention? SHE WAS RICH!
AxTng1 on 13/12/2005 at 15:14
Exactly. If you were a builder, and some senile eccentric old biddy demanded a 2-storey bungalow, you would do it.
Vivian on 13/12/2005 at 15:24
Invest it in sex, drugs, and rock & roll: Buy shares in the HARD ROCK cafe, you'll be swimming in top=notch skirt and all the HARD ROCK you can eat, nothing is too good for HARD ROCK shareholders even the HARDEST OF HARD ROCK is not TOO HARD except when its been LEFT IN THE FRIDGE and GONE A BIT HARD it's still not TOO HARD and you can take it out and BASH IT WITH THE HAMMER which you will also have priority access to as a shareholder. You get space in the fridge to hide partially eaten bodies, you can use the bottle-opener behind the bar (you know that ones that catch the bottle lid as you flip it off? one of those) WHENEVER YOU WANT TO and the barmaid promises to give you a salicious wink and show you a bit of shoulder whenever you order a lager. Although access to peanuts is unrestricted, a small charge will be made per-peanut to cover the cost of glamour photo- shoots and nipple tar.
TTK12G3 on 13/12/2005 at 21:27
Quote Posted by Uncle Bacon
...You get space in the fridge to hide partially eaten bodies...
Yummy.
