Surprise money & stability

Mr. Investor
Aug 25, 2017 · 2 min read

The recent powerball lottery winner by some lady in Massachusetts made my eyes wide open. That’s an insane amount of money even after deducting the federal & state taxes. It’s getting yourself listed on the member of world’s richest list.

Why should one even worry much after winning that number of dollars?!. I was thinking this to some gravity along with several debates within myself. This situation of winning is getting to the point ‘y’ from point ‘a’. It was easy. Right?. You just had to be million times super lucky. But the real headache is to maintain a stable position at point ‘y’.

Everybody got their plans for such scenario. I was just preparing my hypothetical planning on carrying out the right steps to provide the right direction to this huge winning.

I’d first take a deep breathe. Carry out my calculations & rough sketch on how to make the best use of the money. Indeed, it’s investment. Then, i’ll try to explore my options on planning the kind of investment that’d be self sustaining in the long-term.

Second step would be to hire private wealth manager & a lawyer. These two people are extremely essential to defend me and provide me with the right advice at the times of the need. It’s like making sure on my blind spots. I’d need to make sure i have every right person for the job on giving this amount the right direction along with stable growth. It’d also be more essential for me to keep my expenses under radar from the very beginning. It’s a healthy habit, both financially & psychologically.

I went through few good articles & made some researches on wealth management funds, their kinds with some comparison. I guess, it’s not hard to manage any amount of wealth when people can convince themselves wisely and simply being responsible they can even develop a potential to tenfold what they have.

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Mr. Investor

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Investment is not an option. Writing since ….,

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