|
I had a neighbor that won $20 million back in the mid 1990's. He took the cash pay out, and moved. He burned through the cash in under 7 years. It's a good thing he didn't sell his old house...he ended up moving back into it, and drives a second hand GM now.
It was sad to see that happen to him, but he had no idea how to handle having that much cash.
__________________
 1987 560SL
85,000 miles
Meet on the level, leave on the square. Great words to live by
Were we directed from Washington when to sow and when to reap, we should soon want bread. - Thomas Jefferson: Autobiography, 1821.
|