Asklemmy

43806 readers

1376 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy 🔍

If your post meets the following criteria, it's welcome here!

Open-ended question
Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
Not ad nauseam inducing: please make sure it is a question that would be new to most members
An actual topic of discussion

Looking for support?

Looking for a community?

Lemmyverse: community search
sub.rehab: maps old subreddits to fediverse options, marks official as such
[email protected]: a community for finding communities

~Icon~ ~by~ ~@Double_[email protected]~

founded 5 years ago

MODERATORS

[email protected]

159

What Do You Do With Large Amounts Of Money? (lemm.ee)

submitted 1 year ago by [email protected] to c/[email protected]

119 comments fedilink hide all child comments

Suppose you win 100 million. What do you actually do with it? Banks only guarantee 250,000. Do you have to invest it? Is there anywhere you can just let it sit and draw interest?

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 11 points 1 year ago (1 children)

After the usual paying off debts, buying houses for family and making sure that sort of needs are taken care of, I would invest in things that really should exist to improve society in general, even if thwy may bot be guaranteed return on investment.

Greener energy, pollution cleanup, educational endowments, social enterprises, things along rhat line.

[–] Stoney_Logica1 2 points 1 year ago

As summer temps rise and people with their heads in the sand die out, I think we're going to see a major swell of focus on green tech to combat global warming, meaning investments in that sector are going to pay dividends.