Re:Ask HN: What did you do when you suddenly got rich?
by ThrowHitJackpot on Friday July 26, 2019 @10:09PM
(#20539945)
Thank you! This is quite good detail. I especially appreciate that you told me what you did - versus what I should do :-)
Insurance is maxed out. Agree that putting tax money in super safe savings method is good.
Got an accountant, not sure it's the right one but not a bad one.
Working on trust and all associated works.
Interviewing various RIAs. Not sure about DAF - I get it but may wait to donate money.
Great book recommendations!
The only question I have for you and others is - what about diversifying? Details on my 'wealth increase' is that company illiquid stock turned into liquid stock; so did you focus on diversifying or patience?
Insurance is maxed out. Agree that putting tax money in super safe savings method is good.
Got an accountant, not sure it's the right one but not a bad one.
Working on trust and all associated works.
Interviewing various RIAs. Not sure about DAF - I get it but may wait to donate money.
Great book recommendations!
The only question I have for you and others is - what about diversifying? Details on my 'wealth increase' is that company illiquid stock turned into liquid stock; so did you focus on diversifying or patience?