Re:Ask HN: What did you do when you suddenly got rich?
by mixmastamyk on Wednesday August 07, 2019 @01:20PM
(#20636792)
> too extravagant?
Doesn't sound too bad if you've got millions. Those little things add up though in the long term. Just ask MC Hammer. ;-)
As for conservative - general plan is to put enough money into 3-fund portfolio to be 'set for life' - then be a bit more aggressive with the rest. Agree with diversify. Keeping quiet is good - agree re: think like old money.
I do need to figure out how to treat a bit. Today we decided to splurge on $120/visit weekly housekeeping - too extravagant?
I plan to work for the next 30 years because I like it. I'm around 40 - but we'll see how it all goes.