this post was submitted on 19 Aug 2023
178 points (95.9% liked)

Asklemmy

43988 readers
774 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!

  1. Open-ended question
  2. 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.
  3. Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
  4. Not ad nauseam inducing: please make sure it is a question that would be new to most members
  5. An actual topic of discussion

Looking for support?

Looking for a community?

~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~

founded 5 years ago
MODERATORS
 

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
[–] MNByChoice@midwest.social 3 points 1 year ago* (last edited 1 year ago) (2 children)

What? $66K in the USA is more than most. It can be a really great life. How the fuck can $66K be a pittance?

Editing to add: Real median household income was $70,784 in 2021

[–] rDrDr@lemmy.world 2 points 1 year ago

That's like one ambulance trip

[–] Chapo0114@hexbear.net 1 points 1 year ago (1 children)

Also, 66k with no rent or car payments.

[–] snowe@programming.dev 1 points 1 year ago (1 children)

Who ever said you wouldn’t have rent or car payments?

[–] Chapo0114@hexbear.net 1 points 1 year ago (1 children)

If you started with $100M, you definitely could buy yourself a house and car before donating the rest. Hell, you could buy it out of the $2M and still be better off than most folks.

[–] snowe@programming.dev 1 points 1 year ago (1 children)

They clearly said what they were going to do with their money. That was not in the list. If you want to start going outside of the list then that’s fine, but don’t pretend that that’s what OP said.

[–] Chapo0114@hexbear.net 1 points 1 year ago

Omg this is the most redditor argument I've seen off reddit. No one likes a pedant.

Also, they do state they would pay off their mortgage, so not only are you a pedant but also a wrong one at that.