I read an article about what you should do when you win the lottery. It was written by a well-known financial planner based here in Brisbane.
Now, setting aside the lottery part, just imagine ourselves in that position. What would you do if you were to receive $1 million dollar tomorrow?
If it was me, perhaps I would:
– Leave the money in FD-like accounts until I graduate.
– After graduation, I’d take out some to pay for my CPL/IR and Flight Instructor Rating Course.
– At the same time, acquire some investment properties and also set up a share portfolio.
It sure is nice to daydream huh? 😀
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Disclaimer: This article is not a specific nor general advice on managing or investing your money. This article does not constitute a recommendation nor does it take into account your investment objectives, financial situation nor particular needs.
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