What Do You Do With Large Amounts Of Money?

https://lemm.ee/post/4726942

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

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 pay somebody to deal with it.

Mixture of types depending on your goals. CDs, Bonds, Stocks, etc.

You can just open more accounts also.

When you have enough to live well for multiple lifetimes, it always perpexes me when people fixate on makkng more.

You won, go enjoy hobbies you can easily fund now, this is just hoarding at this point.

For 100 million you are good but for more realistic amounts of money the value of it generally just goes down with time so it is a good idea to do something with it.

I think the behavior of hoarding is pretty human and there is a broader failure of inequality.