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Originally posted by morphius
Apparently she is not going to do that, and let it gain value, she is going to spend a lot, in a shot amount of time, She is the one who stated she was going to spend alot of it on a expensive car first, that does not soud like a good interest plan, or strategy to me, she is too young, maybe if she had an advisor?
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Give me a break. Even if she blows in one shot 8 million dollars on cars, jewelry, several houses, vacations, 10 Xboxes, 5 PS2s and a Dreamcast, which is completely unthinkable, anyway, she'd still have $50 million dollars. If she puts that in a crappy savings account, never mind a real investment vehicle, she'd have $500,000 more after one year.