If it is all cash you might have to hire some muscle and become a loan shark. Got to be careful of taking all that cash to the bank as they now track all those big cash transfers,
Not the response I was expecting from a retired fellow engineer… but we all have a little Heisenberg in us, I suppose.
Those goals often depend on what stage of life you are at and what other circumstances are important, If older, income, taxes limiting risk and efficient passing it on might be most important. Younger and not needing it to live, growth would put you in best long term position.
A friend of my fathers had a share of Milwaukee Bucks. Better figure the revenue steams for that farm team cause you do not want to feed it
I think about all he got out of it was his ball signed by Tom Trebelhorn.
I just am proud again to say that not one single NU poster has suggested it be wasted on NIL.
If a bag of NIL money is a massive windfall, it's on the level of paying off the mortgage, the remaining college loans, maybe buying a new commuter car. Possibly helping a family member from the next generation get thru college themselves or, if you're young enough, helping the previous generation get thru recent and totally apolitical economic hardships for which they have inelastic recovery abilities.
One million? Throw it on the pile… but my “house on a lake” zillowing goes into turbo gear.
I'm guessing it really varies. I know people who have family foundations and some of them agonize over each grant they make and others have a fairly steady portfolio they settled on a while back and don't necessarily look too closely at the performance of each of their grantees year to year.
