1139

submitted 6 days ago by nifty@lemmy.world to c/196

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[-] Elyndor@lemmy.world 2 points 5 days ago

Why? Why would you want to do that? I'm a stupid person — I would just spend the money by investing them into stocks and opening a bank deposit, so that at least one of these enterprises has a chance to become a sustainable source of income. Organize a business I always wanted to maybe. Certainly wouldn't spend a single dime on 'lawyers' and 'financial advisors'.

[-] Zorsith 20 points 5 days ago

So you can maintain some semblance of anonymity and not get murdered for the money when the news publishes your identifying information, and you dont get completely fucked by the IRS for not knowing every rule about being a millionaire

[-] frezik@midwest.social 5 points 5 days ago

Money at this level has some pitfalls. Once you get into hundreds of millions, you can single-handedly move the market just by making a trade of that volume. That may or may not work to your advantage.