Holy, Toledo, can we say ‘broke by Christmas?’ I mean, he just picked up his check last month, and ALREADY he’s dropped $25 mil on a house AND moved in!!
I mean, if it were me, I’d still be interviewing financial advisors, lawyers, etc. before dropping that kind of money on a house! ‘Course, I’m at the opposite end of the cautious spectrum than this kid is, and would no doubt deserve some criticism for that as well.
But this is reminding me of the guy who won $300 million and drove around in his new pickup with a suitcase full of $100s to help out all his friends who were popping up everywhere asking him for a hand.
Possible....but $25 million is a bit more than 1% of the jackpot. IMO this guy biggest danger...if he’s the rightful winner...is a dishonest financial advisor/accountant. That would be particularly true if the winner’s of limited intelligence/education.
IMO-—The dumbest part is BUYING ANY PROPERTY IN CALIFORNIA.
FOR that kind of money-—he could own acres & acres in another state-—where he is SAFER.