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by claylimo 1460 days ago
I talked with a financial advisor. He said for some of his higher end clients who have 25 million dollars that are simply sitting around in investments. The money is doing nothing for them except accumulate. He advises them to at least spend some of it.
3 comments

It's interesting how the amount of money involved can change your perspective. For me the single most important thing to do with money is save it. Nothing I can buy will give me as much happiness as being able to help make the lives of important people in my life easier. We have a broken housing system that screws over almost everyone who doesn't get help so I want to save a sizeable contribution to my son's downpayment. I want to help pay for his wedding. I want to pay for his education. I want him to have a better start to life than I did and I want him to have more opportunities than me. I guess once you accumulate enough money you can do all that and still easily have more left over for the nice to haves.
don't worry. the market decline will take care of that