Saturday 11 May - Snap Chat app funny stuff - How would you handle a windfall of cash.

For #StatueFriday by @erikah.

The Kids were messing around with this gender app changer. It showed you what you look like if you were the opposite sex. Here is what I look like as a woman. They sure got a kick out of it.

Will you be better of if steem goes up and you all of a sudden become a millionaire?

The chance that if steem went to the moon does not mean your life will be better off. Most people will be worse off then if it stayed where it was at and your financial situation did not improve to leaping you to millionaire statues.

70% of lottery winners go bankrupt after 3-5 years. That’s 3 in 4 people are broke after receiving their windfall. That’s a staggering statistic. 3 out of the 4 people that you engage with here on Steem will be worse of then they are now.

The reasons are simple why this happens. Most people never have had any experience with large sums of money. How to or where to invest place your money. How do you create a portfolio and spread the risk. What advisors can you trust and how much authority do you give them. These are all questions that need answering.

The smart people will stay invested in Steem until they have things worked out. Then and only then move slowly.

Others will buy their Lamborghini’s and whatever else they desire until they no longer have any money to pay their bills.

I hear people talking about hitting the moon. But what happens when or if it does. Are you prepared. I know what I would do.
Buy a Lamborghini

Wolfhart