Difference between revisions of "Managing a windfall"
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| − | + | {{Warning|"Most financial practitioners agree that well over 50 percent [of windfalls] are lost in a relatively short period of time. NBC News reported that more than 70 percent of lottery winners exhaust their fortunes within three years." -''Larimore, Lindauer, and LeBoeuf (2006). The Bogleheads' Guide to Investing. Chapter 15: Wiley. ISBN 978-0471730330.''}} | |
==See also== | ==See also== | ||
*[[Financial planning]] | *[[Financial planning]] | ||
Revision as of 20:51, 3 September 2012
 | "Most financial practitioners agree that well over 50 percent [of windfalls] are lost in a relatively short period of time. NBC News reported that more than 70 percent of lottery winners exhaust their fortunes within three years." -Larimore, Lindauer, and LeBoeuf (2006). The Bogleheads' Guide to Investing. Chapter 15: Wiley. ISBN 978-0471730330. |
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