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Hi Steve,
Congratulations! It sounds like you're coming into an opportunity
of a lifetime. If it is, you'll want to be VERY careful about
who's advice you trust. Above all else, I'd recommend you protect
your principle.
Everyone's personal situation is different. And in every
situation there's a lot to consider...a lot to think about.
Sudden windfalls can help you solve problems, achieve
peace-of-mind, and plan for the future.
I strongly...STRONGLY urge you to visit
http://www6.americanexpress.com/advisors/ and choose an
experienced financial planner in your area.
Basically, they help you assess your current financial situation,
help you to determine your financial goals (there's always stuff
you've never considered), and work with you to develop and
monitor a plan for attaining them. In your case, one thing they
can do is help you develop a cash flow plan that will allow your
assets to grow in a disciplined manner, while giving you the risk
capital to invest in stocks, futures, or options. Again, the key
is minimizing asset depletion.
Just my $.02, but my experienced $.02.
Tom MacDonald
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