Re: I won the lottery (Good advice here but what about..)

Posted by John Chleapas (A) on March 21, 2007 at 13:51:22

In Reply to: Re: I won the lottery posted by Story on March 21, 2007 at 08:26:31:

...his buying some vintage gear that will hold its value and appeciate over time? Vintage tube gear by McIntosh, Marantz, Fisher, Fairchild, and many others is out there. My JBL L300 speakers cost me not a lot of loot used 5 years ago. They would earn me $2,500 in profit today above my purchase cost when I sell them. Vintage Patrician 800, Hartsfields, and other speakers come to mind that sound great and will only appreciate in their value. Did he mention a tt? A used VPI Aries model one would be on my short list. In the end it is up to the guy what he buys. He can spend ~$10 to 15K and get a good sounding vintage system, or he can can spend $100K and watch his money vanish as the new gear goes down in value by about 1/2 in the first year. BTW, I do not think he did too badly if his first check is for over $100K. He can spend less than half of that and buy one heck of a system. If I were him a new alarm on the home and some well trained and loyal guard dogs might be a good idea. A new unlisted phone number is also in order as he will soon have first contact with "relatives" he never met prior to this eager to ask for financial help. :) New subscriptions to Money Magazine, Kiplingers's, Forbes and others similar is in order as he learns how not to put all his investments into a single stock. He will learn the word diversity for his investment portfolio is a good thing. Congrats BTW on your win! John

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Follow Ups Full Thread

Topic - I won the lottery - gortnipper 16:12:13 03/20/07 (17)

The almighty dollar - Nemo non 05:47:05 03/22/07 (1)

Sorry. I included my ticket, too. - Nemo non 07:58:05 03/23/07 (0)

I'm in a minimalist mood right now - 4season 11:09:00 03/21/07 (0)

A-U-D-I-O N-O-T-E - Frihed89 09:42:10 03/21/07 (8)

Re: A-U-D-I-O N-O-T-E - 4season 14:16:07 03/21/07 (6)

Re: A-U-D-I-O N-O-T-E - Len_ 14:31:20 03/21/07 (5)

Re: A-U-D-I-O N-O-T-E - posbwp55@msn.com 16:32:15 03/21/07 (4)

Re: A-U-D-I-O N-O-T-E - Len_ 10:03:37 03/22/07 (0)

Re: A-U-D-I-O N-O-T-E - Larry I 06:32:27 03/22/07 (0)

Re: A-U-D-I-O N-O-T-E ...Japan - jon_s 19:09:52 03/21/07 (1)

My visit to Kondo (Audio Note Japan) - winstoncheng888@hotmail.com 23:00:41 03/21/07 (0)

Re: "$100K will only buy a middle-of-the-line system, not the best." ALRIGHTY THEN! - SirAnthony 13:15:57 03/21/07 (0)

Re: I won the lottery - Story 08:26:31 03/21/07 (3)

I may be stupid, but I am not a fool - "my dream still has a budget" (nt) - gortnipper 15:50:17 03/21/07 (0)

Re: I won the lottery (Good advice here but what about..) - John Chleapas 13:51:22 03/21/07 (1)

Now I just neeed to find that winning ticket when I wake up.... - gortnipper 15:25:34 03/21/07 (0)

Re: I won the lottery - Len_ 16:35:40 03/20/07 (0)

Follow Ups

Re: I won the lottery (Good advice here but what about..) - John Chleapas 13:51:22 03/21/07 (1)

Now I just neeed to find that winning ticket when I wake up.... - gortnipper 15:25:34 03/21/07 (0)

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