I won quite a bit of money in the lottery and my family wants it. Any ideas for investments or charities?

Investments
rhumblines asked:


I would like to get in on the ground floor if anyone has any good ideas, or is starting a project. I don’t mind some risk, if the idea is strong.

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8 Comments

  1. realityburger:

    Read “The End of Poverty,” by Jeffrey Sachs.

  2. heidibel:

    Charity - HSUS: Humane Society of the US

  3. rock:

    cities always need more places to hold dogs and pets. if not in to animals open a nightclub make more money that way. or start up so place woman and child can go if they have no other places

  4. Mommyof3:

    Set a portion of the money aside to give to your family and let them know that is all of the money that you will give to the family and give each person a small portion of it. Then you can keep them out of your hair so you can do other things. If I ever had enough money, I would buy a house with alot of rooms and help single mothers go to college while living in the home. That is my plan.

  5. latovat:

    Well I have 4 kids and I’m a single mother. I can not work at the moment because I can not find proper child care for the two children that don’t attend school.( I would love to be working) But here is the deal, Me and my kids are living in a small 2br, 1 ba home, you could donate about $2,500.00 to us so that we can pay the down payment on a new and bigger home. Charity I guess you could say, but I would consider it to be a blessing. Ty

  6. dinosaur:

    look into stocks with merril-lynch,e-trades,start or buy a turn key buisness that many people need.small buisness opportunity magazine has many ideas .buy a few cargo vans and haul cargo freight good money earner there.charities a local humane society,donate to comunity outreach programs for the battered and abused or even a senior outrech program .Even a food shelter with some supplies to feed the unfortunate.These things are good to do and many more if you do not wish to give any to your relatives.you can put it to good use and GOD would love the help you would bestow upon others too.

  7. linkUS:

    I have several things for you.
    The stock to buy is Chipotle Mexican Grill (CMG), up over $2.50 today. IPO in JAN 2006, huge growth potential.
    The reason you would invest money into a charity is to offset income. There will be a limit you can invest in a charity. So give the limit and no more. The best ones….NO any one will do Red Cross or any Jewish or Catholic (in their medical facilities).
    Lastly, there is an up and coming use for the internet. In just a few years people with web enabled GPS cellphones will be using them to find places. Places like restaurants, golf courses, doctors offices, shopping. They will be going to a web site and dialing in the place they are looking for or they will tell the web where they are and the web-site will direct them to the nearest restaurant. Do you like that??

  8. kadel:

    Buy rental real estate