What to do with a windfall

One thing I would be reluctant to do is to YOLO your money. YOLO stands for “you only live once” and has come to represent people making ill-advised speculations on get-rich-quick schemes. But get-rich-quick-schemes are often get-poor-quick schemes. If you are thinking about YOLO, please don’t do it with more money than you are prepared to lose.

Brad Brain_ What to do with a windfall – Alaska Highway News

This article was posted in All Columns, Money Management.
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