如辰东
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Should you let your family know you won 50 million in the lottery?
I suggest not to.
First, after taxes, 50 million will net you 40 million. Don’t think about financial management; you don’t have that ability. If you turned 5 million into 40 million through stock trading or other means after many years of hard work, then I believe you have the ability to turn 40 million into 60 million, 80 million, or even if you lose, it won’t be too bad. But this unexpected windfall, with no financial management experience, investing it will just be giving away money.
Okay, deposit in the bank. I don't recommend the big four banks due to low interest; for such a large sum, I also don't recommend small banks. Just deposit in Shanghai Pudong Development Bank, and negotiating for an annualized rate of 5% should not be a problem. Split it into 5 deposits. Deposit 8 million a year for 5 years in a fixed term.
First, after taxes, 50 million will net you 40 million. Don’t think about financial management; you don’t have that ability. If you turned 5 million into 40 million through stock trading or other means after many years of hard work, then I believe you have the ability to turn 40 million into 60 million, 80 million, or even if you lose, it won’t be too bad. But this unexpected windfall, with no financial management experience, investing it will just be giving away money.
Okay, deposit in the bank. I don't recommend the big four banks due to low interest; for such a large sum, I also don't recommend small banks. Just deposit in Shanghai Pudong Development Bank, and negotiating for an annualized rate of 5% should not be a problem. Split it into 5 deposits. Deposit 8 million a year for 5 years in a fixed term.
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