Author Topic: Pool Winnings  (Read 1638 times)

mrgrump

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Pool Winnings
« on: April 06, 2015, 08:24:38 PM »
The Wisconsin/Duke game is currently tied at half. If wisconsin is able to pull it out my $5 office pool wager will turn into $300. I also received a $250 bonus check so....in theory here in 90 minutes or so I could have $550 to invest....all of my investments are in index funds aside from a small position in Kellogs (K) and CocaCola (KO). Two questions....

1) Does Wisconsin pull it out?
2) What stock should I invest in....I am considering AT&T (T)

Index investing is probably the correct answer but if you could only pick 1 stock what would it be? I will hold it for at least 1 year if not longer.

lostamonkey

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Re: Pool Winnings
« Reply #1 on: April 07, 2015, 05:09:33 AM »
I never understand why people treat "found money" different from "earned money". Just invest it in index funds like you normally would.

arebelspy

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Re: Pool Winnings
« Reply #2 on: April 07, 2015, 07:06:41 PM »
1) No.
2) No.
I am a former teacher who accumulated a bunch of real estate, retired at 29, spent some time traveling the world full time and am now settled with three kids.
If you want to know more about me, this Business Insider profile tells the story pretty well.
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