Author Topic: Pool Winnings  (Read 1224 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.
We are two former teachers who accumulated a bunch of real estate, retired at 29, and now travel the world full time with two kids.
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