The Money Mustache Community

Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: mrgrump on April 06, 2015, 08:24:38 PM

Title: Pool Winnings
Post by: mrgrump 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.

Title: Re: Pool Winnings
Post by: lostamonkey 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.

Title: Re: Pool Winnings
Post by: arebelspy on April 07, 2015, 07:06:41 PM

1) No.
2) No.