Just for the fun of it, here's how I would invest my money if I happen win the lotto.
I would use this portion to fund my day to day living & travel expenses via dividends. The main point with this portion is to never ever, under any circumstance spend principle. I'd go with a portfolio of 50 dividend growth stocks which would be very similar to what I have in place right now. The stocks would the same ones listed on my portfolio page minus ABBV, EIFZF, INTC, and LINE. I'd go with solid companies including ADP, BDX, CL, GD, GE, GPC, LMT, MDT, MMM, MO, RSG, TGT, VZ, WEC to round out the remaining slots.
20% Fixed Income
Capital designated towards this allocation would be used for the purpose of reinvestment and charity donations. I'd go with a mix of ETFs covering a wide range of choices including US government bonds, municipal bonds, corporate bonds, foreign bonds, and preferred stocks. Since I am not interested in setting up individual bonds ladders, ETFs are good enough to get the job done here. Interest received would be used as follows:
-50% into equities
-30% back into fixed income
-20% donated to charity. I'd pick a disabled veteran charity since those courageous citizens are near and dear to my heart.
5% Doomsday Scenario
This allocation would be used for historically poor investments such as precious metals and cash. Also real estate, although I don't consider it a poor investment. These are the sort of assets you want to own if the unthinkable happens. These are true sleep well at night assets that tend to be tangible and not based on man made financial systems.
-Guns & Ammunition. Perhaps the most important component to doomsday scenario preparation used for self defense and hunting. I'd probably throw in body armor, helmets, night vision, gas masks, chemical suits and other gear I have been trained to use as well.
-Physical Gold and Silver. Great store of value which has been used as currency for 1000's of years.
-Physical Land & Real Estate. I'd pick a nice spot up in the mountains to call home. I don't think I'd bother owning more than 1 house even if I was filthy rich. Too many headaches.
-CDs. FDIC insured accounts at respectable banks simply for the peace of mind.
The mega millions drawing is for 130 million dollars next Tuesday. A man can dream right? I bought one ticket.