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This is very interesting.
When I was hit by a car riding my bicycle in college, the driver settled before going to court. I was of legal age but we, my parents and I, decided on an investment strategy to protect and grow the settlement.
We also decided that I should get a small, in relation to the settlement, amount of "mad money" to spent as I saw fit.
Sounds goofy but it worked.
After hookers and cocaine, I invested in land that became the basis for a business and then a house, another house and then the farm. The principle is still there, chugging away.
It worked for us but I do understand how it may not work for others.
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1996 FJ80.
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