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He was a pretty smart uncle, so he didn't do anything too lavish with it like you normally see people doing, but in the end his plan of being rich off the lottery failed and I think I know why.
Most people have slowlane goals, they think that having a lot of money can then become compound interest and you are set for life or whatever. But when he got that cash the reality was much more brutal than he expected. There really are not any great "slowlane investor" plans for lottery winners set up to do what these guys first think of.
The reality is that society isn't set up for slowlane goals, its set up so that you never really reach them. Having that money doesn't give you a fantasy, WITH a limited amount of money you try to BUY that fantasy in a world where it just doesn't exist like you expect.
Long story short, having money, doesn't make the slowlane plan a lot better. Did it let him pay off some debts? Sure. Will he make all that money again by working and saving? No, cuz its not a straight sum game like that apparently.
What I learnt is that winning the lottery is for "talk", its a "stunt", unless it parrallels with a higher understanding of how to leverage that cash, it is going to find itself in a desert. In short, its an action fake that tries to say "I have money so now I'm better with money".
What ends up happening is "so what happened with that money?" "oh that, its an interesting story, but half did this and half did that and it didn't go as far as I thought" "hmph, ok... good weather"
I think that nothing can really replace a great head on your shoulders, because "common sense" + money, does NOT equal success.
Key lesson: Money can't buy a slowlane fantasy, because the slowlane fantasy is heavy, money hungry and emotionally doesn't have any legs.
He HAD common sense! So the lesson is "wake up!!!" your common sense slowlane ideas are unrealistic, time consuming, and take money to sustain!
Most people have slowlane goals, they think that having a lot of money can then become compound interest and you are set for life or whatever. But when he got that cash the reality was much more brutal than he expected. There really are not any great "slowlane investor" plans for lottery winners set up to do what these guys first think of.
The reality is that society isn't set up for slowlane goals, its set up so that you never really reach them. Having that money doesn't give you a fantasy, WITH a limited amount of money you try to BUY that fantasy in a world where it just doesn't exist like you expect.
Long story short, having money, doesn't make the slowlane plan a lot better. Did it let him pay off some debts? Sure. Will he make all that money again by working and saving? No, cuz its not a straight sum game like that apparently.
What I learnt is that winning the lottery is for "talk", its a "stunt", unless it parrallels with a higher understanding of how to leverage that cash, it is going to find itself in a desert. In short, its an action fake that tries to say "I have money so now I'm better with money".
What ends up happening is "so what happened with that money?" "oh that, its an interesting story, but half did this and half did that and it didn't go as far as I thought" "hmph, ok... good weather"
I think that nothing can really replace a great head on your shoulders, because "common sense" + money, does NOT equal success.
Key lesson: Money can't buy a slowlane fantasy, because the slowlane fantasy is heavy, money hungry and emotionally doesn't have any legs.
He HAD common sense! So the lesson is "wake up!!!" your common sense slowlane ideas are unrealistic, time consuming, and take money to sustain!
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