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Topic: What to do with Class Action Settlement?

binnocent
Member

Member Rated:

posted

Just for shiitz & giggles I thought I'd ask what others may do in this situation.

My situation is:
(short version) About 20 years ago I lost $20,000 in the stock market due to fraudulent activities of a stock brokerage firm. After a looooong drawn out class action suit, yesterday I finally received my huge whopping settlement check for $296. (I guess the Attorneys got most of the winnings)

Here is my dilemma, what to do with that money?

a. should I take my girl friend out for a nice dinner and drinks?

b. invest the money back into the market and see if I can turn $296 back into the $20,000 I lost.(now that I'm a better trader! IMO HAHAHA)

c. other ideas to be considered.

TIA

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Growing old is mandatory!.........
Growing up is optional!

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Upside
Member

posted

c. Booze and a hooker.

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rimasco
Member

posted

Save it...Youre gonna need it to fill your car up come january

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"Simplicity is the ultimate sophistication"

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andrew
Member

Rate Member

posted

Take your girl friend out for dinner and drinks, just don't let your wife find out.

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The Bigfoot
Member

Member Rated:

posted

Use it to buy lottery tickets and get your money back that way. LOL

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No longer eligible for government service due to lack of tax issues.

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andrew
Member

Rate Member

posted

yeah, get scratch offs.

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rimasco
Member

posted

Invest it in POOLBOY Entertainment LLC.

I hear they got a good "shoot'em up" and on flick coming out.

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"Simplicity is the ultimate sophistication"

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binnocent
Member

Member Rated:

posted

Upside said - c. Booze and a hooker.
(This one has potential.... but I may lean towards safer...... Dinner/Drinks/Girl Friend, get lucky afterwards.)

Andrew said - Take your girl friend out for dinner and drinks, just don't let your wife find out.
(only have an Ex, and definitly not letting her find out, she will think I owe her half the $269)

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Growing old is mandatory!.........
Growing up is optional!

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glassman
Member

posted

dang, you got 296?

none of mine were ever over 10$... [Wink]