Last of my WWTBAM winnings
- danielh41
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Last of my WWTBAM winnings
Back in April 2001, after I finally got my check from Valleycrest, I put 10,000 dollars of my winnings into a variable annuity (I'll never do that again). Of course, the stock market took a dive right after that, and I think the value of the annuity went down under 6000 for awhile (but hey, if I had died, my wife could have gotten the entire 10 grand back). After spending more than I should have taking my son to Game 3 of the World Series, I took a hard look at our credit card bills. After weighing the potential returns of keeping the annuity versus paying twenty-something percent interest on the credit card balances, I pulled all the money out of the annuity. After paying all the penalties for early withdrawal, I got back 9400 dollars and put that toward the credit cards.
So, not counting the equity in the house that we bought right after getting the check, all of my winnings are gone now (but my debt is a lot lower too).
So, not counting the equity in the house that we bought right after getting the check, all of my winnings are gone now (but my debt is a lot lower too).
- minimetoo26
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Does your stepdaughter still look askance at your internet friends??
I know my sister does - prolly because she's met some of them.
t.
To argue with a person who has renounced the use of reason is like administering medicine to the dead. -Thomas Paine
You can ignore reality, but you can't ignore the consequences of ignoring reality. -Ayn Rand
Those who can make you believe absurdities, can make you commit atrocities. -Voltaire
You can ignore reality, but you can't ignore the consequences of ignoring reality. -Ayn Rand
Those who can make you believe absurdities, can make you commit atrocities. -Voltaire
- peacock2121
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Sure do wish I knew what askance meant.starfish1113 wrote:Yes, they BOTH were! Does your stepdaughter still look askance at your internet friends??peacock2121 wrote:I did pay for the viewing party and what I shared with my PaFs outta the winnings.
That was very fun.
She still asks about yous guys.
You are called my millionaire friends.
Bet it makes you feel rich.
- christie1111
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- Shade
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Re: Last of my WWTBAM winnings
How much did you win originally?danielh41 wrote:Back in April 2001, after I finally got my check from Valleycrest, I put 10,000 dollars of my winnings into a variable annuity (I'll never do that again). Of course, the stock market took a dive right after that, and I think the value of the annuity went down under 6000 for awhile (but hey, if I had died, my wife could have gotten the entire 10 grand back). After spending more than I should have taking my son to Game 3 of the World Series, I took a hard look at our credit card bills. After weighing the potential returns of keeping the annuity versus paying twenty-something percent interest on the credit card balances, I pulled all the money out of the annuity. After paying all the penalties for early withdrawal, I got back 9400 dollars and put that toward the credit cards.
So, not counting the equity in the house that we bought right after getting the check, all of my winnings are gone now (but my debt is a lot lower too).
-
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Well the net of the $16,000 I had won went towards my college education.
I finally graduate with my BA in History from FIU on December 18th!
Thanks WWTBAM!
I finally graduate with my BA in History from FIU on December 18th!
Thanks WWTBAM!
Tim S.
Twitter: @BrowardAdvocate
Instagram: @TimWSternberg
Facebook: http://www.facebook.com/sternberg
Twitter: @BrowardAdvocate
Instagram: @TimWSternberg
Facebook: http://www.facebook.com/sternberg
- silvercamaro
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Thanks, J!silvercamaro wrote:Congratulations, Tim. I'm proud of you.Timsterino wrote:Well the net of the $16,000 I had won went towards my college education.
I finally graduate with my BA in History from FIU on December 18th!
Thanks WWTBAM!
Tim S.
Twitter: @BrowardAdvocate
Instagram: @TimWSternberg
Facebook: http://www.facebook.com/sternberg
Twitter: @BrowardAdvocate
Instagram: @TimWSternberg
Facebook: http://www.facebook.com/sternberg
- kayrharris
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I completely agree! Thank you Kay!kayrharris wrote:Money well spent. Congratulations Tim!
Tim S.
Twitter: @BrowardAdvocate
Instagram: @TimWSternberg
Facebook: http://www.facebook.com/sternberg
Twitter: @BrowardAdvocate
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- Bob78164
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Congratulations! --BobTimsterino wrote:Well the net of the $16,000 I had won went towards my college education.
I finally graduate with my BA in History from FIU on December 18th!
Thanks WWTBAM!
"Question with boldness even the existence of a God; because, if there be one, he must more approve of the homage of reason than that of blindfolded fear." Thomas Jefferson