I have never been too business savvy when it comes to investments. Many, many, years ago, I had the chance to invest in several small projects and decided at the last minute not to do so, and it turned out most of those projects would have set me up for life (at least I like to think so).
I've never been in a position to obtain future payments on any settlements, nor have I had the opportunity to win the lottery or sell annuities where I could collect the money all at one time.
Heck, looking back on things, I didn't even know what I was doing with my deferred compensation account when I had it. I had worked at the same place for six years and managed to stash over $12,000 during that time. The funds I had invested in were doing quite well and things were looking good. Then I had the bright idea to take out the money and start my own business (my second one in fact). That went over like a ton of bricks with my financial advisor and it turned out horribly. That business was the one I like to call the "statistical" one, it failed within the first year.
I should have listened to people when they told me to keep saving money. I can't even comprehend the amount of money I might have had, had I just stuck with it. Then I get a bit upset when I see that someone has won the lottery or some other settlement and chosen to sell annuity payments so they get one lump sum. With the market the way it is now, I would love to have something like that in my hands.
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