Monitoring and Rebalancing: Schweser Quiz

Question 8: …“With no hobbies, few expenses, and no real cares in the world, Millie buys a $1 lottery ticket each week and has just won $1,000,000…Millie states that she has no real need for the money…so she plans to ‘travel until they plant me in the ground’…She’s not sure whether [to provide her half sister’s grandchildren with college funds] but states, ‘they can have what’s left when I die’” Seriously? Who writes this stuff, amazing.

Not all rich people are sophasticated. The people who won lottery are mostly trash (atleast in US) and I would expect these comments to their financial advisors. Schweser tried to be funny here