[AvengerRam]

If I was a first round pick who didn't pan out there is no way I'd cash my signing bonus check.





I mean... who walks around with millions of dollars in cash? That's just silly. I'd deposit it into a money market account with a reasonable interest rate, then move some of the money into an IRA invested primarily in index funds. I'd probably take a portion and donate it to some charitable organization, resulting in tax benefits. I'd also diversify my holdings by making some speculative purchases of real estate and commodities, and might even take a small percentage and toy around with some short term stock investments.

All of which I'd do without the slightest pang of guilt.