LONDON: Heather Mills squanders her divorce settlement

Reports are coming through the wires that British former model and ex wife of Sir Paul McCartney, Heather Mills, has spent nearly 50% of her $50 million divorce settlement. Can that be true? Heather would be pretty brainless to blow through that money so quickly. It’ s not as if she will be able to go back to Paul for more money or for an upward modification of the settlement.¬† She ought to invest her money in securities of some sort. She evidently has bought six properties and real estate is always a safe investment. So if she did buy properties that is a good thing. Still, lavish overspending on vacations and beauticians and designer clothes is unwise. Money doesn’t grow on trees and it’s not as if she is working to bring in more money. If she keeps this up she could find herself penniless before her 60th birthday. Slow down Heather. Give your money a bit more respect.