Announcement

Collapse
No announcement yet.

Blowing through $113 million in 4 years

Collapse
X
Collapse
 
  • Page of 4
  • Filter
  • Time
  • Show
Clear All
new posts
Previous 1 2 3 4 template Next
  • #31
    From the thread title, I expected this to be about the gummint... and I was going to congratulate them on their relative thrift.

    For an individual, however... one really has to work at it to spend all that money in such a short time.

    Wasn't there a movie about that?

    -Arrian
    grog want tank...Grog Want Tank... GROG WANT TANK!

    The trick isn't to break some eggs to make an omelette, it's convincing the eggs to break themselves in order to aspire to omelettehood.

    Comment

    • #32
      I would buy a nice house, furnish it well, then invest at least 50% of it. Just to be on the safe side in order to avoid temptation and blowing it all I don't think I'd get it as a lump sum. True wisely investing it can net more but 90% of the winners can't seem to do that.
      Try http://wordforge.net/index.php for discussion and debate.

      Comment

      • #33
        70%+ to Charity.

        Not sure if I would lump sum it or not. If I did, I might invest and have the investment go to charity.

        JM
        (or move up the pirate option)
        Jon Miller-
        I AM.CANADIAN
        GENERATION 35: The first time you see this, copy it into your sig on any forum and add 1 to the generation. Social experiment.

        Comment

        • #34
          70%+ to Charity.
          Give me a call if you win the lottery. I know a really good charity that will be glad to take the 70%.

          Or in other words, I think you're a sucker.
          "Beware of he who would deny you access to information, for in his heart he dreams himself your master" - Commissioner Pravin Lal.

          Comment

          • #35
            As for what I'd do if I won the lottery (say powerball... $240 million, drool)...

            1) Give my best friend his agreed-upon 5% cut. This dates back to elementary school and is sacred, even though it's silly.

            2) Build dream home in dream location. Two, actually. One here in the US, one in New Zealand.

            3) Set aside a large sum to invest/live off of.

            4) Figure out how to invest it.

            5) Give lots of money to family (mostly help pay for various relative's college tuition and stuff like that). Maybe build retirement home for my parents, if they want one. Some to friends as well, in the same sort of way.

            6) Target several charities and donate large sums up front, and then a certain % per annum from my investment proceeds.

            7) Travel. Slowly. No need to rush.

            -Arrian
            grog want tank...Grog Want Tank... GROG WANT TANK!

            The trick isn't to break some eggs to make an omelette, it's convincing the eggs to break themselves in order to aspire to omelettehood.

            Comment

            • #36
              Originally posted by Arrian
              2) Build dream home in dream location. Two, actually. One here in the US, one in New Zealand.
              Do you have an unhealthy interest in sheep?
              I make no bones about my moral support for [terrorist] organizations. - chegitz guevara
              For those who aspire to live in a high cost, high tax, big government place, our nation and the world offers plenty of options. Vermont, Canada and Venezuela all offer you the opportunity to live in the socialist, big government paradise you long for. –Senator Rubio

              Comment

              • #37
                Originally posted by Eli


                Give me a call if you win the lottery. I know a really good charity that will be glad to take the 70%.

                Or in other words, I think you're a sucker.
                I don't really have a need for that much money (no one does..).

                Others do need money. I give some charity when I make 20k. While I would like a bit more money, I definitely don't need 8m a year. So why not give it to someone who needs it?

                JM
                Jon Miller-
                I AM.CANADIAN
                GENERATION 35: The first time you see this, copy it into your sig on any forum and add 1 to the generation. Social experiment.

                Comment

                • #38
                  Do you have an unhealthy interest in sheep?
                  That's between me and Sindee the love ewe.

                  Ahem.

                  Actually, it's just a really cool place and I'd love to spend several months per year there.

                  -Arrian
                  grog want tank...Grog Want Tank... GROG WANT TANK!

                  The trick isn't to break some eggs to make an omelette, it's convincing the eggs to break themselves in order to aspire to omelettehood.

                  Comment

                  • #39
                    If it was all a lump sum then 50% right off the top goes into investments where I never touch the principle. The rest goes to my dream house, 2 cars (nothing super fancy just an M3 and a Elise), furnishings for my house, and an around the world trip for a year. Since there would likely be several million still in the pot unallocated I would like to buy several investment properties then run my own property management business. As for as anyone would know I'd be a moderately successful investor and not much else.
                    Try http://wordforge.net/index.php for discussion and debate.

                    Comment

                    • #40
                      Originally posted by Rufus T. Firefly


                      It's the difference between having a lovely home, nice things, and a great inheritance to leave the kids

                      versus

                      3 solid years of grade-A "escorts" and top-shelf tequila, 24/7.

                      Each man must choose...
                      While I see the merits of that plan, I would still suggest 2.5 years of living HUGE, and that last sixth being devoted to living comfortably for the rest of your life.
                      "The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists."
                      -Joan Robinson

                      Comment

                      • #41
                        I think that is what people try to do. They just misestimate when to end.

                        JM
                        Jon Miller-
                        I AM.CANADIAN
                        GENERATION 35: The first time you see this, copy it into your sig on any forum and add 1 to the generation. Social experiment.

                        Comment

                        • #42
                          By some rather crude calculations I figured that in Manchester you could with $113 million easily have a constant blowjob for at least 60 years

                          Comment

                          • #43
                            Constant blowjob for 60 years? Damn, all that wet siliva on a **** for that long must result in trench **** or something.
                            Try http://wordforge.net/index.php for discussion and debate.

                            Comment

                            • #44
                              Originally posted by Rufus T. Firefly
                              There's actually a great book to be written about the fate of lottery winners; i'm just too damned busy.
                              So...buy a lottery ticket...win...quit your job...use your free time to write the book.

                              Comment

                              • #45
                                I would want the money up front.

                                That way, at least I would be able to enjoy the entire amount and not die before I see the last payment. I would first hire a bodyguard

                                1. Pay off all my debts/parents debts/siblings debts
                                2. invest 50%
                                3. Buy a nice house and a new car, and keep a goodly amount liquid for fun.
                                4. Charity donations to my universities (probably targeting 33% after taxes)

                                Comment

                                Previous 1 2 3 4 template Next
                                Working...
                                X