What would you do if you won Twenty Million $$$?

[johnapril]

Originally Posted by imageWIS

Who said I would stop working? From where did you get this assumption? I am only saying that spending that much on a house based (6 million) only on 20 million is a bit excessive; financially...half that amount would be more prudent, but hey to each his own.

Jon.

Not when it's FREE money.

 

[Vintage Gent]

Originally Posted by CTGuy

Two chicks at the same time.
The kind of chicks who would double up on a dude like you?

 

[visionology]

If I won $20 million assuming that was after taxes:

$16million: Invest
$600,000 first home
$200,000 furnish home
$200,000 two new cars
$100,000 new wardrobe
$400,000 vacation condo
$500,000 buy parents a vacation home
$1mil: help out relatives & a couple close friends(more money later after dividends)
$1mil: charity

Theres probably a lot of details im leaving out but thats rough estimate

 

[Pennglock]

I cant say I would really change my lifestyle much. A few little things that amount to about a million:

1- Burn my entire wardrobe and start from scratch so I could achieve a more consistent look.
2- Get a slightly better apartment.
3- Stay in 5-star kind of places when I vacation.
4- Always have plenty of the best booze on hand.
5- Fill up my library
6- Add to my gun collection



So my $19 million gets invested and should turn into $200 million in 30 years. Then my posterity can start building some real wealth and will be able to throw some weight around.

Forget "conservative" investments. The only smart place to be in the long-term is equities. Govt bonds are just as risky in the long term, if not more so- they're just a directional bet on inflation. 90-95% is going to stocks.

 

[CTGuy]

Originally Posted by Vintage Gent

The kind of chicks who would double up on a dude like you?

Peter Gibbons: What would you do if you had a million dollars?
Lawrence: I'll tell you what I'd do, man, two chicks at the same time, man.
Peter Gibbons: That's it? If you had a million dollars, you'd do two chicks at the same time?
Lawrence: Damn straight. I always wanted to do that, man. And I think if I had a million dollars I could hook that up, cause chicks dig a dude with money.
Peter Gibbons: Well, not all chicks.
Lawrence: Well the kind of chicks that'd double up on a dude like me do.
Peter Gibbons: Good point.
Lawrence: Well what about you now? what would you do?
Peter Gibbons: Besides two chicks at the same time?
Lawrence: Well yeah.
Peter Gibbons: Nothing.
Lawrence: Nothing, huh?
Peter Gibbons: I'd relax, I would sit on ****** all day, I would do nothing.
Lawrence: Well you don't need a million dollars to do nothing, man. Just take a look at my cousin, he's broke, don't do ****.

 

[globetrotter]

Originally Posted by johnapril

Never stop being a student. Never stop working. These are not mutually exclusive.


hey johnny, every now and again you stop kidding around, and its nice

 

[Rome]

Agreed with the two chicks at the same time thing, I want the kind of chicks Charley Sheen buys not the kind Emilio Esteves buys.

I would surround myself with people smarter than me and find lucrative ways to flip the money. Ultimately leaving something substantial behind for future generations of my family.

Ooh yeah, then I would buy this place and fire all of you!!

 

[keal]

20 million....

I'd finance a movie called "A Funny Thing Happened On The Way To The Style Forum"

 

[rdawson808]

I hate to say it, but I love dreaming about **** like this. Especially after we've been looking at property prices.

20m after taxes (why not dream all the way) gets me:

Housing (4m max):
Place in NYC (for vacation, rent it out as a vaction-rental for income).
Place wherever we're living.
Debt:
Paying off family's mortgages, my students loans, etc.
Pay off mortgages for a couple of closest friends as well.
Work:
Get a job teaching at some community college (full time I think).
Philanthropy:
Endow a chaird professorship at my alma mater.
Endow a scholarship at same.
Invest the rest (what is that...15m or so) and pretty much live off the interest (pay condo fees, bills, etc.). Plus I have that income from my job and from the rental property.

Sigh, we can all dream...

bob

 

[acidboy]

if i get lucky to have that kind of money fall on my lap i swear on the shrine of st. crispin i will buy every member here a pair of lobbs.

 

[tommib]

Open a menswear shop and employ people from style forum to make it one of the best damned shops in the world.

Do they really tax you on lottery winnings? I don't think that happens in the UK. Still 5 million really is an amazing life changing amount.

I think I'd drive an Aston Martin, wear exceptionally cool clothes, have a personal shaolin monk kung fu instructor, and buy a house like the one in Batman Begins (I'd probably need more than 20 million for that though).

 

[johnapril]

Originally Posted by tommib

Open a menswear shop and employ people from style forum to make it one of the best damned shops in the world.

Do they really tax you on lottery winnings? I don't think that happens in the UK. Still 5 million really is an amazing life changing amount.

I think I'd drive an Aston Martin, wear exceptionally cool clothes, have a personal shaolin monk kung fu instructor, and buy a house like the one in Batman Begins (I'd probably need more than 20 million for that though).

You can get a Batman-sized house in Indianapolis along Meridian Street for under 2 million. But then you're fighting crime in Naptown.

 

[imageWIS]

Originally Posted by johnapril

You can get a Batman-sized house in Indianapolis along Meridian Street for under 2 million. But then you're fighting crime in Naptown.

LOL.

Luckily, you can buy you're own Batmobile for just over a million:

Jon.

 

[johnapril]

The potholes in Indianapolis would tame that pos in a couple miles.

 

[imageWIS]

Originally Posted by johnapril

The potholes in Indianapolis would tame that pos in a couple miles.

You can call it many things, but POS is not one of them. Its not the car's fault most American roads suck.

Jon.