If you won 20 million dollars what would you spend it on? | |
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| ClearEyed Thinker User ID: 1441884 07/03/2011 05:57 PM Report Abusive Post Report Copyright Violation | A true "White Tower", complete with every sensor that science allows us to build, powered by solar, wind, and geothermal. That tower would contain greenhouses for food production, a water collection/reclamation system, servers housing the accumulated knowledge of man, housing for thousands of people, and an awesome "bridge" on the floor below the roof, for observing the beauty of nature for hundreds of miles in every direction. And WiFi, of course. :) "People ask me to predict the future, when all I want to do is prevent it. Better yet, build it. Predicting the future is much too easy, anyway. You look at the people around you, the street you stand on, the visible air you breathe, and predict more of the same. To hell with more. I want better." ~ Ray Bradbury |
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| Anonymous Coward User ID: 1439552 07/03/2011 06:08 PM Report Abusive Post Report Copyright Violation | 1) IMMEDIATELY pay off ALL my debt 2) Invest wisely a portion; enough I could live on. 3) Help out family and friends 4) Donate to a few favored charities 5) Get the degree I wanted to get in college 6) RELAX. Maybe quit my job. Yeah, I'd quit and live off my investments and some rental properties and what not. |
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| Anonymous Coward User ID: 1453509 07/03/2011 06:16 PM Report Abusive Post Report Copyright Violation | I would buy some land. Build a self sustaining house for my family and myself. Plant a garden and some fruit trees. Raise some farm animals. Save enough for the kids to go to college. The rest of the money would probably be spent on other family members doing the same. |
| sgtbaker User ID: 1451160 07/03/2011 06:18 PM Report Abusive Post Report Copyright Violation | |
| OverTheRainbow User ID: 1430997 07/03/2011 06:20 PM Report Abusive Post Report Copyright Violation | Pay off my debts, buy a house with a garden so my kids can play safely / I can start growing food. Buy a shop to turn into a wool shop / coffee house... Help my partner to set up the Dojo he's always dreamed of running. And have about $19 million left to pass on to someone else :P |
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| ONE WITH THE SUN User ID: 1231376 07/03/2011 06:36 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1408427 07/03/2011 06:36 PM Report Abusive Post Report Copyright Violation | After you pay your taxes you are down to 10 million. $10,000,000 at today's interest rates, in a "safe" investment (to protect your capital) is only going to generate about 2% per year at the moment, or $200,000. Pay your taxes on that and you are down to a spendable yearly cash flow of $120,000/year. $120,000 per year is nothing to sneaze at, but a first year heart surgeon straight out of his residency beats you by about 2x. You should be thinking about a lifestyle based on a spendable amount of about $120,000/year ... but of course with all your houses/cars/etc. bought and paid for. A couple of friends have between "tried" to advise nearly 40 lottery winners (they are ceritified financial planners) and have just about thrown up their hands. MOST of those lottery winners are either broke or near broke within 10 years. (most actually within about 5 from what they tell me) |
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| Anonymous Coward User ID: 1453504 07/03/2011 06:40 PM Report Abusive Post Report Copyright Violation | Zach. Interested in where you heard it. Also an uncommon name, the same as one of my grandchildren. There are NO coincidences. Tonight in one hour there is a lottery for 20 million pesos, one peso used to equal one dollar. We shall see what happens!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Bless you |
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