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What if money wasn't a problem?

What if money wasn't a problem?

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Old Jun 6th 2008, 4:32 am
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Default What if money wasn't a problem?

Hello all.

I've done some searching in these forums, in particular about 'how much' is needed, but I am now wondering (humour me here, please)...

What if you had AUD$2 to $3 million (e.g. if the damn house sells in time, or a distant relative of yours who was related to royalty suddenly died and left you a substantial amount in his will) in assets/cash at your disposal?

How would you then plan your arrival to Australia differently? Would you rent still, or would you buy? Would you put that money in an off-shore account, or would you put in into an Australian-based financial institution?

I'd love to hear your thoughts on this (admittedly fantasy) scenario - maybe if I made a killing on the lotto within the next 2 - 3 years, I can actually start implementing some of your ideas!
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Old Jun 6th 2008, 4:36 am
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Default Re: What if money wasn't a problem?

Fantasy

G
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Old Jun 6th 2008, 4:39 am
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Smile Re: What if money wasn't a problem?

Originally Posted by xizzles
What if you had AUD$2 to $3 million (e.g. if the damn house sells in time,
You have an expensive house!

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Old Jun 6th 2008, 4:57 am
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Default Re: What if money wasn't a problem?

Originally Posted by xizzles
Hello all.

I've done some searching in these forums, in particular about 'how much' is needed, but I am now wondering (humour me here, please)...

What if you had AUD$2 to $3 million (e.g. if the damn house sells in time, or a distant relative of yours who was related to royalty suddenly died and left you a substantial amount in his will) in assets/cash at your disposal?

How would you then plan your arrival to Australia differently? Would you rent still, or would you buy? Would you put that money in an off-shore account, or would you put in into an Australian-based financial institution?

I'd love to hear your thoughts on this (admittedly fantasy) scenario - maybe if I made a killing on the lotto within the next 2 - 3 years, I can actually start implementing some of your ideas!
We sometimes talk about what we would do if we won the lotto - the outcome is generally not that much different. We might get a slightly bigger house maybe a bit closer to the sea / city, upgrade cars, get a newer boat, maybe even a jetski and a few other toys. But the main thing is I would use the interest to supplement my income so I could work 4 days a week and have the extra long weekend for diving, wakeboarding, camping...
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Old Jun 6th 2008, 5:07 am
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Default Re: What if money wasn't a problem?

A lot of the houses round here sell for $2-3 million.

G

Last edited by Grayling; Jun 6th 2008 at 5:58 am.
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Old Jun 6th 2008, 5:53 am
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Default Re: What if money wasn't a problem?

Well.....Id probably be living in Sydney in a plush apartment in new shoes.... rather than in my uggs in Adelaide!!

Id be able to travel, I dsend tickets to my nephews to come over.....
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Old Jun 6th 2008, 6:02 am
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Default Re: What if money wasn't a problem?

Originally Posted by worzel
We sometimes talk about what we would do if we won the lotto - the outcome is generally not that much different. We might get a slightly bigger house maybe a bit closer to the sea / city, upgrade cars, get a newer boat, maybe even a jetski and a few other toys. But the main thing is I would use the interest to supplement my income so I could work 4 days a week and have the extra long weekend for diving, wakeboarding, camping...
We'd more than likely do very similar to you
Live very much as we do now but upgrade everything.
We're living the dream as it is though
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Old Jun 6th 2008, 6:07 am
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Default Re: What if money wasn't a problem?

Originally Posted by pompeyblonde
Well.....Id probably be living in Sydney in a plush apartment in new shoes.... rather than in my uggs in Adelaide!!

Id be able to travel, I dsend tickets to my nephews to come over.....
Heh... I was actually looking to plonk myself in Adelaide (or Seaford, more specifically). What's wrong with Adelaide anyway? Sydney's probably too 'big city' for my liking.

But, like Worzel said, if I did land the big one (lotto, that is), I'd probably live the same life I'm living now - and use the extra interest generated to supplement my income so I can get away with working only 4 days a week - I'm not particularly very exciting now, am I?
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Old Jun 6th 2008, 6:13 am
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Default Re: What if money wasn't a problem?

Originally Posted by xizzles
Hello all.

I've done some searching in these forums, in particular about 'how much' is needed, but I am now wondering (humour me here, please)...

What if you had AUD$2 to $3 million (e.g. if the damn house sells in time, or a distant relative of yours who was related to royalty suddenly died and left you a substantial amount in his will) in assets/cash at your disposal?

How would you then plan your arrival to Australia differently? Would you rent still, or would you buy? Would you put that money in an off-shore account, or would you put in into an Australian-based financial institution?

I'd love to hear your thoughts on this (admittedly fantasy) scenario - maybe if I made a killing on the lotto within the next 2 - 3 years, I can actually start implementing some of your ideas!
On top of a mountain in my gold-plated castle.
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Old Jun 6th 2008, 6:22 am
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Default Re: What if money wasn't a problem?

Originally Posted by spartacus
On top of a mountain in my gold-plated castle.
Haha... very funny, but with the price of gold today, you'd probably have to settle for just the roofing being made of gold

In all honesty, $2 - $3 million today isn't what it used to be back in my daddy's time.
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Old Jun 6th 2008, 7:05 am
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Default Re: What if money wasn't a problem?

Originally Posted by nightnurse2
We'd more than likely do very similar to you
Live very much as we do now but upgrade everything.
We're living the dream as it is though
The mind boggles trying to imagine the speed of a jetski / boat that Liam would be after
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Old Jun 6th 2008, 7:34 am
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Default Re: What if money wasn't a problem?

Originally Posted by worzel
We sometimes talk about what we would do if we won the lotto - the outcome is generally not that much different. We might get a slightly bigger house maybe a bit closer to the sea / city, upgrade cars, get a newer boat, maybe even a jetski and a few other toys. But the main thing is I would use the interest to supplement my income so I could work 4 days a week and have the extra long weekend for diving, wakeboarding, camping...
at least make it a 3 day a week
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Old Jun 6th 2008, 7:57 am
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Default Re: What if money wasn't a problem?

Originally Posted by xizzles
Hello all.

I've done some searching in these forums, in particular about 'how much' is needed, but I am now wondering (humour me here, please)...

What if you had AUD$2 to $3 million (e.g. if the damn house sells in time, or a distant relative of yours who was related to royalty suddenly died and left you a substantial amount in his will) in assets/cash at your disposal?

How would you then plan your arrival to Australia differently? Would you rent still, or would you buy? Would you put that money in an off-shore account, or would you put in into an Australian-based financial institution?

I'd love to hear your thoughts on this (admittedly fantasy) scenario - maybe if I made a killing on the lotto within the next 2 - 3 years, I can actually start implementing some of your ideas!
Fantasy? Hmmmmm..... Methinks that perhaps you is minted aiiieeee!!! and you is too shy to 'fess up!

I would put the lot in an offshore account - buy a big k'off motorhome and 'DO' Oz in style!!

Innit!!
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Old Jun 6th 2008, 10:51 am
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Default Re: What if money wasn't a problem?

I'd tell the old man to get f***ed before I told him I had the money then do some of the things I never had a chance to do.
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Old Jun 6th 2008, 10:52 am
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Smile Re: What if money wasn't a problem?

Originally Posted by FluffyTheCampfireSlayer
buy a big k'off motorhome and 'DO' Oz in style!!

Innit!!
Didn't you do that on your reccie?

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