$1m - what do you do with it ?
#31
Re: $1m - what do you do with it ?
I would set up a retirement home for BE members,who would be whipped regulary by SC and Kelli
#34
Joined: Oct 2007
Posts: 9,668
Re: $1m - what do you do with it ?
My idea has morphed to where it is now.
When I launch, I'll let you know. :-)
#35
Lost in BE Cyberspace
Joined: Oct 2005
Location: Hill overlooking the SE Melbourne suburbs
Posts: 16,622
Re: $1m - what do you do with it ?
Simple.
Upgrade to 30 acres (not much of a cost upgrade infact if we moved slightly away) or so with a small town house in the inner East. 3 bedrooms maybe which we could extend or add an office.
Kids in school. New motor. Kluger for the Missus...old Lotus Esprit for me.
New ironing board cover.
Upgrade to 30 acres (not much of a cost upgrade infact if we moved slightly away) or so with a small town house in the inner East. 3 bedrooms maybe which we could extend or add an office.
Kids in school. New motor. Kluger for the Missus...old Lotus Esprit for me.
New ironing board cover.
#36
221b Baker Street
Joined: Jun 2010
Location: Miles from anywhere, Victoria, Australia.
Posts: 14,125
Re: $1m - what do you do with it ?
New ironing board cover.
#37
Re: $1m - what do you do with it ?
I'd spend a good chunk of it on fast women, drink and cars
I'd probably just blow the rest
I'd probably just blow the rest
#38
Re: $1m - what do you do with it ?
My mate at work just won $2 mill on the lotto. I've just done night work with him so we really got to do the whole 'what would you do with it' conversation but for real....
(he's 45 yrs old and is spending $1 mill and investing $1 mill, giving up work but will do something else for pocket money, paying off his house and buying a boat, putting some in a trust fund for his kids when they get to 30 yrs).
He might have won $2 mill but I won a free Crunchie bar yesterday, so there.
(he's 45 yrs old and is spending $1 mill and investing $1 mill, giving up work but will do something else for pocket money, paying off his house and buying a boat, putting some in a trust fund for his kids when they get to 30 yrs).
He might have won $2 mill but I won a free Crunchie bar yesterday, so there.
#39
Lost in BE Cyberspace
Joined: Oct 2005
Location: Hill overlooking the SE Melbourne suburbs
Posts: 16,622
#40
Re: $1m - what do you do with it ?
It might not be enough for a guy with a tribe of young kids to feed & clothe & educate, it's more than enough for Deb & I to live very comfortably on. Our kids have left home & both are working. We could downsize from a 4 bed home to a 2 bed & easily live on the 60K interest with no mortgage to pay.
#41
Re: $1m - what do you do with it ?
Not sure what I would do with a Million bucks. I think it would mean that one or both of us could switch to Part time.... cant see how one of us could leave work and the other stay at work though.... how do you decide that, a flick of the coin ?
Got it.... The wife trys her Art Therapy skills as a private operator, and I switch to Part time.... Could also possibly bring proper financed up retirement forward by about 5 years or so. Not much point in leaving work, whilst you've got kids at school.
BTW do they have independent Art Therapists in the UK... I know they do in the US.
Last edited by ozzieeagle; Jul 25th 2010 at 11:19 am.
#42
BE Forum Addict
Joined: Jul 2007
Location: Brisbane
Posts: 2,949
Re: $1m - what do you do with it ?
If you get the cover with the half naked men, I'll do your ironing for you!
George Best?
Wow, must be a very surreal feeling to win $2 million, sounds like he's got it all figured out.
Congrats on the crunchie!
For me I'd buy a house, nothing excessive or overly flash, something for about $500/600 grand, have no mortgage and then with the rest, I'd save some and then just spend the remainder of some great holidays with my family.
My mate at work just won $2 mill on the lotto. I've just done night work with him so we really got to do the whole 'what would you do with it' conversation but for real....
(he's 45 yrs old and is spending $1 mill and investing $1 mill, giving up work but will do something else for pocket money, paying off his house and buying a boat, putting some in a trust fund for his kids when they get to 30 yrs).
He might have won $2 mill but I won a free Crunchie bar yesterday, so there.
(he's 45 yrs old and is spending $1 mill and investing $1 mill, giving up work but will do something else for pocket money, paying off his house and buying a boat, putting some in a trust fund for his kids when they get to 30 yrs).
He might have won $2 mill but I won a free Crunchie bar yesterday, so there.
Congrats on the crunchie!
For me I'd buy a house, nothing excessive or overly flash, something for about $500/600 grand, have no mortgage and then with the rest, I'd save some and then just spend the remainder of some great holidays with my family.