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Old 01-29-2009, 04:06 AM   #1
sexandcash
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$1 million dollars



I want to know:
If you found out today that your great aunt marge left you $1 million in her will, what would you do with it? (notice I did not say some absolutely exorbitant amount)


I will start
1) pay off my college loans
2)put a downpayment on a condo
3)use some money to do research for a fiction book I want to write

But I am boring...what would you do with $1 million (c'mon, have fun-none of this "$1 million is not what is once was-back in the old days")
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Old 01-29-2009, 04:07 AM   #2
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I'd blow it on coke & whores
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Old 01-29-2009, 04:08 AM   #3
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A Woldwide tour for sure
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Old 01-29-2009, 04:14 AM   #4
marko13
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that amount of money i need now in this moment for investing in 4 kind of business...

2 are connected with food business
1 is connected with mine fathers biz (textile)
1 is connected with making one online kingdom... (making 1000 sites that wil bring 1$ per day)

and buy one car , small 150 square metres apartment surronded with glass walls... and go to taj mahal in india...
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Old 01-29-2009, 04:22 AM   #5
bobby666
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i would leave this board
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Old 01-29-2009, 04:29 AM   #6
After Shock Media
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Be super silly to some I guess.
I would leverage it pretty strong and use it as my required 20% down payment budget for real estate. I would then pillage my local areas real estate grabbing up all of the 100-150k houses available right now (they were about 2-3 times that before).

Figure 20-30k each, 25k average. 30 = 750k spent.
30 houses and average rents here (after the depression) for such houses 1000.00
30x1,000 = 30,000 a month x10 months = 300,000 a year (assumes 2 months vacancies)

Keep that 250k in a high yield set of accounts.
Use the rental income coming in, as additional down payments. So on average you should be able to take the rental profits and put down another 20% down payment on another such property. That brings you up to 31k a month, then 32, 33, 34, 35, 36, 37, 38, 39, 40. Which should allow for yet an additional bonus house making it 11 in 10 new ones in 10 months.
Hitting second year, you focus in on the 20-60k houses that rent for about 700.00 here. The numbers could then get mind blowing.

Yes you would have repair issues, income tax, property taxes, that sort of thing but in my drugged mind it works. Plus pretty damn sure I could make it work, though knowing myself I would start with the cheap shit first.
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Old 01-29-2009, 04:32 AM   #7
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Put a downpayment on a condo? Sounds like an expensive area.
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Old 01-29-2009, 04:36 AM   #8
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i would go on shopping and i wouldn`t return with cash :D
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Old 01-29-2009, 04:36 AM   #9
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With a million dollars I would buy a few acres and build a nice house.

After that, I dont know.........I'm a stingy little bastard.
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Old 01-29-2009, 04:49 AM   #10
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PRACTICAL STUFF:

Get my grill fixed and get pegs instead of dentures lol
hmmm, pay off all my childhood debts
buy this house I'm renting
get a bank of machines for rendering (I still plan on working lol)
buy about $100,000 worth of gold
invest about $200,000 in various projects
build on to the house here / remodel some areas of the house

TOYS:
Hot tub / Sauna / Workout room
Home Theater in bacement
Couple of 4 wheelers / snowmobiles / golf carts
Finish gameroom Pool tables, Air Hockey, Hoop game, Ping Pong Table,
Few pinball / arcade games

MISC STUFF:

New wardrobes for me, fiancee, daughter
toys, games, etc

TRAVEL:

Paris
Germany
Ireland
Disney Land / Universal Studios
FIND A Laser Tag / Leaps And Bounds / Chucky Cheese (Kid's never been lol)

I think that's about it.

-Loki-
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Old 01-29-2009, 04:49 AM   #11
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I will buy a nice house with lots of whores in it!
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Old 01-29-2009, 05:37 AM   #12
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house, car, lot's of fun stuff, big TV, pool, sport car...
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Old 01-29-2009, 05:38 AM   #13
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Travel
Gadgets
Invest more on adult sites
Resto business

lol, i guess $1million is not enough
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Old 01-29-2009, 05:39 AM   #14
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Huge house, cars and trips!
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Old 01-29-2009, 05:41 AM   #15
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Buy a house, put rest in high savings account.
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Old 01-29-2009, 05:54 AM   #16
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Sam you look exactly like one of my ex's (we ended on a good note)
You're cute...I just wanted to tell you that
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Old 01-29-2009, 05:56 AM   #17
Porn Producer
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sigwhore on GFY in an oversied pink font
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Old 01-29-2009, 10:05 AM   #18
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I would start a restaurant 60's style just for me and my friends
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Old 01-29-2009, 10:24 AM   #19
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I would buy a house, rest in savings account.
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Old 01-29-2009, 10:26 AM   #20
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I would go to Vegas and piss it away in a weekend.

aunt marge would have wanted it that way
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Old 01-29-2009, 11:42 AM   #21
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buy some land and build a house in Costa Rica
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Old 01-29-2009, 12:44 PM   #22
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been there, done that.
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Old 01-29-2009, 12:55 PM   #23
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(making 1000 sites that wil bring 1$ per day)
Like this one

Plus every mouth i will burn one week for traveling around the globe
Will make a parties one per month here

Last edited by bufferover; 01-29-2009 at 12:58 PM..
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Old 01-29-2009, 12:55 PM   #24
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I would start a restaurant 60's style just for me and my friends
yet, the coolest idea
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Old 01-29-2009, 01:09 PM   #25
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I only have $9000 in debt so I'd have plenty of $ to use wisely.
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Old 01-29-2009, 01:14 PM   #26
AlienQ - BANNED FOR LIFE
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Fund Terrorists.
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Old 01-29-2009, 01:15 PM   #27
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I'd blow it on coke & whores
pretty much says it all. Then next month, I would have to do something different.
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Old 01-29-2009, 01:31 PM   #28
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truthfully i would give a portion to a charity, (not a lot but some) like $20K
i think education is a big issue in this country.

then of course take trips around the world.....

Party and enjoy life!!!!
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Old 01-29-2009, 01:33 PM   #29
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yezzir!!!!!!
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Old 01-29-2009, 01:33 PM   #30
who
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I'd buy a hundred euro
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Old 01-29-2009, 01:34 PM   #31
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Fund Terrorists.
our government does that already
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Old 01-29-2009, 02:19 PM   #32
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Be super silly to some I guess.
I would leverage it pretty strong and use it as my required 20% down payment budget for real estate. I would then pillage my local areas real estate grabbing up all of the 100-150k houses available right now (they were about 2-3 times that before).

Figure 20-30k each, 25k average. 30 = 750k spent.
30 houses and average rents here (after the depression) for such houses 1000.00
30x1,000 = 30,000 a month x10 months = 300,000 a year (assumes 2 months vacancies)

Keep that 250k in a high yield set of accounts.
Use the rental income coming in, as additional down payments. So on average you should be able to take the rental profits and put down another 20% down payment on another such property. That brings you up to 31k a month, then 32, 33, 34, 35, 36, 37, 38, 39, 40. Which should allow for yet an additional bonus house making it 11 in 10 new ones in 10 months.
Hitting second year, you focus in on the 20-60k houses that rent for about 700.00 here. The numbers could then get mind blowing.

Yes you would have repair issues, income tax, property taxes, that sort of thing but in my drugged mind it works. Plus pretty damn sure I could make it work, though knowing myself I would start with the cheap shit first.
That is what I would do as well, and my numbers sort of match yours so assuming there isn't any huge disaster (insurance problems, lawsuits, etc) we should be in good shape
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Old 01-31-2009, 12:42 AM   #33
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I'd buy a hundred euro
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Old 01-31-2009, 12:59 AM   #34
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Originally Posted by After Shock Media View Post
Be super silly to some I guess.
I would leverage it pretty strong and use it as my required 20% down payment budget for real estate. I would then pillage my local areas real estate grabbing up all of the 100-150k houses available right now (they were about 2-3 times that before).

Figure 20-30k each, 25k average. 30 = 750k spent.
30 houses and average rents here (after the depression) for such houses 1000.00
30x1,000 = 30,000 a month x10 months = 300,000 a year (assumes 2 months vacancies)

Keep that 250k in a high yield set of accounts.
Use the rental income coming in, as additional down payments. So on average you should be able to take the rental profits and put down another 20% down payment on another such property. That brings you up to 31k a month, then 32, 33, 34, 35, 36, 37, 38, 39, 40. Which should allow for yet an additional bonus house making it 11 in 10 new ones in 10 months.
Hitting second year, you focus in on the 20-60k houses that rent for about 700.00 here. The numbers could then get mind blowing.

Yes you would have repair issues, income tax, property taxes, that sort of thing but in my drugged mind it works. Plus pretty damn sure I could make it work, though knowing myself I would start with the cheap shit first.
exactly what i was thinking
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Old 01-31-2009, 01:19 AM   #35
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I'd do a house on the hill in Austin with an assload of windows... ( I may do that in 3-4 years anyways, lol)
BMW 6 and a Vette both in black...
And start a non profit shih tzu rescue to be a tax shelter ;)

Oh and I'd also buy like a few more boxes from phatservers... ;) and have like a ginormous network of mainstream sites... all circle jerking one another in a happy family.
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Old 01-31-2009, 01:25 AM   #36
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I would be freaked out to have an aunt Marge.
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Old 01-31-2009, 06:10 AM   #37
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Buy a Ferrari.
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Old 01-31-2009, 06:20 AM   #38
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In some still nice parts of the world 1 million dollar would be enough to live like a King the rest of your existence..... I would be moving there and joust enjoy
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Old 01-31-2009, 06:23 AM   #39
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Two girls at once.
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Old 01-31-2009, 11:41 AM   #40
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1. will go in Cuba and by apartment
2. 500 000 put in 5 different banks and
3. post on gfy and write adult blogs from some beach
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Old 01-31-2009, 12:44 PM   #41
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all on whores
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Old 01-31-2009, 12:53 PM   #42
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buy fukeddtube.net from xpays for 950k
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Old 01-31-2009, 01:03 PM   #43
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Two girls at once.
You don't need a million for that
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Old 01-31-2009, 01:07 PM   #44
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i would save it and re-invest into building a solid base for the rest of my life
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Old 01-31-2009, 01:09 PM   #45
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cheap whores and expensive booze

or

cheap booze and expensive whores



tough decision...
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Old 01-31-2009, 04:18 PM   #46
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Well i'd keep it away from the federal reserve!
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Old 01-31-2009, 05:36 PM   #47
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If it was $1 million after taxes, then I would do the following.

$200,000 down payment on $1 million house (20% down).

$500,000 in CD accounts collecting monthly interested deposited into my checking account to pay for mortgage.

$210,000 to purchase 1000 sites that make $1 day each. Each site will make around $30 month. Figure I would pay 6-7 months of revenue, so I would purchase each site for around $180-$200. $200 X 1000 = $200,000 plus domain transfer fees. 1000 X $30 month = $30,000 month. $30,000 month X 12 = $360,000. After 1 year, I would get my initial investment back plus $150,000 in profits.

$40,000 pay off college loans, credit cards, etc.

$50,000 either purchase nice car and toys or travel while managing my sites through a laptop.

If it is $1 million before taxes then I would do everything but 50%.
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Old 01-31-2009, 05:40 PM   #48
Ozarkz
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Not much.. Maybe buy a sports car...
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Old 01-31-2009, 05:43 PM   #49
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5 year high interest deposit.
I didn't have it before, so I won't miss it if it's off somewhere else earning interest.
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Old 01-31-2009, 05:48 PM   #50
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