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Started By
Message
If you owned absolutely nothing and we’re given $1.1 mil cash
Posted on 2/2/20 at 9:58 am
Posted on 2/2/20 at 9:58 am
What would you do with it?
(Question is really $1.0 mil, but allocating $100k to the obligatory hookers and blow)
(Question is really $1.0 mil, but allocating $100k to the obligatory hookers and blow)
Posted on 2/2/20 at 9:59 am to PenguinNinja
I’d call my dealer first thing
Posted on 2/2/20 at 10:01 am to PenguinNinja
quote:
and we’re given
Grammar lessons?
Posted on 2/2/20 at 10:02 am to PenguinNinja
I'd spend a third of it on booze and drugs, a third of it on strippers and loose women and the last third I'd just waste...
Posted on 2/2/20 at 10:03 am to PenguinNinja
Buy a modest house and invest the rest. Retire early.
Posted on 2/2/20 at 10:03 am to PenguinNinja
Buy lunch. I’m likely hungry being that I was a homeless vagabond right up to this point
Posted on 2/2/20 at 10:03 am to PenguinNinja
Get a really cheap cabin on the lake and invest the rest. I'm trying to go straight into retirement and live a simple, easy life. I dont need to ball out.
Posted on 2/2/20 at 10:04 am to PenguinNinja
I would simply invest it and keep working for a bit.
Posted on 2/2/20 at 10:05 am to PenguinNinja
Bet it on heads tonight
Posted on 2/2/20 at 10:06 am to PenguinNinja
Taxes or not? If taxed, you have about $775k
House - 400k
Car - 35k
Truck - 35k
200k invested
80k savings
25k checking account
House - 400k
Car - 35k
Truck - 35k
200k invested
80k savings
25k checking account
This post was edited on 2/2/20 at 10:09 am
Posted on 2/2/20 at 10:06 am to PenguinNinja
quote:
Message
If you owned absolutely nothing and we’re given $1.1 mil cash
Split it?
Posted on 2/2/20 at 10:07 am to PenguinNinja
Buy as much property as Possible, along Beaver Dam Creek, in Limestone County, Alabama. Probably wouldn't get much these days.
Posted on 2/2/20 at 10:07 am to PenguinNinja
Buy a house and car in cash for around 400k, put 25k in checking, 50k in savings, 100k in a mutual fund backed by precious metals, and the remaining 525k I would split between CDs and ETFs. I’d then get a job and start a 401k in which I would throw all of the accumulated interest off of the aforementioned accounts into. I’d retire in my 40s by hopefully expanding my estate substantially and buy some nice land.
This post was edited on 2/2/20 at 10:09 am
Posted on 2/2/20 at 10:08 am to PenguinNinja
quote:
you owned absolutely nothing and we’re given $1.1 mil cash
quote:
What would you do with it?
Buy 2 duplexes to rent out. Buy land with the rest.
Posted on 2/2/20 at 10:09 am to TigerChief10
Quit my job immediately because I hate it. Then start looking full time for something I really want to do. I have ideas, but having $1mil in the bank would help me devote my time to finding it faster.
Posted on 2/2/20 at 10:11 am to PenguinNinja
I have absolutely nothing? Gotta get a modest car, down payment on a modest house and try to start a business. Get a job and some cash flow coming in . Get my shite together
This post was edited on 2/2/20 at 10:13 am
Posted on 2/2/20 at 10:12 am to PenguinNinja
Buy a 4 plex somewhere decent, live in one side, rent the other 3, and buy a car.
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