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Started By
Message
re: If you owned absolutely nothing and we’re given $1.1 mil cash
Posted on 2/2/20 at 12:00 pm to PenguinNinja
Posted on 2/2/20 at 12:00 pm to PenguinNinja
quote:
What would you do with it?
If I had a million dollars
Well I'd buy you a house
And if I had a million dollars
I'd buy you furniture for your house (maybe a nice chesterfield or an ottoman)
And if I had a million dollars
I'd buy you a k-car (a nice reliant automobile)
0
Posted on 2/2/20 at 12:11 pm to PenguinNinja
Really not that much money. I'd buy land here and build a house.
Posted on 2/2/20 at 12:17 pm to jimbeam
No way
Too much free time if I’m not working. Free time means I’m spending money to entertain myself.
Health insurance is going to run half that 30k since you have to buy an individual plan
Too much free time if I’m not working. Free time means I’m spending money to entertain myself.
Health insurance is going to run half that 30k since you have to buy an individual plan
Posted on 2/2/20 at 12:19 pm to PenguinNinja
I may splurge a little and pay for some English classes for you.
Posted on 2/2/20 at 12:19 pm to PenguinNinja
House and vehicle paid off
..there goes my million.
..there goes my million.
Posted on 2/2/20 at 12:21 pm to Steadyhands
I will pay you for your business plan that will easily generate 20k/month.
Posted on 2/2/20 at 12:22 pm to PenguinNinja
Double down red
Posted on 2/2/20 at 12:26 pm to PenguinNinja
Use it as a down payment on a $1.6 million dollar house
Posted on 2/2/20 at 12:30 pm to PenguinNinja
Townhouse, 3 or 4 year old Lexus suv, a couple of trips, bank the rest.
Posted on 2/2/20 at 1:13 pm to PenguinNinja
Depends, am I part of this we're?
Posted on 2/2/20 at 1:17 pm to fallguy_1978
quote:
If had an extra 700k
quote:
If you owned absolutely nothing
Posted on 2/2/20 at 1:18 pm to yellowfin
quote:
Less than that after he buys a house
He said modest house so I went real conservative and figured he bought a double wide and a place to park it.
Posted on 2/2/20 at 1:23 pm to PenguinNinja
quote:Invest most of it. Down payment on a house. Furnish said house. Down payment on a car.
Question is really $1.0 mil,
Look for a job because investment income will not be enough.
Posted on 2/2/20 at 1:29 pm to PenguinNinja
Mutual fund. Withdraw 4% each year. Chill.
Posted on 2/2/20 at 1:30 pm to colorchangintiger
You can buy a house in many areas of the country for 200k. I'd have a another 100k for clothes, furniture, purchasing a vehicle etc.
Posted on 2/2/20 at 1:35 pm to fallguy_1978
You said "if I had an EXTRA"
Premise is you have nothing.
Premise is you have nothing.
Posted on 2/2/20 at 1:38 pm to colorchangintiger
quote:
You said "if I had an EXTRA"
Premise is you have nothing.
I'd give up everything I have - retirement accounts, house, cars and all possessions for 1 million right now
Posted on 2/2/20 at 1:41 pm to fallguy_1978
I dunno man. I'm hoping to have $5-6 million liquid when I retire at 65. Only $1 million at 36 would not do much for me if I retired today.
Posted on 2/2/20 at 1:42 pm to colorchangintiger
I wouldn't retire right now but my net worth at 42 is less than a million. I'd come out ahead on that deal and I'd be able to retire earlier than I currently expect to.
Posted on 2/2/20 at 1:48 pm to fallguy_1978
I think if I start at zero and get a million, I would be losing money, so no.
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