Tilted Forum Project Discussion Community

Tilted Forum Project Discussion Community (https://thetfp.com/tfp/)
-   Tilted Fun Zone (https://thetfp.com/tfp/tilted-fun-zone/)
-   -   54M eh? (https://thetfp.com/tfp/tilted-fun-zone/96774-54m-eh.html)

canucker 10-28-2005 12:20 PM

54M eh?
 
Any of you lucky 17 Camrose oil workers visit the TFP? If so, maybe we should have a party in your honor! :thumbsup: :thumbsup:

BigBen 10-28-2005 12:26 PM

Yeah, splitting a pot that big is kind of a letdown though.

I was hoping the whole thing would have gone to some young single guy, with a head on his shoulders...

Wait. Do those guys exist?

54 million dollars. It defies comprehension.

You could go to Vegas, put 10 million on Black, LOSE, and still have 44 MILLION DOLLARS.

It just floors me.

I liked how when the cameras were on the people in the kitchen, one guy was chugging a beer. I predict he will be a wino in 18 months. :lol:

canuckguy 10-28-2005 05:15 PM

Good for them, that is alot of dough. We can dream what it would be like.....I would only upgrade my house, and maybe a new car every year. Everything else would get put away for my kid.
I would just love to win one of huge powerball lottos like in the states for 300 million. Imagine that, I'd buy myself an NHL team and become a player/owner. Put myself on the 4th line, would be effing awesome! I could handle it too. (not)

highthief 10-29-2005 04:11 AM

It's good that it got split between so many people. What they got 3 or 4 million each? That's great.

skier 10-29-2005 10:41 PM

4 million. christ. I'd just put it in a CD @ 5% and live off my 200k a year.

wow just imagine never having to work again....

Yakk 11-01-2005 11:46 AM

Quote:

Originally Posted by skier
4 million. christ. I'd just put it in a CD @ 5% and live off my 200k a year.

wow just imagine never having to work again....

200 k/year
40% average tax
------
120 k/year

Inflation at 2.2%. On 4 m:
88 k/year

120 k/year - 88 k/year = 32 k/year

4 m in a 5% CD with 40% average tax and 2.2% inflation gives you 32 k/year inflation-protected post-tax income.

Charlatan 11-01-2005 11:49 AM

Quote:

Originally Posted by Yakk
200 k/year
40% average tax
------
120 k/year

Inflation at 2.2%. On 4 m:
88 k/year

120 k/year - 88 k/year = 32 k/year

4 m in a 5% CD with 40% average tax and 2.2% inflation gives you 32 k/year inflation-protected post-tax income.

Don't be such a downer... can't a man have a dream? :lol:


I kept thinking what is that company going to do when 17 people don't show up for work...

Yakk 11-01-2005 12:08 PM

Quote:

Originally Posted by Charlatan
Don't be such a downer... can't a man have a dream? :lol:


I kept thinking what is that company going to do when 17 people don't show up for work...

/shrug. Note my anniniuty was designed to be indefinate, not "for your life".

Second, 32 k/year tax-free, at a 30% average tax rate, is a 46000$/year salary. Admittedly this doesn't include any health benefits etc -- on the other hand, you do have a 4 m $ in real-value assets ready for emergencies.

streak_56 11-03-2005 04:01 PM

Lets just say for my sake that there would be a lot of government payoffs for me.

skier 11-04-2005 04:48 PM

Quote:

Originally Posted by Yakk
200 k/year
40% average tax
------
120 k/year

Inflation at 2.2%. On 4 m:
88 k/year

120 k/year - 88 k/year = 32 k/year

4 m in a 5% CD with 40% average tax and 2.2% inflation gives you 32 k/year inflation-protected post-tax income.

Oh god.





So uh yeah. Maybe I could just buy a few franchises or invest in real estate instead. ow.


All times are GMT -8. The time now is 09:57 AM.

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2025, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0 PL2
© 2002-2012 Tilted Forum Project


1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360