What would you do with $1m - Tilted Forum Project Discussion Community

dman2 · 11-30-2004, 12:20 PM

Not exactly finance, or maybe it is, but what would you do with 1 Million $$?

braisler · 11-30-2004, 12:25 PM

"I'll tell you what I'd do, man, two chicks at the same time, man."

"That's it? If you had a million dollars, you'd do two chicks at the same time?"

"Damn straight. I always wanted to do that, man. And I think if I had a million dollars I could hook that up, cause chicks dig a dude with money."

Bonus points if you can name the movie.

Daoust · 11-30-2004, 12:33 PM

That's a funny quote. I think I've seen the flick but can't recall.

To answer the question, which I actually have thought about more than once...

I'd pay off my few debts. I'd move out of my mobile home and buy some actual property and build a house, not a monster hollywood celebrity house, but a house for a family. I'd give my folks some so they could retire and build their dreamhouse. I'd give my brothers some so they could do with it what they wanted. I'd travel to New Zealand and Kenya, and North West Territories and Kentwood Louisianna. And I'd buy an economically sound car like a hybrid. And I'd invest the rest. Simple but true.

Daoust · 11-30-2004, 12:34 PM

Isn't the quote from Cheech and Chong?

dman2 · 11-30-2004, 12:36 PM

Office Space!!!

11-30-2004, 12:43 PM

I'd give $10,000 to 10 people (close friends and family).
And keep the rest in the bank until I could decide exactly what to spend it on.

avhg1 · 11-30-2004, 01:26 PM

I'd buy a $1 million of Lego! Well maybe not, but I'd buy a lot.

dman2 · 11-30-2004, 01:30 PM

What about investing it? Could you imagine the payback? I am not sure I would trust the stock market when I already had $1 million.

God of Thunder · 11-30-2004, 01:38 PM

I'd buy some art...like a Picasso, or a Garfunkle

Points to anyone who gets that reference.

superiorrain · 11-30-2004, 01:39 PM

i would buy a bar and make it into the best bar in the world and then next door i'd buy a curry house. Oh wow that would be the coolest, mmmm, beer and curry. I'd better stop now before i drool all over the keyboard.

Tracybrian · 11-30-2004, 01:44 PM

Office space rules. One of the most under apprecated movies of our time. I am going to go home sick right now so I can watch it.

Bobaphat · 11-30-2004, 01:47 PM

Boring, but I would pay off my debt, invest a large chunk and take the rest put toward going into business for myself.

Tracybrian · 11-30-2004, 01:49 PM

oh got so excited I forgot to answer the question. I would do what I do now. I would buy and fix up and sell houses on a more bigger scale. a million bucks is not much anymore but it would be a great start.

Stompy · 11-30-2004, 01:50 PM

Yeah, invest it and live off the interest. Seems to be the best way to go. You wouldn't have to work another day in your life.

That would be an incredible relief.

NoSoup · 11-30-2004, 01:53 PM

Quote:

Originally Posted by God of Thunder

I'd buy some art...like a Picasso, or a Garfunkle

Points to anyone who gets that reference.

Grr... I must remember the song.....

Oh!

If I had a Million Dollars by Barenaked Ladies

Gimmie my Points!

If I had a million bucks, I'd retire. I'd blow a maximum of 10% and invest the rest into a very diverse portfolio - including a large chunck of real estate.

I'd be set for life.

BonesCPA · 11-30-2004, 02:09 PM

Cinnamon raisin toast for all my friends!

Glory's Sun · 11-30-2004, 02:16 PM

Buy a Quizno's

jonjon42 · 11-30-2004, 02:21 PM

buy a red stapler...get myself mostly out of debt...quit this work study crap , and buy some good food for once...god damn meal plan.

Chuckles · 11-30-2004, 05:05 PM

Quote:

Originally Posted by Stompy

Yeah, invest it and live off the interest. Seems to be the best way to go. You wouldn't have to work another day in your life.

That would be an incredible relief.

Another day in your ilfe?!?!?! What the ?! A million isn't that much anymore, and in places like the bay area in CA it'll get you an average house =/ It'd be an awesome investment though and you would make some nice extra dough for fun spending. Probably college though, and of course i'd buy a fckin sweet car.

spindles · 11-30-2004, 07:32 PM

pay off my debts, give some to my family, do some renovations on my house and if there is any left invest it! (well, maybe buy a few 'treats')

gar1976 · 11-30-2004, 08:12 PM

Quote:

Originally Posted by Stompy

Yeah, invest it and live off the interest. Seems to be the best way to go. You wouldn't have to work another day in your life.

That would be an incredible relief.

Yes you would. Inflation would nibble away if you invested too cautiously.

Heck, I'd work seasonally, and then chill out 6-7 months.

MiSo · 11-30-2004, 09:09 PM

invest

------
its easier to make money once you have it.

astrahl · 11-30-2004, 09:31 PM

"I'd buy you a green dress. But not a real green dress, that's cruel."
Couldn't help it.
When I think of a personal response, I'll write again...

Daoust · 12-01-2004, 04:51 AM

We wouldn't have to eat Kraft Dinner...but we WOULD!!!!

Captain Nemo · 12-01-2004, 05:36 AM

Ok, here's one for all of you. I have mentioned before that I was divorced. Well, get this, my ex-wife inherited $12 million bucks a year before we got divorced. And no, I didn't take any of it when we split. I did, however, manage to get $1 million apiece into trusts for my daughters (college, house, etc.) that she can't touch. And by the way, for those of you that said you'd retire on it, she's already blown half of it.

Oh, and for the record, I am happier than ever now with my new wife, who by the way, we just found out is expecting.

Money definitely does not buy happiness.

phobs · 12-01-2004, 08:30 AM

definitely invest it and enjoy the interest. Sounds boring but it would maximize the return.

Yakk · 12-01-2004, 08:43 AM

Invest. Allocate some of the above-inflation return as income, and roll some of it back into the fund to offset downturns.

I am aware that you can live a lifestyle where 1 million $ won't even buy a home. I don't really want to.

I'd otherwise continue living, but I would be relatively free of any worry about finiantial security.

(Even 4% after-inflation/tax return would be enough: roll 1% back into the fund. 30,000$/year is well more than enough to live on.)

Naturally, the first thing you'd want is to contact accountants and do some finiantial planning.

miyamotomusashi · 12-01-2004, 09:15 AM

Take some of it (maybe 200k) and visit China and Japan. The rest goes to the bank (the intrest would add up over time), and paying off debts.

gar1976 · 12-01-2004, 07:13 PM

Quote:

Originally Posted by Captain Nemo

Ok, here's one for all of you. I have mentioned before that I was divorced. Well, get this, my ex-wife inherited $12 million bucks a year before we got divorced. And no, I didn't take any of it when we split. I did, however, manage to get $1 million apiece into trusts for my daughters (college, house, etc.) that she can't touch. And by the way, for those of you that said you'd retire on it, she's already blown half of it.

Oh, and for the record, I am happier than ever now with my new wife, who by the way, we just found out is expecting.

Money definitely does not buy happiness.

The statistics for how many lotto winners go broke in 10 years is staggering.

An idiot with money is still an idiot.

RogueHunter65 · 12-03-2004, 11:54 PM

I would take the money and reinvest it into the stock market...I would probally wait for a new IPO like JOBS (check it out at yahoo.com/finance) to come out and invest it all into it. I would take some of it when I got it to get an nice import car and hook it up. Also I would buy a lot of pot.

Merlocke · 12-04-2004, 10:05 PM

bet it all on black

seriously though - I've got 2 companies I'm working on right now that both have the potential to earn >1 mil in revenue so honestly - I'm not sure what the hell I'd do if I actually make it...

Paying off debts would be nice. Buying a house. Same thing most folks are looking for.

belkins · 12-04-2004, 11:46 PM

Maybe spend $20 or $30K on assorted stuff and invest the rest of it.

Kirkland · 12-05-2004, 10:45 AM

Throw it all in a bank or some low risk stocks. 3% is $30,000 a year. Not to bad for sitting on your ass.

ratiocination · 12-06-2004, 04:44 AM

If I had a million dollars I would invest in a joint venture of some sort with some multinational company .. probably in the bio medical field cause i think it's like the chip industry which used to boom in the 1990s... after about 5 years .. i should have made profits of around at least 10 imillion.. i'll retire , marry a hot chick and relax

Jimellow · 12-06-2004, 06:35 AM

I'd live modestely and invest the rest in mutual funds.

hoobajoo · 12-08-2004, 10:45 AM

I would make a good paypal donation(10K?) to TFP so I could finally see the Erotic Forums

DEI37 · 12-08-2004, 06:43 PM

I know I would get my ass out of debt. Might pay the house off, and then I would buy two NEW cars. Probably a C6 ZO6 when they debut, and a "pocket rocket" kind of car...probably a Neon SRT-4. I'd finish off my Oldsmobile project, and then give my parents $15,000. After that, I'd still have about $850,000 left, so probably $750,000 of it would go to investments, and the remainder would be "play" money, as I would still work.

Rodney · 12-09-2004, 07:25 AM

Park it in some money-market account or short-term financial instrument for a couple of years and then, when the real estate market crashes because of high interest rates, buy some residential income property at good prices with high down payments. Use the income from them for retirement.

Yakk · 12-09-2004, 08:18 AM

Thinking about this again, I'd take half of the money as 'play' money.

By 'play' money I mean I'd use it to fund a business. If it fails, I would still have half a million, giving me 15,000$/year in passive income (more than enough for a single person to live on), and if it succeeds I'll have
a> Given something back to the economy
b> Have more money to play with!

LIMilf · 12-09-2004, 08:27 PM

Buy a house for sure, get that out of the away, pay some bills, then live off the intrest for the rest of my life.

And being from Chicago, I would have to get season tickets for the Bears and White Sox.

11-30-2004, 12:20 PM	#1 (permalink)
dman2 Insane Location: Georgia	What would you do with $1m Not exactly finance, or maybe it is, but what would you do with 1 Million $$? __________________ I have to exercise in the morning before my brain figures out what I'm doing. ~Marsha Doble

11-30-2004, 12:25 PM	#2 (permalink)
braisler Addict Location: Midway, KY	"I'll tell you what I'd do, man, two chicks at the same time, man." "That's it? If you had a million dollars, you'd do two chicks at the same time?" "Damn straight. I always wanted to do that, man. And I think if I had a million dollars I could hook that up, cause chicks dig a dude with money." Bonus points if you can name the movie. __________________ --- You do not really understand something unless you can explain it to your grandmother. - Albert Einstein ---

11-30-2004, 12:33 PM	#3 (permalink)
Daoust "I'm sorry. What was the question?" Location: Paradise Regained	That's a funny quote. I think I've seen the flick but can't recall. To answer the question, which I actually have thought about more than once... I'd pay off my few debts. I'd move out of my mobile home and buy some actual property and build a house, not a monster hollywood celebrity house, but a house for a family. I'd give my folks some so they could retire and build their dreamhouse. I'd give my brothers some so they could do with it what they wanted. I'd travel to New Zealand and Kenya, and North West Territories and Kentwood Louisianna. And I'd buy an economically sound car like a hybrid. And I'd invest the rest. Simple but true. __________________ I have faith in a few things - divinity and grace But even when I'm on my knees I know the devil preys

11-30-2004, 12:34 PM	#4 (permalink)
Daoust "I'm sorry. What was the question?" Location: Paradise Regained	Isn't the quote from Cheech and Chong? __________________ I have faith in a few things - divinity and grace But even when I'm on my knees I know the devil preys

11-30-2004, 12:36 PM	#5 (permalink)
dman2 Insane Location: Georgia	Office Space!!! __________________ I have to exercise in the morning before my brain figures out what I'm doing. ~Marsha Doble

11-30-2004, 12:43 PM	#6 (permalink)
zen_tom Guest	I'd give $10,000 to 10 people (close friends and family). And keep the rest in the bank until I could decide exactly what to spend it on.

11-30-2004, 01:26 PM	#7 (permalink)
avhg1 Insane Location: MD	I'd buy a $1 million of Lego! Well maybe not, but I'd buy a lot. __________________ I shake the devil's hand daily... I'd do it hourly, but my hand gets tired.

11-30-2004, 01:30 PM	#8 (permalink)
dman2 Insane Location: Georgia	What about investing it? Could you imagine the payback? I am not sure I would trust the stock market when I already had $1 million. __________________ I have to exercise in the morning before my brain figures out what I'm doing. ~Marsha Doble

11-30-2004, 01:38 PM	#9 (permalink)
God of Thunder Talk nerdy to me Location: Flint, MI	I'd buy some art...like a Picasso, or a Garfunkle Points to anyone who gets that reference. __________________ I reject your reality, and substitute my own -- Adam Savage

11-30-2004, 01:39 PM	#10 (permalink)
superiorrain Psycho Location: London	i would buy a bar and make it into the best bar in the world and then next door i'd buy a curry house. Oh wow that would be the coolest, mmmm, beer and curry. I'd better stop now before i drool all over the keyboard. __________________ "The only way to discover the limits of the possible is to go beyond them into the impossible." - Arthur C. Clarke

11-30-2004, 01:44 PM	#11 (permalink)
Tracybrian Crazy Location: Tracy, ca	Office space rules. One of the most under apprecated movies of our time. I am going to go home sick right now so I can watch it.

11-30-2004, 01:47 PM	#12 (permalink)
Bobaphat whoopity doo Location: Seattle	Boring, but I would pay off my debt, invest a large chunk and take the rest put toward going into business for myself. __________________ --size matters not-- yoda

11-30-2004, 01:49 PM	#13 (permalink)
Tracybrian Crazy Location: Tracy, ca	oh got so excited I forgot to answer the question. I would do what I do now. I would buy and fix up and sell houses on a more bigger scale. a million bucks is not much anymore but it would be a great start.

11-30-2004, 01:50 PM	#14 (permalink)
Stompy Banned from being Banned Location: Donkey	Yeah, invest it and live off the interest. Seems to be the best way to go. You wouldn't have to work another day in your life. That would be an incredible relief. __________________ I love lamp.

11-30-2004, 02:09 PM	#16 (permalink)
BonesCPA No. It's not done yet. Location: sorta kinda phila	Cinnamon raisin toast for all my friends! __________________ Back into hibernation.

11-30-2004, 02:16 PM	#17 (permalink)
Glory's Sun Registered User	Buy a Quizno's

11-30-2004, 02:21 PM	#18 (permalink)
jonjon42 Psycho Location: inside my own mind	buy a red stapler...get myself mostly out of debt...quit this work study crap , and buy some good food for once...god damn meal plan. __________________ A damn dirty hippie without the dirty part....

11-30-2004, 07:32 PM	#20 (permalink)
spindles Mine is an evil laugh Location: Sydney, Australia	pay off my debts, give some to my family, do some renovations on my house and if there is any left invest it! (well, maybe buy a few 'treats') __________________ who hid my keyboard's PANIC button?

11-30-2004, 09:09 PM	#22 (permalink)
MiSo Psycho	invest ------ its easier to make money once you have it.

11-30-2004, 09:31 PM	#23 (permalink)
astrahl Insane Location: You don't want to live here	"I'd buy you a green dress. But not a real green dress, that's cruel." Couldn't help it. When I think of a personal response, I'll write again...

12-01-2004, 04:51 AM	#24 (permalink)
Daoust "I'm sorry. What was the question?" Location: Paradise Regained	We wouldn't have to eat Kraft Dinner...but we WOULD!!!! __________________ I have faith in a few things - divinity and grace But even when I'm on my knees I know the devil preys

12-01-2004, 05:36 AM	#25 (permalink)
Captain Nemo Insane Location: In a forest of red tape (but hey, I have scissors)	Ok, here's one for all of you. I have mentioned before that I was divorced. Well, get this, my ex-wife inherited $12 million bucks a year before we got divorced. And no, I didn't take any of it when we split. I did, however, manage to get $1 million apiece into trusts for my daughters (college, house, etc.) that she can't touch. And by the way, for those of you that said you'd retire on it, she's already blown half of it. Oh, and for the record, I am happier than ever now with my new wife, who by the way, we just found out is expecting. Money definitely does not buy happiness.

12-01-2004, 08:30 AM	#26 (permalink)
phobs Upright	definitely invest it and enjoy the interest. Sounds boring but it would maximize the return.

12-01-2004, 08:43 AM	#27 (permalink)
Yakk Wehret Den Anfängen! Location: Ontario, Canada	Invest. Allocate some of the above-inflation return as income, and roll some of it back into the fund to offset downturns. I am aware that you can live a lifestyle where 1 million $ won't even buy a home. I don't really want to. I'd otherwise continue living, but I would be relatively free of any worry about finiantial security. (Even 4% after-inflation/tax return would be enough: roll 1% back into the fund. 30,000$/year is well more than enough to live on.) Naturally, the first thing you'd want is to contact accountants and do some finiantial planning. __________________ Last edited by JHVH : 10-29-4004 BC at 09:00 PM. Reason: Time for a rest.

12-01-2004, 09:15 AM	#28 (permalink)
miyamotomusashi Upright Location: MA, USA	Take some of it (maybe 200k) and visit China and Japan. The rest goes to the bank (the intrest would add up over time), and paying off debts.

12-03-2004, 11:54 PM	#30 (permalink)
RogueHunter65 Insane Location: Boston, MA	I would take the money and reinvest it into the stock market...I would probally wait for a new IPO like JOBS (check it out at yahoo.com/finance) to come out and invest it all into it. I would take some of it when I got it to get an nice import car and hook it up. Also I would buy a lot of pot. __________________ I suffer from amnesia and deja vu at the same time... I think I have forgotten this before

12-04-2004, 10:05 PM	#31 (permalink)
Merlocke Location: Canada	bet it all on black seriously though - I've got 2 companies I'm working on right now that both have the potential to earn >1 mil in revenue so honestly - I'm not sure what the hell I'd do if I actually make it... Paying off debts would be nice. Buying a house. Same thing most folks are looking for. __________________ -=[ Merlocke ]=-

12-04-2004, 11:46 PM	#32 (permalink)
belkins Tilted Location: Salt Lake City	Maybe spend $20 or $30K on assorted stuff and invest the rest of it.

12-05-2004, 10:45 AM	#33 (permalink)
Kirkland Upright	Throw it all in a bank or some low risk stocks. 3% is $30,000 a year. Not to bad for sitting on your ass.

12-06-2004, 04:44 AM	#34 (permalink)
ratiocination Tilted	If I had a million dollars I would invest in a joint venture of some sort with some multinational company .. probably in the bio medical field cause i think it's like the chip industry which used to boom in the 1990s... after about 5 years .. i should have made profits of around at least 10 imillion.. i'll retire , marry a hot chick and relax

12-06-2004, 06:35 AM	#35 (permalink)
Jimellow Junkie	I'd live modestely and invest the rest in mutual funds. __________________ Desperation is no excuse for lowering one's standards.

12-08-2004, 10:45 AM	#36 (permalink)
hoobajoo Upright	I would make a good paypal donation(10K?) to TFP so I could finally see the Erotic Forums

12-08-2004, 06:43 PM	#37 (permalink)
DEI37 Go faster! Location: Wisconsin	I know I would get my ass out of debt. Might pay the house off, and then I would buy two NEW cars. Probably a C6 ZO6 when they debut, and a "pocket rocket" kind of car...probably a Neon SRT-4. I'd finish off my Oldsmobile project, and then give my parents $15,000. After that, I'd still have about $850,000 left, so probably $750,000 of it would go to investments, and the remainder would be "play" money, as I would still work. __________________ Generally speaking, if you were to get what you really deserve, you might be unpleasantly surprised.

12-09-2004, 07:25 AM	#38 (permalink)
Rodney Observant Ruminant Location: Rich Wannabe Hippie Town	Park it in some money-market account or short-term financial instrument for a couple of years and then, when the real estate market crashes because of high interest rates, buy some residential income property at good prices with high down payments. Use the income from them for retirement.

12-09-2004, 08:18 AM	#39 (permalink)
Yakk Wehret Den Anfängen! Location: Ontario, Canada	Thinking about this again, I'd take half of the money as 'play' money. By 'play' money I mean I'd use it to fund a business. If it fails, I would still have half a million, giving me 15,000$/year in passive income (more than enough for a single person to live on), and if it succeeds I'll have a> Given something back to the economy b> Have more money to play with! __________________ Last edited by JHVH : 10-29-4004 BC at 09:00 PM. Reason: Time for a rest.

12-09-2004, 08:27 PM	#40 (permalink)
LIMilf Crazy	Buy a house for sure, get that out of the away, pay some bills, then live off the intrest for the rest of my life. And being from Chicago, I would have to get season tickets for the Bears and White Sox. __________________ My goal is to be rookie of the year...