This plus I’d open some cash based enterprises (ya know, like a car wash) that are extraordinarily successful.
Things like BB cards/comics you could easily drop a $100K at a show across dozens of vendors in a few hours and nobody is going to even blink at cash. Its going to be up to the IRS that they were NOT in fact grandpas collection. Skipping around big collectables shows in my state alone could easily assemble a $3-4mil collection without creating a noticeable ripple in the market.
+1, sort of.
It’s tough to pay the mortgage with cash. Similarly with other large purchases like cars, plane tickets, etc.
Still, if I were paying for restaurant meals, groceries, clothing etc. with cash, that would free up quite a lot of money from the salary, to sock away in the 401(k) or by prepaying the mortgage.
They may not take cash, but money orders are an option. Those can easily be purchased with cash. People do it all the time for rent.
I’m sure I wouldn’t buy a Lamborghini. However, I would travel constantly. I’d also have very nice photography equipment to document my travels.
If I liquidated everything and sold all my stock, cashed out my retirement…etc. I’d might be close to a couple million. I wouldn’t buy any exotic car or anything though.