Well, not all chicks.
I would take my US $1.7M and place 30%in a midcap US equity index fund, and 70% in a US large cap equity index fund. I would then wait until I was 50 and do whatever I wanted for the rest of my life (finianced with my expected $4.4M, which would yield a life-time income of $176,00/year at 4% withdrawal rate).
Maybe not all chicks, but shallow hot chicks do.
Well the kind of chicks that’d double up on me do.
Like culture. Invest it straightaway, and, even at some piss-poor 5% return, have an instant $80,000+ annual income for the rest of my life. Not too bad.
Convert it to dollars and find a place to build a passive solar log house in the US.
Re-frickin’-tire. ASAP after getting my grubby paws on the loot.
I would buy myself a booshank pair of trainers.
Well, it’s not enough to retire on so I guess I’d buy a larger house (not a mansion, though - just outright ownership on someplace about 25% larger). I’d have to get the requisite toy - probably a Mercedes sport coupe. Finally, I guess I’d put the rest in a fund for my kid’s education and my retirement.
I’d keep working but always firm in the knowledge that I can always say, “Take this job and shove it.” if things get too bad.
It’d remove a lot of stress in my life.
Good point.
Pfft. Think big, lieu. I’d get two cases of Dr Pepper.
My practical side will always win out in this sort of hypothetical. First, I would pay off my debts (which are up there thanks to the student loans). Then I would give a very generous amount to my parents so that they can pay off their debts and have a chance a nice retirement. I’d also give my sister some of the money so that she can pay off her student loans.
The rest? I’d probably leave about $10,000 in my checking account and put the rest in saving accounts, investments, and other things where they can wait for me to reach retirement age. I don’t think I could ever really live an extravagant lifestyle or blow through that much money in a big spree.
Like culture and toadspittle. I think the most valuable thing you can get yourself is the opportunity to do what the hell you want for the rest of your life. Although I’d probably also buy a house, or a piece of real estate with the intention of building a house eventually.
But what about you, what would you do?
First I’d buy up all the real estate I can find around the area where the new international airport for my city is coming up.
Then I’d watch my million pounds turn into about 3 million pounds.
Then I’d have some money to spend.
I’d buy a penthouse in the tallest building in Bombay, have it centrally airconditioned, install a pool on the roof, have a kick-ass entertainment system installed, hooked up with my kick-ass top-o-the-line computer. My garage would be BIG, and well stocked
And with the remaining million, I’d see the world.
Besides two chicks at the same time?
It seems many on this thread are into spending money for sex. Wouldn’t it be better to buy something that would last longer than a few minutes (or slightly more, it depends)?
Well, yeah.
Buy a house in Brooklyn and maybe, if I’m very frugal, furnish it.
That’s about as far as a million dollars will take me. A million pounds? I’d probably also get a new-to-me used car too.
First off I’d buy a Cammer and blow the socks off these smart alecs in the TV ads with their Hemi’s.
“Beware of the Cog”
Nothing.