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Post Reply How to spend twenty million dollars wisely?
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Beyond The Boundary
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Posted 8/9/16

PeripheralVisionary wrote:


ItsMai wrote:

Invest in businesses with inelastic demand (such as a funeral parlor because death is inevitable so there is always demand)


Invest in funeral parlors, than kill everyone with a death ray to drive demand up! BRILLIANT MAI GODDESS!


Wait, if you kill "Everyone" as you stated to drive demand up, who would be left? your business plan is flawed little one
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22 / M
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Posted 8/9/16
You could easily live a luxurious life with the original $20,000,000. No need to invest.
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Posted 8/9/16
hmm probably try and get more. but i would also use it to buy somethings.

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25 / F / New Jersey, USA
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Posted 8/9/16

RobinWing wrote:


qualeshia3 wrote:


RobinWing wrote:

buy a stick :P


You can get a stick for free. Just look in your backyard.


i mean a stick from an extinct prehistoric tree




Oh.
Posted 8/9/16
Time to upgrade my lifestyle

And I'd still be working

Posted 8/9/16
500 000 USD would go to pay off various debts, to buy a cheap hybrid car, and to buy or build a cheap house (including renovation).

The reason why I mention a car is because I currently live in a place where public transportation is few and far between, and getting anywhere, even to the grocery store, can be quite tedious. If I was still living in the city, I wouldn't have mentioned buying a car at all.

Then, I would arrange for a deal with my sister, and her husband, that they will not under any circumstance use credit or apply for loans in the future. And if they agree to that, then they will get

500 000 USD to pay off their various debts, to buy a cheap hybrid car, and to buy or build a cheap house (including renovation). Note: They already have a house, so if they decide to stay and simply renovate, then they will get enough money for that instead.

I would then arrange for a deal with my sister, that her sons will not under any circumstance apply for student loan. They will then receive the same amount from me as if they were to apply for a student loan, up to- and including a university degree, excluding education in foreign countries such as the U.S.. Each of her sons will also get a maximum of 150 000 USD that will go to pay for an apartment or a house. If her son's then are stupid enough to get loans, student loans, car loans, house loans, whatever, spite all advice not to get any loans, then that's that, then... they had the opportunity to live a life without debt and they chose a mediocre life on the verge of poverty where 60% of their total income goes to pay tax and interest for the rest of their lives, oh well.

I don't know what to do with the rest of the money, though. I couldn't really care less about money. I suppose I could spend a small sum on traveling. Take a week here, and a week there. Have a look around.

¯\_(ツ)_/¯
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18 / M / Reality
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Posted 8/9/16
Everything would be the exact same, I'm happy where I am. Of course, I'd buy as many Steam games as I wanted.
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29 / M / B.C, Canada
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Posted 8/9/16
I'd buy a few Leopard 2A5s and conquer Canada and force my countrymen to grow some goddamn balls already.

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48 / M / New England, USA
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Posted 8/9/16

qualeshia3 wrote:

Let me know if a thread like this one exist or not.
Thanks a bunches.

Let's say you won twenty million dollars. How would you spend it? How would you make the money last? Do you believe in safe spending?

Enjoy!!!


Easypeasey! I'd invest in new inventors with potentially remarkable inventions. Specifically for those differently-abled.
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22 / M / Birmingham, UK
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Posted 8/9/16
I'd just live a comfortable life, all the games and anime I need, exquisite food and no need to ever work again
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M
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Posted 8/9/16

Urges wrote:

20m? nah, fuck spending it wisely, I would take a world tour first and than buy everything I want and if I got some money left after then MAYBE invest in something good.


I could do that with less than a mil. Another mil to dump in checking/savings accounts to live off indefinatly if needed. 10 mil for low-moderate risk investment accounts, bonds and staggered CD's. The remaining 8 mil I'd use for riskier investments, maybe some venture capital or buy some small companies and maybe some classic cars or valuable collectables.
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29 / M / B.C, Canada
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Posted 8/9/16
Boring people are boring, we need more tank owners already. Be it the mighty Leopard, the well armoured Abrams, that meh tank that is the Challenger , or the high tech T-14 the Russians are building get it today and starting conquering shit already.
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25 / F / New Jersey, USA
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Posted 8/9/16
Great comments cool people.
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Posted 8/9/16
I think I would buy a decent home for my mom, brother and myself first, than invest a fair chunk of it to hopefully make more in the future, put another fair chunk in savings and what was left would be invested in animators directly. maybe I will hire some to continue some of my favorite anime and be able to pay them what they are worth
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22 / M / Texas
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Posted 8/9/16
I would give some to my family first, then I'd probably buy a nice lake house and a couple of sports cars.
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25 / M / Canada
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Posted 8/10/16 , edited 8/10/16
Invest 12 million in something that can't fluctuate, such as a high interest savings account.
4-6 million in stocks/land.

Buy at least 2 smaller properties (not for yourself to live in.)

Rest is spending/donation money.
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