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How to spend twenty million dollars wisely?
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27 / F / New Jersey, USA
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Posted 8/10/16

Lord_Jordan wrote:

Invest in some technology...maybe like armored mechs, ready for battle and mass production? Then continue with my plot to conquer the Earth, and rule the Multiverse


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27 / F / New Jersey, USA
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Posted 8/10/16 , edited 8/10/16

Maksy wrote:

Omg.. Idk... Hmmm Oo i know ! I'll buy a plane


How is that spending the money wisely?
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19 / O / Korriban
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Posted 8/10/16

qualeshia3 wrote:


Lord_Jordan wrote:

Invest in some technology...maybe like armored mechs, ready for battle and mass production? Then continue with my plot to conquer the Earth, and rule the Multiverse




I feel like some hardcore judgement was just passed on me Haha
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16 / M / Poland
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Posted 8/11/16

qualeshia3 wrote:


Maksy wrote:

Omg.. Idk... Hmmm Oo i know ! I'll buy a plane


How is that spending the money wisely?



Pff Of course ! I will travel around the world, meet new people But seriously I donate all money for homeless people and animal shelters
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M
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Posted 8/11/16
Booze, drugs, hookers and then I'd waste the rest.
Talav 
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Posted 8/11/16
Effective altruism while avoiding loans.
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Posted 8/11/16 , edited 8/11/16
Fund a drone project designed after Navi the fairy, then mass produce enough to terrorize my town with "HEY LISTEN!"
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27 / F / New Jersey, USA
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Posted 8/11/16

Zadornov wrote:

Fund a drone project designed after Navi the fairy, then mass produce enough to terrorize my town with "HEY LISTEN!"


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28 / M
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Posted 8/11/16
Give a little bit to my close family telling them to never aks me for a single penny ever.
After that I'll move into a nice comfy house and invest in low risk stuff.
Buy a set or two of high quality eggs of a 20 year old beautiy queen succesfully majoring in maths or physics, rent a quality womb of a striaght egde 18 year old and hope for 1-2 kids.
Hire two big guys with the sole purpose of keeping me fit and healthy, for that they'll have the permission to beat me up if I want to full on coach potato or eat shit. Both should also be at least 4 star chefs.
Once the children are old enough start spending months skiing all around the world.
And during all of this I will cultivate my evergrowing book collection.
mdmrn 
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34 / M / Baltimore, MD
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Posted 8/12/16

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!!!

Tax free $20 M? How would I spend it?

- Pay off my house - $200K
- Pay off family's houses - $150K
- Tithe - $2 M
- Build Dream House - $1 M
- Put aside funds for kids - $8 M ($2 M per kid accessible only upon turning 22/completion of college)
- Put Remainder in High Yield Account and Live off The Interest - $8.65 M

A 1% yielding account would get me over $86,500 a year to pay for whatever bills and fun stuff I'd need. If I can get a higher yielding account, I'd have more than that on a day to day basis. But, with the house paid off, my bills wouldn't be that high - so most of that could go to fun stuff for the family or improving my kid's education!
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34 / M / So Cali, OC
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Posted 8/13/16
I would give most of the money to my friends.
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F / Boston-ish
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Posted 12/9/17
Year-end cleanup. Closing threads with no new posts since 12/31/2016.
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