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What would you do with a million dollars?

Ian_Fitz
Posts: 826 - Karma: 6,509
Dec 12 2015 11:04PM

What would you buy? Would u invest it? Save it? Pull a David Lesh and Start a midocore clothing company then have it fail and turn it into a "ok" clothing company? What would u do?

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Mingg
Posts: 13936 - Karma: 48,466
Dec 12 2015 11:07PM

Hire a male prostitute and ski a lot

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JohnBolea
Posts: 512 - Karma: 1,979
Dec 12 2015 11:08PM

move to oregon ski year round for a few years no job

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Nikolaus
Posts: 863 - Karma: 995
Dec 13 2015 12:04AM

me and my dog would live like kings

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Sno.
Posts: 12155 - Karma: 6,147
Dec 13 2015 12:16AM

It wouldn't be enough to quit my job. But I would pay off mortgages and loans, and then put some into some projects we want to do, and invest the rest with the hopes of starting my own business and quitting my job in a few years.

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GayWolf420
Posts: 36699 - Karma: 110,758
Dec 13 2015 12:21AM

Ill tell you what id do, man...

Two chicks at the same time, man.

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saskskier
Posts: 4772 - Karma: 9,984
Dec 13 2015 1:28AM

Nothing super crazy.

- Find someone to help me make sure I'm not stupid with it and invest it

- buy a house and use the interest to pay my mortgage rather than paying in one lump sum

- travel a bunch and make it my goal to travel to at least one country I haven't been to every year and either go heli-skiing or out to Japan, depending on what the snow is like

- get a decent, but not crazy car and a bike

- find a different job, likely in the non-profit sector

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soulskier
Posts: 17805 - Karma: 3,821
Dec 13 2015 6:18AM

Pay off my mortgage(s) and the wife'said student loans

Blow the rest on something silly like guns, skis, or fishing stuff

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Dddsz
Posts: 3042 - Karma: 7,328
Dec 13 2015 10:00AM

Whoever wouldn't invest it doesn't know what they are missing out on. That one million could multiply so fast.

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Alex_G
Posts: 11902 - Karma: 1,018
Dec 13 2015 10:29AM

invest in bananas. so much money in foreign agriculture and as more people inhabit the planet more people want bananas. demand never runs out.

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HAMNATION
Posts: 814 - Karma: 1,719
Dec 13 2015 11:51AM

Start my own liquor company..... wait I cant do that with only a mill.. New plan buy 2 new sleds and quit my job so I can ski bc and chill every day fo like 5 years. Play golf all summer. Just remember though a mill is only 1000 G's

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.MASSHOLE.
Posts: 7408 - Karma: 11,040
Dec 13 2015 11:52AM

Buy a property, have a company manage it for rentals, use proceeds to pay off mortgage, and then invest the rest.

Probably would let my parents use some to fix up the house we live in currently.

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phillyskier
Posts: 51 - Karma: 35
Dec 13 2015 2:48PM

put it in the bank. you know how much interest youd get in only a year

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HAMNATION
Posts: 814 - Karma: 1,719
Dec 13 2015 3:00PM

phillyskierput it in the bank. you know how much interest youd get in only a year

There is still such thing as an interest bearing account??

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deleted5
Posts: 14507 - Karma: 13,500
Dec 13 2015 3:06PM

Sno.It wouldn't be enough to quit my job.

If that's true then you have terrible saving habits and an awful financial investor.

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Titus69
Posts: 9327 - Karma: 17,742
Dec 13 2015 3:45PM

Help the parents and other close family out

Set some aside for my future retirement

Buy a couple nice cars

Invest, maybe start my own little company

Travel to my desired places

Buy myself a nice little home near a mountain

Probably still work and use that money to pay shit off

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SFB
Posts: 8895 - Karma: 26,347
Dec 13 2015 4:57PM

2 million 50 cent donuts

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Brenone
Posts: 4944 - Karma: 296
Dec 13 2015 5:06PM

Hookers and blow

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DanielPlainview
Posts: 391 - Karma: 1,708
Dec 13 2015 6:37PM

I'd probably have some fun for a couple years, wave the money around at some chicks and get one to marry me. Then id just try to buy out a well established bar and run that for a while until I can sell it and retire.

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theabortionator
Posts: 51264 - Karma: 157,486
Dec 13 2015 6:40PM

Buy shit ton of steel, weld a shit ton of rails, and donate them and some time to parks in need. Obviously grab a house somewhere. A modest 3 or 4 br with a small yard would be nice. Maybe a slightly newer car but idk that I'd buy a new new car.

Travel a bunch to as many new countries as I can.

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Rennis_Deynolds
Posts: 2739 - Karma: 19,061
Dec 13 2015 6:55PM

live like an upper middle class white family for two years

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.otto.
Posts: 3493 - Karma: 12,892
Dec 13 2015 7:07PM

MinggHire a male prostitute and ski a lot

5 people would like to hire a male prostitute, im not sure to be dissapointed or impressed with ns

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Sno.
Posts: 12155 - Karma: 6,147
Dec 13 2015 8:07PM

nocturnalIf that's true then you have terrible saving habits and an awful financial investor.

The interest on well invested 1 million dollars isn't close to the amount that we bring in with our jobs.

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Sno.
Posts: 12155 - Karma: 6,147
Dec 13 2015 11:10PM

HAMNATIONThere is still such thing as an interest bearing account??

lol-- he must mean investing it in a mutual fund or something...because the interest you'd get off of a savings account would be like 1%

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Ian_Fitz
Posts: 826 - Karma: 6,509
Dec 14 2015 12:36AM

MinggHire a male prostitute

I know a guy! I can get you the hook up!

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deleted5
Posts: 14507 - Karma: 13,500
Dec 14 2015 1:08AM

Sno.lol-- he must mean investing it in a mutual fund or something...because the interest you'd get off of a savings account would be like 1%

Try .3% I've never seen a bank that offers a 1% interest on a savings account I'm sure they exist but it's not common.

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Sno.
Posts: 12155 - Karma: 6,147
Dec 14 2015 1:26AM

nocturnalTry .3% I've never seen a bank that offers a 1% interest on a savings account I'm sure they exist but it's not common.

yeah i had just googled the highest and found the link below so figure the highest is about 1%-- you're right that most average banks like Chase, B of A, etc. are way lower.

http://www.magnifymoney.com/blog/earning-interest/best-online-savings-accounts275921001

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Dustin.
Posts: 13839 - Karma: 7,704
Dec 14 2015 2:21AM

phillyskierput it in the bank. you know how much interest youd get in only a year

In 2015? Maybe $5000 if you didn't spend any of it at all.

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--ski--
Posts: 1670 - Karma: 817
Dec 14 2015 2:29AM

Nearly pay off my mortgage.

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.FRY.
Posts: 5620 - Karma: 22,852
Dec 14 2015 7:24AM

The referenced post has been removed.

well, what else are you gonna do with it?

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deleted5
Posts: 14507 - Karma: 13,500
Dec 14 2015 9:52AM

Sno.yeah i had just googled the highest and found the link below so figure the highest is about 1%-- you're right that most average banks like Chase, B of A, etc. are way lower.

http://www.magnifymoney.com/blog/earning-interest/best-online-savings-accounts275921001

Online banks.......

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The.Fish
Posts: 2269 - Karma: 4,985
Dec 14 2015 10:24AM

Get out of the east

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akt416
Posts: 246 - Karma: 568
Dec 14 2015 10:49AM

probably be smart and put a down payment on a house, shits not getting any cheaper

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JustinG7
Posts: 68 - Karma: 561
Dec 14 2015 11:19AM

The.FishGet out of the east

Truuu

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KravtZ
Posts: 6637 - Karma: 2,629
Dec 14 2015 12:59PM

I assume $1,000,000 after tax so...

Finish paying off college

Buy a new car

Buy myself a ski condo

All three would be roughly $350,000

Invest the $650,000 and forget about it.

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RalphWaldo
Posts: 121 - Karma: 425
Dec 14 2015 3:30PM

buy NS a mountain

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_69
Posts: 1772 - Karma: 4,979
Dec 16 2015 9:35PM

Buy a nice flesh light

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E-Bracht
Posts: 52 - Karma: 71
Dec 16 2015 11:45PM

The referenced post has been removed.

.Frywell, what else are you gonna do with it?

I don't know, do 3 chicks at the same time?

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Anguz_li
Posts: 285 - Karma: 516
Dec 17 2015 12:04AM

Move out of Southern Ontario and live closer to the north

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iH8pow
Posts: 1728 - Karma: 7,225
Dec 17 2015 1:50AM

Pay off the mortgage, pay off car loans, FI cars, invest rest either in stocks or business.

Being old is..?

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turducken
Posts: 749 - Karma: 601
Dec 17 2015 2:03AM

--ski--Nearly pay off my mortgage.

a million dollars would only nearly pay off your mortgage?

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PeppermillReno
Posts: 4751 - Karma: -559
Dec 17 2015 2:07AM

2 affordable condos for around/under 500k one in Aspen/Snowmass and one in Whistler.

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phillyskier
Posts: 51 - Karma: 35
Dec 17 2015 3:33PM

Dustin.In 2015? Maybe $5000 if you didn't spend any of it at all.

Only that much. Hell spend it then

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Steezy_IN_KC
Posts: 2033 - Karma: 1,607
Dec 17 2015 5:50PM

+

http://www.dickgoresrvworld.com/product/new-2016-forest-river-rv-cedar-creek-36ckts-410866-5

+

Lift Operator

+

Pow Days off

+

live off the interest

=

Proffit

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messplay
Posts: 4483 - Karma: 1,065
Dec 17 2015 6:10PM

i'd ask where the fuck the rest of my money went.

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--ski--
Posts: 1670 - Karma: 817
Dec 17 2015 6:28PM

turduckena million dollars would only nearly pay off your mortgage?

Unfortunately, yes. The title said dollars so I converted in pounds which equates to roughly £660 000. I live in London which is about the most expensive property market in the world. That much money doesn't actually get you very far. Anyhow, it was more of an emotional response. It would be foolish to put it all towards your mortgage.

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skiminnesota
Posts: 9093 - Karma: 429
Dec 19 2015 2:12AM

messplayi'd ask where the fuck the rest of my money went.

Yes. GS elevator FTW

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CabbyArrant
Posts: 779 - Karma: 4,120
Dec 20 2015 3:11PM

Start my own ski and board business. I want to create the best skis and snow and surf boards on the market. I would also pay to finish college.

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