Just received a large sum of money...

EightySix Four

Diamond Member
Jul 17, 2004
5,121
49
91
Yes this post is going to sound like bragging and yes I am a little bit. Deal with it.

After a hectic year I sold my company for just over $10 million after taxes friday. (no I haven't ever mentioned my personal company on ATOT, just my dad's which are completely unrelated. No I won't tell you what it was, especially not until things are finalized.) and I am honestly at a loss of what to do... All these new possibilities open up at once and I am kind of lost. I am only 18 and I am a freshman in college.

I am considering just throwing the whole thing into like a 5 or 6% interest account and only buying stuff off the interest.

The other side of me wants to do the obvious... Bugatti Veyron and a nice house.

I am still in shock and kind of looking for guidance. No one I know has ever even come close to this sum of money.

So guys, I am open to suggestions, have at it. What would you do?



(btw I have a thing for the Aston Martin DBS )
 

mrSHEiK124

Lifer
Mar 6, 2004
11,491
2
0
Originally posted by: LoKe
Shens. If true, put it into a high-yield account.

QFT. Really interested in what it was though, I'm almost 17 and I've only got a couple hundred dollars to my name
 

SmoochyTX

Lifer
Apr 19, 2003
13,618
0
0
I just won 53.5 million from Publisher's Clearing House. I'm thinking about buying a new television.
 

pstylesss

Platinum Member
Mar 21, 2007
2,914
0
0
Well you are obviously have a head on your shoulders. I wouldn't go into spending mode. You'll have a lot of taxes to pay. You know, rich people stay rich because they are stingy. I would definitely invest some of it (into my business ). If you enjoy running a business throw some money into starting another one.
 

videogames101

Diamond Member
Aug 24, 2005
6,777
19
81
Wow.... Serious???

Dude, get yourself a kick-@$$ rig, i mean like SLI-8800ultra with quad-core extreme and 2000 watt PSU and physics-X card, 4gig DDR3, X-fi, get like a huge speaker system, 30" monitor, and go play crysis!

but honestly, invest. i mean, with that kind of money, you can make alot more of it =)
 

mordantmonkey

Diamond Member
Dec 23, 2004
3,075
5
0
would be kind of dumb to just put it into a high-yield savings but then again it would be dumb to get a multi-million-dollar financial strategy from a tech internet forum.

if only there were some sort of professional that could look at your financials and some how be an adviser to you.
 

jlee

Lifer
Sep 12, 2001
48,513
221
106
Originally posted by: mordantmonkey
would be kind of dumb to just put it into a high-yeild savings but then agin it would be dumb to get financial advice from an internet forum.

if only there were some sort of professional that could look at your financials and some how be an adviser to you.

What he said.
 
Jun 4, 2005
19,733
1
0
Originally posted by: videogames101
Wow.... Serious???

Dude, get yourself a kick-@$$ rig, i mean like SLI-8800ultra with quad-core extreme and 2000 watt PSU and physics-X card, 4gig DDR3, X-fi, get like a huge speaker system, 30" monitor, and go play crysis!

but honestly, invest. i mean, with that kind of money, you can make alot more of it =)

10 million dollars and that's the best you could do? Weak.
 

videogames101

Diamond Member
Aug 24, 2005
6,777
19
81
Originally posted by: mordantmonkey
would be kind of dumb to just put it into a high-yeild savings but then agin it would be dumb to get financial advice from an internet forum.

if only there were some sort of professional that could look at your financials and some how be an adviser to you.

lol, i second this
 

Ns1

No Lifer
Jun 17, 2001
55,414
1,574
126
my vote goes to porsche 911 gt2; although that AM is sex too...

followed by 5spdgirl

although I guess it would be 6spdgirl
 

EightySix Four

Diamond Member
Jul 17, 2004
5,121
49
91
I will when I can guys, I promise... It'll just be a couple more months to a year depending on the new owners actions.
 

EightySix Four

Diamond Member
Jul 17, 2004
5,121
49
91
I will when I can guys, I promise... It'll just be a couple more months to a year depending on the new owners actions.
 

JS80

Lifer
Oct 24, 2005
26,271
7
81
Originally posted by: crazySOB297
I will when I can guys, I promise... It'll just be a couple more months to a year depending on the new owners actions.

did a PE shop or a corp buy you?
 
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