What would you do with $176 million dollars?

[sisq0kidd]

Originally posted by: Jeff7181
Buy Canada

What would you do with the rest of the $87 million?

edit: Bah! beaten to it!

 

[wetcat007]

Buy Gold

 

[Dominato3r]

Originally posted by: sisq0kidd

Originally posted by: Jeff7181
Buy Canada

What would you do with the rest of the $87 million?

edit: Bah! beaten to it!

lol.

Its kind of sad how they can manage they're economy better then us though >>

 

[Sphexi]

I've got a list. Seriously, I wrote it down and stashed it somewhere safe, just in case. Up here the most you'll see is the 649 for like $30mil or something, but still.

-Buy a house
-Buy a downtown condo
-Buy another downtown condo in Vancouver
-Buy some cars
-Buy a restaurant or three (continuous income)
-Buy an apartment building
-Take 3-4 mil and just invest it, live off that income while my investments slowly pay themselves off, by the time I'm ready to "retire" that income will make it worthwhile.

Also, maybe get into some fun legal trouble and buy my way out, in Ted Kenney style or something.

 

[mrrman]

off to the cayman islands ...tax free haven

 

[Dominato3r]

How much interest does a bank give you these days?

If the 88million was put in a bank, what would be the yearly interest income?

 

[Eli]

Originally posted by: Dominato3r
Get this all in pennies. Then sell the copper.

IIRC it costs more to make pennies then the actual worth.

Pennies haven't been made from copper since 1982.

Originally posted by: mrrman
off to the cayman islands ...tax free haven

They would take the taxes out before you even saw a cent.

I think.

 

[mrrman]

Are online lotto tickets valid if they win? curious

 

[SoulAssassin]

176 chicks at the same time

 

[zinfamous]

Originally posted by: BurnItDwn
After taxes it would be around 88 million.

I would probably buy about 20 million worth of apartment buildings and hire people to manage them.
I would invest 20 million in WAG stock ... (solid company with some bad stock performance as of recent, lots of room to grow up, as well as decent dividends)
I would invest 10 million in S&P 500 midcap index funds
I would spend 10 million on paying off my mortgage, paying off family members mortgages, buying my mom a new house, buying a couple of vacation homes, and improving my current house (though I might be tempted to move out and buy something with a garage and a bigger lot if I was rich)
I would invest 10 million in investing in failing businesses that look like they are worth saving to me. (meaning, a bit of rehab and some better money management would make them profitable, and they would be an asset to the community)
I would invest 9 million in agricultural lands and lease out the land to farmers.
I would invest 6 million in a Russell index fund.
I would open 20 savings accounts, each for the maximum amount insurable ... just to have safe emergency money. (2 million)
I would invest 1 million in additional agricultural land. The land would be leased in exchange for bacon.

I like how you think

 

[zinfamous]

Originally posted by: Champ

Originally posted by: FoBoT

Originally posted by: Turin39789

Originally posted by: FoBoT
just get it in pennies, those new pennies

what is scrap value of copper?

they are made of zinc

$0.8133 per pound

how many pennies per pound?

It's only worth it for pre-1982 pennies, which are worth more than their inherent value.

 

[zinfamous]

Originally posted by: DLeRium
I'd buy fritolays a hooker.

what about the remaining $87, 999, 993?

 

[Q]

hookers and blow...
..
jobs

 

[Chaotic42]

Build a house
Go to school and get degrees in Mathematics, Physics, Chemistry, Botany, History, EE, and Astronomy
I'd occasionally take off to travel

 

[alkemyst]

Originally posted by: randomlinh

Originally posted by: nkgreen

Originally posted by: alkemyst

Originally posted by: BurnItDwn

Originally posted by: alkemyst
I'd have to burn one million as even numbers are teh debil.

but if you burn 1 million, you would still have an even number.

Wouldn't it make sense to burn just 1 dollar?

Otherwise, maybe you should go for a prime number .....

'175' is not even. Did you go to an F-school or just fucking sail on the failboat with the grammar nazi elite troops?

I thought we won $176,000,000?

175,000,000 % 2 = 0, so FAIL.

wow... I'm surprised folks didn't catch on this sooner.

you are all morans. Why not now try to psychoanalyze me based on a non-serious post?

people please get out and do something.

 

[sdifox]

I am in Canada, so the 176M would be net I'll buy the company I work at first.
Then post a sign outside my office that reads "All your bases belong to us"

 

[oddyager]

Originally posted by: Dominato3r
How much interest does a bank give you these days?

If the 88million was put in a bank, what would be the yearly interest income?

Uh, it depends on the bank and the account you open? Like a savings account would only yield less than 1% but a Money Market you may see 3-4%.

 

[DisgruntledVirus]

Originally posted by: oddyager

Originally posted by: Dominato3r
How much interest does a bank give you these days?

If the 88million was put in a bank, what would be the yearly interest income?

Uh, it depends on the bank and the account you open? Like a savings account would only yield less than 1% but a Money Market you may see 3-4%.

Remember to be FDIC backed you need 880 accounts... then have to pull all the interest into the 881st account.

Man that would be fun. Do banks limit how many accounts you can have? If so does that mean you would need 881 banks also so its all FDIC backed?

 

[GCS]

Pretty easy for me.

-- Prepay for my 2 kids college etc
-- Set up trust funds for my kids with rules about when they got the money. At least 10 million each or more.
-- Give my immediate family members a million each (this would be about 10 million total)
-- Take above family members to a nice dinner to celebrate
-- Build a house on some land for us and an "inlaw house" on said land for my mom
-- Put a gameroom in said house with all the pinball machines and video games I like (think arcade games). Hire a tech to maintain them regularly for me.
-- Buy some more real estate for investment purposes.
-- Donate at least 1 million to our church and another 10 million or so to various DESERVING charities and help organizations
-- Probably buy the wife a new minivan (Odyssey maybe) and get a cool reasonable sports car to have fun with on the weekends
-- Get a trainer to get me back in shape
-- Work with my financial planning brother in law for other investments.

Overall I wouldn't blow it on a ton a useless crap (except the gameroom). I don't want a bunch of fancy cars or a million dollar home. I would mostly just want to enjoy life. I would also keep working at the accounting firm I own 1/2 of but I sure as hell wouldn't work as much.

Greg

 

[sonambulo]

Originally posted by: alkemyst

you are all morans. Why not now try to psychoanalyze me based on a non-serious post?

people please get out and do something.

You made a damn stupid assertion and got caught red handed. When he called you out on it you flipped the fuck out and now you're trying to brush it aside like it's nothing?

Looks like the stress from that secretary job is really getting to you little buddy.

 

[enyce2k9]

I suppose the money can be fitted in some old chest, thrown in the ocean, then I will live off weekly checks, commute in the subway and brag about how I use to have millions.

 

[Scarpozzi]

If I had that kind of money, I would give a lot of it away.

 

[Maluno]

Wow, nobody mentioned building a killer PC with the winnings yet? Disappointing...

 

[DisgruntledVirus]

Originally posted by: GCS
Pretty easy for me.

-- Prepay for my 2 kids college etc
-- Set up trust funds for my kids with rules about when they got the money. At least 10 million each or more.
-- Give my immediate family members a million each (this would be about 10 million total)
-- Take above family members to a nice dinner to celebrate
-- Build a house on some land for us and an "inlaw house" on said land for my mom
-- Put a gameroom in said house with all the pinball machines and video games I like (think arcade games). Hire a tech to maintain them regularly for me.
-- Buy some more real estate for investment purposes.
-- Donate at least 1 million to our church and another 10 million or so to various DESERVING charities and help organizations
-- Probably buy the wife a new minivan (Odyssey maybe) and get a cool reasonable sports car to have fun with on the weekends
-- Get a trainer to get me back in shape
-- Work with my financial planning brother in law for other investments.

Overall I wouldn't blow it on a ton a useless crap (except the gameroom). I don't want a bunch of fancy cars or a million dollar home. I would mostly just want to enjoy life. I would also keep working at the accounting firm I own 1/2 of but I sure as hell wouldn't work as much.

Greg

A church deserves $1 million?

I guess after all those 2 girls at the same time parties you have to repay your sin somehow.

 

[alkemyst]

Originally posted by: sonambulo

Originally posted by: alkemyst

you are all morans. Why not now try to psychoanalyze me based on a non-serious post?

people please get out and do something.

You made a damn stupid assertion and got caught red handed. When he called you out on it you flipped the fuck out and now you're trying to brush it aside like it's nothing?

Looks like the stress from that secretary job is really getting to you little buddy.

yeah whatever francis.

sorry I hurt your feelings.