What is the first thing you would do if you got $100 million?

Discussion in 'Off-topic Zone' started by Rockport, Sep 21, 2019.

  1. Rockport

    Rockport AmberBeer Zone Supporter

    17,259 Messages
    14,911 Likes Received
    ....if you got 100 million like Dak is soon going to get? Assuming everyone would hire a financial advisor right off the bat.

    I would give a million to charity. Sounds lame, but it’s the right thing to do.
    kskboys, JohnnyTheFox, Sarek and 2 others like this.
  2. Xelda

    Xelda Well-Known Member

    3,481 Messages
    10,943 Likes Received
    The first thing I would do is ka-wit my job.
  3. Rockport

    Rockport AmberBeer Zone Supporter

    17,259 Messages
    14,911 Likes Received
    With a big ole smile :D
  4. Big_D

    Big_D Well-Known Member

    3,847 Messages
    4,945 Likes Received

    Charity, take care of family and friends then a hut on the water for a solid month, but I'm thinking more. 6 months. lol
  5. The Fonz

    The Fonz Correctamundo

    4,480 Messages
    5,319 Likes Received
    I am a minimalist I don't need much so if i earn such money I would use 85% of it wisely in helping those who suffer in life.
  6. Oz-of-Cowboy-Country

    Oz-of-Cowboy-Country Well-Known Member

    3,467 Messages
    4,034 Likes Received
    Party like its 1999. :flagwave:
  7. JohnnyTheFox

    JohnnyTheFox Achilleslastand

    6,166 Messages
    8,980 Likes Received
    This is easy, I would up an vanish. No question...….
    Xelda, ColoCowboy, cowboyec and 4 others like this.
  8. Hardline

    Hardline Well-Known Member

    10,761 Messages
    17,204 Likes Received
    Hire an attorney and a CPA before I spent a single penny.
    You have to know how to be rich when you become rich.
  9. cowboyec

    cowboyec Well-Known Member

    15,923 Messages
    18,121 Likes Received
    go to the Auction at Graceland during Elvis Week and get something KICK-***!!!!!!
  10. Sarek

    Sarek Povar

    5,252 Messages
    8,179 Likes Received
    I would invest very conservatively for the first couple of years until i understood economics properly, then i would make more moderate investments. I would not buy any kind of boat and i would not buy anything that requires very expensive upkeep. Remember your emotions are probably leading you to make wrong choices, for instance if you don't know much about buying or owning a home you should probably start by not buying anything and doing a year or more of research before just buying something you like because it looks good or you like the location. As far as friendships go you should expect that many of those people will now become somewhat emotionally unstable in front of you (their acting) to try and convince you that they need money and that you should give it, very big mistake don't give it, if you do give it they will be looking to get more from you soon enough.

    Simple rule of thumb or what have you is that if you can't handle your own emotions you probably also can't handle 100 million.
    Xelda, csirl, The Dark Bishop and 3 others like this.
  11. darthseinfeld

    darthseinfeld Cowboys Fan since 1949. Zone Supporter

    17,786 Messages
    17,723 Likes Received
    I'd build a modest but nice on on a peice of land that I can build more on. Would probably get a really nice car too because I would spend alot of time in. However that would be about it until how to expand my income. 100 million dollars doesn't keep you from needing money coming in. However it gives you an opportunity to bring in even more money. That would be my main priority

    In short: I would spoil myself with couple of very nice necessities (however the house would be modest enough to not require staffing), and the spending the rest of my attention building more capital
    Xelda, csirl, The Dark Bishop and 3 others like this.
  12. SlammedZero

    SlammedZero Well-Known Member

    7,013 Messages
    17,315 Likes Received
    First thing I do is drive down to the closest dealership and at very least buy me a brand new Corvette. Look, if I'm going to be rich I got to look good doing it. :D

    To be honest I'm not a super flashy person, but, I do love cars. Slight chance I bankrupt myself trying to pull a Jay Leno. :laugh:
    Xelda, rags747, Roadtrip635 and 3 others like this.
  13. BooBooBear

    BooBooBear Well-Known Member

    538 Messages
    881 Likes Received
    Hundred mil minus taxes and agent fees? That's like 45 million. I'd spend 5 mil and invest 40 which would give me 2.5 - 3.5 million per year after taxes and wealth management fees. That would be more than enough for me.

    The original question was what's the first thing I'd buy. Probably order a custom Range Rover.
  14. kskboys

    kskboys Well-Known Member

    17,627 Messages
    19,874 Likes Received
    1. Pay off all bills.
    2. Take around 10 mil and put it away w/ around 2% of the increase being deposited into an account for me to live on and spend. That equals over $15,000/month.
    3. Set up 2 accounts w/ around 5 mil each for my two kids to get the interest off of.
    4. Set up around 10 accounts w/ 1 mill in each for my sisters and top friends to get the interest off of.
    5. Give generously to charities of mine and my wife's choices. 5 mil.

    Let's see, that's 35 mil. I'd get around 60 mil after taxes, so that means I'd have around 25 mil after all my plans have been laid. Prolly simply invest the rest into very safe places, as I already have more than enough. I would waste a bit, prolly invite family and friends to Vegas and give each about 5 grand.

    I'd take around a mill and have fun giving it away. Maybe pick a person on the street and pay off all their outstanding bills. Maybe find someone who really deserves a house and buy them one. I'd definitely help vets, give generously to the children's hospitals. It'd be fun to find some people who really need an operation or something of that nature and give it to them.

    Honestly, money is only good if you do good w/ it.
  15. CyberB0b

    CyberB0b Village Idiot

    10,145 Messages
    10,274 Likes Received
    2 chicks at once.
  16. NorthoftheRedRiver

    NorthoftheRedRiver Well-Known Member

    234 Messages
    286 Likes Received
    I'd probably just blow it on carbon credits.
    smitty313 and BooBooBear like this.
  17. CF74

    CF74 Vet Min Plus

    25,663 Messages
    14,082 Likes Received
    Take some stock market courses so I can turn it into $Bazillions, then buy the Cowboys so We can run it from the Zone!!!:yourock:
    Xelda, lukin2006, jwooten15 and 3 others like this.
  18. bb721

    bb721 Well-Known Member

    827 Messages
    1,068 Likes Received
    Wait. What? It’s literally like having a job that will pay you a million dollars a year for the next hundred years. Or 2 million a year for the next 50 years, however you want to break it down. And you’re saying that’s not enough, you need more coming in? :facepalm:
  19. Tabascocat

    Tabascocat Dexternjack Zone Supporter

    19,490 Messages
    21,465 Likes Received
    Some of us like to buy nice things.....it takes money to blow money :muttley:
    Xelda and JohnnyTheFox like this.
  20. Hoofbite

    Hoofbite Well-Known Member

    36,736 Messages
    6,461 Likes Received
    Almost have to question if the person has an understanding of the amount.
    Xelda and JohnnyTheFox like this.

Share This Page