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What Would You Do With $100M?

xntrq

By xntrq,
in New South Wales

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BlackTemplar Rising Star

BlackTemplar

Posted
Posted

Its funny how people talk about investing in houses and stuff like that, but when you look at it, even if the bank will only offer you 0.5% p.a. return interest on your 100mil, thats 500K that you earn in interest every year, and even if the government takes 50% in tax off that, i could still comfortably live off 250K a year without the headache of worrying about where my money was being invested into.

Even after a few years you will run out of things to buy or spend money on, unless you just start buying rediculous shit that you will never need.

well more like 3% - 5% depending on the fixed term and bank

I would give some money to my family, because we have never been well off and then term deposit the rest

Im only young, so as I get older I would slowly build up a share/property/car/plane :yes: portfolio

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R32GOJIRA Mentor

R32GOJIRA

Posted
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well more like 3% - 5% depending on the fixed term and bank

I would give some money to my family, because we have never been well off and then term deposit the rest

Im only young, so as I get older I would slowly build up a share/property/car/plane :yes: portfolio

Yeah, i was just saying that even at a measly 0.5% you would make decent money.

Im sure if you went to a major bank and said i have 100mil to deposit, what are you going to do for me? They would probably do even better than 3 to 5%. And in saying that im sure anyone would agree that you could live very, VERY comfortably off that sort of interest...... Well at least i definately know i could.

Here's a deal, if anyone on here wins it, they can keep the 100mil, ill just have your interest returns for the next 10 years and then you can keep it. Deal? ok deal lol. :P

NYTSKY Grand Master

NYTSKY

Posted
Posted

...until AFTER the divorce settlement - and THEN claim the money? :P

Aaah, the dog (man's best friend) will love you - no less & no more than - after your win!

Lol Terry, wife will stay. I would make it my little personal game to see how well I could keep 100m under wraps.

T4NK Experienced

T4NK

Posted
Posted

well lets all make a pact, if someone from SAU NSW wins they will build a race track and fit out the new club house all race spec and shit hahaha.

If i was to win, 1 would 1st buy an appartment complex, live on in the penthouse and rent the rest of the building out, make the gorund floor my own personal garrage, or even have a 3 lvl basement, lvl 1 garrage, lvl 2 underground night club, lvl 3 carpark.

m.j.h Mentor

m.j.h

Posted
Posted

well lets all make a pact, if someone from SAU NSW wins they will build a race track and fit out the new club house all race spec and shit hahaha.

If i was to win, 1 would 1st buy an appartment complex, live on in the penthouse and rent the rest of the building out, make the gorund floor my own personal garrage, or even have a 3 lvl basement, lvl 1 garrage, lvl 2 underground night club, lvl 3 carpark.

You forgot about a dungeon man

JGTC Proficient

JGTC

Posted
Posted (edited)

IRL, 100mil would for the most part be a curse on most people's mentality/psychology - having all that money at once would create (for most people) a false sense of financial security - would be crazy

would i say no? absolutely not, but you would want to take a snap shot of your current life because it just would not be the same after 100mil - for better or worse

would also be super selective of who i told about the money, as well as how much money i won (bar my mum i''d be hard pressed to tell anyone else i won the full 100mil)

would do stupid shit like buy a Z-tune/E-type Jag/Shelby GT500KR and daily drive them and get a warehouse/house like Jay Leno and fill it up

Edited by squareznboxez
PN-Mad Grand Master

PN-Mad

Posted
Posted

Tuesday- was on teh news.

And constant lolz at co-worker who buy lotto tickets in the vain hope they will finally win something. Its as mindlessly pointless as poker machines to me.

xntrq Veteran

xntrq

Posted
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well lets all make a pact, if someone from SAU NSW wins they will build a race track and fit out the new club house all race spec and shit hahaha.

If i was to win, 1 would 1st buy an appartment complex, live on in the penthouse and rent the rest of the building out, make the gorund floor my own personal garrage, or even have a 3 lvl basement, lvl 1 garrage, lvl 2 underground night club, lvl 3 carpark.

Perhaps each member should donate $5K, go in for a System 20 with 50 games, cost? $4M just for tickets. We all win, split even and build a 1000 SQM club house, fully furnished and a outback track.

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