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Topic: IF YOU HAD 1,000,000 DOLLARS WHAT WOULD YOU BUY??? - page 22. (Read 16430 times)

legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
1,526 BTC of course!

What else would I want to spend that dirty fiat money on.
sr. member
Activity: 364
Merit: 250
I would take 1/4 of it and go build a school or make a few jobs for people that dont have the same opportunities that we dont have.  I Wanna go give laptops to kids without parents, I want to play secret santa for kids with cancer and would also make a few businesses so I can keep on giving back.  I would jjust wanna live comfortable and help others.
sr. member
Activity: 356
Merit: 250
200.000 towards brothers/parents
200.000 to mortgage
50.000 to solarpower and other self-sufficiency items
50.000 to altcoins
200.000 to btc
25.000 to a new car
125.000 to bitcoin/altcoin mining equipment.
50.000 in silver
100.000 in gold

Would reinvest 3/4 of mining proceeds and would use the other 1/4 of mining proceeds to help cover my expenses.
hero member
Activity: 644
Merit: 500
I would invest in anything I could get my hands on.

I would buy multi family property about a 450k one with no less then 8 units. I would live in one for free and collect rent on the rest, I would wait till next BTC low, buy a 100k in coins or so and sit on the rest of the money.

7 units times 650$ = 4550 - upkeep of 1.5k would give you a income of around 3k a month + free housing Smiley.

Don't you have to pay property taxes every year? And don't forget about security, fixers, etc.
full member
Activity: 224
Merit: 100
I would like to add I would accept rent in  BTC/LTC/DOGE Smiley
legendary
Activity: 858
Merit: 1000
Bitcoin, pay off debts, and a house.
hero member
Activity: 502
Merit: 500
I would buy multi family property about a 450k one with no less then 8 units. I would live in one for free and collect rent on the rest, I would wait till next BTC low, buy a 100k in coins or so and sit on the rest of the money.

7 units times 650$ = 4550 - upkeep of 1.5k would give you a income of around 3k a month + free housing Smiley.

Good also !
full member
Activity: 224
Merit: 100
I would buy multi family property about a 450k one with no less then 8 units. I would live in one for free and collect rent on the rest, I would wait till next BTC low, buy a 100k in coins or so and sit on the rest of the money.

7 units times 650$ = 4550 - upkeep of 1.5k would give you a income of around 3k a month + free housing Smiley.
hero member
Activity: 502
Merit: 500
I think I buy an exceptionnal house
member
Activity: 101
Merit: 10
I would do absolutely nothing with it, other than stick it into a secured bank. FDIC only insures up to $250k, so maybe 4 banks.

Really, in reality, I'd look at CDs / other ways to earn a bit more interest off the money stably. My living expenses are about $20k a year, so if I could generate even 2% annually, I'd be able to live off the interest alone, for now.
Sounds like a good plan!
legendary
Activity: 826
Merit: 1002
amarha
I would do absolutely nothing with it, other than stick it into a secured bank. FDIC only insures up to $250k, so maybe 4 banks.

Really, in reality, I'd look at CDs / other ways to earn a bit more interest off the money stably. My living expenses are about $20k a year, so if I could generate even 2% annually, I'd be able to live off the interest alone, for now.

In the long run it would still be much better to doing something to earn the money to pay your living expenses since it's much better to have that interest compounding and making your more money in the long run. If you just take it all out you end up costing yourself more money in the long run which you'll need eventually at some point in your life anyway since inflation is going to eat away at you year after year.
legendary
Activity: 882
Merit: 1000
I would do absolutely nothing with it, other than stick it into a secured bank. FDIC only insures up to $250k, so maybe 4 banks.

Really, in reality, I'd look at CDs / other ways to earn a bit more interest off the money stably. My living expenses are about $20k a year, so if I could generate even 2% annually, I'd be able to live off the interest alone, for now.
legendary
Activity: 1050
Merit: 1000
..and i would donate to charity.
sr. member
Activity: 434
Merit: 511
I would definitely invest 250k in Bitcoins.
I would buy a 150-250k house, and a nice eco friendly ride.
And maybe a house on Aruba wich we can rent out for some more income.
I guess I still have 400k to spend on expenses or anything i would need after that.
full member
Activity: 306
Merit: 102
A commercial property to rent out.
vip
Activity: 840
Merit: 1000
One million isn't going to do very much for a lot of people living in modern western societies. You could if you really wanted to make a million dollars go far and sustain yourself if you were willing to live in a different country where your dollars have a much higher purchasing power. But a lot of people aren't willing to do that.

In many countries, rich foreigners get targeted by gangs and end up in the river.

Who can live in Thailand for years?  You'll get lonely despite the hookups with European tourists and even the "rent-a-girlfriends" go home to their village for some arranged marriage.




I've lived in Thailand for years. Lots of people live here for years. It's a pretty high quality of life. There's lots of different areas in Thailand that cater to different styles of living. One million dollars here isn't going to make you some kind of target. There's very little crime here. Plus no one knows how much money you have or don't have.

well unless you drive a lambo around  Wink

Don't some people import the parts and assemble them in country in order to avoid the massive tax on imported sports cars? Or did they end up clamping down on that?

well, the law is a gray area here in thailand. but for the most part yes they will fuck with you unless you pay them off or have the right connections.

also thailand is soo messed up politicly having the right connections can change over night.
legendary
Activity: 826
Merit: 1002
amarha
One million isn't going to do very much for a lot of people living in modern western societies. You could if you really wanted to make a million dollars go far and sustain yourself if you were willing to live in a different country where your dollars have a much higher purchasing power. But a lot of people aren't willing to do that.

In many countries, rich foreigners get targeted by gangs and end up in the river.

Who can live in Thailand for years?  You'll get lonely despite the hookups with European tourists and even the "rent-a-girlfriends" go home to their village for some arranged marriage.




I've lived in Thailand for years. Lots of people live here for years. It's a pretty high quality of life. There's lots of different areas in Thailand that cater to different styles of living. One million dollars here isn't going to make you some kind of target. There's very little crime here. Plus no one knows how much money you have or don't have.

well unless you drive a lambo around  Wink

Don't some people import the parts and assemble them in country in order to avoid the massive tax on imported sports cars? Or did they end up clamping down on that?
vip
Activity: 840
Merit: 1000
One million isn't going to do very much for a lot of people living in modern western societies. You could if you really wanted to make a million dollars go far and sustain yourself if you were willing to live in a different country where your dollars have a much higher purchasing power. But a lot of people aren't willing to do that.

In many countries, rich foreigners get targeted by gangs and end up in the river.

Who can live in Thailand for years?  You'll get lonely despite the hookups with European tourists and even the "rent-a-girlfriends" go home to their village for some arranged marriage.




I've lived in Thailand for years. Lots of people live here for years. It's a pretty high quality of life. There's lots of different areas in Thailand that cater to different styles of living. One million dollars here isn't going to make you some kind of target. There's very little crime here. Plus no one knows how much money you have or don't have.

well unless you drive a lambo around  Wink
legendary
Activity: 826
Merit: 1002
amarha
One million isn't going to do very much for a lot of people living in modern western societies. You could if you really wanted to make a million dollars go far and sustain yourself if you were willing to live in a different country where your dollars have a much higher purchasing power. But a lot of people aren't willing to do that.

In many countries, rich foreigners get targeted by gangs and end up in the river.

Who can live in Thailand for years?  You'll get lonely despite the hookups with European tourists and even the "rent-a-girlfriends" go home to their village for some arranged marriage.




I've lived in Thailand for years. Lots of people live here for years. It's a pretty high quality of life. There's lots of different areas in Thailand that cater to different styles of living. One million dollars here isn't going to make you some kind of target. There's very little crime here. Plus no one knows how much money you have or don't have.
vip
Activity: 840
Merit: 1000
One million isn't going to do very much for a lot of people living in modern western societies. You could if you really wanted to make a million dollars go far and sustain yourself if you were willing to live in a different country where your dollars have a much higher purchasing power. But a lot of people aren't willing to do that.

In many countries, rich foreigners get targeted by gangs and end up in the river.

Who can live in Thailand for years?  You'll get lonely despite the hookups with European tourists and even the "rent-a-girlfriends" go home to their village for some arranged marriage.



Yes who can live in Thailand for years...   Your understanding of the world and people is lulz
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