MUFC 1,503 Posted June 20, 2019 Share Posted June 20, 2019 At one time the question would be what would you do with a million, but overtime the amount increases as some people would blow a million within a year. Obviously you sort the family and close friends out first, but that aside here is my list in non-priority order. 1.Gut my Grandmas house and do it up from scratch, rather then doing it bit by bit as we are now. 2.Try to buy another house on our street, preferably next door. 3.Give to charity. 4.Buy a desktop with double screen. 5.Go to every Grand Prix race for the remainder of the season, turning it into a continuous holiday. Link to comment Share on other sites More sharing options...
Harry 1,437 Posted June 20, 2019 Share Posted June 20, 2019 Buy a sexy beach house in Sorrento that would become a summer staple for family and friends to come and stay with us over the summer. Book my kids in for a private school Give 200k to each of my siblings Take a family holiday to far north Queensland and stay in a presidential suite Go to a casino with $100k in cash, wearing a $5000 custom made tuxedo and a few cigars with the intention of losing it all in a night as a high roller. Link to comment Share on other sites More sharing options...
MUFC 1,503 Posted June 20, 2019 Author Share Posted June 20, 2019 English pounds lol. Link to comment Share on other sites More sharing options...
Subscriber Mel81x+ 3,613 Posted June 20, 2019 Subscriber Share Posted June 20, 2019 1 hour ago, MUFC said: 4.Buy a desktop with double screen. As an enthusiast level PC builder you don't need 2.5 million for this but that also depends on what you really want to do with it when you're done. Link to comment Share on other sites More sharing options...
Subscriber nudge+ 15,328 Posted June 20, 2019 Subscriber Share Posted June 20, 2019 Invest half of it in something low risk/put it into a high interest saving account and live off it. Travel. I'd love to spend a few months to a few years in every country I go to so having financial resources to do that would be very helpful. I know you said 5 things but that's the only things I know I'd do for sure. I'd probably treat myself to a few nice things along the way but I don't need or want much anyway. I'd also continue working (only part time though). Link to comment Share on other sites More sharing options...
Inverted 1,776 Posted June 20, 2019 Share Posted June 20, 2019 Pay off my parents' mortgage. Buy a flat. Take the fam on a big holiday. Buy one or two stupid, indulgent things like some instruments. Buy a little car, something economical. The rest I'd put away. I've got a job lined up anyway so I can just use it as a rainy day/early retirement fund, or draw a bit out for a holiday here or there. Link to comment Share on other sites More sharing options...
Subscriber Mel81x+ 3,613 Posted June 20, 2019 Subscriber Share Posted June 20, 2019 6 minutes ago, nudge said: Invest half of it in something low risk/put it into a high interest saving account and live off it. Travel. I'd love to spend a few months to a few years in every country I go to so having financial resources to do that would be very helpful. I know you said 5 things but that's the only things I know I'd do for sure. I'd probably treat myself to a few nice things along the way but I don't need or want much anyway. I'd also continue working (only part time though). Figured you'd buy a distillery and live off the produce from it for years to come. Link to comment Share on other sites More sharing options...
Subscriber nudge+ 15,328 Posted June 20, 2019 Subscriber Share Posted June 20, 2019 1 minute ago, Mel81x said: Figured you'd buy a distillery and live off the produce from it for years to come. Too much risk; I reckon I'd consume most of the produce myself Link to comment Share on other sites More sharing options...
Subscriber CaaC (John)+ 5,360 Posted June 20, 2019 Subscriber Share Posted June 20, 2019 Never mind naming 5 things, all I would is make sure the all the family is secure and open accounts for our 3 grandsons and whack in £100.000 each and stipulate they cannot touch the money until they are 25 years old, the interest over the years would grow. Then we would buy a cottage in the Scottish countryside and I would build an observatory with a massive telescope so I could sit and relax and look at the heavens above. Link to comment Share on other sites More sharing options...
MUFC 1,503 Posted June 20, 2019 Author Share Posted June 20, 2019 Would anyone buy a mansion like in Eyes Wide Shut? Link to comment Share on other sites More sharing options...
Subscriber nudge+ 15,328 Posted June 20, 2019 Subscriber Share Posted June 20, 2019 5 minutes ago, MUFC said: Would anyone buy a mansion like in Eyes Wide Shut? No. The only property I could be tempted to buy is a condo in Pattaya Link to comment Share on other sites More sharing options...
Subscriber RandoEFC+ 7,664 Posted June 20, 2019 Subscriber Share Posted June 20, 2019 Keep around £100k in my savings and give the rest to charity. Link to comment Share on other sites More sharing options...
Subscriber JoshBRFC+ 1,388 Posted June 20, 2019 Subscriber Share Posted June 20, 2019 Fuck charity I wouldn't be giving any to charity, that's for sure. I'd be giving to my family/friends who i love and actually have a connection with. Link to comment Share on other sites More sharing options...
Cicero 5,267 Posted June 20, 2019 Share Posted June 20, 2019 1. Pay off remaining debt 2. Invest in real estate 3. Send money to immediate family members 4. Put a large portion in savings 5. Donate the rest to children's hospitals. Link to comment Share on other sites More sharing options...
Dr. Gonzo 8,190 Posted June 20, 2019 Share Posted June 20, 2019 I'd invest all of it in real estate Link to comment Share on other sites More sharing options...
Administrator Stan 18,386 Posted June 20, 2019 Administrator Share Posted June 20, 2019 In no particular order: Pay off any debts/mortgage and buy a decent sized house for future (for a bigger family etc) Pay off mortgage on properties my mum & dad have and make sure they're well set for retirement Invest in other properties myself around the world Get a box at the KP and other sporting venues like Wembley/Lords/Twickenham Could afford to take time off work and go on a huge holiday at top class places with family/friends. Link to comment Share on other sites More sharing options...
MUFC 1,503 Posted June 20, 2019 Author Share Posted June 20, 2019 Stan you beat me to it, was going to ask everyone which would be your first choice destination to buy a property? I would go for either Dubai or Venice. Link to comment Share on other sites More sharing options...
Administrator Stan 18,386 Posted June 20, 2019 Administrator Share Posted June 20, 2019 32 minutes ago, MUFC said: Stan you beat me to it, was going to ask everyone which would be your first choice destination to buy a property? I would go for either Dubai or Venice. Probably Dubai, Spain, Australia or Italy. Link to comment Share on other sites More sharing options...
Harry 1,437 Posted June 20, 2019 Share Posted June 20, 2019 3 hours ago, RandoEFC said: Keep around £100k in my savings and give the rest to charity. Why give everything away mate? You'd have the potential to provide a better education and quality of life for a future family and or children? Link to comment Share on other sites More sharing options...
Harry 1,437 Posted June 20, 2019 Share Posted June 20, 2019 3 hours ago, JOSHBRFC said: Fuck charity I wouldn't be giving any to charity, that's for sure. I'd be giving to my family/friends who i love and actually have a connection with. I'd look to set up some sort of tangible sustainable funding solution for a cause local to my community, maybe something funded on a recurring basis through interest earned. but without doubt I'd look after my family members too. 2.5m GBP is 5m AUD so would go along way. Link to comment Share on other sites More sharing options...
Harry 1,437 Posted June 20, 2019 Share Posted June 20, 2019 52 minutes ago, MUFC said: Stan you beat me to it, was going to ask everyone which would be your first choice destination to buy a property? I would go for either Dubai or Venice. Dubai? Why on earth? I'd go for Tuscany or Cinque terra. Link to comment Share on other sites More sharing options...
MUFC 1,503 Posted June 20, 2019 Author Share Posted June 20, 2019 Dubai is awesome and is on the rise more each year. The selection of feet from around the globe is electric. Link to comment Share on other sites More sharing options...
Subscriber RandoEFC+ 7,664 Posted June 20, 2019 Subscriber Share Posted June 20, 2019 20 minutes ago, Harry said: Why give everything away mate? You'd have the potential to provide a better education and quality of life for a future family and or children? 100k is enough to cover emergencies and be comfortable. I'd rather my family grew up normal and average in terms of wealth and have a conception of having to earn things rather than any entitlement. I literally don't care about money or materials or cars or whatever, as long as I have enough not to worry about it I'm fine. Link to comment Share on other sites More sharing options...
Toinho 2,210 Posted June 20, 2019 Share Posted June 20, 2019 13 hours ago, nudge said: No. The only property I could be tempted to buy is a condo in Pattaya You love the ladyboys Link to comment Share on other sites More sharing options...
Toinho 2,210 Posted June 20, 2019 Share Posted June 20, 2019 I’d buy my mum and dad a house near the beach, south of Perth. If it’s pounds then I’ve got $5million. $700k-$1million is probably gone from said house. I’d see out the calendar year of work. But then I’d be semi retiring or retiring. I’d invest/high interest compound account a large portion. I’d give to numerous children’s charities in Australia. Treat myself and the missus to a nice long holiday and probably purchase a house and new car (nothing flash for either - not needed). thats probably about it Link to comment Share on other sites More sharing options...
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