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If you had a million dollars...

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Old 04-24-2007, 04:41 PM   #46
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Re: If you had a million dollars...

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Originally Posted by pdid5000 View Post
Buy a house, 07 Chevy Tahoe, 07 Honda CBR 1000, and invest the rest which would be about $600,000.
I honestly would just pay off my bills, all of them ($220k or so), buy a brand new Corvette, and invest the rest so I would never have to work again, other than own my own business.
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Old 04-24-2007, 04:52 PM   #47
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Re: If you had a million dollars...

I'd pay off all my bills, invest heavily, and probably go back to school while working part-time.
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Old 04-24-2007, 05:01 PM   #48
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Re: If you had a million dollars...

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I'd pay off all my bills, invest heavily, and probably go back to school while working part-time.
I'd also give some to friends and family...forgot to say that.

I thought you had a masters matty?
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Old 04-24-2007, 05:10 PM   #49
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Re: If you had a million dollars...

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I'd also give some to friends and family...forgot to say that.

I thought you had a masters matty?
I do but with $1M in the bank I'd go back and do something fun, maybe cooking school so I could open my own joint.
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Old 04-24-2007, 05:28 PM   #50
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Re: If you had a million dollars...

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I do but with $1M in the bank I'd go back and do something fun, maybe cooking school so I could open my own joint.
Oh ok. A specialty school.
I gotta tell you, after I got my masters, I breathed a huge sigh or relief, cause I knew I'd never have to do that again.

ps- owning / operating a restaurant is a stressful thing. Trust me on this one. I actually quit Chili's not too long ago because of it. It also hurt that my boss would rival anyone for worlds worst boss. I did it for a couple years, and I was good at it, but the constant long hours and inconsistant hours, plus the ineptitude of employees were very stressful. I am actually going to be the new GM for Alltel and I'll make about 15k more a year than at Chili's and work at least 20 fewer hours a week. I have off all this week and don't start til the 1st. What a stress load off my back!
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Old 04-24-2007, 05:42 PM   #51
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Re: If you had a million dollars...

You gonna take us all to Jacksonville Jaguars games now, jsarno?
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Old 04-24-2007, 05:47 PM   #52
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Re: If you had a million dollars...

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You gonna take us all to Jacksonville Jaguars games now, jsarno?
Why Jaguars?
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Old 04-24-2007, 05:59 PM   #53
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Re: If you had a million dollars...

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Why Jaguars?
Because I said so! Three months Cactus Boy!!!

and because the Jaguars play in Alltel Stadium
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Old 04-24-2007, 06:05 PM   #54
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Re: If you had a million dollars...

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Because I said so! Three months Cactus Boy!!!

and because the Jaguars play in Alltel Stadium
HAHA. I forgot about that. I wonder if I could squeeze out some perks?
I've heard they give away tickets for NASCAR. Ryan Newman drives the Alltel car. I've never been to a NASCAR event...that would be fun. But I am a Jeff Gordon fan, so to wear Ryan Newman clothing might not be in me.
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Old 04-24-2007, 07:54 PM   #55
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Re: If you had a million dollars...

1 mil tax free ~invest, I know some vehicles and because I do this stuff for a living I could live of the commisions and residule for a month or 2
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Old 04-24-2007, 08:30 PM   #56
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Re: If you had a million dollars...

Pay off the house and car, buy one or two McDonald's and hire some dude to be the manager.

Either that or I'd seriously consider giving out 10k to 90 needy families and keeping 100K for myself to invest.
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Old 04-25-2007, 01:34 AM   #57
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Re: If you had a million dollars...

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Actually, depending on how much income you wanted, you really could retire on a million if you could live life simply.

Put that million in a bond fund that returns about 6% on average, and you're grossing $60,000 per year without even having to tap into your principal.

You'd have to buy health insurance on your own which is expensive (but some people do that already). And you'd need to pay taxes on the $60,000 income. But it could be done.

Though I'll agree, you're much better off socking it away for a while, letting it double or triple, and then retiring on it.

Whose bonds are you buying at 6% yield? Oh and you can buy tax free bonds but they definitely don't pay 6%.
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Old 04-25-2007, 01:37 AM   #58
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Re: If you had a million dollars...

I'd pay for hooskins mom's plastic surgery!
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Old 04-25-2007, 04:09 AM   #59
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Re: If you had a million dollars...

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I'd pay for hooskins mom's plastic surgery!
ouch lol...
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Old 04-25-2007, 04:12 AM   #60
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Re: If you had a million dollars...

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ouch lol...
Thought you might like that.
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