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You win $330 million dollars! What's your first purchase?

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  #21  
Old 01-04-2011 | 11:21 PM
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Originally Posted by warthogdriver
get a financial planner....buy every car ever wanted to work on...very nice shop.
setup trusts for kids...and vaca the rest of my life away. take care of immediate family..VERY immediate family.

i think that statement is (across the board) a given!


Originally Posted by mdehoogh
To you guys living in Canada, how much in taxes does the government take from your winnings?
Jonathan & Brad are correct, we pay nothing! you guys forgot to do your happy dance!


but we do pay taxes on any interest our investments make, or interest incurred @ the bank.

but with the right investments, it'll all take care of itself.
 
  #22  
Old 01-05-2011 | 07:34 AM
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1. Pay off my parents debts because they have done so much for me
2. Pay off my girlfriend and I's debt
3. Buy a house so I don't have to rent anymore - nothing too extravagant
4. Pick up a Corvette ZR1 and buy back my 2000 SS Camaro I recently sold
5. Throw some money my brother and sisters way
6. Buy a few other fun toys
7. Put enough away for my son's college (he's only 8 months old now, ha)
8. Put the rest in savings (for the time being) and invest a good portion
 

Last edited by Longer02; 01-05-2011 at 07:39 AM.
  #23  
Old 01-05-2011 | 07:48 AM
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Redneck mansion, tractors, half chopped up chevys, boats, porch swangs, everything broken down to fix and for decoration (no fords EVER).

English Bull dogs, pure breeds

Bags and 17" rims for the blazer

A lawyer, financial advisor, proxy auction bidder

k5 blazer, 5 spd blazer, A garage, Arsenal, Back yard Pond, Mud pit, Buick Grand National GNX.

Get married, bank the rest, save for a long fun retirement, keep working at the grocery store even though i hate it, i'ma keep working at least until i'm 40

Take care of my parents, cousins, My Uncle because he works two jobs owns his own vending machine business and has gone through a lot in his life, Take care of my grandparents, Donate 10 Million to Feed the Starving people in africa, and all of my local and across america no kill shelters on condition i quit seeing those commercials late at night. And take care of my grandpa that lives out in the sticks, he's taught me a lot about life and how to live it

Live happily out in the sticks like a normal person, with a lot of money
 

Last edited by 97CountryJukeboxLt; 01-05-2011 at 07:51 AM. Reason: Adding
  #24  
Old 01-05-2011 | 11:42 AM
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1. Pay off my debt
2. Pay off dad's debt
3. Pay off in-laws debt
4. Put away a good chunk of it for the kids
5. buy a bunch of land and relocate all 3 families there
6. Decent garage
7. 66 Nova SS
8. Help out close family
9. Take the family on a vacation
10. Invest some
 
  #25  
Old 01-05-2011 | 12:50 PM
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oh i forgot to add...with that much cash i would have to celebrate...drop a ton of cash for a kick *** party for my and all my family and friends..hmm...rent out an tropical island for a week and fly everyone out there on a PJ? haha
 
  #26  
Old 01-05-2011 | 03:40 PM
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I have always said If I won the lottery I would quarter the money up.

1/4 would go into the bank for long term very low risk investing.
1/4 would go into hard in hand investments( Houses, rare cars, gold, etc etc)
1/4 would go into investing into business's( build my dream 40,000sf shop, wifes book stores, than invest in any business my family members wanted to start, Also each nease and nephew would get $250,000 into a bank account for when they turn 18 either college or start there own business)
1/4 would be to blow(cars, watches, boats, sand rails, pretty much any thing)

If I would have been the only winner to last nights lottery it would have been about 35 million per quarter.
 
  #27  
Old 01-06-2011 | 01:40 AM
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Default The Millionaire Attitude

Mojambus.
One of the attitudes of self-made millionaires is their ability to make their fortune by developing self confidence. Possessing self confidence to your peers and those around you is an
http://www.mojambus.com
 
  #28  
Old 01-06-2011 | 02:04 AM
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For the most part I agree except for hiring the financial planner, don't need one. Simply put i can use the rule of 72 to be able to figure out when my money will double according to the interest rate that I'm getting. For example if you're getting an interest rate of say 12% on a mutual fund, then that means that in six years your money will double. I would hire an accountant, or tax professional (as I could use one now).

After helping out family and a few friends, I would buy a decent house, Ford Raptor, new fishing gear, couple of guns and rifles and I'm a happy man. The rest of the money would be split up into savings, mutual funds, trust funds, anything that would pay me interest.
 
  #29  
Old 01-06-2011 | 11:36 AM
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first buy ?

a Cup of tea,

then i will think about..................

Bad Bear
 
  #30  
Old 01-06-2011 | 12:30 PM
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Originally Posted by Bad Bear
...a Cup of tea,
then i will think about..................
Nice... They did ask what the first thing you would buy was!

Welcome to the forum, btw.
 


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