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One person has won the entire $70 million OZ Lotto jackpot; What would you honestly do with all that money?
Topic Started: 17 Dec 2013, 11:14 PM (3,231 Views)
GloomBoomDoom
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http://www.news.com.au/lifestyle/real-life/one-person-has-won-the-entire-70-million-oz-lotto-jackpot/story-fnixwvgh-1226785382782

What would make you happy if you fell in to a cool 70 mil? How would you spend it?
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herbie
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I want ta take me time ta think this through - Have always felt important decisions are best not rushed.
So working on 100 bucks a day on a reasonable bottle of single malt plus another 200 on 'entertainment' (hey, I'm an older man now! :D ), just how many days have I got ta consider me various options/procrastinate before waving goodbye ta 5% of the principal over the period just could be thought of as 'wasting' it? :re:
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
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stinkbug
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I'd invest the lot in a conservative, yield oriented portfolio, pay down my debts, then spend the res of my life finding worthy causes to give the yield away to.

The goodwill and positivity that could be achieved with such a win far exceeds the value of personal gain.
Edited by stinkbug, 18 Dec 2013, 12:38 AM.
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While it's true that those who win never quit, and those who quit never win, those who never win and never quit are idiots.

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Sober
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Move to Monaco or Singapore to protect the capital, setting up multi-generational trust funds in the process. Buy one decent villa and one Ferrari (cuz why not?) for me and the wife, and invest the rest of my time and money in backing the kids and (future) grandkids. "Father/Grandpa VC" would be a short-hand for this approach.

Frankly, I wouldn't devote much to charity in the beginning; I'd rather try my hand at increasing such a fortune for awhile, before giving substantial bequests during my retirement years.

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goldbug
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stinkbug
18 Dec 2013, 12:38 AM
I'd invest the lot in a conservative, yield oriented portfolio, pay down my debts, then spend the res of my life finding worthy causes to give the yield away to.

The goodwill and positivity that could be achieved with such a win far exceeds the value of personal gain.
A worthy ideal stinkbug, but I suspect if the cash was in your bank you might decide to buy a couple of very expensive cars to allow you to "quickly" spread that goodwill around lol.

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Shadow was hopelessly wrong about the Gold Bull Market.
What else is he wrong about?
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themoops
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I would sit on my ass. I would do nothing.

The funny thing is you still wouldn't even be able to afford the best properties Sydney could offer. Well you could but only be left over with about 20m. :lol

But diddums you could still get something fantastic.
stinkbug
18 Dec 2013, 12:38 AM
I'd invest the lot in a conservative, yield oriented portfolio, pay down my debts, then spend the res of my life finding worthy causes to give the yield away to.

The goodwill and positivity that could be achieved with such a win far exceeds the value of personal gain.
If you actually gave a shat about the po, you could simply sell ur ips now. :re:
Edited by themoops, 18 Dec 2013, 05:23 AM.
stinkbug omosessuale


Frank Castle is a liar and a criminal. He will often deliberately take people out of context and use straw man arguments.
Frank finally and unintentionally gives it up and admits he got where he is, primarily via dumb luck!
See here
Property will be 50-70% off by 2016.
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Frank Castle
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Business As Usual

I'd hire a private Investigator to track down where moops lives and i'd buy that property and jack the cnts rent up as fast and as often as I could and if he moved, I would buy that place and do the same, rinse and repeat.
As soon as he moved out, rent would drop back to fair market rate to attract a better class of tenant

Just for shits and giggles :lol

Edited by Frank Castle, 18 Dec 2013, 07:02 AM.
Ignore posts by The Whole Truth · View Post · End Ignoring
The forum fuckwit goes RRRAAARRRGGHHhhh - But not a fuck was given..................by anyone.
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newjez
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Sober
18 Dec 2013, 03:18 AM
Move to Monaco or Singapore to protect the capital, setting up multi-generational trust funds in the process. Buy one decent villa and one Ferrari (cuz why not?) for me and the wife, and invest the rest of my time and money in backing the kids and (future) grandkids. "Father/Grandpa VC" would be a short-hand for this approach.

Frankly, I wouldn't devote much to charity in the beginning; I'd rather try my hand at increasing such a fortune for awhile, before giving substantial bequests during my retirement years.

I would do similar. You could guarantee you families security for generations. But I would make them achieve for the money. I wouldn't want them turning into Gina's kids.

Two exceptions. Porsche not Ferrari. Plus I would find the bastard who made me redundant, buy the houses either side and move moops and his mates in to drive him nuts. Then when he moves, buy his house up cheap and repeat.
Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
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stinkbug
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themoops
18 Dec 2013, 05:22 AM

If you actually gave a shat about the po, you could simply sell ur ips now. :re:
What makes you think I don't support charitable causes now...? :re:
---------------------------------------------------------------

While it's true that those who win never quit, and those who quit never win, those who never win and never quit are idiots.

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themoops
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stinkbug
18 Dec 2013, 07:58 AM
What makes you think I don't support charitable causes now...? :re:
You give a pissy bit of money while taking it from them via housing.

Aren't you just Jesus then. :lol
newjez
18 Dec 2013, 07:20 AM
I would do similar. You could guarantee you families security for generations. But I would make them achieve for the money. I wouldn't want them turning into Gina's kids.

Two exceptions. Porsche not Ferrari. Plus I would find the bastard who made me redundant, buy the houses either side and move moops and his mates in to drive him nuts. Then when he moves, buy his house up cheap and repeat.
I'm actually quite quiet, except when I'm swearing. But I don't think it's that loud. I hate noise actually. My pet hate is yappy dogs.

I'm not sure if I'd do anything malicious to anyone. You'd certainly have a lot to lose and probably wouldn't want to piss anyone off. :D
Edited by themoops, 18 Dec 2013, 08:28 AM.
stinkbug omosessuale


Frank Castle is a liar and a criminal. He will often deliberately take people out of context and use straw man arguments.
Frank finally and unintentionally gives it up and admits he got where he is, primarily via dumb luck!
See here
Property will be 50-70% off by 2016.
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