What would you do with $50M?

[jayswin]

Originally Posted by frinkprof

Pretty much. I think a lot of people would try, but it would take one bad day at work for you to quit. Don't most people think about quitting their jobs several times a day? Besides, I think your work relationships would change once people found out you won the lotto. It probably would be unpleasant working with people that resented you.

Not to mention, people complain about all the sob stories and requests for money. Imagine how many more you'd have if you were going to an office/place of employment full of people thinking that they have a chance of getting some money off you?

[squiggs96]

Originally Posted by jar_e

Wouldn't that essentially be your debit card? And really, if your putting things on credit after winning 50 mil....

Of course I'd still use my credit card. With the points I earn, I can keep my hard earned $50M in my pockets. There is no use paying cash for the latest fashion or a front door key to the Playboy mansion. Even though the girls will come easy and the drugs come cheap, there is no need to snub VISA.

[photon]

Originally Posted by FlaminFeva

there's no way to upload a photo from my HD? I have the greatest way to spend 50 million but it's on my HD.

www.imgur.com

[Tron_fdc]

Bathe in it, Scrooge Mcduck style.

[dissentowner]

Buy up a bunch of Rainforest and make it off limits to humans.
Buy a new house, nothing fancy
Tesla Roadster here I come!
Build a new local animal shelter, the current one is crap.

[Azure]

Invest $10 million in real estate.

Spend $25 million on a ranch in Colorado.

Allocate $20,000 to CP.

Buy a suite at Flames games and let kids from the Children's Hospital see games throughout the year.

Donate $2.5 million to the hospital here in town.

Use $2 million to build a huge arena here in town with two rinks.

But new MRI machines for 5 hospitals across Alberta.

[squiggs96]

Buy a Subway that would have the employees cut the bread the old way in the V cut so it would hold my meatballs in. I'd also get them to tesselate the cheese prior to July 1st.

[TheyCallMeBruce]

I'd buy used dodge neon and a townhouse in Dover!

[CaptainCrunch]

[Azure]

"Are you kidding me? I'd kill you for a Klondike bar."

[SebC]

Buy an annuity/dividend funds and live off the income.

I think the last thing I'd want to do is take on a lot of risk by starting my own business with it.

[red sky]

Putting 25 million away at 1% rate gives you $250,000 a year. With debts paid off you could easily live off interest. Getting 6% is $1.5 million. It would be pretty easy to live off that.

[CaptainCrunch]

Originally Posted by SebC

Buy an annuity/dividend funds and live off the income.

I think the last thing I'd want to do is take on a lot of risk by starting my own business with it.

Even if you depositited it in a savings account and got half a percent interest your still piling in a quarta million a year.

To not work.

[Wookie]

I'd leave Calgary. Probably the first thing I'd do. Well, after cashing the cheque. Then I'd leave Calgary.

Probably would go to Hawaii. Then make all my decisions while there.

[FanIn80]

Pay off my tuition. (education)
Buy a Mini. (ride)
Buy a nice penthouse suite downtown. (crib)
Buy some commercial property and build my own tech store, selling only the things I myself would buy. (hobby)

Put ten million into real estate. (holdings)
Put ten million into some high risk funds. (big money)
Put ten million into some low risk funds. (no whammies)
Put five million into a "fun" account for playing the market. (hobby)

Give the rest to my family. (conscience)


Edit: Actually, I'd probably drop a few hundred grand on buying my way past the waiting list for U of C. Either way, I'd still get my degree... but I'd rather it be from U of C than DeVry. I could go even further and try for McGill or Queens or whatever, but I don't really need to get that crazy. Plus I'd still want to stay in Calgary.

[FlaminFeva]

I'd take everyone on this board on my new yaht.

[wpgflamesfan]

First thing I'd do is set up a growing annuity that would guarantee me a great income for the rest of my life. Next i'd buy myself a small but really nice condo in Scottsdale, AZ. I'd buy a Ford F150 and an Aston Martin. I'd enroll at Arizona State take like 2 classes a semester and finnish my business degree down there. I'd buy season tickets for the Oregon Ducks football team and fly up to Eugene every week for the games. I'd golf alot more and spend alot more time cooking. I'd also travel a bit, and rather donate money to charities I'd rather do some work myself.

As for family my parents plan on having a house in Kelowna and Scottsdale, so I'd help them out with that. I'd probably take my dad on a nice fishing trip every year, and take my mom somewhere hot. I'd get my sister in a private school for the last two years of highschool and then pay for her university. I'd do something nice for my grandparents to, although I doubt either one of them would want a new house.

For friends, there's a close group that I would treat to some vacations every once and awhile and allow to stay with me whenever they wanted.

If I got bored maybe i'd day trade a little.

[Cactus Jack]

The correct answer is pay for a proper server for CP.

Originally Posted by MacDaddy77

It has always been my dream to own a Scuba/Deep Sea fishing operation.

I would probably buy a nice one in the Caymans.

My wife and i just about packed it in a couple of years ago and bought one in Roatan Honduras. This weather always makes me regret not doing it

I am thinking of doing this in Brazil in the coming years

[hkstylez]

buy a house, give some to family and go on vacation, than put it all in the bank. Possibly start up a bubble tea shop.

[malcolmk14]

First thing I would do is go out and acquire the services of a trauma counselor. Winning a huge amount of money like that can change the way you think, even if you think it won't. I'd do whatever I could to stay grounded and in a stable frame of mind to treat the money properly.

I'd buy a house somewhere in Calgary, outside of the city. Nothing too extravagant, but comfortable, in the $2-2.5 M range.

I'd buy a house in Kelowna, spend a little more to be on the lake, maybe $5-6 M.

I would give each of my parents a million, and pay for my sister's university. When she graduates, she could have her million too.

I'd set up education funds for my younger siblings, one is 7 years old and the other is 6 months old right now.

I'm sure my social circle would grow a little bit and chances are good most of the new additions would be big breasted, naive, blonde girls aged 18-25.

Buy a couple cars, some cool gadgets for my houses, a couple toys like a boat and a couple jetski's, and live out my days golfing, taking friends on trips, and makin' it rain in the club like Pacman.