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Old 08-30-2006, 08:51 AM
vsjhoc vsjhoc is offline
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Default You Must Spend $1 Million in a Yr.

What would you do with $1m if you had to spend it in one year, starting tomorrow? Assume you have no debt, and you're not allowed to save it or invest it. You will lose any money you haven't spent after 365 days.
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Old 08-30-2006, 08:52 AM
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Default Re: You Must Spend $1 Million in a Yr.

I would buy land around this area, it is going sky high!
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Old 08-30-2006, 09:00 AM
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Default Re: You Must Spend $1 Million in a Yr.

Ima, is that spending or investing?

If I HAD to spend it, I would travel the world with my family. I would look to have as many experiences I could with that money.
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Old 08-30-2006, 09:07 AM
vsjhoc vsjhoc is offline
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Default Re: You Must Spend $1 Million in a Yr.

Quote:
Originally Posted by Ima saver
I would buy land around this area, it is going sky high!
Ima, that's investing. Assume, for the point of this pointless exercise, that you can only buy real estate if you plan to live there, or have a second or summer house, or a place closer to friends/family/beach/mountains/city/whatever.
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Old 08-30-2006, 09:18 AM
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Default Re: You Must Spend $1 Million in a Yr.

I see a few first homes homes in my (3) daughters' futures and one for my parents!!! To equal it out, I would also pay DS's business debts and get him set for life!

and hopefully, DH and I could take that cruise to Alaska that we'd always wanted to take!!!


wow, a million goes pretty quick, doesnt it??
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Old 08-30-2006, 09:25 AM
melissalt melissalt is offline
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Default Re: You Must Spend $1 Million in a Yr.

I would buy a big piece of land with water access and build myself my dream home. I would hire the best kitchen designer in the world to come create a kitchen that would be the envy of the finest chefs, and I would fill it with everything I could possibly need. For the water, I'd buy a simple boat and a few WaveRunners for fun. I would then buy all the jewelry and books (since a fantastic library would be part of my dream home) I've ever wanted. No more remainders or used trade paperbacks -- new fancy hardcovers. As for jewelry, diamonds and alexandrite until my money ran out (if it hadn't already).
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Old 08-30-2006, 09:31 AM
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Default Re: You Must Spend $1 Million in a Yr.

i always buy land thinking i am going to live on it some day. Ok, I would build a mountain view home and buy a small cottage near the ocean that I could use in the winter months.
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Old 08-30-2006, 09:41 AM
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Default Re: You Must Spend $1 Million in a Yr.

Wasn't there a movie years back, with Richard Pryor, where he had to spend X dollars in so many days with nothing to show for it in the end? If he made it, he received even more money?

What was the name of that?
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Old 08-30-2006, 10:01 AM
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Default Re: You Must Spend $1 Million in a Yr.

Brewster's Millions - Good Show.
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Old 08-30-2006, 10:10 AM
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Default Re: You Must Spend $1 Million in a Yr.

Quote:
Originally Posted by txjman
Brewster's Millions - Good Show.
Thanks! That was going to bug me all day!
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Old 08-30-2006, 10:21 AM
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Default Re: You Must Spend $1 Million in a Yr.

Party!!!
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Old 08-30-2006, 11:42 AM
Roupey03 Roupey03 is offline
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Default Re: You Must Spend $1 Million in a Yr.

Get Married. . .

Buy a Sweet house. Furnish it.

Buy the wife and I two Infinity G35 Coupes.

THEN PARTY!
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Old 08-30-2006, 12:09 PM
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Default Re: You Must Spend $1 Million in a Yr.

$1 mil is not enough to buy a house in my neighbourhood. I guess I'll just take a year off and travel around the world.
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Old 08-30-2006, 12:17 PM
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Default Re: You Must Spend $1 Million in a Yr.

I guess I should respond since I think I'm the one that suggested this thread.

I would make a big donation to my temple's endowment fund, maybe half a million.

With the rest, I would get my basement waterproofed so we can stop vacuuming up water with each bad storm.

I would replace my car and my wife's van.

We would do a nice vacation, probably a Mediterranean or European cruise. My daughter really wants to go to Amsterdam and visit Anne Frank's house. We would also love to go to Israel if things settle down over there. And I would love to see Tokyo Disneyland.

I would give some money to my cousin. He is less than 5 years from retiring if all goes well. I'd love to be able to help boost his nest egg a bit.

That's all I can think of at the moment.
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Old 08-30-2006, 12:27 PM
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Default Re: You Must Spend $1 Million in a Yr.

I don't need a year! Give me 24 hours!

I would, of course, do the serious stuff. I'd pay of my debts, buy my mom's house, buy my brother and DH's brother a home, and offer some to his parents. The remainder would be donated to our local pet shelter, used to improve our home, and used to replace our cars. Yawn.

But if I were going to have some real fun, I'd buy:

2,941, 176 Snickers bars

or

8,261 froofy dresses for which I have no use

or

4,000,000 games of Skee-ball

or

2,217 10 day non-expiring premium WDW hopper tickets (enough for DH and I to spend 36 years straight at Disney World!)
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Old 08-30-2006, 12:28 PM
Broken Arrow Broken Arrow is offline
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Default Re: You Must Spend $1 Million in a Yr.

Donate it to a charity I believe in.
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Old 08-30-2006, 12:42 PM
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Default Re: You Must Spend $1 Million in a Yr.

Quote:
Originally Posted by Roupey03
Get Married. . .

Buy a Sweet house. Furnish it.

Buy the wife and I two Infinity G35 Coupes.

THEN PARTY!
Alternately, get divorced. One of the quickest ways to go through a million dollars imaginable.
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Old 08-30-2006, 12:42 PM
vsjhoc vsjhoc is offline
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Default Re: You Must Spend $1 Million in a Yr.

Quote:
Originally Posted by disneysteve
I guess I should respond since I think I'm the one that suggested this thread.
OK, Steve, I give you full credit.

I'd buy a VW New Beetle convertible, in robin's egg blue and black, with all the bells and whistles.

A condo in Sydney.

A $10,000 donation to my alma mater.

Have a party (fly in all the out-of-towners) and have some incredible band play (don't suppose I can get the Stones for a few hundred thousand?!). And hotel rooms or limos so nobody has to drive home drunk!
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Old 08-30-2006, 12:56 PM
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Default Re: You Must Spend $1 Million in a Yr.

I just looked at the response I gave on the other thread. There I said I'd do the Holland America 105-day Grand World Voyage cruise. I'll stick with that. That would take care of Isreal, Mediterranean region and Europe.
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Old 08-30-2006, 01:19 PM
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Default Re: You Must Spend $1 Million in a Yr.

Quote:
Originally Posted by vsjhoc
I'd buy a VW New Beetle convertible, in robin's egg blue and black, with all the bells and whistles.
Which bells and whistles? Can I interest you in this one? Also check out the Honda scooter.
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