You come into 10 million dollars untaxed....what is the first thing you do?

CRM 114

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Buy CCS, ban The Hawk and his little ones, Capt Serious, and all packers fans.

Buy a huge house and a fancy car.
 

1COBearsfan

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Is this assuming that we get the important shit out of the way first, like debt or important family stuff? Either way it goes like this for me.

Get rid of ours and our parents' debt, find some solid investments/businesses so we don't have to work unless we want a part time job, set up an account or fund to pay off relatives or friends debt, then on to the good shit:

Buy a nicer house/property and build my dream shop
Travel
Buy vacation homes that will be rented out when we're not in them
Start stocking my dream garage (cars, equipment, tools, etc.)
 

Urblock

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I'll buy one and bring more people that need the shirt if u stop being a *** and ignoring me.

I already brought you 20 Hawks fans that have a 30 pager IGT going in the Hawks forum and the game still has 20 minutes left.
You think showing up with 20 Hawks fans is a good thing?
 

Shantz My Pants

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Probably buy immediate family homes, set up my cousins and bro and sis with college funds, then piece the **** out to whogivesashit USA.


Sent from my Texas Instrument Calculator
 

SERE Bear

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Move back to Hawaii (Oahu) Hell I might even just rent the house I lived in there from 2007-2011.

Invest 9 Mil and live off half the annual interest. Even if that is only 2% I think I could live off of $180,000 with no issues.
reinvest the rest of the growth to make that 9 mil grow. When I'm dead and gone my son can have whatever the government doesn't. If the economy is good hopefully he gets 10 mil of his own.

1 mil gets set aside to
1) travel the world with my wife. Dive, snorkel and lounge on the best beaches of the world.
2) buy a billboard outside Halas Hall telling Jay Cutler to kiss my ass for making me believe he would ever take the Bears to the SB.
3) host a CCS Bears tailgate and then give everyone but Biff a ticket to the game. Upperdeck seats- this isn't power-ball money after all
4) buy nick a therapist
5) rent the house next to Ommy and let Sunbiz live there for free. or as close as the restraining order allows.
6) get Ficsh laid


thats a good start
 

Chief Walking Stick

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Move back to Hawaii (Oahu) Hell I might even just rent the house I lived in there from 2007-2011.

Invest 9 Mil and live off half the annual interest. Even if that is only 2% I think I could live off of $180,000 with no issues.
reinvest the rest of the growth to make that 9 mil grow. When I'm dead and gone my son can have whatever the government doesn't. If the economy is good hopefully he gets 10 mil of his own.

1 mil gets set aside to
1) travel the world with my wife. Dive, snorkel and lounge on the best beaches of the world.
2) buy a billboard outside Halas Hall telling Jay Cutler to kiss my ass for making me believe he would ever take the Bears to the SB.
3) host a CCS Bears tailgate and then give everyone but Biff a ticket to the game. Upperdeck seats- this isn't power-ball money after all
4) buy nick a therapist
5) rent the house next to Ommy and let Sunbiz live there for free. or as close as the restraining order allows.
6) get Ficsh laid


thats a good start

No boob job for me?
 

1COBearsfan

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Move back to Hawaii (Oahu) Hell I might even just rent the house I lived in there from 2007-2011.

Invest 9 Mil and live off half the annual interest. Even if that is only 2% I think I could live off of $180,000 with no issues.
reinvest the rest of the growth to make that 9 mil grow. When I'm dead and gone my son can have whatever the government doesn't. If the economy is good hopefully he gets 10 mil of his own.

1 mil gets set aside to
1) travel the world with my wife. Dive, snorkel and lounge on the best beaches of the world.
2) buy a billboard outside Halas Hall telling Jay Cutler to kiss my ass for making me believe he would ever take the Bears to the SB.
3) host a CCS Bears tailgate and then give everyone but Biff a ticket to the game. Upperdeck seats- this isn't power-ball money after all
4) buy nick a therapist
5) rent the house next to Ommy and let Sunbiz live there for free. or as close as the restraining order allows.
6) get Ficsh laid


thats a good start

It's the last one that makes the list seem too ambitious, good luck
 

Jester

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Open Bar/Restaurant in a nice warm tropical place.

Take care of family and a couple of friends.
 

SilenceS

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Open Bar/Restaurant in a nice warm tropical place.

Take care of family and a couple of friends.

That would be one of the more stressful things you could ever do with that money. lol
 

LordKOTL

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10M would be about 83k/year for my wife and I, each, until we die

I'd probably just pay off my debt then live my life business as usual without working.
 

BNB

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Are you dumb?

Invest the 10 mil and live off the growth... LOLOLOL at going back to school hahahahhahahahahhaahahahaha.

Why do very wealthy athletes go back to finish school or even get other jobs after they retire? I mean, they've got a shit ton more than 10 million, why don't they just invest and live off the growth?

Finishing school is a goal of mine. A lot of money or no money, it's something I want to do. And investments aren't a guaranteed thing. My aunt is actually a millionaire, and over the last 10 years she lost 2+ million in bad investments. She was able to rebound though thanks to her business, which consistently brings her in a lot of cash. I, however, would not be willing to risk losing that much with only 10 million because I wouldn't have a reliable source of income to replace the loss. But if I finished school and got a job that I loved and if it paid fairly well, I'd be more willing to invest and risk a loss.

Plus, while 10 million is obviously a lot of money, it can go very fast. A quarter of it would be gone just by helping close family and friends.
 

Omeletpants

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  1. Atlanta United FC
  1. Los Angeles Lakers
  2. Orlando Magic
  3. Phoenix Suns
  4. Sacramento Kings
  1. Columbus Blue Jackets
10M would be about 83k/year for my wife and I, each, until we die

I'd probably just pay off my debt then live my life business as usual without working.
Actually, if you had good money manager you should more than double that amount.
 

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