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View Poll Results: with 10 million dollars was yours
buy a new everything 3 7.14%
show off to the haters 0 0%
help only the family 8 19.05%
help anyone in need 12 28.57%
stay the same 19 45.24%
Voters: 42. You may not vote on this poll

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If you were Rich
Old 07-27-2005, 11:00 AM   #1
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If you were Rich

there so much that you can do what would you do if you didnt see your position
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Re: If you were Rich
Old 07-27-2005, 01:22 PM   #2
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Re: If you were Rich

Just so I'm straight on this: Who are "The Haters"?
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Re: If you were Rich
Old 07-27-2005, 01:49 PM   #3
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Re: If you were Rich

I am rich in every way that counts (including not storing up my treasures where moth or rust would destroy them) I have my health, a happy family, a paid off house, a job I like and from which I can retire when I wish and I'm ridiculously happy . A million $ can't buy that.

Oh, and I own three kayaks.
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Re: If you were Rich
Old 07-27-2005, 01:53 PM   #4
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Re: If you were Rich

Quote:
Originally Posted by yakers
I am rich in every way that counts (including not storing up my treasures where moth or rust would destroy them) I have my health, a happy family, a paid off house, a job I like and from which I can retire when I wish and I'm ridiculously happy . A million $ can't buy that.

Oh, and I own three kayaks.
That is what really matters HAPPYNESS... i need to go buy a kayak, Maybey this week end,,
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Re: If you were Rich
Old 07-27-2005, 01:55 PM   #5
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Re: If you were Rich

Quote:
Originally Posted by razztazz
Just so I'm straight on this: Who are "The Haters"?
Haters are those wishing for you down fall,, hoping for your destruction in any form, they lie, decieve, conive, wish for it to happen because of dislike for any reason. you become a hater when you wish the worst for someone
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Re: If you were Rich
Old 07-27-2005, 02:07 PM   #6
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Re: If you were Rich

Don't be playa hatin'....don't hate the playa, hate the game!

Watch "Malibu's most wanted" if you want further education on this.

idevision, are you not a native english speaker? Some of your posts read like rants of my college buddies when they'd smoked the good stuff...
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Re: If you were Rich
Old 07-27-2005, 04:24 PM   #7
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Re: If you were Rich

The only thing that I hate is SPAMMERS AND SCAMMERS.
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Re: If you were Rich
Old 07-27-2005, 04:26 PM   #8
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Re: If you were Rich

Quote:
Originally Posted by idevision
Haters are those wishing for you down fall,, hoping for your destruction in any form, they lie, decieve, conive, wish for it to happen because of dislike for any reason.* you become a hater when you wish the worst for someone
This may be the worst post I've seen, *th..........please come back.
All is forgiven.............Arrrrrrrrrrrrrrrrrrrrrrrrrgh!

JG
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Re: If you were Rich
Old 07-27-2005, 06:08 PM   #9
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Re: If you were Rich

***** is looking good to me now.
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Re: If you were Rich
Old 07-27-2005, 08:48 PM   #10
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Re: If you were Rich

Quote:
Originally Posted by Lazarus
***** is looking good to me now.
Perhaps this is *****'s evil twin.
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Re: If you were Rich
Old 07-29-2005, 10:35 PM   #11
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Re: If you were Rich

Yakers,

You have your priorities right. God has been good to me also!

Dreamer
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Re: If you were Rich
Old 07-30-2005, 11:14 AM   #12
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Re: If you were Rich

Also, I forgot to agree with JG. Please come back TH----we do miss you. Even 1 post a day or every other day? Something---anything!!!

Dreamer
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Re: If you were Rich
Old 07-30-2005, 12:30 PM   #13
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Re: If you were Rich

Old Spanish proverb:"Living well is the best revenge."

Don't put a kink in your karma by making enemies.

Back to the original question, I have sometimes daydreamed about such a windfall.
1) First, pay off all debts.
2) Create the classic institutional 60/40 with 3.5% withdrawal. This gives an income stream of $350,000/annum before taxes and, say, $170,000/annum after taxes. We can live on less (or much less, upon reflection) than $40,000/annum AT without changing a thing if debt-free. Use the rest for the following projects:
3) Protect the immediate family from nuts who read about this in the paper. This might involve moving.
4) Fund the kids' college educations.
5) Fund Roths for the kids.
6) Figure out ways to help or benefit the extended family without becoming a money tree. This would take a LOT of thinking. Fund college for the few nieces and nephews still that young. Assist with health problems of certain family members.
7) Discretely help a certain personal friend with more than his share of burdens.

Oops; forgot:
0) Quit job in a heartbeat. For public consumption, tell everybody that I am buying a gun and going into politics.

By that time, it is all committed and we are pretty busy. If not, I really could buy a gun and go into politics. Or, move to Eunice, LA, and learn how to be a Cajun.

Seriously, given FI, there are a number of what might be called charitable activities that we would like to get involved with that would take more time than money. This might take the place of 6) and 7) above. Much of this could be addressed by creating a foundation.

Of course, if the windfall is only $1,000,000, we fall back to only 1) above, invest the rest and we keep on going the way we are.

Cheers,

Gypsy
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Re: If you were Rich
Old 07-30-2005, 07:51 PM   #14
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Re: If you were Rich

Quote:
Originally Posted by Ed_The_Gypsy
Old Spanish proverb:"Living well is the best revenge."

Don't put a kink in your karma by making enemies.

Back to the original question, I have sometimes daydreamed about such a windfall.
1) First, pay off all debts.
2) Create the classic institutional 60/40 with 3.5% withdrawal. This gives an income stream of $350,000/annum before taxes and, say, $170,000/annum after taxes. We can live on less (or much less, upon reflection) than $40,000/annum AT without changing a thing if debt-free. Use the rest for the following projects:
3) Protect the immediate family from nuts who read about this in the paper. This might involve moving.
4) Fund the kids' college educations.
5) Fund Roths for the kids.
6) Figure out ways to help or benefit the extended family without becoming a money tree. This would take a LOT of thinking. Fund college for the few nieces and nephews still that young. Assist with health problems of certain family members.
7) Discretely help a certain personal friend with more than his share of burdens.

Oops; forgot:
0) Quit job in a heartbeat. For public consumption, tell everybody that I am buying a gun and going into politics.

By that time, it is all committed and we are pretty busy. If not, I really could buy a gun and go into politics. Or, move to Eunice, LA, and learn how to be a Cajun.

Seriously, given FI, there are a number of what might be called charitable activities that we would like to get involved with that would take more time than money. This might take the place of 6) and 7) above. Much of this could be addressed by creating a foundation.

Of course, if the windfall is only $1,000,000, we fall back to only 1) above, invest the rest and we keep on going the way we are.

Cheers,

Gypsy
I feel that 100 percent
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Re: If you were Rich
Old 07-30-2005, 09:38 PM   #15
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Re: If you were Rich

Eunice, LA is an easy drive from here.

The invisible man - drive rusty beaters, wear high class Dickies coveralls, live in da boonies in a seedy looking Ma and Pa Kettle type house-make sure your satelite dish isn't visible from the road, a good shotgun and a good dog.

Skip politics, relatives always know/need money - skip elegance and - thinking does NOT help - grin and bear the cross.

Keep an up to date passport - in case the mood to 'do' a world cruise or something strikes.

Count yourself lucky - the new sports cars,boats, clothes, penthouse living, expensive vacations to Europe/Carribean etc were survived early and didn't prevent the good life. Good riddance to trash from the past.
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Re: If you were Rich
Old 07-31-2005, 10:14 AM   #16
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Re: If you were Rich

Quote:
Originally Posted by unclemick2
Eunice, LA is an easy drive from here.

The invisible man - drive rusty beaters, wear high class Dickies coveralls, live in da boonies in a seedy looking Ma and Pa Kettle type house-make sure* your satelite dish isn't visible from the road, a good shotgun and a good dog.

Skip politics, relatives always know/need money - skip elegance and - thinking does NOT help - grin and bear the cross.

Keep an up to date passport - in case the mood to 'do' a world cruise or something strikes.

Count yourself lucky - the new sports cars,boats, clothes, penthouse living, expensive vacations to Europe/Carribean etc were survived early and didn't prevent the good life. Good riddance to trash from the past.
Unclemick: You're almost there.
A few more years, and the term "cheap" will be replaced by "eccentric".

An aside. Percy Kilbride (played Pa Kettle), died about 20 years ago. He lived in a Beverly Hills Mansion, and left a large estate. He was believable though.
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Re: If you were Rich
Old 07-31-2005, 01:27 PM   #17
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Re: If you were Rich

I am sure that Unclemick remembers that Ma and Pa Kettle were semi-fictional residents of our common homeland, The Soviet of Washington. Two points if anyone can tell us who Shotgun and Geoduc were.

Gypsy,
born with an umbrella
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