What would you do with $100 million?

Discussion in 'Miscellaneous' started by farmkid, Jan 7, 2012.

  1. bbjeg

    bbjeg Admiral Admiral

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    Right here buddy.
    I'd buy land, preferably in the wilderness, build a home on that land (with the internet), invest in some stocks, then travel.
     
  2. STR

    STR Fleet Captain Fleet Captain

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    Exactly.

    Also my point. You don't even know how the rules change when large sums come into play. FDIC insurance covers a pittance ($500K for a joint account) compared to the sums in question here. You could be wiped out when the next banking crisis hits. And there's always another banking crisis.

    You, in 2017 (more likely 2025-2030) could be a victim of a bank run as if you left your money with the Bedford Falls Building & Loan.
     
    Last edited: Mar 6, 2017
  3. publiusr

    publiusr Admiral Admiral

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    The sad thing is--I'm at the point now to where winning money won't mean much. I'm too old to start a family--where money really helps. A lot of things I dreamed of doing have already been done. A storm chase movie (TWISTER).

    Giving money to Thomas Sasser--meeting Robert Osborn or Robin Williams.

    I'm at the point now to where--if the Publius'rs Clearing House van came around--I'd yell 'What kept you? I needed this when my folks were alive to get them away from Alabama's quack doctors."

    Some years ago, a late employer of mine needed folks to act as his sitter. He had money but no health. At that time--I had the good health but no money. He wanted to go on vacations and couldn't. I was able to go--but couldn't afford squat on his payroll.

    I think we both hated one another.

    One thing I did learn the hard way:

    Never work for a man who survived the Depression. ;)
     
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  4. tharpdevenport

    tharpdevenport Admiral Admiral

    I think some people shouldn't take a thread about a hypothetical run in with a lot of money, too seriously.

    On that note, since waivers are okay for giant windmills to kill American eagles, I'd build a big one that says on it: The Eagle-nator 3000: Waiver Edition

    The power will go strictly to power the neon lettering sign.
     
    Last edited: Mar 11, 2017
  5. Gingerbread Demon

    Gingerbread Demon I love Star Trek Discovery Premium Member

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    I like that idea.
     
  6. Vorpal_Blade

    Vorpal_Blade Lieutenant Commander Red Shirt

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    I'd be pretty frivolous. I would make a live action Warhammer 40000 movie.
     
  7. Tesophius

    Tesophius Captain Captain

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    Invest and then go to space, the final frontier. Also, destroy my enemies.
     
  8. Gingerbread Demon

    Gingerbread Demon I love Star Trek Discovery Premium Member

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    Isn't there a couple of rich people planning to go around the Moon sometime next year?
     
  9. Tesophius

    Tesophius Captain Captain

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    Yep, on Dragon V2, along with a crew of astronauts hired by SpaceX. Cost of a ticket is unknown, but likely in the tens of millions of dollars. However, in as little as 10 years this might only cost $50k. I'm definitely going to space, but with 100 mil I'll get there sooner.
     
  10. Gingerbread Demon

    Gingerbread Demon I love Star Trek Discovery Premium Member

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    How much would your own ship cost?

    I'd love to know how this is done in Star Trek because even there seems almost anyone can have their own spacecraft. I mean how does one procure such a thing?
     
  11. Tesophius

    Tesophius Captain Captain

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    Well, at this moment, building your own ship wouldn't make any sense, as it takes a decade with billions of investments. I would just rent Dragon V2 from SpaceX.

    In the coming decades this isn't going to be a problem anymore as resources in space are going to become cheap and abundant due to asteroid mining. Ships are going to get big and cheap, all 3d printed in space for use in space. But that's a few decades away. I actually think that by the time of StarTrek starships should be significantly larger than anything we've seen, since they can mine not only our own asteroid belt but those of any other uninhabited solar systems, building ships of any size.
     
  12. Spot261

    Spot261 Vice Admiral Admiral

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    Not that expensive, no.

    Kids on the other hand......
     
  13. Asbo Zaprudder

    Asbo Zaprudder Admiral Admiral

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    That's fine and dandy until the Belters become fed up of being oppressed and start dropping rocks on the Earth.
     
  14. Gingerbread Demon

    Gingerbread Demon I love Star Trek Discovery Premium Member

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    By then we'll have Space Marines.....
     
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  15. Asbo Zaprudder

    Asbo Zaprudder Admiral Admiral

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    I bet they'll be bobby-dazzlers. I won't expand on that...
     
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  16. Gingerbread Demon

    Gingerbread Demon I love Star Trek Discovery Premium Member

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    An expression I haven't heard in years.

    Or on the occasional Eevblog video
     
  17. Shikarnov

    Shikarnov Rear Admiral Premium Member

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    I'd put $5 million into multiple trusts for each of my two sons that can be accessed only during particular milestone events -- after they get married, after they buy a house, after they have or adopt their first child, after they start a business, and so on, and an additional $5 million in a trust to make sure they can get the best medical care anywhere in the world if they get sick. I'd put another $10 million in separate trusts to be divided equally among my future grandchildren when they reach the age of 40. All of these will be secret trusts because I wouldn't want the promise of money or inheritance to remove the incentive to work and try.

    As for me, I'd buy the finest healthcare insurance plan I could without worrying about the costs, and wouldn't give a shit about copays or deductibles or anything else. For the first time in my adult life, I'd go see doctors when I or my kids need to without any second thoughts. Wouldn't that be nice?

    It goes without saying that I'd pay off my mortgage and bills and buy new cars for myself and my wife. My sons would go to the best private schools. And I'd get the Hell out of Texas -- probably to return home to my native Connecticut. Aside from Health and education and my initial spending spree, I'd allocate myself a $150K "salary" for the rest of my life. I'd quit my job and spend my days teaching pro bono.

    I'd pay off the mortgages and bills of everybody I care about and would give them enough cash to feel free to live their lives without so much worry.

    The way I see it, that probably eats up around $50-60 million in total. With the remaining money, I'm honestly not sure. I've always wanted to start a school with top-notch teachers and equipment and make sure it accepts 50% of its population from at or below the poverty line (where I started). Or maybe I'd set up a foundation to help fund various education-oriented non-profit organizations -- like this one -- that are in desperate need of grants to keep doing their good work. Or maybe I'd help fund some local and state political campaigns and try to effect change that way.
     
  18. teacake

    teacake Fleet Admiral Admiral

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    STILL WAITING for my 100 million so I can answer this question from experience. Come on universe, make me an expert.
     
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  19. Tesophius

    Tesophius Captain Captain

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    http://deepspaceindustries.com

    I don't think highly paid small crews of engineers repairing mining robots and 3D printers are going to pose a problem.
     
  20. Asbo Zaprudder

    Asbo Zaprudder Admiral Admiral

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    The joke possibly escaped you, ke? Anyway, you ain't going to build a viable asteroid-mining industry for as little as $100M. You might be a minority share/stock holder though.

    Taki y oyedeng!