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I would put it all in a safe investment @ 4.50% interest and
live high on the hog with my $450,000 a year. I would travel and play golf
every other day. I would pamper my family and my self.
When I die, I would still have $10 million left or more to give to my kids.
The problem with this plan is that 450k probably wont go very far 30 years from now. I would use it similarly though. I would pay off my student loans, buy a house and car, then set myself up for life in a similar manner. I would invest it a little more agressively than you though-I'm young and can wait out a bad stock market. I would set up a portfolio that's 60% bonds, 25% stocks and 15% T-bills and Bank CD's, and manage it the same way colleges manage endowments-Use most of the intrest to fund my family and take a small share and reinvest it.
I would find the best financial planner i can get and come up with alot of high interest savings portfolio's as well. I would probably set-up most of my nessitities at first such as house car college funds then settle down. Once you hit the big one like this why go and give it all back gambling some more? Only if your rich maybe but no i wouldnt do any thing different as far as my game is now. I would probably even take a long vacation from my low stakes poker game lol.:grin:
No Lie....God's honest truth...
If I won ten million dollars, after taxes, I would donate half to Shriner's Hospitals for Children. They saved my nephew's life after he was burned on over 80% of his body. They are a great group of people with hospitals all over the world. I think after my donation, I could have a nice life on the rest. Good Luck All!!!!! I'm playing power ball tonight!!!
thats great pokerkitty...5 mil.....you wouldnt have to pay taxes.....
i would deff. donate some money to something....what i dont know but i would find something....
i would deff. play in one event at the world series....
maybe donate some money to NDN to buy the best casino he can buy....hahaha
I dont know what i would do with all he money!!!
invest in the bank.....and play the poker games i still anjoy...move slitly up in limits....but still be playing poker
Buy house, car, sort out my family a bit (pay of Dads mortgage, and Mums mortgage and shop lease) Set up 3 trust fund ISA's for my 2 x half brothers and half sister.
Go on a tour of the USA ending up in Vegas for some WSOP action, where id stake all my favourite NDNErs in event #54.
In all reality I would probably die of a freakin' heart attack! But if the shock didn't kill me... I would pay everything off and find the best way to invest for my kids' future. After that I have no idea, there are too many things I would like to do to even know where I would start.
God we better starting kissing up to Eejit if we want to be in the game.Quote:
Originally Posted by eejit101
Thanks Eejit for thinking about us.
I too promise to support my NDN family if richer or poorer.
well ill tell u that if it was 10 million after taxes i would put 2 million each for both my kids in a trust fund and then blow the rest. i would quit works start playing poker all day everyday with 2 million of it and like i said blow the rest. money will never last long so y noy live the good life. not sure iw ould take care of my pops but my mom will retire asap. man this would be nice. only a dream only a dream.
Im hoping youd buy your sheep loving best friend who "licks it", a nice big present
The lottery is what I call a poor man's dream. Dreams are a beautiful thing, without them you have nothing. As Casey Casem always said, "Keep your feet on the ground and reach for the stars".
My husband and I would def be comfortable, and so would my mommy and daddy, and my girls. I'd go visit eejit in the UK. I would invest in properties to rent out as many as I could. I think that there is a lot of money in real estate. If of coarse I did not have to pay for my casket and burial because I fell over dead from all of the excitement. The dying thing would prob happen first though, as I am an extremely unlucky person and it is obviously my destiny to be poor. Damn the luck anyways! :)
"I am an extremely unlucky person"Quote:
Originally Posted by BnLM5
NEVER SAY THAT AGAIN
The more you reinforce that belief, the more it will continue to be true.
Positive visualization will overcome your dark cloud. Some people have to work harder at it than others, but it does work. A good analogy is a golfer
readys himself for his next shot. If he is thinking " boy, this is a tough hole and I double bogeyed this hole yesterday". The likelihood of him hitting a poor shot is greater. If he visualized hitting a good shot and had conjured
up a memory of him playing this hole well, he would hit a good shot.
There is so much evidence now to prove this and more people are understanding that we have the ablility to create our own success and failures by the way we think.
Think Positive
I know positive thinking can do alot of good. I'm sorry I promise I will try to never say that again. :)
If I were to win 10 million, I would probably put about a million on my players only account, a million on fulltilt, a million on pokerstars, a million on carbon, and then I would use the rest to start a forum that paid its members to post things. Totally original I know. Oh, and I'd probably buy a few dogs or something. Seriously though, I'd keep it all and go on a vacation for the rest of my life.
I still don't believe you.Quote:
Originally Posted by BnLM5
Not convincing enough.
Shout it
Quote:
Originally Posted by BnLM5
Firstly - YAY!!! Someones coming to visit!
Quote:
Originally Posted by masterof88
Secondly - Wow. How old are you?
Thirdly - You make me laugh. Alot!Quote:
Originally Posted by freeringo
There is a difference between hittin a golf ball and winning lottery, as one of them is skill dependant.
Positively thinking (this is my new attitude) I must agree with eejit on the golf and lottery thing. LOL
I can shoot in 79 in sandles today and I haven't played in a year.
Are you drunk??Quote:
Originally Posted by freeringo
Not 1 snort from me.Quote:
Originally Posted by eejit101
Golf is easy sport when you drive the ball effortlessly like me.
NO FEAR
I average 6 pars a side.
I have shot 5 under before in 9 holes
and 1 under after 18.
The very FIRST thing I would do if I won 10 million dollars is MOVE... lol, change my phone number, change my address, maybe my name (LOL i don't think i'd change my name) and avoid all the FRIENDS and FAMILY (I've never known) who would start calling me or coming by and asking to borrow money.
Then I would phone my parents and tell them their new address of the house I just bought them and to check their bank to make sure the money I sent them is there. I then would send my 2 brothers some money and probably shop, shop, shop furnishing my new home and looking at a new car and truck to buy. And in spite of my son's dad, I would buy a Land Cruiser, take a picture of me in it and email it to him to make his day (the Land Cruiser is his fave vehicle) and then a couple days later I'd email him again to tell him I gave it away because i don't like the Land Cruiser.
With the left over money I would invest, make a few donations to the Canadian Cancer Society, the SPCA (i love animals), and other organizations I can't think of now.... and then buy a million dollar life insurance policy on myself with my son as the beneficiary because his dad will be looking for me to kill me.... lol
oh and of course play in the WSOP with eejit
i think this comes pretty darn close...Quote:
Originally Posted by terbo71
If I ever even made it that far. Pay my house, buy my new car , go to school and live on retirement and still play in the freerolls. :D
well lets see i would take care of all the poeple
that have helped me.that dos make a long list then i would buy a house with about 40 to 50 acres. build a bowling /bar/grill and sell booze beer and great food for the rest of my life o and keep tryin to master poker lol it will take a while for that
I would like to own the 100 acres right next door to yaQuote:
Originally Posted by doorgod2
I would stop playing poker I think..
would buy a nice house.
open an hambumguer trailer...lol...
Buy a boat and sail trought the oceans...
I would probably disappear. Many people say they would want to be high in society but honestly that doesnt matter to me at all. I think if i had the safety and security of not having to work for any of the amenities i wanted i would move to a deserted islan and have everything brought to me personally.
I would buy a big house for my parents on the water as that is something the have always wanted. I would also be very active in charities and mabye start one of my own, as i know how much i have seen some charities affect the lives of those who arent as fortunate as all of us.
I would also probabl enter the wsop main event every year until i won it. Not for the money though, it would all be to gain respect in the poker world and to ultimately have a bracelet which si my ultimate poker goal
I would pay my loans, house off, parents, and in-laws house off.
Buy a few cars.
Give my tithes to church worthy of them and just spend time with friend and family.
I'd also invest and get interest on it and spoil my baby.
Can you guys believe that November is coming so quickly? So excited to see him.