Your plan for 10mil dollars

[tonil]

Imagine you just simply receive 10mil dollars and you can do what you want with it.
What do you then?
Are you going to travel the world,leave your current job?
Invest in something and still work?
Move to some expensive house and just chill there for the rest of your life ?
Are you going to take care of your familiy members ?

 

[Gutter Chris]

Imagine you just simply receive 10mil dollars and you can do what you want with it.
What do you then?
Are you going to travel the world,leave your current job?
Invest in something and still work?
Move to some expensive house and just chill there for the rest of your life ?
Are you going to take care of your familiy members ?

10 mil isn't exactly fuck you money these days. I'd pay off my house , business loan and probably my sister's mortgage and bank what's left. I would still keep getting up and going to work but I love my job most days and I think I would age rapidly if I stopped going.

 

[Domitian]

5 Million into the poker bankroll. The other 5 million could buy me a decent house in Italy and another in Vegas.

I would probably only tell one or two people I'm close too, and nothing would really change except for me owning 2 new houses and playing larger stakes at poker. I might feel a little better about spending thousands of dollars for UFC tickets and would be able to catch cards I want to see in Vegas.

 

[ChosenOne]

Imagine you just simply receive 10mil dollars and you can do what you want with it.
What do you then?
Are you going to travel the world,leave your current job?
Invest in something and still work?
Move to some expensive house and just chill there for the rest of your life ?
Are you going to take care of your familiy members ?

If $10M is life changing money for you and you want to really live it up, then you better invest the principle in very safe, interest generating investments and just 'live it up' off the interest while not touching the principle.

Even at a very safe 3% per annum in income generating investments, that is $300,000/yr you can withdraw and spend to do the things you want. If you move to a jurisdiction that will not tax your interest income, you will have almost $6000/week you can spend.

 

[Zer]

I may have some more thoughts later but step 1 would definitely be to brag about how rich I am to everyone on sherdog

 

[Get To Da Choppa]

Imagine you just simply receive 10mil dollars and you can do what you want with it.
What do you then?
Are you going to travel the world,leave your current job?
Invest in something and still work?
Move to some expensive house and just chill there for the rest of your life ?
Are you going to take care of your familiy members ?

And then for the remaining $9.999 million, YOLO a couple mil into Bitcoin and Ethereum, buy a few rental properties, stash the rest away in safe investments like bonds, and take the wife on a fancy international vacation

 

[Thrawn33]

Couple homes. One to live at, another for vacations or rental.

 

[AGGAMEMNON66]

And then for the remaining $9.999 million, YOLO a couple mil into Bitcoin and Ethereum, buy a few rental properties, stash the rest away in safe investments like bonds, and take the wife on a fancy international vacation

Obligatory

 

[jx820]

 

[Belaya Smert]

Fade to black

 

[HHJ]

Are you going to travel the world,leave your current job?

Yes.

 

[Neck&Neck]

Invest it all in karate Combat Tokens

 

[chill doggie]

Would be a drop in the bucket, I probably wouldn’t even notice it if it was a direct deposit out of the blue.

 

[PG29 red0 Jr]

I would start looking into buying some real-estate. Probably section 8 apartments and housing.

Essentially I would become a slumlord.

 

[kimocomplex]

Nice try F.B.I

 

[lakersfan45]

I would buy some really comfortable furniture first.

 

[WadeWatts]

Imagine you just simply receive 10mil dollars and you can do what you want with it.
What do you then?
Are you going to travel the world,leave your current job?
Invest in something and still work?
Move to some expensive house and just chill there for the rest of your life ?
Are you going to take care of your familiy members ?

Put it in an S&P 500 index fund and live off the 4% rule for the rest of my life. $400k a year is more than enough to live my desired life style and I would still be leaving at least that 10 mil to my kid

 

[Long Dark Blues]

Acreage. Lots of it.

 

[Halifax]

I'd be Investing $4 million in real estate properties that I could rent out and the rest in other things. In 10 years time they will be worth way more than I paid for them anyways, and renters are just paying the mortgage for me as my investment balloons.

I bought my house in 2016 for $240000 and it can easily be sold for $500000+ now.

Get while the getting is good.

I would also probably buy the nice lot by the lake and begin building my own house to my own specifications

 

[Frode Falch]

I dont want that much money. Give me one mil