- 277
- 39
- Joined
- Jun 17, 2006
I believe I could make it last. I don't plan on buying a new car until I graduate, so the only thing I would do is pay my tuition and live like a normal college student. At least that is what I believe.
Can $3 MILLION (CASH) Last You The Rest of Your Life?
- 277
- 39
- Joined
- Jun 17, 2006
I believe I could make it last. I don't plan on buying a new car until I graduate, so the only thing I would do is pay my tuition and live like a normal college student. At least that is what I believe.
- 8,765
- 2,894
- Joined
- Dec 19, 2008
I would buy myself the following:
150-250k home w/ nice furniture
Certified used Sierra w/ low miles
Dodge Challenger w/ a widebody kit 26's in the back 24's in front
Chevy Volt
Daughter would have 100k for school/ wedding
Pay up the rest of my college tuition
If I could do all this for less than 500k I'm good. I would invest the rest.
150-250k home w/ nice furniture
Certified used Sierra w/ low miles
Dodge Challenger w/ a widebody kit 26's in the back 24's in front
Chevy Volt
Daughter would have 100k for school/ wedding
Pay up the rest of my college tuition
If I could do all this for less than 500k I'm good. I would invest the rest.
- 8,765
- 2,894
- Joined
- Dec 19, 2008
I would buy myself the following:
150-250k home w/ nice furniture
Certified used Sierra w/ low miles
Dodge Challenger w/ a widebody kit 26's in the back 24's in front
Chevy Volt
Daughter would have 100k for school/ wedding
Pay up the rest of my college tuition
If I could do all this for less than 500k I'm good. I would invest the rest.
150-250k home w/ nice furniture
Certified used Sierra w/ low miles
Dodge Challenger w/ a widebody kit 26's in the back 24's in front
Chevy Volt
Daughter would have 100k for school/ wedding
Pay up the rest of my college tuition
If I could do all this for less than 500k I'm good. I would invest the rest.
- 4,258
- 13
- Joined
- Feb 15, 2009
What the hell. That's normal for you?
- 4,258
- 13
- Joined
- Feb 15, 2009
What the hell. That's normal for you?
- 9,105
- 95
- Joined
- Aug 31, 2006
YES
Easily. you just have to be smart with it[which most people aren't/wouldn't be]
Easily. you just have to be smart with it[which most people aren't/wouldn't be]
- 9,105
- 95
- Joined
- Aug 31, 2006
YES
Easily. you just have to be smart with it[which most people aren't/wouldn't be]
Easily. you just have to be smart with it[which most people aren't/wouldn't be]
- 1,376
- 735
- Joined
- Jul 16, 2001
Yes, if you're not planning to start a family.
Edit: If your wife doesn't work either.
Edit: If your wife doesn't work either.
- 1,376
- 735
- Joined
- Jul 16, 2001
Yes, if you're not planning to start a family.
Edit: If your wife doesn't work either.
Edit: If your wife doesn't work either.
- 73,568
- 60,535
- Joined
- Dec 13, 2004
To those that say they can easily live comfortably, it is easier said than done. Money changes people. $3 mil lands on your lap, it's easy to say I'll buy a house and a car or two and that is it but it isn't as simple as that. Are you really going to pay cash for your house? Are you going to settle for a $400k house? In Cali, that can be a dilapidated 2 bedroom in a crappy neighborhood. If you pay cash, you still have to pay for taxes yearly, a house comes with utilities and bills, home maintenance, etc... Most will quit their job or take a year break, chances are they'll get comfortable and won't go back to work. You'll go in vacations and obviously splurge a bit, $10k-$20k easily in a week and that is being somewhat reasonable to someone who has $3m. There are other reasons too, relatives, family, bad investments, school, etc... There is a reason a lot of these people who wins the lottery go broke eventually.
I'm bored tonight and the Laker game is a blowout so excuse the long post.
I'm bored tonight and the Laker game is a blowout so excuse the long post.
- 73,568
- 60,535
- Joined
- Dec 13, 2004
To those that say they can easily live comfortably, it is easier said than done. Money changes people. $3 mil lands on your lap, it's easy to say I'll buy a house and a car or two and that is it but it isn't as simple as that. Are you really going to pay cash for your house? Are you going to settle for a $400k house? In Cali, that can be a dilapidated 2 bedroom in a crappy neighborhood. If you pay cash, you still have to pay for taxes yearly, a house comes with utilities and bills, home maintenance, etc... Most will quit their job or take a year break, chances are they'll get comfortable and won't go back to work. You'll go in vacations and obviously splurge a bit, $10k-$20k easily in a week and that is being somewhat reasonable to someone who has $3m. There are other reasons too, relatives, family, bad investments, school, etc... There is a reason a lot of these people who wins the lottery go broke eventually.
I'm bored tonight and the Laker game is a blowout so excuse the long post.
I'm bored tonight and the Laker game is a blowout so excuse the long post.
- 1,964
- 10
- Joined
- Sep 18, 2008
Yes. 3 mil at 4% interest rate is 120k a year. Think i can do it
- 17,626
- 456
- Joined
- Sep 1, 2006
I still need gas and beer money though.
- 17,626
- 456
- Joined
- Sep 1, 2006
I still need gas and beer money though.
- 1,964
- 10
- Joined
- Sep 18, 2008
Yes. 3 mil at 4% interest rate is 120k a year. Think i can do it
- 26,372
- 3,492
- Joined
- Mar 29, 2008
this
- 26,372
- 3,492
- Joined
- Mar 29, 2008
this
- 29,014
- 4,130
- Joined
- Jan 3, 2004
This question may have been answered but: Can I invest?
- 29,014
- 4,130
- Joined
- Jan 3, 2004
This question may have been answered but: Can I invest?
- 1,930
- 54
- Joined
- Jan 6, 2007
Yea, because I'm smart enough to make that 3 millon into a larger sum.
- 1,930
- 54
- Joined
- Jan 6, 2007
Yea, because I'm smart enough to make that 3 millon into a larger sum.
- 17,236
- 1,943
- Joined
- Feb 3, 2006
I mean, I guess...It's a gamble on your part.
- 17,236
- 1,943
- Joined
- Feb 3, 2006
I mean, I guess...It's a gamble on your part.
- 6,202
- 12
- Joined
- Apr 8, 2006
Give me 3 million and I'd turn it into 30 million.... it'd become obligatory
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