If you had a million dollars (or a billion rubles), what would you do with it?
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If you had a million dollars (or a billion rubles), what would you do with it?
Two chicks at the same time.
Once we had counted with the students of my group how much money we need to live our lifetime in reasonable limits without excess or lacks. We had recognised that one million dollars is quite enough summ of money for us. From the birth to the death (close to our 85'th anniversary) the income would be about 1000 per month. Spending it well and thoughtfully one could live in the prosperity. And more than - became rich.
God's Fish be merciful to my knowledge of English tenses!
Well, I think that it's impossible for any of us here to say exactly what we'd do if we had $1,000,000. How can you say what you'd do with this amount of money when you don't even know what you'd do if you had half of that sum? I mean to say that what people say now when they don't have a million bucks may differ significantly to what they will really do when they get the money.
Anyhow, since I'm inclined to think that money should work, I'd probably spend around a fifth of the sum and put the remainder into setting up my own business or probably buying a share in somebody else's business. I definitely wouldn't spend all of the money on expensive cars, cottages and stuff like that. I take the view that luxury must be earned but not gained without any effort whatsoever.
With $1,000,000 I'd spend about $40,000 paying off my student loans, live in a slightly nicer dormitory, and probably buy a new car for ~$20,000. With the remaining $930,000+ I'd sock at least $.5million away in a high-yield savings account. I'd pay off all my parents' bills too ~$30,000. The remaining $400,000 - I'd invest $250,000 in various stocks and bonds and the last $150,000 goes to buy a new house for my parents. (They deserve it for tolerating me for so many years.)Quote:
Originally Posted by ReDSanchous
i would invest in property and then have a good hard think about spending the rest :P
$1,000,000 isn't necessarily an unimaginable sum. It's only aboutQuote:
Originally Posted by ReDSanchous
[quote=scotcher]$1,000,000 isn't necessarily an unimaginable sum. It's only aboutQuote:
Originally Posted by ReDSanchous
I can well believe it. The average house price across the whole of the the UK is overQuote:
Originally Posted by ReDSanchous
[quote=scotcher]I can well believe it. The average house price across the whole of the the UK is overQuote:
Originally Posted by ReDSanchous
That could be a house that has previously been split into smaller flats (really common with large townhouses), with several of them being for sale at the same time, through different estate agents.Quote:
Originally Posted by ReDSanchous
The UK housing market is just a giant bubble at the moment. Demand started to outstrip supply, which made prices soar, which attracted speculators into the market, which further reduced supply, and so on and so on.
Do they split up houses into smaller apartments in those luxurious cottages?Quote:
Originally Posted by scotcher
Which luxurious cottages? :)Quote:
Originally Posted by ReDSanchous
Generally, if a seller can make more profit by splitting a property up into flats and selling them separately than if they sold the whole property as-is (including coverinig the cost of the conversion), then they will do so.
If I was that poor, I would start to work.Quote:
Originally Posted by shadow1
C'mon now, you can do that without any money :wink:Quote:
Originally Posted by BlackMage
Who can live on $1000/month??? :o :o :oQuote:
Originally Posted by Leof
NO SHIZIT !!!!Quote:
Originally Posted by charlestonian
$12,000 year/2080 (40 hrs per week x 52) = $5.75 an hour... :o
The current minimum wage in Massachusetts is $6.75 per hour.
My house for $600K
I'll buy a million lottery tickets :idea:
Somehow some people in Russia live on 100$ per month... :?Quote:
Originally Posted by charlestonian
Is it a million before tax or after?
The more we have the more we want. If you had a million dollar on your bank account you wouldn't want to spend only $1000 per month (hardly a sum that can sustain you in such a city as Moscow, for example).
There's also a rule - if you want to have much you must also spend much. And the more you want to save, the more you will lose. The money flow should be continuous and not some fixed sum. Besides - you don't want to have only one source of income. It's better to have $10 from 10 sources than $100 from one, because thus you insure the risks.
P.S. BlackMage - I can arrange two chicks for around $200 :lol: Maybe even for free. Interested? :)
P.P.S. Minimum monthly income for decent living should be around 100-120 thousand roubles (around $3.5-4 thousand) per month. For good living it should be around 250-300 thousand roubles ($5-7 thousands) per month. (And this is AFTER TAX, but then who pays taxes in Russia...)
Having this much you won't even be considered rich here in Moscow, just the upper middle class.
$100 in America is nothing!!!!!!Quote:
Originally Posted by Scrabus
Only if it's free... and they're not Georgians.Quote:
Originally Posted by Ramil
Wow...a rich guy... can you lend me a million?Quote:
Originally Posted by VendingMachine
Is pimping legal in Russia?Quote:
Originally Posted by BlackMage
I could but would you be able to pay me back?Quote:
Originally Posted by charlestonian
As we all know, Mr. VendingMachine is actually a Russian oligarch. It's really not hard to deduce which one...Quote:
Originally Posted by charlestonian
Simply rearrange the letters in VendingMachine, take a couple letters away, and add a few more and you get none other than VladimirPotanin - Russia's eighth richest and second angriest man.
Who cares?Quote:
Originally Posted by charlestonian
The severity of Russian laws has always been eased by the optionality of their observance.
Sure, $100 a month!Quote:
Originally Posted by VendingMachine
So, you can do just about anything you want??? I think it's called an anarchy :lol:Quote:
Originally Posted by Ramil
YEAH (A)Quote:
Originally Posted by charlestonian
I'm an old punk. Sex pistols were my favourite when I was about 13 :lol:
http://megamancrash.tripod.com/art/anarchy.gif
And what happened when you turned 13? Let me guess - at the age of 13 you suddenly felt a compelling need for change? Right? :lol: :lol: :lol:Quote:
Originally Posted by Ramil
That's an interesting fact to unearth about the UK housing market.Quote:
Originally Posted by scotcher
The luxurious cottages I saw while in England :D
If its a gift then at least you don't have to pay tax on it (but the person that gives it to you has to pay gift tax.)
If I had the money I would go to Russia.
Why???? :o :o :oQuote:
Originally Posted by Ty
Why what? Why the gift tax you mean? or why Russia...
Here about gift tax:
http://www.irs.gov/newsroom/article/0,, ... 15,00.html
and I would go to Russia because I have never been.
Why would you want to go to Russia???Quote:
Originally Posted by Ty
Quote:
Originally Posted by charlestonian
Well I didnt think you were interested in taxes :lol:
I would like to learn Russian better and it would be fun to learn it there instead of here.
I'd become the fan of ГрОб :)Quote:
Originally Posted by ReDSanchous
Are you still their fan? Now I see that you simply turned to Russian music at 13! :PQuote:
Originally Posted by Ramil
Yes, it happenned at that age, as far as I remember :)Quote:
Originally Posted by ReDSanchous
English wiki entry:
http://en.wikipedia.org/wiki/Grazhdanskaya_Oborona
(Russian version has some extended info about band's history).
Fan site:
http://www.gr-oborona.ru/pub/rock/alboms.html
:oQuote:
Originally Posted by Leof
Лёвушка!!!!!
He's alive, he's alive!!!! :D :lol:
Great to see you back, young friend - I hope you're well! :D
Now we just need Rtyom back, and we can go back to normal..... :lol:
Oh, and don't start me on a million dollars..... I'd probably do what I do now, only more so..... 8)
Ah! Yaga! I am happy to see you again! Very, very much!
I missed you too!! Let me hug you and stand a beer for you! No, two beers!
:D :D