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If you won £4,000,000....

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Old 28 September 2004, 11:18 PM
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Stueyb
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Default If you won £4,000,000....

What would you spend it on.

I mean, yeah houses and cars but what after that ? If you type in "how to spend a million" in google, it just comes up with ****.

Oh and my assumption/questin assumes you cant bugger off to your own island for life

I mean, after gadgets, cars, personal cinema etc what else could u need. Would you give any to charity ?
Old 28 September 2004, 11:27 PM
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gareth123
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I'd invest 3 mil in a nicely diversified portfolio and withdraw an inflation linked 100K a year from it for ever more. I'd fritter away the rest on stupid ****e like GT3s and a new vacuum for the wife.

Is this a hypothetical question?
Old 28 September 2004, 11:30 PM
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mart360
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trust funds for both kids

and a very comfotable lyfestyle for me and the mrs, it would also enabkle me to engage in some of the more expensive hobbies i have been unable to do before


mart
Old 28 September 2004, 11:31 PM
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Stueyb
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It is a hypothetical, but I like to day dream sum. If I won 4 Mill, Id be straight down the dealers for a nice Type 25 and a nice new Ford GT, oh and a nice big house with garage to put em in

Imagine how many "ladies of the night" that would buy
Old 28 September 2004, 11:40 PM
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fast bloke
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Have to agree on the GT40. Then millions and millions of smarties. I love smarties I do
Old 28 September 2004, 11:48 PM
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imlach
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...houses and cars
Err...dunno about you, but if I won £4m, the house I'd like to live in would probably cost a few million....if not £3m.....then you've got to invest the remaining £1m carefully to ensure a steady income with which to maintain/heat/run said £3m house!

£3m doesn't buy you a lot these days if you want to live in (or very close to) a major city.
Old 28 September 2004, 11:49 PM
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fast bloke
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Originally Posted by imlach
Err...dunno about you, but if I won £4m, the house I'd like to live in would probably cost a few million....if not £3m.....then you've got to invest the remaining £1m carefully to ensure a steady income with which to maintain/heat/run said £3m house!

£3m doesn't buy you a lot these days if you want to live in (or very close to) a major city.

come to Belfast - Its quite large and you can have the whole place for 3 mill
Old 28 September 2004, 11:50 PM
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lol about the smarties! i love them tooo
nice house in the country.
and the cars, as u say.
but best bit is that u could have them today - instead of waiting for them!
what else... hmmm
deffo take care of family - and treat friends to something special that i know they would always have wanted.
i have some ideas for software products - id set up a company and make them (locked away in a room for a year kind thing, i.e. no need for income) and try to make a go of that.
id get right into track days - with nice machinery and driver training (not knowing anything mechanical at all, id use money to pay peeps to do that).
Old 28 September 2004, 11:54 PM
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Cider boy
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Hmmm, how to spend 4 Million..........

Cars, Bikes, Women, Alcohol, I suppose a house to enjoy all of former at, then some more Bikes, Alcohol and Women, then some more again.

Then go bankrupt, lose everything and go and join the STD and liver transplant queue at the local hospital.

What a fortnight that would be though

Matt
Old 28 September 2004, 11:56 PM
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Originally Posted by SCOSaltire
but best bit is that u could have them today - instead of waiting for them!

you never heard of ocean finance?
Old 28 September 2004, 11:57 PM
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gareth123
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Originally Posted by imlach
Err...dunno about you, but if I won £4m, the house I'd like to live in would probably cost a few million....if not £3m.....then you've got to invest the remaining £1m carefully to ensure a steady income with which to maintain/heat/run said £3m house!
You won't get much income off a mil. Not enough to cover upkeep on a 3 mil house and some fancy cars. Then you'd be looking a job to pay for all your stuff!

I'd live somewhere a lot cheaper - with 4 mil you don't need to be in big city commuting distance with all the other morons, so your house buying money will go much further.
Old 28 September 2004, 11:57 PM
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mark_wrx666
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id have a 1967 shelby mustang gt500
Old 28 September 2004, 11:58 PM
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3 million buys you plenty propertywise, even near London.
Old 28 September 2004, 11:59 PM
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fast bloke
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Originally Posted by mark_wrx666
id have a 1967 shelby mustang gt500

nah - some nutter would try and steal it
Old 29 September 2004, 12:00 AM
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i have been looking to see if you can buy them anywhere i love that car so much
Old 29 September 2004, 12:26 AM
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Originally Posted by SCOSaltire
lol about the smarties! i love them tooo
But are we all agreed that orange smarties taste best?

Simon.
Old 29 September 2004, 12:31 AM
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Originally Posted by mark_wrx666
i have been looking to see if you can buy them anywhere i love that car so much
There's a US company 'rebuilding' old ones (very pricey. very). There's an article about them in last months Road&Track or last weeks Autoweek if you can find it online.
Old 29 September 2004, 12:33 AM
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i wouldnt live in the UK for a start.
Old 29 September 2004, 06:03 AM
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milo
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Originally Posted by imlach
£3m doesn't buy you a lot these days if you want to live in (or very close to) a major city.
lol.. im sure you'd manage to slum it though in your £3m house
Old 29 September 2004, 06:21 AM
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Default hmmm 4mill

ok here goes...

1mill- would go on a house and cars( ferrari, scoob, evo, X5 for the school runs. and a nice new ducati.. that would do me car wise. and my dads a builder so im sure if I buy the land(250k say) he could whip up exactly what I would like for less than 500k. nothing too big just comfortable.)

500K- On family and friends(pay off close family mortgages, keep my gran in bingo money for the rest of her life, pressies for family, week in vegas with the boys etc)


500k- fun... travel I'd go to every place I've ever wanted to see in the world

500k- time to settle down now...(wedding, kids, future, etc...)

1.5 mill- invest.. dont know exactly what in but something to keep us comfortable. got a few ideas

sounds good to me!

Rags

Last edited by Rags; 29 September 2004 at 06:24 AM.
Old 29 September 2004, 07:36 AM
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imlach what a load of tosh, for £3m you can get a pretty amazing house evn in london. Not that you'd spend 3 on a house if you only had 4
Old 29 September 2004, 08:01 AM
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milo
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Originally Posted by marky1
imlach what a load of tosh, for £3m you can get a pretty amazing house evn in london. Not that you'd spend 3 on a house if you only had 4
lol.. i love that.. if you "only" had 4 million... how rich are you guys?!
Old 29 September 2004, 09:03 AM
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I think just a million on a house and 250,000 for goodies (all i want is a DB9) and invest the rest. With inflation and everything else, 1m would not be enough to live off of (especially at my age - 22)... 2.75 million would give you a better outcome.
Old 29 September 2004, 09:06 AM
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No Milo I just meant if you had 4 you probably wouldnt spend three quaters of it on a house! Don't mean "only 4" as in not a lot of money, it certainly is!

M
Old 29 September 2004, 09:10 AM
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1 mill to family/friends
2 mill invested for future
1 mill on house, cars, hols etc
Old 29 September 2004, 09:45 AM
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4 million eh, well Id pay the morgage off for my ma and pa, pay it off for my sister and buy a house for the rest of the immidiate family that hasnt got 1 yet nothing flash just something good in a good area (probably be splitting 1 million between them all) that leaves me with 3. well Id spend about 500k on a house (round here that gets u ALOT) as long as it has a big garage for about 4 or 5 cars. filled with a reno5 (already got that anyhow) top of the range porker, high powered RX7. a bentley and what ever the woman wants to pick. should cost much more than another million there so I have a house and my cars with another 2 mil to spend, use 1 million for living of the interest and maybe use a million at my disposal for when ever I want something
Old 29 September 2004, 09:55 AM
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average size house (250k)with

1.triple garage with automatic door,and carpeted. (50k)
2.home cinema room with all the best gear possible,a collection of 20,000 cds,every new dvd delivered autoamtically,panasonic plasma.(25K)
3.bentley arnage and an m3 ,mtallic black with red leather(200k)
4.second home somewhere abroad.(200k)

that should leave 3 mil to go in a high interest savings account,forget "investments",when you have enough money why risk it?

sorted.
Old 29 September 2004, 10:22 AM
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New life in Oz

House next to race track

Spend a quick million on stuff

Live off the interest from the invested £3m

If I get to 60 then spend whats left on research on a super-andriod-immortal-Jay m A, with my head on top

Mwahahahahah
Old 29 September 2004, 11:31 AM
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Straight in the bank earning interest
Buy some land in the country, get a house built with a big wall and big gates to keep people out.
Couple of decent cars, m3 drop top (carbon black/imola red leather), range rover (black), 7 series limo version (black), some exotics and some classics- mostly painted black.
Helicopter would be cool- but daft methinks.
Id possibly be tempted to move somewhere abroad
Other than that nothing different to normal- id still carry on working the same as i do, just with the satisfaction of knowing im not depending on various things for security.
Old 29 September 2004, 11:56 AM
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Stay in bed for a year and think about how I'm going to spend it all.


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