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What would you do with a million dollars ?

Discussion in 'BlackHat Lounge' started by valwardon, Oct 19, 2008.

  1. valwardon

    valwardon BANNED BANNED

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    This is just a fun post . Tired and trying to get myself pumped up to do some more work.. So please feel free to add to the post for my amusement .

    The topic is if I had a million dollars right now . What would I do ? Do not think about what you are going to say just type the first thing that comes to your mind ..

    If I had a million dollars right now I would start a business that I know I could make the money back over a period of 12 months or less.

    As an example a game business or something that uses micro payments as a business model . Like alot of korean based games . That is a good method and done properly can easily make back a reinvestment of 1 million dollars . Plus as an added stream of income give players the option to become registared players that give certain bonuses .

    Because honestly here in the USA 1 million dollars will not last you till you are dead . But it is a good start to becoming a multi millionaire . Witha million dollar capital to back you you could easily generate a million a year ..

    Well people that is it for me lets hear what you would do with a million dollars...
     
  2. sqlbyte

    sqlbyte Junior Member

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    I'd bought some ebooks from DP, maybe i would get even more rich.
     
  3. WickednDivine

    WickednDivine Executive VIP Premium Member

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    buy my dream car (Porsche 911 GT3RS), buy a nice little home, invest the rest
     
  4. YoungGuns

    YoungGuns Regular Member Premium Member

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    Yes it can...if you invest it you can live off the interest.
     
  5. YoungGuns

    YoungGuns Regular Member Premium Member

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    That's the funniest thing I've heard all day.

    pollfactory, I like your reply.

    To answer the question, I'd buy a nice car and a few smaller things, along with putting a few thousand in online stuff. The rest I'd pour into the stock market.
    But I'm a minor with very very little living expenses, so my life until I'm 18 would change little, but my future plans would change greatly.
     
  6. themagician

    themagician Regular Member

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    '...Carry on working!

    I already have more than one million dollars and I still work a minimum 18 hour day 24/7.

    Here in Thailand everyone works a seven-day week. When I recently upgraded my Internet connection the telephone technician turned up on Sunday morning.

    If you want to be rich, work for yourself and work long hours. Just because it's 2008 nothing has changed for the past hundreds of years. You cannot make money without hard work and that work either comes during training, i.e. you learn how to become a lawyer or stock-market trader, or if you have a poor education you work all hours doing whatever you can.

    The lazy-man's way to riches is a fantasy.

    [​IMG]
     
  7. bruce6667

    bruce6667 Junior Member Premium Member

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    two chicks at the same time.---------------------------------- ----------------------- ----------------------------------------- --------- ---------- ------------ ----------
     
  8. enovator

    enovator Jr. VIP Jr. VIP Premium Member

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    If I have a million dollars, I would do nothing.................who need to do any thing if he has that much................:D
     
  9. YoungGuns

    YoungGuns Regular Member Premium Member

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    Yeah, but after several million dollars, I really wouldn't be that motivated to work 18 hours a day.

    Have fun working.
     
  10. Keedev

    Keedev Regular Member

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    Probably buy some golden toilet paper and keep on working.. Would donate some money to BHW as well, like 5 or 10 bux. :lmao:
     
  11. bizcredit

    bizcredit Power Member

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    Honestly, with 1 million I'd spend about $50k setting up a pimp ass office either in my house or rent a small place to work out of. I'd pay off like $30k in debt. Then I would buy a couple solid businesses that can earn my cash every month to put in the bank. With anything left I'd either put in CDs or bonds.
     
  12. r-webb-k

    r-webb-k BANNED BANNED

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    invest invest invest sit and relax while your money work for you its the way to go


    invest $100,000 in stocks


    $ 200,000 in real estate


    and i'll keep the rest of the $700,000 in the bank with intrest
     
  13. Gogeta

    Gogeta Power Member

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    Double it . ;)
     
  14. themagician

    themagician Regular Member

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    '...The problem is, when you want 100K you believe it's all you will ever need. As soon as you have it your life-style changes and you need 250K.

    Once you become content with what you have you will lose everything, especially the edge you had to make that kind of money.

    I can purchase any car I want and have already had some of the best. I can also travel first-class on any airline BUT I don't have enough money for my own helicopter or jet. There are many properties here in Thailand with Heliports for island-hopping so that would be nice.

    A million bucks is not such a lot of money nowadays neither is it difficult to make that amount.

    Now ask me what I'd do with 100 million. I would still work. Part of what helped me make money is I only do what I enjoy doing and so it ceases to be work.

    Greed is good, if you keep it all in perspective.

    Finally, I only tell you here on BHW because no-one here knows who I am. To my friends and associates, they know I have a little bit of money but they have no idea how much as I'm not that flashy and, like you, they assume if you have a million or two or three I should be lying on a beach surrounded by babes. Not a chance. I get to play Monopoly every day...But with real money. It's a bigger blast than sex!'

    themagician
     
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  15. scubaslick

    scubaslick Regular Member

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    I'd buy a little $150k house on a couple acres about 30 minutes outside my home town. I'd pay cash for 5 rental units (I have a real estate mentor). That would net me 4k a month after management fees. I'd tuck the rest into some relatively safe investements and I'd tour the world for a couple of years. Nothing extravagant, just backpack around the world. Do some sailing. Drink some Jamaican beer. Play some golf. See the northern lights.

    When I got bored with that, I'd go back to college. And probably spend the rest of my life there banging inappropriately young coeds and studying whatever the hell I wanted to.

    Maybe go to culinary school.

    I'm not chasing any private jets or 20,000 square foot mansions or a Bentley. I just want to enjoy as much of this world as I can before I go.

    -scuba
     
  16. jammie

    jammie Jr. VIP Jr. VIP Premium Member

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    Put it all in the bank at standard interest. thats £5k a month.

    Move to somewhere cheap so i can live a life of luxury and never work again.

    Everythings relative. So if it costs $4 for a hotel room for a night, thats cheap to us, but can be very very expensive for someone local!

    Take advantage of it :p
     
  17. davioli

    davioli Regular Member

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    lol...Id definately work.... maybe use abt 200k to buy some online businesses running on autopilot.... then just continue the same online work i do... but multiply the numbers.
    I already enjoy online work... so i Wouldn't be working per se...id be enjoying myself!
    Id probably end up travelling all the time...working online from everywhere!
     
  18. antsaoo

    antsaoo Supreme Member

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    First Thing : i would get that nissan 350z from 1 guy.. next day i would drive to my school and say fuck you to few teachers and drive off.

    Then would buy some apartments and rent them to people that would only like 300k spent 500k to bank and would continue doing some internet stuff for fun and money , since i think million wont be enough for rest of my life ;)
     
  19. The Scarlet Pimp

    The Scarlet Pimp Jr. VIP Jr. VIP Premium Member

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    my brother won $1.5 million 20 years ago, today he has nothing.
    if he'd invested it (even if he'd just left it in the bank) he'd be
    set for life.

    course he also had to *tell* everybody that he had it...

    as for me... i'd retire early. :D
     
  20. YoungGuns

    YoungGuns Regular Member Premium Member

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    Actually, if it was only a million, I'd probably still work until I developed it into several million. I basically mean that I'd live below my means, just like I am taught very well to my entire life.

    To give a perspective of how I'm used to managing money, here's how my family does it. My family's income is about $55-60k a year. We have everything paid for in full and a few hundred thousand dollars net worth. However, we only have about $10k dollars in 3 cars (by far a record high and one's ready for the junkyard) and if you saw us in some of them, you'd probably think that we were very low on money (we've had some true POS). We live well below our means, and although I may loosen up a little bit when I'm out on my own, I will still live below my means. It is my instinct. I want to make enough money where I could live off the interest of it very comfortably (not a private island or anything like that lol). When will I quit working? I don't know.

    I tell you one thing. There is no way I'd continue working if I had a hundred million dollars, at least not for my own personal gain.

    But I do get what you're saying. Most people think they can get everything they want with a few million. And no, I do not think everyone with a few million dollars is setting on a beach surrounded with girls. lol