If you had a million dollars.

swoydaz

swoydaz

Well-Known Member
Silver Stacker
Difficult to know the stats, difficult to even guess.

But I'll have a guess just the same.

My guess is fewer than 10% of stackers own a million dollars in cash.

Sure, some if not many may own a mill in assets.

But let's just talk about cold, hard cash.

Those who do have a mill, I'm sure you'll keep it quiet.

But for those that don't have a mill, imagine you do :P

So ... what portion of your million if you could today, would you plunge into bullion?

My answer ... uhhhh ... first I don't have a million in any shape or form.

But if a million fell out of the sky today I'd put at least half of it into bullion.

Why?

Well ... you tell me ... (and the rest of the planet).

Join in. Let's fantasise. Share your strategy, albeit a dream.
 
I'd divide the money into eight. One part each for the seven deadly sins, and one part for bullion.
 
I only have a go at Powerball when it gets to near $30 Million!

JUST enough to satisfy the kids, and get me off the pensioners dog food diet.


OC
 
That's a decision almost as hard as to whether or not play Russian roulette when you have diarrhea and feel what you think is a fart coming on. I'm going to have to go with buying a million dollars worth of instant scratchies. :cool:
 
^^^Same. Put $800k into income generating assets and buy PM's with the profits. Spend the rest on becoming financially literate and a GT500 Shelby.

And pay for this after 8+ years of use :lol:
hDJ7W95.jpg
 
House said:
^^^Same. Put $800k into income generating assets and buy PM's with the profits. Spend the rest on becoming financially literate and a GT500 Shelby.

And pay for this after 8+ years of use :lol:
http://i.imgur.com/hDJ7W95.jpg
Click to expand...

I'm with you on the Shelby.

Mind you a good old Ford GT40 wouldn't make me sad either :P
 
After all debts paid off there would be enough to buy outright one good rental property. Depending on whether it would be better for me to have a property loan as a tax writeoff or not would depend on whether I have $ for shares and pms.
 
Caput Lupinum said:
That's a decision almost as hard as to whether or not play Russian roulette when you have diarrhea and feel what you think is a fart coming on. I'm going to have to go with buying a million dollars worth of instant scratchies. :cool:
Click to expand...

Last time I played Russian Roulette, there was a choice of six prostitutes, one of which was loaded!
 
I had a couple, once.

Can't remember where I left them.

Anyway, they were overrated.
 
It would have to go on the ladies I think, they are my favourite, don't marry them though or they would take 74% of it a few years later.
 
I must confess, I brew my own 'Coopers' DIY beer, and it costs me 30c a can!

So cheap I have to drink it twice as fast in order to keep up with the Production Manager.


OC
 
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