What will you do if you suddenly received a big sum of money?

Discussion in 'General Chat' started by OurPrinceNiki, Jan 11, 2021.

  1. OurPrinceNiki

    OurPrinceNiki Active Member

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    Just curious.
     
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  2. LAOG

    LAOG Well-Known Member

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    Change the thread title to "if"

    and gamble it on midget mma
     
  3. KageTokage

    KageTokage Well-Known Member

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    Pay off house mortgage.
     
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  4. c.decora

    c.decora Holy Cardinal, Ascended Mouse

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    Save it under an account which I will nickname "Parents' Retirement Fund"
     
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  5. MisterBubbles

    MisterBubbles [Mage On An Inconvenient Quest]

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    Use it to help pay for college >.>*
     
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  6. Sproutling

    Sproutling I'm old now.

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    No, I am not that lucky.
     
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  7. L4

    L4 Well-Known Kookaburra

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    Give it away maybe to family
     
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  8. Shalalalala

    Shalalalala [One of Red Siblings][⚓]

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    solid hard truth:blobsob:

    MAKE A HOUSE IN A MIDDLE OF JUNGLE
     
    Last edited by a moderator: Jan 14, 2021
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  9. Nightow1

    Nightow1 Well-Known Member

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    Kill whoever handed it to you. Dead men tell no tales and the secret must be kept. Praise Cthulhu!
     
    Last edited: Jan 12, 2021
  10. justmehere

    justmehere Well-Known Member

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    This thread is the personification of why most lottery winners go bankrupt.
     
  11. KizunaAi

    KizunaAi {Cookie Lover} {Sad Lil Girl}

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    Buy a house
     
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  12. JrX

    JrX Well-Known Member

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    Spend it all on properties and just left enough allowance for monthly cake.
     
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  13. TXHY

    TXHY Normal Member

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    Checking for sure if someone sent that money specifically for me, or if somebody just mistakenly sent that, or if it's some dirty money somebody from the underworld sent to random people temporarily to avoid the authorities and I might get involved much deeper in the dark side of the world after that like some novels or action movies........... I don't want people to call chuuni after all..
     
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  14. melomarl

    melomarl Azathoth's Spawn | Faceless

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    Ask who's tripping me and turn it in to police before my house gets raided. >.>
     
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  15. SerialBeggar

    SerialBeggar Well-Known Member

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    Of course, it all depends on how much surprise money we're talking about. If we're talking about fantasy level of big money, like if I won BOTH the upcoming Powerball and Megamillions lotteries and get over a $1 billion to play with. Note: that's before taxes. After taxes, it's much lower. See:
    https://www.usamega.com/powerball/jackpot
    https://www.usamega.com/mega-millions/jackpot

    That said, I'd:
    • allocate a big chunk of the money to buy an assortment of low fee mutual funds and ETFs that pay dividends. These will be the "untouchable" monies that will provide regular income regardless of what I do with the rest of the money and especially if I somehow lose the rest of the money.
    • buy land. Lots of acreage. Preferably in a region with decent rainfall with woods and fields. Maybe some farmland, but I don't know if I'd personally do any farming. Maybe plots of land located in different states. You know, just in case of a zombie outbreak and I need options.
    • buy a bunch of small commercial buildings and be a land lord. I'm not sure if I want to get involved with residential rentals and have to deal with deadbeats.
    I don't have any expensive hobbies like cars or gambling.
     
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  16. Cutter Masterson

    Cutter Masterson Well-Known Super-Soldier

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    Personally, I’d put it in the bank and live off the dividends. I’d still be working my present job. After awhile I’d invest in mutual funds and stock. Than next maybe get into real estate.
     
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  17. Gandire Alea

    Gandire Alea [Wicked Awesome Translator]

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    Define big. But, if it's big enough, I'll use it to start a business doing something or another. Then, with that income, I'll be able to take it easy with my life~

    If there were no CCP virus around, I'd probably move to some place warmer and near a beach too.
     
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  18. Vorpal

    Vorpal 「Anhrefn's Meat Toilet」

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    Buy house.
    Refinance Cashout.
    Buy another house.
    Rent them out.
    If any leftover, dump into some ETFs
     
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  19. Ekfreet

    Ekfreet Goner

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    Invest everything into the most promising Tinnitus treatment institutions.

    In modern society, there is only one thing money can't buy Silence.
     
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  20. TotallyNotAnAlien

    TotallyNotAnAlien Not an alien!

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    It really depends on how big the sum of money is. A couple hundred is already in the realms of what I consider a big sum of money. Either way, the first thing to do would be to flush it down the mobile gacha-games hole.
     
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