$44 million would be nice

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#1665568 8-Nov-2016 10:08

Just go shopping here.

Amazing what a few million $$ gets you in Canada as a holiday home/mansion compared to what you get here.

Gavin / xpd / FastRaccoon / Geek of Coastguard New Zealand

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geoffwnz

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#1665587 8-Nov-2016 10:49

I have a race car.

As the saying goes, the only way to make a small fortune in motorsport is to start with a large one. :-p

MotorDrive Rallying

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#1665636 8-Nov-2016 12:00

Will it be enough for me to start a political party?

dickytim

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#1665647 8-Nov-2016 12:28

geoffwnz:

I have a race car.

As the saying goes, the only way to make a small fortune in motorsport is to start with a large one. :-p

The guy that won the $25 million a few years ago did this, he went to the states, they knew who he was an fleeced him!

He also bought a girlfriend and some properties.

I think he has one property left and had to get a load to stock it.

MikeB4

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#1665649 8-Nov-2016 12:30

It would be handy

xpd

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#1665685 8-Nov-2016 12:42

dickytim:

geoffwnz:

I have a race car.

As the saying goes, the only way to make a small fortune in motorsport is to start with a large one. :-p

The guy that won the $25 million a few years ago did this, he went to the states, they knew who he was an fleeced him!

He also bought a girlfriend and some properties.

I think he has one property left and had to get a load to stock it.

This the guy from Huntly ?

If so, yeah he got into stadium truck racing or similar....... got married, and that ended very quickly.

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sen8or

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#1665688 8-Nov-2016 12:54

As much as it would be easy to say I'd retire straight away, there are a few things that would stop that (or at least make more difficult) -

I'd get bored, quick. Sure a week or a few weeks off to relax is ok, but even at 44, I still have a long life to live, I simply couldn't not be productive in some capacity for the next x number of years.

I work in a small - medium sized business in a key role. No one is irreplaceable but I couldn't leave my boss in the lurch while I went off without at least making sure the business would be ok. I would suspect I would drop all / most of my salary and work part time / casual hours (if that worked for them) as I like what I do and who I work for.

We couldn't uproot and move suburbs / cities / countries, kids are both settled in their schools and with 4 and 5 years of highschool to go, have no desire to uproot them to another school just because we could.

A new house, probably, built with all our wants fulfilled (gym, home theatre, teenage retreat / entertainment area, pool / spa / adult entertainment area, outdoor kitchen with covered area for all year round alfresco dining) that sort of thing, but even where we live, it would be easy to over capitalize and simply waste money.

New car (or 2), for sure, V8 supercharged Jag and/or Audi R8 V10 are high on my list of wants.

Mortgage would be repaid, as would any family members, holidays would get a bit more lavish, I'm thinking particularly school holidays abroad with so many countries to visit, but once you get over the initial "I can buy anything I want phase" though, I suspect the desire to actually spend money would dwindle (if you can find it somewhere, watch "Brewsters Millions" - an 80s Richard Pryor film) and a normal life balance would be found.

Sure, it would mean no more having to buy rump steak (don't get me wrong, there is nothing bad at all about a well grilled hunk of rump steak), eye fillet all the way, but that sort of elevation in lifestyle is hardly going to make much of a dent.

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sen8or

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#1665689 8-Nov-2016 12:56

But it would all start with some very sound and professional advice from one or some of the big companies (Price Waterhouse, KPMG, Spicers) etc and very little done for the first month or 2

geoffwnz

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#1665713 8-Nov-2016 13:30

xpd:

dickytim:

geoffwnz:

I have a race car.

As the saying goes, the only way to make a small fortune in motorsport is to start with a large one. :-p

The guy that won the $25 million a few years ago did this, he went to the states, they knew who he was an fleeced him!

He also bought a girlfriend and some properties.

I think he has one property left and had to get a load to stock it.

This the guy from Huntly ?

If so, yeah he got into stadium truck racing or similar....... got married, and that ended very quickly.

Yeah, there's that gotcha if you aren't aware of what you are getting into. I already have the car I want but have a long wish list of development to do on it. Wouldn't really change the amount of work I do on it myself as I'm still too Scottish to want to pay people to do stuff I can easily do myself. But my garage would get an upgrade in space and content to assist with working on it. And I'd be able to support a few fellow racers as well.

MotorDrive Rallying

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#1665724 8-Nov-2016 13:48

sen8or:

But it would all start with some very sound and professional advice from one or some of the big companies (Price Waterhouse, KPMG, Spicers) etc and very little done for the first month or 2

At least you could afford their bill! I once paid KPMG $100,000 in fees for forensic accounting expert witness services in a court case in London!

MikeAqua

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#1665744 8-Nov-2016 14:10

I would set myself and my partner up for life. A nice off grid home on a little land ($1.5M would be plenty in rural Tasman). A couple of cars, two practical and two silly.

Help out my sister and parents. Set aside $ for my kids and step-kids education etc.

Invest half of what's left across a diverse portfolio.

Give the rest to my favourite charities. Do some volunteering - ARK, habitat for humanity.

Go to local tech and study welding and cabinet making.

Mike

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#1665749 8-Nov-2016 14:17

sen8or:

As much as it would be easy to say I'd retire straight away, there are a few things that would stop that (or at least make more difficult) -

I'd get bored, quick. Sure a week or a few weeks off to relax is ok, but even at 44, I still have a long life to live, I simply couldn't not be productive in some capacity for the next x number of years.

I work in a small - medium sized business in a key role. No one is irreplaceable but I couldn't leave my boss in the lurch while I went off without at least making sure the business would be ok. I would suspect I would drop all / most of my salary and work part time / casual hours (if that worked for them) as I like what I do and who I work for.

Whilst I'd be happy to carry on working, and for free, it would be on my terms. Which would probably make me unemployable... no more time-wasting bullsh!t meetings, only work on stuff *I* thought was important, when I felt like it. OTOH, I already have a long list of stuff that has to wait until I retire, so doubt that I'd get bored.

toprob

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#1665750 8-Nov-2016 14:17

I'd still keep on doing what I do for a job, but I'd stop charging for it, and employ someone to do the boring bits.

Hopefully after a while I'd find something fulfilling enough to replace it, like just having fun, but I can't think that far ahead at the moment, I have too much work to do.

trig42

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#1665753 8-Nov-2016 14:25

I'd like to keep working, but I fear that if I won $44m (or even $22m, or $11m) I'd become unemployable as I would forever be flitting off or doing things on my terms.

1 or 2 million, I'd have to keep working, but then at least I could keep my salary and not hand most of it over to the bank every fortnight ;)

I like the idea of off-grid (except for the internet) and with the big one, I'd look at building an eco-house (passive heating, fully insulated, solar and/or wind - or hydro). A Tesla car would be on the list too I think.

Geektastic

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#1665772 8-Nov-2016 14:48

Let's think...

2 new suits, Henry Poole & Co - $20,000

Evening Wear - Henry Poole & Co - $10,000

New overcoat, same - $10,000

New shooting suit - same - $10,000

7 new shirts - Harvie & Hudson - $4000

1 pr Black Oxfords, 1 pr Brown Oxfords, 1 pr Brown brogues - Lobb & Co - $30,000

1 pair Holland & Holland Royals - $200,000

1 custom Rigby Safari rifle - $100,000

1 new Holland & Holland Range Rover - $400,000

Country home, UK - $3 million

Country home, NZ - $2 million

That's about $6 million gone...!

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