What would you do? 12-26-2015, 10:20 AM
#1
You have 48 hours to spend 72.2 million what would you do?
#LeSquad #Satellite
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(12-26-2015, 10:31 AM)Jebusfathead Wrote: Put it into my bank, then live off the interest
(12-26-2015, 10:23 AM)Soup Wrote: Depends on why we only have a limited time.
Are we gonna die or is someone just going to take the rest of the money?
If we die, that shit is going to be gone within an hour in which I would take all my close friends and family on trip all the way around the world and see how far we get and how fast we can get there.
If nothing is going to happen to us then I'd buy gold with the money then sell the gold afterwards lol.
(12-26-2015, 11:32 AM)Raymond Reddington Wrote: Just wait for all the people that say buy there family this and that etc lmaoMoney doesn't just magically lose value, banking is one of the few ways of stopping things like inflation, as the value of money might fall 1% but the interest gained will rise close to but not normally 1%, there are loads of other things to consider. But money can't just lose value from being traded at higher prices and investing.
This is easy just do what my family does now buy houses and land then rent/lease them off and make guaranteed income weekly. I would spend about 2mil per house and buy about 20 houses. Here in NZ that's about 500 to 1500 a week for rent depending on the area, lets say i'm pulling in 1k per week for 20 houses that's 20k a week times that buy 52 and that's 1,040,000 a year guaranteed profit a year that you don't have to worry about. If you do it right the rent can increase seven fold depending on the area.
I now have 32.2mil left i would donate 200k to a cancer charity. The next 20mil i would plan and pay upfront the money i need to build myself a decent house and not worry about the expensive of maids/cleaners gardeners etc because of the income i would get weekly from all the property i have. If the house goes over budget i after the 48 hours i would still be okay because of the income i would be getting weekly. After that i would invest the last 10 mil into low end businesses that have potential just not the money to back them.
(12-26-2015, 10:31 AM)Jebusfathead Wrote: Put it into my bank, then live off the interest
You would lose money, I hate it when people say they would just let it sit in the bank. Your money would lose it's value over time.
(12-26-2015, 10:23 AM)Soup Wrote: Depends on why we only have a limited time.
Are we gonna die or is someone just going to take the rest of the money?
If we die, that shit is going to be gone within an hour in which I would take all my close friends and family on trip all the way around the world and see how far we get and how fast we can get there.
If nothing is going to happen to us then I'd buy gold with the money then sell the gold afterwards lol.
Golds price has been dropping the last year that wouldn't  be a good investment.
(12-26-2015, 12:24 PM)Jebusfathead Wrote: Money doesn't just magically lose value, banking is one of the few ways of stopping things like inflation, as the value of money might fall 1% but the interest gained will rise close to but not normally 1%, there are loads of other things to consider. But money can't just lose value from being traded at higher prices and investing.My family has been investing and making money for years i think i know abit or two on how money loses it's value and when not to invest into something, money does start to lose value over time even if it is in a bank, it's like people thinking they can just print lots of money and be rich...NO lmao the value of that money would go down.  Gold is dropping steadily and isn't a good investment in fact this is a known fact as it has even been reported on the news a few times this year.  I'm not even going to bother arguing with you because 9/10 you just repeat yourself or have no general idea on what your talking about, Don't reply to this you will be wasting your time.
Also gold is good to invest money into, even if it loses value the money would if lost more money from inflation etc
(12-26-2015, 11:32 AM)Raymond Reddington Wrote: Just wait for all the people that say buy there family this and that etc lmaoYou legit have this whole thing figured outÂ
This is easy just do what my family does now buy houses and land then rent/lease them off and make guaranteed income weekly. I would spend about 2mil per house and buy about 20 houses. Here in NZ that's about 500 to 1500 a week for rent depending on the area, lets say i'm pulling in 1k per week for 20 houses that's 20k a week times that buy 52 and that's 1,040,000 a year guaranteed profit a year that you don't have to worry about. If you do it right the rent can increase seven fold depending on the area.
I now have 32.2mil left i would donate 200k to a cancer charity. The next 20mil i would plan and pay upfront the money i need to build myself a decent house and not worry about the expensive of maids/cleaners gardeners etc because of the income i would get weekly from all the property i have. If the house goes over budget i after the 48 hours i would still be okay because of the income i would be getting weekly. After that i would invest the last 10 mil into low end businesses that have potential just not the money to back them.
(12-26-2015, 10:31 AM)Jebusfathead Wrote: Put it into my bank, then live off the interest
You would lose money, I hate it when people say they would just let it sit in the bank. Your money would lose it's value over time.
(12-26-2015, 10:23 AM)Soup Wrote: Depends on why we only have a limited time.
Are we gonna die or is someone just going to take the rest of the money?
If we die, that shit is going to be gone within an hour in which I would take all my close friends and family on trip all the way around the world and see how far we get and how fast we can get there.
If nothing is going to happen to us then I'd buy gold with the money then sell the gold afterwards lol.
Golds price has been dropping the last year that wouldn't  be a good investment.