What to do with $425M?

[mbcdefg]

Pay off all bills and student loans.

Pay off and repair our house - undecided if I'd sell it and buy a nicer one, or upgrade the shit out of it. Maybe buy a Shore house on top of that for vacation.

Pay off my mom's house and get her a new car, buy FIL a house or pay his rent for many years, pay off siblings' student loans and get them set up with cars and/or places to live.

Be really generous to select loved ones. Give generously to our church, our favorite animal shelter, and some other charities.

Buy toys ... new cars (nothing fancy, just reliable), iPads, computers, etc.

I'm sure MH qould quit in a blaze of glory. I'd probably hang on a while at least. Maybe we'd both find part-time work that we could be passionate about.

Take an awesome vacation.

Put lots aside for future kids - education, nannies, etc.

Invest.

[Awkward]

Nov 27, 2012 12:13:47 GMT -5 pitterwoo said:

I would never grocery shop or cook again!!!

I'd never drive again.

Sent from my SCH-I535 using proboards

[SusanBAnthony]

Nanny.

The end.

P.s. I love my kids, but I would love them more if I had a nanny.

[Deleted]

Nov 27, 2012 12:53:17 GMT -5 Velvetshady said:

What, you don't believe we just spent $278M on our basement?


We'd disappear so DH's family isn't tying up our phone lines begging for hand outs. We'd buy a small tropical island and build a beautiful beach house. Then buy a mountain house. And a private plane to fly between them. DH would get his 20 car garage and all the cars on this top 10 wish list.

And we'd buy my dad a baby grand piano (promised him that when I was kid).

This is exactly what we would do. We were just talking about it last night. Hide from DH's family, beach house, mountain house, jet, and all the cars DH could handle. I feel like you wrote my post for me. lol.

I have to admit, there's a few people who I know would hunt me down for money, and I'd kind of like to be all "Sorry, this is called karma, when you treat me like shit, I win the lottery and pretend you don't exist. Adios!"

[macmars45]

Pay off H's SL debt
Buy a house
Buy a car
Start trying to pop out a kid & then adopt a kid
Set up college funds for said children
Put a bunch towards retirement for H & myself
Donate to IVCF (Christian group H and I met through)
Donate to some other groups/charities
Give x amount to church
Hire someone to clean my bathroom

Pay off my sister's SL debt from Physicians Assistant school (100K+ I believe)
Give other sister x amount of money so she (and her H & two kids) don't have to live with our parents
Give other two sisters and SIL x amount each
Pay off my ILs medical debt
Set up trust accounts for all my nieces & nephews

[Kore]

I'd make jet packs happen.

[hereonceagain]

Donate to those who have trouble paying medical bills. Donate to those who want to do IVF or adoption but can't afford it. Set up trusts for our kids and other family members. Take a few nice vacations. Have my hubby retire. Hide the news as best as possible and try hard to keep our current lifestyle.

[starlily]

Step 1: Call Volenti & Sarajoy for advice.

Hopefully their advice will include quitting our jobs, buying a house at the beach, and lots of travel.

We'd also want to make sure our parents are taken care of, as well as our niece & nephews.

We'd also like to set up a college scholarship fund.

I also want to do stuff like go to opening night galas for the ballet or symphony. And upgrade our theater seats to the prime center orchestra section.

Finally, I'd like to engage in some petty shit like sending a video of myself surrounded by cash to my SIL, saying "Bet you wish you were nicer to me now bitch - in yo' face!"

[M]

Buy one of those money blowing machines and see how many $1000 bills I can catch all day long.

Seriously though...well I probably would do that haha. But I would put half in the futures market and trade like 1000 contracts at a time (to put into perspective...I trade only 2 contracts per $100,000 in client accounts.) I'd quit managing accounts, have a garage full of exotic cars, and travel to every country in the world, including the poorest ones to do philanthropic work.

For our famly I would invest $5 mil for each of our parents, and $200k for each aunt, uncle, and cousin and let them live off the gains . They'd never have work again.

[M]

Oh and I would buy a large peice of land, build a 10k sq ft house that I'd remodel every few years with 3k sq ft guest houses, and of course build a mini race track so H and I could race each other in our choice of 20 exotic cars that we have parked in the huge parking garage

[Deleted]

First I'd hire a lawyer and a financial advisor. I would give my parents, H's parents, our grandparent's and our siblings each a sum as a gift. I would put $250,000 into a 529 for a hypothetical child.
I would also considering helping my sister start up a company of her choice. She is extremely creative and could be really successful, but needs the right direction.
I would start scholarships to last for at least a decade in H and I's name at our 3 alma maters.
I would want to buy the property next to my parent's house in the Upper Peninsula and give my dad free reign to help design a house and arrange for a builder as he has gone through those steps already.
We would start another 401k in my name.
I'd want to upgrade our wardrobes using maybe $1500 each (I could use some nicer purses and H needs better work clothes) and our technology (new Mac, iPhone 5 for H, iPad mini for H, xbox 360 for both of us, iPod nanos for both of us ).
I would start doing some charitable travel and H and I would probably travel every weekend.
I would not want H to quit his job. I don't think he would be happy not working, but it would be nice to know that we could take unpaid vacation and not worry about the lost money if we wanted to.

[Deleted]

I once read an article about this really wealthy, eccentric woman who would randomly give strangers and charities money just for the fun of it. I think that would be so awesome. "Hey you, want a check for $10k? Have a nice day!" How much fun would that be?

[Melissa W.]

I would give money to each of my sibilings, although how much I don't know.

I would donate to my school system, my church, the local hospital and the women's shelter. I would also donate to the MOD.

hmm... and I would also travel with my family.

After all that, I would buy the piece of property behind my house and build a kick ass barn and an indoor riding ring.

[Deleted]

Nov 27, 2012 13:52:39 GMT -5 rosetyler said:

Nov 27, 2012 13:44:55 GMT -5 @gypsy said:

Lol! I mean, what the eff was your employer thinking?

If I get bored I will sit on boards and actually harness my rage to make some strong change for greater good.

All's I need is cash, I swear.

Seriously. I imagine my boss would be all, "Take me with you!"

I don't care who you are, nobody loves their job THAT much. I mean, maybe if it continues to pay you MORE millions, or it's your company, a la Bill Gates or Steve Jobs, but I would just laugh.

My boss just told me if we (our office pool) won she is going to give us the day off to celebrate ...we all gave her the side eye

[cookies]

My husband and I had an argument about this last night. I said, obviously we'd buy and live in a palatial estate in a quaint New England town so we could be close to my family. And he was like, um, and where will I learn to surf? I guess we'll just compromise and spend half the year at our estate in Malibu or Maui or Costa Rica. We'll just send the kid off to boarding school or something. That's what filthy rich people do, right?