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What Would You Buy If You Had $5,000,000?

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Pillar of the Community
United States
2600 Posts
 Posted 10/23/2007  3:09 pm  Show Profile   Bookmark this reply Add Jim1953 to your friends list Get a Link to this Reply
Amac44, you right, money won't buy you happiness, but sure lets you pick your own brand of misery.

Jim
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amac44's Avatar
United States
3242 Posts
 Posted 10/24/2007  07:58 am  Show Profile   Bookmark this reply Add amac44 to your friends list Get a Link to this Reply
and U get a lot more new Friend's if you wanted them or not
Valued Member
United States
101 Posts
 Posted 10/24/2007  10:35 pm  Show Profile   Bookmark this reply Add sllyonsjr421 to your friends list Get a Link to this Reply
Well the choice I would pick really isn't there as a single choice. I would save about 3 million of it to live off of, use 200,000-350,000 to buy a house/pay off all bills cars ect. and I would use the rest for helping out in some kind of charity that helps chronic pain sufferers in the US. I myself suffer from chronic pain that is extremely debilitating and it took me 2 years to find a pain management dr that could help me and without insurance my rx alone would be over $1600 monthly so if I had the money to help I would help anyone that I could that needs treatment for chronic pain and doesn't have the money to get that treatment. Thats what I would do with 5 million dollars.
New Member
afasano's Avatar
United States
20 Posts
 Posted 12/21/2007  2:45 pm  Show Profile   Bookmark this reply Add afasano to your friends list Get a Link to this Reply
A house in the country and a bigger coin and gun collection.
Pillar of the Community
mycrob's Avatar
United States
2602 Posts
 Posted 12/21/2007  3:02 pm  Show Profile   Bookmark this reply Add mycrob to your friends list Get a Link to this Reply
Pay off debts, invest most of the remainder and continue working because I love my job. Maybe buy a couple of key date coins to complete those gaping holes in my collection. And set aside some money for charity that would continue to pay for years to come from the interest, like an endowment or something.
Edited by mycrob
12/21/2007 3:03 pm
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rggoodie's Avatar
United States
23525 Posts
 Posted 12/22/2007  08:44 am  Show Profile   Bookmark this reply Add rggoodie to your friends list Get a Link to this Reply
If I had that kind of money I would

Save some
Invest some
Give some to friends
Give some to church
Retire and Travel
Just have fun with it
Increase my coin collection

Maybe this makes me greedy but I would do all of the above
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okie-colin's Avatar
United States
1083 Posts
 Posted 12/22/2007  11:56 am  Show Profile   Bookmark this reply Add okie-colin to your friends list Get a Link to this Reply
All of it, EXCEPT the gold coin, the cars, the island, the business, and probably move out of the country (assuming things improve in the USA with a new administration). I may inherit some money some day (not anywhere near five million or even a million) and I will definitely meet some coin collection goals. Finish the keys in my Buffalo and Lincoln set. Finish the gold page in the 7070. As for right now I am rich in many ways if not money.
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Spider5689's Avatar
United States
2269 Posts
 Posted 12/23/2007  2:02 pm  Show Profile   Bookmark this reply Add Spider5689 to your friends list Get a Link to this Reply
I voted for starting a small business. There is no greater feeling than being your own boss. I would also give a percentage to my church and a few charities.

Whatever money is left over would go to my travel fund.
Valued Member
gussyboy1's Avatar
United States
174 Posts
 Posted 12/25/2007  1:07 pm  Show Profile   Bookmark this reply Add gussyboy1 to your friends list Get a Link to this Reply
Nope, New Zealand is tooooo cold! I have a friend who lives there. Dustin, I'll take a gold coin--giving is the best!
Besides paying off all my children's "I want that and have to have it now mistakes" (I know that's not a choice but giving is better)--I'd complete my dad's collection --every time I open it I remember the fun we had as kids sorting thru those lincoln pennies--he had one set for each child but only two of us wanted them when he passed!
Gussyboy
Valued Member
MLFLY's Avatar
United States
130 Posts
 Posted 01/01/2008  5:36 pm  Show Profile   Bookmark this reply Add MLFLY to your friends list Get a Link to this Reply
It's amazing that I've actually thought about this, even though it's only a 1 in 10 chance I will get 5m. Okay, 1 in 12. I'd fill a 7070 with strikingly toned coins. What's left over would go to the dogs (Humane society, etc.).
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Napoleon31ft's Avatar
United States
528 Posts
 Posted 01/02/2008  8:22 pm  Show Profile   Bookmark this reply Add Napoleon31ft to your friends list Get a Link to this Reply
you know I really want a MS-69 Morgan dollar so that would be my first buy
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dcarver9183's Avatar
United States
168 Posts
 Posted 02/10/2008  09:05 am  Show Profile   Bookmark this reply Add dcarver9183 to your friends list Get a Link to this Reply
i voted have fun with the money...that includes just about all of the things you listed....investing, collecting, travelling, big ticket items, etc...would be my life--not mention the amount of hurting people I could help (we own an orphanage in brazil and it would be great to help the kids.)
Valued Member
GFR3's Avatar
United States
473 Posts
 Posted 02/10/2008  10:21 am  Show Profile   Bookmark this reply Add GFR3 to your friends list Get a Link to this Reply
First I would give about a million to got old Uncle Sam...not out of choice mind you ;)

I'd probably go with the small business idea. Open up a nice little deli/cornerstore/cafe sorta dealie. I've always thought that would be fun.

With the rest..well I'd just sit on it mostly. Through it all in the bank! I'd still be the penny-pincher that I am today so I would take the interest and cut it in two--half goes into my pocket to be spent (along with the merger proftis from my store thats comfortable living) and but the other half back into the bank, thus creating more money to gain interest on the next year. After I built up my account, I'd start withdrawing some every year and stuffing in my own private vault (could afford one you know haha). Buy some gold, silver and the like and just put it away for future generations.

Oh, and i'd buy some nice shiny keys dates!
--Gary
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livingdinasaur's Avatar
United States
1571 Posts
 Posted 02/10/2008  12:39 pm  Show Profile   Bookmark this reply Add livingdinasaur to your friends list Get a Link to this Reply
$5,000,000.00. Not a lot, at todays highly inflated prices, but it would be worth 10 times that when I returned to Mexico! There the lottery is a great opportunity ti win. I have played, and I have won, and lost. The nice thing about it is that you win something, or the big one, you pay 15%, on the spot. Ine doesn't have to worry about paying the taxes on it, because the tax is deducted before you receive it. Incone tax there used to be 3% for business. No exemptions, no deductions. No matter how many kids, etc. 3%. You becha, Id'd be gone in a flash! And , I'd take my Navy pension, and Social Security checks with me!
Dick
Pillar of the Community
United States
1231 Posts
 Posted 02/10/2008  2:03 pm  Show Profile   Bookmark this reply Add onejinx to your friends list Get a Link to this Reply
"Nope, New Zealand is tooooo cold! I have a friend who lives there"

New Zealand isn't cold. Unless your friend lives on the south island way up in the mountains, it is pretty warm there year round. The north island only gets snow on the mountain tops in the winter. The North island usually doesn't get below the mid 30's in temp. Sounds like my kind of place. Currently we have had over 80 inches of snow already this year. And they are predicting 2 more storms this week.

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