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  1. #1
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    Default 34 MILLION - What would YOU do with it?

    34 MILLION BUCKS
    With this being thrown at someone recently I would be interested to know what others would do with a windfall like that after having taken care of the family. Would you buy a bunch of PEB shares very slowly, donate to charity, drink the lot, start a cult, chuck it in the bank or buy your own island complete with flamingoes.
    Just for a bit of speculative fun put your wish list to print as to how you might handle it all, you never know it might come in handy.

  2. #2
    Senior Member Dej's Avatar
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    Repaint my yacht.

    http://www.nzherald.co.nz/business/n...ectid=11134415

    "...includes $29 million to repair the paint..."

    Last edited by Dej; 08-10-2013 at 06:53 PM.

  3. #3
    Senior Member Dej's Avatar
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    Then buy NTL.


  4. #4
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    Quote Originally Posted by Dej View Post
    Repaint my yacht.

    http://www.nzherald.co.nz/business/n...ectid=11134415

    "...includes $29 million to repair the paint..."

    Rather reminds me of the British Dreadnought in WW1. The boat I mean.

  5. #5
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    Quote Originally Posted by Dej View Post
    Then buy NTL.

    You wont have enough after painting your boat.

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    First fix up the family with appropriate housing so they dont have to struggle.

  7. #7
    Senior Member Dej's Avatar
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    I would repay my parents for everything they have done for me, then set off and try some of the many business ideas I have that are impossible to start without a certain amount of initial capital. I would then go on to invest in other people like myself who have an idea and no way to fund it, such as family and friends. Then may have a holiday, nice house etc all the usual stuff.

    Theres a more serious answer for you miner.

  8. #8
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    I would give $100,000 each to 20 share traders and start a competition between them. I would want 50% of the gains made by each one.The losses would be ignored.

    Now for the rest, a mere $32,000,000, I would simply give away, somehow, to good causes. Plenty of those.

  9. #9
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    Quote Originally Posted by 777 View Post
    I would give $100,000 each to 20 share traders and start a competition between them. I would want 50% of the gains made by each one.The losses would be ignored.

    Now for the rest, a mere $32,000,000, I would simply give away, somehow, to good causes. Plenty of those.
    I agree with the "somehow", it would be an exercise and a half trying to be fair and equitable to all. Would require the Wisdom of Solomon.

  10. #10
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    I'd divide it into a few pots

    1m. Family money (to help out the familly - not too much as they still need to be self sufficient and they are pretty much already there anyway)
    5m. safe money (bonds, TD, cash - for basic income)
    1m. Play money (for toys/travel)
    5m. Learner Money (to increase skills before I take control of it all - if I so choose)
    15m. Professional Money ( to look after till I have the skills)
    5m. Pay if forward (angel type investment to local businesses)
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