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Joined: January 2006 Posts: 1479
Location: Michigan | OK OK I know another question from GWB that you might have to think about for a second but what the heck would you do with yourself ?
You could buy the best Ovations & Adamas guitars that are made.
What part of your life would change if you were finacialy instanly wealthy ? GWB |
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Joined: January 2005 Posts: 640
Location: boulder | absolutely no question, new sunglasses.
take care of my family about 1-2 million.
then give the rest in $9999 gifts to families who needed it, as long as they promise to share even a little of it with someone who was even in more need then them. Of course I might have to donate some to the save our coral reefs efforts. when the coral reefs go, humans aren't far behind.
and I would buy one of those cool new cases, cut a hole in the end and let T use it for his baritone.... |
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Joined: April 2004 Posts: 13303
Location: Latitude 39.56819, Longitude -105.080066 | Thanks Mike! You're the best.
I would keep the majority of mine to care for the many members of my immediate family that have suffered over the past ten years.
Then I would share all the rest with friends and relatives who ever treated me or my family with extra love and kindness with no expectations of anything in return except blessings.
Finally, I would buy one of those cool cases and give it to Fugot to make up for the one he cut a hole in the end of before giving it to me.
Peace out! |
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Joined: November 2005 Posts: 4832
Location: Campbell River, British Columbia | Prob'ly just run a restaurant 'till the money gave out. |
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Joined: October 2006 Posts: 5575
Location: big island | "What would you do if you won $10 million dollars tomorrow?"
wished i had won it today cuz tomorrow never comes. |
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Joined: June 2006 Posts: 7307
Location: South of most, North of few | I'm with ya Mike, 1 to 2 mil would do me just fine. I would end up giving the rest away to the needy or missions groups. (I think I'd buy a couple of those cool guitar cases myself) |
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Joined: December 2004 Posts: 4394
Location: East Tennessee | I would become a professional musician....
Until the money runs out. :D |
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Joined: August 2006 Posts: 3145
Location: Marlton, NJ | - Pay off ALL of the bills
- Tear up ALL of the credit cards except one
- Take care of the immediate family
- Finish EVERY unfinished project in the house
- Donate to the wifes favorite charities (which are usually ok with me)
- Take an extended vacation with whoever wants to come
What am I forgetting... ? |
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Joined: December 2004 Posts: 4394
Location: East Tennessee | Originally posted by CrimsonLake:
What am I forgetting... ? A new guitar for each of the OFC members.... |
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Joined: August 2006 Posts: 3145
Location: Marlton, NJ | You think they'd give us a deal on 5000 custom guitars?
Al - got your pencil and pad ready? |
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Joined: November 2006 Posts: 2241
Location: Simpsonville, SC | After the pay off debt, take care of family and friends, and charity routine, I would pay for guitar lessons....would probably take the remainder of it to make me a reasonable player.
Crimson, I have sent you my address for the new custom guitar... |
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Joined: August 2006 Posts: 3145
Location: Marlton, NJ | I would actually have to move to a different state... otherwise I would have to pay Al 7% state sales tax... not to mention the taxes on the original 10 million.
How does everyone feel about Applauses? |
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Joined: November 2006 Posts: 2241
Location: Simpsonville, SC | ...I will never look a gift horse in the mouth. |
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Joined: January 2006 Posts: 5881
Location: Colorado Rocky Mountains | I'd do about the same as Crimson Lake, maybe give a bit more of it to my wife's kids who always seem to be struggling, donate a bunch to a few arts organizations with whom I've been closely associated for many years, and maybe use some to invest in a real collection of guitars. I might also buy a nice big workshop someplace and restore a few old cars. |
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Joined: August 2006 Posts: 3145
Location: Marlton, NJ | Prof - I like the workshop idea as well. It would have a big dust collection system and a spray booth. Maybe I'd finish a few of these guitar projects. |
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Joined: March 2005 Posts: 12759
Location: Boise, Idaho | Pay off the taxes and mortgages, quit work, pay off the rest of the family debt, give some to charity and go work on Brad's cars and play his guitars. Golf and guitar lessons would eat up the rest of my time and money. |
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Joined: November 2004 Posts: 1374
| a new hip, and a heart transplant for my wife...
that would just about do it, anything left I'd give to Charity.
without her I have nothing anyway.
Glenn |
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Joined: May 2003 Posts: 4389
Location: Capital District, NY, USA Minor Outlying Islands | Give guitars to every Ovation Fan Club member. Do you guys like Adamas? |
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Joined: March 2002 Posts: 14842
Location: NJ | BuyOff the ex, SetUp my daughter, and then . .
a Sign Shop in a seaside resort town where I could letter boats during the day (IF I wanted to), and sing in the bar(s) at night (WHEN I wanted to) . . . |
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Joined: March 2002 Posts: 15665
Location: SoCal | Pay off the house and bills. Put 3 mil into munis and live off the interest. Divide the rest between my siblings and church.
Oh, and buy a few more guitars...... |
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Joined: March 2007 Posts: 665
Location: Tychy, Poland | pay off credits, have surgery on my eyes, buy a land, build a house, give some money to parents, invest part of remaining money in actions, and open music shop with used instruments.
And i'd like to have real "music room" in my house. With Hammond B3, piano, a couple of guitars - electric,acoustic, classical, and maybe a violin and hurdy-gurdy.
yeah, and i'd run a music school for blind people. |
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Joined: January 2006 Posts: 1479
Location: Michigan | How about buying $10 million more $1 dollar scratch off tickets and divide them equally amoung all of the OFC'ers so all of us could play the lottery game together and post our wins & losses??GWB |
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Joined: November 2005 Posts: 4832
Location: Campbell River, British Columbia | There is a reason they call state run lotteries, The Stupid Tax. |
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Joined: April 2007 Posts: 225
Location: Stow, Ohio | Dude! I would role a big old doober, poor a glass of southern comfort, and trash the Trans-Am.
I would pay off all of our bills of course, stash some aside for retirement, then donate the rest to the care and treatment of our wounded soldiers serving in Iraq and Afghanistan.
I gots plenty of guitars |
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Joined: May 2004 Posts: 383
Location: Indiana | I think I would keep a couple mil for myself and my better half to live(camp and fish)comfortabley. The other 8? I live in a very small town (1500). I spent 13 years on the vol. fire department. I know how much work it is and how hard, to imposible, it is to get funds, sometimes. I think I would open an account with 1 million with the annual interest to go to them. A never ending income for whatever they need. The other 7, do the same thing for a childrens hospital (in my case probably Riley in Indy). Hopefully that money would be used for those who cannot afford the help they are getting.
Bill |
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Joined: October 2006 Posts: 5575
Location: big island | Originally posted by Elliot Meldoy:
... then donate the rest to the care and treatment of our wounded soldiers serving in Iraq and Afghanistan.
somebody should do this. our congress critters don't care about 'em. |
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Joined: April 2006 Posts: 1017
Location: Budd Lake, NJ | I would go back to school, get my master of divinity degree and become a hospice chaplain; set up a trust fund for the grandkids' educations; figure out what I'd need to live simply, both before and after I retired; endow music scholarships; and finally, be able to get both a custom Adamas and a really good mandolin. After that, I'd do as much good with what was left as I could. (When I stop to think about it, I already have what I really need, anyway--and if I only acquire more stuff, then my kids won't thank me later when I'm gone and they have to deal with it. Trust me, I know whereof I speak.)
--Karen |
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Joined: March 2007 Posts: 841
Location: CA | I'd spend $9 million on fast cars, old whiskey and pretty women. The rest I'd just blow. |
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Joined: October 2002 Posts: 178
Location: New York, NY | Let's see...pay off mortgage, student loans, credit cards, then...
Hamer Studio Custom,
Hamer Monaco Elite P-90 |
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Joined: March 2005 Posts: 12759
Location: Boise, Idaho | Move to the same seaside town as Cliff and have him make his first sign so I could hang out my first shingle--"Divorce Lawyer". But that wouldn't work, because he wouldn't be there if I won the $10 million. |
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Joined: October 2006 Posts: 5575
Location: big island | it would probably be enough money to get a Q made, but i'm not certain. |
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Joined: January 2005 Posts: 640
Location: boulder | You think they'd give us a deal on 5000 custom guitars?
Al - got your pencil and pad ready?
LOL...............
That reminds me, Al have you started planning for the next tour??? Just wanted to be the first to ask?? (slipkid made me though-I didn't want to).
Is it true we now get discounts at the fender custom shop?? that's what someone said or something like that I think, . |
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Joined: July 2007 Posts: 423
Location: UK | Id buy some friends and a bit of Scotland , pay for the sun to shine and see about building a few more golf courses in Florida and give the rest away |
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Joined: June 2007 Posts: 3084
Location: Brisbane Australia | Andrea, why would you "buy" friends?
You seem charming enough without having to buy em
:D |
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Joined: July 2007 Posts: 423
Location: UK | You are now my best friend James |
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Joined: June 2007 Posts: 3084
Location: Brisbane Australia | And not sure about Scotland.
Went to Hogmanay last year and just about got blown off the map
AJ :eek: |
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Joined: December 2004 Posts: 2150
Location: Orlando, FL | Sleep late. |
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Joined: January 2002 Posts: 14127
Location: 6 String Ranch | The first thing you do is hire a good tax lawyer to tell you how to keep the most away from the goverment.
Then set the rest up in some sort of income producing investments that will maximize your returns.
NOW you can start.
Decide what you want for yearly income and have that go to your bank account.
You want to donate to charities or whatever, do some every year from the income. This way you can always get the best use as you see fit, right then, of the funds. Things will change with time and the million dollar gift this year is forgotten next year. Besides, it's a tax deduction for you, helps reduce what you have to give the government every year..
If you want to do things for your family/kids/whatever, set up income producing trusts with the advice of the tax/financial lawyer you hired in step one. Either do it now or when you check out.
Buy Guitars
Work very hard at spending the rest of the money, you can't take it with you. |
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Joined: October 2005 Posts: 4049
Location: Utah | The first thing I'd do is call in sick. Then I'd take the dogs for a long walk, followed by a lazy afternoon of watching old movies and playing guitar. Then I'd do what Beal said because it sounds smarter than letting the wife and kids get to it. |
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Joined: January 2007 Posts: 146
Location: Japan | Well after having read those first couple posts there's no way I could forgo sending a pair of Ray Bans to Fugot and having a custom made case done up for StephenT!
I'm sure there's other things I'd do, but I love getting things for people! |
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Joined: July 2007 Posts: 423
Location: UK | Akami , you are also my new best friend and id like a bit of scotland please |
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Joined: March 2002 Posts: 14842
Location: NJ | . . . the wee bit that HASN'T been deep-fried, (yet). |
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Joined: June 2006 Posts: 7307
Location: South of most, North of few | Take guitar lessons? (you could probably learn how to play really fine for that bit of dough) |
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Joined: June 2007 Posts: 3084
Location: Brisbane Australia | Yeah!! I wonder how much Clapton would charge per hour.
:D :D |
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Joined: March 2005 Posts: 5563
Location: Blue Ridge Mountains | Spend it helping children worldwide: Do something worthwhile about their suffering!
I have enough guitars...but there might be some I could buy to give to the kids!
Surprise: I would not give it to the church...I want a say in how its utilized (I would give a tithe)...
As Vince Gill sings: "No matter what you make, all that you can take Is what you give away" |
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Joined: October 2006 Posts: 5575
Location: big island | use it to help others NOW. don't invest it. the economic earthquake is soon to be upon us. dollars will be worthless and people will not be allowed to keep their gold. buy some land to farm on so that you and yours will be able to eat and share food with others. keep some guns and ammunition to shoot people in the leg if they try to steal your crops cuz they were unwilling to farm for themselves. make music to the fullest. |
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Joined: January 2006 Posts: 1479
Location: Michigan | Lanaki Whahhht !!!!
Your getting to DOOMSDAY on me!!!! GWB |
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Joined: January 2005 Posts: 640
Location: boulder | oh and the new dukes of hazzard movie...sorry forgot about that one... |
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Joined: December 2001 Posts: 7224
Location: The Great Pacific Northwest | I've been thinking about this one.
I'd pay off bills, mortgage etc, finish the updates to the house and new studio.. and just put the rest in high-yield savings of different sorts and live off the interest. I'd probably buy a new bike, and maybe a guitar or two, but nothing drastic. |
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Joined: January 2007 Posts: 146
Location: Japan | Originally posted by Andrea:
Akami , you are also my new best friend and id like a bit of scotland please ...and a bottle of Glennfidich for this guy! |
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