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O.T. What would you do if you won $10 million dollars tomorrow?
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Forums Archive -> The Vault: 2007 | Message format |
lanaki |
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Joined: October 2006 Posts: 5575 Location: big island | Originally posted by Elliot Meldoy: somebody should do this. our congress critters don't care about 'em.... then donate the rest to the care and treatment of our wounded soldiers serving in Iraq and Afghanistan. | ||
Jewel's Mom a/k/a Joisey Goil #1 |
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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 | ||
Oddball |
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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. | ||
Tony PD |
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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 | ||
Mark in Boise |
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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. | ||
lanaki |
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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. | ||
fugot |
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Joined: January 2005 Posts: 640 Location: boulder | You think they'd give us a deal on 5000 custom guitars? LOL............... Al - got your pencil and pad ready? 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, . | ||
Andrea |
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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 | ||
AussieJames |
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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 | ||
Andrea |
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Joined: July 2007 Posts: 423 Location: UK | You are now my best friend James | ||
AussieJames |
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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: | ||
Designzilla |
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Joined: December 2004 Posts: 2150 Location: Orlando, FL | Sleep late. | ||
Beal |
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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. | ||
FlySig |
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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. | ||
Akami |
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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! | ||
Andrea |
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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 | ||
cliff |
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Joined: March 2002 Posts: 14842 Location: NJ | . . . the wee bit that HASN'T been deep-fried, (yet). | ||
Trader Jim |
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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) | ||
AussieJames |
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Joined: June 2007 Posts: 3084 Location: Brisbane Australia | Yeah!! I wonder how much Clapton would charge per hour. :D :D | ||
MusicMishka |
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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" | ||
lanaki |
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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. | ||
guitarwannabee |
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Joined: January 2006 Posts: 1479 Location: Michigan | Lanaki Whahhht !!!! Your getting to DOOMSDAY on me!!!! GWB | ||
fugot |
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Joined: January 2005 Posts: 640 Location: boulder | oh and the new dukes of hazzard movie...sorry forgot about that one... | ||
Mr. Ovation |
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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. | ||
Akami |
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Joined: January 2007 Posts: 146 Location: Japan | Originally posted by Andrea: ...and a bottle of Glennfidich for this guy!Akami , you are also my new best friend and id like a bit of scotland please | ||
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