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O.T. What would you do if you won $10 million dollars tomorrow?

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lanaki
Posted 2007-12-11 7:45 PM (#71092 - in reply to #71067)
Subject: Re: O.T. What would you do if you won $10 million dollars tomorrow?


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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Jewel's Mom a/k/a Joisey Goil #1
Posted 2007-12-11 9:03 PM (#71093 - in reply to #71067)
Subject: Re: O.T. What would you do if you won $10 million dollars tomorrow?


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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Oddball
Posted 2007-12-11 10:10 PM (#71094 - in reply to #71067)
Subject: Re: O.T. What would you do if you won $10 million dollars tomorrow?


Joined:
March 2007
Posts: 840

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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Tony PD
Posted 2007-12-11 10:24 PM (#71095 - in reply to #71067)
Subject: Re: O.T. What would you do if you won $10 million dollars tomorrow?


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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Mark in Boise
Posted 2007-12-11 11:08 PM (#71096 - in reply to #71067)
Subject: Re: O.T. What would you do if you won $10 million dollars tomorrow?


Joined:
March 2005
Posts: 12750

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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lanaki
Posted 2007-12-11 11:34 PM (#71097 - in reply to #71067)
Subject: Re: O.T. What would you do if you won $10 million dollars tomorrow?


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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fugot
Posted 2007-12-12 1:21 AM (#71098 - in reply to #71067)
Subject: Re: O.T. What would you do if you won $10 million dollars tomorrow?


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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Andrea
Posted 2007-12-12 6:20 AM (#71099 - in reply to #71067)
Subject: Re: O.T. What would you do if you won $10 million dollars tomorrow?


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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AussieJames
Posted 2007-12-12 6:36 AM (#71100 - in reply to #71067)
Subject: Re: O.T. What would you do if you won $10 million dollars tomorrow?



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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Andrea
Posted 2007-12-12 6:38 AM (#71101 - in reply to #71067)
Subject: Re: O.T. What would you do if you won $10 million dollars tomorrow?


Joined:
July 2007
Posts: 423

Location: UK
You are now my best friend James
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AussieJames
Posted 2007-12-12 6:39 AM (#71102 - in reply to #71067)
Subject: Re: O.T. What would you do if you won $10 million dollars tomorrow?



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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Designzilla
Posted 2007-12-12 6:57 AM (#71103 - in reply to #71067)
Subject: Re: O.T. What would you do if you won $10 million dollars tomorrow?


Joined:
December 2004
Posts: 2150

Location: Orlando, FL
Sleep late.
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Beal
Posted 2007-12-12 9:21 AM (#71104 - in reply to #71067)
Subject: Re: O.T. What would you do if you won $10 million dollars tomorrow?



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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FlySig
Posted 2007-12-12 9:59 AM (#71105 - in reply to #71067)
Subject: Re: O.T. What would you do if you won $10 million dollars tomorrow?



Joined:
October 2005
Posts: 4025

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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Akami
Posted 2007-12-12 11:28 AM (#71106 - in reply to #71067)
Subject: Re: O.T. What would you do if you won $10 million dollars tomorrow?


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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Andrea
Posted 2007-12-12 1:02 PM (#71107 - in reply to #71067)
Subject: Re: O.T. What would you do if you won $10 million dollars tomorrow?


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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cliff
Posted 2007-12-12 1:08 PM (#71108 - in reply to #71067)
Subject: Re: O.T. What would you do if you won $10 million dollars tomorrow?


Joined:
March 2002
Posts: 14842

Location: NJ
. . . the wee bit that HASN'T been deep-fried, (yet).
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Trader Jim
Posted 2007-12-12 1:58 PM (#71109 - in reply to #71067)
Subject: Re: O.T. What would you do if you won $10 million dollars tomorrow?


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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AussieJames
Posted 2007-12-12 4:53 PM (#71110 - in reply to #71067)
Subject: Re: O.T. What would you do if you won $10 million dollars tomorrow?



Joined:
June 2007
Posts: 3084

Location: Brisbane Australia
Yeah!! I wonder how much Clapton would charge per hour.
:D :D
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MusicMishka
Posted 2007-12-12 7:57 PM (#71111 - in reply to #71067)
Subject: Re: O.T. What would you do if you won $10 million dollars tomorrow?


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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lanaki
Posted 2007-12-12 9:09 PM (#71112 - in reply to #71067)
Subject: Re: O.T. What would you do if you won $10 million dollars tomorrow?


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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guitarwannabee
Posted 2007-12-12 11:36 PM (#71113 - in reply to #71067)
Subject: Re: O.T. What would you do if you won $10 million dollars tomorrow?


Joined:
January 2006
Posts: 1477

Location: Michigan
Lanaki Whahhht !!!!
Your getting to DOOMSDAY on me!!!! GWB
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fugot
Posted 2007-12-13 3:42 AM (#71114 - in reply to #71067)
Subject: Re: O.T. What would you do if you won $10 million dollars tomorrow?


Joined:
January 2005
Posts: 640

Location: boulder
oh and the new dukes of hazzard movie...sorry forgot about that one...
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Mr. Ovation
Posted 2007-12-13 5:43 AM (#71115 - in reply to #71067)
Subject: Re: O.T. What would you do if you won $10 million dollars tomorrow?


Joined:
December 2001
Posts: 7210

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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Akami
Posted 2007-12-14 12:16 PM (#71116 - in reply to #71067)
Subject: Re: O.T. What would you do if you won $10 million dollars tomorrow?


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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