What would ya do with 1 million euro

tintinr35

thread title is pretty self explainatory

oq4v3ht0u76kf2

Pay off my debts, start a snooker / pool hall (thought could maybe even top €1m for that alone!) and probably build my dream computer... and one each for my brothers and mam as well. Hmm, €1m doesn't get ya much in this feckin' country. Though I suppose if I doubled it I might be able to afford car insurance...

billy the squid

100,000,000 Jelly Babies !!!!!!!

Zombienosh

Spend it, tbh.

funk-you

Fantasy:
Live the rest of my life between my beach hut in thailand and my shack in a louisianna byou playin guitar until i die drinkin beer and moonshine from a jug.

Reality:
Buy a load of crap i dont need and feel guilty when i see a concern add.
A few more guitars and maybe a gaf if i was feeling really sensible.

To be artistic:
make my million euro pile in the middle of a large room, climb to the top of a ladder and take a dump on it from a height.*







*Please excuse vulgarities

The Real B-man

1. House
2. Car
3. kick ass pc
4. Designer gear

Winters

I'd buy yore ma.

Mossy Monk

probably move abroad and start all over again

bringitdown

Buy boards.ie .... and then my reign of terror would begin

cournioni

Build a decent sized house and buy a new car. And probably a villa in Spain.

toiletduck

fantasy: put it all on a horse in the bookies and triple it!

reality: buy a house, car, drink....

ambro25

Buy 5 or more houses all "on the pump" with minimum deposit, 1 nice to live in, and 4 to rent for paying the 5 mortgages.
Update my '97 Impreza to a newer-ish model.
Put at least a €100 G's in my baby daughter's trust fund.
Stash the rest in Jersey/Guernsey/Caimans/... [p-p-p-pick a fiscal haven].

[Spot the sensible mid-30s guy, here]

Chalk

get that guy on the 20000 euro ad to advise me how to turn it into loads more....

what would you do with 20 grand?
"ehh, id buy a car for 18 grand, get it insured and then invest the rest."

chaps about 20 ...... :rolleyes:

petes

Chalk wrote:

get that guy on the 20000 euro ad to advise me how to turn it into loads more....

what would you do with 20 grand?
"ehh, id buy a car for 18 grand, get it insured and then invest the rest."

chaps about 20 ...... :rolleyes:

I think he failed maths at school.

skywalker

ambro25 wrote:

Buy 5 or more houses all "on the pump" with minimum deposit, 1 nice to live in, and 4 to rent for paying the 5 mortgages.
Update my '97 Impreza to a newer-ish model.
Put at least a €100 G's in my baby daughter's trust fund.
Stash the rest in Jersey/Guernsey/Caimans/... [p-p-p-pick a fiscal haven].

[Spot the sensible mid-30s guy, here]

Buy 5 houses and have 100 G's leftover? Its only 1 million quid.

Lump

Take out a hit on people who start crappy threads

John

the jew

PORNAPSTER wrote:

Build a decent sized house and buy a new car. And probably a villa in Spain.

mr. original here, fúck me, how long did you spend coming up with that.

Crucifix

Get 200,000 five euro notes, and tape them to my body.

Sleepy

I'd clear my debts, quit my job, hand each of my direct family members 50k (except my little brother, his would go into trust til his 21st birthday) load 50,000 into a credit card and take off on a round the world trip with that, leaving well over 700,000 invested in a nicely spread portfolio of property/shares/bonds etc. to ensure I've something to return to.

D

Buy food.





I'm a student with no money and I'm starting to get hungry as I haven't eaten in a few days.

Repli

skywalker wrote:

Buy 5 houses and have 100 G's leftover? Its only 1 million quid.

Read it again, he said he would take out mortgages on them, so he would only need about €35k deposit for each house = Roughly €175k, but to be honest - it's rare for the monthly rent to exceed the monthly mortgage, so there would still be expenses.

One thing I definitely wouldn't do is leave it in a deposit account, yes it would be gaining interest at a rate of 3% or so per year, but with inflation at around 3.5%, your money would be losing value.

As Sleepy said, the best option and what I would probably do too is invest in a diversified portfolio of shares, property, bonds, etc

Lump

50,000 to go around the world.... that's nothing.

John

MooShop

i would but a house (good investment and wouldnt have a mortgage to pay ) also i would travel the world for a year, something i've always wanted to do

MooShop

*buy

sorry not but

mp3guy

Put €750,000 in the bank, and spend the rest.

Garibaldi

Pay off my debts, rent out the house, and then head away on a round-the-world motorbike trip of no fixed duration. Heaven....sigh....

anna20

buy a house, a new car, put rest in bank, finish college and then see what happens

Tippex

Pay of my mortgage on my house here and in florida.
Invest the rest possibly in more property.

Boring I know but 1 mill wont last forever.....

loz

Tippex wrote:

Pay of my mortgage on my house here and in florida.
Invest the rest possibly in more property.

Boring I know but 1 mill wont last forever.....

You could buy an few rounds tonight you cheap bastard

skywalker

Repli wrote:

Read it again, he said he would take out mortgages on them, so he would only need about €35k deposit for each house = Roughly €175k, but to be honest - it's rare for the monthly rent to exceed the monthly mortgage, so there would still be expenses.

Would the bank actually let you do that?

cournioni

the jew wrote:

mr. original here, fúck me, how long did you spend coming up with that.

Almost as long as you took thinking up your username... :rolleyes:

Repli

skywalker wrote:

Would the bank actually let you do that?

With €1 million in the bank they would..

ambro25

skywalker wrote:

Would the bank actually let you do that?

Why wouldn't it?

@ Repli - so long as it breaks even @ realtime (e.g. both [+] & [-] follow inflation) through the duration of the mortgage and market doesn't sneeze, it's a (small but sure) winner. Winner would be a rapid-repay account -type mortgage (e.g. Virgin 'One Account') fuelled by earnings from the rest of the pile of moolah... Funny how your (daily-calculated) m'gage interests come down when there's €100k or so sitting in your R-R a/c = mortgage repaid in half-the-time at no xtra cost (coz m'gage interest calc'd on m'gage value - 'appreciating' €100k)

Deposit account is wayyyy out of the question...BUT - you should see the 'interesting' rates (current and boggo-standardo savings a/c) you can get in some non-IE jursidictions

Jeanious

Id take a week off work, strip off nakeh, and roll around in the bed with all the million quid before i spent it.

she just sounds so sexy....

skywalker

ambro25 wrote:

Why wouldn't it?

Seems like a large risk for the bank to just hand 5 mortgages to someone with no experience of handling money, just because they've won a large amount of money. Who's to say they wont squander it in a year.

Be differant if they'd amassed it through a combination of savings/investments.

jimmytango

i find it very frustrating that all of you just want to buy
houses cars pc's, things you think make you happy but they wont.

ireland is probably one of the most materailistic nations in the world
all you can think about is yourselves and how to make yourself happy

ever heard of charities?
what about investing in renewable energy
using the money to lobby the goverment for change!!!

does anyone see the big picture?????
tunnel vision ireland sucks!!!!!

Feenikusu

Travel around the world and put the rest aside to buy a house and thinga like that later.

Saturnine

House,Ford Focus RS,Ibanez 7 string guitar and the rest to charity.

Only Human

tintinr35 wrote:

What would ya do with 1 million euro

Sit at home and post on boards.ie.

FranknFurter

1- 250,000 to various charities

2- design and build the ultimate accessible house for myself

3- FINALLY be able to buy an i-bot chair ( http://www.independencenow-europe.com/uk/ibot/index.html ) for 22,000 euro *drool*

4- pay all my huge amounts of debt, and live bill/stress-free for as long as possible.

oh, and buy boards.ie new equip to stop the 3am downtime of course!

Romo

If you are talking about just blowing it on something stupid (no pun intended). Apparently, some very well know actresses and supermodels are available nightly for a seven figure sum and a guarantee of complete confidentiality on your part.

tintinr35

bump

LadyJ

I'd pay Derren Brown to hang out with me!

A$$A$$IN

Buy one of those mahoossive vodka bottles and attempt to drink it all. Then use the money to pay for a liver transplant