Originally posted by Das0s:

That is a good question. First of all, I'd spend some of that money into buying a house in a location that I wanna live in long-term. Probably half of it I'd invest it in that house.

The other half:

- My hobbies: buying gear, getting into some training regime for what I wanna do. I estimate around 100k would go into this.

400k left:

- High possibility: 100k would go into furthering my career in aviation probably. I say probably because I am already satisfied with my position, but it's not impossible that somewhere along my journey I'd consider upping.

300k left:

- I'd spend some of it for my closest family members probably, according to their needs. The rest I'd leave "frozen" in case I want to invest in something else. Let's say 150-250k frozen. I am not sure what I'd do with this money. I probably wouldn't even touch it as I assume I'd already have my separate salary.

That was a great answer, thank you very much, I appreciate your thoughts.

ANOTHER ONE?!
Same as always: Silver. Gold. Funds. Real estates.

And a new jar of peanut butter and green apples.

if you wired me 1 million euro.. does that include the massive taxes that that will incur??

if from a lottery : 25% lottery tax.
if from an inhertance : 20%
if a straight gift.. 42% income tax

and ofcourse each year I own it I will also be paying wealth tax of about 1.6% of what remained at 1 januari of that year.

=======

but presuming you give me more than 1 million to cover all these taxes at least for the first year.,


-I would buy a house (average house price in my nation is over 500k.. and impossible to get a morgage even on my above median income..
it is unlikely to be a nice house need couple million for that... but a terraced house with a garden should with a million to spend at least be possible.,., if you stay out the big cities..

-the rest.. I would use part of to get training.
**likely get another phd.. that will cost me likely 100k
**and might splurge and also get that harp I always wanted for 30k.. and go take lessons even if those are a tad expensive at 300 euro a week..

the rest likely about 300k left... would ass to my high divident stock portfolio
(I not care about the value of the stock I hold only that it gets me relative to what I originally paid for it as much divident as possible as well as strable.. reliable compagnies with solid buisnuiss records but a stockpricedrop are golden... crap compagnies that have stock prices tripple every year but never pay divident and have not made a cent in profit I avoid...
I hate volatileness reliable and boring I like..

if I buy a 100 euro stock and it pais 6-7 euro divident every year and has done so 30 years and will do so 30 more years.. I not care if the stockprice rises or drops.. I only care it pays my divident and has a structural sound fbuisnuiss it can keep doing that possible forever...

500k Charity 500k Ferrari

Originally posted by Dutchgamer1982:

if you wired me 1 million euro.. does that include the massive taxes that that will incur??

if from a lottery : 25% lottery tax.
if from an inhertance : 20%
if a straight gift.. 42% income tax

and ofcourse each year I own it I will also be paying wealth tax of about 1.6% of what remained at 1 januari of that year.

=======

but presuming you give me more than 1 million to cover all these taxes at least for the first year.,


-I would buy a house (average house price in my nation is over 500k.. and impossible to get a morgage even on my above median income..
it is unlikely to be a nice house need couple million for that... but a terraced house with a garden should with a million to spend at least be possible.,., if you stay out the big cities..

-the rest.. I would use part of to get training.
**likely get another phd.. that will cost me likely 100k
**and might splurge and also get that harp I always wanted for 30k.. and go take lessons even if those are a tad expensive at 300 euro a week..

the rest likely about 300k left... would ass to my high divident stock portfolio
(I not care about the value of the stock I hold only that it gets me relative to what I originally paid for it as much divident as possible as well as strable.. reliable compagnies with solid buisnuiss records but a stockpricedrop are golden... crap compagnies that have stock prices tripple every year but never pay divident and have not made a cent in profit I avoid...
I hate volatileness reliable and boring I like..

if I buy a 100 euro stock and it pais 6-7 euro divident every year and has done so 30 years and will do so 30 more years.. I not care if the stockprice rises or drops.. I only care it pays my divident and has a structural sound fbuisnuiss it can keep doing that possible forever...

I am aware of the many taxes. :(

Originally posted by redmoon:

500k Charity 500k Ferrari

Nice guy

I'll buy red roses for 1 euro each. Then I'll dump those roses in a parking lot and stomp them.

Hey lets take the training wheels off here, get extravagant, what would you really do with One Million Euro?

Originally posted by Magic A. I.:

I'll buy red roses for 1 euro each. Then I'll dump those roses in a parking lot and stomp them. :summercat2023:

Why do you hate roses bro, what did they ever do to you?

Originally posted by Neuro:

Hey lets take the training wheels off here, get extravagant, what would you really do with One Million Euro?

Well, I suppose I could also buy a few thousands vibrating foregrips and mail them to people in this thread.

I would invest all into passive incomes, such as rental properties, etc. I would only then spend the passive income upon myself and excess upon charities.

Idol money is useless... billionaires suck at live and have no clue to how much of a slave they are to money. It's the same deal as being dirt poor, if not even worst. Become financially wealthy instead and don't let money control you. I ironically pity the ultra-rich more than I do the poor. Who are still willing to share what little they have... have more of a life and less controlled by it. It's what the bible actually calls as being a vampire, leeching off others (not blood, but money). Doomed to never be satisified or even get to enjoy what they got.

https://www.youtube.com/watch?v=PjsMnvqL7eY

House 200k, taxes on house 50 years 100k, dozer 50k, fencing 20 acres 20k, underground cellar 80k, nice mountain bike 2k, dirt bike 6k, well 30k, dslr with lenses and skytracker 2k, solar batteries 50 years worth 10k, firewood 50 years 50k, 7 cars about 6 years per car till breaks 20k.

Guess only need about 600k

Originally posted by Neuro:

Originally posted by Magic A. I.:

I'll buy red roses for 1 euro each. Then I'll dump those roses in a parking lot and stomp them.

Why do you hate roses bro, what did they ever do to you?

You clearly didn't get it. It's okay. Have this train of thought:

I would make a giant bon fire and burn it all.

Money is useless to me. i have higher values and morals.

Invest it until I have one billion gagillion fafillion shabadabalo shabadamillion shabaling shabalomillion yen.