Here's where I'd spend it...

What a silly idea! I'd rather spend it on tatooing someone's head with my site's URL

If I had it, I would invest it so that I would never have to work... And I would of course use part of it for one huge party for all my friends...

$250,000 isn't enough for investing and living without work. You'd need around $10,000,000 for low-risk investing and comfortablyliving without working. However, you can call it investment as well - buy the whole collection and then try to send the best pieces for profit .

Mr Creosote: Maybe we can strike a deal here...

I like this sentence.



Tuss

NetDanzr: I'll call you to work out the deal once I have that much money

If I had a million dollars, I'd buy you 4-complete-sets-of-old-game-boxes-for-many-systems-including-the-odyssey2.

Tuss

$250,000 would be spent on this

Right Here

A car? Now that's really the most useless of all the suggestions

what invest the money, bah, what crazy fools invest money

Edited by sterge10 at 06:19 on September, 10th 2002

Exactly. That is why my plan is different

How does tattooing someone's head help you, besides possibly increasing web trafic and making the person look stupid.

How does buying an extremely expensive car 'help you'?

It makes me look cool, even though I would only be able to drive it for less than a year then have it sit there for 3 and then be able to drive it again. Stupid Australian road laws

Well, tatooing someone's head fulfills the same purpose ( 'being cool' ). So there.

Ten million U.S. dollars? You must have quite a glamorous lifestyle then

Edited by The Mole at 09:54 on September, 10th 2002

NetDanzr is living for free in his boss' house you know

I personally spend around $250 per month because of where I live . However, this is why I recommend $10,000,000:

Put one half into a money market fund - highly liquid and virtually risk-free. Currently, it earns about 1%. That's $50,000 per year. Put $4,000,000 into treasury notes. Current yield around 5% will give you another $200,000. There's a risk, however, of capital loss. Put the rest into medium-risk high-yield equity, which yields roughly 10%, due to depressed markets. That's an additional $100,000, but you risk capital loss or even default.

Together, you'll have $350,000 per year. That puts you into the highest tax bracket - 39%. You'll end up with $213,500 per year, or roughly $18,000 per month. Arguably, this is a lot of money. However, if you want to have a family, if will assure you only comfortable living, nothing extravagant...

Ahem! I'm living on 550? a month.....

Yes well seeing as I live alone (and will probably die alone too ) I wouldn't need that much cash and 250.000 dollars would be quite enough to live of here in belgium...