After reading all your responses I can see why you're all poor and nothing but a bunch of douchebag runners
After reading all your responses I can see why you're all poor and nothing but a bunch of douchebag runners
Travel the world on my big azz boat with a couple of ladies maybe 10 or so have plenty of coke :) and other drinks like liquor on board for everyone then come back to my island I bought with say 50 million and have some more fun then maybe 20 million I would donate to either cancer or aids research whatever left just invest in gold or silver something who knows but it would be a nice problem to have I couldn't even spend that money if I tried oh yeah I would be a 67 Shelby cobra :) elinor off of gone in 60 seconds the most wicked car ever made that would cost I think 750 K since they are only 500 or so left in the world today.
they call me flopro wrote:
Travel the world on my big azz boat with a couple of ladies maybe 10 or so have plenty of coke :) and other drinks like liquor on board for everyone then come back to my island I bought with say 50 million and have some more fun then maybe 20 million I would donate to either cancer or aids research whatever left just invest in gold or silver something who knows but it would be a nice problem to have I couldn't even spend that money if I tried oh yeah I would be a 67 Shelby cobra :) elinor off of gone in 60 seconds the most wicked car ever made that would cost I think 750 K since they are only 500 or so left in the world today.
That's a Mustang not a cobra in Gone in 60 Seconds.
Wollef wrote:
Give much away to charity? Ensure your family/relatives live a good life? Travel? Play?
Keep Bernie Sanders out of office because he would steal it and redistribute to the lazy and worthless.
TAA wrote:
Spend 50 million on drugs and women, then waste the other half.
Way to go Tugger
Wrong Car wrote:
they call me flopro wrote:Travel the world on my big azz boat with a couple of ladies maybe 10 or so have plenty of coke :) and other drinks like liquor on board for everyone then come back to my island I bought with say 50 million and have some more fun then maybe 20 million I would donate to either cancer or aids research whatever left just invest in gold or silver something who knows but it would be a nice problem to have I couldn't even spend that money if I tried oh yeah I would be a 67 Shelby cobra :) elinor off of gone in 60 seconds the most wicked car ever made that would cost I think 750 K since they are only 500 or so left in the world today.
That's a Mustang not a cobra in Gone in 60 Seconds.
A cobra is a mustang
I would buy Mike Rossi's DQ, then I would buy Mike Rossi liposuction, then I would pay Mike Rossi never to smirk again, then I would buy Mike Rossi several shirt sleeves, then I would buy Mike Rossi a duck outfit for Halloween, then I would buy Mike Rossi black paint spray for his orange hair and white cowboy hats, then I would buy Mike Rossi's finisher medals, then I would buy a 50-foot high electrocuted steel wall and pay for it to permanently close in Mike's house, then I would buy Mike Rossi's twitter account and unblock it.
Hookers and blow my friend, hookers and blow.
Ummm.... wrote:
A cobra is a mustang
Nooo..... Someone at Ford wisely licensed the brand a long time ago.
https://en.wikipedia.org/wiki/AC_CobraMy understanding is it's actually kind of hard to drive beyond show-car speed.
Kind of a classic "V8 sound" when running and standing far enough away.
they call me flopro wrote:
Travel the world on my big azz boat with a couple of ladies maybe 10 or so have plenty of coke :) and other drinks like liquor on board for everyone then come back to my island I bought with say 50 million and have some more fun then maybe 20 million I would donate to either cancer or aids research whatever left just invest in gold or silver something who knows but it would be a nice problem to have I couldn't even spend that money if I tried oh yeah I would be a 67 Shelby cobra :) elinor off of gone in 60 seconds the most wicked car ever made that would cost I think 750 K since they are only 500 or so left in the world today.
You could maybe buy a period to end that run on sentence.
cards are cool wrote:
What is everyone thinking giving away so much of it? First off the "G" is going to take a large portion of that away in taxes. Second, if you hand over say a million to a family member they in turn will have to pay taxes on that money AGAIN. That would be the second time "G" is going to tax that money. It's better for anyone who has a large sum of money to hand over to family to give a yearly allotment under the taxable rate for donations.
This is a common misconception. There is a lifetime exclusion of $5.5 million on gifts to others. The 14,000 is what you can give to an individual each year without tracking it. If you give more than that you simply need to fill out a Form 709. Once the lifetime total gift is over $5.5 million, then the money is taxed.
The wealthy can pass their wealth to their children while still alive virtually tax-free, but the very wealthy cannot. If more parents knew about this they would probably do it.
Except those parents don't have money
PartingShot wrote:
cards are cool wrote:What is everyone thinking giving away so much of it? First off the "G" is going to take a large portion of that away in taxes. Second, if you hand over say a million to a family member they in turn will have to pay taxes on that money AGAIN. That would be the second time "G" is going to tax that money. It's better for anyone who has a large sum of money to hand over to family to give a yearly allotment under the taxable rate for donations.
This is a common misconception. There is a lifetime exclusion of $5.5 million on gifts to others. The 14,000 is what you can give to an individual each year without tracking it. If you give more than that you simply need to fill out a Form 709. Once the lifetime total gift is over $5.5 million, then the money is taxed.
The wealthy can pass their wealth to their children while still alive virtually tax-free, but the very wealthy cannot. If more parents knew about this they would probably do it.
2 chicks at the same time....I always wanted to that, man.
I wouldn't do a damn thing. I wouldn't want anyone to know that I have money. I would make anonymous donations to people, business, charities, politicians that I support.
I would travel more but not excessively. I would still operate my business.
The very first thing I would do is not tell anyone. I would not quit my datly job. I would pay off student loans very quietly.
The only thing kind of evil I would do is buy the house I grew up in, demolish it and sell the land. All in all this is a smart plan because the land is worth more than the house. But I have always wanted to do this :/
~1 milliion - From that point forward I would buy an upper class 4-5 bedroom home and convert the full basement into personal a cafe/bar.
~.75 million - I would build a second home in the uncorrupted forests of Canada
~.75 million - few boats and cars, some traveling
~95 million - investmen's across the board
~2.5 million - I would quietly monitor the financial circumstances of extended family and fix as many problems as I could for them without telling them who did it. The satisfaction of knowing you changed someone's life is good enough for me. Plus I don't want them to make a habit of coming back to me for more money so that's why I would handle these affairs discretely. I want them to feel lucky and change for the better because of it.
P.s. I can spell. Hard typing on a mobile device.
Leonard wrote:
2 chicks at the same time....I always wanted to that, man.
rojo wrote:
Wollef wrote:Give much away to charity? Ensure your family/relatives live a good life? Travel? Play?
Why is everyone being so un charitable? Barely giving any of it away? I would start by giving $48.35 million of it away to my fellow citizens
I'll start local and give 3.20% of it to my fellow Baltimoreans, then 5.75% of it to my fellow Marylanders and 49.6% of it to people from every state. So basically 1 million to every state in the land.
I'm going to be entrusting the IRS to handle this for me as I don't have time to be handle all of the disbursement my check.
After that, I'll lay low for a while, maybe invest some of it while I wait to see if any magazine writers want to profile me for my generosity.
This is why I read letsrun.
50M to establish a charitable trust; pay a few people to run it.
20M to my own investments
15M to purchase a few properties and some chunks of land.
5M to the family/extended family now
5M set aside for nieces/nephews to come for college, etc.
2M set aside for my kids' college and young adulthood
1M to the Alma Mater
1M to the High School
1M on random sh*t in the short term (Defender 110, 535d, Slantnose, LandCruiser, new/non-sh*tty clothes, 30' sailboat, horses/barn for the wife, nice Nikon Lenses)
well done, sir wrote:
rojo wrote:Why is everyone being so un charitable? Barely giving any of it away? I would start by giving $48.35 million of it away to my fellow citizens
I'll start local and give 3.20% of it to my fellow Baltimoreans, then 5.75% of it to my fellow Marylanders and 49.6% of it to people from every state. So basically 1 million to every state in the land.
I'm going to be entrusting the IRS to handle this for me as I don't have time to be handle all of the disbursement my check.
After that, I'll lay low for a while, maybe invest some of it while I wait to see if any magazine writers want to profile me for my generosity.
This is why I read letsrun.
Rojo. The capital gains tax is at 15%. Where are you getting 49.6%? Top bracket is what, 35?