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Joined: Dec 2000
Posts: 437 Likes: 1
4 point
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4 point
Joined: Dec 2000
Posts: 437 Likes: 1 |
I would see how far it would go on paying off my debts.😁
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Joined: Dec 2002
Posts: 52,264 Likes: 18
Mildly Quirky
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Mildly Quirky
Joined: Dec 2002
Posts: 52,264 Likes: 18 |
A few million, like $2 or $3 million? Invest, maybe buy some land in Kansas or Oklahoma, probably keep doing what I'm doing. Wouldn't be enough to change too many things.
At least $10 million or more? I'd invest, retire and be done.
Last edited by Clem; 11/03/20 10:15 AM.
"Hunting Politics are stupid!" - Farm Hunter
"Bible says you shouldn't put sugar in your cornbread." Dustin, 2013
"Best I can figure 97.365% of the general public is a paint chip eating, mouth breathing, certified dumbass." BCLC, 2020
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Joined: Dec 2004
Posts: 20,208 Likes: 85
Freak of Nature
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Freak of Nature
Joined: Dec 2004
Posts: 20,208 Likes: 85 |
Other than pay off the wife’s car, I wouldn’t make any financial decisions for at least 6 months.
If voting made any difference, they wouldn’t let us do it.-Mark Twain
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Joined: Feb 2015
Posts: 8,276 Likes: 23
14 point
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14 point
Joined: Feb 2015
Posts: 8,276 Likes: 23 |
First thing, keep it a secret. If invested in 3% bonds that's $30,000 for every $1m.
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Joined: Oct 2012
Posts: 1,857 Likes: 1
8 point
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8 point
Joined: Oct 2012
Posts: 1,857 Likes: 1 |
Pay off house cars etc. invest the rest. Quit my job and live off the interest.
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Joined: Jan 2006
Posts: 407
4 point
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4 point
Joined: Jan 2006
Posts: 407 |
book a red stag hunt in new zealand.
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Joined: Jun 2015
Posts: 15,539 Likes: 89
Old Mossy Horns
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Old Mossy Horns
Joined: Jun 2015
Posts: 15,539 Likes: 89 |
First thing, keep it a secret. If invested in 3% bonds that's $30,000 for every $1m. And 2.5%ish of that would be lost to inflation...
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Joined: Jan 2002
Posts: 7,270 Likes: 1
14 point
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14 point
Joined: Jan 2002
Posts: 7,270 Likes: 1 |
Y'all are some stingy bastards. I'd start a foundation for inner-city minorities to try and change the projection of their life. Aw who am I kidding, I'd buy some more land.
"I'd rather go down the river with seven studs than with a hundred ****heads"
- Colonel Charlie Beckwith
Founder Delta Force
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Joined: Nov 2015
Posts: 14,515
Booner
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Booner
Joined: Nov 2015
Posts: 14,515 |
Y'all are some stingy bastards. I'd start a foundation for inner-city minorities to try and change the projection of their life. Aw who am I kidding, I'd buy some more land. I thought you already donated 25% of every paycheck to the United Negro College Fund?
"The true soldier fights not because he hates what is in front of him, but because he loves what is behind him."
-G. K. Chesterton
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Joined: Feb 2011
Posts: 3,747
10 point
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10 point
Joined: Feb 2011
Posts: 3,747 |
Y'all are some stingy bastards. I'd start a foundation for inner-city minorities to try and change the projection of their life. Aw who am I kidding, I'd buy some more land. I thought you already donated 25% of every paycheck to the United Negro College Fund?  Chit that is funny................
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Joined: Aug 2002
Posts: 23,825 Likes: 50
Freak of Nature
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Freak of Nature
Joined: Aug 2002
Posts: 23,825 Likes: 50 |
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Joined: Aug 2002
Posts: 23,825 Likes: 50
Freak of Nature
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Freak of Nature
Joined: Aug 2002
Posts: 23,825 Likes: 50 |
Y'all are some stingy bastards. I'd start a foundation for inner-city minorities to try and change the projection of their life. Aw who am I kidding, I'd buy some more land.
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Joined: Jan 2002
Posts: 7,270 Likes: 1
14 point
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14 point
Joined: Jan 2002
Posts: 7,270 Likes: 1 |
Y'all are some stingy bastards. I'd start a foundation for inner-city minorities to try and change the projection of their life. Aw who am I kidding, I'd buy some more land. I thought you already donated 25% of every paycheck to the United Negro College Fund? As my old buddy from North Carolina used to say "Not hardly".
"I'd rather go down the river with seven studs than with a hundred ****heads"
- Colonel Charlie Beckwith
Founder Delta Force
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Joined: Nov 2011
Posts: 13,904 Likes: 288
Booner
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Booner
Joined: Nov 2011
Posts: 13,904 Likes: 288 |
Y'all are some stingy bastards. I'd start a foundation for inner-city minorities to try and change the projection of their life. Aw who am I kidding, I'd buy some more land. Sounded good though.
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Joined: Nov 2011
Posts: 13,904 Likes: 288
Booner
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Booner
Joined: Nov 2011
Posts: 13,904 Likes: 288 |
First thing, keep it a secret. If invested in 3% bonds that's $30,000 for every $1m. And 2.5%ish of that would be lost to inflation... And then you'd lose a large portion of your principle when a ton of these municiplaites and state issued bonds that make up a large portion of bond funds go into default, and they are forced to file bankruptcy in the near future due to loss of tax revenue due to Covid shutdowns, non-renewals on leased property, falling commercial property values, underfunded pensions and other unfunded liabilities and the overall general fiscal irresponsibility of their mostly democrat leaders over the last 20-40 years. Pelosi has been pushing for $2 trillion to bail out these Dem run cities and states and that's what Trump and the senate have refused to do. It's coming, wait and watch.
Last edited by abolt300; 11/03/20 12:03 PM.
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Joined: Jun 2012
Posts: 9,877
14 point
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14 point
Joined: Jun 2012
Posts: 9,877 |
Retire to a Rocky Mtn. state ,,,,hunt and fish the rest of my life.
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Joined: Jan 2003
Posts: 14,794 Likes: 69
Pope of Aldeer and Expert
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Pope of Aldeer and Expert
Joined: Jan 2003
Posts: 14,794 Likes: 69 |
I'd move near Out back that way nobody would bother me. Get a financial smart person to manage my wealth.
Support our country. Kill chickens.
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Joined: Feb 2015
Posts: 8,276 Likes: 23
14 point
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14 point
Joined: Feb 2015
Posts: 8,276 Likes: 23 |
First thing, keep it a secret. If invested in 3% bonds that's $30,000 for every $1m. And 2.5%ish of that would be lost to inflation... And then you'd lose a large portion of your principle when a ton of these municiplaites and state issued bonds that make up a large portion of bond funds go into default, and they are forced to file bankruptcy in the near future due to loss of tax revenue due to Covid shutdowns, non-renewals on leased property, falling commercial property values, underfunded pensions and other unfunded liabilities and the overall general fiscal irresponsibility of their mostly democrat leaders over the last 20-40 years. Pelosi has been pushing for $2 trillion to bail out these Dem run cities and states and that's what Trump and the senate have refused to do. It's coming, wait and watch. Remember, I just won it. That $30,000 is just added gravy to my current retirement plan. And I would never invest in Muni's. It would be spread across dividend stocks and corporate bonds. I just received my .445 dividend for my EPD stock. That equates to almost a 10% ROI at the current share price. Have a nice day.
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Joined: Sep 2007
Posts: 847
6 point
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6 point
Joined: Sep 2007
Posts: 847 |
Pay off debt. Give to church. Pay for my kids & my nieces college. Buy some wooded acreage that backs up to a fishable river somewhere. Put the rest up. Get up & go to work the next day.
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Joined: Dec 2002
Posts: 14,381 Likes: 65
Booner
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Booner
Joined: Dec 2002
Posts: 14,381 Likes: 65 |
I’d try my best to live off the interest minus 3% for inflation, and quit work. I don’t have any grand plans other than to do what I want to do when I want to do it.
Everything woke turns to shucks
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