How would you spend, invest, use, donate, share, park or whatever... $100m?
Give me some ideas so when I win it next week Powerball draw, I'll consider. TIA
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How would you spend, invest, use, donate, share, park or whatever... $100m?
Give me some ideas so when I win it next week Powerball draw, I'll consider. TIA
5% - have fun - share with close family n friends - even fellow punters too !!
5-10% - trust fund
90-80% - invest - diversified indexed , some properties , bonds and super etc
$10 mil on punting
Invest $20 mil in green tec
Buy 30 mil of good return properties
Buy $5 mil of gold
Buy 5 mil of bitcoin when it next crashes
Donate 20 mil to greyhound charities in Australia and spain.
$10 mil paying off family and friends houses and unit lones off.
....................
Two girls at once! ;)
Gifts to family , friends $5M
Buy 2 modest apartments in Singapore max $5M for both..one for me, one for my mate as he has lots of his business contacts there and he can look after my apartment while I am away.
Buy or lease a pokie parlour in Sydney CBD max outlay $10M...to keep a constant cash flow.
Buy Sydney City Apartment close to World Square /Town Hall / Hyde Park / Darling harbour area max $10M.
Whatever is left over, I will have a really nice time with (approx $50M)
Blow it in 12 months on women, cars and drugs
30 mil on various property - residential and commercial.
20 mil on startups, green tech and charities.
20 mil on modest average ppor in sydney and holiday homes near beach and mountains.
25 mil on shares, etf.
5 mil on travelling and punting.
All while keeping low key with my kmart clothes and driving my clapped out holden vectra.
Not a fan of handouts to family and friends, too much trouble...
I'd take out 2m initially to pay off debts / live comfortably, and park the rest into the safest possible "thing" for about 1 year (anybody's guess what that "thing" might be in the current environment, tbh!). Hopefully by the end of that, I'd be used to the idea of having that much money and be able to make some good decisions!
I would give 95 million to animal charities and keep 5 million. I am very content with my lifestyle as it is.
I would get the old Mercedes a makeover and a set of tires for the for the Commodore and also a Cirrus Vision Jet, about 2.5 mill, just gotta get certified to fly it........
put it on black
Start up bonsai business. Mr miyagi would be proud
Spend the $100 Million Dollars on self-education to obtain a Phd researching on all R&T shops in major cities of Australia and publish a book about it.
First thing I'd do is see a financial advisor to help flesh out and refine my rough plans
- 10m leg up to family
- 50m safe investments generating dividend/interest/rental income
- 20m riskier investments in growth companies generating capital gains (or going bankrupt)
- 10-15m pay off debt, upgrade and buy property
- 5-10m discretionary spending for holidays, punting, donating to charity (and tax deductions)
I'd have to buy a ticket to go into the draw too, I suppose 😁