Rep Retirement Lodge 198 - A New Season Begins...

[bigblue_dl]

Re: Rep Retirement Lodge 198 - A New Season Begins...

Also, I'd buy this house: https://www.zillow.com/homes/for_sal...52_rect/13_zm/

edit: Scratch that. New plan: https://www.zillow.com/homes/for_sal...02_rect/11_zm/

[Scarlet]

Re: Rep Retirement Lodge 198 - A New Season Begins...

Scarlet, when you have that kind of money, you don't buy a ticket and fly commercial. You call NetJets and you're in the air within 30 minutes.

Yeah, but I'm frugal. It would be a first class ticket, though!

[JF_Gophers]

Yeah, but I'm frugal. It would be a first class ticket, though!

No babies on chartered flight.

[state of hockey]

Re: Rep Retirement Lodge 198 - A New Season Begins...

So I'm the only one that would put it in a shoebox on the top shelf of a closet? Huh.

[melmac]

Re: Rep Retirement Lodge 198 - A New Season Begins...

So I'm the only one that would put it in a shoebox on the top shelf of a closet? Huh.

Wonder if I could get it all in $2 bills...

[MinnesotaNorthStar]

Re: Rep Retirement Lodge 198 - A New Season Begins...

So I'm the only one that would put it in a shoebox on the top shelf of a closet? Huh.

I think you would need at least 2 shoe boxes...

[St. Clown]

Re: Rep Retirement Lodge 198 - A New Season Begins...

I think you would need at least 2 shoe boxes...

How small are his feet?

[JF_Gophers]

Re: Rep Retirement Lodge 198 - A New Season Begins...

A $100 bill weighs about 1 gram. So if you got all of the 1.6B, thats over 35,000 pounds.

[state of hockey]

A $100 bill weighs about 1 gram. So if you got all of the 1.6B, thats over 35,000 pounds.

The shelf is pretty sturdy. House was built in '27. They don't make them like they used to.

[hockeyplayer1015]

Re: Rep Retirement Lodge 198 - A New Season Begins...

On the plane, back to the grind in the am. Been a long vacation, but enjoyable.

[leswp1]

Re: Rep Retirement Lodge 198 - A New Season Begins...

Therein lies the difference. I have no real interest in establishing a business.

Me too. Maybe it is my time of life but I would be much more interested in managing giving it where it would help.

Theoretically, if I won $700M, my goal would be to turn it into $2B. I would envision starting a company modeled after Berkshire Hathaway, and invest in, and/or buy other companies, and build a diverse business portfolio, in addition to stocks, bonds and real estate.

The thought of that - meh.

I haven't thought about all the shell game things except I wouldn't tell until I was set with a plan.
Would put $$ into trust for immediate family/extended family- I have <30 relatives (even counting 2nd cousins) at this point that I have contact with (and that is scraping the barrel. We don't reproduce. Of them 6 are in their 80s.
I like the idea of waiting a year or 2 before distributing
I would probably like to look for small charities- ones that work only on a local level- soup kitchens, shelters.
Think about doing something for Recovery houses- with wholistic approach- self care, training, family support, daycare etc.
Endow a few scholarships
Move the hell outta this town

With that much cash I think I would be less freaked if someone stole some. At that point it isn't like you are going to run out. I would be careful but I would try to not be paranoid about every person maybe taking something. (I know but I could afford to be lazy

Stack of 100$ give to people to distribute to folks they see who have a need. If they distribute they get more to give. If they don't- then that is it.

[bigblue_dl]

Re: Rep Retirement Lodge 198 - A New Season Begins...

Me too. Maybe it is my time of life but I would be much more interested in managing giving it where it would help.

The thought of that - meh.

I haven't thought about all the shell game things except I wouldn't tell until I was set with a plan.
Would put $$ into trust for immediate family/extended family- I have <30 relatives (even counting 2nd cousins) at this point that I have contact with (and that is scraping the barrel. We don't reproduce. Of them 6 are in their 80s.
I like the idea of waiting a year or 2 before distributing
I would probably like to look for small charities- ones that work only on a local level- soup kitchens, shelters.
Think about doing something for Recovery houses- with wholistic approach- self care, training, family support, daycare etc.
Endow a few scholarships
Move the hell outta this town

With that much cash I think I would be less freaked if someone stole some. At that point it isn't like you are going to run out. I would be careful but I would try to not be paranoid about every person maybe taking something. (I know but I could afford to be lazy

Stack of 100$ give to people to distribute to folks they see who have a need. If they distribute they get more to give. If they don't- then that is it.

Giving it away? Meh.

Having that much capital to invest and play with would be exhilarating. Finding, researching, and vetting business ventures, then investing in promising ideas and business plans would be tons of fun.

[Greyeagle]

Re: Rep Retirement Lodge 198 - A New Season Begins...

Brother-in-law is a top estate planning attorney in MSP & despite his obvious flaw (packer fan) seeking advise from him would be a no brainer.
For the rest I'd take his advise.

My dream is to take the $5-$10 I didn't spend on lottery tickets and treat myself to a nice cappuccino and large dark roast tomorrow morning.

[leswp1]

Re: Rep Retirement Lodge 198 - A New Season Begins...

Giving it away? Meh.

Having that much capital to invest and play with would be exhilarating. Finding, researching, and vetting business ventures, then investing in promising ideas and business plans would be tons of fun.

mr les and lilnsl both had this reaction. I like more tangible things- if I do this I can see a physical change- If I donate locally and I see an immediate reward for that- yay. I get the whole strategizing thing being a challenge but that kind of stuff leaves me cold.

[The Rube]

Re: Rep Retirement Lodge 198 - A New Season Begins...

As far as holing up, I wouldn't do that until I actually went to verify the ticket. I'd continue to work my job, and use my days off for meetings with lawyers/financial guys, etc. Do nothing out of the ordinary. The day I walk into their office to get everything verified, I have a "go" bag and I'm gone for quite a while. Until that point, NO one outside of the previously mentioned contacts would know I won.