"HammerheadFistpunch" (hammerheadfistpunch)
01/13/2016 at 14:12 • Filed to: None | 2 | 29 |
I don’t know what I would do with 1.5 Billion (or the taxed remainder) but I can tell you what I would do with a sudden and large influx of disposable income.
1. Restore the cruiser inside and out with maybe a 1HD-FTE and HF151 swap (or keep the 1fz-fe and do the 151) and all the expo gear that would be reasonable. $50,000
2. Built the house I want with a much larger lot and a separate garage. Probably in midway, Utah. $550,000
3. Find a new daily driver...not sure what it would be but it might be a LS600hl depending on my commute -$80,000 I like discretion and comfort...
4. Buy a fun car...also unsure but it wouldn’t be new and it wouldn’t be excessively powerful. A 4c or Evora S or something. $60,000
5. Buy all the projects that I’ve ever wanted to do:
Restore the
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with re-powered mercruiser tdi engines, and all the latest and greatest in waterproof plaid and canvas. $80,000 at least
1st gen rally RAV4. 3s-gte full cage long travel coilovers, ets. Don’t ask me why. $30,000
SW20 3G-GE BEAMS blacktop swap. $30,000
Restore an old wooden cruiser with inboards in the 35-40 foot range ($150,000 at least) must sleep 4 or more.
6. Family towing rig, probably something off the shelf like a GM duramax or something. Doesn’t matter too much $60,000
7. Buy property in all the places I’ve ever wanted (upwards of 2 million)
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Rhode Island, Maine, or other east coast town
8. Fund and run a company specializing in affordable family camp trailers that can handle a little rough country. ~$150 million invested (also I get a trailer outta the deal...bonus)
9. 35 foot sailboat $100,000
10. Set aside funds to pay for taxes, fees, maintenance and repair of my properties/things without having to use principle. 100 million
11. A few toys
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a few snowmobiles ($30,000)
A freakin Terrawind! ($450,000)
EarthCruiser ($200,000)
Which puts me at $254 million roughly. Man, its hard to spend money after a while....and most of that I haven’t even “spent”
You can keep your 600 million or whatever, I “only” need about 300 or so.
Mr. Ontop, No Strokes, No Smokes...Goes Fast.
> HammerheadFistpunch
01/13/2016 at 14:18 | 2 |
I do not see hookers and blow on your list anywhere...it is incomplete.
extraspecialbitter
> HammerheadFistpunch
01/13/2016 at 14:24 | 0 |
3. Find a new daily driver...not sure what it would be but it might be a LS600hl depending on my commute -$80,000 I like discretion and comfort...
Where exactly would you be daily driving to? You’d keep your grind with ~$300M in the bank?
HammerheadFistpunch
> extraspecialbitter
01/13/2016 at 14:25 | 0 |
depends on where I would have my factory/corporate offices for my trailer company...midway isn’t the ideal place to attract skilled workers.
For Sweden
> HammerheadFistpunch
01/13/2016 at 14:27 | 0 |
no airplane
why
Future next gen S2000 owner
> HammerheadFistpunch
01/13/2016 at 14:28 | 4 |
1st gen rally RAV4. 3s-gte full cage long travel coilovers, ets. Don’t ask me why. $30,000
On here, you’ll never have to explain why. We totally get it.
HammerheadFistpunch
> For Sweden
01/13/2016 at 14:28 | 0 |
hmm, Hadn’t thought about it. Whats a nice Beachcraft B200 run these days?
For Sweden
> HammerheadFistpunch
01/13/2016 at 14:33 | 0 |
Plan on spending at least $1 million for a good one.
http://www.trade-a-plane.com/for-sale/aircr…
extraspecialbitter
> HammerheadFistpunch
01/13/2016 at 14:33 | 3 |
I could be convinced for a lavish sum... (take me with you)
HammerheadFistpunch
> For Sweden
01/13/2016 at 14:34 | 0 |
okay, so put me down down for another 10 million for the plane and to set aside interest for the storage and maintenance. Unless you can recommend something cooler for a family of 4.
MontegoMan562 is a Capri RS Owner
> HammerheadFistpunch
01/13/2016 at 14:41 | 0 |
keep that extra 600 mil so you can pay all the taxes, maintenance and up keep of all that shit lol
For Sweden
> HammerheadFistpunch
01/13/2016 at 14:45 | 0 |
A B200 King Air seats 13. A pressurized turbo Beechcraft 58P Baron that seats six can be had for under $500k
http://www.trade-a-plane.com/detail/aircraf…
HammerheadFistpunch
> MontegoMan562 is a Capri RS Owner
01/13/2016 at 14:49 | 0 |
well I was starting with a post tax sum
HammerheadFistpunch
> For Sweden
01/13/2016 at 14:49 | 1 |
Nice, I’ll take it. Do you accept fantasy money?
For Sweden
> HammerheadFistpunch
01/13/2016 at 14:50 | 1 |
No but the bank sometimes does
MontegoMan562 is a Capri RS Owner
> HammerheadFistpunch
01/13/2016 at 14:54 | 0 |
Don’t forget yearly property taxes on all that land you want.
davesaddiction @ opposite-lock.com
> HammerheadFistpunch
01/13/2016 at 14:54 | 0 |
This is a good list.
HammerheadFistpunch
> MontegoMan562 is a Capri RS Owner
01/13/2016 at 14:58 | 0 |
I put aside 100 mil.
HammerheadFistpunch
> davesaddiction @ opposite-lock.com
01/13/2016 at 14:59 | 1 |
now whats the next step? I guess I should buy a lotto ticket or something.
MontegoMan562 is a Capri RS Owner
> HammerheadFistpunch
01/13/2016 at 15:01 | 0 |
Haha...maybe it’s enough.
Honestly, I wouldn’t even move. I’d upgrade my house but I’m good where we are. I’d buy a lake house as an additional though.
HammerheadFistpunch
> MontegoMan562 is a Capri RS Owner
01/13/2016 at 15:03 | 0 |
I like where I live, but my wife and I both want to build the house we really want. And I want to live in Midway because its the kind of place that has real roads with stoplights and everything but you can still drive your snowmobile down the road in the winter. As for the lakehouse, my siblings and I have become the caretakers of the family cabin and that’s good enough for me.
davesaddiction @ opposite-lock.com
> HammerheadFistpunch
01/13/2016 at 15:07 | 2 |
Your odds are only slightly worse if you don’t.
Spoon II
> HammerheadFistpunch
01/13/2016 at 15:07 | 0 |
Haha, I would love to have the problem where I run out of ways to spend money. I’m a man of fairly simple tastes, my largest expenditures would be a warehouse for toys and a personal chef. No more cooking and food shopping unless I really want to.
HammerheadFistpunch
> Spoon II
01/13/2016 at 15:08 | 0 |
I thought I had fairly simple tastes until I started compiling this list. Apparently im pretty greedy.
Spoon II
> HammerheadFistpunch
01/13/2016 at 15:11 | 0 |
Haha, nah. If you end up with that much you might as well get creative. I’d probably stick aside 50 million for a charity or something too. Maybe another 50 million to pimp out the city I live in. Spruce up the parks and whatnot.
You can tell a Finn but you can't tell him much
> HammerheadFistpunch
01/13/2016 at 15:48 | 0 |
The key is to invest in this. Even at 6% return on your post tax lump sum payout you’re looking at something like $30 million a year without touching the principal. I’m pretty sure I could live quite comfortably on $30,000,000 a year before taxes.
HammerheadFistpunch
> You can tell a Finn but you can't tell him much
01/13/2016 at 15:58 | 0 |
thats what setting aside the 100m was for. Interest pays for my future liabilities.
You can tell a Finn but you can't tell him much
> HammerheadFistpunch
01/13/2016 at 16:15 | 0 |
At work we went with the theory of invest the whole after tax payout up front and just live off the return. You would have to save up for a few years to do some of the things on your list though. As an added bonus you would end up being a trillionaire if you were frugal and only spent a couple million a year.
TheNeonDriver - Now with More BMW!
> HammerheadFistpunch
01/13/2016 at 17:22 | 0 |
Here in Canada, your not taxed on your winnings. The whole amount is yours to keep...
HammerheadFistpunch
> TheNeonDriver - Now with More BMW!
01/13/2016 at 17:26 | 1 |
The tax is living in Canada...
/Ijest