by J.W. » Mon Apr 11, 2005 3:51 pm
$100 million after taxes...hmmm...
$10mil to charity and local phlianthropic causes (e.g. i'd give every teacher in the city a big fat bonus, build a museum, etc)
$4mil - primary home and land
$1mil - vacation home 1 - somewhere in the tropics
$1mil - vacation home 2 - somewhere in the mountains
$1mil - vacation home 3 - somewhere in europe
(all vacation homes would be investments and bought in areas with appreciating real estate value - buying and selling vacation homes would not only allow being able to live all over world, but also to make a buck or two on each sale)
$5mil - family member's homes, vehicles, and debt payment
$3mil - Private Jet
$2mil - Upscale Restaurant and Sports Bar
$3mil - now the fun stuff - VEHICLES and AUDIO SYSTEMS - I would have many different vehicles of varying body styles each with a different sytem to be able to experiment with sound, brands, etc. Vehicles would include:
1984 4Runner (current vehicle) - Ascendant drivers, Memphis amps, Alpine HU
2006 Cadillac Escalade - Ascendant drivers, US Amps amps, Alpine HU
1979 Toyota Landcruiser FJ55- Nakamichi audio
2007 Toyota FJ Cruiser - Eclipse Audio
2006 GMC 3500HD Sierra Duramax - Adire drivers, Orion amps, Alpine HU
2006 BMW 725i - Dynaudio drivers, Brax amps, Blaupunkt?! HU
1969 Dodge Charger - DD drivers, Harrison Labs amps, Alpine HU
1964 Chevy Impala convertible - mmats drivers and amps, Alpine HU
2005 Ferrari 575M Maranello - Morel Drivers, Sinfoni amps, McIntosh HU
2006 Aston Martin DB9 - Linn Audio
2006 Rolls Royce Phantom - McIntosh Audio
2006 Cadillac CTS-V - Image Dynamics drivers, PPI art series amps, Alpine HU
wow...i could do this for a while...
$70mil - i would invest in various financial markets to earn a conservative 8% to 10%. i would draw 5%, or $3.5mil for annual income for myself and to pay the salary of my "staff" :) . by doing so, the remaining 3% to 5% would help grow the asset base to allow income to increase each year to keep up with inflation, etc.
ahh...it sure is fun to dream sometimes :)
$100 million after taxes...hmmm...
$10mil to charity and local phlianthropic causes (e.g. i'd give every teacher in the city a big fat bonus, build a museum, etc)
$4mil - primary home and land
$1mil - vacation home 1 - somewhere in the tropics
$1mil - vacation home 2 - somewhere in the mountains
$1mil - vacation home 3 - somewhere in europe
(all vacation homes would be investments and bought in areas with appreciating real estate value - buying and selling vacation homes would not only allow being able to live all over world, but also to make a buck or two on each sale)
$5mil - family member's homes, vehicles, and debt payment
$3mil - Private Jet
$2mil - Upscale Restaurant and Sports Bar
$3mil - now the fun stuff - VEHICLES and AUDIO SYSTEMS - I would have many different vehicles of varying body styles each with a different sytem to be able to experiment with sound, brands, etc. Vehicles would include:
1984 4Runner (current vehicle) - Ascendant drivers, Memphis amps, Alpine HU
2006 Cadillac Escalade - Ascendant drivers, US Amps amps, Alpine HU
1979 Toyota Landcruiser FJ55- Nakamichi audio
2007 Toyota FJ Cruiser - Eclipse Audio
2006 GMC 3500HD Sierra Duramax - Adire drivers, Orion amps, Alpine HU
2006 BMW 725i - Dynaudio drivers, Brax amps, Blaupunkt?! HU
1969 Dodge Charger - DD drivers, Harrison Labs amps, Alpine HU
1964 Chevy Impala convertible - mmats drivers and amps, Alpine HU
2005 Ferrari 575M Maranello - Morel Drivers, Sinfoni amps, McIntosh HU
2006 Aston Martin DB9 - Linn Audio
2006 Rolls Royce Phantom - McIntosh Audio
2006 Cadillac CTS-V - Image Dynamics drivers, PPI art series amps, Alpine HU
wow...i could do this for a while...
$70mil - i would invest in various financial markets to earn a conservative 8% to 10%. i would draw 5%, or $3.5mil for annual income for myself and to pay the salary of my "staff" :) . by doing so, the remaining 3% to 5% would help grow the asset base to allow income to increase each year to keep up with inflation, etc.
ahh...it sure is fun to dream sometimes :)