How do you spend £143 Million?

How do you spend £143 Million?

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Discussion

Adam B

27,253 posts

254 months

Thursday 22nd September 2016
quotequote all
Mr-B said:
Surely £143M into binary options, no? Six weeks later you would surely have more wealth than Bill Gates and Warren Buffet combined, so an investment guru wearing a baseball cap told me.
The last thing I would want to do is try and make more money, along with the stress that goes with that. I think a lot of people are right in that there is a very real danger you lose purpose, adopt a WTF attitude and end up ruining relationships and becoming a coke/booze addict. However if you can keep level-headed I am sure your life could be massively enhanced and time rich. You always hear stories of the lottery winners who screwed up because its newsworthy and makes us feel better, never the stories of those who benefited and massively improved their lives.

Me?

I would continue at work and not tell a soul for 6 months, then would resign and not disclose my next job. I work in an industry where people can make that sort of money, so it is feasible I could make a small fortune in a few years (not £143M but it would be easy to cover up say £20M, not that people would ask for a number).
Then would give some to immediate family as my "investments" paid off and I retired from the "highly paid job" I had had.

I would buy a luxury flat in central London and a country pile project somewhere in Cotswolds or similar (I fancy buying an old building and taking it apart brick by brick and reconstructing with modern eco-friendly foundations/insulation/electrics/plumbing/tech but with all original aesthetics). That would be about 10 each, would spend a couple of years travelling the world, first class and top hotel suites, would use up 1-2M but I would earn that back in interest. If I fell in love with somewhere abroad I would buy a place there say 5M, buy the usual luxuries/cars, and then go back to work in an advisory capacity, for a charity/NGO for 2 or 3 days a week.

And take it from there


Edited by Adam B on Thursday 22 September 10:22

Tuvra

7,921 posts

225 months

Thursday 22nd September 2016
quotequote all
Adam B said:
I would continue at work and not tell a soul for 6 months, then would resign and not disclose my next job. I work in an industry where people can make that sort of money, so it is feasible I could make a small fortune in a few years (not £143M but it would be easy to cover up say £20M, not that people would ask for a number).
Then would give some to immediate family as my "investments" paid off and I retired from the "highly paid job" I had had.
Would you be able to resist hyper cars, mansions and five figure holidays for 6 months with £143m in the bank though?

Its a nice plan, for me though there is no way I'd be able to resist. Cars would give the game away for me and I simply wouldn't be able to resist. I'd probably blow £2m in 3 months on second hand cars - and that's before I even order anything new

boxedin


Shakermaker

11,317 posts

100 months

Thursday 22nd September 2016
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If you win, how quickly do you get the money in your bank?

Beefmeister

16,482 posts

230 months

Thursday 22nd September 2016
quotequote all
Am I the only one that gets really f**ked off when people say that winning a large amount of money 'would ruin their life'?

Seriously, if that's the case, don't play the f**king lottery, and you may as well end it all now. FFS, get a grip.

Do they really have such a poor grasp of their own life and friends/family that they wouldn't be able to cope?

Think of all the good you could do. 'Oooh it'd ruin my life' - yeah? Well how about you donate £50m to various charities across the world and save thousands if not millions of lives? Ensure that your whole family never has to worry about debt? Give it all away if you want, you grumpy f**kers.

Jesus f**king tittychrist.

Adam B

27,253 posts

254 months

Thursday 22nd September 2016
quotequote all
Tuvra said:
Would you be able to resist hyper cars, mansions and five figure holidays for 6 months with £143m in the bank though?

Its a nice plan, for me though there is no way I'd be able to resist. Cars would give the game away for me and I simply wouldn't be able to resist. I'd probably blow £2m in 3 months on second hand cars - and that's before I even order anything new

boxedin
Honestly yes, maybe its my age (45) but after the elation and relief of financial security my next thought would be "how do I enjoy this without fking up my/my daughters life?". If I was I my 20s with no daughter maybe I would be more inclined to walk over to Lamborghini London and shout "I'll take them all".

I wouldn't have any stress at work as I wouldn't need the money. I would enjoy 6 months of planning my life of leisure and all the places I want to go and things I want to do. OK maybe I would only last 3 months smile

I would definitely buy a couple of nice cars but I would much rather savour the process/journey of car acquisition a step at a time (switch my 997 turbo for 991 turbo S, buy the missus a small nice car for her to learn in etc).

Dont worry - I have no doubt I would end up with a Zonda F but I would much rather savour the process/journey of car acquisition a step at a time, and would really like some older stuff too which is not conspicuous consumption (eg a 964 turbo 3.6). I have no desire to run out a buy a Chiron/P1/918/LaF as soon as my numbers come up. I might end up with 1 hypercar but much more fun to build up to it IMHO, TBH a Singer appeals more than a Veyron and most non-car people would think a Singer is an old 911 worth £30k

Edited by Adam B on Thursday 22 September 11:16

FN2TypeR

7,091 posts

93 months

Thursday 22nd September 2016
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Adam B said:
and would really like some older stuff too which is not conspicuous consumption (eg a 964 turbo 3.6).
In terms of flying below the radar I would 100% have a black Citroen Cactus if I were loaded and wanted to move about without being stared at/noticed, getmecoat

Shakermaker

11,317 posts

100 months

Thursday 22nd September 2016
quotequote all

Not having to worry about money, after I had done the usual PH thing of enjoying my new fleet of supercars, I suspect I would set off driving an old Land Rover (or something a bit more comfortable) and just, well, see how far we could get before we got bored and then have it shipped home whilst we enjoy first class travel everywhere.

I would like to think I could get a long, long way into Asia, or Africa. However, I suspect the wife would not, so I would get her to fly home and then I'd see if any of my mates wanted to join me as well.

Adam B

27,253 posts

254 months

Thursday 22nd September 2016
quotequote all
FN2TypeR said:
In terms of flying below the radar I would 100% have a black Citroen Cactus if I were loaded and wanted to move about without being stared at/noticed, getmecoat
See I could quite imagine spending £100k on a custom FX4, totally standard exterior, luxury interior and soft suspension for London roads, with Tesla P100D drivetrain yes

Edited by Adam B on Thursday 22 September 11:35

Tuvra

7,921 posts

225 months

Thursday 22nd September 2016
quotequote all
Shakermaker said:
Not having to worry about money, after I had done the usual PH thing of enjoying my new fleet of supercars, I suspect I would set off driving an old Land Rover (or something a bit more comfortable) and just, well, see how far we could get before we got bored and then have it shipped home whilst we enjoy first class travel everywhere.

I would like to think I could get a long, long way into Asia, or Africa. However, I suspect the wife would not, so I would get her to fly home and then I'd see if any of my mates wanted to join me as well.
I always liked the idea of going around the world in something like this:-

cloud9

Beefmeister

16,482 posts

230 months

Thursday 22nd September 2016
quotequote all
Adam B said:
FN2TypeR said:
In terms of flying below the radar I would 100% have a black Citroen Cactus if I were loaded and wanted to move about without being stared at/noticed, getmecoat
See I could quite imagine spending £100k on a custom FX4, totally standard exterior, luxury interior and soft suspension for London roads, with Tesla model S drivetrain yes
You'd have to completely change the driving position then, they're f**king awful to drive.

Adam B

27,253 posts

254 months

Thursday 22nd September 2016
quotequote all
Beefmeister said:
You'd have to completely change the driving position then, they're f**king awful to drive.
I haven't given it serious thought but I reckon £143M would be sufficient to fix most engineering issues - the general point being it is a good way to get about London and would be a fun sleeper.


Edited by Adam B on Thursday 22 September 11:40

Shakermaker

11,317 posts

100 months

Thursday 22nd September 2016
quotequote all
Tuvra said:
I always liked the idea of going around the world in something like this:-

cloud9
That, is pretty much what I actually think I would do.

How much is it to get my HGV licence?

Impasse

15,099 posts

241 months

Thursday 22nd September 2016
quotequote all
Adam B said:
I haven't given it serious thought but I reckon £143M would be sufficient to fix most engineering issues - the general point being it is a good way to get about London and would be a fun sleeper.
An Oyster card is a pretty good way of getting around London, too. Either that or download the Uber app.

Shakermaker

11,317 posts

100 months

Thursday 22nd September 2016
quotequote all
On a related note - as well as supercars - how much would you need for some proper "big boys toys" to play with?

Like... a huge bulldozer, or one of those enormous mobile cranes that need a special escort vehicle... I have always fancied having a go in one of those

P5BNij

15,875 posts

106 months

Thursday 22nd September 2016
quotequote all
Adam B said:
Tuvra said:
Would you be able to resist hyper cars, mansions and five figure holidays for 6 months with £143m in the bank though?

Its a nice plan, for me though there is no way I'd be able to resist. Cars would give the game away for me and I simply wouldn't be able to resist. I'd probably blow £2m in 3 months on second hand cars - and that's before I even order anything new

boxedin
Honestly yes, maybe its my age (45) but after the elation and relief of financial security my next thought would be "how do I enjoy this without fking up my/my daughters life?". If I was I my 20s with no daughter maybe I would be more inclined to walk over to Lamborghini London and shout "I'll take them all".

I wouldn't have any stress at work as I wouldn't need the money. I would enjoy 6 months of planning my life of leisure and all the places I want to go and things I want to do. OK maybe I would only last 3 months smile

I would definitely buy a couple of nice cars but I would much rather savour the process/journey of car acquisition a step at a time (switch my 997 turbo for 991 turbo S, buy the missus a small nice car for her to learn in etc).

Dont worry - I have no doubt I would end up with a Zonda F but I would much rather savour the process/journey of car acquisition a step at a time, and would really like some older stuff too which is not conspicuous consumption (eg a 964 turbo 3.6). I have no desire to run out a buy a Chiron/P1/918/LaF as soon as my numbers come up. I might end up with 1 hypercar but much more fun to build up to it IMHO, TBH a Singer appeals more than a Veyron and most non-car people would think a Singer is an old 911 worth £30k

Edited by Adam B on Thursday 22 September 11:16
Family / friends / charity stuff aside and purely from the car buying angle it's clear that many PHers would be happy buying new high end stuff and nothing else, but the joy for me would be in discovering exactly what the classic European exotica I've lusted after for decades would be like to own and drive on a regular basis. There are plenty of other classics I'd go for too, eg: Jensen Interceptor / FF, Gordon Keeble, yank muscle cars, '50s and '60s Rolls, Bentleys, Astons etc, not forgetting the Citroen SM. My old Mini fetish would be easily taken care of with a project or two 'on the go'. I've never physically restored a complete car by myself, this is something I'd like to do given the time, space and money needed (to crack several nuts at once this would all be done in my Ken Adam / Goldfinger style wooden lined underground lair-come-garage biggrin).

Jasandjules

69,913 posts

229 months

Thursday 22nd September 2016
quotequote all
I don't understand this "you'd spend more moving in the social circles such money brings" thing. I'd remain in my same social circle.

And I would have a wonderful time ensuring my friends and family don't have to worry about money so much anymore, let alone all the good things you could do with the money for strangers and animals etc.




Bullett

10,887 posts

184 months

Thursday 22nd September 2016
quotequote all
How do you solve the friends have to go to work problem?
"Steve, fancey Las Vegas this weekend, I'm paying"
"oh you are at work"

Give them all £5m or how much? How do you decide who to give it to, how big is that circle, are they then beholden to you?



KingNothing

3,168 posts

153 months

Thursday 22nd September 2016
quotequote all
Jasandjules said:
I don't understand this "you'd spend more moving in the social circles such money brings" thing. I'd remain in my same social circle.

And I would have a wonderful time ensuring my friends and family don't have to worry about money so much anymore, let alone all the good things you could do with the money for strangers and animals etc.



Thing is, if you do that then you become known to everyone as the flash who is buying people's friendship, and likewise; if you don't buy all the drinks when you're down the pub and let someone else get them, you become the tightfisted .

Centurion07

10,381 posts

247 months

Thursday 22nd September 2016
quotequote all
Last two comments are exactly the kind of issues a big winner would face, so it really isn't as simple as saying "pfffft, I don't understand how anyone can't cope with a big win".

Beefmeister

16,482 posts

230 months

Thursday 22nd September 2016
quotequote all
They clearly don't have good enough friends then. I know that my friends absolutely wouldn't change the way they act around me if I were me or me + £150m.

Such strange relationships people have.