If you just received 1 million dollars, what would you do with it?

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  • Tsoprano
    BARRELED IN @ SBR!
    • 04-14-08
    • 26374

    #1
    If you just received 1 million dollars, what would you do with it?
  • wtf
    SBR Posting Legend
    • 08-22-08
    • 12983

    #2
    double it betting against the shit celtics
    Comment
    • bobbyfk
      SBR Posting Legend
      • 01-19-09
      • 15218

      #3
      Originally posted by wtf
      double it betting against the shit celtics
      HA HA


      all expect 2-3K into a sportsbook, rest in bank
      Comment
      • Tsoprano
        BARRELED IN @ SBR!
        • 04-14-08
        • 26374

        #4
        Wtf, you backing Boston on Tuesday?

        Comment
        • wtf
          SBR Posting Legend
          • 08-22-08
          • 12983

          #5
          just joking , i only bet on horses

          i know your sick in love with those guys
          Comment
          • ryanspeer2001
            SBR MVP
            • 03-30-08
            • 3149

            #6
            $80k for school
            $300k secured for own bar/restaurant
            $20k for getting teeth fixed and wardrobe loaded


            Other half I'd have a fvcking amazing week in Vegas with a few friends, put a shit ton away or in CD's and give my parents a nice chunk.
            Comment
            • MonkeyF0cker
              SBR Posting Legend
              • 06-12-07
              • 12144

              #7
              Invest it. I'd probably buy a couple of foreclosures here in Vegas and put the rest in the market (stocks and options).
              Comment
              • wtf
                SBR Posting Legend
                • 08-22-08
                • 12983

                #8
                damn they must be giving property away in vegas now
                Comment
                • pico
                  BARRELED IN @ SBR!
                  • 04-05-07
                  • 27321

                  #9
                  have a million dollar crack party.
                  Comment
                  • poker_dummy101
                    Restricted User
                    • 11-03-08
                    • 6395

                    #10
                    eat 10 of these

                    Comment
                    • ryanspeer2001
                      SBR MVP
                      • 03-30-08
                      • 3149

                      #11
                      Originally posted by MonkeyF0cker
                      Invest it. I'd probably buy a couple of foreclosures here in Vegas and put the rest in the market (stocks and options).
                      Good call on the Vegas foreclosures. If you can hang on to those for a few years there is some great value there.
                      Comment
                      • MonkeyF0cker
                        SBR Posting Legend
                        • 06-12-07
                        • 12144

                        #12
                        Originally posted by wtf
                        damn they must be giving property away in vegas now
                        Pretty much. You can find houses that were going for $450k two years ago for as low as $150k right now.
                        Comment
                        • pico
                          BARRELED IN @ SBR!
                          • 04-05-07
                          • 27321

                          #13
                          Originally posted by MonkeyF0cker
                          Pretty much. You can find houses that were going for $450k two years ago for as low as $150k right now.
                          not worth it. the damn us gov made it really hard to make money in real estates. remember when the japs bought the empire state building and the rockfeller center? well, those companies are all bankrupt.
                          Comment
                          • MonkeyF0cker
                            SBR Posting Legend
                            • 06-12-07
                            • 12144

                            #14
                            I'd just rent them out, pico.
                            Comment
                            • pico
                              BARRELED IN @ SBR!
                              • 04-05-07
                              • 27321

                              #15
                              there is the property tax plus if all the vegas house goes to shit, who will rent them? vegas is one of the most over developed places in the states. becareful.
                              Comment
                              • pat venditto
                                SBR Posting Legend
                                • 05-07-07
                                • 14347

                                #16
                                Pico is an asian hitler.
                                Comment
                                • MonkeyF0cker
                                  SBR Posting Legend
                                  • 06-12-07
                                  • 12144

                                  #17
                                  Originally posted by pico
                                  there is the property tax plus if all the vegas house goes to shit, who will rent them? vegas is one of the most over developed places in the states. becareful.
                                  There's the old saying, "They stopped making land years ago.". There will be people who will rent. I could always set them up as timeshares if nothing else. I know someone who is buying them from auction and turning them over for a nice little profit right now.
                                  Comment
                                  • jjgold
                                    SBR Aristocracy
                                    • 07-20-05
                                    • 388185

                                    #18
                                    Gamble with it!!!

                                    I would have like 10 books funded with 100k each
                                    Comment
                                    • pico
                                      BARRELED IN @ SBR!
                                      • 04-05-07
                                      • 27321

                                      #19
                                      Originally posted by MonkeyF0cker
                                      There's the old saying, "They stopped making land years ago.". There will be people who will rent. I could always set them up as timeshares if nothing else. I know someone who is buying them from auction and turning them over for a nice little profit right now.
                                      there is the old saying, two things are certain in life are death and taxes...making profit flipping real estate in vegas is still a gamble. wait til obama start figure out new taxes for vegas. every air conditioner you have will cost you shitload of carbon tax.
                                      Comment
                                      • Mudcat
                                        Restricted User
                                        • 07-21-05
                                        • 9287

                                        #20
                                        I would buy musical instruments and equipment and set up a recording studio for myself. Nothing too elaborate. More a hobby thing.

                                        Other than that, I would semi-retire. I'd devote much less time to betting and spend more at other interests. Music, writing, working with addicts - maybe take some college courses in who-knows-what.
                                        Comment
                                        • Matt Rain
                                          SBR Hall of Famer
                                          • 02-13-07
                                          • 5001

                                          #21
                                          100k in Pinny account
                                          100k in Matchbook account
                                          800k towards guitar-building shop/vintage guitar boutique (rent/inventory/couple employees)
                                          Comment
                                          • BestPlay2day
                                            SBR Hall of Famer
                                            • 08-25-08
                                            • 5794

                                            #22
                                            Invest the money. Buy some quality stocks that are beaten down. Get a nice house and do some traveling with a portion of the money.
                                            Comment
                                            • AgainstAllOdds
                                              SBR Hall of Famer
                                              • 02-24-08
                                              • 6053

                                              #23
                                              If I was out of my mind:

                                              Front row laker tickets right next to Jack Nicholson.
                                              Buy Yankee Season Tickets
                                              Would buy a couple of shares of SBR.
                                              Start my own book.
                                              Payoff my immediate familys debts - Cars, College loans, House ect.
                                              Originally posted by SBR_John
                                              AAO = good dude. Buying you a drink in Vegas buddy.
                                              Comment
                                              • mmike032
                                                SBR Hall of Famer
                                                • 09-11-08
                                                • 8905

                                                #24
                                                put most in the bank and live off the interest
                                                buy land/houses with the rest
                                                Comment
                                                • Fiasco
                                                  SBR MVP
                                                  • 11-02-08
                                                  • 2406

                                                  #25
                                                  turn pro
                                                  Comment
                                                  • james4512
                                                    SBR MVP
                                                    • 10-27-08
                                                    • 3707

                                                    #26
                                                    buy a 500k house
                                                    buy 100k worth of stuff for the house
                                                    buy a BMW M3 65k
                                                    gamble/vacation with 35k
                                                    save 300k


                                                    yes i have thought of this sadly
                                                    Comment
                                                    • Tsoprano
                                                      BARRELED IN @ SBR!
                                                      • 04-14-08
                                                      • 26374

                                                      #27
                                                      Originally posted by james4512


                                                      yes i have thought of this sadly


                                                      it's ok
                                                      Comment
                                                      • The General
                                                        SBR Posting Legend
                                                        • 08-10-05
                                                        • 13279

                                                        #28
                                                        Get some sleep 1st. Then think about it.
                                                        Comment
                                                        • VegasDave
                                                          SBR Hall of Famer
                                                          • 01-03-07
                                                          • 8056

                                                          #29
                                                          Honestly? I'd just put it away. 4 or 5% interest, that's $40,000 to $50,000 a year. I'm a minimalist, I don't need too many extravagant things... 40K - 50K would be easy enough on its own to live on, and whatever I was doing to keep busy (or still hopefully at SBR!) in the meantime would keep me happy.
                                                          Comment
                                                          • Tsoprano
                                                            BARRELED IN @ SBR!
                                                            • 04-14-08
                                                            • 26374

                                                            #30
                                                            Vegas, let Dac hold it mangg, 8% interest after a year...too eazy weezy
                                                            Comment
                                                            • JoshW
                                                              SBR MVP
                                                              • 08-10-05
                                                              • 3431

                                                              #31
                                                              Buying rental houses "sounds" like a good idea in this market. But being a landlord decreases your quality of life unless you have an amazing management team (achieved with scale) or a great manager/handyman that comes cheap.
                                                              Comment
                                                              • jjgold
                                                                SBR Aristocracy
                                                                • 07-20-05
                                                                • 388185

                                                                #32
                                                                If it was no for gambling I would do one of two things. 1. Buy 1 Million worth of coke 2. Spend 1 million on hookers for the next 20 years or so
                                                                Comment
                                                                • MonkeyF0cker
                                                                  SBR Posting Legend
                                                                  • 06-12-07
                                                                  • 12144

                                                                  #33
                                                                  Originally posted by JoshW
                                                                  Buying rental houses "sounds" like a good idea in this market. But being a landlord decreases your quality of life unless you have an amazing management team (achieved with scale) or a great manager/handyman that comes cheap.
                                                                  I would just hire someone or an agency to manage it. I wouldn't have the time to do it myself.
                                                                  Comment
                                                                  • jjgold
                                                                    SBR Aristocracy
                                                                    • 07-20-05
                                                                    • 388185

                                                                    #34
                                                                    Anyone that has a decent amount of rentals has a management company running things where the landlord does not have to do anything.
                                                                    Comment
                                                                    • sallysnax8
                                                                      SBR MVP
                                                                      • 01-22-09
                                                                      • 1686

                                                                      #35
                                                                      House w/ bowling alley.
                                                                      Hire Spitzer's whore for a couple of days
                                                                      Buy enough coke and buds to bless me and jj for a few months
                                                                      put some in bank
                                                                      Become a local bookie
                                                                      buy season tickets to A's games
                                                                      Comment
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