Ashu
novelist, sanskritist, Canadian living in India
- Nov 13, 2021
- 733
I'd buy a really nice gun, blow my brains out, and leave the rest of my fortune to my wife.
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Hi - I love your profile title 'onlyanimalsaregood' - animals are pure beauty and innocence is that your cat ? Best Wishes to you xI really don't know. Maybe just take some vacations and go out the country for the first time. Then I would kept the money in the bank.
Hi :) Thank you so much. I totally agree with you, animals are just amazing creatures. Yes That's my cat in my profile picture and my best friend. Best wishes to you too and a good Easter :)Hi - I love your profile title 'onlyanimalsaregood' - animals are pure beauty and innocence is that your cat ? Best Wishes to you x
Animals Truely are the best friends -Best wishes to you both too :)Hi :) Thank you so much. I totally agree with you, animals are just amazing creatures. Yes That's my cat in my profile picture and my best friend. Best wishes to you too and a good Easter :)
My mind was leaning towards residential property development investment rather than having anything to do with their construction. Construction projects are hugely expensive and difficult to manage, so that would be a hassle. There are many opportunities for funding new luxury apartments for instance and the returns are great but the minimum investment expected can be 25k, 50k, 100k etc.... Basically you just throw money at a developer and hope they don't go broke before the houses are finished.I'd probably have some brand new houses constructed and live off the rental income. Take some nice Caribbean vacations. Buy a Range Rover. I'm pretty boring, but then I am sick.
My mind was leaning towards residential property development investment rather than having anything to do with their construction. Construction projects are hugely expensive and difficult to manage, so that would be a hassle. There are many opportunities for funding new luxury apartments for instance and the returns are great but the minimum investment expected can be 25k, 50k, 100k etc.... Basically you just throw money at a developer and hope they don't go broke before the houses are finished.
Yeah but being a landlord sounds like a headache. In my experience a lot of people go into landlording with the belief that it's a walk in the park, and all you do is sit around and collect checks. In reality there are all kinds of things that can go wrong, such as unruly tenants, maintenance complications, disputes with the locals, drugs, etc.... I've seen laymen try it without understanding it's a job, or even that houses can be subject to depreciation too. The prestige of home ownership might be attractive but it doesn't sound worth it unless you know who you are dealing with. Would rather put money in an investment company or property developer and let them sort itThat's pretty cool, I haven't looked into that. In my state there are new housing complexes going up all the time. They build these dime a dozen McMansion homes all over the place for $175-200k. Five of those at $1200 rent per month and you're pretty set. They come with free repairs/warranties on everything too.
But then, like me, you could buy access to some crazy, top of their field doctors to help cure you. Like the same doctors that treated Bieber for his Lyme disease or fixed Hillary Clinton's blood clot in her brain (back when she had that). I have no proof but I like to believe there's an invisible upper echelon of doctors that only serve the wealthy and have treatments that are far more effective. Mr. Duck, you could be at the top of that said list if you were loaded!I'd probably have some brand new houses constructed and live off the rental income. Take some nice Caribbean vacations. Buy a Range Rover. I'm pretty boring, but then I am sick.
Financial advisor I absolutely agree. You are sensible, I like that. I also would hire a good attorney to protect me and to also learn about this hidden shadow world of overseas tax evasion.The absolute #1 thing I would do first is hire an experienced financial advisor from a reputable firm. I would pay a lot of money for this. Many people irl win the lottery and end up more broke than they were before.
Then the next task is to create a plan. My first priority would be to clear all outstanding debt, no matter how minor. Then I would want at least 30% in long-term investments such as the S&P 500 and through companies such as Vanguard and Fundsmith. Another minimum of 10% would go to a pension. This would secure my future.
After that I would look at investment opportunities that had never been on the table before which would be riskier but more lucrative. Such as buying property overseas or sponsoring an ambitious project. This is where the advice would come in.
And then.. do what I want maybe? Throw all my stuff into storage and wander the planet a while. Work here and there for the hell of it. Doesn't feel like that part matters.
Simple, just work for GoogleI also would hire a good attorney to protect me and to also learn about this hidden shadow world of overseas tax evasion.
As if the barrier of entry to work for Google is not a big deal! lmaoSimple, just work for Google