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What would you buy if you won £1 million !!!

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Old 17-11-2006 | 07:04 PM
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Default What would you buy if you won £1 million !!!

Would pay off the mortgage, clear all my debts,have a couple of weeks hols somewhere nice and hot, come back all tanned and still loaded....then blow a huge portion of it on various cars and bikes
Would probably still have to do some kind of work as am sure you could work your way through a few hundred grand in no time ! Would start up my own garage and pay someone else to do all the monkey work and sit back and reap the rewards
Old 17-11-2006 | 07:05 PM
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As per the other thread.
Old 17-11-2006 | 07:06 PM
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Fat properties here and abroad

evo 9 fq 360

enzo

have my cossie concoursed

fat bling

jet ski's

list goes on

Luciano


Sorry thought you was on about the euro millions jackpot
Old 17-11-2006 | 07:06 PM
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house and a business
Old 17-11-2006 | 07:08 PM
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Charlie


Did i see somewhere you get the Evo 9 FQ 400 ??
And what does the FQ stand for ..... Fooking Quick
Old 17-11-2006 | 07:09 PM
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1 mill aint alot.....
Old 17-11-2006 | 07:11 PM
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Buy your silence so this is the last ''What would you do if you won something you aren't going to win'' thread

Only joking.

Trending Topics

Old 17-11-2006 | 07:12 PM
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Thats why i thought i would bring this up and see what peeps think.

Different story if you were to win the Euro millions jackpot as you could buy anything you wanted and never work again and live the rest of your life in luxury buying every kind of car possible !!!
Old 17-11-2006 | 07:14 PM
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Katie

Its always nice to dream though aint it
Old 17-11-2006 | 07:18 PM
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Not a lot.... I'd buy an adequate house (£160k) and pay off my old dears mortgage, and my bro's, and maybe a nice car (nothing silly, maybe an E46 or an RS4 or something)

then the rest is going on to high interest accounts where I earn a fat interest ammount per month, paid directly into my banki account to live off...

Think about it - no debt (mortgage, etc) and a stream of money coming in each month (based on about £600k left over, thats about £2300 per month from a 5% interest account). Ok, so you might not be able to give up work completely, but thats still a sizeable chunk of wedge each mont for doing fuck all! And for life too! And if you fall on hard times, well damn! You have over half a mill in the bank - buy your way out
Old 17-11-2006 | 07:19 PM
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Dreaming once in a while is good..I swear this isn't the 1st dream thread we've had this week though..I'm all out of inspiration for out of proportion ideas.

I'd buy a 3 legged wonkey donkey and buy some children to sing the old ant and dec wonkey donkey song.

Now that, is a dream
Old 17-11-2006 | 07:20 PM
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Originally Posted by Pennywise
1 mill aint alot.....

as said above it would make your lifea LOT easier
Old 17-11-2006 | 07:21 PM
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Originally Posted by Katie
Dreaming once in a while is good..I swear this isn't the 1st dream thread we've had this week though..I'm all out of inspiration for out of proportion ideas.

I'd buy a 3 legged wonkey donkey and buy some children to sing the old ant and dec wonkey donkey song.

Now that, is a dream
http://www.youtube.com/watch?v=CIz8eTlPwnE

Old 17-11-2006 | 07:23 PM
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Originally Posted by Pennywise
1 mill aint alot.....

i wouldnt turn it down, house all paid for,nice cars and a comfy life !!
Old 17-11-2006 | 07:24 PM
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pay off our mortgage first so we are safe.then try and find a business to make some more cash,one i properly enjoy.then buy 1 or 2 cars not silly ones cos as said a mil aint a lot.
oh and i,d put a big garage on the side of the house.
Old 17-11-2006 | 07:27 PM
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always wanted to take a DB9 through kfc...
Old 17-11-2006 | 07:34 PM
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Originally Posted by cozzie_dave1
always wanted to take a DB9 through kfc...
fuck me mate that,ll write it off and close down a perfectly good fast food joint.
Old 17-11-2006 | 08:15 PM
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Originally Posted by cocofireblade
Charlie


Did i see somewhere you get the Evo 9 FQ 400 ??
And what does the FQ stand for ..... Fooking Quick

Know that geez


Luciano
Old 17-11-2006 | 08:18 PM
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Originally Posted by NIL 7717
Originally Posted by cozzie_dave1
always wanted to take a DB9 through kfc...
fuck me mate that,ll write it off and close down a perfectly good fast food joint.
dope
Old 17-11-2006 | 08:20 PM
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First thing I'd do is pay privately to have an op on my shoulder and be out of pain.
Old 17-11-2006 | 08:26 PM
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Originally Posted by cozzie_dave1
Originally Posted by NIL 7717
Originally Posted by cozzie_dave1
always wanted to take a DB9 through kfc...
fuck me mate that,ll write it off and close down a perfectly good fast food joint.
dope

cheerz for the offer but i dont do drugs.
Old 17-11-2006 | 08:29 PM
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Originally Posted by NIL 7717
Originally Posted by cozzie_dave1
Originally Posted by NIL 7717
Originally Posted by cozzie_dave1
always wanted to take a DB9 through kfc...
fuck me mate that,ll write it off and close down a perfectly good fast food joint.
dope

cheerz for the offer but i dont do drugs.

TOP MAN
Old 17-11-2006 | 10:44 PM
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Originally Posted by Pennywise
1 mill aint alot.....
Bear in mind, that if you earn £20k a year, to earn £1mill would take 50years to earn. So whilst it might not be silly money, it's still the more than a lot earn in an entire lifetime!
Old 17-11-2006 | 10:48 PM
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call me stupid but i would buy very few cars and a small house but not move out of the west midlands

the only cars i would buy would be

my dads old sierra cosworth back from spain
martin johnstons eggenburger texaco car
and the orignal Brooklyn touring car from the guy that wont spend a penny on it

oh and a Senior Rotax max crg 06 road rebel kart
Old 17-11-2006 | 10:49 PM
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Originally Posted by Redkop
First thing I'd do is pay privately to have an op on my shoulder and be out of pain.

I'd sort my neck out, out of pain too


Buy a nice house, nothing ott, keep the Cossie , and have another everyday car, would probs go to town on the cossie, not stupid bhp just repace a few parts here and there.
Old 18-11-2006 | 12:18 AM
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Buy a bar in Teners
Have a month slaying in Thailand
Buy a Bulgarian tart to wash my nob

And still have £700k to deal with
Old 18-11-2006 | 12:20 AM
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I've always wanted one of these

Old 18-11-2006 | 07:10 AM
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Originally Posted by Cossie Helen
Originally Posted by Redkop
First thing I'd do is pay privately to have an op on my shoulder and be out of pain.

I'd sort my neck out, out of pain too


Buy a nice house, nothing ott, keep the Cossie , and have another everyday car, would probs go to town on the cossie, not stupid bhp just repace a few parts here and there.
Would have to be out of pain to enjoy what you buy.....
Old 18-11-2006 | 07:32 AM
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Originally Posted by Redkop
Originally Posted by Cossie Helen
Originally Posted by Redkop
First thing I'd do is pay privately to have an op on my shoulder and be out of pain.

I'd sort my neck out, out of pain too


Buy a nice house, nothing ott, keep the Cossie , and have another everyday car, would probs go to town on the cossie, not stupid bhp just repace a few parts here and there.
Would have to be out of pain to enjoy what you buy.....
I'd want to be out of pain for all the hol' i wanted to take

America, Hong Kong etc
Old 18-11-2006 | 08:06 AM
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Originally Posted by Pennywise
1 mill aint alot.....
It's enough to never work again

£300k for a house
£70k for a nice car and couple of bikes
£7k into an ISA
£3k into a current account
£20k into a savings account for easy access

£600k into an Investment Bond with 5% income paid monthly which will give you £30k a year to live on which is plenty with no mortgage

Once I'd got all that sorted I'd probably go to University for about ten years and become a genius
Old 18-11-2006 | 09:51 AM
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I'd buy a TVR sagaris, buy a house, leave the rest in the bank
Old 18-11-2006 | 10:00 AM
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I would NEVER buy a house outright, or pay off my mortgage - not if I wanted to use the money to make a lot more money.

I got my plans for when I get my first million....
Old 18-11-2006 | 10:05 AM
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As per PON. I would invest th ewhole £1m but borrow against it to buy a modest house and live off the intrest. Intrest could equate to about £45k a year.
Old 18-11-2006 | 12:14 PM
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id blow the fuckin lot on a piss up
Old 18-11-2006 | 01:55 PM
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I'd invest the lot.


Then use the collateral to borrow against with a nice low interest rate, and buy a nice house. Then use the interest from my million as a salary for sitting about the house picking my nose
Old 18-11-2006 | 02:01 PM
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Id have it spent, sod saving it!



live for the moment.....
Old 18-11-2006 | 02:27 PM
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Originally Posted by gurnE
Originally Posted by Pennywise
1 mill aint alot.....
It's enough to never work again

£300k for a house
£70k for a nice car and couple of bikes
£7k into an ISA
£3k into a current account
£20k into a savings account for easy access

£600k into an Investment Bond with 5% income paid monthly which will give you £30k a year to live on which is plenty with no mortgage

Once I'd got all that sorted I'd probably go to University for about ten years and become a genius
you get taxed 40% on your 30k,,, think you would wanna work again
Old 18-11-2006 | 03:51 PM
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Pay off the house
Buy a house for my brother in law
Make sure my parents, his parents and my grandparents don't have to worry about money ever again
Get a second FRS and respray it in white
Restore the 3d
Old 18-11-2006 | 04:21 PM
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Originally Posted by GARETH T
Originally Posted by gurnE
Originally Posted by Pennywise
1 mill aint alot.....
It's enough to never work again

£300k for a house
£70k for a nice car and couple of bikes
£7k into an ISA
£3k into a current account
£20k into a savings account for easy access

£600k into an Investment Bond with 5% income paid monthly which will give you £30k a year to live on which is plenty with no mortgage

Once I'd got all that sorted I'd probably go to University for about ten years and become a genius
you get taxed 40% on your 30k,,, think you would wanna work again
Wrong

Investment Bonds are non-qualifying life assurance contract which, yes, means they are subject to income tax.

However the life fund pays Corporation Tax which means that HMRC consider basic rate income tax to be paid.

5% income defers any potential tax liabilities for 20 years anyway which combined with the fact higher rate tax is currently £33,400 of taxable income (and should increase substantially across 20 years) means that once you top slice that gain I doubt you find yourself in the higher rate tax bracket

Obviously this assumes you are not generating any other income in the year of the gain.
Old 18-11-2006 | 04:38 PM
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are you sure? i thought ti was as simple as, capitol gains,,, BANG 40%


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