What would you buy if you won £1 million !!!
#1
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
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
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#8
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 !!!
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 !!!
#10
Irritating c........
iTrader: (1)
Joined: May 2003
Posts: 21,265
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From: The Dark Side of the Moon...
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
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
#11
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
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
#13
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
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
#15
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.
oh and i,d put a big garage on the side of the house.
#19
Originally Posted by NIL 7717
Originally Posted by cozzie_dave1
always wanted to take a DB9 through kfc...
#21
Originally Posted by cozzie_dave1
Originally Posted by NIL 7717
Originally Posted by cozzie_dave1
always wanted to take a DB9 through kfc...
cheerz for the offer but i dont do drugs.
#22
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...
cheerz for the offer but i dont do drugs.
TOP MAN
#23
Irritating c........
iTrader: (1)
Joined: May 2003
Posts: 21,265
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From: The Dark Side of the Moon...
Originally Posted by Pennywise
1 mill aint alot.....
#24
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
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
#25
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.
#28
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.
#29
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.
America, Hong Kong etc
#30
Originally Posted by Pennywise
1 mill aint alot.....
£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
#35
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
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
#37
Originally Posted by gurnE
Originally Posted by Pennywise
1 mill aint alot.....
£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
#38
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
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
#39
Originally Posted by GARETH T
Originally Posted by gurnE
Originally Posted by Pennywise
1 mill aint alot.....
£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
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.