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What would you do with 1 million pounds?
66Mustang
Member Posts: 4,620 Disability Gamechanger
I thought I’d make a thread about this as a few people decided to answer it on the “ask the next person a question” thread.
I would:
Buy a small cottage up north somewhere where it is cheaper.
Buy a Ford Mustang.
Also the usual go on holiday etc.
But I would put at least the remaining £750,000ish in investments with a decent yield. With a yield of 4% (£30,000 a year) you could live very comfortably.
A bit boring but that is what I would do...
What about you?
I would:
Buy a small cottage up north somewhere where it is cheaper.
Buy a Ford Mustang.
Also the usual go on holiday etc.
But I would put at least the remaining £750,000ish in investments with a decent yield. With a yield of 4% (£30,000 a year) you could live very comfortably.
A bit boring but that is what I would do...
What about you?
Replies
I notice the constant theme so far is that we would all buy a small cottage!
This is my list:
A holiday.
A new boat
A never-ending supply of makeup.
Do you drive boats or would you have someone to drive it for you?
My other idea would be to not buy a house but permanently move around countries as I love travelling. A bit like a permanent holiday but I wouldn’t live in luxury just a normal life in a rented house for maybe 1-2 months then move on. This would be w good way to explore many many countries. I’m not sure how long the money would last though!! A million is a lot but not enough to last a lifetime these days especially with inflation!!
As long enough to be happy is that more important, we all think money is the answer.
Sometimes not. First year of my business turned over a hell of a lot of money. Suddenly I was the most attractive gentleman on the planet.
Socially and the rest could not cope with the attention not me the money.
The time had was working and then the business then the feed bucket family.
Million pounds would never entertain it, does last that long.
Remember something important the reason many of 7% of the country who are rich beyond your wildest dreams own 87%.
Due to clever schemes, plans and behind the scenes avoidance of tax.
Mr Taxman loves a new business starts on you straight away any one who knows that , tries to get some sort of agreement.
I am honest and open too honest paid my tax and VAT claimed for everything argued in offices IRS ones . Some accountants are hell bent on making your life hell as you do employ them but have the experiences of being in control of your money.
I once had the misfortune to have an accountant who deceived me and ended up costing me more in payments.
Great to have a lot of money soon gets ebbed and sucked dry by those who thought were helping you but not.
Including banks family close friends and worse the women whom you supposed to love you care for you . Taking money out your cash box or expected you to support them for them, fine first but not the whole time every time.
Add to that the ever presence of some one you might meet who is interested in you, great fantastic love each other. In reality deceit, conned lied and finds the bulging wallet the best friend. Roll of cash with an elastic band .
So here I am going to buy a car, with cash I mean not a cheque cash. Big expense why not earnt my money done well. Go to the cash box and find it empty.
In my own bedroom at home with my Parents my Mother . I still reeled from that one.
Need I say more.
Lonely man I ever met was a guy who got a compensation claim.
Talking millions here used his wealth and attitude to buy people use and abuse them and control.
All took as he offered them money, in a pub one time with me present.
Not pleasant not nice at all.. On his own and lonely died.
So there you all go have a million pounds . Enjoy it but will not.
I do have wealth actually not money but of experience, knowledge, expertise. Wealth of being associated with my friends and support I get on here.
Wealth of riches in love, trust and respect. Is that more important being the person you are and using the skills talents to enrich your life.
You can be rich and enjoy life by education, learning, listening from each other.
Must add my cup is filled but if it spills over have enough of my riches to help others.
Just a thought every one. Poignant and true. Think of the recent lottery winners.
@thespiceman
SCOPE Volunteer Award Engaging Communities 2019
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But realistically, very little. I'd still be stuck with this body & brain, money wouldn't change my problems at all. I still wouldn't be able to drive a fast/sporty car. I still wouldn't be able to get more than ~20 minutes from home, or stay out for more than an hour, let alone take a holiday and stay somewhere else. I wouldn't even be able to switch from value to the Finest range because the posher the food, the more ingredients I'm intolerant to.
I don't like animals...or people...and I can't say I've had any helpful advice from the various mental health charities I've tried so there isn't really a specific charity I'd want to give any to either. (Well, maybe a little to Scope!
Sadly I wouldn't even be able to take the plane to Switzerland.
So yes, I'd buy a bungalow within my ~20 minute radius but hidden away from people and with a garden to potter in. I'd buy a new (but boring & comfy) car, and I'd replace a few of the dodgy appliances I have now, but I wouldn't be any more content with life.
A million isn't even that much though...if we face the terrifying thought that I might have to be alive for another 50 years; even living as frugally as I do now, £1m wouldn't cover it when you take inflation & tax into account.
Hope it’s not as sinister?
I'd like to drive through the Alps in a red Lambourghini Muira, wearing wraparounds with a cig on the go, bit of Matt Monroe playing on the radio...and head straight into that tunnel without suspecting a thing!
Nice little cottage somewhere in or near the Peak District. A hot tub and a new car. Then live off what's left. I like simple things so I'd be happy.
I thought I`d answered this thread yesterday..but cant see my comments.
I said I would donate money to;
MS Society
HSP
Scope
My hospice and the one my daughter works at.
Pollsxx
The good weather helps our health problems greatly ( breathing problems and my wife has bad arthritis ) ... I would give a chunk to the charities I already give to just now ...and my three children and grandchildren would get a chunk . Myself and my wife have learned to live modestly ...but happy . 👍🙂
I think illness and disability changes our priorities. 10 years ago, I would have splashed half of it on luxuries.
Now, those luxuries are a new bed, accessible car and a better sofa.
I’ve had my issues all my life so have no past life to compare with but even my priorities have definitely changed over the last few years. As I went through education I always had dreams of getting a good job and earning lots of money but I guess as I come to terms with what I can and can’t do, achievement for me now would be to simply own a nice small house somewhere and have food in the cupboards and a reliable car for if I want to travel.
I remember someone questioning whether a luxury lifestyle is earning £100,000 a year and having all the trappings that come with that, but no time; or is earning £20,000 a year but having time to spend with family, enjoy fresh air in the park, etc. a luxury in itself?
I'd take that £1m on top of what I have now, but I wouldnt give up what I have now for that £1m.
The gap between the haves and have nots is now a yawning great chasm.
I remember hearing that too about finding £500. If I remember correctly it even included a lot of the middle class who, really, should have £500 stored away somewhere but in reality are spending their high monthly income each month instead of saving some of it!
A nice bungalow fully kitted out so every single nook and cranny is totally accessible to my daughter.
All the equipment I could only dream about my daughter having atm. And IF IF there’s anything left after that I would put it away for equipment as my six year old daughter grows.
very different things than I would have thought about buying five years ago x
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trouble is..no matter how much money I had...I`d still need carers....cant magic or pay MS away!!
Tis only dreaming and fantasising on this thread...not harming anyone!
Well you all have one if I can be so bold not in person of course.
Always here wish I could be in all your kitchens.
Being the Italian Stallion in the kitchen.
I would be very tired as well having my super suit getting a bit worn out. lol .
Please ask me anything I can help with like to know.
I know a million pounds never want that, any way worth more my time than that to educate, help assist those with issues around cooking.
Pleasure to be here.
Please take care every one and have a lovely Sunday.
@thespiceman .
SCOPE Volunteer Award Engaging Communities 2019
Mental Health advice, guidance and information to all members
Nutrition, Diet, Wellbeing, Addiction.
Recipes