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If you won $1,000,000, would you keep working?
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If you won a million dollars, you would...
stop working right away at least for a few years.
14%
 14%  [ 9 ]
stop working for good.
8%
 8%  [ 5 ]
stop doing your current job and look around for a more fulfilling one.
45%
 45%  [ 28 ]
keep doing what you're doing.
22%
 22%  [ 14 ]
take a big vacation and then go back to work.
9%
 9%  [ 6 ]
Total Votes : 62

Author Message
poet13



Joined: 22 Jan 2006
Location: Just over there....throwing lemons.

PostPosted: Thu Mar 27, 2008 11:30 pm    Post subject: Reply with quote

Had a milion already. Lots more. Ex-wife got almost all of it. It's not that much money. I agree with the others. 5 mill minimum.
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DRAMA OVERKILL



Joined: 12 Apr 2005

PostPosted: Fri Mar 28, 2008 12:22 am    Post subject: Reply with quote

Kuros wrote:
A million is a start, but its not enough to get comfortable.


If we're at a point in time where a million dollars is not enough to be comfortable, wel then I f*cking give up. Give up. Wink
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poet13



Joined: 22 Jan 2006
Location: Just over there....throwing lemons.

PostPosted: Fri Mar 28, 2008 12:31 am    Post subject: Reply with quote

YOu have to think about this way though. You're not just gaining revenue from the money for the coming year. You have to account for inflation, which means that chunk of money needs to grow. If inflation is 3%, then the amount of revenue you generate must also increase by 3%. To do that means your "wad" needs to be that much bigger....every year. Also, kids are expensive as hell, and if you like travelling like we do, then putting a family of (soon to be four) on an airplane is a major expense all by itself.
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yingwenlaoshi



Joined: 12 Feb 2007
Location: ... location, location!

PostPosted: Fri Mar 28, 2008 2:16 am    Post subject: Reply with quote

You never know how you're going to feel though. I could keep teaching at my current job...
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mindmetoo



Joined: 02 Feb 2004

PostPosted: Fri Mar 28, 2008 4:56 am    Post subject: Reply with quote

DRAMA OVERKILL wrote:
Kuros wrote:
A million is a start, but its not enough to get comfortable.


If we're at a point in time where a million dollars is not enough to be comfortable, wel then I f*cking give up. Give up. Wink


I guess it depends. If you buy a $300K house and work at Wal-Mart, you might not have the income to pay the property tax etc. If you work a middle class job and then don't have to worry about saving for retirement, then a mil lets you be comfortable. If you're just planning to draw upon the money, and you draw $50,000 a year (that's tax free), you have funds enough for 20 years (not including interest the money earns).
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Cheonmunka



Joined: 04 Jun 2004

PostPosted: Fri Mar 28, 2008 6:23 am    Post subject: Reply with quote

Then, 20 years of living a good life, and not passing on your earnings to your wee ones. ... is the benefit, or not, of that.
There's more to prop. ownership ...
I bought a house a few years ago. It's given me a new identity. I'm not, 'homeless.'
When you own your own home the world treats you differently. You treat the World differently. The money that you hold in the bank and withdraw annually will dissapate. Your mortgage funding is payouts, too, but that is more seen as building than spending.
The house that you hold gives you community spirit. It's seen that way. Well, in small hometown NZ it is. The US? Why not?

Some bloody nice houses in Vermont.
Can anyone tell me about central Vermont?
Have seen some beautiful acres there with wonderful houses. If you can pay the prop tax whyTF don't you buy there. Ohh, so affordable. If I were American 'd be taking advantage of these low interest rates and getting stuck in. Some really nice real estate in New England.

Damn. Petrol. Gasoline is on the way out. How can we live in rural Vermont?
Aaaarrrghhhh, Goddamn dichotomies!
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crusher_of_heads



Joined: 23 Feb 2007
Location: kimbop and kimchi for kimberly!!!!

PostPosted: Mon Mar 31, 2008 6:48 pm    Post subject: Reply with quote

I would support princess for the rest of her life.
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Hoegaarden



Joined: 02 Aug 2007
Location: Guro-Gu

PostPosted: Tue Apr 01, 2008 1:14 am    Post subject: Reply with quote

I'll tell you what I'd do, man: two chicks at the same time, man.
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cuckoo for kimchi



Joined: 27 Jul 2006
Location: somewhere lost in time and space...or korea

PostPosted: Tue Apr 01, 2008 1:47 am    Post subject: Reply with quote

I'd quit working....in Korea, anyway.
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definitely maybe



Joined: 16 Feb 2008

PostPosted: Tue Apr 01, 2008 3:10 am    Post subject: Reply with quote

Hoegaarden wrote:
I'll tell you what I'd do, man: two chicks at the same time, man.


hey, peter man!
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PRagic



Joined: 24 Feb 2006

PostPosted: Tue Apr 01, 2008 12:13 pm    Post subject: Reply with quote

You need more than a million bucks to stop working these days, at least if you want a decent place to live that you own and a sustainable income over the duration of your non-working life.

Uh, or you could move to Thailand, Vietnam, or the Philippines and live like a king for 10K a year. Take out some good insurance, and just hope you never get really, really sick or injured.
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SuperFly



Joined: 09 Jul 2003
Location: In the doghouse

PostPosted: Tue Apr 01, 2008 2:35 pm    Post subject: Reply with quote

I'd move to Montana and become a dental floss tycoon.
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