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Would you buy a toilet? How about toilet paper?

2007-03-01 07:39:51 · 9 answers · asked by Anonymous in Business & Finance Personal Finance

9 answers

I'd take about 50 million put it in tripple A- insured 20 year municipal bonds, they should pay me about 1.5 to 2 million a year in income over the next 20 years in intersest payments tax free.

That would then be my living money.

I'd take around 150 million since i'm young and reckless and invest in in higher risk/yield investments, like emerging markets, asian markets, technology, and alternative fuels and global warming friendly companies.

The last 100 million i'd take 80 million and invest in much safer investments, including some Hedge funds, no load mutual funds, real estate, forieign currency and debt.

The last 20 million i'd keep in cash or CD's in various accounts or semi liquid accounts, earning at least 5%.

I'd try and put myself on a plan to have a net worth of a billion dollars in 15 years.

2007-03-01 09:40:44 · answer #1 · answered by Jacques C 2 · 0 1

US$300 million?

I would pay off all my debts, put 2.5 million in a 30 year annuity to pay out monthly, 1.5 million in a 20 year annuity to pay out 3K yearly to a Roth IRA, pay off my families houses, buy a large piece of property that could be used as working farm and build an efficient house on it. I would put the rest of the first 100 million in T-bills, savings bonds, stocks, bonds, and various other investments. The other 200 million I would put in 4 different banks 4 different countries.

Oh, and I might buy an island.

2007-03-01 15:53:01 · answer #2 · answered by David V 5 · 1 0

I'd buy my closest relative a house with a toilet...toilet paper just goes without saying...they live in a 10x12 converted tool shed with NO indoor plumbing & when they have to go, they use their outhouse...no joke!

2007-03-01 15:51:09 · answer #3 · answered by east2west92 4 · 0 0

In the following order of importance:
1) Hire the worlds top investors, tax advisors, and estate planning attornies (aka the group) to create and manage trust funds LEGACIES for all of my future heirs. 50 million each current and have the monies invested conservatively. For each new family member require everyone to complete a Bachelor's and work full-time and volunteer for at least the first eight years after graduating. After which each is given an a monthly allowance equalling annually 200k (more if they continue working and this will adjusted to exceed inflation) to either supplement their job or replace it. But the amount will not be 1 million in a year or anything absurd like that. After the first 10 years a house will be provided in one city of their choice. All the rest of their financial needs they need to manage and plan accordingly so they don't squander the legacy created for them by me. But each subsequent generation will be provided for in a similar fashion, i.e. childbirth to college all education expenses covered by parents. After graduating from college the same requirements as listed above and they will have their own fund created for them which is managed by the group.
2) Create a philanthropy foundation to invest/manage 35% of remaining (after excluding #1) funds to build designated hospitals, research facilities, schools in all major cities in third world countries, then nationally. Hire and retain the best doctors & researchers to heal and discover cures to all illnesses. Also hire, and retain the best educators and pay them well. Also provide free housing for them and their immediate family for as long as they work. If the parents pass the house goes to the heirs.
3) (Use remaining funds after #1 & 2) to become President of the USA to bring about positive changes to our nation. I.e. end the deficit/balance the books, replace social security, fix social programs that are widely abused, create NATIONAL education programs that will raise educational and health awareness. All lower and middle classes will complete their education up to college and become a contributing member of society or they will not receive the benefits others receive. People nationally need to learn they are accountable not only to themselves but the whole nation.
4) Use some of the remaining funds from #1,2, 3 to purchase islands for personal use and to passdown to #1. Also use these lands to build new industries in tourism and to create worldwide demand.
5) All remaining funds use to invest in space exploration research, traveling, human cognitive development, and migration.

2007-03-01 16:24:41 · answer #4 · answered by momo 3 · 0 0

Buy 300,000,000 lottery tickets.

2007-03-01 15:47:37 · answer #5 · answered by Crabboy4 4 · 0 0

a solid gold toilet, with platinum and diamonds all over it. And silk toilet paper. only silk.

2007-03-01 15:45:07 · answer #6 · answered by mitchellinho 4 · 2 0

buy world's toilets indrustries :O XD
uhmmm i'd buy companies and then try to help with american laws about polution to control global warming

2007-03-01 15:53:05 · answer #7 · answered by ashton 1 · 0 0

1) $3,000,000,000.00
2) No.
3) What about toiler paper?

2007-03-01 16:10:19 · answer #8 · answered by Anonymous · 0 1

Buy a new butt. Mine has a crack in it.

2007-03-01 15:47:05 · answer #9 · answered by Scheidemann 2 · 2 0

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