I just inherited 6 million dollars by buize - Page 6 - TribalWar Forums
Click Here to find great hosting deals from Branzone.com


Go Back   TribalWar Forums > TribalWar Community > General Discussion
Reload this Page I just inherited 6 million dollars
Page 6 of 19
Thread Tools
WarBuddha
VeteranXX
Contributor
Old
101 - 10-30-2014, 13:34
Reply With Quote
I'm shocked that people on Tribalwar actually trust banks and the market, this is unexpected
 
WarBuddha is offline
 
Sponsored Links
Al'Muktar
VeteranXX
Old
102 - 10-30-2014, 13:35
Reply With Quote
kill your parents buy slum rentals
 
Al'Muktar is offline
 
buize
VeteranXX
Contributor
Old
103 - 10-30-2014, 13:56
Reply With Quote
d
 
buize is offline
 
Last edited by buize; 08-05-2022 at 05:35..
Eggi
VeteranXX
Old
104 - 10-30-2014, 13:59
Reply With Quote
Quote:
Originally Posted by amRam View Post
Its not because Im bad with money, its because I have a different set of priorities. I'm not advocating he purchase a 4M villa, just a decent house he wants to live in and some land he can call his own- not the bank's.

The house isn't an 'investment' for future return, it's a roof over his head. Should the economy collapse and all his investments go to ****, he still has a place to live.
if you are extremely risk averse and can't handle market ups and downs, then sure, do that, but its not the best use of the $ in this interest rate environment. and there's definitely a psychological factor to owning something outright.
 
Eggi is offline
 
Last edited by Eggi; 10-30-2014 at 14:03..
[N]PRIME189
VeteranXX
Old
105 - 10-30-2014, 14:00
Reply With Quote
Quote:
Originally Posted by Al'Muktar View Post
kill your parents buy slum rentals

it sounds like he already did kill his parents
 
[N]PRIME189 is offline
 
darkpiece
VeteranXX
Old
106 - 10-30-2014, 14:01
Reply With Quote
i m happy 4 buize he work hard and such curin cancers and wat not

this dood is gfg
 
darkpiece is offline
 
amRam
VeteranXX
Contributor
Old
107 - 10-30-2014, 14:02
Reply With Quote
Quote:
Originally Posted by Eggi View Post
if you are extremely risk adverse and can't handle market ups and downs, then sure, do that, but its not the best use of your $.
Spending 1/10th of his inheritance on a house is hardly poor use of the money. You guys are weird.
 
amRam is online now
 
buize
VeteranXX
Contributor
Old
108 - 10-30-2014, 14:02
Reply With Quote
d
 
buize is offline
 
Last edited by buize; 08-05-2022 at 05:35..
Federere
VeteranXX
Old
109 - 10-30-2014, 14:04
Reply With Quote
Celebratory spliff stat
 
Federere is offline
 
darkpiece
VeteranXX
Old
110 - 10-30-2014, 14:04
Reply With Quote
( :
 
darkpiece is offline
 
WarBuddha
VeteranXX
Contributor
Old
111 - 10-30-2014, 14:04
Reply With Quote
ya i gathered that from your $6 mil inheritance buize
 
WarBuddha is offline
 
Chaol
VeteranXX
Old
112 - 10-30-2014, 14:11
Reply With Quote
Quote:
Originally Posted by Federere View Post
Celebratory spliff stat
for real, priority numero uno

celebrate, take it easy, and let it sink in for a while

I'm a financial planner and have seen plenty of people in your shoes who rush out to make a dozen impulsive decisions and blow their wad. The default seems to be to **** it all up.

edit: celebrate isn't quite the right term for an inheritance, poorly worded
 
Chaol is offline
 
Last edited by Chaol; 10-30-2014 at 14:14..
Eggi
VeteranXX
Old
113 - 10-30-2014, 14:24
Reply With Quote
Quote:
Originally Posted by amRam View Post
Spending 1/10th of his inheritance on a house is hardly poor use of the money. You guys are weird.
assuming a moderate return of 7% vs a mortgage rate of 4% you're giving up over .5M over 10 yrs to buy a 600K house outright. Really comes down to how risk averse you are.
 
Eggi is offline
 
amRam
VeteranXX
Contributor
Old
114 - 10-30-2014, 14:29
Reply With Quote
Quote:
Originally Posted by Eggi View Post
assuming a moderate return of 7% vs a mortgage rate of 4% you're giving up over .5M over 10 yrs to buy a 600K house outright. Really comes down to how risk averse you are.
I'm just sayin that he can still invest in the markets with most of that money, but take a small fraction and put it into something tangible in case the worst happens. It's kind of like hedging, isn't it? He might lose his shirt in the markets but at least he'll still have a place to live, mortgage-free. Seems like a prudent decision to me, and I don't consider myself risk averse at all.
 
amRam is online now
 
Peter_2000
VeteranXV
Old
115 - 10-30-2014, 14:47
Reply With Quote
The two best pieces of financial advice anyone on here can give you:

1. Watch out for the selfish, greedy, ultra-materialistic gold diggers.
2. If you do make the mistake of getting married, ALWAYS demand a prenup! No signature, no marriage.

Not even another great depression will financially ruin you as fast and as deeply as a woman.
 
Peter_2000 is offline
 
Tic
VeteranXX
Old
116 - 10-30-2014, 15:05
Reply With Quote
Whoever said you cant live off of $6M is a ****ing moron and has no idea what they speak of nor probably had any sizable amount of money in their lives so they have no experience.

If invested wisely, you can easily live off the DIVIDENDS/INTEREST of that investment, get something that pays 3% annually and you are getting $180K a year pre tax.
 
Tic is offline
 
Dalmar
VeteranX
Old
117 - 10-30-2014, 15:10
Reply With Quote
Quote:
Originally Posted by Peter_2000 View Post
The two best pieces of financial advice anyone on here can give you:

1. Watch out for the selfish, greedy, ultra-materialistic gold diggers.
2. If you do make the mistake of getting married, ALWAYS demand a prenup! No signature, no marriage.

Not even another great depression will financially ruin you as fast and as deeply as a woman.
This.

Quote:
Originally Posted by Tic View Post
Whoever said you cant live off of $6M is a ****ing moron and has no idea what they speak of nor probably had any sizable amount of money in their lives so they have no experience.

If invested wisely, you can easily live off the DIVIDENDS/INTEREST of that investment, get something that pays 3% annually and you are getting $180K a year pre tax.
And this.


// end of thread //
 
Dalmar is offline
 
Infinite
VeteranXV
Old
118 - 10-30-2014, 15:18
Reply With Quote
1. get your dick sucked real good
2. financial planner visit
3. return that piece of **** alienware laptop and buy a real ****in computer you turd
4. repeat step 1
 
Infinite is offline
 
trop
VeteranXV
Old
119 - 10-30-2014, 15:23
Reply With Quote
wait you would seriously do all that work to become a doctor and just quit?
 
trop is offline
 
Data
VeteranXX
Contributor
Old
120 - 10-30-2014, 15:26
Reply With Quote
Quote:
Originally Posted by Tic View Post
Whoever said you cant live off of $6M is a ****ing moron and has no idea what they speak of nor probably had any sizable amount of money in their lives so they have no experience.

If invested wisely, you can easily live off the DIVIDENDS/INTEREST of that investment, get something that pays 3% annually and you are getting $180K a year pre tax.
**** off. I said "retire". The guy is maybe in his late 20s.

You're assuming he gets the whole $6M net.

You're assuming there aren't some big purchases he intends to make in the first year.

You're assuming $180K is significantly more than his current or predicted income as a doctor-to-be.

What is this magical investment that "pays 3% annually"? Do you have any ****ing idea what you're talking about?
 
Data is offline
 
Page 6 of 19
Reply


Go Back   TribalWar Forums > TribalWar Community > General Discussion
Reload this Page I just inherited 6 million dollars

Social Website Bullshit

Tags
ching chong smarr dong


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


AGENT: claudebot / Y
All times are GMT -4. The time now is 11:20.