Fund our school system so that the good teachers dont have to be laid off.
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1. Buy a house
2. Pay off credit card debt
3. Go to a better school
4. Buy a car
5. Upgrade computer
6. Buy video games
7. Invest
There are only 1210 billionaires in the world which really comes to show that it is very difficult to make a billion dollars. Even Michael Jackson did not have a billion dollars in networth.
The system is so designed that only very few people can become billionaires while the rest will be much much poorer. The only way someone can make a billion dollars is if they have the skills and resources to start a successful business enterprise. Most people in the world neither have the skills nor the resources nor the luck and it does take some luck todo that.
- Buy a full set of FIE fencing gear (to give you an idea: the blade I own - just the blade, not the entire weapon - is around $40. For an FIE blade, I'm looking at around $80 dollars. Difference? Better made, you need FIE to fence outside of the USA, and they last longer)
- Buy a new car.
- Put about half of my money in the bank.
- Invest my money in stocks.
- Hire an investor
- Hire a legal dream team if I need them.
- Top-of-the-line computer.
probably invest half of it, and with the rest, buy a few badass cars, a sweet house, some video games, some expensive clothes, and go on vacations with friends.
also, i'd be lying to myself if i said i wouldn't spend any of it on a certain substance.
Half of these would be given to ppl (not thru charities...)
1/5 of that half... Id spend for cars :D
And rest to safe. :)Matthew-first
in this thread we learn how little people on OT know about money/numbers.
1/5 of a billion on cars? the most expensive car on the market is 2 million dollars. unless you're going to buy 200 of them then you won't be spending 1/5 of a billion on cars.
This is the standard answer in this thread, and I don't fault it, but the natural next question is: what do you do with the other ~$995,999,999.00 dollars? A billion is...to put it bluntly, a **** load of money.Pay off all the debt me, my family, and closet friends have. Donate to my favorite charities. Go on a trip around the world.
sandlot76
[QUOTE="Matthew-first"]
Half of these would be given to ppl (not thru charities...)
1/5 of that half... Id spend for cars :D
And rest to safe. :)jockie_chan
in this thread we learn how little people on OT know about money/numbers.
1/5 of a billion on cars? the most expensive car on the market is 2 million dollars. unless you're going to buy 200 of them then you won't be spending 1/5 of a billion on cars.
Is that a joke? He first specifies that it's 1/5 of one HALF of 1 BIllion... so, he made an absurd statement, then you criticized his math while ignoring the first division by half. I'm laughing so hard it hurts.
[QUOTE="Matthew-first"]
Half of these would be given to ppl (not thru charities...)
1/5 of that half... Id spend for cars :D
And rest to safe. :)jockie_chan
in this thread we learn how little people on OT know about money/numbers.
1/5 of a billion on cars? the most expensive car on the market is 2 million dollars. unless you're going to buy 200 of them then you won't be spending 1/5 of a billion on cars.
..... 1/5 of 1/2 of billion of dollars or 100 million dollars....[QUOTE="jockie_chan"]
[QUOTE="Matthew-first"]
Half of these would be given to ppl (not thru charities...)
1/5 of that half... Id spend for cars :D
And rest to safe. :)alexside1
in this thread we learn how little people on OT know about money/numbers.
1/5 of a billion on cars? the most expensive car on the market is 2 million dollars. unless you're going to buy 200 of them then you won't be spending 1/5 of a billion on cars.
..... 1/5 of 1/2 of billion of dollars or 100 million dollars....Still, he did help us learn how little people know about numbers! :D
Open up a company that has something to do with science, then fund some of the public schools myself.
Before that I have to pay off all my family's debt and then take them on a nice trip. I would also love to go to the moon, I wouldn't mind paying for that.
drugs, hookers, exotic pets.
But really buy a house, secure my family economically for generations, then chill. Oh yeah private zoo B]
If I was a billionaire I would...
1. Have my own personal doctor
2. Fund research into a cure for my diseases
3. Have my ownpersonal driver (yes very rich people don't have to drive)
4. Hire a small jet.
5. Invest
If I was a billionaire I would...
1. Have my own personal doctor
2. Fund research into a cure for my diseases
3. Have my ownpersonal driver (yes very rich people don't have to drive)
4. Hire a small jet.
5. Invest
Actually, they're all very doable, except for #2... serious R&D could actually break a billionaire.If I was a billionaire I would...
1. Have my own personal doctor
2. Fund research into a cure for my diseases
3. Have my ownpersonal driver (yes very rich people don't have to drive)
4. Hire a small jet.
5. Invest
Actually, they're all very doable, except for #2... serious R&D could actually break a billionaire. Exactly, that's why he should do #5 before #2.Actually, they're all very doable, except for #2... serious R&D could actually break a billionaire.Frame_Dragger
True because some pharmaceutical & biotech companies have revenues in tens of billions of dollars. Unless you have 500,000,000,000 or 1 trillion dollars or something. Then you can.
[QUOTE="jockie_chan"]
[QUOTE="Matthew-first"]
Half of these would be given to ppl (not thru charities...)
1/5 of that half... Id spend for cars :D
And rest to safe. :)Frame_Dragger
in this thread we learn how little people on OT know about money/numbers.
1/5 of a billion on cars? the most expensive car on the market is 2 million dollars. unless you're going to buy 200 of them then you won't be spending 1/5 of a billion on cars.
Is that a joke? He first specifies that it's 1/5 of one HALF of 1 BIllion... so, he made an absurd statement, then you criticized his math while ignoring the first division by half. I'm laughing so hard it hurts.
I was skimming through his post and misread/missed something in that sentence.
If anything it's me failing at reading comprehension (which can be obviously seen from my answer) than at my calculation.
but either 100 or 200 mill, it's an understatement to say it's overkill
Buy all video game systems known to man, get a nice house, a dreamcast broadband adaptor, 250,000 to charity, and start my own video game dealers across the world with some of the rarest games!!
I'd get a nice apartment in a nice part of town, a top of the line PC, some high-end earphones and home audio equipment, a few thousand CD's, a nice drum set and a grand piano. That's all the material possessions I would ever need; I would just invest the rest and live off the interest.
Billion is the sort of money that is difficult for the average person to comprehend. Millions are easier to talk about than billions, it's easier to get your head around. Chances are most people's suggestions can be done with millions.
The UK bank of England interest rate is 0.5%, which is pitiful. But if you had a billion, you could pretty much earn a multi million lottery win every year in just interest.
How do you even begin to consider how you would spend that sort of money? Could you spend it fast enough, or would the annual interest continue to keep you a billion+?
-edit
As for what I'd do. I've got a 50 trillion Zimbabwe dollar note, and it won't buy anything. That sort of thing gives you a different perspective on what defines value. So I'd probably store a great deal of it in inflation adjusted assets, which the government cannot simply print into oblivion.
Honestly, I think it would suck. A big part of what makes a person feel good about themselves comes from working and making your own life. Having it all handed to you would take all the satisfaction and fulfillment out of it. You could end up being a very rich and very bored deadbeat.
I'd probably invest it and try to forget about it, except if we had a big emergency and I needed some extra money.
Billion is the sort of money that is difficult for the average person to comprehend.
AnnoyedDragon
The average person has a basic grasp of arithmetic.
[QUOTE="AnnoyedDragon"]
Billion is the sort of money that is difficult for the average person to comprehend.
coolbeans90
The average person has a basic grasp of arithmetic.
i think he means magnitude , kinda like that congresswoman who was calling for a trillion dollar jobs project, she did not understand that all of the income tax of 2010 was about one trillion. i find it helps to break down large numbers into blocks people understand. a billion is 10 lots of10k by10k[QUOTE="coolbeans90"]
[QUOTE="AnnoyedDragon"]
Billion is the sort of money that is difficult for the average person to comprehend.
surrealnumber5
The average person has a basic grasp of arithmetic.
i think he means magnitude , kinda like that congresswoman who was calling for a trillion dollar jobs project, she did not understand that all of the income tax of 2010 was about one trillion. i find it helps to break down large numbers into blocks people understand. a billion is 10 lots of10k by10kYeah, arithmetic. Addition - many littles add up to big numbers. Trillion might start to get slightly incomprehensible, but that's because there isn't much of a tangible limit to what you can do with that kinda of money, provided you aren't the U.S. Federal gov't.
[QUOTE="coolbeans90"]
[QUOTE="AnnoyedDragon"]
Billion is the sort of money that is difficult for the average person to comprehend.
The average person has a basic grasp of arithmetic.
i think he means magnitude , kinda like that congresswoman who was calling for a trillion dollar jobs project, she did not understand that all of the income tax of 2010 was about one trillion. i find it helps to break down large numbers into blocks people understand. a billion is 10 lots of10k by10k I think billion has become relatively familiar, whereas trillion is three orders of magnitude greater. Billion is in the realm of physical matters, whereas billion is usallly atomic/subatomic or relating to concepts only. Still, this undoubtedly varies wildly according to individual experience, ability , and inclination. Realistically, you can look at a crowd of a million people and get a sense of it, then increase that by three orders of magnitude in a diagram. To take that ot a trillion would need a VERY VERY large diagram, or teensy widdle pictures of that crowd.The average person has a basic grasp of arithmetic.
coolbeans90
I'm not talking about being able to do the maths though, I'm talking about comprehension.
There is a point where the human brain cannot comprehend a number, a trillion for instance. You may be able to understand it arithmetically, but imagining that number is beyond the capability of the human mind.
[QUOTE="coolbeans90"]
The average person has a basic grasp of arithmetic.
AnnoyedDragon
I'm not talking about being able to do the maths though, I'm talking about comprehension.
There is a point where the human brain cannot comprehend a number, a trillion for instance. You may be able to understand it arithmetically, but imagining that number is beyond the capability of the human mind.
How so? I mean, yeah, it is a lot of hypothetical stick figures to draw, but as a number in and of itself, it's not like 10^5493.
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