What would you do with $1M cash?

[Julia]

but then isnt there a limit on how one can be prosecuted under the act? prevention of cruelty to animals act or whatever its called? in that case wouldnt it be more a federal issue to raise the penalty and maybe even class it as criminal allowing the court to jail the defendant? i definitely understand what you mean by funding though.

As I understand it from the CEO of RSPCA Brisbane, the penalties exist, but - as with so many other areas of judicial decisions - magistrates usually go soft on offenders. However, if you were to have a good barrister arguing for a heavy penalty it's much more likely to happen.

 

[Julia]

Think about the kind of person it would take to be like that. To harm animals. They would be suffering already. A hellish existence. And they have to live with themselves 24/7.

I very much doubt they are suffering at all.
If they had any difficulty living with their cowardly actions, they wouldn't do it in the first place.

 

[Gundini]

I very much doubt they are suffering at all.
If they had any difficulty living with their cowardly actions, they wouldn't do it in the first place.

Way off topic, sorry...........

 

[Mr J]

Spend 10k or so upgrading my furniture and tv, put 90k away for living expenses, place 150k in my trading account and keep the rest in reserve. Any expensive toys will come from a fraction of the subsequent years' profits.

 

[JTLP]

-250k dividend paying shares
-350k investment property
-50k to travel to an African nation and live amongst the people...actually use MY money to help rebuild a village and not some fat cat like Tim Costello soaking the funds and not actually knowing if all my money would get to the people
-50k for leisure travel
-300k to bank

 

[trillionaire#1]

preserve it like scrooge mcfrugal.

slab of james boag
2 bottles of white

$999850 safe for a rainy day(and in sa it could be a while)

 

[ivant]

preserve it like scrooge mcfrugal.

slab of james boag
2 bottles of white

$999850 safe for a rainy day(and in sa it could be a while)

hahahaha

 

[CanOz]

Spend 250k building my own dream home somewhere in the ideal trading environment (still researching).

Give 10% to my Charity.

Place 100k in a trading account, the rest in a mix of gold, silver, bonds, and land.

Enjoy life more.

CanOz

 

[sammy84]

I would place it with somebody I could trust, storm financial seem pretty reputable

 

[Kez180]

just out of interest, ive obviously missed the news, for my parents' sake, how can you take it out tax free?

If you are over 60 you can pull your super out tax free..

55+ you can get concessions...


$400,000 Cash, to be spent on AUS index securities when they are starting to look up

$500,000 + $500,000 loan to buy a commercial property

$100,000 to cover rent for 3.8 Years...

 

[cuttlefish]

sunscreen, spare towels, fishing gear, food and water supplies, diving gear, couple of surfboards, new liferaft, safety and nav systems (plus a nice sextant), charts of the pacific ... and anything leftover on something like this ....

 

[glads262]

What to do, what to do...

$100000 into super - salary sacrifice, invested in small oil/gas shares
$700000 high dividend paying shares @10% yield - now I work cos I want to not cos I have to
$100000 spending money - 6 months off work, go overseas. Live in France/Africa.
$100000 - spend on those less fortunate than me. Maybe do as previous poster advised - live in Africa & spend the money on local infrastructure that helps people out.

 

[Sir Osisofliver]

Hmm what would I do with a Million cash? I assume I just won lotto or something?

300K would go towards property - This is an aggregate figure to buy additional residential investment property (utilising fixed borrowings - probably match with 600k borrowings and retain positive gearing on the property) and funds to renovate/improve existing property assets.

350k would go into my existing long-term share portfolio (utlising a small amount of gearing).

100k would go into the trading account (which uses no gearing).

I would keep 150K in cash as a reserve for the above stated assets.

100K would be given to the wife who will plan holidays and drag me around the world, bug me again about buying her a BMW, jewelry, day spa's, furniture, decking, landscaping, etc etc etc etc etc

Now if you gave it to my wife at the outset...everything would fall into that last catagory

Cheers

Sir O

 

[Bloveld]

I would put 900k into cars, bikes, boats, women and alcohol.

The rest I would just waste.

 

[Mr J]

I would put 900k into cars, bikes, boats, women and alcohol.

The rest I would just waste.

With those toys, the women are free .

 

[ivant]

I would put 900k into cars, bikes, boats, women and alcohol.

The rest I would just waste.

Hahahaah. you can get them at the brothel i bought a few posts earlier Ill give you an ASF discount!!

 

[Naked shorts]

A picture of myself after I get my $1mil

 

[vincent191]

I will spend $900k on wine, women, songs, fast cars & slow racehorse. The rest I will squander !!!

 

[wonderrman]

- Go live in the maldives, or the bahamas, france somewhere like that.
- $100K to trade
- Buy a yacht to sale in.
- Rest just buy what ever I want, when ever I want, if there is anything left.

 

[Soft Dough]

Easy one.

Park 100% in cash for 12-24 months

borrow 1 million dollars

buy 2.5-3 million dollar residential property portfolio.

This does however rely on Kevin Rudd not propping up the market , so it might have to wait until after the next election