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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
we'll miss you our friend. RIP
Industry Role:
Join Date: Sep 2001
Location: Fernie, BC
Posts: 25,115
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if you were given 4 M US tax free today...
would you retire (at least temporarily)?
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#2 |
"Assassins"
Industry Role:
Join Date: Dec 2001
Location: At home
Posts: 17,277
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I would retire for good.. I'd be out..
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#3 |
Confirmed User
Join Date: Jun 2002
Location: Back in the USSA
Posts: 8,849
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Four million? I don't think I would retire right away. I don't think I am quite ready to do nothing yet... Give it a few years, and I might change my mind. It would sure make life easier, but I would still try to keep up my studies and even run my sites. I like to learn, and the creativity means a lot to me.
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#4 |
I'm here for SPORT
Industry Role:
Join Date: Jul 2001
Location: Phone # (401) 285-0696
Posts: 41,470
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if you retire you go from being a SOMEBODY in your business to SUDDENLY being a nobody.
reduce the amount of work you do - NEVER retire.
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#5 | |
we'll miss you our friend. RIP
Industry Role:
Join Date: Sep 2001
Location: Fernie, BC
Posts: 25,115
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Quote:
there is more to life (in my opinion) than 'work'. |
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#6 |
GFY HALL OF FAME DAMMIT!!!
Join Date: Jan 2002
Location: that 504
Posts: 60,840
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no.
id build a recording studio and hang out there all the time. have a control room set up for webmaster shit, and live out my life doing what i like. hanging out in recording studios, making noise and cashing checks. |
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#7 |
Confirmed User
Join Date: Jun 2002
Location: Back in the USSA
Posts: 8,849
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Maybe I should test my theory, though, come to think of it.
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#8 |
OG
Industry Role:
Join Date: May 2002
Posts: 3,308
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I would buy this and cruise around for a while
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#9 | |
Live Hard - Die Hard
Join Date: Feb 2002
Location: Ready to leave...
Posts: 17,042
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Quote:
Four million would be some great investment money. Real-estate, restaurants, etc...
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#10 |
Beer Money Baron
Industry Role:
Join Date: Jan 2001
Location: brujah / gmail
Posts: 22,157
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No. I think I'd keep posting about it all the time on message boards.
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#11 | |
we'll miss you our friend. RIP
Industry Role:
Join Date: Sep 2001
Location: Fernie, BC
Posts: 25,115
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Quote:
hell if you have that sort of money there is never retirement, simply due to the mandatory investments you must continually be making and keeping track of.
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we'll miss you our friend. RIP |
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#12 |
GFY HALL OF FAME DAMMIT!!!
Join Date: Jan 2002
Location: that 504
Posts: 60,840
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in that case.
yes. id be gone. im only doing this to fuel my projects elsewhere anyway. ![]() |
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#13 |
ex-TeenGodFather
Industry Role:
Join Date: Nov 2001
Location: Suomi Finland Perkele
Posts: 20,306
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I wouldn't.
I would become bored really fast. I know it. Already I don't have to 'worry' about money really.. and I enjoy what I do. So if I'd get that amount of money the biz could become less serious for me. Just like playing 'SimInternetPorn' by Sid Meiers. I don't think I retire before I turn 40, no matter what happens. I'm a workaholic.
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..and I'm off. |
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#14 | |
I'm here for SPORT
Industry Role:
Join Date: Jul 2001
Location: Phone # (401) 285-0696
Posts: 41,470
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Quote:
I'm thinking that maybe you're in a mental/moral conflict with your career somehow?
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#15 |
Registered User
Industry Role:
Join Date: May 2001
Location: Са́нкт-Петербу́рг
Posts: 10,945
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Hell yeah I would be done.
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#16 |
Confirmed User
Join Date: May 2002
Posts: 225
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being a rich nobody is all i have ever wanted to be...
give me fortune over fame anyday |
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#17 |
Confirmed User
Industry Role:
Join Date: Oct 2002
Location: lalaland
Posts: 2,120
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I would go snowboard.
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#18 |
Confirmed User
Join Date: Feb 2003
Location: Montreal
Posts: 439
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I'd do a job I really want to do and not worry about money ever
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Raph |
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#19 |
Entrepreneur
Join Date: Oct 2002
Location: USA
Posts: 31,429
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Hi Quiet,
I did the semi retire bit before I moved to Florida. Started playing golf everyday. Shopping like crazy. Bought a huge mansion. The cars, trips, etc. I got so bored not doing business every day I couldn't stand it and hanging around with all these other guys that had nothing to do but count their money every day. And I quickly realized having to figure out what to do with all the free time was not making me happy at all. Luckily the big quake came in Jan '94 and totally fucked up my world. The house got wrecked, we were just miles from the epicenter in the hills overlooking the valley. Some other business stuff I had went south. And I actually said thank you lord for having a lot of investments fucked up so I had the challenge again to start some new businesses to get back the money I had lost. So no after my first retirement I said fuck this, I'm going to work everyday until my last breath. And its been great ever since, cause now I know the leisure life is not for me. I'm a workaholic and that's how I like it. Once you win at the game of business, you realize its not the win that is the joy, its the anticpation from playing the game every day, and seeing if you will win lose or draw. That's the HIGH!
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#20 |
2011 GFY Hall of Fame!
Industry Role:
Join Date: Nov 2000
Location: Back in Texas!
Posts: 15,224
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I would just be getting started....
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#21 |
Confirmed User
Industry Role:
Join Date: Jul 2001
Posts: 3,472
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I'd keep working but only do the projects I want to do but dont have the cash for now.
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#22 | |
Live Hard - Die Hard
Join Date: Feb 2002
Location: Ready to leave...
Posts: 17,042
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Quote:
But I could never full out retire and do nothing all day. I like waking up knowing there's something I need to accomplish for the day.
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#23 | |
ex-TeenGodFather
Industry Role:
Join Date: Nov 2001
Location: Suomi Finland Perkele
Posts: 20,306
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Quote:
4M can be spent quite fucking fast I'd imagine.
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..and I'm off. |
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#25 |
Confirmed User
Join Date: Feb 2002
Posts: 2,253
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I'd donate it to charity.
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#26 | |
ex-TeenGodFather
Industry Role:
Join Date: Nov 2001
Location: Suomi Finland Perkele
Posts: 20,306
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Quote:
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..and I'm off. |
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#27 | |
Confirmed User
Industry Role:
Join Date: Jan 1995
Posts: 2,417
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Quote:
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#28 | |
Confirmed User
Join Date: Oct 2001
Posts: 6,693
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Quote:
I could be wrong though...he just doesn't strike me like that. A few toys, yea. A few trips, yea. 12 houses, 18 cars, and all sorts of shit to blow through that kind of money in a hurry...no.
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#29 |
Confirmed User
Join Date: Jan 2002
Location: Canada
Posts: 675
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My life is pretty choice now..........
I would keep doing what I am doing for the fun and exitement of it all............ The only thing I would do is buy into the company a little more....sort of paying back to my partner all that he has given to me and my family. Of course there would be more toys and vacations.......and PEACE OF MIND ![]()
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#30 |
Confirmed User
Industry Role:
Join Date: Feb 2001
Posts: 3,963
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1. I would invest 1 million on a apartment complex in a good area.
2. I would buy 3 Mcdonald franchises. 3. Use the rest of the money to travel and experience life. You can hire Managers to handle both jobs and youre 4 million would make you a multi millionare in about 5 years and you would have a NASTY ASS SOLID income coming in for the rest of your dam life. |
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#31 |
Confirmed User
Join Date: Sep 2002
Location: Less camgirl than porn chickie...conveniently located in Porn Central.
Posts: 2,745
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I would continue working but invest the money,use the dividends to manage my own Animal Rescue ... ok, Jimmy3way, come bash me for THAT!
heh |
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#32 |
Confirmed User
Industry Role:
Join Date: Jan 1995
Posts: 2,417
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Lawrence from OfficeSpace would do two chicks at once.
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#33 | |
Confirmed User
Join Date: Mar 2002
Location: Maryland
Posts: 5,228
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Quote:
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#34 | |
we'll miss you our friend. RIP
Industry Role:
Join Date: Sep 2001
Location: Fernie, BC
Posts: 25,115
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i love how you can start a thread sometimes, and it take on a life of it's own
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it would make most people laugh how much i spend a month, it's pretty minimal. anyway, i was just curious how much is enough for someone to leave a industry they may (or may not) enjoy, to pursue other interests. before this, i was planning on university, then teaching/research for the rest of my life. how things change lol |
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#35 | |
I'm here for SPORT
Industry Role:
Join Date: Jul 2001
Location: Phone # (401) 285-0696
Posts: 41,470
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Quote:
at about the 4 million mark most felt they were just getting going.......... that's not an insult quiet, but some insite from someone who dealt with many people in that income range from a variety of occupations/careers/businesses. There's a million ways to make a million bucks in a million different industries. The one thing I found across the board was that most were more intertested in the power (defined in many ways of course) than the cash in what they did though.....being someone meant more than being rich. I'm thinking you're idea of being 'someone' is being retired and being able to tell people that. You're 'STASTIS SYMBOL" so to say. The problem is most people socialize up - so you might end up hanging with more successful retired people and feel the need to go back to work to get some more money to measure up. The thing about being someone not that there's people beneth you, that's part of it, but that's there's also people ABOVE you that you can use as a motivator to become more than what you are today. ok, enough philisophy for today.
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This dog, is dog, a dog, good dog, way dog, to dog, keep dog, an dog, idiot dog, busy dog, for dog, 20 dog, seconds dog! Now read without the word dog. |
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#36 |
Confirmed User
Join Date: Jul 2001
Location: Rosen-Villin
Posts: 5,738
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I'd be so happy not being f*cked and bouncing 7 checks that I'd probably cry.
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#37 | |
we'll miss you our friend. RIP
Industry Role:
Join Date: Sep 2001
Location: Fernie, BC
Posts: 25,115
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Quote:
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#38 | |
OG
Industry Role:
Join Date: May 2002
Posts: 3,308
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Quote:
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#39 |
Chafed.
Join Date: May 2002
Location: Face Down in Pussy
Posts: 18,041
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4 million of course is already multi-millions. He hehe.
Anyway, no question about it, I would retire immediately. But by retire I mean do "soul-work" not "money work"... in other words, travel, perform music, take up more art, spend a lot more family time, work out incessantly, or just meditate on a beach somewhere, and let my money manage itself just ahead of inflation to keep me at that level of carefree wealth but no more. Or, hand over the daily operations of your entire business to a trusted partner, give them 75%, and have your 25% wired into accounts all over the world so you don't have to schweat it. ![]() But before you go, PLEASE tell me exactly what to do so that I have your problem. then hold my hand and help me do it. Come on quiet... PLEASE. ![]() |
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#40 | |
Confirmed User
Join Date: Feb 2002
Posts: 2,253
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#41 | |
ex-TeenGodFather
Industry Role:
Join Date: Nov 2001
Location: Suomi Finland Perkele
Posts: 20,306
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Quote:
But let's be honest. If a guy isn't used to having a LOT of money. He would buy stuff.. a LOT of stuff. Sure it would take years to spend the money but in no way impossible at all. Buy a damn nice house, car(s) big-ass-screen tv's oriental rugs.. all the comforts of a modern society and the money is gone. The option is to NOT buy a new house, maybe buy a nice car and put rest of the money into bonds or just a high-intrest bank account and live relatively comfortably off the intrests. In finland you cna get up to 4%/yearly intrest on money that's in a bank account (or more for private deals on private banks). That's a nice sum if you manage to put let's say 3M in the bank. ![]() So out of the 3M in the bank you'd get 85200/year tax free cash to spend on shit. Which equals 7100$ per month, in finland. That's enough money to live very nicely here (the average pay is around 2-3k/month). ![]() But I wouldn't be happy with that. ![]()
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..and I'm off. |
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#42 | |
we'll miss you our friend. RIP
Industry Role:
Join Date: Sep 2001
Location: Fernie, BC
Posts: 25,115
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Quote:
i've never truly known anyone who has more than a couple thousand dollars in their bank account (does it show?)... ![]()
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we'll miss you our friend. RIP |
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#43 |
There can be only one
Industry Role:
Join Date: Aug 2001
Location: Somewhere else
Posts: 39,075
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i would buy ALOT of tacos and pizzas....
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SIG TOO BIG |
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#44 |
Confirmed User
Join Date: Feb 2001
Location: State of Denial
Posts: 1,147
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4 million is about $240,000 per year in tax-free income if invested conservatively in bonds. Figure that translates to a regular taxable salary of $400,000 per year.
Certainly that's a lot of money, and you'd never have to work again if you didn't want to. However, it's not the kind of dough to be living the rico suave lifestyle - no huge boats, no insane mansions and summer homes, etc. However, if you're not into that sort of shit (once you meet the sorts of people who ARE, you'll want to go back to work) then it's great - you can take a low paying, low pressure job doing something you really enjoy, or maybe do some good in the world. |
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#45 |
Confirmed User
Join Date: Aug 2001
Location: Kimmykims couch
Posts: 6,110
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I would spend it all buying sleazydream.com and finally be elite. Sweet
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#46 | |
Confirmed User
Join Date: Feb 2002
Posts: 2,253
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#47 | |
Confirmed User
Join Date: Jul 2002
Location: ~ C A N A D A ~
Posts: 2,123
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Quote:
That way you have a yearly income of around 250K for the rest of your life, and when you die the money is still intact and could go to family or some charity.
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#48 |
Confirmed User
Industry Role:
Join Date: Feb 2001
Posts: 3,963
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Quiet have you ever hit MT-Hood?? One of the most beautiful places I have ever boarded.
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#49 | |
we'll miss you our friend. RIP
Industry Role:
Join Date: Sep 2001
Location: Fernie, BC
Posts: 25,115
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Quote:
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#50 |
Confirmed User
Join Date: Jan 2003
Location: midwest side, yo
Posts: 4,728
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i would use it to conitnue building my "empire" of other sorts... my auto shop, real estate, etc etc. i couldn't retire until i am well over the hill... i'd be bored too
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