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Old 12-07-2013, 06:39 AM
 
Location: USA
13,255 posts, read 12,127,593 times
Reputation: 4228

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I'd go ahead with my business plans and probably become the most hated man by the greedy and those currently in power in this country.

Then I'd buy my 3-Flat in Uptown not too far from the lake and renovate it into offices, my living area, and guest rooms.


Then I'd throw a C-D party and invite all the city-data users in Chicago over for food, drinks, 420, and gifts. Large cash gifts.
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Old 12-07-2013, 06:45 AM
 
Location: Fort Worth Texas
12,481 posts, read 10,222,878 times
Reputation: 2536
Quote:
Originally Posted by KRAMERCAT View Post
The ex-CEO of United Healthcare received 1.8 billion in severance pay, so it's not out of the realm of possibility, at least for him, but if suddenly you were in possession on that amount of fiat currency, what would you do? (to coin a phrase by John Quinones).
pay my personal health insurance bill
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Old 12-07-2013, 06:50 AM
 
17,620 posts, read 17,674,997 times
Reputation: 25692
Divide it equally three ways before taxes between myself, my sister, and my mom (dad no longer living). Purchase a handicap accessible home for my wife and I and furnish it. Purchase quality efficient cars for the two of us. Fly my wife to see spinal specialist to try to finally get her free from constant spinal pain. Take care of our other lesser medical problems. Pay out all debts in full. Transfer some of the money into my 401K (set up to gradually move away from stock market as I get older) and some to various high interest (by today's standards) accounts.
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Old 12-07-2013, 06:56 AM
 
1,256 posts, read 4,196,028 times
Reputation: 791
Quote:
Originally Posted by victimofGM View Post
Transfer some of the money into my 401K (set up to gradually move away from stock market as I get older)
Giggle.

How about instead...research the financial firms folks who live in Conneticutt use and invest the money in Cayman Island accounts where the ROI is 20+% regularly with the fees being on the order of a million dollars per year (well worth it!)?
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Old 12-07-2013, 06:57 AM
 
Location: By the sea, by the sea, by the beautiful sea
68,329 posts, read 54,389,283 times
Reputation: 40736
Quote:
Originally Posted by KRAMERCAT View Post
.It is relevant at this point to note the compensation package of William McGuire MD, the CEO of United Health Group (the parent company of United HealthCare) who was ousted last year in a stock scandal.

McGuire received hundreds of millions of dollars in compensation from United, has a severance package valued at more than 50 million dollars, and has stock options valued at 1.8 Billion dollars .

Besides being obscene, it is hard to reconcile McGuire's pay with the UnitedHealthcare mission statement : "to improve access, promote quality, and make health care more affordable."

Health Care, the Free-Market, and the 1.8 Billion Dollar CEO. « The Progressive Pulse
Well, they certainly made it more affordable for Dr McGuire
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Old 12-07-2013, 07:03 AM
 
3,201 posts, read 4,410,406 times
Reputation: 4441
i'd buy a new bbq grill
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Old 12-07-2013, 07:07 AM
 
Location: The High Plains
525 posts, read 508,658 times
Reputation: 244
Easy...If I had 1 Billion I would distribute it as follows.

I'd keep 10 million for my wife and I.
I'd give 10 million to my parents.
I'd give 10 million to my inlaws.
I'd give 10 million to the ASPCA.
I'd give 10 million to my University for Scholarships.
I'd give 10 million to my local United Way.
I'd give 10 million to the local Boys and Girls Club
I'd give 10 million to the big food bank in my area.
I'd give 10 million to Pancreatic Cancer Research.
and I'd give the remaining 10 million to Breast Cancer research.
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Old 12-07-2013, 07:07 AM
 
22,768 posts, read 30,733,597 times
Reputation: 14745
Quote:
Originally Posted by KRAMERCAT View Post
The ex-CEO of United Healthcare received 1.8 billion in severance pay, so it's not out of the realm of possibility, at least for him, but if suddenly you were in possession on that amount of fiat currency, what would you do? (to coin a phrase by John Quinones).
i'd probably invest it (mostly) in muni bonds

donate a bunch to my k-12 alma mater

and retire to the beach
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Old 12-07-2013, 07:09 AM
 
Location: By the sea, by the sea, by the beautiful sea
68,329 posts, read 54,389,283 times
Reputation: 40736
Quote:
Originally Posted by AZcardinal402 View Post
Easy...If I had 1 Billion I would distribute it as follows.

I'd keep 10 million for my wife and I.
I'd give 10 million to my parents.
I'd give 10 million to my inlaws.
I'd give 10 million to the ASPCA.
I'd give 10 million to my University for Scholarships.
I'd give 10 million to my local United Way.
I'd give 10 million to the local Boys and Girls Club
I'd give 10 million to the big food bank in my area.
I'd give 10 million to Pancreatic Cancer Research.
and I'd give the remaining 10 million to Breast Cancer research.
And what would you do with the remaining $900M?
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Old 12-07-2013, 07:09 AM
 
Location: On the Chesapeake
45,386 posts, read 60,575,206 times
Reputation: 60996
Likely **** it away on real estate, vehicles, boats and shotguns.
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