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Old 04-24-2012, 09:45 AM
 
Location: Monnem Germany/ from San Diego
2,296 posts, read 3,134,336 times
Reputation: 4796

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I would buy a used 40 to 50 foot sailboat and liveaboard in the Med occasionaly sailing to other destinations in the Atlantic and Carribean. Would base the boat where ever it is the least expensive.
Croatia would be nice as I like to climb. Maybe charter it now and then to help pay expenses.
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Old 04-24-2012, 01:35 PM
 
Location: Formerly NYC by week; ATL by weekend...now Rio bi annually and ATL bi annually
1,522 posts, read 2,251,738 times
Reputation: 1041
Rio, salvador de bahia, soa pauolo
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Old 04-24-2012, 06:55 PM
 
2 posts, read 2,795 times
Reputation: 10
Quote:
Originally Posted by jtur88 View Post
One million dollars would barely get you from Heathrow to central London and into a room for the night. Even without hyperbole, it would be very hard to live in the UK for more than about 5 years without some additional source of income.
If you wanted to:
1)Live in London, which is very expensive (most English people prefer to live somewhere else)
2)Have a very high living standard
3)Not invest your money
then that could be partially true.
However $1 Million is about 620,000 British Pound.
If you had a job paid 10 Pound a hour, which is about average (pretty good, actually), and worked 40 hours a week, it would take you 30 years work to earn that money.
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Old 04-24-2012, 08:49 PM
 
Location: Los Angeles, California
82 posts, read 268,638 times
Reputation: 43
Canada or UK
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Old 04-25-2012, 03:00 PM
 
9,000 posts, read 10,209,809 times
Reputation: 14526
Quote:
Originally Posted by Info Guy View Post
If you were given $1 Million in US Dollars. Which country would you choose to live and why? You can pick any country but USA.

Italy, Germany, Sweden, or Canada....wishful thinking
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Old 04-25-2012, 03:49 PM
 
Location: Earth Wanderer, longing for the stars.
12,406 posts, read 19,016,386 times
Reputation: 8912
Quote:
Originally Posted by paull805 View Post
Are people actually being serious when they say "$1million isn't actually much these days or in London etc" most people could only dream of having $1million!

I would stay where I am and buy a house in the docks, get a holiday home in Spain, buy a BMW and live care free and comfortable of the rest.
You could not retire for life, with medical and other such concerns, on a million.

I think a younger person should invest it safely and continue working. I would not even know where to invest it safely and keep up with inflation, and for the future, you'd have to do better than that.

A good secure job is of more value than a million dollars.

Last edited by goldengrain; 04-25-2012 at 03:58 PM..
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Old 04-25-2012, 03:57 PM
 
Location: Earth Wanderer, longing for the stars.
12,406 posts, read 19,016,386 times
Reputation: 8912
Quote:
Originally Posted by Alessandro17 View Post
If you wanted to:
1)Live in London, which is very expensive (most English people prefer to live somewhere else)
2)Have a very high living standard
3)Not invest your money
then that could be partially true.
However $1 Million is about 620,000 British Pound.
If you had a job paid 10 Pound a hour, which is about average (pretty good, actually), and worked 40 hours a week, it would take you 30 years work to earn that money.
What would you invest it in that is safe and can beat inflation?
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Old 04-25-2012, 04:13 PM
 
Location: PriBaltica!
152 posts, read 261,605 times
Reputation: 194
North Korea
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Old 04-25-2012, 04:19 PM
 
4,338 posts, read 7,521,678 times
Reputation: 1656
What about Switzerland?
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Old 04-26-2012, 11:34 AM
 
Location: Near Sequim, WA
576 posts, read 2,266,244 times
Reputation: 467
By the time I paid Federal, State and local taxes on $1M USD, hopefully I'd have enough left over to buy a plane ticket to visit some of the aforementioned locations...
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