Saturday, 8 March 2014

What would I do with R5Million (US$500,000)

A friend recently asked me what I would do with R5million (about US$500,000), assuming I would not give up my job.  Off the top of my head I gave a fairly boring reply as follows:

I said I would like to pay off my apartment, put some into savings or investments and then risk some of it on new business venture/s.

So after being accused of being boring I decided to draw up a list of things I could do or buy that did not fall into the "boring" category.  Now this is not exactly a lot of money but it certainly is enough to have some fun with.  Some of these require quite a bit of money, others I could and should do as time allows.   In no particular order and without giving it too much thought ......

  1. Learn to fly - My brother has a helicopter license and my mother had a private pilots license.  In fact I did some research into this and I could get my license for around R100,000 (US$10,000).  So very easily attainable.
  2. Perhaps buy a small aircraft like a Cessna - something big enough for 2-4 people.  
  3. Actually fly a Spitfire or similar fighter aircraft -this would be amazing!   And yes, I'd like to fire it too!
  4. Learn to skipper a boat - Well perhaps I should just buy one and find some awesome guy (with penis pointers or perhaps just a really great looking bum to look at) to skipper it for me while we sail off into the sunset and anchor off the Mediterranean coast or something.
  5. Buy a small personal submarine - Something suitable to view marine life with. Of course I would have to buy a suitable boat / yacht to launch it from
  6. Buy a Harley Davison or Indian Motorbike and do a Cape to Cairo or route 66 run or something similar
  7. Go and live in a small beach house in Mozambique for a few years
  8. Open up a beach bar 
  9. Go on a world tour - stopping in each country, getting to know the locals and moving on as and when I choose.
  10. Buy a bright RED Ferrari, Lamborghini or Porsche or other sportscar.  Not sure which - will have to take a test drive in them all first
  11. Buy a lifetime supply of Cadbury's Creme Eggs
  12. Visit the 7 wonders of the world
  13. Go Scuba diving in the great Barrier Reef
  14. Take some of my best friends on a long holiday to the Maldives or Seychelles or some other exotic island
  15. Take some of my best friends on a skiing holiday
  16. Go swim with the sharks (Yeah, Maybe I'll stay in the cage)



So how would you spend half a million dollars - just for the fun of it?


Lanthie Ransom

4 comments:

  1. I would use that cash to take a trip to Europe and visit every country I always wanted to go to, and also but a classic Mustang from the 60's, along with treating my family to a bunch of stuff and paying off some bills. The rest I would bank away for the future.

    ReplyDelete
  2. Paying off some bills and bank away for the future - now that's being boring! That Mustang sounds awesome though.

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  3. I would buy a condo in california- fly to Paris, take the train around Alaska, buy me a comfortable home in Hill country ( Texas), buy all of us new harleys, and take long vacation with my family. Oh to dream!

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  4. I think I would have to take a good fraction of that money and spend a lavish weekend in Las Vegas, making sure to spread the word that Big Money was coming to visit. Irrational, yes, but certainly not boring.

    ReplyDelete

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