Remember when we used to say, “If I had a million dollars…?” In 2014 in Southern California, that would buy you a modest house in a suburb, property taxes and insurance not included. Sad face.
But today’s prompt for “Blogtember” is If I won the lottery… which is a fun one assuming the winnings are more than one million dollars (I’m hoping for at least 20 million in this fantasy).
If I won the lottery, I’d invest. Duh. I guess that can be construed as a cheating, I’d wish for more wishes kind of answer, but no really, I’d invest at least a third of it in various stocks and bonds. Because that’s the difference between being and staying wealthy and well, just winning the lottery. If I could live off of the interest alone from investments, that would be awesome. I’d put a big ol’ chunk of that into Tesla motors, and SpaceX if it ever goes public. I’ll put my money into any Elon Musk project.
I’d also create my own LLC, make my family members partners of it, and invest in some really good commercial property(ies) with a triple net lease. That way my family would be set up comfortably, and it would be the gift that keeps on giving (rather than me just cutting everyone a check).
But I ‘m sure you’re more interested in the fun stuff, like the lifestyle I’d have living off of the investments. Where would I go, what would I do, how would I spend my time?
I would probably quit my job, or maybe teach one class for funsies. I would enroll in courses at my local community college– all sorts of impractical, fascinating courses. I’d learn sewing and carpentry. I’d take a course on financial trading along with music appreciation and the history of philosophy, all while studying Spanish. Why? Because I really love learning shit. I would be a student for the rest of my life if I could, and I guess winning the lottery would make that possible.
I’d also travel the world. That’s the great thing about being a perpetual student: long breaks between semesters, or full semesters off if I want them. I’d explore every continent. I’d take some trips to just see the sights and eat the food, and some trips to volunteer in places of need. Because you know, I’d have a nursing degree from my community college, and could also put those carpentry skills to work building homes.
I’d cut a good check to my favorite NGOs like Planned Parenthood and Habitat for Humanity– not for the tax deductions or the good karma, but just because it’s the decent thing to do.
And finally, I’d buy some really, really good wine. I’d have a wine cellar that would take even me a long time to work through.
What about you?