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rand_alpha19 ,

No knowledge of the financial stuff, but maybe: put most of it in a variety of ETFs, hire a financial advisor and an accountant to help you navigate the system and the taxes, then cash out and donate it.

You spend it without giving it away. Then you give it away. Some countries give you a lot of it back at tax time if you donate to registered charities so you'll even get something for it. I dunno, I'm a poor so maybe it wouldn't work out, but it would be cool.

PraiseTheSoup ,

“Investing” is just gambling with extra steps.

rand_alpha19 ,

Yes, and ETFs have the best odds with pretty low, but relatively stable, returns. It's fairly low-risk because that's how index funds work. Retail investing is not really for me, so low-risk is the most I am comfortable with.

In this scenario, I only need to keep the money in stocks for 1 month. It's not like investing in crypto, I'd lose barely any of it in that time.

Mr_Fish ,

Does it need to be net spending, or can I just buy and sell things really fast?

2ugly2live ,
@2ugly2live@lemmy.world avatar

Lol, just buy one house in the US.

wizardbeard ,

Most homes in the US don’t break a million in up front cost, unless you’re buying in one of the very popular “reality warp” locations that are in absurdly high demand (SF Bay area, Redmond, Dallas, New York, etc).

2ugly2live ,
@2ugly2live@lemmy.world avatar

True. Maybe… 3 houses instead?

Prunebutt ,

Ever heard of this game called “Star Citizen”?

DmMacniel ,
@DmMacniel@feddit.org avatar

from 714 millions to 814 millions in one day. nice :D

Dagnet ,

Surely that will be enough for them to finally finish the game right? COPIUM

DmMacniel ,
@DmMacniel@feddit.org avatar

I don’t think that money is the issue any more, time and scope would be the issue. Lets see if 4.0 actually arrives this year

hOrni ,

Buy a few houses? How long does that take if You have cash?

Makeitstop ,

It’s taking the premise of Brewster’s Millions, which required that he not only spend the money, but that he has to have nothing left at the end, including assets. So, buying a house doesn’t work because you still own the house.

Obviously there are still plenty of ways to drop millions on stuff without having anything to show for it. Hell, it’s probably easier now than ever before. Just become a whale for a mobile game and you’re there.

ICastFist ,
@ICastFist@programming.dev avatar

Just become a whale for a mobile game and you’re there.

I’d rather literally burn all that cash

Viking_Hippie ,

Well if taking the rules literally, that’s allowed too!

As long as you resist whatever urge you might have to throw out the ashes before you get the billion, you’re not throwing them away!

Makeitstop ,

I wanna say they specifically called out property destruction as being against the rules. And overpaying as well iirc, so you can’t offer someone millions for a sandwich that you then eat.

Plus, if we’re being pedantic, burning the money isn’t spending it, which is what he is supposed to do.

The movie also has the advantage of having a contract that presumably covers any other loopholes the audience thinks of, but which they don’t explicitly address in the script. Once you take it out of a movie and start treating it like a challenge to be solved, you can no longer hide behind some unseen fine print.

Viking_Hippie ,

they specifically called out property destruction as being against the rules

Not in this meme, which is what I’m referring to.

And overpaying as well

So that rules out spending them in the US and several other countries…

In under-regulated capitalism, prices aren’t set at what’s fair, they’re at the maximum that they can get away with without losing too many sales/clients.

That’s by definition overpaying from the perspective of the buyer/client.

Plus, if we’re being pedantic

We are indeed. Carry on, good sir/madam/cuttlefish

burning the money isn’t spending it, which is what he is supposed to do.

Damn, you got me there. Good point 😁

The movie

Again, I was referring to the meme only, not the movie that inspired the premise

also has the advantage of having a contract that presumably covers any other loopholes the audience thinks of

That’s a mountain sized presumption…

Once you take it out of a movie and start treating it like a challenge to be solved, you can no longer hide behind some unseen fine print.

Good. Genies have had it too good for too long 😛

ImplyingImplications ,

Excuse me, but my waifu has plenty of assets!

brbposting ,

Mobile game, uhg! Think of the services: a month’s worth of the best eats: 90 meals from the world’s 100 most famous chefs, each flown in to serve you. (Presumably 10% would decline even $1m for a single meal.) Concerts from semi-famous bands every three nights. Boom, $100m spent!

Mobile games are easier and funnier though 😉

mvirts ,

What do you know, my brother just opened up an art auction house.

programmer_belch ,
@programmer_belch@lemmy.dbzer0.com avatar

Crash the dollar by entering the whole amount in the stock market? Or are stocks also considered gambling?

DmMacniel ,
@DmMacniel@feddit.org avatar

I would buy so many windmill permits with that money.

shalafi ,

I could blow 100M monthly on AWS. Probably take me the first month to spin it all up, easy from there.

dditty ,

Sent this to my friend at AWS and he said it was already all-over their internal Memes Slack channel. At least their engineers and project managers are in on the joke. 😁

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