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Mar 19, 2023
10:52
:27
am
JohnnyC
Playmaker
Shoot for 2.5% return.
I think I could be just fine with 25 million a year.
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JohnnyC
Previous username
DumBass
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JohnnyC
Joined
Aug 13, 2019
Last login
May 5, 2024
Total posts
12,110 (375 FO)
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Messages
Author
Time
POLL: If you had a billion dollars, would you practice any level of frugality?
Heath Squashwell
3/19/23 10:05am
Maybe with respect to charitable contributions
Non-mo Coug
3/19/23 10:06am
Moderation in all things. Especially charitable giving.
ArcticKat
3/19/23 10:47am
Of course. Big purchases (or tons of small purchases) could wipe that out in not
BlooCoog
3/19/23 10:07am
Unless you are buying private jets and yachts
cougarbart
3/19/23 10:08am
Even if you’re buying private jets and yachts you’re not killing nearly a $B
pink22
3/19/23 10:11am
Agreed but those are the only items that could make a serious dent
cougarbart
3/19/23 10:15am
If you aren't, then you're practicing some level of frugality
El Jefe
3/19/23 10:16am
And private islands
tony
3/19/23 1:18pm
Not too long?? A billion dollars?
pink22
3/19/23 10:09am
Maybe he’s forgetting a few zeroes
maxpowers
3/19/23 10:10am
Lots of huge purchases and investments a person could make. Do some
BlooCoog
3/19/23 11:39am
Live off $100M/yr in interest?
rivercitycoug
3/19/23 10:32am
Yes. Have an awesome life. Give a bunch of it away to people who need it more
BlooCoog
3/19/23 11:16am
it would be pretty hard to even spend the interest on a billion - that's millions of dollars a week.
dryflyelk
3/19/23 10:37am
I think we’ll be judged in the afterlife to a degree on how we spent our money.
cmoney
3/19/23 10:09am
Luke 18:25 agrees, but the "woke" parts of scripture are better left ignored.
vagabonder
3/19/23 10:13am
Difference between helping someone out of your heart vs being forced to help
jrifkin48
3/19/23 10:19am
Thanks, I had forgotten about Luke 18:26.
vagabonder
3/19/23 10:27am
Looks at the recent SEC case. 😬
Bad Plus Fan
3/19/23 10:27am
It depends on what you mean by frugality
webster242
3/19/23 10:09am
This. Frugality benchmark changes
insanobueno
3/19/23 10:23am
Yeah, on a scale of 100 I’d probably be a 2 or 3
cougaman
3/19/23 10:12am
Dude a half of one percent is 5 million a year to live off of. Investing the principal at that level you're
DJROSS
3/19/23 10:18am
The sum result of frugality would change. For example a new Cadillac does not
Cheap Seats
3/19/23 10:20am
Frugality by current standards or by billionaire standards?
vagabonder
3/19/23 10:26am
I’m sure your wife is happy you probably wouldn’t trade her 😂
Heath Squashwell
3/19/23 10:50am
Happy now or happy if I had a billion dollars?
vagabonder
3/19/23 11:24am
I’d be “frugal” enough to hopefully not encourage my kids to grow up to be
maxpowers
3/19/23 10:29am
RE: POLL: If you had a billion dollars, would you practice any level of
ballen
3/19/23 10:29am
Shoot for 2.5% return.
JohnnyC
3/19/23 10:52am
It would be impossible to spend that kind of money without giving it away
GA_Coug
3/19/23 12:36pm
Did I get in my twenties or my forties?
KCFan85
3/19/23 11:11am
Frugality means different things at different income levels.
Bradleyd16
3/19/23 1:57pm
Asking for a friend?
VenomFarmer
3/19/23 2:35pm
yeah, old habits die hard
qwerew
3/19/23 6:35pm
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