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Old 19-07-2018, 12:31   #1
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What Would You Do W/ $700K

Change of pace, mates. No caveats, no conditions...if you were given $700K US, what would be your 5 year game plan...crapping your pants excluded.
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Old 19-07-2018, 12:38   #2
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Re: What Would You Do W/ $700K

Wine and women
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Old 19-07-2018, 12:42   #3
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Re: What Would You Do W/ $700K

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Wine and women

LOL. There is a poster on here with the greatest tag line, can't remember their name: I spent most of my money on Booze, Broads and Gambling...the rest I wasted." Or something to that sort. Awesome.
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Old 19-07-2018, 12:53   #4
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Re: What Would You Do W/ $700K

The thing is, in today's world, $700k isn't nearly what it once was. Excepting some small splurge with a little bit of it, I would put it into savings and otherwise continue with the exact same game plan that I have now.


I know. Call my boring. That's okay with me, as I am very happy with my life.
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Old 19-07-2018, 13:08   #5
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Re: What Would You Do W/ $700K

Agreed, $700k wouldn't get you a superyacht, but in the used market you can haggle an expedition motor yacht or trawler with sophisticated system.
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Old 19-07-2018, 13:16   #6
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Re: What Would You Do W/ $700K

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Change of pace, mates. No caveats, no conditions...if you were given $700K US, what would be your 5 year game plan...crapping your pants excluded.
If itís only boating type answer and can spend it all in the 5 years:

I would get good condition well fit out 10 year production 42-46í boat for $100-150k and go live the high on the remaining $9k/mo!!! And if the boat needs to be moved somewhere where the trip is going to be crappy I would get Boatie to move it and wait on the beach with a drink till he got there.
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Old 19-07-2018, 13:49   #7
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Re: What Would You Do W/ $700K

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Wine and women
That is a plan regardless of available funds. Only the quality of wine may vary with resources, the quality of women should be consistent. Although with enough wine, who really knows?
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Old 19-07-2018, 14:05   #8
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Re: What Would You Do W/ $700K

Buy a 10-12 year old power cat and use the rest for expenses as we toodle around for a few years.
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Old 19-07-2018, 14:44   #9
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Re: What Would You Do W/ $700K

Have someone else change the oil.
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Old 19-07-2018, 20:26   #10
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Re: What Would You Do W/ $700K

I would plan to spend the whole 5 years in the Caribbean. I figure 60k per year. save 100k for the unexpected. That leaves 300k to buy and outfit the boat. I would probably try to find a boat for 200k and save 100k for outfitting.
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Old 19-07-2018, 20:32   #11
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Re: What Would You Do W/ $700K

Buy a boat similar to what i have ,purchase some incoming returning real Estate and cruise within my means until its time for a change. 700k is enough to stop and cruise indefinately IF its put in the right spot.
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Old 19-07-2018, 21:33   #12
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Re: What Would You Do W/ $700K

Buy my dream boat and sail around the world (we are young and poor, but adventurous ��). Probably an Oyster, Hallberg-Rassy, or an Amel. Would head to the South Pacific first for sure to dive some remote reefs before they disappear.

So I would spend about 300-400k on the boat, 200k for sailing budget, and then I would invest the rest so that we could sail forever!
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Old 19-07-2018, 22:56   #13
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Re: What Would You Do W/ $700K

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Agreed, $700k wouldn't get you a superyacht, but in the used market you can haggle an expedition motor yacht or trawler with sophisticated system.
And how would you run and maintain it now the money has gone?
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Old 19-07-2018, 22:58   #14
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Re: What Would You Do W/ $700K

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Buy a boat similar to what i have ,purchase some incoming returning real Estate and cruise within my means until its time for a change. 700k is enough to stop and cruise indefinately IF its put in the right spot.
Same same but different
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Old 20-07-2018, 01:51   #15
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Re: What Would You Do W/ $700K

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Change of pace, mates. No caveats, no conditions...if you were given $700K US, what would be your 5 year game plan...crapping your pants excluded.
The first thing that any prudent male would do is hide it in a tax haven and file for a divorce.
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