Personally, if I had GabeN money to spend on a yacht, I would commission something similar to S/S Delphine, S/S Norrskär or /
S/S Storskär, I love the classic lines of a late 1800s, early 1900s small ship.
Why specifically $5M and not say $1M? Building a house should apparently cost you half of that, and I assume the rest is for investing into passive income?
I agree with the other guy, talk is cheap. I probably don’t need a 4k TV or multiple consoles, but I immediately started planning and buying after a raise.
I would agree that 1M is enough to live comfortably, everything on top of that you are seeking luxury that you don’t really need like an house in a fancy area or way to big
I have three kids to support, and $1M would only produce about $30k/year in income if I use 3% withdrawal. I can’t realistically use a higher withdrawal rate given how far I am from retirement.
I probably only need $2-3M (current spending is $60k or so), but $5M gives me plenty of cushion and lets me donate generously to causes I believe in. At $2-3M, I need to be careful when the economy is bad, $5M means I’ll never need to worry about money again.
If I were a billionaire I would buy an old ass ship (forgive me IDK much about naval history) like an ironclad, retrofit it with a nuclear reactor and then full horsepower it through a yacht yard
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: [email protected]
Video game news oriented community. No NanoUFO is not a bot :)
Posts.
News oriented content (general reviews, previews or retrospectives allowed).
Broad discussion posts (preferably not only about a specific game).
No humor/memes etc…
No affiliate links
No advertising.
No clickbait, editorialized, sensational titles. State the game in question in the title. No all caps.
No self promotion.
No duplicate posts, newer post will be deleted unless there is more discussion in one of the posts.
No politics.
Comments.
No personal attacks.
Obey instance rules.
No low effort comments(one or two words, emoji etc…)
Please use spoiler tags for spoilers.
My goal is just to have a community where people can go and see what new game news is out for the day and comment on it.
Personally, if I had GabeN money to spend on a yacht, I would commission something similar to S/S Delphine, S/S Norrskär or / S/S Storskär, I love the classic lines of a late 1800s, early 1900s small ship.
Modern yachts/ships look so boring…
if you show up with one of these other billionares would think you got it from a ship breakyard
Nah, they would be restored to perfection and upgraded with modern tech
I would probably donate most of it to a worthy cause. I don’t need anywhere near that amount of money, anything over $5M gets donated.
Why specifically $5M and not say $1M? Building a house should apparently cost you half of that, and I assume the rest is for investing into passive income?
I agree with the other guy, talk is cheap. I probably don’t need a 4k TV or multiple consoles, but I immediately started planning and buying after a raise.
I would agree that 1M is enough to live comfortably, everything on top of that you are seeking luxury that you don’t really need like an house in a fancy area or way to big
I have three kids to support, and $1M would only produce about $30k/year in income if I use 3% withdrawal. I can’t realistically use a higher withdrawal rate given how far I am from retirement.
I probably only need $2-3M (current spending is $60k or so), but $5M gives me plenty of cushion and lets me donate generously to causes I believe in. At $2-3M, I need to be careful when the economy is bad, $5M means I’ll never need to worry about money again.
Talk is cheap.
Give me a bunch of money and I’ll show you. 😜
If I were a billionaire I would buy an old ass ship (forgive me IDK much about naval history) like an ironclad, retrofit it with a nuclear reactor and then full horsepower it through a yacht yard