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If you had 1 billion to invest?

by Horsager , Posted to Fishing Buddy on 12/19/2011 2:55 PM | "Quote" | "Quick Reply" |
Horsager

Joined: 08/12/2003
Location: ND
 Would you put that billion into some sort of fund that would pay you say $450K/yr for the rest of your life?

I'm trying my best to figure out the math on a presidential election and for some reason I just can't make the numbers work out.  If you lived for 30yrs after your term was up that's still only $13.5 million.

What gives?  You can't make enough in the private sector to ever make that up either.
..............THIS SPACE FOR RENT..............
Re: If you had 1 billion to invest?
by johnr on 12/19/2011 3:01 PM | Reply #1 | "Quote" | "Quick Reply" |
johnr
Joined: 02/18/2004
Location: ND
It would repay itself in 30 yrs, one billion at 3.5% return is $35 million, with never adding to the principle it would pay its value out in 30 yrs.
 

If we're not supposed to eat animals, how come they're made out of meat?
Re: If you had 1 billion to invest?
by Tim Sandstrom on 12/19/2011 3:02 PM | Reply #2 | "Quote" | "Quick Reply" |
Tim Sandstrom
Joined: 07/14/2003
Location: ND
I'd buy land and whole life insurance policies.




 
Kirsch's Outdoor Products | Fargo, ND | 701-261-9017 | koutdoorproducts.com
Risovi Taxidermy Studio | New Rockford, ND | 701-947-2048 | risovitaxidermystudio.com
Jig-em-Up Guide Service | Grand Forks, ND | 701-739-9198 | jig-em-up-guide-service.com

 
Re: If you had 1 billion to invest?
by Horsager on 12/19/2011 3:06 PM | Reply #3 | "Quote" | "Quick Reply" |
Horsager
Joined: 08/12/2003
Location: ND
 
johnr Said:
It would repay itself in 30 yrs, one billion at 3.5% return is $35 million, with never adding to the principle it would pay its value out in 30 yrs.

But here's the thing, you don't get 3.5%, you get a flat $450K or whatever the presidential pay increases to.
..............THIS SPACE FOR RENT..............
Re: If you had 1 billion to invest?
by T-ROY on 12/19/2011 3:06 PM | Reply #4 | "Quote" | "Quick Reply" |
T-ROY
Joined: 11/22/2010
Location: nd
WALMART STOCK....HA AND I HATE WALMART
Re: If you had 1 billion to invest?
by BAW on 12/19/2011 3:07 PM | Reply #5 | "Quote" | "Quick Reply" |
BAW
Joined: 01/30/2002
Location: ND
Land!!! and more LLLLaaaaaaanddd! And Tim couldn't hunt it.
Re: If you had 1 billion to invest?
by johnr on 12/19/2011 3:17 PM | Reply #6 | "Quote" | "Quick Reply" |
johnr
Joined: 02/18/2004
Location: ND
Horsager Said:
  But here's the thing, you don't get 3.5%, you get a flat $450K or whatever the presidential pay increases to.
I was thinking you meant to invest the billion, not waste it on becoming the POTUS
 

If we're not supposed to eat animals, how come they're made out of meat?
Re: If you had 1 billion to invest?
by jokostel on 12/19/2011 3:25 PM | Reply #7 | "Quote" | "Quick Reply" |
jokostel
Joined: 10/24/2005
Location: ND
 1 Billion? screw investing it.
I take it, and buy a small island in the carribbean, and enough food stuffs for 40 years
Either that, or Id buy my dream rifles for hunting, head to Africa and hunt the rest of my life.

I'm the devil's son..... call me young gun.
Re: If you had 1 billion to invest?
by T-ROY on 12/19/2011 3:36 PM | Reply #8 | "Quote" | "Quick Reply" |
T-ROY
Joined: 11/22/2010
Location: nd
THATS AWSOME ,BUY A SMALL ISLAND.SMALL WAVES COULD WASTE YOUR MONEY REAL QUICKLY.....BUT YOU GOT A BILLION IF YOU LIVE THREW IT.BUY ANOUTHER ONE?RIGHT..........................
Re: If you had 1 billion to invest?
by Nanky on 12/19/2011 3:36 PM | Reply #9 | "Quote" | "Quick Reply" |
Nanky
Joined: 10/19/2006
Location: ND
Land, Oil and Gold.

nankysphotos.imagekind.com
Re: If you had 1 billion to invest?
by mowerman on 12/19/2011 3:38 PM | Reply #10 | "Quote" | "Quick Reply" |
mowerman
Joined: 03/30/2011
Location: nd
I would give 1/2 of it to the Shirners Hospital and the other 1/2 i would open tx centers for recovering alcohalics
Re: If you had 1 billion to invest?
by Enslow on 12/19/2011 3:43 PM | Reply #11 | "Quote" | "Quick Reply" |
Enslow
Joined: 02/13/2006
Location: ND
I'd blow it all on strippers
Re: If you had 1 billion to invest?
by BOUTDOORS on 12/19/2011 3:48 PM | Reply #12 | "Quote" | "Quick Reply" |
BOUTDOORS
Joined: 07/23/2010
Location: ND
So is no one going to reference the movie Office Space here?  I can't now that the Shriners was mentioned.  Doesn't seem right to be that guy.

Seriously though - that would be so much responsibility.  Investing for the future and charitable responsibilities would seem to be the right thing. 

Re: If you had 1 billion to invest?
by Horsager on 12/19/2011 3:59 PM | Reply #13 | "Quote" | "Quick Reply" |
Horsager
Joined: 08/12/2003
Location: ND
 You guys hi-jacked my thread!  I wanted someone to explain the economics of spending 1Bil to obtain a $450K/yr job.

I'm gonna PM Tim and get you all banned for mucking up my thread.

WWWWAAAAAAAAAAAAAAAAAAAAAAAAA

(grin)

This didn't go as planned but I guess big dreams  are more fun to discuss than how much it costs to be elected.  So, let the imaginary philanthropy continue!
..............THIS SPACE FOR RENT..............
Re: If you had 1 billion to invest?
by Swanson on 12/19/2011 4:03 PM | Reply #14 | "Quote" | "Quick Reply" |
Swanson
Joined: 09/07/2007
Location: ND
I would buy 30,000 acres and fence it in haha

Re: If you had 1 billion to invest?
by gonefshn on 12/19/2011 4:03 PM | Reply #15 | "Quote" | "Quick Reply" |
gonefshn
Joined: 12/16/2001
Location: ND
Horsager, just buy the Presidency.  Then you'd get the best medical care, security services, and pension for life.  And for at least 4 great years the 1% would be kissing your a$$ instead of robbing your old measly 401k.  And if you let them kiss it enough, they might even reward you with 4 more years of a$$ kissing.
44 Replies | Page 1 of 3123 Next Page >> | Top of Page | Bottom of Page
Posted By: Horsager
Posted On: 12/19/2011 2:55 PM
1668 Views, 44 Comments

Tags: billion, invest, i'm, 450k, fund, sort, life, pay, figure, trying
More Tags: USD, presidential election, Business_Finance
Region: Minnesota

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