I found out through my parents that a family down the road from them won £5m on the lottery. They might buy a new car, a new home (and rent the old one) … and erm, that’s it for now. Its made me think about what i’d do with £5m.
I think the last time I thought about this was when the lottery first started and I used to place a pound a week on it with my work mates.
I haven’t thought about it since.
Here’s the shopping list:
£500k I think would be blown on my friends and family… plus some pointless purchases for myself. (holiday etc)
A new home or 2 would be bought as well. Cause you can’t go wrong with property after all – £500k
I’d then consider about some bigger projects that would make me happy. Throwing a chunk in to CH, to kick start that off. £200k would dribble in over the course of several 6monthly periods, for a few years, on marketing, advertising and product stock.
An animation idea I have would get some investment – £200k
I’d invest in some skateparks, obviously get some big ramps built specifically. £250k would do it.
Also the money would buy me some time… to focus on things I want to do. At least a years worth of time. That’ll probably be £100k or so.
I’d like to fund a project overseas, helping disadvantaged people in some way. A poor country/community, something like that.
I’d like to start a magazine. Dunno what. But I’d love to give it a go.
I think clearly the main thing about all my choices is they’d be selfless. I’d like it to give me financial stability primarily, then ultimately use it to the benefit of others.
maybe setting up some kind of venture capital fund for people trying to get their own projects off the ground, yet minus all the tedious paperwork that traps so many people into failing before they’ve already started.
Ooo… setup a recording studio too 🙂 … I can’t believe I nearly forgot that one!