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originally posted by: pfishy
a reply to: VictorVonDoom
Well, for the purposes of the conversation, you can keep anything you buy. But you still cannot donate, give or throw the money away. As in literally pitching cash into a fire or something. It must all be spent. You can spend it on things like education though.
originally posted by: andy06shake
a reply to: pfishy
Attempt to help the homeless and disadvantaged of our world.
originally posted by: pfishy
If you were given the chance to have $1,000,000,000 to distribute to any causes, altruistic investments or charities you chose, just imagine what you could do.
But, in order to be able to do this, you MUST spend $100,000,000 on yourself first. Only you and your immediate family. You may keep anything you purchase, unlike the premise of the movie, but the money must be spent. Not saved or invested, no trust funds or anything along those lines. It must be entirely gone by the end of the deadline. Let's say 6 months.
What would you do with the $100,000,000? And what would you do with the $1,000,000,000?
originally posted by: VictorVonDoom
As I recall from the movie, you had to spend it and not have anything to show for it when the time was up. You couldn't give any away, and anything you bought would be considered an asset.
One thing Richard Pryor did was to buy a very rare and expensive stamp, then used it to mail a letter. Along those lines, I would buy a few US Gold Eagles, then spend them at their face value of $50.
But, in order to be able to do this, you MUST spend $100,000,000 on yourself first.