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If you were comfortably rich, what would you do?


caulfield12
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Let's say, for argument's sake...at least $10 million. Imagine you're 50-55 with kids already out of the house.

 

Start a non-profit? What would your goal/mission/vision be?

 

Teach/mentor? Start a charter school? Volunteer, but just part-time?

 

Social venture philanthropy, for example...working as the corporate giving/volunteer coordinator position for a company like Starbucks (upper management) or Whole Foods?

 

Environment/green tourism?

 

Travel blogging?

 

Venture capital investing in tech and green tech start ups? Microfinance to help provide lower no interest Loans to women/children in developing countries?

 

Mentoring start ups, like Mark Cuban or Marcus Lemonis?

 

Run for political office? Get a master's or PhD?

Edited by caulfield12
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But apart from Office Space quotes, I have had 2 specific and out of the box ideas since I was a kid about what I would like to do if I have a ton of money.

 

One was to open up a big baseball academy in Ireland, and grow the sport there. I am very super Irish, and I love baseball. I've been to Ireland, had family there, but it's obviously not a baseball country whatsoever. I would love to get kids involved and have state-of-the-art stuff there. When I was in middle school I contact the "Dublin Black Sox", because I loved that there was an Irish baseball league that used the White Sox as their team, and they sent me a hat of theirs. Still have the hat. It utilizes the old school S with the small O and X inside the curls of the S.

 

My other big dream was to open up a sports restaurant on the border of Michigan and Indiana, like literally on state line, and have the building split down the middle, one side Notre Dame and the other side Michigan. When you came in, you chose an allegiance to sit with. Obviously each side would be decked out with memorabilia. And on game day, however much the side of the building's team won by, that was your discount on your meal (would have to be a limit of course). Then when the 2 teams played, there would be all kinds of crazy promos and raffles and events.

 

Moral of the story, kids are dumb.

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QUOTE (ChiliIrishHammock24 @ Jun 15, 2017 -> 01:40 AM)
But apart from Office Space quotes, I have had 2 specific and out of the box ideas since I was a kid about what I would like to do if I have a ton of money.

 

One was to open up a big baseball academy in Ireland, and grow the sport there. I am very super Irish, and I love baseball. I've been to Ireland, had family there, but it's obviously not a baseball country whatsoever. I would love to get kids involved and have state-of-the-art stuff there. When I was in middle school I contact the "Dublin Black Sox", because I loved that there was an Irish baseball league that used the White Sox as their team, and they sent me a hat of theirs. Still have the hat. It utilizes the old school S with the small O and X inside the curls of the S.

 

My other big dream was to open up a sports restaurant on the border of Michigan and Indiana, like literally on state line, and have the building split down the middle, one side Notre Dame and the other side Michigan. When you came in, you chose an allegiance to sit with. Obviously each side would be decked out with memorabilia. And on game day, however much the side of the building's team won by, that was your discount on your meal (would have to be a limit of course). Then when the 2 teams played, there would be all kinds of crazy promos and raffles and events.

 

Moral of the story, kids are dumb.

 

Wouldn't that restaurant also at various points in the year have two different time zones?

 

The Baseball City idea is close to what Roberto Clemente set about constructing in Puerto Rico before his untimely demise in 1972. There's also Sox scout John Tumminia's "Baseball Miracles" program that's basically a mission trip combined with baseball camps for teaching and mentoring young kids in least developed countries. You can google it to learn more. I think they've gone to 4-5 different countries, choosing a major new project on a yearly basis, donating equipment that mostly is gifted from big league teams and (when possible) building lasting baseball diamonds as well.

 

 

Edited by caulfield12
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I'd sell my house, buy a truck to pull my 5th wheel trailer and become a full-time RVer traveling around the country. After spending a few years visiting all the states, I'd probably buy a couple of houses. One near here for the summer and one somewhere down south for the winter.

 

Then I might look into investing into real estate/house flipping. Or maybe buying a campground. Although the number of family-owned campgrounds are getting fewer and fewer every year. They are all getting bought out by larger companies.

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If I had $10 million at my current age of 26? Finish paying off my car, put a nice down payment on a nice house probably in the Bolingbrook/Woodridge/Romeoville area (doesn't have to be a huge mansion or anything), invest some thousands of it, put probably over half in the bank and do some traveling to some countries I've never been to. I wouldn't stop working although I would probably take a year off of work and then find a job after haha

Edited by soxfan2014
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QUOTE (southsider2k5 @ Jun 15, 2017 -> 10:36 AM)
Invest a million into my local HS. Most likely a state of the art track facility.

 

Payoff all debts, and start investing into some long term real estate and securities.

Awesome idea.

 

 

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QUOTE (caulfield12 @ Jun 14, 2017 -> 08:54 PM)
Let's say, for argument's sake...at least $10 million. Imagine you're 50-55 with kids already out of the house.

 

Start a non-profit? What would your goal/mission/vision be?

 

Teach/mentor? Start a charter school? Volunteer, but just part-time?

 

Social venture philanthropy, for example...working as the corporate giving/volunteer coordinator position for a company like Starbucks (upper management) or Whole Foods?

 

Environment/green tourism?

 

Travel blogging?

 

Venture capital investing in tech and green tech start ups? Microfinance to help provide lower no interest Loans to women/children in developing countries?

 

Mentoring start ups, like Mark Cuban or Marcus Lemonis?

 

Run for political office? Get a master's or PhD?

Got those done.

 

I would post on soxtalk more. I want to get to 10,000.

 

Retire to a Colorado mountain. People are scary.

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I'd golf a lot. Travel all the time. Probably own a place in suburban Chicago where I live now around Lisle/DG/Naperville. Buy a condo downtown Chicago. Buy a nice home in the French Quarter of New Orleans.

 

Probably try to get ownership in some sort of sports team. Something MLS probably with plenty of room to grow.

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I just played a game with friends on if you had 3 places you could live (and only be) for the rest of your life, where would you choose? I'd apply my answers and buy places in those locations, travel where I want to and the rest would go to charity/investments for the kids/grandkids.

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I would travel and invest in properties around the world. Then I would get bored.

 

I really think my life is more fulfilling the way it is now then if I were to have hit the lottery or something quick and easy. I have the things that I want but I have to work hard for them and they don't come all at once. I live a very satisfying life. Now once I am old and no longer interested in working hard and reaching goals then talk to me about winning the lottery then.

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QUOTE (shipps @ Jun 15, 2017 -> 09:51 AM)
I would travel and invest in properties around the world. Then I would get bored.

 

I really think my life is more fulfilling the way it is now then if I were to have hit the lottery or something quick and easy. I have the things that I want but I have to work hard for them and they don't come all at once. I live a very satisfying life. Now once I am old and no longer interested in working hard and reaching goals then talk to me about winning the lottery then.

That is an interesting comment, Shipps...I'd like to think I really wouldn't change all that much - that my goals and challenges might changes, but that I would still strive very hard to accomplish the things I'd like to accomplish. I don't know that I would ever really be able to just "relax." I think I would always be focused on something.

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QUOTE (shipps @ Jun 15, 2017 -> 11:51 AM)
I would travel and invest in properties around the world. Then I would get bored.

 

I really think my life is more fulfilling the way it is now then if I were to have hit the lottery or something quick and easy. I have the things that I want but I have to work hard for them and they don't come all at once. I live a very satisfying life. Now once I am old and no longer interested in working hard and reaching goals then talk to me about winning the lottery then.

 

I sort of feel the same way. I love my job, my family is in a great place, and I am hooked up with some great people and organizations that I support. The crazy thing is if I ever got stupid rich, I would buy the company I work for and turn the day to day operations over to the other 4 people I work with, and then live off of the revenue stream from it.

 

There really isn't anything I want to get away from per se, but I would love to put more resources into things around my hometown that really need it. Though I will admit, a lot more travel and baseball would be in my future.

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