2151 posts
Location
Auckland, New Zealand
Posted 09 February 2014 - 04:38 AM
Note to mods: This might be more of a Forum Games topic, but it's not really a 'Forums Game' hence why it's here.
So, the other day I was given quite possibly the strangest homework task ever. In economics we were told we had to spend 10 million (obviously fake) dollars and document what we'd spend it on. This may seem really easy, but it's actually a lot harder than you'd think; infact I just spent about 2 hours doing it. Probably the strangest thing was we weren't allowed to spend it on any investments (stocks, etc. although houses were fine, as long as you lived/visited them). I'm really questioning the genuinity of the economics teacher at this point, but it was quite enjoyable so I'd be interested to see what you guys would spend it on. We also had to come up with a situation that landed us in the position (e.g. won 10M in lottery).
So, yea, have at it.
By the way, I had to use Australian Dollars, but 10 million in what ever currency is probably fairly similar.
Edited on 09 February 2014 - 03:38 AM
29 posts
Posted 09 February 2014 - 06:42 AM
If you're talking about US Dollars…
US$1 = HK$7.8
US$10M = HK$78M…
Euro…
1 euro = 10 HK$
10M euro = 100M HK$
If you're talking about my local currency…
HK$1 = HK$1
HK$10M = HK$10M
I need to reply according to it.
Edited on 09 February 2014 - 05:46 AM
7508 posts
Location
Australia
Posted 09 February 2014 - 06:49 AM
If you're talking about US Dollars…
I had to use Australian Dollars
He was using AUD.
29 posts
Posted 09 February 2014 - 06:59 AM
I searched for a house,
I found it at 63m HK$, 8.1m US$, 6.34M Euro,
So… If I have 10M euro… I would buy it.
Housing is a HUGE Problem here in hong kong.
Also, I will buy an Airplane.a Cessna? it's something like 100,000…
6,340,000+100,000 = 6440000…
I will add more
156 posts
Posted 10 February 2014 - 10:41 AM
10Mil AUD is like 8.9Mil USD.
So, I'll still buy/make a super computer to do reverse hash bruteforcing.
995 posts
Location
Canada
Posted 10 February 2014 - 11:44 AM
I might buy a gigantic house to live in. Do you have to spend the whole thing?
500 posts
Posted 10 February 2014 - 02:44 PM
10Mil AUD is like 8.9Mil USD.
So, I'll still buy/make a super computer to do reverse hash bruteforcing.
Haha, would do the same :P/>.
Edited on 10 February 2014 - 01:44 PM
195 posts
Location
Cambridgeshire, England
Posted 10 February 2014 - 02:59 PM
Buy a house and car. Mansions and rolls royces are not really my thing, even if I had 10 mil I would probably just live in a small inconspicuous house and probably get one of the newer volvos or something (I actually like them). Furnish house, get a workshop setup with CNC mill and 3d printer (and soundproof, considering mills are noisy and this is an inconspicuous house I would likely have neighbours who dont want to listen to my machining). Scratch that, sound proof most of the house while I am at it as I am used to living up here on a farm without neighbours or traffic noise, mates dont notice it but if I visit them I can't help but notice it. Dunno what I would do with the rest.
2151 posts
Location
Auckland, New Zealand
Posted 10 February 2014 - 03:34 PM
I might buy a gigantic house to live in. Do you have to spend the whole thing?
We had to spend every last cent. Some people even had to buy thing like Mars bars and Mentos. As I said, really questioning the genuinity of the teacher at this point.
8543 posts
Posted 10 February 2014 - 03:52 PM
Capital gains tax (about half), a moderate house, property tax, and then various properties in areas that are likely to be developed soon. A small parcel outside of city limits someplace to set up a personal range. Maybe a new computer and a new car. Nothing exciting.
621 posts
Location
U.S.A.
Posted 10 February 2014 - 04:03 PM
Buy a new pc and throw the rest at the national debt.
Nope, that would be a waste. Give the rest to the poor in africa. (thaat doesnt count as an investment cause you dont get anything back.)
892 posts
Location
Where you'd least expect it.
Posted 10 February 2014 - 06:52 PM
I'd buy everything I need to make a fully functioning 5 foot long/wide/high advanced wireless mining turtle. CC IN THE REAL WORLD!
500 posts
Posted 10 February 2014 - 07:21 PM
I'd buy everything I need to make a fully functioning 5 foot long/wide/high advanced wireless mining turtle. CC IN THE REAL WORLD!
It's been done before :P/>
995 posts
Location
Canada
Posted 10 February 2014 - 08:43 PM
I would get the Titan (a supercomputer that a recent discussion here in General was about) if it wasn't 97 million dollars. I would just get the big house aforementioned and donate any leftover to Child's Play to make the job of spending the whole thing easier.
12 posts
Posted 10 February 2014 - 09:16 PM
I would set up my own mechatronics research facility. Im shore a few CNC machines / 3D sinter based metal printers would use about 10M including a hermetically sealed lab space.
Then I would make the worlds first turtle ;)/>
995 posts
Location
Canada
Posted 10 February 2014 - 10:55 PM
Did anyone in your class actually donate the excess money to charity (to save them the effort - people pay for convenience) to get rid of it, or was that disallowed?
892 posts
Location
Where you'd least expect it.
Posted 10 February 2014 - 11:17 PM
I'd buy everything I need to make a fully functioning 5 foot long/wide/high advanced wireless mining turtle. CC IN THE REAL WORLD!
It's been done before :P/>/>
I'd buy everything I need to make a fully functioning 5 foot long/wide/high advanced wireless mining turtle. CC IN THE REAL WORLD!
2151 posts
Location
Auckland, New Zealand
Posted 11 February 2014 - 01:57 AM
Did anyone in your class actually donate the excess money to charity (to save them the effort - people pay for convenience) to get rid of it, or was that disallowed?
I haven't been able to see what others did, but I'd say that that would've been disallowed.
Buy a new pc and throw the rest at the national debt.
Nope, that would be a waste. Give the rest to the poor in africa. (thaat doesnt count as an investment cause you dont get anything back.)
Yes, especially if you live in the US.
195 posts
Location
Cambridgeshire, England
Posted 11 February 2014 - 04:44 AM
I'd buy everything I need to make a fully functioning 5 foot long/wide/high advanced wireless mining turtle. CC IN THE REAL WORLD!
I'd buy everything I need to make a fully functioning 5 foot long/wide/high advanced wireless mining turtle. CC IN THE REAL WORLD!
It's been done before :P/>
Funny you guys should mention that, I was thinking of making one myself, although unlike the one above it was going to use the turtle API :P/> I have a stellaris launchpad board flashed with elua, had a small robot running with it, was contemplating going full blown turtle with it.
128 posts
Location
Poland
Posted 11 February 2014 - 07:54 AM
I, would walk and laught xD
And … buy some big companys, to have some big earnings! :D/>
995 posts
Location
Canada
Posted 11 February 2014 - 09:20 AM
I, would walk and laught xD
And … buy some big companys, to have some big earnings! :D/>
Define big - some huge companies cost a few billion to buy ;)/>
128 posts
Location
Poland
Posted 11 February 2014 - 01:03 PM
Lets say 2-3 companys for max 90% of the hull money
882 posts
Location
Behind you.
Posted 11 February 2014 - 01:11 PM
I, would walk and laught xD
And … buy some big companys, to have some big earnings! :D/>
Pretty sure some of the bigger companies can't be bought with just $10,000,000
695 posts
Location
In my basement.
Posted 14 February 2014 - 01:34 AM
I'd buy a awesome computer for myself, a gaming laptop, start paying my webhost, and getting some servers with cc
309 posts
Location
Sliding between sunbeams
Posted 16 February 2014 - 06:45 AM
If I won 10 mil euro net worth, I'd buy a nice house near california state university and get my masters degree in chemistry there.
After that I would go back to the Netherlands, buy a large house there and get a nice car. I would have about 9 mil left. I would invest up to 500k in stocks and distribute the rest of it over a dozen bank accounts and live a luxerous life from the bank interest and income from a part-time job.
283 posts
Posted 12 June 2014 - 03:12 PM
i would buy a professional computer so i could do programming in almost every language!
1029 posts
Location
Missouri, United States, America, Earth, Solar System, Milky Way, Universe 42B, Life Street, Multiverse, 4th Dimension
Posted 12 June 2014 - 10:07 PM
spend it all on a fancy computer. Well, maybe like 3 mil to a house and 1/5 a mil to a car.
edit: After buying the house and car I'd get a 3D printer that could print electronics, start a thing that'd pay you for your old computers, and grind them up into their parts and use them for printing and make thousands of super computers then network them all together to make one giant super computer. After that'd I'd buy Oculus Rift to save them from the terrors of facebook. Then I'd increase their funding and let them hire more people to speed along the development then I can FINALLY play games in virtual reality!
Edited on 12 June 2014 - 08:13 PM
28 posts
Posted 23 June 2014 - 12:13 AM
Do what everyone would do while they had a job when they win a million dollars
Cause a scene at my own job saying that I don't need this and that I won a lottery and telling my Boss to suck it
571 posts
Location
Some Fish Bowl in Ohio.
Posted 23 June 2014 - 01:42 AM
Buy a genie to turn it into more money.
1029 posts
Location
Missouri, United States, America, Earth, Solar System, Milky Way, Universe 42B, Life Street, Multiverse, 4th Dimension
Posted 01 July 2014 - 05:30 AM
Do what everyone would do while they had a job when they win a million dollars
Cause a scene at my own job saying that I don't need this and that I won a lottery and telling my Boss to suck it
give him the old fashion one-finger salute.
62 posts
Location
Greece
Posted 08 July 2014 - 10:12 AM
10 million australian dollars == 6.90541609 euros so:
1) A better computer
2)Better internet Connection
3)Buy all the games I like
4)I would hire scientists to create a machine that would ,when you user got in it, make a video game apear as the real world. Something like the Matrix
5)If anything is left I will go and start buying chocolates until I am out of money
Edited on 08 July 2014 - 08:16 AM
598 posts
Location
The United States
Posted 10 July 2014 - 03:43 AM
If I won 10 million dollars….
…..
…..
Um, I don't know.. I guess I would buy a chicken sandwich..?
…
I still have around 9.99999 Million dollars left :P/>
43 posts
Location
Vancouver, BC
Posted 10 July 2014 - 05:32 AM
Man probably just a new gaming rig and a new MacBook. Maybe a new car for my mom, and me too. Pay off the mortgage on our house. Buy a private jet and hire a crew for it as well.
16 posts
Posted 16 July 2014 - 07:09 AM
I know, buy something I want desprately ($8000)
10,000,000 ÷ 8000… 1250? F*ck yeah.