fbpx

What Would You Buy First if You Came Into Serious Money? Here’s What People Said.

I know EXACTLY what I’d buy if I came into a bunch of money: a modest house on or a block or so away from a beach.

To be able to live that close to the ocean is my ultimate dream…so we’ll see how things work out in the future.

Oh, and then I’d buy a new car!

AskReddit users opened up about what they’d buy first if they had a lot of cash.

Let’s see what they had to say.

1. Nice and quiet.

“Four sections of good pastureland. For those who don’t know, that’s 2,560 acres, 4 square miles.

I’d build in the center and never have a neighbor less than a mile from me.”

2. Yes!

“I’d straight up build a castle, with secret passage ways, a wall that can be climbed for when I’m overthrown and need to k**l the current king, non lethal traps, ball pit, trampoline, functional guillotine, a watch tower, and an above ground pool.”

3. Cool idea.

“I’d buy a restaurant and let people run pop ups to try to launch their concepts.

This is my dream business. And there’s an old school building around the way I’d buy in a heartbeat if that money came in.

Put all the equipment my chef’s heart desires in the old kitchen space. Invite some line cooks with big eyes to do their pop-ups or use it as a commissary.

When chefs aren’t around? I’ve got my own skills. I’d host fundraisers and arts clubs. Rent it out for wedding receptions too.

I used to help run a quarterly magazine. Two of us did everything but the writing out of a basement. A couple of rooms–maybe even a floor–would bank you an office space for whatever publishing adventure.

The best part? There’s fields out back. Baseball, track, basic stuff. But something to host rec leagues and community kids’ leagues.”

4. That specific car.

“My S/O has always dreamt of driving a Porsche.

A very specific model, color, etc. He has it as his screen saver.

I would get him that car.”

5. For sale.

“So the trailer park I grew up in is for sale, and they want 3.5 Million Dollars for it.

They’ve been periodically raising the rent every three months for decades now, and have driven the place into a horrid drug ridden slum. They drove out good people, and let the place fall apart. The well isn’t safe to drink, it’s right under high way, the stores have turned to rubble, you can sometimes hear dog fighting rings going on at night, domestic v**lence fights are the norm, every once in a while you can hear someone getting raped, and by the time the police arrive nothing gets done.

It’s a horrible community. If I ever get the money to do so, I am going to buy that park, and burn it to the ground. There is nothing but bad memories in that hellhole.”

6. Take care of it.

“Go to the dentist, optometrist, and doctor without worrying that whatever needs to be done won’t cause financial ruin.”

7. Here’s the plan.

“The Washington Football Team and then rename them the D.C. Dragons because dragons are tight.”

8. Fun!

“I’d hire a team of architects to design a big house and put in a bunch of secret passageways and rooms and not tell me how to find them so I can have fun discovering them over time.”

9. What a feeling!

“First fun purchase after setting up my investments would be driving to the airport without a ticket and buying it at the counter right then.”

10. Step by step.

“Hire a lawyer.

Hire a Financial Adviser.

Invest in stock.

Become Philanthropist after taking care of family and friends.”

11. Got it all figured out.

“Pay off the mortgage, put money away for my daughter’s schooling.

Buy a cottage in Maine by the shore.”

12. Nothing too crazy.

“Get a financial planner and continue to live a modest life.

Make sure daughter is financially set for life with a trust that pays out incrementally. Make sure she has good schools and enriching life. I’d buy a slightly larger home and set aside enough for taxes and maintenance for decades. A home that I can get old in and not have to worry about stairs and such. Hire a cleaning team.

Buy a modest, newer car and a golf cart for bopping around (probably my one silly thing). Go down to part time at work. Still gotta work and maintain structure. Use extra time to help give back to the community and to causes close to my heart. Ultimately nothing dramatic or crazy. Keep a normal life and set a positive example for my daughter.”

What would you buy first if you had a ton of cash?

Let us know in the comments!

Thanks a lot!