I got an inheritance of $10 million from my grandma, and I want to use it to buy classic cars. What do you suggest that I buy with it? I know nothing about cars. I just want to live out my dreams and I know that she would have understood.
DCA into index funds over the next 2-3 years. Withdraw at 3.4% per year, or 3% if you want to be extra safe. That would get you a yearly income of $300k with zero effort on your part. You would live comfortably without ever having to work again.
fake and gay. Buy a shitbox and invest the rest.
>>28949717move to asia and fuck prime teen pussy on the daily
>>28949721This. He didn't spell out that you would then be set for life but also be able to buy more cars over your lifetime than you would with just the initial inheritance. You'd have to space them out some but then you'd get to know each one more rather than be some knock-off Sultan of Brunei that probably didn't even know what all he had.That said, my 10 million garage would be mostly US Muscle and some Malaise barges with a few Jaguars and Astons thrown in.
Donate it to /o/ so they can buy fun cars <3
>>28949717buy 15% OTM SPY calls expiring next week thank me later
>>28949717Some guys have all the luck
>>28949771this. I only need $10k to finish my project car
>>28949768>He didn't spell out that you would then be set for life but also be able to buy more cars over your lifetime than you would with just the initial inheritance.Exactly, he could buy a new $100k car every year with cash and still live comfortably off the other $200k.Build that garage up slowly, and learn to love every car as you buy them. Sometimes less is actually more.
>>28949722my ex wife and her sister are going to get millions when their parents die and i blew the best retirement i could of had cause i didnt tow the line friggin sucks
>>28949805why what's happening next week?
>>28949925>he doesn't knowSAD! PATHETIC! NGMI!
>>28949717>I got an inheritance of $10 million from my grandma,That's meant to be generational wealth for you to make into a permanent wealth pool. The fact that you want to blow it on an exotic car shows you don't really know how much it costs to keep one, and you'll likely lose all of the money and the car anyways.Do what >>28949721 says if you actually want to keep the money.
>>28949833I only need like 6 or 7k probably to get mine unfucked
>>28949768>Burgerbarges + Astons and JagsBased yank.
>>28949717start like everyone else, buy the cheapest shitbox you can find and work your way upyou will always be looked down on as a poser
buy an antebellum mansion and call people the n-word
Oddly enough, older supercars may have a better return than traditional investing.Me? Idk, I'd probably get a couple tuner cars and a modest house while investing the rest. And lots of hard drugs, obviously.
>JUST INVEST IT IN AN INDEX FUND YOULL MAKE PASSIVE INCOME FOR LIFEThis is the most reddit thing I've ever heard
>>28949717Force someone to swap a Yamaha V8 into my second gen Probe and make it AWD.Buy a small house in the middle of nowhere.Spend the rest on real estate so I don't have to do anything for the rest of my life and can sit in my small house in the middle of nowhere 24/7.
>>28949884That's what you get for trying to have a threesome with your wife and her sister dummy
I'd probably build, or rathee pay someone to build for me, the ultimate mancave workshop.Idk how much it'd cost, probably not the whole 10 mil, so I'd spend the rst of the money on tools, lifts, whatnot needed for a proper workshop and start mt own "company" working on shitboxes with whatever is left over.
>>28949722Yeah thisIt would be a nice shitbox though
>>28949717Hookers
>>28949717Invest into rocy/rocqBut this is larp so who cares
>>28949717>I know nothing about cars>I just want to live out my dreamsSo your dreams are vague and undefined? You should give that money to some one who actually knows what their dreams are.>I just want to be a rich bigshotBuy a corvette C8, it will fulfill whatever you're looking for without bankrupting you.
>>289497213.4% is the area where inflation is going to consume the value of the reinvested portion eventually, 3% keeps it level.Me personally, I would pay myself whatever calculates out to the yearly necessities and withdraw in chunks for whatever needed/wanted.In either case the goal is really to maintain the value if not outright increase it, and pass it on to the next person. Blowing a collected sum of money is retarded and, as you said, 300k/yr is a comfortable life.
>>28950958>300k/yr is a comfortable life.Looool cuck thinking
No shit the investment but that aint /o/SuburbansI would put together an assembly line to restore and repair as many as I could.Charging just enough to keep it going.As for collection or personal hmm guess I would get around to lifting and turbo charging m Silverado. Maybe get another T1XX and drop it and make a fast back topper.
>>28949768>>28949805>>28949871>>28950045>>28950266>>28950840>>28950890>>28950958Hot fuck you niggers need to leave this board.Fine new questionYou must spend 10 million USD on cars or you get shot. What do you buy?