I buy $1M worth of gold. Definitely something that could be done in a day, and it's a good investment and highly liquid.
this post was submitted on 20 Mar 2025
25 points (96.3% liked)
Ask
316 readers
433 users here now
Rules
- Be nice
- Posts must be legitimate questions (no rage bait or sea lioning)
- No spam
- NSFW allowed if tagged
- No politics
- For support questions, please go to [email protected]
founded 1 week ago
MODERATORS
That's only about what twenty pounds? That actually seems pretty reasonable.
load more comments
(9 replies)
My partner is not an artist, but he could paint something on some nice paper in a few minutes. Buy a frame, give him the rest of the $1mil, proudly display the piece in our house. I trust him to use that money well.
This is genius!!! If he's not willing to do it I selflessly offer to help you for a 10%. But only because I'm altruistic
Ah... Brewster's Gambit. A classic move.
Medical debt. Just buy up as many people's medical debt as I can.
Your halo is in the mail.
This is fucking brilliant! I'm in the UK so not to rub it in, but we have the NHS...
So? Buy delinquent credit card debt.
9am Porsche dealership, point at whatever the most expensive one in the showroom and say "I want it and I want it right now, how much? Ill bring it back for its first service tomorrow but I want to drive it out right now" drive it straight to the Audi dealership and repeat at the BMW dealership, if I have enough money and time left, head to the Honda dealership and grab a Type R.
The following day, drive the cars back to the dealership, say "I know I'm going to take a loss but I've changed my mind. Can you buy the car back?"
Probably wind up with about $700,000 and I'm not taking back the Type R.
You know... there's an old movie about just this topic called "brewster's millions"
How many school lunch bills can be paid with that?
Or tuition for how many community college students?
Go to all the dealerships in my town and buy up as much inventory as possible. You can purchase the cars that day and pay cash in full but you won't receive them for a while. While you wait you have a few days to weeks to coordinate with as many groups as possible to "give" those cars to families in need assuming they can cover the cost of insurance for that vehicle.
Is this a "Brewster's Millions" scenario, where it has to be wasted, or do you just have to buy a bunch of crap?
Also, I'm presuming you aren't counting time for the check/etc to clear. Otherwise, very few of us could ever even conceivably make that level of transaction.
Why no houses? I'm sure I could find a house that they could sign over that day if I paid the whole million in cash. It'd be a shithole anyway, if it's only a million bucks.
I guess I could buy a million dollars worth of shares in something that will likely go up by a few cents if not a few dollars the next day, so I could immediately sell the shares and would have more than 1 million.
Stocks
Stocks are currently T+1, meaning the trade does not finalize until the next day.
In my country they're finalized immediately
Move to this guy's country, buy stocks
How do you day trade in your country?
For the most part, the only real restriction is that you have to have cash on hand to settle any purchases that day regardless of any sales. The next day all the transactions settle and you can continue. So you just have to keep a larger cash reserve if you're going to do a lot of swing trading.
Some brokers are more flexible with that and will cover you as long as your trades don't put your cash in the negative, but that's up to the broker to manage the risk of a failed transaction.
Or so I understand it.
142,858 pints
There's basically nothing I could buy and have it delivered in the same day anywhere near that amount unless you count stocks or something.
My first instinct was solar and battery for the house, electric car, new tractor, farm supplies, and home improvement (japanese houses aren't great and I would basically gut and rebuild my house as a net zero at least passivhaus).
1 million dollars... worth of pudding.
I like your style. You could travel through the city bestowing pudding on everyone
I would buy myself a nice camera and several lenses (easy $200K right there), a new phone, and a new car. I would then donate the rest to the local homeless shelter.
Donating really doesn't feel like it adheres to the spirit of the question tbh. Frankly I bet if I had a solid 24 hours during the standard work week and a million in cash, I could get a home sale closed, though. Without mortgages, as a buyer I can skip inspections insurance etc and I'm fairly sure it could be done.
That's a good idea, but could the solicitors do their side? Although for 25k I bet you they'd find a way
load more comments
(1 replies)
Well, being is that I already have all of the equipment set up, I could just pay off my house and all of my debts with the remaining, I don't know, $600,000 just buy jewelry and cars that I can then resell in the future or something if need be.
Drugs 😊
There's a lotus dealership up the road, or a Corvette dealership a little farther. Honestly I'm very close to several luxury car dealerships so I would just buy a few cars.
A 60’ sailing catamaran ah damn the rule ok well lemme think
A bunch of visa giftcards.
Take out a loan using the million dollars collateral and then pay it off with the million dollars?
view more: next ›