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March 14, 2006

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Thanks for that - it was so interesting to see how the mega rich live. I had no idea you could even get on stage seats at a Rolling Stones concert, but I guess there must be a price for just about everything. Wonder if that travel agent could even arrange for me to sleep in the castle in Walt Disney World - when I'm rich of course.

If I had that money, then my neices, nephews, and cousins wouldn't have to worry about paying for college.

And I would be training a lot more so that I could be as competitive as I was in college.

One thing I notice about Maine is that the best runners are not the open runners in their prime but the masters runners that are in a position where they can devote more time to training. If you look at the top 10 of 90% of the races in at least the southern part of this state, then there will rarely be more than 1, 2, or 3 people in their 20s, and if there is more than one then they will rarely be in the top half of those 10.

If I came into $50 million I would do the following, in this order:

1) Hire a CPA, a CFP, and a tax attorney,
2) Pay off the mortgage (this will be gone inside of eight years as it is, but still... no sense in paying interest to a bank when you don't have to),
3) Investigate how best to help my older sister, who is bedridden with Multiple Sclerosis and is scraping by on Medicaid, and assuming I could help her without jeopardizing her Medicaid status...
4) Take a short leave of absence from my job to put that plan into action. This would entail moving her temporarily, paying off her mortgage, then bulldozing her run-down house and building a new one that better meets her needs. Then I'd hire a personal nurse and get her the best medical care I could find.

Beyond that, I wouldn't change anything. I wouldn't quit my job. I wouldn't buy a new car (my used '95 Saturn was paid off over five years ago and there is no sense in replacing it before its time). I wouldn't go on a shopping spree to buy useless crap...

I probably *would* have to buy a house though. I'm sure my longtime girlfriend would not stand for staying in our 1BR condo, even if it was mortgage free and even though it meets our needs. :)

I would hire a driver for my husband, so he wouldn't have to deal with the stress of LA traffic :)

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