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Tuesday, November 30, 2004
Genuine Millionaire, Part II
If I Had $10,000,000
Since Genuine so generously bequeathed ten million in tax-free U.S. American currency to me, I should (at least) let my benefactor know how I plan to use the gift.
01. Pay off remaining mortgage on primary residence. Amount remaining: $9,800,000.
02. Purchase ocean-front cottage in either Carpenteria, CA or Savannah, GA to "escape" to whenever life gets too hectic (Spring/Summer). Amount remaining: $9,500,000.
03. Purchase mountain chalet in either Maine or Colorado to "escape" to whenever life gets too hectic (Autumn/Winter). Amount remaining: $9,200,000.
04. Upgrade primary residence (although brand-new construction) with hardwood on the third level, build a separate studio in back, build a separate workshop in back, add additional garage space and convert the lower level into a full rec-room, upgrade electronics, appliances, window treatments, and assorted wants and desires. Amount remaining: $9,100,000.
05. Provide either new residence or needed upgrades to parents' house (whichever they prefer), including weekly cleaning and lawn maintenance crews. Amount remaining: $8,950,000.
06. Take the long-talked-about trip to our native homeland - Ireland - with my parents. Amount remaining: $8,935,000.
07. Invest in the best savings plan possible, and only use from the interest accrued for miscellaneous "fun" expenses. Amount remaining: $5,435,000.
08. Create a travel fund (invested to accrue interest) for exploring the world. Amount remaining: $4,435,000.
09. Create a philanthropist fund (invested to accrue interest) for supporting charities, the arts, those in immediate need, etc.. Amount remaining: $2,435,000.
10. Buy (well-thought-out and appropriate) gifts for friends and loved-ones. Amount remaining: $2,300,000.
11. Set up scholarship funds (invested to accrue interest) for my nephew (age three) and niece (due in January). Amount remaining: $2,000,000.
12. Create a retirement fund (invested to accrue interest) that will support my lifestyle, activities, needs, and creative endeavors in my "golden years." Amount remaining: $1,000,000.
13. Create a "slush" fund for rainy day play (invested to accrue interest) - anonymous donations and gifts to deserving individuals, organizations, and causes, and big-ticket items for friends and loved-ones when they cannot afford the costs (such as auto replacements, down-payments for houses, etc). Amount remaining: $0.
Thank you, kind Genuine, for the most generous gift . . . and the (Mitty-esque) opportunity to do something good to help others, too.
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Susan Reno-Gilliland, known as "Miss Kitty," an Irish lass, a true Southern Belle; a writer, photographer, animal-lover, dreamer, stargazer, totally tangled (or is that entangled?) in relationships, slightly obsessive iNFp with stories to tell! . . . (fascinated by forensics, human behavior, pushing all the right buttons of men I find interesting, and seeking utterly-sweet revenge without any repercussions.) I am a Friday's Child. Friday's Child is loving & giving. View my complete profile Find out even more