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Old 01-10-2010, 02:47 PM   #251
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Re: If you had 1M dollars to live off forever could it be done and how?

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Oh I don't think you can learn a language that way but it just shows the folly of the reasoning because even if it was effective it would still cost more than someone could afford.
Yeah, and your linguistic choices are limited to ~20 languages. That was my point. Its just such a naive way to view language learning, not to mention ignores the fact that you can't learn as effectively or likely, at all, without more money.

ETA: You can get an idea of the complications in learning a language just with basic pronunciation by reading some of the wiki articles on linguistics. (http://en.wikipedia.org/wiki/Alveolar_consonant) You could possibly learn to sound out the letters and foreign sounds through a laborious combination of internet radio with trial and error. But the amount of time that would take versus learning conventionally would be exponential. In addition a lack of correct pronunciation in many languages render muddled speech.

loliver also doesn't understand that some major languages don't use letters like us Engrish folks do. GLHF with a chinese newspaper and dictionary.

Last edited by Thremp; 01-10-2010 at 03:00 PM. Reason: To expand
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Old 01-10-2010, 02:57 PM   #252
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Re: If you had 1M dollars to live off forever could it be done and how?

What are we learning a language for anyway? So we can speak it when we manage to afford a holiday once every five years?

Also it's a pretty limited subset of people are going to be happy spending any significant part of their free 100hrs/week learning a language... by themselves... through horribly suboptimal learning methods... for the rest of their life. Completely terrible suggestion.

Other ideas for free hobbies?
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Old 01-10-2010, 03:02 PM   #253
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Re: If you had 1M dollars to live off forever could it be done and how?

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This is an extremely naive view of how to learn a language. I doubt you'd be comprehensible if you mastered your approach. Could you tell me where you'd go to find an extensive list of foreign language newspapers, or how you'd locate radio and/or learn to spell the words you don't understand?
I know Spanish, French, German, and Italian. I learned French in high school, German on Rosetta Stone, and Spanish and Italian through the method I have suggested. I have been to France, Quebec, Spain, Berlin, and Rome and was understood by natives, so I'd say it's an all right method.

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What are we learning a language for anyway? So we can speak it when we manage to afford a holiday once every five years?
Personally I enjoy learning languages for the hell of it.

You don't HAVE to learn a language. There was a whole ****ing list. Pick the ones you enjoy, jesus christ people.
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Old 01-10-2010, 03:03 PM   #254
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Re: If you had 1M dollars to live off forever could it be done and how?

Even if I find a mutual exchange where I work on a language for 30m in exchange for tutoring someone for 30m. Taking the bus to do this burns up 30% of my daily entertainment budget. Perhaps I can just walk 50 blocks in lieu of taking the bus, this would serve the dual purpose of exercise and learning a language.
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Old 01-10-2010, 03:03 PM   #255
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Re: If you had 1M dollars to live off forever could it be done and how?

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Obviously it varies by municipality but the public library system here is a joke. Unless you are ok with reading stuff years after everyone else you need to buy books.
Yes, that does matter. The public library system in Seattle/the surrounding area is excellent.

Curious, but what area are you from, Henry?
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Old 01-10-2010, 03:06 PM   #256
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Re: If you had 1M dollars to live off forever could it be done and how?

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I know Spanish, French, German, and Italian. I learned French in high school, German on Rosetta Stone, and Spanish and Italian through the method I have suggested. I have been to France, Quebec, Spain, Berlin, and Rome and was understood by natives, so I'd say it's an all right method.
So you learned a bunch of extremely simple languages in the same linguistic group that use the same alphabet... Wow.

And you used your method after having mastered (allegedly) three other languages in that group before. Wow.

PS: I've been to all of those places. I spoke to English to everyone sans a few people. One was a lady operating a subway booth in Montreal. I kept saying 2 while holding up three fingers. It was awesome.
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Old 01-10-2010, 03:29 PM   #257
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Re: If you had 1M dollars to live off forever could it be done and how?

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So you learned a bunch of extremely simple languages in the same linguistic group that use the same alphabet... Wow.

And you used your method after having mastered (allegedly) three other languages in that group before. Wow.

PS: I've been to all of those places. I spoke to English to everyone sans a few people. One was a lady operating a subway booth in Montreal. I kept saying 2 while holding up three fingers. It was awesome.
Then do something else. You don't have to learn a language.
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Old 01-10-2010, 03:30 PM   #258
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Re: If you had 1M dollars to live off forever could it be done and how?

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Even if I find a mutual exchange where I work on a language for 30m in exchange for tutoring someone for 30m. Taking the bus to do this burns up 30% of my daily entertainment budget. Perhaps I can just walk 50 blocks in lieu of taking the bus, this would serve the dual purpose of exercise and learning a language.
Yes. walk.
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Old 01-10-2010, 03:38 PM   #259
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Re: If you had 1M dollars to live off forever could it be done and how?

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Then do something else. You don't have to learn a language.
Okay. I just want to be clear that you're admitting that you don't have the money to learn a language. Not that its possible or anything.

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Yes. walk.
I plan to swim when I go to Hawaii as well next year. Gonna save beaucoup monies. Just need to save a few months entertainment budget to afford a raft to bring the wife and kids.
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Old 01-10-2010, 03:43 PM   #260
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Re: If you had 1M dollars to live off forever could it be done and how?

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The only way this would work here with what some people are argueing is if your a stoner who's dream is to sit home all day playing video games, has no interest in women and just wants to have his buddies over to smoke and play video games. I'm not even sure you could budget enough for weed though with this.
To me the larger point though is what is the point of being a millionaire on a shoe string budget? I'm quite frugal and even I would not consider that actual financial freedom.
"hey baby, yea I'm a millionaire but no we can't go to Applebee's tonight...that exeeds my daily entertainment budget."
I know you want to be super wealthy from trading ES and do whatever you want but you missed the OP question. It wasn't about what would be so great about being a millionaire and having lots of spending money it was "is it possibly feasible." How much fun it would be is up for debate.

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Lets say you have you have no other assets but are just given 1 million dollars to get through life on. The only other money you can make is off investments of that million. Is this doable if you had to start at age 25?
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I would not consider that actual financial freedom.
The question wasn't what sum of money would give you full financial freedom and give you so much action you would have pussy coming out of your pockets. It was is it possible to live off.

Last edited by Jupiter0; 01-10-2010 at 04:03 PM.
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Old 01-10-2010, 03:53 PM   #261
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Re: If you had 1M dollars to live off forever could it be done and how?

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Okay. I just want to be clear that you're admitting that you don't have the money to learn a language. Not that its possible or anything.
um, no? just because european languages are "easy" doesn't mean they're not languages, and I've learned them, so obviously it doesn't take much money to learn a language.

and when did this become about my finances?

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I plan to swim when I go to Hawaii as well next year. Gonna save beaucoup monies. Just need to save a few months entertainment budget to afford a raft to bring the wife and kids.
now you're just trying to be an *******.

Last edited by oliver09; 01-10-2010 at 04:01 PM.
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Old 01-10-2010, 03:54 PM   #262
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Re: If you had 1M dollars to live off forever could it be done and how?

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Immaterial. Any swongs create an unacceptable ROR.
Nah, $1m gives plenty of cushion to benefit from the edge before you run into any ROR issues.
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Old 01-10-2010, 04:04 PM   #263
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Re: If you had 1M dollars to live off forever could it be done and how?

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um, no? just because european languages are "easy" doesn't mean they're not languages, and I've learned them, so obviously it doesn't take much money to learn a language.
You're trying to use your anecdotal proof to learn the easiest possible languages given your circumstances. Its quite asinine.

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Nah, $1m gives plenty of cushion to benefit from the edge before you run into any ROR issues.
I can't tell if you're being sarcastic or not, but lol either way.
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Old 01-10-2010, 04:15 PM   #264
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Re: If you had 1M dollars to live off forever could it be done and how?

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You're trying to use your anecdotal proof to learn the easiest possible languages given your circumstances. Its quite asinine.
and what exactly do you believe my circumstances to be, since you've brought it up?
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Old 01-10-2010, 04:40 PM   #265
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Re: If you had 1M dollars to live off forever could it be done and how?

threads officially derailed. time to close.
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Old 01-10-2010, 05:55 PM   #266
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Re: If you had 1M dollars to live off forever could it be done and how?

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The question wasn't what sum of money would give you full financial freedom and give you so much action you would have pussy coming out of your pockets. It was is it possible to live off.
As Thremp already posted it is possible to live off $0. I have a friend who actually does and he does very well for himself. Between girls buying him stuff and him just dinning and dashing he actually lives a rather grand life. Based on the posting I'm certain he lives a much more "baller" life than a lot of people in this topic and he does it on $0.

No one is saying you can't sustain yourself on $30k a year. I think if the goal is just substance you can do it for even less. The question was can you live comfortably. I think part of comfortably requires that you not have to be watching every single cent you spend. If you need to pack your own water or coffee because spending the $1.25 is going to blow the budget then you can't classify that as comfortable.
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Old 01-10-2010, 05:59 PM   #267
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Re: If you had 1M dollars to live off forever could it be done and how?

You're just a wanton consumer IMO. Imagine having the gall to want to learn a language without being forced to walk 50+ blocks.
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Old 01-10-2010, 06:12 PM   #268
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Re: If you had 1M dollars to live off forever could it be done and how?

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This is an extremely naive view of how to learn a language.
Agreed. That said, you can usually arrange some sort of tutoring for free services on Craigslist. You teach them English, they teach you XYZ. Buy some basic textbooks and go from there. Random native speakers aren't necessarily great teachers, but you can get pretty good feedback while you learn via the book and good help with pronunciation, etc, that way. I'd say $50 for 6-12mo of daily usage is effectively "free" as far as the textbook goes. Not sure why we're buying $6 newspapers instead of a $0.50/day textbook... Most can be bought used for less.

Not sure if I mentioned this yet, but you can backpack a lot of places for under $30/day (under $90 is pretty much everywhere outside London). 20-somethings like to do that. You'd end up compounding the majority of your returns during that period also if you go the cheap route. Do it for a decade and you've got a $200K house from the compounding. Makes budgeting all the easier down the road. Definitely something to do with your time, too.

If we can keep the thread focused on budgeting and value buying fundamentals, etc, the thread could still be quite useful.
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Old 01-10-2010, 06:18 PM   #269
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Re: If you had 1M dollars to live off forever could it be done and how?

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I think part of comfortably requires that you not have to be watching every single cent you spend. If you need to pack your own water or coffee because spending the $1.25 is going to blow the budget then you can't classify that as comfortable.
I thought we agreed though, that you could live a lifestyle where you don't have to pinch pennies and watch everything you spend (and you can certainly buy some coffee or water) on $30K - $40K a year. Move to Austin, Dallas, Houston, Chicago, Atlanta, Portland, Seattle, Denver, Orlando, or a whole host of other large cities. Rent an apartment downtown that will be $1000 (including cable, internet, and utilities). Don't own a car. Allow $500 for food and $500 for miscellaneous. This leaves $1000 every month for entertainment.

This is hardly a lifestyle where one can't spend money on random bottles of water, cups of coffee, or power bars. It's hardly a lifestyle where one can't enjoy themselves with friends. It's hardly a lifestyle where one can't meet women, date, and have sex. It's also obviously not a lifestyle of extravagance, and I would much rather live like you Henry. Dropping a few hundred dollars one night at a comedy club and nice dinner. Owning a vacation home in Europe. Going out with friends whenever you feel like it, buying them drinks, and what not. That's why I'm trying to get an education, get a job, and work my ass off to try and earn myself a high income. I'm just saying, living off $30K - $40K a year is hardly a "tough life" and still affords the ability to go out, have an active social life, date, and make random purchases like coffee, water, chips, etc.
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Old 01-10-2010, 06:24 PM   #270
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Re: If you had 1M dollars to live off forever could it be done and how?

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You're just a wanton consumer IMO. Imagine having the gall to want to learn a language without being forced to walk 50+ blocks.
YOURE the one who brought up that scenario, not me. My method includes no walking, just sitting on your ass.
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Old 01-10-2010, 06:25 PM   #271
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Re: If you had 1M dollars to live off forever could it be done and how?

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Not sure why we're buying $6 newspapers instead of a $0.50/day textbook...
You only buy one newspaper and learn every word in it...so it would be $6/n where n=number of months it takes you to figure everything out.
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Old 01-10-2010, 06:25 PM   #272
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Re: If you had 1M dollars to live off forever could it be done and how?

DDNK,

I made that comment about traveling to meet someone for tutoring. Could you explain where sans SE asia you can backpack for under $30 a day? I've spent many moons backpacking and your budget is lol.
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Old 01-10-2010, 06:53 PM   #273
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Re: If you had 1M dollars to live off forever could it be done and how?

In the next year or two the extend and pretend commercial loans will face foreclosure. Good income properties may be available for 10% cap rates on existing income. You may be able to get a $1 million loan so you can buy a $2 million property. Lets say its a small strip center with 10 units and 5 are vacant. You buy on existing cash flow so initially you have $135,000 per year income (10% on your million and 3.5% on the spread of your loan). If you can lease up the other spaces over time as the economy improves and rents rise with inflation it is not inconcievable that income could double over a 5 year period. If you pull that off I would say you could live a nice life off $1million.
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Old 01-10-2010, 07:14 PM   #274
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Re: If you had 1M dollars to live off forever could it be done and how?

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In the next year or two the extend and pretend commercial loans will face foreclosure. Good income properties may be available for 10% cap rates on existing income. You may be able to get a $1 million loan so you can buy a $2 million property. Lets say its a small strip center with 10 units and 5 are vacant. You buy on existing cash flow so initially you have $135,000 per year income (10% on your million and 3.5% on the spread of your loan). If you can lease up the other spaces over time as the economy improves and rents rise with inflation it is not inconcievable that income could double over a 5 year period. If you pull that off I would say you could live a nice life off $1million.
Sick hypothetical, in about 43 years trees will evolve to the point where they start growing hundred dollar bills as leaves so that people will always water them over their evolutionarily less sophisticated counterparts so you'll be infinitely rich.
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Old 01-11-2010, 12:05 AM   #275
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Re: If you had 1M dollars to live off forever could it be done and how?

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DDNK,

I made that comment about traveling to meet someone for tutoring. Could you explain where sans SE asia you can backpack for under $30 a day? I've spent many moons backpacking and your budget is lol.
Was talking primarily about SE/S Asia there. I would imagine Africa to be similarly cheap, but who wants to backpack through the Congo?

Although, going through organizations like WWOOF you could "backpack" for similar amounts in more developed countries, I'd imagine. Not sure if that breaks the "no work" rule since you're not really getting paid normally, just free housing and food

Would we consider working for food/housing but not pay acceptable here?
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Old 01-11-2010, 12:44 AM   #276
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Re: If you had 1M dollars to live off forever could it be done and how?

Doesn't matter. If it works for your example, its fine. Someone above considered fixing cars as a "+EV hobby". Sounds like a jube to me. But whatever.

But even in Eastern Europe. If you budget $5 a day for travel, $7 for food, and $15 to sleep. HYACHAHCHAHCHAHCAHCHA. When you can pay for sleep for $1 and then food for $3 for extravagant eating by backpacking standards... it doesn't really matter what else happens.
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Old 01-11-2010, 01:39 AM   #277
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Re: If you had 1M dollars to live off forever could it be done and how?

How do you pay $1 for sleep? Curious... planning a S/SE Asia backpacking trip soon (haven't started digging into details yet). I understand $3/food but was under the impression sleep was a good bit more even in a place like Thailand.
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Old 01-11-2010, 03:01 AM   #278
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Re: If you had 1M dollars to live off forever could it be done and how?

I personally have no clue. I've heard its that cost for some places in Vietnam. No clue though. I would imagine Thailand to be likely the most expensive country in the area.
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Old 01-11-2010, 03:07 AM   #279
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Re: If you had 1M dollars to live off forever could it be done and how?

bali is probably the cheapest.
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Old 01-11-2010, 07:10 AM   #280
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Re: If you had 1M dollars to live off forever could it be done and how?

i dont have anything major to add,

but market volatility is easily avoided by buying residential real estate, since the rental rates will basically rise and fall with your cost of living.



i think living off the 1m can easily be done, and it wouldnt be nearly as terrible as some poeple seem to think it would be.

there are tons of cheap hobbys.
one that stands out is the internet. countless communities where people get around to talk about whatever the **** they want to. even henry - the guy who supposedly has the dream, stress free, balling life spends a significant portion of his day browsing this forum. there must be something to it.



Quote:
I think someone with a job can live on $30k. It is the lack of a job that causes the problem. I don't work. I haven't worked or gone to school for ten years so I have a good idea of how much time we are talking about. Having a job not only fills up a lot of time it also fulfills the need to socialize as you interact with co-workers. Being at home alone unless you are some extreme form of introvert is going to be unbearable but the second you leave the house you are burning money and at $10 a day you are not getting far.

i think there are a lot more things to do than you think.
im starting to get into playing squash at the recommendation of a friend who, for a stretch of time, played almost every day.
just at a local club with a low monthly cost, and the equipment is dirt cheap... and he has something that fills a lot of hours.

i can easily see some friends just playing music their whole life, learning to play songs, writing music, etc.

other people organize advocacy groups for whatever their issue de jour happens to be. or volunteer to feed the homeless. or whatever.

i have family members who live in a rural town because he like to go fishing/hunting all the time. minimal expense.

i have friends that spend ridiculous amounts of time watching tv series. they follow like a dozen different series, and have a regular schedule of what to watch and they try to never miss an episode. personally i cant stand watching that much tv, but i've gotta imagine there are plenty of people who wouldnt mind it.

and, as someone without a 'real' job - i can say that i fill a lot of my time sleeping.
anything less than 10 hours just feels wrong.

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Old 01-11-2010, 08:35 AM   #281
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Re: If you had 1M dollars to live off forever could it be done and how?

16$/month for the WoW Card, 200$/month on Doritos and Cheetos and 700$ every year or so for hardware. If you are hardcore you could play WC3 or CS and save the 16$/month.
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Old 01-11-2010, 12:13 PM   #282
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Re: If you had 1M dollars to live off forever could it be done and how?

Hunting/fishing = minimal expense = someone who never goes hunting/fishing
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Old 01-11-2010, 01:50 PM   #283
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Re: If you had 1M dollars to live off forever could it be done and how?

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Hunting/fishing = minimal expense = someone who never goes hunting/fishing
Like everything, there is an expensive of way of doing it and cheap way of doing it. Also, each additional dollar you spend gives you less "bang for your buck" than the previous.
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Old 01-11-2010, 02:05 PM   #284
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Re: If you had 1M dollars to live off forever could it be done and how?

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16$/month for the WoW Card, 200$/month on Doritos and Cheetos and 700$ every year or so for hardware. If you are hardcore you could play WC3 or CS and save the 16$/month.
You left out $12.99 for antifreeze so you can kill yourself.
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Old 01-11-2010, 02:05 PM   #285
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Re: If you had 1M dollars to live off forever could it be done and how?

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Hunting/fishing = minimal expense = someone who never goes hunting/fishing
Those are the two most over-gadgeted, "variety indulged" hobbies on earth.

A rifle/shotgun/bow, some ammo, whatever the license costs are and meat processing if you're incapable of doing your own. Not "cheap", but work-in-able in this scenario presuming one doesn't buy every flaming bag of sht "gadget" that comes floating down the pike. When I hunted, my total costs season to season amounted to sighting in, about 20 rounds every month to keep sharp, licenses and that's it- period. No new cammies every year, no new rifle and scope every year, none of that extravagant BS that's come to be accepted as standard in that game. 'Who can buy more/newer hunting related crap' basically amounts to a swinging dick contest for around the campfire, which one isn't obligated to play.

As far as a functional used boat, fuel and associated costs for fishing; again, not "cheap", but do-able here presuming someone was passionate about fishing and was willing to allocate a meaningful portion of their entertainment budget to it (as a lot of fishing guys not only would do in this spot, but do do with less money in non-theoretical real life)
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Old 01-11-2010, 02:06 PM   #286
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Re: If you had 1M dollars to live off forever could it be done and how?

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Like everything, there is an expensive of way of doing it and cheap way of doing it. Also, each additional dollar you spend gives you less "bang for your buck" than the previous.
You mean that $200 fishing pole, in practical terms, is just as good as $50 one?

NO WAY
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Old 01-11-2010, 02:15 PM   #287
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Re: If you had 1M dollars to live off forever could it be done and how?

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You mean that $200 fishing pole, in practical terms, is just as good as $50 one?

NO WAY
Most of the time, YES ABSOLUTELY. The difference in quality is often perceived due to price (if I spend more it must be better, right?), than actually quality and/or practicality. But even if you splurge and get a $200 pole -- as long as you aren't buying one each and every year the annual cost of that pole is very small. People tricking themselves into thinking spending more makes them better. This usually isn't the case.

I can't remember what I spent on my main rod, but I have a nice rod and reel that I bought for less ~ $100 (purchased rod and reel each separately). This has worked great for me for >15 years and I have no desire to replace. Also, I have never once wished I had another rod/reel as it has worked flawlessly for me every time I've used it.

EDIT: O/T but do you fish the madison chain much?

Last edited by Shoe; 01-11-2010 at 02:22 PM.
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Old 01-11-2010, 02:20 PM   #288
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Re: If you had 1M dollars to live off forever could it be done and how?

I don't fish or hunt and my idea of being in the wilderness is my friend's cottage which has pretty much every comfort you can imagine but isn't one of the requirements for fishing a case of beer?

Also just the gas to get to the lake / wilderness would blow the budget unless you were already living in a rural setting.
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Old 01-11-2010, 03:24 PM   #289
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Re: If you had 1M dollars to live off forever could it be done and how?

A gun and a permit and bullets would blow up budget for many moons. Okay like 2-3. But you would save a ton on food costs. If I could get someone to kill me a deer, I'd shell out the 150-200 for processing and blow that **** up.
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Old 01-11-2010, 03:29 PM   #290
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Re: If you had 1M dollars to live off forever could it be done and how?

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EDIT: O/T but do you fish the madison chain much?
Nah. I'm not much of a fisherman. Don't know if I'd have the patience for it. All the folks I do know that do fish, don't do it around Madison much at all either.
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Old 01-11-2010, 04:14 PM   #291
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Re: If you had 1M dollars to live off forever could it be done and how?

Problem is that the most people that have a million want show that they have the million. In germany outside of the large citys " munich " etc.. you could easy live from a million a "normal live". If you want show your neighbour...eyyyy i have money... you have no chance .

I think a live with no work is maybee not interesting you need something to spend your time..i guess for me it would be Sport.... maybee learn something about cars and buying, repair sell a few nice old cars for fun and a bit investing real estate, stock market.

The difference is i can do it if i WANT do something and not if i MUST do something.

A million sure helps to have a juicy live, but it dont guarantee a juicy live.
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Old 01-11-2010, 05:34 PM   #292
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Re: If you had 1M dollars to live off forever could it be done and how?

Having the 1 Mil is about not having to work, or toil, to survive. But a person would still be engaged in some sort of endeavor. Walk the neighbourhood dogs while getting your exercise for a few months. Run the lift at a ski hill for the winter. You grow tired of the politics or general asshattery at one place, move on. You would still earn some money and fill your days.
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Old 01-11-2010, 05:40 PM   #293
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Re: If you had 1M dollars to live off forever could it be done and how?

Hunting/Fishing are expensive hobbies, I don't think our example could support them. Licensing/Equipment/Travel Costs/Lodging would blow up our budget

I mean if we're just going to the pond in our backyard to take a nap and try and get a few bites, that would fit our budget...but any kind of outing requiring travel would be too much
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Old 01-11-2010, 05:51 PM   #294
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Re: If you had 1M dollars to live off forever could it be done and how?

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Having the 1 Mil is about not having to work, or toil, to survive. But a person would still be engaged in some sort of endeavor. Walk the neighbourhood dogs while getting your exercise for a few months. Run the lift at a ski hill for the winter. You grow tired of the politics or general asshattery at one place, move on. You would still earn some money and fill your days.
This reminds me of the kid next door in American Beauty.
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Old 01-11-2010, 07:44 PM   #295
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Re: If you had 1M dollars to live off forever could it be done and how?

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Hunting/fishing = minimal expense = someone who never goes hunting/fishing
it can easily be done affordably, but even if you insist that it can't - every other thing that i listed is cheap as **** and something that a lot of people spend a lot of time doing with or without money.
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Old 01-11-2010, 07:51 PM   #296
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Re: If you had 1M dollars to live off forever could it be done and how?

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it can easily be done affordably, but even if you insist that it can't - every other thing that i listed is cheap as **** and something that a lot of people spend a lot of time doing with or without money.
Throw up some numbers folks.
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Old 01-11-2010, 07:59 PM   #297
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Re: If you had 1M dollars to live off forever could it be done and how?

Not to judge but most of the stuff that was listed was stuff that a typical 25 year old male would not be interested in.
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Old 01-11-2010, 10:38 PM   #298
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Re: If you had 1M dollars to live off forever could it be done and how?

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Could you explain where sans SE asia you can backpack for under $30 a day? I've spent many moons backpacking and your budget is lol.
before i started playing poker i backpacked around for 10months. my budget was usually $25/day. standard day in thailand:
room 600baht, 3person in it = 200baht = $5 each
food 3x100baht/day = $7/day
alcohol 2buckets = 250baht = $6 4-5times a week.
laundry $1 every week.

(the dollar was worth a little more those days)

most days where spend in the hammock reading secondhand books or sipping banana milkshakes while watching simpsons or screeners of new movies on triangular pillows at resturants.

met some hardcore backpackers who lived on $7/day on average during their 4year trip.

there are tons of tourists living on >$30/day. but yes, it's ev- to do as a professional poker player.
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Old 01-11-2010, 10:45 PM   #299
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Re: If you had 1M dollars to live off forever could it be done and how?

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Originally Posted by roblin View Post
before i started playing poker i backpacked around for 10months. my budget was usually $25/day. standard day in thailand:
room 600baht, 3person in it = 200baht = $5 each
food 3x100baht/day = $7/day
alcohol 2buckets = 250baht = $6 4-5times a week.
laundry $1 every week.

(the dollar was worth a little more those days)

most days where spend in the hammock reading secondhand books or sipping banana milkshakes while watching simpsons or screeners of new movies on triangular pillows at resturants.

met some hardcore backpackers who lived on $7/day on average during their 4year trip.

there are tons of tourists living on >$30/day. but yes, it's ev- to do as a professional poker player.
You're seriously illiterate.
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Old 01-12-2010, 03:20 AM   #300
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Re: If you had 1M dollars to live off forever could it be done and how?

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but yes, it's ev- to do as a professional poker player.
-EV to do as a player? Was planning on a playing a bit here and there to extend the trip. Whyso iyo?

I was going to let this drop, buuuut... I looked up prices and was getting dorms in Thailand/Laos for $3/night with the current exchange rates. I figure $10/day would be a bit austere but pleasant (not a drinker). I'll have to ask a couple friends about this who just got back from SE Asia... Probably shouldn't derail this thread anymore with it
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