Never understood why people that come into a load of money buy these multi million dollar houses. I'd rather have a decent house, secluded with property, and lots of fun toys....rather than a mansion with 20 bedrooms that will never be used and would be a bitch to upkeep.
Give me $10 million, I spend $2 million on a 60' live-aboard catamaran in the Caribbean. $8 million invested in AAA Tax free muni bonds at 4% and I'm living on almost $1000/day tax free.
Never understood why people that come into a load of money buy these multi million dollar houses. I'd rather have a decent house, secluded with property, and lots of fun toys....rather than a mansion with 20 bedrooms that will never be used and would be a bitch to upkeep.
Give me $10 million, I spend $2 million on a 60' live-aboard catamaran in the Caribbean. $8 million invested in AAA Tax free muni bonds at 4% and I'm living on almost $1000/day tax free.
How the hell do you spend $1000/day?
Always like your responses, will have to look into this. Even though I dont have millions.
He's right. With enough money invested safely you can live really easy.
Then someone crashes the economy and your income isn't what it was.