Wednesday, April 28, 2010

Riches Abound

First of all, I just want to say that this snow is ridiculous. Okay, now that I've ranted to you, on with more important issues. I assume that many of you may have noticed the five-year, $125,000,000 contract that Ryan Howard signed a few days ago to remain with the best team in baseball. I was thinking about the amplitude of this amount of money. What would you do with $25,000,000 a year? Personally, I have no idea they anything of that amount, and I would have to decide what to do with it for five consecutive years. I think I would definitely keep enough to pay off the house, car, or any other debt I would have outstanding. Then I think I would put some of that in the bank for future retirement purposes. I think I would end up donating a lot of it to various charities simply because it is a nice thing to do and there comes a point where more money does not change your life. If it doesn't change your lifestyle, there is really no reason to keep the money. Money in the bank that isn't doing anything except for generating more interest for me would seem to be kind of useless. I always used to say that I would want to buy a Hummer if I ever became rich, but that will probably be impossible by the time I am able to afford one since the brand has folded. So, I'm not sure what type of car I will buy now, but I'm not Ryan Howard so this problem isn't mine yet.

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