February 22, 2012

What would you do with $100,000

A friend asked me an interesting question the other day. He said, “if you had $100,000 to spend on whatever you want, but it had to be on something for you (not including bills), what would you buy?” In general I don’t buy much for myself anymore – most of my money goes on savings and various bills – so it’s an interesting question. Here’s a quick rundown of the top three things I’d like to do/buy if money wasn’t an issue.

  1. A new watch
    I’d love to get a high quality watch – preferably a vintage one if I could afford it. A nice antique Breguet watch would do me perfectly. There are loads of watches that I like, but for something that stands out I don’t think you can beat a vintage watch.
  2. Trip around the world
    I’ve been lucky enough to do some travelling before, but there’s still so much that I haven’t seen or done. I’d love to spend a few weeks surfing off an Australian beach, visit Thailand and do all the other things that teenagers seem to do on their gap years – although in more comfort with a large sum of money in the bank!
  3. New computer
    I think most of my money would have been used up on a new watch and a trip around the world, so for the final object I’d probably spend a few thousand on a new computer. I use computers all the time so it’s something I’d get a lot of use out of, although it wouldn’t provide the long term value or memories as the other two.

Now I’ve given my three things, what would you do if you had that amount of money to spare? What’s amazing to think is that people with lots of money wouldn’t consider $100,000 spare cash very much – it must be an interesting life to say the least!