PinkFloyd40 Posted November 10 Report Share Posted November 10 Originally posted by momadance Sure, even a lot less than that, I ment most buildings are at least $1M. Just pointing out how rediculous that is.Peace well, you couldnt' buy alot of high priced property flat out.. but you could if you can inject $1million of your own money into a deal, you can leverage it against a lot debt.. take this example.. some businessman, forget the name of the top of my head but he's an idiot anyway, put up $100k of his own money and arranged for the issuance of billions in junk bonds.. his ultimate goal being to take out GM.. and as he claimed, eventually much of the other giants conglomerates out there as well.. KKR bought completed the largest LBO of Nabisco(then a $24.9 billion corporation) in history w/ only a $15 million initial investment of their own equity..so if your extremely business savvy, and have a big set of cajones, then you could do a *lot* w/ $1 mil.. but no your right, the average person can and will not.. Quote Link to comment Share on other sites More sharing options...
vodkaredbull Posted November 10 Report Share Posted November 10 Hell I would open a Sick Club on the middle of Long island that would Put the others the shame. Then I would by a Hummer:idea: Quote Link to comment Share on other sites More sharing options...
rustednutts Posted November 10 Report Share Posted November 10 $1 bill = 6 inches long in length$10 million = 60 million inches60 million inches = 5 million feet1 roll of toilet paper = 300 sq ft.5 million ft/300 ft = 16,666.67 rolls of toilet paperdon't know about you, but i'm set for life with my bathroom tissues. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.