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DirtyPriest
from Copenhagen (Denmark) on 2008-04-14 18:51 [#02194309]
Points: 5499 Status: Lurker
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Not in a esoteric kind of way. Some lucky circumstances made me very wealthy a couple of months ago. I've bought a lot of music equipment, a new appartment, computer, furniture, clothes etc. etc. I basically have everything i need now. I've been keeping it kind of a secret to my friends kind of (at least how much it actually is).
Now, your job is to either be jealous, or give me some sound advice for how to spend the money.
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glasse
from Harrisburg (United States) on 2008-04-14 18:53 [#02194310]
Points: 4211 Status: Regular | Show recordbag
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how about a dollar shaped swimming pool
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hedphukkerr
from mathbotton (United States) on 2008-04-14 18:53 [#02194311]
Points: 8833 Status: Regular
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buy property then rent it out! instantaneous, continuous income.
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DirtyPriest
from Copenhagen (Denmark) on 2008-04-14 18:56 [#02194312]
Points: 5499 Status: Lurker | Followup to hedphukkerr: #02194311
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The appartment i've bought is sort of an investment, because it's in this area in Copenhagen that's evolving right now. A swimming pool can't be done. It's still just an appartment in the city!
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elusive
from detroit (United States) on 2008-04-14 18:57 [#02194313]
Points: 18368 Status: Lurker | Show recordbag
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education
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DirtyPriest
from Copenhagen (Denmark) on 2008-04-14 18:59 [#02194314]
Points: 5499 Status: Lurker | Followup to elusive: #02194313
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Doing that right now. It's free were i come from!
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elusive
from detroit (United States) on 2008-04-14 19:00 [#02194315]
Points: 18368 Status: Lurker | Show recordbag
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for your living room
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rad smiles
on 2008-04-14 19:02 [#02194316]
Points: 5608 Status: Lurker
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donate a bunch to charity
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elusive
from detroit (United States) on 2008-04-14 19:05 [#02194317]
Points: 18368 Status: Lurker | Show recordbag
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the glotch-ae-soundboard fund
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DirtyPriest
from Copenhagen (Denmark) on 2008-04-14 19:06 [#02194318]
Points: 5499 Status: Lurker | Followup to rad smiles: #02194316
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I actually did that as well. I never thought i've been the person to do that sort of thing, but i actually did. I did it in microloans, because i felt that was something that kind of worked.
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swift_jams
from big sky on 2008-04-14 19:17 [#02194319]
Points: 7577 Status: Lurker
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Stocks, preferably foreign ones (Asian ones seem to be doing well last I checked, not to be stereotypical or anything.)
And put at least half into savings.
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DirtyPriest
from Copenhagen (Denmark) on 2008-04-14 19:20 [#02194320]
Points: 5499 Status: Lurker | Followup to swift_jams: #02194319
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Yeah, i've been checking out these investment type of firms, and a lot of them are focusing on the asian market. It's not enough money for me to not work the rest of my life - at all. But it's a nice sum.
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swift_jams
from big sky on 2008-04-14 19:35 [#02194321]
Points: 7577 Status: Lurker
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Well, like I said, at least half of it should be focused on a good investment of sorts. Savings accounts, stocks, etc. The rest, you can have fun with. But always make sure you have a sustainable cushion fund, to fall back in in case anything comes up.
And as soon as you dip into that, get it back up to what it was, ASAP.
Also, always paying in cash helps.
Cut any un-necessary expenses.
I read a book about this, about money, my parents read it too, and since they've read it, they have gotten out of terrible debt and have a lot saved up, enough to buy a nice brand new car if they wanted. It only took them about 4 months.
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DirtyPriest
from Copenhagen (Denmark) on 2008-04-14 19:37 [#02194322]
Points: 5499 Status: Lurker | Followup to swift_jams: #02194319
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BTW, you made a version of a song that is most probably coming out this fall on a self released CD this fall... And maybe a full lenght release next spring!
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oyvinto
on 2008-04-14 19:38 [#02194323]
Points: 8197 Status: Lurker | Followup to DirtyPriest: #02194309 | Show recordbag
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nice. how much moneys and how?
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swift_jams
from big sky on 2008-04-14 19:39 [#02194324]
Points: 7577 Status: Lurker | Followup to DirtyPriest: #02194322
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Haha it needed to be remastered so bad. I just read another book about recording, mixing, and mastering, the way it should be done.
I wish I had read this years ago. now that I dont have a computer with sound it pisses me off.
But thats cool! you'll have to keep me updated on that.
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Sano
on 2008-04-14 19:46 [#02194325]
Points: 2502 Status: Lurker
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Make a world journey and meat all your XLTRONIC friends personally in the ass.
Dunno what you like, I only listen to detroit techno, electro and italo and some 70's new-age, so I'm limited in music recommendations.
Audio wise you could always spend some monies on synths and drum machines and make all the fanbois jealous.
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DirtyPriest
from Copenhagen (Denmark) on 2008-04-14 19:46 [#02194326]
Points: 5499 Status: Lurker | Followup to oyvinto: #02194323
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Ok, well it's pure luck. I bought this appartment in Copenhagen 2 years ago. While i was living there, somebody figured out, that the appartments in this particular area had missed out on some funding that the city of Copenhagen had been giving out to appartments that needed it. So this appartment became like, worth many times the worth i payed for it originally. I moved into another appartment (that i incedently like better) and made something like 70.000 dollars (that i got on my bank account, after the other appartment was bought, mind you, pure profit). To make it all even more hilarious, the rent is much lower in the place i moved in to.
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bogala
from NYC (United States) on 2008-04-14 19:50 [#02194329]
Points: 5125 Status: Regular
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Get a GX-1 and release an album by the title of a welsh body part.
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rad smiles
on 2008-04-14 19:51 [#02194330]
Points: 5608 Status: Lurker
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hey seriously, congrats. that must be great.
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DirtyPriest
from Copenhagen (Denmark) on 2008-04-14 19:52 [#02194331]
Points: 5499 Status: Lurker | Followup to rad smiles: #02194330
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It is. It fucking is!
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bogala
from NYC (United States) on 2008-04-14 19:53 [#02194332]
Points: 5125 Status: Regular
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My grandmother has like 3 million in stocks. They are secure stocks. Like At&T and old companies. Stocks with the state. Low interest but secure. She has had to work in ages. Since I was born basically.
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bogala
from NYC (United States) on 2008-04-14 19:53 [#02194333]
Points: 5125 Status: Regular
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"hasn't had"
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DirtyPriest
from Copenhagen (Denmark) on 2008-04-14 19:56 [#02194336]
Points: 5499 Status: Lurker | Followup to bogala: #02194332
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But you will inherit them, or???
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oyvinto
on 2008-04-14 20:01 [#02194338]
Points: 8197 Status: Lurker | Show recordbag
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sounds like a sweet deal, although i didn't understand what you meant by this funding..?
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tragedy
from Gloucester (United States) on 2008-04-14 20:06 [#02194340]
Points: 4423 Status: Lurker
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give some of it to your local animal shelter. why not if you say you've got everything you need now?
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DirtyPriest
from Copenhagen (Denmark) on 2008-04-14 20:09 [#02194341]
Points: 5499 Status: Lurker | Followup to oyvinto: #02194338
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I dont know the english term for it, but it translates into something in the likes of "reneval of the city". Basically, the city of Copenhagen gives out money to appartments to renew the place, in the area of toilets, kitchens and general stuff. The value of the money the government had given out to my appartment wasn't calculated into the value of the appartment i bought, and after that was added (after i moved in) the value of the appartment was much much higher. The reason the government is giving out this money, is simply to raise the standards of living in Copenhagen to this prefixed minimum.
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DirtyPriest
from Copenhagen (Denmark) on 2008-04-14 20:13 [#02194342]
Points: 5499 Status: Lurker | Followup to tragedy: #02194340
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I like the thought of the idea, but animal cruelty is not high on my list. As i said, if i can give out money to people that actually put it into something with results, i will gladly do it. Animal cruelty is just.... well, it's not like i like it. I despise it... But there are many other issues out there that are more important to me.
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oyvinto
on 2008-04-14 20:16 [#02194344]
Points: 8197 Status: Lurker | Show recordbag
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wow. you have a great goverment. but i know you pay even more taxes then we do.
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freqy
on 2008-04-14 20:22 [#02194345]
Points: 18724 Status: Regular | Show recordbag
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mr.priest remember how great we get on! , how i always compliment your posts and stuff....well, why not repay me for all that trouble .
hahahha freqyx
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freqy
on 2008-04-14 20:28 [#02194348]
Points: 18724 Status: Regular | Show recordbag
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sano what you said was soo rude, that little hitler hamster certainly came out in that post. so funny :P
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DirtyPriest
from Copenhagen (Denmark) on 2008-04-14 20:29 [#02194349]
Points: 5499 Status: Lurker | Followup to oyvinto: #02194344
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40-50% man - :/
But you do get a lot of free stuff with it, that would normally be extremely expensive in a very liberal country, like health care and education.
For examply, my mother got cancer a couple of years back, and got treated for free, and got a lot of perks after the disease. My family would have been ruined, if it hadnt been for this system.
I'm also getting my education in graphic design for nothing right now. My brother is a master in rhetorics (for free). No, that's not actually true... I'm getting paid about 1200 dollars a month by the government to actually participate in taking an education.
So theres pro's and cons... but a relatively unlucky family like mine, benifits from a system like this a lot.
I'm not saying my countrys system is perfect, by far. I'ts just pretty good, according to me.
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DirtyPriest
from Copenhagen (Denmark) on 2008-04-14 20:31 [#02194350]
Points: 5499 Status: Lurker | Followup to freqy: #02194348
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If you come to Denmark i'll buy you a drink. And give you a back rub!
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bogala
from NYC (United States) on 2008-04-14 20:41 [#02194354]
Points: 5125 Status: Regular
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Believe it or not. Taxes in the USA are not much less than 40-50%. For the average Joe. If you are ultra rich you can get away with paying much less through loop holes. Europe just seems to spend more wisely and is also more accountable. You seem to get shit with your taxes. We get a library card. Paved roads and wars in far off lands.
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bogala
from NYC (United States) on 2008-04-14 20:42 [#02194355]
Points: 5125 Status: Regular
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My grandmother is kind of a bitch. SO we never know if we are getting our inheritance. She hangs it over our head.
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earthleakage
from tell the world you're winning on 2008-04-14 20:42 [#02194356]
Points: 27795 Status: Regular
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im so bored with my life and well im not bill gates but im not in debt. u choose something to do and ill join u.
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gerbik
on 2008-04-14 22:29 [#02194375]
Points: 441 Status: Lurker
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DirtyPriest, a word of advice from a fellow rich person:
mo money = mo problems.
it's true. a whole different set of things to worry about as a result of wealth. watch out, because others WILL try and get a slice... whether it's lawsuits, investments, personal loans, etc. and it's not always easy to see when you are being tapped.
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mimi
on 2008-04-14 22:32 [#02194377]
Points: 5721 Status: Regular | Followup to gerbik: #02194375
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ya especially now that you posted about it on xltronic, i'm pretty much about to come over there to copenhagen and get a piece
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goDel
from ɐpʎǝx (Seychelles) on 2008-04-14 22:43 [#02194381]
Points: 10225 Status: Lurker
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i heard some bad things about the housing market in denmark. something about falling prices. so be a bit weary with your investments. you've got a lot of money, but it's not THAT much. congrats btw.
it was some imf document, so it may have been propaganda to give the impression that the rest of the world will follow now that the us has its problems. who knows.
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earthleakage
from tell the world you're winning on 2008-04-14 22:57 [#02194383]
Points: 27795 Status: Regular
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hey m8, u druggy bastard but u talk a lot of sense
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earthleakage
from tell the world you're winning on 2008-04-14 23:03 [#02194384]
Points: 27795 Status: Regular
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of course. i mean isnt its obvious to anyone here the words are "of course"?
apologies for being middle class thou im not sure thats wot yr getting at, but problems only shift a gear, nothing changes.
any godless spiritual solipsistic events only exasperate imo. it gets worse not better. u have more time? um there is a saying...
its about adjusting and coming to terms with your new life i think. that is if u have suddenly been given a step up.
but gl 2 u my son make the most of it. dont fuck around, take some time, work out wot u want and then go for it. :)
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Sclah
from Freudian Slipmat on 2008-04-14 23:59 [#02194387]
Points: 3121 Status: Lurker
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Congrats. Which area of Copenhagen is this?
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_gvarek_
from next to you (Poland) on 2008-04-15 01:47 [#02194396]
Points: 4882 Status: Lurker
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Good for you, man. This sort of thing happens very rarely. Just be careful with the outgoings, that's all I'm saying.
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jackeroffer
from Aruba on 2008-04-15 02:10 [#02194399]
Points: 1038 Status: Lurker
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open a record label dirty priest, start releasing music you want people to hear.
what were the lucky circumstances?
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Brisk
from selling smack at the orphanage on 2008-04-15 02:14 [#02194401]
Points: 4667 Status: Lurker | Followup to jackeroffer: #02194399
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Yep. If spending and ultimately losing all your money is your kinda thing, then a record label is for you!
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bogala
from NYC (United States) on 2008-04-15 03:04 [#02194408]
Points: 5125 Status: Regular
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I'm a rich guy too. It is a different world we inhabit. How many Centaurs do I have to buy to feel fulfilled? I have the best stables for them. The best feed for them. I ride them with friends and still I am empty.
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ozone
from Warsaw (Poland) on 2008-04-15 03:12 [#02194410]
Points: 275 Status: Lurker
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buy gold!
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DirtyPriest
from Copenhagen (Denmark) on 2008-04-15 03:33 [#02194412]
Points: 5499 Status: Lurker | Followup to goDel: #02194381
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Godel: That's the exact thing, it's not like i'm the new Bill Gates from this. If i had millions, i would just stay at home and play old SNES game for a year, and then figure out what to do with my life.
But the weird market in Copenhagen is exactly what gave me this oppertunity in the first place. The appartment i moved in, is going to be worth more in the next couple of years, i'm absolutely certain of that. Theres a lot happening in the area, like, city renewal, metro system and stuff like that.
Sclah: It's on Nørrebro, wich is my favourite part of Copenhagen. It's very lively, lot's of venues and stuff like that.
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REFLEX
from Edmonton, Alberta (Canada) on 2008-04-15 03:40 [#02194413]
Points: 8864 Status: Regular
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Invest in future pharmaceutical up comers APOTEX!
Ha. Seriously though, invest - anything future fuels or medicine.
PS. Good to see some older member still kicking around.... just stumbled across this site again. Been ages.
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DirtyPriest
from Copenhagen (Denmark) on 2008-04-15 03:46 [#02194415]
Points: 5499 Status: Lurker | Followup to REFLEX: #02194413
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Yeah, i remember you from the good old days as well!
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