The Water Cooler – Spending $10-Million

May 28, 2014 12:00 pm · 69 comments

The “Water Cooler” is a feature on where we ask you a question or provide a topic, and you talk about it!

The “Water Cooler” will be up Monday-Friday at noon!

Today’s question:

If you had one day to spend $10-million, how would you spend it?

Talk about it….

Enfield303 May 28, 2014 at 12:04 PM

Buy $10-million dollars worth of acreage somewhere.

I wish... May 28, 2014 at 12:06 PM

First: buy a little house for me and a car that’s newer than my 15 year-old car. Then I’d give $5000 to each of my grown kids, and put away maybe $100 thousand for me to live on when I get old and retire. After that, the rest would be donated to Christian charities around the world to help alleviate poverty, child trafficking, sickness etc.

Spend? I would donate it all May 28, 2014 at 12:09 PM

to a handful of charities and non profits I follow and donate to now.

For me, that’s the way to spend money.

James H May 28, 2014 at 12:14 PM

I’d pay off my student loans and credit cards, car payments and any other debts…then pay off my parent’s mortgage, in-laws’ mortgage and buy myself a house. Anything left over would be to upgrade cars, anything for any of the houses in the family, etc. I’d also try to invest some, since technically buying stocks is spending the money. It’d be a busy day but it could be done!

CereBellum May 28, 2014 at 12:15 PM

$5,000,000 for myself/family & $5,000,000 towards various programs for the elderly and/or disabled, such as Caring Hands, Meals on Wheels, etc.

Pale Rider May 28, 2014 at 12:16 PM

“Christian” charities……seriously???
Those kids wouldn’t see a dime!!!
You would be padding the pockets of some bastards that use “The Lord” to run the racket that is religion.

Whoever has that kind of money should build Clayton Valley Little League the most beautiful sports complex anyone has ever seen. That’s what I would do!


clean up May 28, 2014 at 12:17 PM

Clean up the homeless camps under the highways between Concord and PH. I am sick of the people begging for money at these offramps, staring into my car when I am at a light. . I would hopefully get them off the drugs (and they are using, don’t be fooled and give them money “for food” like a sucker!! that money just goes to drugs which leads to more crime), get them back on their feet, and working as productive members of society. Community wins/they win – sounds like a great investment to me.

The Closer May 28, 2014 at 12:23 PM

Buy 10 million lottery tickets.

One thing I would buy ................ May 28, 2014 at 12:28 PM

I would by Claycord and not censor people’s comments as I see Fit

Futurama May 28, 2014 at 12:28 PM

Land, houses. Nothing keeps value like land.

jtkatec May 28, 2014 at 12:40 PM

One day to spend it? Wow, I would have to move fast…..

Anon May 28, 2014 at 12:43 PM

New house for my parents, maybe for me too, new cars, pay off debt, pay off kids student loans, start a charity, travel, travel, travel and maybe never come back.

57 Chevy May 28, 2014 at 12:44 PM

I would buy my wife and kids a little something, and donate the rest to charity.

What security May 28, 2014 at 12:44 PM

I would buy the City o Oakland and give it back to the Indians

Mr. Pink May 28, 2014 at 12:48 PM

Land, lots of it. With a lake and woods. Where I’d build a nice, comfortable home with large fireplaces, sunroofs, a pool. If I could, I’d pay my kid’s college tuition in advance.

Anon May 28, 2014 at 12:50 PM

I’d buy a few houses & book several first class vacations for me & my friends & family to all the places on my wishlist. Then donate to elderly, military & animal non-profits.

Cat Wrangler May 28, 2014 at 12:52 PM

I would give it to young people to continue theeir education, extracting the promise from each that Carol Burnett’s benefactor asked of her – to pay it back by helping someone else.

Maya Angelou said – When you learn, teach. When you get, give.

Double A May 28, 2014 at 12:52 PM

I’d use it to put the spears back on concord ave on downtown concord. LOL!!!!

@9 May 28, 2014 at 12:55 PM is worth way more than $10 milion May 28, 2014 at 12:57 PM

Thanks 😉

Connie Dobbs May 28, 2014 at 12:55 PM

The Governor.

Honestly.... May 28, 2014 at 1:00 PM

I would buy a villa on Mykonos, a yacht and a red Ferrari to have garaged on the mainland to drive when I am there……….

Bishop Estates May 28, 2014 at 1:00 PM

Make sure my Mom is secure and then buy a small house to retire, take care of my children and donate to Charities that we already donate to.

Mr. John May 28, 2014 at 1:11 PM

I’d buy investments with most of it to take care of my family long term, but I’m assuming the intent was to see what we’d spend it on if investing was not the goal of the expenditure. If we’re ignoring the investment angle, I’d still spend it on a business that I would enjoy running, either a gaming company or a restaurant.

oldman May 28, 2014 at 1:16 PM

I would give it all to the government since they have been so good to me.

Lori May 28, 2014 at 1:16 PM

Sure are a lot of caring giving people on Claycord this afternoon. I would spend it on my family and myself. Paying off mortgages, student loans, debts, etc. Might even invest in an Olive Garden franchise for all you OG fans to enjoy.

Triple Canopy May 28, 2014 at 1:20 PM

I wouldn’t spend it.. that’s a poor person’s mindset.

Instead, I’d leverage the capital to make even more money. Investments like dividend and interest-paying stocks and bonds, REITs, and master limited partnerships (MLPs).

That’s the difference in thinking between being “rich” (spending one-time monies) and being ‘wealthy” (using other people’s money to make more money). Take Allen Iverson vs Magic Johnson for example,… one is a street punk with instant cash while the other is a businessman.

RealityCheck May 28, 2014 at 1:22 PM

Hookers and booze.

Anastasia May 28, 2014 at 1:26 PM

Pay off loans. The rest would go towards helping our furry friends!

Pooroomi May 28, 2014 at 1:27 PM

Buy me a studio in SF…..

Bob May 28, 2014 at 1:30 PM

Find out how many teachers there are in the MDUSD–divide that number into $10 million and give each teacher an equal amount.

Anon2you May 28, 2014 at 1:36 PM

Serious answer or silly answer?
Serious: I would take care of my family by setting each person up with a house, car, scholarships and trust fund etc. I would work in descending order, wife, kids, brothers & sister, in-laws etc… until all the money was used up. But first I would get myself a 12 pack of Corona from CVS (because it is coldest there) and set up a lifetime golf membership at Diablo Country Club, where my fully paid for house would now be located.
If I had any left over and it was nearing the end of the day, I would then start on friends and see how I could help them…

William May 28, 2014 at 1:36 PM

$10 million in diversified, tax free municipal bonds. Then live off of, and donate from, the roughly $500,000 annually in tax free interest. Half a mil a year to decide what to do with (tax free) and never touch the principal. Yeah, that would work…

Dorothy May 28, 2014 at 1:46 PM

Before or after taxes?

Try to find all my living relatives down to 3rd or 4th in the line and see how much 10 million will divide up between us – no strings attached.

animal shelters May 28, 2014 at 1:52 PM

I would just use most of that money as donations to various animal rescue associations and shelters to take care of the most important creatures on earth.

WalnutCreek4Life May 28, 2014 at 1:59 PM

Build a Wall in between concord and Walnut Creek. Sorta like the Berlin Wall.

old lady May 28, 2014 at 2:17 PM

land and lot’s of it.

Rollo Tomasi May 28, 2014 at 2:25 PM

@Bob #31;

They’d want to re-negotiate next year.

Pleasant Hill Resident I May 28, 2014 at 2:31 PM

Purchases: We would buy my parents and my in-law’s newer, single-level homes that they could better enjoy, we’d purchase a home in a better school district/one with a big yard for our little family, pay off our student loans, purchase safer/slightly more luxurious vehicles (I’ve been wanting a newer Acura MDX for a while now, for example), etc.

Investments/Savings: We would put away the bulk of it in savings or investments to ensure that it lasts longer. While we’re already on track to enjoy a nice retirement, I’d love to keep building enough to ensure that our future family members also don’t have to worry about the basics, so we would likely set up several trusts for our future children/grandchildren, etc.

Charity: We would likely donate somewhere between $500k-$1M to the charities we currently support. While it’s obviously not as much as generous as it could be, we would feel good knowing that we contributed much more than we could ever possibly help with now.

twilight May 28, 2014 at 2:32 PM

I’m with those who say invest it first and decide how to “spend” it later. “The miracle of compound interest”! Trusts and foundations can be set up with wise management guidelines. Find a trustworthy financial planner with the same mindset and a good track record. Instead of “here today, gone tomorrow,” it will be “here today, here tomorrow with interest.” Read “The Millionaire Next Door.” (Unless you already have a good financial planner, this would be hard to do in one day.)

Anonymous May 28, 2014 at 2:53 PM

I would donate it to a candidate that could beat that bird brain DeSaulnier.

Mr. Pink May 28, 2014 at 3:21 PM

Sell 20 million raffle tickets at $1 each for a chance to win $10 million.

OhWhatADream May 28, 2014 at 3:30 PM

-Pay off my parents’ and sisters’ debts
-Buy a house with some acreage
-Pay off my boyfriend’s debt
-Pay off all my debt
-Give to charities
-Put the rest in an IRA, CD or buy some savings bonds

JLG May 28, 2014 at 3:43 PM

I have always dreamed of living on lake frontage at Lake Tahoe. Might be able to find a fit it upper for that price.

Silva May 28, 2014 at 3:56 PM

#14, I think we’d hold out for a better offer.

anonanonagain May 28, 2014 at 4:00 PM

I would buy both of my parents and their spouses a home and new cars. I’d give them $200,000 each to put away for emergencies. I’d buy a new car for myself and my family. I’d purchase a new home for us all custom designed the way we want it. Afterwards I donate the rest to a few charities such as those that help foster children. Having that kind of money can corrupt your soul. Better to do good with it and help those that are hurting out……

mutts May 28, 2014 at 4:15 PM

After hookers and booze you’ll need to set aside some money for meds!
I’d give a lot to vets, buy those special wheelchairs. Give them emotional support. All that they need. Give to elderly in need.

Original G May 28, 2014 at 4:24 PM

Two million set aside for family and Grandkids, no one becomes idle rich.
Eight Million goes into a S&P index fund with a tax free trust to fund Junior College crafts training set up same as what LMC and DVC already have.
Am a graduate of the LMC program.

Country needs skilled electricians and other crafts.
Program should be replicated all over the USA, in every state.

tired of taxes May 28, 2014 at 4:36 PM

Since no one has said it yet…
put up an Olive Garden. Heck, make it 10 Olive Gardens.

Or get 10 Demi Moores to spend the night with me and offer them $1M each.

But seriously, no one said gold?
If I could “invest” the money and not just “spend” it, I’d go:
– $1M in donations
– $1M in gold
– $1M in cash (you know, so you can make “cash angels” with like in Breaking Bad)
– $1M in other paper investments (bonds, tbills, stock)
– $1M in real estate (under $500K), update the crib, new car
– $2M for the family ($1M my side, $1M for my better half’s side, distributed as we see fit)
– $3M offshore in other currencies (I’ve always wanted a swiss bank account but I hear they don’t entertain US citizens as clients anymore)

But since the question was “spend” in one day, then:
5M gold, 3M land with house (and updates like a nuclear shelter or a large wine cellar, solar, moat, gun turrets, etc.), 1M cars for the family and extended family and friends, 1M for a lifetime personal advertising spot on

JRConcord May 28, 2014 at 5:00 PM

Ice Cream and hookers.., 🙂

Kelly Anne May 28, 2014 at 5:10 PM

I’d pay off credit cards. Buy a beach house & a house at Big Bear.they have the best Oktoberfest in the united states.i’d never miss it.too fun…

Atticus Thraxx May 28, 2014 at 5:37 PM

Please tell us more Triple Canopy. I’m on the edge on my seat over here. The more condescending the better. Your good at that too.
I’d put aside $5 million for my legal effort to have Piers Morgan deported, failing that……… “disappeared”.
$500k to buy the naming rights to the Pavilion. The Claycord Thraxx Event Center maybe. I don’t know, we can work on that.
I’ll kick in $1.5 million to help have Willow Pass paved from Farm Bureau to Hwy 4.
$1 million for grandkids college, assuming my kids reproduce.
That leaves $2 million. Bounty for the head of Abubakar Shekau.

Millionaire M. May 28, 2014 at 5:37 PM

I would become the Lex Luther of Contra Costa County. My first priority would be hiring minions to go out and buy ALL THE TOILET PAPER in EVERY supermarket, drugstore, WHEREVER – let the common man SUFFER with NO T.P.!!! BWAHAHAHAhahaha!

Millionaire M. May 28, 2014 at 5:41 PM

I would then quickly buy a gas station or two at the busiest intersections in Concord and Walnut Creek, lower the price to $0.99/gallon and create HORRIBLE TRAFFIC for the working class!!! BWAHAHAHAhahaha!!!

Millionaire M. May 28, 2014 at 5:44 PM

THEN I would hire an ARMY of sign spinners, to spin the most NONSENSICAL of signs at every street corner, causing sheer confusion and UTTER CHAOS! BWAHAHAHAhahaha!!!

unknown May 28, 2014 at 5:49 PM


Just me May 28, 2014 at 6:15 PM

I’d spend it quickly. Lol

Poon May 28, 2014 at 6:38 PM

Hookers and Coke

La Ducha May 28, 2014 at 6:59 PM

Pay off my barrio home, buy a new house. Lease old house to a biker club with an indefinite lease. Pay off wife’s student loans. Buy new car for wife. New house would have nuclear shelter, guesthouse,recording studio, moat, gates, 5 car garage with welding shop, sniper towers and floodlights. Also establish a halfway house for the Helmets to Hardhats program. Get GP’s to visit. Buy exotic v-twin sport bikes like a Motus, Wakan and the top of the line Buell 1190 RS. Ramp up gun collection, maybe even afford the Sheriff’s Posse.

Triple Canopy May 28, 2014 at 7:15 PM

Atticus @52

The high-end Italian sports car in our garage says it all. We budget, have fun vacations, own four homes (three rentals) outright, and can survive…… hold on, lemme check the portfolio………… about 15 years without ANY income. That’s all on about $95K a year.

Thanks to the renters who allow others to build wealth. It’s too easy.

Jim May 28, 2014 at 7:25 PM

buy a senate seat…that’s how it’s done right…you buy one…screw the voting public?

CatWoman May 28, 2014 at 7:45 PM

Just too true…

Mom of the Horde May 28, 2014 at 7:55 PM

Buy a house, pay off bills, donate money to the schools my kids go to, buy new cars, pay for a dream vacation.

Pleasant Hill Resident I May 28, 2014 at 7:58 PM

@Triple Canopy – Now I’m curious if you’re one of the local Maserati drivers whose cars I gawk at every time 😉

DLB May 28, 2014 at 8:49 PM

I would bring in my family team and send them out with my shopping list! I don’t know that I could put a dent in the 10 million without help, but we are up for it!!!

funny man May 28, 2014 at 9:50 PM

Buy seenos mansion on the hill, throw a giant party

Still anon May 28, 2014 at 10:24 PM

New homes all around for the family. That would be five. The rest would go to MDUSD.

jtkatec @ Millionaire M. May 29, 2014 at 10:16 AM

You’re just plain evil.

Anon May 29, 2014 at 12:04 PM

Throw a big party for, everyone invited.

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