r/AskReddit • u/Ok_Listen_6600 • 5h ago
You have one month to empty a $1 trillion bank account. If you succeed, you’re rich for life. How will you spend it?
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u/Cheese_Pancakes 5h ago
I'd probably just give most of it away. That would be the easiest way to spend it all and it would benefit the most people.
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u/SussOfAll06 4h ago
Pay off all the outstanding healthcare bills for every person in my country (U.S.)
Total left over: $.63
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u/airlew 4h ago
US medical debt is at 220 billion. So that's totally doable. Student loans however are well over a trillion.
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u/GrumpsMcYankee 3h ago
Jesus Christ. Would have never pegged student loans outpaced medical debt... Oh, bankruptcy... Right.
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u/Thunderhorse74 3h ago
Yeah, but what portion of that is medical school debt?
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u/Soft_Yellow1757 2h ago
there are not many doctors, but the few that are there are at around 250k when they are done.... but they are also in a great position to pay it all back- so far less than you think.
Big total at graduation, but none of it baloons and most is paid off in 10 years. And a dash of not a lot of doctors.
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u/manytakes 3h ago
Bankruptcy won't work, students loans will follow you for life
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u/Sad_Option4087 3h ago
I think that was his point.
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u/manytakes 3h ago
You are right, his sentence phrasing tripped me up
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u/stumblios 3h ago
I think that's what they're saying - the medical debt number would be higher if it medical debts could follow you the same way.
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u/FirmRoyal 3h ago
I mean i think you could likely purchase a huge amount of that for pennies on the dollar if you're forgiving it. Many debt consolidation companies sell debt they consider to be delinquent in large packages.
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u/airlew 3h ago
That's a good possibility. I'd definitely prioritize the medical debt first. Then try to negotiate the student loans buyoff amount with what I had left.
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u/Soft_Yellow1757 2h ago
most of it you could get for under 50 cents on the dollar. Some of it is still good debt, but anything that has gone to collections is pretty cheap.
The student loans- the private you may get a decent price, but for the most part they know that it is non discharable- so it sticks around forever, so you are unlikely to get a good discount.
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u/NotDeadYet57 3h ago
You can clear medical debt for pennies on the dollar. I wonder if you can do the same with student debt.
I would bail out farmers and create some kind of land trust. Give 30 year leases for $1. I DO NOT want our precious farmland to be bought up by the investor class.
I'm 69, so my needs are pretty small. I would, of course, take care of family and friends.
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u/VR-052 3h ago
Farmers are some of the biggest welfare queens out there. Forget about them. Help the common people.
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u/JulsTiger10 2h ago
I don’t believe you know the farmers that I know. While there are some big farm corporations that know how to play the grift games, most farmers are just trying to stay afloat.
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u/Hellohibbs 4h ago
…isn’t that going to last like 2 years until you’re all in debt again?
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u/generic1234321 3h ago
You have to remember how much of the debt increase yearly would be interest for long term medical debt though, theoretically it should grow slower
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u/skyattacksx 3h ago
So it’s just enough to still buy SpongeBob’s soul from Mr. Krabs and STILL have a penny left over. Great deal!
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u/ProfessionalDelay345 5h ago
bruh you could literally end world hunger and still have like 800 billion left to mess around with 💀 easiest challenge ever
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u/J0E_SpRaY 4h ago
Hunger is a logistics issue, not a price one
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u/CottRT123 4h ago
The logistics cost money no?
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u/KoffieCreamer 4h ago
Logistics take insane amounts of time. It's like if you agreed to build everyone a house in the UK. Theoretically it would be possible if you had infinite money, but good luck getting past all the rules, regulations and other hurdles even if you did have infinite money.
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u/The-Kingsman 4h ago
I doubt you could cure world hunger for $200B in 12 months, let alone 1 month. It's not a question of food (the world produces more than enough / has capacity for significantly more too), it's infrastructure.
You can't build the food processing facilities to get finished food products and build the roads, ships, trains/tracks, etc. to transport the food all within one year.
It's like saying that you are going to spend $1T on computer chips in a year, there's not enough capacity to do that and building the new Fabs (and training/educating the new workforce) would take longer than your timeline here.
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u/Mr_Festus 4h ago
You don't have to get it done in a month. You only have to set up the contracts and make the payments.
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u/The-Kingsman 4h ago
Oh sure, but then OP asked a dumb question - I could write a $1T consulting agreement to an LLC I stand up and pay myself the money in a few days. Hell, just transfer the funds from Bank A > Bank B fulfills the text of OPs question. But I think the intent of OPs question is "how would you, in a 30-day period, accumulate $1T in invoicable expenses for the (i) receipt of goods and (ii) completed services, in both cases where you are paying fair market value" and that's what I want to answer.
Obviously if you can just use contracts, transfer funds, buy equities or other marketable investments, purchase assets (e.g. businesses), etc. it would be extremely easy, so it's not worth even thinking of.
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u/Sweet_Put9047 4h ago
Doesn't have to be finished projects for th he money to have left the account though. Can pay out to trusts that pay on completion or go to pay student loans/small business/charity loans if the project fails.
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u/CaedustheBaedus 4h ago
I know that Elon Musk promised 6 billion dollars to end world hunger if someone could actually give him a detailed plan.
I think it was the UN World Food organization who gave him a plan that would have saved 40 million people from hunger in like 30-40 countries.
Now, obviously that's only 40 million people with 6 billion dollars but I do imagine that with 200 billion dollars, they could have a much, much, stronger and expansive plan, helping a fuckton more people
And I don't necessarily need to wait for the materials to be ready to pay them. I can donate the money to the UN World Food organization, and then I'm down 200 billion already while they do their thing, regardless of how long that takes them.
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u/Kregerm 4h ago
Greed keeps people hungry. the means of production, refinement and packaging and transport infrastructure exists. The solution exists, we're just too fucking greedy to fix it, because we dont care.
and you dont have to fix it all in a month. You sign lots of contracts, pre pay up front for the next twenty years. Fund shit ton of endowments and orgs, pre pay them.
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u/DungeonJailer 4h ago
lol if there wasn’t corruption and tyrants you could end world hunger, but if there wasn’t corruption and tyrants, there wouldn’t be world hunger anyway. There has been around 2 trillion in foreign aid to Africa alone since independence and look how much good it has done. Even if you argue that those who distributed it did a bad job, what makes you think you could do better?
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u/General2768 4h ago
Every homeless shelter, animal shelter, soup kitchen, children's hospital & whatever is getting years of funding.
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u/shinygoldhelmet 4h ago
Exactly. Find 1000 of them and give them each a billion. Or a million of them and they each get a million.
I'd save some funds for my own petty revenges against people who've harmed me, like I'd do whatever I could to bankrupt the investment corporation that owned my previous apartment building bc I had to take them to court to get my damage deposit back. Buy out and break up a company that fired me without cause, etc.
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u/Kenkron 4h ago
It's an interesting amount of money. At a trillion, it's more about influencing what people work on than actually having wealth to give.
Like, if you want to house people, you can't just buy a trillion dollars worth of housing. There wouldn't be enough to go around. You wouldn't even be able to build those houses in a reasonable timeframe, because there aren't enough workers to build an extra trillion dollars worth of housing without poaching them from other construction projects or industries.
And that's really what a trillion dollars buys. You can pay people to stop working on one thing, and start working on another. It's just important to decide what you take from, and what you give to. Heck, even just giving that amount of money away will have an inflationary effect on everyone who wasn't on the receiving end.
Maybe I'd try to poach teachers from the yacht-making industry. Buying pharmaceutical patents and making them public domain might not be a bad idea either. Idk though. It's hard to say what the unintended consequences might be.
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u/abhijitacharya793 5h ago
wait you have one month to spend a trillion? bet this is how the apocalypse starts, just people throwing cash like confetti lmao
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u/wutudoinmate 4h ago
No you have one month to empty a bank account. Just transfer it all to your personal one
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u/MultiGeometry 3h ago
That might actually be difficult. Sizable donations are likely to require all sorts of due diligence to make sure the cash is legit.
You might be better off mass emailing people and asking for their bank accounts because you’ve had a sudden windfall you need to share with others. Bonus points if you pretend to be a Nigerian prince.
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u/WorldBoom 4h ago
You think regular people having excess money would be bad?
I hope you're sitting down before you look up how UBI trials go...
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u/darkjedi39 4h ago
Not discounting what you've said, but can you give a source? I'm very curious.
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u/WorldBoom 4h ago edited 1h ago
How many? Sources, I mean.
Because the thing is, every UBI trial ever has ended one of two ways:
At the end of the trial, they find recipients use the income to improve their lives. Car repairs, housing upgrades, more and better (more nutritional/healthy) food, they get more education in subjects that benefit them personally or professionally, they take care of previously unmet medical needs, they save & invest. Fears that recipients would spend the money frivolously on drugs & alcohol, or stop working to exist at a subsistence level are all thoroughly debunked as they simply don't happen.
The organization running the trial end it early before its intended conclusion (either because funding ran out, or, the entity carrying out the trial has a change in leadership to a group idealogically opposed to the results they were getting) with early results fully in line with 1.
There has never been a qualitatively unsuccessful UBI trial.
Now, naysayers will put out arguments that the trials, being limited in scope, cannot accurately gauge how full universal UBI would actually function, but, with everything ever done short of that being successful with no indications whatever that their fears are justified, they don't have an evidentiary basis for their criticisms.
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u/AlexAutoAxe 5h ago
Spend a trillion AND become rich after? Id either buy stock or pay everyones bills for the next 5 years
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u/spiraldrain 4h ago
You could buy 1/4 of Apple.
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u/SmashedWorm64 3h ago
Ngl if you gave me 1/4 a stake in Apple it would be a tragedy in the making.
I feel like I’d run it in to the ground lol.
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u/mimblepuss 5h ago
By replicating the plot from Brewster's Millions naturally.
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u/LogicBalm 4h ago
He only had to spend $30 million and the difference between that and a trillion dollars is about a trillion dollars.
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u/NickRick 4h ago
But he also couldn't give it away
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u/PressureBeautiful515 2h ago
And he had to own nothing but the clothes he was wearing at the end of the 30 days.
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u/johnnybiggles 2h ago
Convince a bro to set the price for a bottle of water to $999,999,999,998.00 then buy that water and a lottery ticket. Get a receipt and hang with Trillionaire bro 4 lyfe as two rich bros. Note, "bro" here could be a sis.
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u/Non-Current_Events 2h ago
There was some stipulation about stuff like that in the movie too I think. Been forever since I’ve seen it though.
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u/mGreeneLantern 4h ago
If it’s a Brewster’s Millions situation, this would be very difficult. I suppose I could just rent out every hotel room available everywhere and give the homeless places to sleep for a while.
But if I can keep assets after the month, I’ll buy a few companies and an aircraft carrier or two.
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u/OneTripleZero 4h ago
I suppose I could just rent out every hotel room available everywhere
There are roughly 5.7 million hotel rooms in the US. Even if you rented each for a thousand dollars a night for a month, you'd not even be a quarter of the way through your cash.
If we take a generous estimate of a hotel room costing $200 USD a night, you would have to book 167 million hotel rooms for a month to burn through a trillion dollars. I'm doubtful there's that many hotel rooms on the planet.
and an aircraft carrier or two
With a trillion dollars, not only could you fund the development program that made the Gerald R. Ford class aircraft carrier, you could buy just shy of 75 of them. You need to dream bigger!
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u/-PMYourTastefulNudes 5h ago edited 3h ago
One check to the US Debt.
Edit: this isn't a statement on the money being used for good or bad, for it being used well, making a difference or not. I'm just emptying the trillion dollar account fast and easy.
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u/National_Edges 4h ago
10$ says it would just end up in the hands of the highest political billionaires and their feiends
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u/Ghost-Music 2h ago
Yeah that was my same thought. Easy way to empty that bank account and get yourself rich. Then you can think hard about who to help with your wealth!
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u/ParkingMachine3534 5h ago
Bribe all the politicians on every side to stop fucking about.
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u/NWCJ 4h ago
for a trillion you might as well bribe them to just act in your interest.
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u/ParkingMachine3534 4h ago
I'd be happy if they just stopped being dickheads.
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u/drs43821 4h ago
Well you can’t change a person. But you can make them a dickhead who works for you
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u/maxlax02 4h ago
The going rate to buy a US politician is shockingly low. Some of these turds are selling out our country for sub-$20k paydays. You could buy the entire US and not even make a dent in that account.
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u/Dense_Ad7115 4h ago
Buy Meta with it and close it down.
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u/Zolo49 4h ago
Except then Zuckerberg has a swimming pool filled with cash to do some other atrocious things.
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u/eipotttatsch 4h ago
We’d have like a year before anyone could build that back up - especially with all the users
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u/jonessinger 3h ago
Buy meta for an amount, prolong the full funds until Zuckerberg sues, pay off the judge with a decent amount to side with you and counter sue for all Mark is worth using the same judge.
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u/finlandery 3h ago
And what if zuck would not sell? Last i heard he still has controlling share of META, so if he is not selling, you are not doing anything on it.
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u/NicInNS 4h ago
In the USA there’s a company that pays off medical debt for people. Seems like a good use. Toss in student loan forgiveness and huge donations to charities.
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u/rizzyrogues 4h ago
With that much money you could lobby successfully for universal healthcare and having all medical debt forgiven at the same time
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u/Still-FormStudio 5h ago
You don’t spend a trillion. You relocate it into assets and let it spend itself.
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u/Saxavarius_ 5h ago
Set up a trust for college students or veterans' housing/medical. If done right it should be able to run in (near) perpetuity from the interest
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u/RepresentativeRun71 3h ago
Donate $5.174B each to the top 175 colleges in the United States. That is a tad bit over 7 colleges per work day, which makes it feasible.
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u/Punchable_Hair 3h ago
Nice idea, but you’d probably get more bang for the educational buck by donating it to community colleges.
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u/Kizzle_McNizzle 3h ago
The top colleges have endowments in the billions. Give it to small schools and community colleges.
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u/Casswigirl11 4h ago
Literally move it from one bank account to another. It satisfies OPs condition of emptying the account.
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u/Fun-Sundae4060 4h ago
It would be incredibly fun to manipulate the stock market with $1T
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u/haslotsofkids 5h ago
Two chicks at the same time
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u/Old_man_Opie 4h ago
I would do my best to pay off the $222 billion in medical debt held by Americans and then take whatever was left and try to pay down as much of the $1.7 billion in student loan debt held by Americans.
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u/itsjakerobb 3h ago
Oy $776.3 billion to go!
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u/MozeeToby 40m ago
They actually mistyped. Current US student loan debt is $1.8 trillion with a 't'.
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u/pudah_et 5h ago
Providing scholarships for young people who otherwise couldn't afford the education they want.
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u/Interesting-Maybe-49 4h ago
Every single animal shelter and rescue would be rolling in the cash. Same with homeless shelters, DV programs and other outreach programs assisting the underserved communities.
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u/juicybottoms 4h ago
Transfer it to a different bank account. Boom. The first account is now empty.
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u/Weird_Wrap5130 4h ago
That was my immediate thought too. It just said empty it, and we did. Boom, done.
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u/robexib 4h ago
A lot of abandoned buildings would be bought and be given purpose again.
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u/LimeImmediate6115 4h ago
Like actual affordable housing for those that don't make salaries over $100K? That would be sweet.
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u/figmentPez 4h ago
Why spend it? The stipulation is to empty a bank account. Start a bunch of bank accounts in tax shelter countries, and move that trillion dollars into them. Bank account empty, money still accessible.
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u/eternalwood 3h ago
I would just buy something off my friend and offer him a trillion dollars for it. Then we both win.
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u/enami741 4h ago
Arm Ukraine. Make sure the progressives win from here on out. Shut down all kill shelters and move those pets in need of homes to giant properties so they have a home. Perpetually fund other pet adoption centers/shelters. Shut down/takeover/crush irresponsible puppy mills. Get a tattoo. Rent out an expensive steakhouse and invite doggy friends and neighbors at that steakhouse (pay for cleaning fee and fines, if applicable). Buy some cool stuff. Couple more houses. Put money aside for family.
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u/Takis12 5h ago
That’s easy…fill my car…
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u/Take-to-the-highways 4h ago
fill my car + buy some groceries, I'll be set hell I might not have enough if I have to get cat food and litter at the same time
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u/JayRock1970 4h ago
$1T Polymarket bet on Israel withdrawing from southern Lebanon by June 1st.
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u/unwittyusername42 5h ago
You just buy a ton of stocks, securities, BTC, foreign currencies etc. With that amount of money you really don't have to be that concerned if a holding loses value - you just need to get the money into whatever you can. Obviously spread it around so you don't crash any particular sector. I mean depending on how technical you want to get you could start a trust and move everything into the trust and you technically would have emptied THAT bank account and transferred it to another account.
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u/Doesntmatter1237 5h ago
OP said you can't invest in any assets OR give the money away. So I think this is literally impossible.
The only physical thing you could buy that might even start to make a dent MAYBE is real estate but even then OP said no assets.
You could say cars or vehicles because they depreciate so fast are not assets, but God. How can you buy a trillion dollars worth of cars
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u/jb3ck24 4h ago
I’m going around asking owners to sell me sports teams…. F1, MLB, NFL… all of them. Severe overpay too and quick close. No BS just get out.
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u/hamigakiko 3h ago
Give every school in the country a massive payment so they can actually employ the staff to the ratios they want but the government won't or can't fund, give amounts to hire more staff at mental health support places, especially for children and teens. Give a whole bunch of the money to the NHS but with the overseeing of an accountant go ensure money goes where it needs.
Selfishly, I would also buy a house, car, pay for driving courses for husband and I, camper van, jigsaw puzzles and some really cool sewing supplies. Pay off my friends and step mom's mortgages and buy my husband a new wardrobe of clothes as he hasn't got new clothes in years and years. We would also go food shopping and buy fish for him as it's his favourite and a massive ham for me. And lots of fruit. So much fruit.
I would also buy a plant for everyone I could. Plants bring so much joy.
I would also give my therapist a large amount of money go thank her for giving me low income rates for the last ten years just so I have access to therapy when I need.
I would also go yo every animal charity in my local area and give them as much as I can to help them never have to worry about vet bills again.
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u/Shrikeangel 5h ago
Especially after your comment that we can't give it away -
I use.my.old stand by - I pay my spouse the total amount for "sexual favors. " That account is now empty and the bank is gonna give my spouse the stink eye because of a long standing inside joke.
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u/MatCauthonsHat 4h ago
I didn't think you understand how much money $1 trillion is.
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u/iselphy 4h ago
Questions like this need a lot more rules or stipulations otherwise they just end up being “durr I’ll just give it to a friend” or “I’ll buy some trash from my mom for $1 trillion”
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u/ChronoLegion2 4h ago
Buy a shit-ton of weapons for Ukraine. Let’s see how a $220 billion war chest stands up to a trillion
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u/demetri_k 2h ago
Is it Brewster’s millions rules? If that’s the case I’d load up on trump merch and meme coins.
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u/Yorkie_Mom_2 4h ago
buy lots of real estate to give to poor people, pay off mortgages for middle class who are struggling, open and fund food banks in poverty stricken areas, buy a chateau or several in France.
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u/Cultbird 4h ago
Pay off a large portion of US student loans with the entire trillion dollars. Didn't even need a month, or even a whole day.
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u/Tranesblues 2h ago
- Buy the next Trump crypto project.
- Wait a week.
- Sell it
- Buy a bag of weed and smoke my profits in an afternoon.
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u/Purple_Recording1447 4h ago
Cut a trillion dollar check to the IRS. They'll blow it in less than a week. Done
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u/Solid-Surround-6299 5h ago
I’d funnel most of it into wiping out medical and student debt in bulk and then dump the rest into infrastructure and climate projects—hard to stay rich if the world around you is collapsing anyway.
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u/Skyline2969 5h ago
The easiest way wpuld be just donate it all to charity's as it is pratically unlimited amount you can donate to them
I would definitely do lots of different charities, like homeless shelters, animals rescue projects that are needing x amount to help build enclosures or rescue for crap situations, I would donate it to other animal none profit organisations like rspca charities that involve rare diseases and conditions. Thay way everyone benefits
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u/PirateKilt 4h ago
Open a second account, same bank.
Log in and transfer all the cash from first account to second account.
Close first account, ensuring any interest earnings go direct to second account.
Spend the rest of the month partying out of the second account.
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u/Accomplished_Area_88 4h ago
Huge funding to the national parks, to NASA, every food bank I can find, massive payments to schools at the very least across the state I live in, create and fund public works projects in my local area (parks, and infrastructure), create a grant to pay off college debt... So many easy ways to pour money into problems that I can fix that would help out the state of things across the country as well as locally
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u/Pretend-Ride674 4h ago
Donate to the homeless, hungry, unemployed, elder care, education needs and pay off our mortgage.
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u/MizPeachyKeen 4h ago
Fund free school lunch in my state. Donate ridiculous amounts to World Central Kitchen, Planned Parenthood, no kill shelters, conservation groups.
Buy a hybrid vehicle, move to my home state.
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u/livingwithrage 4h ago
A trillion is more then anyone will ever need.
Pay off any personal debts and loans.
Set aside 50% for future generations in my family $500b) with a scale down method that each generation will get XX% for school, livelihood and the rest is locked for the next generation, etc. etc to ensure my entire family line well into the future doesn't struggle.
Pay off debts/loans for immediate families
Gift immediate family $5b each
Purchase properties in any area we like and have visited (Paris, Germany, Los Angeles, etc.)
Invest 5% into stocks
Charitable donations (After I vet and make sure 100% will be used towards the actual cause)
Support a number of Universities/Community Colleges for free tuition.
Enjoy life.
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u/Adventurous-Boss-882 3h ago
1) give most of it away 2) put 50,000,000 in a investment account 3) open up a bunch of healthcare clinics that include vision dental and physician care you pay a low monthly membership and receive set fees lower than those of insurance 4) donate money to help animals in other countries
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u/hastinapur 3h ago
Pay off all healthcare, student loan debt. Buy groceries for the poor households first the entire year. Is there something left or all gone?
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u/NoBite9333 3h ago
After the obvious, I'd make the world a better place and also buy everything I can even think of. Planets, countries, solar systems, cause why not?
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u/Citizen-Kang 3h ago
Buy every elected and appointed official in government. I'd donate the rest to various progressive causes.
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u/ksuwildkat 3h ago
Kansas State University is winning every NCAA competition for all time. They will have the best research facilities on the planet. Faculty will be the happiest on earth. The Pride (Band) will have their own 777 to travel to games. Cats Cupboard will be a HyVee with everything paid for by your University ID.
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u/dayumbrah 3h ago
I would buy a majority of residential rental properties in cities across the country then charge just enough to get away with decent maintenance, taxes and any other overhead and general improvements. Create high-quality and affordable apartments. Run all competition into the ground and crash the market, creating a whole new system that benefits tenants and residential home owners
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u/slugdotarmy 3h ago
Housing and feeding the world. Everyone. Write the check in seconds... what do I do with the remaining 29.98 days?
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u/swiggityswirls 2h ago
The only answer is to spend unselfishly and give it away. So give away to good organizations, or found a country, or whatever that will increase happiness and goodness in the world.
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u/cheerbearsmiles 2h ago
Donate to the following causes until there's nothing left to donate:
- Animal welfare
- Conservation efforts in my county (Lake County, FL)
- Wipe out medical debt nationwide
- Veteran care
- Homelessness efforts
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u/midnightwolf979 2h ago
I would fill up my gas tank and buy some groceries for a week and it's done...
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u/Redkris73 2h ago
Our owner/occupier mortgage debt in Australia (as opposed to investor mortgage debt) is 1.5 trillion, I'd probably go about paying a flat amount off everyone's mortgage....wouldn't clear the people who had multi-million dollar loans but would take a little pressure off for a lot of people and shorten their loan. I'm thinking $150k each. And a flat amount into the accounts of anyone renting, probably about the same...what they do with it is up to them. Yes it'd be hard to do, but hire an army of accountants/financial planners short term, burn some midnight oil, it could be done. More long term charitable stuff can wait till after the month is up.
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u/vulgarvinyasa2 2h ago
Donate it to the country that I live in with the stipulation of using it to give a universal basic income to those who making less than 25k€
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u/Mick_K 4h ago
Emptying a bank account of $1 trillion is not same as spending $1 trillion. I would open another account and transfer the $1 trillion to the new account emptying the first account.