So THATS what car lottery winners buy!!

britboy · Post by **britboy** » Tue Jul 01, 2003 3:06 pm

3/4 of the way through the story ...

http://news.bbc.co.uk/1/hi/england/cumbria/3034478.stm

Rum Tum Tugger · Post by **Rum Tum Tugger** » Tue Jul 01, 2003 3:18 pm

So she is only 16 and her 25 year old boyfriend is called Gary Fidler

If he started seeing her before she was 16 then that is a pretty apt surname....

Derek · Post by **Derek** » Tue Jul 01, 2003 3:19 pm

lucky her

Cappy · Post by **Cappy** » Wed Jul 02, 2003 8:09 pm

I saw that on the news this morning all she wants is to buy a house and a 206 CC perhaps we should get her on the forum..

CB · Post by CB » Wed Jul 02, 2003 9:41 pm

Very good idea - maybe she'd pay everyones entrance fee for next years Thorpe Park meet!

Cappy · Post by **Cappy** » Wed Jul 02, 2003 9:59 pm

She could buy her own park and we could all go there!

Michelle · Post by **Michelle** » Wed Jul 02, 2003 10:27 pm

She's not even old enough to drive yet!

Still at least she has good choice in cars (although if I had that much money I think I would be a bit more adventurous!)

Cappy · Post by **Cappy** » Wed Jul 02, 2003 10:31 pm

Yes that is what we said,but thats the kind of answer from some one so young though...

she will soon change her mind. She also said her boyfriend is not going to work and she is going to buy him a dog. :rolleyes:

Julia · Post by **Julia** » Wed Jul 02, 2003 10:32 pm

Don't forget she is buying her sister a...... (wait for it)

SUITCASE!!!

Easy tiger on the spending!!!

Cappy · Post by **Cappy** » Wed Jul 02, 2003 10:34 pm

Sad.
How long she going to have the money for , at the rate she is going not long.

TheMinel · Post by **TheMinel** » Thu Jul 03, 2003 11:30 am

awwwww leave her alone, you are all jealous..... me too!

britboy · Post by **britboy** » Thu Jul 03, 2003 12:47 pm

1.8 mil isn't exactly a 'never need to work' amount anyway...

You consider it ... You're gonna spend Â£800,000 on a really nice place ... Â£100,000 on nice car + doing the place up + pressies for family and stuff ..

So you have Â£900,000 left for the rest of your life. If you invest it -- with the market ups and downs -- I reckon you're looking on average of a 10% return.

So Â£90,000 a year. All very nice in 2003 .. but in 2030 -- going off the last 30 years inflation records .. its gonna be the equivelent of that girl recieving maybe Â£12000 a year.

In other words -- by no means of the imagination can she give it all up and swan around the world forever.

Rum Tum Tugger · Post by **Rum Tum Tugger** » Thu Jul 03, 2003 12:56 pm

But then she is still going to have an 800K house that is going to be worth how much in 30 years time?

The average wage is something like 25K a year before tax so 1.8 million is still the equivalent of 72 years income for the average person.

I could quite happily give up working for the rest of my life for 1.8 million!!

Julia · Post by **Julia** » Thu Jul 03, 2003 1:04 pm

Don't forget the interest she will earn if that amount is sitting in a high interest savings plan! Think the papers said she could live off that easily!

Not jealous at all!

Alex LS · Post by **Alex LS** » Thu Jul 03, 2003 4:13 pm

Doesn't even have to be a particularly high interest plan. On a million, you're looking at 40 grand even on a good basic savings plan at 4%.