If I gave you $1 million in cash to spend in 1 hour, after which the money will disappear, what would you buy?
I have asked this question to countless people (mostly in hair salons) as an alternative to small talk, and it always yields interesting results.
Rules:
You get the money right now, right where you are. If it's 10pm and you're in the middle of nowhere, your money will still go poof at 11pm.
As a result of the above, tell us what time it is and roughly where you are (big city, desert, small town, ...)
You must spend the money. You cannot give it to someone to hold on to it for you for a while.
Normal world rules apply, e.g. you cannot buy a $250k car at a dealership in 1h in cash, and you cannot buy a house in 1h either.
Remember that getting from where you are to the place you need to go takes time. Factor that in!
Edit: I'm glad you guys had fun with this one. Feel free to post similar hypothetical questions. I kinda like these.
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Cheap Answer: Go to my nearest Walmart/Grocery Store (10 minutes away from me)and max out all of the vanilla visa debit cards with the $1 million but after fees it wonβt be $1 million but I would still spend the million.
Actual Answer: Luckily Iβm in a prime spot where I live that Iβm 20 minutes away from Lamborghini, Aston Martin, and other luxury car dealerships. So Iβd go there and purchase how many cars I can with the million. After I sign, sell them back to the dealership or sell them privately.
Do you really think they are not going to call the cops if a dude shows up with $1 million in cash to buy cars, asking to speed up the transaction? No way are they not gonna.