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Gabe Newell caps off Steam Machine week by taking delivery of a new $500 million superyacht with a submarine garage, on-board hospital and 15 gaming PCs (www.pcgamer.com)

submitted 3 days ago by misk@piefed.social to c/games@sh.itjust.works

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[–] stoy@lemmy.zip 3 points 3 days ago (9 children)

Personally, if I had GabeN money to spend on a yacht, I would commission something similar to S/S Delphine, S/S Norrskär or / S/S Storskär, I love the classic lines of a late 1800s, early 1900s small ship.

Modern yachts/ships look so boring...

[–] sugar_in_your_tea@sh.itjust.works 4 points 3 days ago (5 children)

I would probably donate most of it to a worthy cause. I don't need anywhere near that amount of money, anything over $5M gets donated.

[–] Datz@szmer.info 1 points 2 days ago (2 children)

Why specifically $5M and not say $1M? Building a house should apparently cost you half of that, and I assume the rest is for investing into passive income?

I agree with the other guy, talk is cheap. I probably don't need a 4k TV or multiple consoles, but I immediately started planning and buying after a raise.

[–] sugar_in_your_tea@sh.itjust.works 1 points 2 days ago

I have three kids to support, and $1M would only produce about $30k/year in income if I use 3% withdrawal. I can't realistically use a higher withdrawal rate given how far I am from retirement.

I probably only need $2-3M (current spending is $60k or so), but $5M gives me plenty of cushion and lets me donate generously to causes I believe in. At $2-3M, I need to be careful when the economy is bad, $5M means I'll never need to worry about money again.

[–] brachiosaurus@mander.xyz 1 points 2 days ago

I would agree that 1M is enough to live comfortably, everything on top of that you are seeking luxury that you don't really need like an house in a fancy area or way to big

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