Where I’d Put EVERYTHING If I Won $100M?

Grand theft auto strategy

Sep 06, 2022

I used to play a controversial video game called Grand Theft Auto back in college.

There was a stock market in that game and you could also buy real estate all around Los Angeles.

You were a bank robber in the game and you would complete heists and had about $5-10 million when you completed the main storyline.

The beauty of that game is you could go around causing mass chaos for endless hours and you could buy all kinds of military vehicles, planes, weapons, etc..

I didn’t want to use cheat codes so I needed a way to make my loot, $10 million, last forever…

So I did what I have now called the “grand theft auto strategy.”

I took 90% of that cash and invested it in the stock market in some undervalued stocks of companies who had just seen mayhem in the actual game.

I then waited a few months (in game playing time) and then as the stocks came back, and some through the roof, I sold out and had made about a $1 billion.

The trick is even in a game like that $1 billion can go very quickly as you can obviously buy anything at your fingertips at any time.

So what was a college kid to do?

I went around and bought up the 30 or 40 pieces of real estate and businesses around Los Angeles that were available to me.

Then once a week I would get a message on my character’s cell phone from my property management company about the rent checks coming into my account.

It was about $250-$500k each week in Cashflow that would be deposited into my account.

This is the plan for real life as well.

This is why most people like lottery winners or athletes that come in to large sums of money go broke or are in financial trouble very quickly.

Their context regarding money and financial literacy has not grown and they do not understand how to make money or keep it.

Life lesson.

I have learned in my life that, “it is hard to obtain that which ye hath no plan to achieve.”

Money goes where is liked and stays where it is cared for, as people say.

Only when we increase our financial IQ can we then appropriately handle money and grow it.

Tale of two financial IQs…who did it better?

Australian women who got $10M in crypto by mistake and then bought a mansion with it instead of using the “GTA strategy.”

Then there is Trump who was given $2million and turned it in to billions.

He took the cash and bought more assets which pay for his lifestyle and family for generations.

So…if I were given that cash what would be the first moves I make?

My allocation of what I would do to ensure my family had wealth for ten generations…

The $100M plan:

$10M to charity - hard to receive if you aren’t generous and giving of your time and wealth. Tithing 10% to thank God for the resources you have been given.
$30M to commercial real estate - apartments, self storage, mobile homes, senior housing, car washes, laundromats
$5M to our Mitten Made Properties business - marketing, hiring, etc
$7M for our compound - land we live on
$3M survival - guns/ammo/security/food/energy
$10M collectibles- art/jewelry/classic cars
$10M bitcoin
$10M gold & silver
$10M dividend aristocrat stocks
$3M whole life insurance/bank accounts
$2M lend out in private equity deals

Remember…

Ultimately, at some point the money will run out.

We need to buy assets first that put money in our pocket each month.

Then once you have done that those assets can pay for your toys (liabilities.)

Remember to also: Set up family trusts with certain rules, set up the family wills, and make sure proper business entities like corporations/LLCs are set up to place assets in that then go inside the trust.

Happy investing!

Stay strong,