Go to Post We always cut our parts to a tolerance of /- the width of that particular sharpie mark. - Whippet [more]
Home
Go Back   Chief Delphi > Other > Chit-Chat
CD-Media   CD-Spy  
portal register members calendar search Today's Posts Mark Forums Read FAQ rules

 
Reply
Thread Tools Rate Thread Display Modes
  #1   Spotlight this post!  
Unread 28-11-2012, 13:46
IndySam's Avatar
IndySam IndySam is offline
Registered User
FRC #0829 (Digital Goats)
Team Role: Mentor
 
Join Date: Nov 2005
Rookie Year: 2004
Location: Indy
Posts: 3,361
IndySam has a reputation beyond reputeIndySam has a reputation beyond reputeIndySam has a reputation beyond reputeIndySam has a reputation beyond reputeIndySam has a reputation beyond reputeIndySam has a reputation beyond reputeIndySam has a reputation beyond reputeIndySam has a reputation beyond reputeIndySam has a reputation beyond reputeIndySam has a reputation beyond reputeIndySam has a reputation beyond repute
Powerball!

The Powerball Lottery is over $550 million right now, what would you do if you won!




-disclaimer- this is in no way meant to be an encouragement of gambling, it's just a fun exercise in dreaming.
__________________
"Champions are champions not because they do anything extraordinary but because they do the ordinary things better than anyone else." —Chuck Knoll


2015 Indianapolis District Winner
2014 Boilermaker Regional Industrial Design Award
2013 Smoky Mountain Regional Industrial Design Award
2012 Boilermaker Engineering Excellence Award
2010 Boilermaker Rockwell Innovation in Control Award.
2009 Buckeye J&J Gracious Professionalism Award
2009 Boilermaker J&J Gracious Professionalism Award
2008 Boilermaker J&J Gracious Professionalism Award
2007 St Louis Regional Winners
Reply With Quote
  #2   Spotlight this post!  
Unread 28-11-2012, 13:51
Andrew Lawrence
 
Posts: n/a
Re: Powerball!

Fund ALL the underfunded teams!
Reply With Quote
  #3   Spotlight this post!  
Unread 28-11-2012, 14:11
Clinton Bolinger's Avatar
Clinton Bolinger Clinton Bolinger is offline
FF - PureMichigan
FRC #2337 (EngiNERDs)
Team Role: Coach
 
Join Date: Dec 2006
Rookie Year: 2001
Location: Grand Blanc, MI
Posts: 476
Clinton Bolinger has a reputation beyond reputeClinton Bolinger has a reputation beyond reputeClinton Bolinger has a reputation beyond reputeClinton Bolinger has a reputation beyond reputeClinton Bolinger has a reputation beyond reputeClinton Bolinger has a reputation beyond reputeClinton Bolinger has a reputation beyond reputeClinton Bolinger has a reputation beyond reputeClinton Bolinger has a reputation beyond reputeClinton Bolinger has a reputation beyond reputeClinton Bolinger has a reputation beyond repute
Re: Powerball!

You know what I would do if I had 550 million dollars? I would invest half of it in low risk mutual funds and then take the other half over to my friend Asadulah who works in securities...

-Clinton-
__________________
Reply With Quote
  #4   Spotlight this post!  
Unread 28-11-2012, 14:16
Koko Ed's Avatar
Koko Ed Koko Ed is offline
Serial Volunteer
AKA: Ed Patterson
FRC #0191 (X-Cats)
Team Role: Mentor
 
Join Date: Mar 2002
Rookie Year: 2002
Location: Rochester,NY
Posts: 22,941
Koko Ed has a reputation beyond reputeKoko Ed has a reputation beyond reputeKoko Ed has a reputation beyond reputeKoko Ed has a reputation beyond reputeKoko Ed has a reputation beyond reputeKoko Ed has a reputation beyond reputeKoko Ed has a reputation beyond reputeKoko Ed has a reputation beyond reputeKoko Ed has a reputation beyond reputeKoko Ed has a reputation beyond reputeKoko Ed has a reputation beyond repute
Re: Powerball!

I would buy a nice place for my team to build in. A nice truck to transport the robot back and forth to events and sign them up for as many events as they could stand.
And that's just for starters.
__________________
Reply With Quote
  #5   Spotlight this post!  
Unread 28-11-2012, 14:17
Koko Ed's Avatar
Koko Ed Koko Ed is offline
Serial Volunteer
AKA: Ed Patterson
FRC #0191 (X-Cats)
Team Role: Mentor
 
Join Date: Mar 2002
Rookie Year: 2002
Location: Rochester,NY
Posts: 22,941
Koko Ed has a reputation beyond reputeKoko Ed has a reputation beyond reputeKoko Ed has a reputation beyond reputeKoko Ed has a reputation beyond reputeKoko Ed has a reputation beyond reputeKoko Ed has a reputation beyond reputeKoko Ed has a reputation beyond reputeKoko Ed has a reputation beyond reputeKoko Ed has a reputation beyond reputeKoko Ed has a reputation beyond reputeKoko Ed has a reputation beyond repute
Re: Powerball!

Quote:
Originally Posted by Clinton Bolinger View Post
You know what I would do if I had 550 million dollars? I would invest half of it in low risk mutual funds and then take the other half over to my friend Asadulah who works in securities...

-Clinton-
If I didn't know any better, Clinton, I'd think you were a responsible adult.
__________________
Reply With Quote
  #6   Spotlight this post!  
Unread 28-11-2012, 14:20
MrForbes's Avatar
MrForbes MrForbes is online now
Registered User
AKA: Jim
FRC #1726 (N.E.R.D.S.)
Team Role: Mentor
 
Join Date: Feb 2006
Rookie Year: 2006
Location: Sierra Vista AZ
Posts: 6,017
MrForbes has a reputation beyond reputeMrForbes has a reputation beyond reputeMrForbes has a reputation beyond reputeMrForbes has a reputation beyond reputeMrForbes has a reputation beyond reputeMrForbes has a reputation beyond reputeMrForbes has a reputation beyond reputeMrForbes has a reputation beyond reputeMrForbes has a reputation beyond reputeMrForbes has a reputation beyond reputeMrForbes has a reputation beyond repute
Re: Powerball!

Since I didn't buy a ticket.....oh, wait, that doesn't really affect the odds against me winning. Which are pretty darn close to zero either way.
Reply With Quote
  #7   Spotlight this post!  
Unread 28-11-2012, 15:12
Unsung FIRST Hero
JVN JVN is offline
@JohnVNeun
AKA: John Vielkind-Neun
FRC #0148 (Robowranglers)
Team Role: Engineer
 
Join Date: May 2001
Rookie Year: 2000
Location: Greenville, Tx
Posts: 3,159
JVN has a reputation beyond reputeJVN has a reputation beyond reputeJVN has a reputation beyond reputeJVN has a reputation beyond reputeJVN has a reputation beyond reputeJVN has a reputation beyond reputeJVN has a reputation beyond reputeJVN has a reputation beyond reputeJVN has a reputation beyond reputeJVN has a reputation beyond reputeJVN has a reputation beyond repute
Re: Powerball!

Quote:
Originally Posted by Clinton Bolinger View Post
You know what I would do if I had 550 million dollars? I would invest half of it in low risk mutual funds and then take the other half over to my friend Asadulah who works in securities...

-Clinton-
I'd build two robots at the same time.
Reply With Quote
  #8   Spotlight this post!  
Unread 28-11-2012, 15:20
Zflash's Avatar
Zflash Zflash is offline
Registered User
AKA: Erich Zende
FRC #1319 (Flash)
Team Role: Mentor
 
Join Date: Jan 2008
Rookie Year: 1999
Location: South Carolina
Posts: 263
Zflash has much to be proud ofZflash has much to be proud ofZflash has much to be proud ofZflash has much to be proud ofZflash has much to be proud ofZflash has much to be proud ofZflash has much to be proud ofZflash has much to be proud ofZflash has much to be proud ofZflash has much to be proud of
Re: Powerball!

Quote:
Originally Posted by Clinton Bolinger View Post
You know what I would do if I had 550 million dollars? I would invest half of it in low risk mutual funds and then take the other half over to my friend Asadulah who works in securities...

-Clinton-
Quote:
Originally Posted by JVN View Post
I'd build two robots at the same time.
I would hire a couple of efficiency experts to help out the team.
__________________
Peachtree '08 Champion Thanks 343 & 547
Galileo '07 Champion Thanks 173 & 1902
Palmetto '07 Champion Thanks 832 & 342
Boilermaker '06 Champion Thanks 1272 & 85
Reply With Quote
  #9   Spotlight this post!  
Unread 28-11-2012, 15:23
Akash Rastogi Akash Rastogi is offline
Jim Zondag is my Spirit Animal
FRC #2170 (Titanium Tomahawks)
Team Role: Mentor
 
Join Date: Feb 2007
Rookie Year: 2006
Location: Manchester, Connecticut
Posts: 7,003
Akash Rastogi has a reputation beyond reputeAkash Rastogi has a reputation beyond reputeAkash Rastogi has a reputation beyond reputeAkash Rastogi has a reputation beyond reputeAkash Rastogi has a reputation beyond reputeAkash Rastogi has a reputation beyond reputeAkash Rastogi has a reputation beyond reputeAkash Rastogi has a reputation beyond reputeAkash Rastogi has a reputation beyond reputeAkash Rastogi has a reputation beyond reputeAkash Rastogi has a reputation beyond repute
Re: Powerball!

Quote:
Originally Posted by Clinton Bolinger View Post
You know what I would do if I had 550 million dollars? I would invest half of it in low risk mutual funds and then take the other half over to my friend Asadulah who works in securities...

-Clinton-
Well I'd have to take half of that because of taxes...

THEN I'd give it to my brother or cousin who are both the managing principals of hedge funds.

Pay student loans, help the parents pay off the house, cars, any debt, etc...


And THEN I would purchase a bunch of stuff for the teams I am involved with. Being able to give away money would be the coolest feeling. A huge warehouse open to all teams with tons of equipment and a field.
__________________
My posts and opinions do not necessarily reflect those of my affiliated team.
['16-'xx]: Mentor FRC 2170 | ['11-'13]: Co-Founder/Mentor FRC 3929 | ['06-'10]: Student FRC 11 - MORT | ['08-'12]: Founder - EWCP (OG)
Reply With Quote
  #10   Spotlight this post!  
Unread 28-11-2012, 15:27
JesseK's Avatar
JesseK JesseK is offline
Expert Flybot Crasher
FRC #1885 (ILITE)
Team Role: Mentor
 
Join Date: Mar 2007
Rookie Year: 2005
Location: Reston, VA
Posts: 3,695
JesseK has a reputation beyond reputeJesseK has a reputation beyond reputeJesseK has a reputation beyond reputeJesseK has a reputation beyond reputeJesseK has a reputation beyond reputeJesseK has a reputation beyond reputeJesseK has a reputation beyond reputeJesseK has a reputation beyond reputeJesseK has a reputation beyond reputeJesseK has a reputation beyond reputeJesseK has a reputation beyond repute
Re: Powerball!

I'd pay off the mortgages of my new house, my in-laws, and my parents. Then I'd pay off the student loan debt of a couple of good people I know who've decided to take the risk of becoming a doctor, vet, (etc) on their own dime. Then I'd quit my job (even though I really do like it, there are other things I'd like to do). Yea I would. I'd invest $15m in some low-yield low-risk trust fund and live off of dividends for life.

Then I'd purchase some industrial-sized property and setup a trust fund for its continued maintenance (grounds maintenance, property tax, etc) so that it's paid up for life, for the most part.

With whatever's left I wouldn't create a space for my team (gasp!). I'd create a space for my own robot projects that any robotics team could use (you know, VRC/FTC fields, FLL tables, 1 FRC field) when my other pet robot projects didn't need the space. I'd get my own tooling and some 'for public robot team use' tooling, stipulating supervision when using the good stuff (like any machine shop does already, tbh).

It'd be enough space to house local non-profit's equipment, hold community meetings, etc.

Pretty cool dream, I think.
__________________

Drive Coach, 1885 (2007-present)
CAD Library Updated 5/1/16 - 2016 Curie/Carver Industrial Design Winner
GitHub
Reply With Quote
  #11   Spotlight this post!  
Unread 28-11-2012, 15:38
Chris is me's Avatar
Chris is me Chris is me is offline
no bag, vex only, final destination
AKA: Pinecone
FRC #0228 (GUS Robotics); FRC #2170 (Titanium Tomahawks)
Team Role: Mentor
 
Join Date: Dec 2008
Rookie Year: 2006
Location: Glastonbury, CT
Posts: 7,720
Chris is me has a reputation beyond reputeChris is me has a reputation beyond reputeChris is me has a reputation beyond reputeChris is me has a reputation beyond reputeChris is me has a reputation beyond reputeChris is me has a reputation beyond reputeChris is me has a reputation beyond reputeChris is me has a reputation beyond reputeChris is me has a reputation beyond reputeChris is me has a reputation beyond reputeChris is me has a reputation beyond repute
Send a message via AIM to Chris is me
Re: Powerball!

First, I'd take the $360 million lump sum. Between inflation and investment, it would be much safer. Even after taxes (let's assume 50%) that's still $180 million.

I would set aside enough of the money so that I could live off interest indefinitely. Even a 2-3% interest rate on $50 million is still PLENTY to live on. Maybe $30 million more as a "touchable" fund to buy large things (a house, a car, etc).

With the remaining $100 million, I'd pay for school and start a small engineering related business once I graduate. Plenty of funding for a robotics team, of course.

Of course, I would never buy a lottery ticket.
__________________
Mentor / Drive Coach: 228 (2016-?)
...2016 Waterbury SFs (with 3314, 3719), RIDE #2 Seed / Winners (with 1058, 6153), Carver QFs (with 503, 359, 4607)
Mentor / Consultant Person: 2170 (2017-?)
---
College Mentor: 2791 (2010-2015)
...2015 TVR Motorola Quality, FLR GM Industrial Design
...2014 FLR Motorola Quality / SFs (with 341, 4930)
...2013 BAE Motorola Quality, WPI Regional #1 Seed / Delphi Excellence in Engineering / Finalists (with 20, 3182)
...2012 BAE Imagery / Finalists (with 1519, 885), CT Xerox Creativity / SFs (with 2168, 118)
Student: 1714 (2009) - 2009 Minnesota 10,000 Lakes Regional Winners (with 2826, 2470)
2791 Build Season Photo Gallery - Look here for mechanism photos My Robotics Blog (Updated April 11 2014)
Reply With Quote
  #12   Spotlight this post!  
Unread 28-11-2012, 16:09
Foster Foster is offline
Engineering Program Management
VRC #8081 (STEMRobotics)
Team Role: Mentor
 
Join Date: Jul 2007
Rookie Year: 2005
Location: Delaware
Posts: 1,393
Foster has a reputation beyond reputeFoster has a reputation beyond reputeFoster has a reputation beyond reputeFoster has a reputation beyond reputeFoster has a reputation beyond reputeFoster has a reputation beyond reputeFoster has a reputation beyond reputeFoster has a reputation beyond reputeFoster has a reputation beyond reputeFoster has a reputation beyond reputeFoster has a reputation beyond repute
Re: Powerball!

You are invited to the grand opening of the Philadelphia STEAM Factory, a 150,000 sqft facility to support the communities activities in Science, Technology, Engineering, Arts and Mathematics. The STEAM Factory has a wide variety of hand and power tools along with state of the art 3-D milling machines, plastic and metal printers, water and laser jet cutting facilities. CAD design systems are also available.

The Factory also has a parts inventory that covers building supplies from Andy-Mark, VEX Robotics, Adafruit, Sparkfun, Este Rockets and McMaster-Carr.

Builders will be able to take classes and construct their own designs. Individual storage space is available. The facility is open 24 hours a day, 7 days a week and is staffed with knowledgeable builders and designers.

For robotics enthusiasts there is a full sized field for VEX, FIRST, BOTBALL and SeaPerch events for practice.

I should be able to blow the entire 500 million in a few years
__________________
Foster - VEX Delaware - 17 teams -- Chief Roboteer STEMRobotics.org
2010 - Mentor of the Year - VEX Clean Sweep World Championship
2006-2016, a decade of doing VEX, time really flies while having fun
Downingtown Area Robotics Web site and VEXMen Team Site come see what we can do for you.
Reply With Quote
  #13   Spotlight this post!  
Unread 28-11-2012, 17:40
Michael Hill's Avatar
Michael Hill Michael Hill is offline
Registered User
FRC #3138 (Innovators Robotics)
Team Role: Mentor
 
Join Date: Jul 2004
Rookie Year: 2003
Location: Dayton, OH
Posts: 1,576
Michael Hill has a reputation beyond reputeMichael Hill has a reputation beyond reputeMichael Hill has a reputation beyond reputeMichael Hill has a reputation beyond reputeMichael Hill has a reputation beyond reputeMichael Hill has a reputation beyond reputeMichael Hill has a reputation beyond reputeMichael Hill has a reputation beyond reputeMichael Hill has a reputation beyond reputeMichael Hill has a reputation beyond reputeMichael Hill has a reputation beyond repute
Re: Powerball!

Quit my job and start my own business with no loans.
Reply With Quote
  #14   Spotlight this post!  
Unread 28-11-2012, 17:51
Jay O'Donnell's Avatar
Jay O'Donnell Jay O'Donnell is online now
Division by Pirates
FRC #0229 (Division by Zero)
Team Role: Mentor
 
Join Date: Apr 2012
Rookie Year: 2012
Location: Potsdam, NY/Londonderry, NH
Posts: 1,347
Jay O'Donnell has a reputation beyond reputeJay O'Donnell has a reputation beyond reputeJay O'Donnell has a reputation beyond reputeJay O'Donnell has a reputation beyond reputeJay O'Donnell has a reputation beyond reputeJay O'Donnell has a reputation beyond reputeJay O'Donnell has a reputation beyond reputeJay O'Donnell has a reputation beyond reputeJay O'Donnell has a reputation beyond reputeJay O'Donnell has a reputation beyond reputeJay O'Donnell has a reputation beyond repute
Re: Powerball!

Use it to bribe FIRST into letting me see the game earlier In all seriousness pay off loans and mortgages for my family members and use the rest to help me pay for college and get myself into a good situation in post-formal education life.

Too bad I'm not a gambler...or over 18
__________________
Student on Team 1058 (2012-2015)
Mentor on Team 229 (2016-Present)
Writer for Blue Alliance Blog
Reply With Quote
  #15   Spotlight this post!  
Unread 28-11-2012, 18:26
efoote868 efoote868 is offline
foote stepped in
AKA: E. Foote
FRC #0868
Team Role: Mentor
 
Join Date: Mar 2006
Rookie Year: 2005
Location: Noblesville, IN
Posts: 1,416
efoote868 has a reputation beyond reputeefoote868 has a reputation beyond reputeefoote868 has a reputation beyond reputeefoote868 has a reputation beyond reputeefoote868 has a reputation beyond reputeefoote868 has a reputation beyond reputeefoote868 has a reputation beyond reputeefoote868 has a reputation beyond reputeefoote868 has a reputation beyond reputeefoote868 has a reputation beyond reputeefoote868 has a reputation beyond repute
Re: Powerball!

I'd seek out my rich uncle in Nigeria...



__________________
Be Healthy. Never Stop Learning. Say It Like It Is. Own It.

Like our values? Flexware Innovation is looking for Automation Engineers. Check us out!
Reply With Quote
Reply


Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 11:48.

The Chief Delphi Forums are sponsored by Innovation First International, Inc.


Powered by vBulletin® Version 3.6.4
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.
Copyright © Chief Delphi