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Speaker 1: You're listening to the Saturday Morning with Jack team podcast

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Speaker 1: from News Talks A B.

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Speaker 2: Jack, I would buy a big V eight ram and

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Speaker 2: then put a save the Planet sticker on the tail.

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Speaker 3: Jack.

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Speaker 2: The sensible thing to do is to invest the lot

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Speaker 2: and then live off the interest. Only you never touch

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Speaker 2: the principle you buy everything and on interest and then

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Speaker 2: share it with the family. Okay, so fifty million a year, yeah, okay,

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Speaker 2: you would probably you'd make you do pretty well out

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Speaker 2: of that. Ah, you do, you do very well out

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Speaker 2: of that. Indeed, what two hundred thousand dollars a year,

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Speaker 2: say four percent interest? You can get tax on that

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Speaker 2: a little bit, but surely that's more than most of

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Speaker 2: us need to get by thirty two ninety two is

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Speaker 2: the text number. I know that Kevin Miller will have

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Speaker 2: a lot of thoughts on this, given your experience Kevin

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Speaker 2: meeting lotto winners. A.

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Speaker 3: Yes, yeah, I made a TV show about this, and

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Speaker 3: as I've already told you on this, and it was

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Speaker 3: a real eye opener. Really, how many problems emerge if

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Speaker 3: you win a hell of a lot of money? I mean, obviously,

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Speaker 3: if you're smart and you can manage it all, it's

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Speaker 3: pretty good. But lotto doesn't look at potential winners and say, well,

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Speaker 3: I think this person could could handle it well, And

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Speaker 3: often that huge amounts of money ends up with people

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Speaker 3: who have nothing like the skills to be able to

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Speaker 3: deal with it. A couple of things I would say

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Speaker 3: right at the start, you said that you'd we're talking

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Speaker 3: about how many people you tell. If you could tell

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Speaker 3: only your partner and not even your kids, I'd recommend it,

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Speaker 3: really because your kids will sell people. And the other

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Speaker 3: thing is there are really critical things in terms say

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Speaker 3: you win fifty million, obviously you're going to sell out

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Speaker 3: your house and look for somewhere that you've always wanted

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Speaker 3: to go to. But what happens when your wife has

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Speaker 3: always wanted to go into the country and have horses

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Speaker 3: and I'm not no, and you want to go to

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Speaker 3: the beach and like you've outlined a certain peach.

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Speaker 2: Yeah, well, I mean it's the first world problem, isn't it?

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Speaker 2: But I can see how that actually, all of a

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Speaker 2: sudden having more options on the table can lead to

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Speaker 2: a few issues on that department.

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Speaker 3: Yeah. Oh, the key one that relationships would be does

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Speaker 3: your wife, does your partner? Does your partner or is

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Speaker 3: your partner living with you because of the financial situation,

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Speaker 3: which you've now sorted out.

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Speaker 2: Yeah.

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Speaker 3: Now you might say, well that's pretty hard, all the more.

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Speaker 2: Reason for me I take it.

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Speaker 1: Yeah.

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Speaker 3: Yeah, people give them the option to actually get up

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Speaker 3: and leave their partner because they've now got an endless

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Speaker 3: amount of money, like twenty five million. Yeah, it could

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Speaker 3: be the end of it.

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Speaker 2: Yeah, Well, there's a cheery night to kick us off,

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Speaker 2: as everyone heeds out tickets, So.

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Speaker 3: I've got an event cheerier though.

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Speaker 2: No, you do because you finally went on a cardio

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Speaker 2: resuscitation a CPR course last week.

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Speaker 3: Actually, I went on. I've been wanting to do this

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Speaker 3: for a hell of a long time at the age

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Speaker 3: of seventy five. To finally get there, I found it

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Speaker 3: absolutely riveting. It was unsettling, actually to find out how

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Speaker 3: much critical information I didn't know about cardiac arrest. I

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Speaker 3: didn't even realize that there was a difference between cardiac

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Speaker 3: arrest and a heart attack. I thought they were much

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Speaker 3: the same thing, but how you deal with each is

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Speaker 3: so different. I didn't realize cardiac arrest was so dangerous.

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Speaker 3: Ninety percent of people with cardiac arrests don't survive ninety percent.

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Speaker 3: I didn't realize that you have around ten minutes to

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Speaker 3: get oxygen to the brain of someone with cardiac arrest

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Speaker 3: before damage sets in. For every minute that passes without CPR,

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Speaker 3: the chance of survival decreased by now. I repeat, we're

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Speaker 3: not talking here about heart attacks. We're talking about cardiac arrests.

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Speaker 3: That's when someone suffers a malfunction in their heart's electrical system,

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Speaker 3: causing unconsciousness and also loss of heartbeat and pulse. That's

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Speaker 3: why it's so critical someone gets to an ambulance and

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Speaker 3: gets on with resuscitation. If somebody's got cardiac arrests. And

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Speaker 3: here's something else I didn't know. Mouth to mouth is

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Speaker 3: no longer part of that initial resuscitation. These courses don't

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Speaker 3: have you blowing in the mouth or the nose of

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Speaker 3: a one of those little mannequin less. It's about using

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Speaker 3: one hand on top of the other and weighing down

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Speaker 3: as how as you can on the patient's chest, pushing

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Speaker 3: their ribs up and up and down around about five

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Speaker 3: centimeters they suggest, which is pretty vigorous. Yes, this can break,

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Speaker 3: but no one that your say is going to care.

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Speaker 3: Of course, you're less vigorous on babies and children, And

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Speaker 3: one final thing I didn't know. People who've done and

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Speaker 3: approved CBR course can register on a responder app which

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Speaker 3: alerts them to suspected cardiac arrests in their neighborhood. They

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Speaker 3: can dash over and assist before emergency services arrived. I

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Speaker 3: think that's terrific. I'd never heard of it. Yeah, I

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Speaker 3: recommend listeners take the time to do a CBR course.

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Speaker 3: Mine took just two hours out of a day.

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Speaker 2: Jack. Yeah, this hans such a good thing to do, Kevin,

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Speaker 2: and you feel really well equipped as a result. Hey,

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Speaker 2: I haven't done one in years actually, and like you

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Speaker 2: say that, the sort of advice has changed in recent years,

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Speaker 2: so I think, yeah, that's a good little hurry up.

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Speaker 3: Actually, I think it's I think that whole mouth and

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Speaker 3: mouthing was a bit off putting and in some respects,

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Speaker 3: and so now it's much more straightforward. Yeah, it's very physical.

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Speaker 3: I mean, at my age and fitness, i'd be wanting

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Speaker 3: somebody else to be there, hopefully to sort of take

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Speaker 3: up the pushing and stuff, you know, after about a

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Speaker 3: couple of minute.

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Speaker 2: Yeah, I mean people do, like people break a reb

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Speaker 2: or break a sternum or something like that from time

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Speaker 2: to time, don't they It's it can be pretty vigorous,

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Speaker 2: but I mean that can be the difference between life

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Speaker 2: and death. So it's a really good point. Thank you, Kevin,

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Speaker 2: and thanks for your feedback. Said this is the problem. Never

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Speaker 2: do math live on air. I do it on Q

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Speaker 2: and A sometimes. What did I say, four percent of

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Speaker 2: fifty million is two hundred thousand? No it's not, Jack,

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Speaker 2: it's two million. Thank you for the math. Geeks have

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Speaker 2: immediately pointed out the problem. Am I arithmetically? Yeah, this

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Speaker 2: is the problem. I cannot conceptualize fifty million dollars right,

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Speaker 2: five million dollars okay, I can maybe kind of get

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Speaker 2: a rough conception of how much that would be, but

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Speaker 2: fifty million, who Jack, I wouldn't give the money to

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Speaker 2: charity in bulk. I would invest it and then you

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Speaker 2: donate the interest to charity so that the base is

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Speaker 2: never eroded. That way, as my interest change, I could

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Speaker 2: change what I helped to fund. It would give me

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Speaker 2: a reason to be really invested, not just in a

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Speaker 2: financial sense, but in a broader sense in what charities

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Speaker 2: are doing and achieving. Yeah, that's a good point, Jack.

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Speaker 2: With that kind of money you could probably afford to

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Speaker 2: buy us some really nice, big established trees. That's true.

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Speaker 2: And here's Scotty. I'm not going to read out Scotty's

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Speaker 2: cell phone number on here, but I am going to

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Speaker 2: make sure that I write it down because Scotti says this, Jack,

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Speaker 2: I have three tickets. I'll give you one go halves

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Speaker 2: if we win. Cheers. Sounds good to me, sounds excellent

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Speaker 2: to me.

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Speaker 1: For more from Saturday Morning with Jack Tame, listen live

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Speaker 1: to News Talks d B from nine am Saturday, or

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