2006-06-29 00:45:38 · 12 answers · asked by Modest intellect 4 in Business & Finance ➔ Personal Finance
I personally would buy my own congressman, while they are on sale cheap. Later on they will get more expensive.
2006-06-29 01:07:05 · update #1
Send you half.
2006-06-29 00:48:33 · answer #1 · answered by Anonymous · 1⤊ 1⤋
It sounds boring, but I would invest wisely and safely into government short term bonds (since we have a rising rate invironment) and muni bonds to get tax free income. They are safe and getting 4-5% tax free (muni bonds only) on $1MM would be good income. Then I could live off of that 40-50k a year of tax free money plus as rates rise, I could cash in my short term bonds for higher coupons. The other option would be to buy real estate to rent out. In my area that would be 6-7 good houses with almost $1000 a month in rent (minus tax, ins and up keep it would be around $650 a month each). That is a good start to an empire. Plus with the real estate there is appriciation. The bond idea assumes no appriciation but letting them mature.
2006-06-29 11:53:44 · answer #2 · answered by mkostelnik@sbcglobal.net 2 · 0⤊ 0⤋
Pay off debt, buy a new car, give money to friends and relatives, and help poor people with housing, transportation, etc. We've all been in a bind and needed a boost to get back on track. I'd rather buy a small house and dependable car and help others than squander the money on only stupid things.
2006-06-29 07:52:50 · answer #3 · answered by cloudy5767 4 · 0⤊ 0⤋
well id get a jet plane an travel the world looking for a gurl who wont marry me for cash and i get a nifty new computer along the way n a psp n a playstation 3 and a 50 inch LCD sony tv and all those things would go in the plane with me then we would make a stop in france an pick up frnch gurl who only wear miniskirts and yea we would have fun !
but no sex of course
2006-06-29 07:49:36 · answer #4 · answered by Jimmy James 2 · 0⤊ 0⤋
I work with the elderly and disabled. Everyone would have ramps and remodels to make life better. I would plant fruit trees in my yard and fix my car and open a toy store that would be fun even if kids don't play with toys anymore.
2006-06-29 07:54:01 · answer #5 · answered by Laura B 3 · 0⤊ 0⤋
Pay off personal debt, as well as the debt of close family members. I'd also invest the remainder in stable companies and live off the dividends.
2006-06-29 07:49:33 · answer #6 · answered by Shadar 4 · 0⤊ 0⤋
I'd donate money to the Salvation Army because they are awesome - they help people - yes, even people in the US who are hard working and fall on hard times.
I would get myself a new car.
I would make sure my kids and grandkids are taken care of.
2006-06-29 07:53:25 · answer #7 · answered by butterfliesRfree 7 · 0⤊ 0⤋
Buy a house and give chunks to family members and maybe a couple of friends.
2006-06-29 07:50:22 · answer #8 · answered by booboo 7 · 0⤊ 0⤋
Fly back to England , hire a room in a fancy hotel and invite all my family and friends to party.
2006-06-29 07:49:21 · answer #9 · answered by reikirach 1 · 0⤊ 0⤋
Finally go to disney world, put one third away and open a domesticated rodent rescue center.( guinea pigs, hamsters)
2006-06-29 08:00:36 · answer #10 · answered by lisa b 2 · 0⤊ 0⤋
Pay off my house, and my parents' house.
2006-06-29 07:49:14 · answer #11 · answered by my brain hurts 5 · 0⤊ 0⤋