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I would put it in a bank after a bought a big house and a great car. What would you do and why. Thanks in advance!

2006-08-13 04:07:05 · 10 answers · asked by Anonymous in Entertainment & Music Polls & Surveys

10 answers

Put it in the bank? Sounds like the first thing you would need to do is learn as much as you can about finance management or at least seek some sound advice from a financial planner BEFORE you even buy that house and car to make sure you maximize that money.

Depending on where you live, $2 million is not that much money (i.e. San Francisco or New York City), and you may not even have enough money left over to pay the property taxes on that house in those areas if you don't plan wisely.

I would research on investments I could make that would turn that $2 million into $10 million so I could retire in California before the age of 35! But then again I already own a nice house (4 bdrms, 3ba, 5 years old) and a nice car (Mercedes), and got all on that wth MUCH less than $2 million - you can do it too!

2006-08-13 04:41:53 · answer #1 · answered by YouDon'tKnowMe 3 · 0 0

i would just pay off my car i have now, buy a small house for my two sisters to live in together, then i would buy this beautiful house that i drive by everyday and fantasize about me and my boyfriend living there growing old together.....................(sigh)
also i would buy a suv cause i only have a 2 door cavalier, and its small. i guess if i had that much money i would take a vacation too since i have never been out of ohio and indianapolis.

2006-08-13 11:14:38 · answer #2 · answered by Anonymous · 0 0

have my dream house built, buy my dream car, and put the rest in the bank

2006-08-13 11:18:42 · answer #3 · answered by Anonymous · 0 0

I would put it in the bank at 5% interest. I would never touch the 2 mill only the interest it generated. (2 mill @ 5%= $100,000 per year)

2006-08-13 11:11:50 · answer #4 · answered by skipymcgoo 3 · 0 0

I'd pay off all bills...debts...ya kno...the basics. Then with any left...save it up for college or maybe buy myself a little gift..lol

2006-08-13 11:13:00 · answer #5 · answered by Anonymous · 0 0

I would pay off all my debt.
I would buy a house.
I would finish paying of my parent's house.
I would set up college trust funds for my niece and nephew
I would start my business
I would invest the rest, either in IRA's, stocks or something of the like.

2006-08-13 11:10:47 · answer #6 · answered by Autumn BrighTree 6 · 0 0

I would put all on the floor, get naked, roll around and have hot sex in it. Nice!

2006-08-13 11:14:20 · answer #7 · answered by Btieti 5 · 0 0

i'll tell you later after i thought of it

2006-08-13 11:10:18 · answer #8 · answered by ##$SoulStryker$## 7 · 0 0

about the same...pay off al my bills and debts

2006-08-13 11:10:11 · answer #9 · answered by nas88car300 7 · 0 0

I'd spend it.

2006-08-13 11:12:46 · answer #10 · answered by Anonymous · 0 0

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