and what would you do with it?
2006-08-22 18:39:29 · 13 answers · asked by Piffle 4 in Computers & Internet ➔ Internet
6% i rate ...
2006-08-22 18:45:24 · update #1
No. I would tell you to keep the money in the safest high interest yielding account you could. Then donate half of the after tax interest each year to building orphanages and supporting micro loans in small businesses in 3rd world countries. Take the other half and re-invest it so it begins to compound. That way your money perpetually helps humanity and steadily grows.
2006-08-22 18:53:02 · answer #1 · answered by thinker 1 · 1⤊ 1⤋
Yes - if the interest rate were 6% then I would look for some corporate or government bonds that offered a higher rate of return but were solid investments.
2006-08-22 18:50:47 · answer #2 · answered by LivingDownSouth 4 · 0⤊ 1⤋
What's the interest rate?
2006-08-22 18:41:58 · answer #3 · answered by empowered2008 3 · 0⤊ 1⤋
yes i would take it lol who wouldnt i would pay off all my bills find a good lawyer to veiw my sons medical records and share with my friends that also need the money. and give a big portion of it to the local ronald mcdonald house cause they need it more than me.
2006-08-22 18:43:48 · answer #4 · answered by Anonymous · 0⤊ 1⤋
Depends on your interest rate
2006-08-22 18:42:02 · answer #5 · answered by Anonymous · 0⤊ 1⤋
I'd probably open a savinga account and put half of it there, spend a couple hundred on myself and friends (who wouldn't?) and give the rest away.
2006-08-22 18:45:44 · answer #6 · answered by Anonymous · 0⤊ 1⤋
Yes. I would use it to pay for college. I'm broke. I only need $6,000 though. Keep the rest.
2006-08-22 18:44:50 · answer #7 · answered by trueblue88 5 · 0⤊ 1⤋
No, I'd end up having to pay you back about 1.2 million or more.
2006-08-22 18:45:22 · answer #8 · answered by jjc92787 6 · 1⤊ 1⤋
Damin straight i would, go stick it in an investment scheme that matures in a year, then give it back...
2006-08-22 18:43:20 · answer #9 · answered by nick_surflifesaver 2 · 0⤊ 1⤋
Depend on your fine print!
2006-08-22 18:50:39 · answer #10 · answered by Anonymous · 0⤊ 1⤋