I understand that this question is subjective, therefore subject to interpretation.
If your answer shows little intelligence please believe that it will not be picked.
2006-09-11 18:23:12 · 17 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
Keep some to spend - maybe $100,000 and invest the rest in something secure.
Try fixed rate annuities, preferred stocks, tax exempt bond funds, stocks etc. Your portfolio should be diversified. Get some financial advice and do your research on the net. Don't buy anything you haven't researched.
2006-09-11 18:33:57 · answer #1 · answered by Roswellfan 3 · 2⤊ 0⤋
I would take $250k ($50k x5) and buy 5 single family investment properties in OKC as the prices are reasonable, and rents are good by putting 25% down on ~$180k houses plus closing costs.
The i would take $100k and pay down some existing mortgages to lock in the interest rate (6+%) saving for 25+ years.
$75k would go into 5 cd's ($15k each) each purchased a year a part so each year $15k + interest would expire incase of emergencies.
The last $k75 would go into a well managed high risk high return 50%+ hedge fund.
2006-09-12 01:32:10 · answer #2 · answered by ken 3 · 0⤊ 0⤋
I would start several businesses in a small town. Bring them up a bit, make people want to live there. Give money to the schools ect. THEN I would build houses, apt buildings, ect. Sooner or later everyone in the town would either work for me or pay me rent. I'd probably become the mayor. Then I repeat these steps with the WORLD!!! ha ha ha (think Alaster Crane from Passions)
JK - I would build myself a house and start a diaper service or something to do with babies or kids.
2006-09-12 01:33:51 · answer #3 · answered by scooter_jinx2 1 · 0⤊ 0⤋
I would spend a week at the Mayo Clinic to find out why I'm always in pain. With the rest if there is anything I would fix my mother's roof, so she'll stop stressing, take my g-son somewhere special because we don't have the opportunity to spend quality time together and get new glasses so I can see to help him with his homework.
2006-09-12 01:29:17 · answer #4 · answered by areyoukidding 4 · 1⤊ 0⤋
I would buy a nice piece of property in a good location and build a nice house on it. I would research the location for appreciation values in the future since I would leave it to my grandchildren. I own my home and property and there is no better feeling than to have no mortgage payments each month.
2006-09-12 01:28:32 · answer #5 · answered by Anonymous · 1⤊ 0⤋
Buy a reasonable house, pay off my student loans/debt, get a new car, pay for my wedding, pay off my mom's debts and give her a bit.....give my man some $$ to pay off his debt. I would also give about $1000 to some charity...don't know exactly which. I would then invest the rest...wow, that would be nice :o)
2006-09-12 01:32:39 · answer #6 · answered by ♥austingirl♥ 6 · 0⤊ 0⤋
invest and act like i didn't have $500,000
take the interest when I needed to, and pay all of my bills off
never quit my job
Don't just blow the money... thats like these lotto winners that are broke within 3 yrs after winning 50 million... dumb
2006-09-12 01:30:45 · answer #7 · answered by Hard Crowbar 4 · 1⤊ 0⤋
Invest....
Real Estates, Mutual Funds, CDs, and Stocks, Bonds.
That's all....
2006-09-12 01:28:50 · answer #8 · answered by Calvin 2 · 2⤊ 0⤋
Go on a holiday, give some to family, invest in property.
2006-09-12 01:39:13 · answer #9 · answered by leanna1700 2 · 0⤊ 1⤋
Invest in property or create a business
2006-09-12 01:28:58 · answer #10 · answered by Anonymous · 1⤊ 1⤋