First, give ten percent to a charity or to your church if for nothing more than good karma. Then decide exactly what motivates you in life and hire a business analyst/consultant so you can decide what type of business you should open or if you should just invest in already established businesses. $1 million may seem like a lot, but it's really not. If you don't invest properly, it's not going to last long.
2006-09-27 11:47:43
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answer #1
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answered by Writer of Truth 4
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What to do with 1- million dollar? If its just 1 bill, I would suggest framing it, LOL!! But if you really have $1-million dollars, I would suggest you purchase some life insurance, and make the beneficiaries your favorite non-profit or make generous donations to your favorite charity(s).. And then try to help those who helped you by giving them a little financial assistance.. Say, $300. to $3000.( Not if they are substance abusers or problem gamblers) each and then use it as a tax write off so uncle sam wont take it.. Oh yeah, you can even pay off come contractor- builders to build or restore some homes down in Louisiana, Mississippi and Alabama for those who lost everything and can't afford to help themselves.. God loves a cheerful giver especially when it comes from the heart. Not a guaranteed way to heaven but it wont hurt your chances either. You can also help someone who is looking to help others but don’t have the funds to get to the second step financially, like me.. : ))
2006-09-27 16:57:25
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answer #2
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answered by Teetee 2
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I"ll respond as if its a real not hypothetical million I can't answer what you should do, Its your million. I can say what I would do with a million to give you some ideas . Give 10 percent to each of my 5 brothersand sisters ,10 percent to my 2 chlidren , but out of their reach until they;re 30 so they dont waste it. 10 percent to charity , after careful study. The rest I keep invest in some property do some world travel , buy new tires for my 99 suzuki. You can spend it on sex and drugs if you want . but take the advice of some here, do something nice
2006-09-27 23:27:08
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answer #3
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answered by oldtreeplanter 2
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I would flip a few houses and try to double my money. There are a lot of rehab areas in urban cities and then If you wanted you could send me just a few dollars so that I could make my monthly bills like my rent that is gonna be past due if I don't come up with some money real soon........ Please
2006-09-27 18:43:48
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answer #4
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answered by Ginger C 2
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Either invest it for your retirement or if your retirement is already set there are plenty of community service groups that could use the money. Might I suggest Kiwanis International. Kiwanis is a global organization of volunteers dedicated to improving the world one child and one community at a time.
(I had to do the advertisement. lol).
2006-09-27 11:52:44
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answer #5
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answered by BD in NM 6
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Begin a pilot project where people can go to college and earn associates, bachelor, master degree or higher in "professional parenting." These parents who earn their degree would receive money for raising their children, who would be monitored as children in foster care, residential care etc. are. Slowly, parenting would become a profession with esteem and financial status and would be able to effect legislature. Then maybe less children would be abused, parents would feel empowered. We pay people to raise oil, chickens, etc, etc. Something needs to change for children, families and parents.
2006-09-27 12:43:36
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answer #6
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answered by qwestionz 2
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Not knowing how old you are.I would say make sure you put enough away to take good care of you when you get old. Think of what you used to say when I 'm rich I'm going to get? So go get it, Take care of yourself First and then pick a good charity or your church and donate something to them. You will have enough people and relatives come out of the woodwork and say they need this and they need that, And Enjoy..
2006-09-30 17:41:53
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answer #7
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answered by lennie 6
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buy some bums happy meals! buy a cool new car and a house with a lake and take some kids fishing and feed the ducks
2006-09-27 11:45:16
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answer #8
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answered by Emily May 11/10/08 :) 6
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I would open a restaurant,and the rest i would put it in the bank and freeze it for 5 years.
2006-09-27 11:45:16
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answer #9
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answered by buddy 2
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a million million eh? i'd probable make investments in bonds and cd's because they have low danger yet also low go back yet its extra ideal than intense danger intense go back. play it danger-free. possibly locate some stocks worth of shopping for...
2016-11-24 23:12:33
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answer #10
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answered by ? 4
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