Would you still work? Give it all away? Make another million? How?
2006-10-04 02:06:52 · 13 answers · asked by Anonymous in Business & Finance ➔ Investing
Sadly, being fairly young, that's not enough to retire.
I'd pay off my mortgage in full. Interest income is not tax deductible where I live, so paying off debt as as good as a guaranteed return of the mortgage rate - after tax.
I'd seriously think about quitting my current job, though its not decent. I'd probably spend more time with my young kids, and do a part-time masters degree, maybe more. Basically, its not enough to retire, but its enough to remove any mid-term financial needs. I could enjoy my young kids, and work on positioning myself for higher salary 5-10 years down the road.
2006-10-04 03:30:11 · answer #1 · answered by kheserthorpe 7 · 0⤊ 0⤋
I would pay off my bills, set some away for my girls college tuition and invest. I would also open a bakery so I would still work but it would be fun b/c that is what I want to do someday anyway.
2006-10-04 09:15:20 · answer #2 · answered by Anjanette A 3 · 0⤊ 0⤋
do you have:? We should be 50:50 partners !!! I would turn into millions by beginning a business , buying land and selling it costlier than its price , donate a bit , and deposting it in a good bank( turning it in 1 year to 2 millions)
2006-10-04 09:17:08 · answer #3 · answered by Princess 2 · 0⤊ 0⤋
Pay off my house. Get a car and give some to animal charities.
2006-10-04 09:10:23 · answer #4 · answered by Anonymous · 1⤊ 0⤋
I will still continue to work and live as humble as I can. Charities and investments will be involved as well.
2006-10-04 09:13:02 · answer #5 · answered by JP E 4 · 0⤊ 0⤋
Pay my debts, help my family out, invest and give some to charity.
2006-10-04 09:08:54 · answer #6 · answered by natalie 1 · 1⤊ 0⤋
I would give it to the needy. Not to a charity, but actually go out and find the needy people.
2006-10-04 09:09:41 · answer #7 · answered by Anonymous · 1⤊ 0⤋
Pay off my house,invest the rest.
2006-10-04 09:14:57 · answer #8 · answered by Anonymous · 0⤊ 0⤋
dear friend
then I will be financially free. I would be investing it smartly to increase it ever and ever and fulfill my dreams and help others to fulfill their dreams and do charity.
have gr8 day
raj
2006-10-04 09:15:48 · answer #9 · answered by dreamsunltd 3 · 0⤊ 0⤋
Buy an icecream
2006-10-04 09:13:01 · answer #10 · answered by Anonymous · 0⤊ 0⤋