If you have a MILLION?

Question

If you have a million on your pocket now, how will you spend it.
Allocate it in 5 way.

Answer 1

1. I'd buy enough valium so I wouldnt have to feel the daily pain I have to endure everyday.

2. I'd buy every music cd I ever wanted

3. I'd put 1/5 of it in a trust fund for my niece

4. I'd put another 1/5 of it in a trust fund for my great niece

5. Id put the last 1/5 of it in a trust fund for my yet unborn great nephew

Answer 2

First, pay off my current student loans, my credit cards and the amount I own on my 'cozy' apartment condominium. Then I would let my mom move into my condo and have her rent out her house so that she can have a better retirement.

Then, I'd buy a nice house. Something that includes one level living with at least one level on the main floor in case me or someone in my family became handicap.

Third, I would go from fulltime with overtime to working just parttime, probably 30 hours a week so I can keep my benefits until I figure out what I want to do.

Over the next few years the money would help me finish my degree (right now I am 23 and it feels like I will be 40 before I get my bachelors.) Also make sure there is a fund set up for MY children to go to college so they don't have to work and take care of a family while trying to put themselves through school.

Finally, I would use a lot of money to set up funds for scholarships, donate to food banks and programs that help people who just need help to get on their feet.

Answer 3

I would invest all of it in various types of real estate & related investments, and put some into my startup computer business. I could live off the interest and be fine though. I would make it so within a few years I would never have to work again and I could go and spend my time serving people and my church and enjoying life.

Answer 4

1. Buy 1000 shares of Google stock $505,000
2. Buy 1000 shares of Apple stock $91,000
3. Buy 1000 shares of Mastercard stock $105,000
4. Buy my parents a new home and pay off their debt.
$100,000
5. Put money into two trusts for my niece and nephew for college.
$20,000 each
6. Buy my grandfather, the farmer, a ford supercab diesel $30,000
7. Buy my grandfather, retired air force colonel, a cadillac $30,000
8. Pay off current student loans $30,000
9. Set aside money to finish school $30,000
10. Take off school and travel around the world until the remaining money was gone and then return to school. $39,000

Got a million? LOL!

Answer 5

1. Buy a car ($20-35,000)
2. Buy a house ($200,000)
3. Buy my old family home ($120,000)
4. Give my mom and dad a very long vacation ($100,000)
5. Bank the rest to save for college or buy wholesale items to resell and make more $$$. Possibly create a clothing store.

Answer 6

If I have a million $$, I would spent it in the folllowing 5 ways:
1. Set up a trust fund for all War veterans from WWII to Present.$200,000
2. Set up a trust fund for all senior citizen on a universal health plan where they can get medication at a lower rate.$200,000
3. Set up a trust fund for breast cancer development for its patients.$200,000
4. Set up a trust fund for Alzeimer (sp) for its patients.$200,000
5. and buy myself a house. $200,000

Answer 7

I'd start an organization to help aid the people in third world countries.

Answer 8

I would pay off my son's mortgage. Then write a check to my investment account so it can start making me more $ $ .

Answer 9

I would not spend it i would invest it.When you invest, the money will come back to you,but when you spend the money is gone.

Answer 10

REAL ESTATE

REAL ESTATE

REAL ESTATE

FIXXER UPPER, QUICK SALE ( DISTRESSED SELLER), LUXURY HOME TO WHOLESALE TO AN INVESTOR, AND ANOTHER FIXER, PREFERABLY COMMERCIAL PROPERTY.