I would pay for college, buy my car, and put the rest in the bank.
What would you do with your million dollars?
2006-12-12 14:09:44 · 6 answers · asked by letinplease 1 in Business & Finance ➔ Personal Finance
Invest and make more like I am doing now.
2006-12-12 14:28:27 · answer #1 · answered by Kitty 6 · 0⤊ 0⤋
First I would put at least half into a high rated managed fund, to earn an income for the rest of my life so that I don't have to work at a job I don't like. (Or for a boss I don't like) Second, pay off all my debts. Third, go shopping with what's left over.
2006-12-12 22:33:53 · answer #2 · answered by Ripplediane 4 · 0⤊ 0⤋
Pay off all my outstanding debts, buy a nice house (or two), invest as much as I can in retirement funds, and invest the rest after some charitable contributions to worthwhile causes.
2006-12-12 22:47:32 · answer #3 · answered by Vadalia 4 · 0⤊ 0⤋
First thing i will do is give 1/10 of it to my church,then buy me a 4 family House that I can use as the start of real estate investment. and give some to friends and family.
2006-12-12 22:55:51 · answer #4 · answered by ambasador 1 · 0⤊ 0⤋
Instead of putting "the rest in the bank", I would buy a property which I could choose to rent it out wholly or partly, and then split what remains into bank cds and blue-chip stocks equally.
2006-12-12 22:37:48 · answer #5 · answered by Alfretz T 3 · 0⤊ 0⤋
After I paid taxes, I would pay off my mortgage. Then, I probably would take a trip. The rest goes into the bank ... but ... I will know where it is and can tap it if I need to.
2006-12-12 22:13:30 · answer #6 · answered by istitch2 6 · 0⤊ 0⤋