If a million dollars dropped into my lap, I would:
- Sell my house and apply 20% of the money to help buy a better house
- Buy long term care insurance for my parents and in-laws (I would set up an annuity for this, probably would have to set aside about $80,000)
- Set aside about $400,000 for private school once we have a child -- that money would probably be sitting in a long-term CD or possibly a diversified portfolio of stocks and bonds since I don't need it right away
- Fix up my existing house for resale (about $100K)
- $20K for travel (would like to see Kilimanjaro someday before the icecap completely melts)
- With the remaining $200,000, I would save that money for retirement and also have it in a diversified portfolio, placing as much as I can into tax-sheltered or tax-deferred investments.
2007-01-01 02:57:22
·
answer #1
·
answered by chris_in_columbia 2
·
0⤊
0⤋
why waste time in imagination. when i get it , i"ll decide. one person was carrying 20eggs home.then he thought i"ll not cook them,iLLget 20hens out of it. then 20hens will deliver100eggs in a week, then 100+20=120chickens n so on multiplying one day i"ll hv a lot of money. then buy a house- vehicle and finally get married.then hr thought if my wife will not obey me or ignore mei"ll hit her like this and he smashed all eggs on road.
now u decide????????/
2007-01-01 10:50:52
·
answer #2
·
answered by gk47 2
·
0⤊
0⤋
first i'll my mother a house, and a car to my brothers...then i'd get the hell out of here, go to europe and start a new living there, away from everything and everyone!
2007-01-01 10:41:34
·
answer #3
·
answered by no_bsht 2
·
0⤊
0⤋
i would buy my mom a new car and a house,then i would give some to charities.Maybe even start my own company
2007-01-01 10:42:09
·
answer #4
·
answered by angel 2
·
0⤊
0⤋
I'd build a recycling center.
2007-01-01 10:41:27
·
answer #5
·
answered by LuckyChucky 5
·
0⤊
0⤋
I invest mine so it keeps making more.
Easy easy !!
2007-01-01 11:56:04
·
answer #6
·
answered by Kitty 6
·
0⤊
0⤋