give me sopme advise.please
2007-01-31 14:22:23 · 21 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
mike g i was like you up to tonight
2007-01-31 14:44:29 · update #1
I'd quit lying and get a job.
2007-01-31 14:25:40 · answer #1 · answered by JD 4 · 1⤊ 0⤋
PAY ALL YOUR BILLS. BUY EVERYTHING IN CASH FOR THE FIRST (6) MONTHS. Slowly, invest the rest in mortgages, advertise that you will give a 90% mortgage at 3% above bank saving rate to anyone that can show income that will support the monthly payments at 30% or less.
This means, IF THE PROPERTY IS APPRAISED AT $100,000 - YOU WILL GIVE $90,000 IF THE NET INCOME IS 3.2 OR MORE TIMES THE MONTHLY PAYMENTS. Band savings rate is 2% to 3%, therefore you are charging 5% to 6%.
Just call a CPA, he can write up all the papers and do the math and advise how to go about collecting. If you spend a Million, have 2 million left, you will have an income of $10,000 a month. The principal when returned can be put in mutual funds, make sure that it is very diversified.
2007-01-31 14:43:39 · answer #2 · answered by whatevit 5 · 0⤊ 0⤋
Spend £500K on a nice, big hoose, a couple of cars and a long holiday. Find a decent accountant, invest the rest and just live off the interest (after taxation). (But I'm sure those friendly folk at the lottery would have already suggested the latter when they sent a financial advisor your way - which seems to be standard practice.)
2007-01-31 14:37:05 · answer #3 · answered by Simon D 3 · 0⤊ 1⤋
stop taking the piss no one wins 3 million then spends there sodding time on the net to piss people off.
we spend time on the net to relieve boredom not brag if you have just won 3 million quid put it to good affect by giving it to the nspcc, children in need or donate it at the up & coming red nose day then buy your big fancy car & your 1 million pound house, set up a buisness & use the net to find clients & not piss us poor sods off.
i really hope this helps (not)
2007-01-31 14:41:48 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Take some English language courses and learn to spell.Then invest the rest in getting lost.
2007-02-04 10:37:59 · answer #5 · answered by coolkebab 4 · 0⤊ 0⤋
Invest 95% of it, and live off the earnings. Buy some ATT stock, and several good mutual funds. Get a financial adviser, don't waste it, you could live on it the rest of your life, if you invest it wisely.
Spend the 5% for fun.
2007-01-31 14:28:34 · answer #6 · answered by Anonymous · 0⤊ 1⤋
3 million dollars at %5 int in a cd is $151,000 per year with out touching the capital. 150k yearly you could live nicely and always have piece of mind w/o having to work
2007-01-31 14:34:25 · answer #7 · answered by Todd C 4 · 0⤊ 1⤋
Make lots of paper aeroplanes out of the notes, then fly them all in my direction, (I've been meaning to do some plane spotting for ages)...... failing that, a cheque will do.
2007-01-31 14:32:43 · answer #8 · answered by Polo 7 · 1⤊ 0⤋
buy 3 million scratchcards
and you might win another jackpot
2 in 1 week thats unreal man
2007-01-31 14:54:31 · answer #9 · answered by Anonymous · 0⤊ 0⤋
There are short term fix deposit available that you may like to consider. 6months or 12months with high interest. There's the common saying, "The rich get richer.."
2007-01-31 14:27:16 · answer #10 · answered by Tan Y 2 · 0⤊ 1⤋