What whould you do if someone gave you a million pounds or a million dollars?

Answer 1

Ask them why are they giving me that money.

Answer 2

I seem to get by Ok but all my working life I worked long and hard
and was always thrifty (by necessity) Now I am retired an still need to be thrifty to make ends meet. With a million pounds I would just break the habit of a lifetime and enjoy the freedom from penny pinching.

Answer 3

As long as the money is legal I would
1 Build a house
2 Buy each of my kids a house in the area of their choice
3 Invest in my sons future by providing them the capital to start their own business (they are at present saving up for it)
4 Invest a lump sum for the future
5 Put a lump sum in an investment account for my grandchild
6 Donate a large amount to my 3 favourite charities
7 HAVE A BLOODY GOOD HOLIDAY

Answer 4

I would invest it all in BUSINESS PROJECTS. People flip houses, and find that they run out of time and can not carry the mortgage. I could buy the mortgage and hold for 2or 3 months, sell the property. The person who held the property would pay me $10,000 or more when the property is sold. By putting this money to work, I would be able to give to charity, pay off my personal bills, and establish a much needed service.

Answer 5

Many many answers to this one. One option is to pick a well established and well managed charity or two I like and to create one or two annuities where I and a loved one can get a fixed or variable return of income for our two lives or my life with the remainder going to the charity(ies) upon my (our) death(s). This guarantees me well manged income, doing good for a worthy cause and a tax break to boot. What you do wth money and how you treat it says more about you than most other things in the world -- what you value, how you think, where you see the entire world going, your obligations to others, etc.

HOPE THIS HELPS, MICHAEL

Answer 6

i might make investments $50,000 of it into shares. That leaves me with, $950,000. i might purchase a house that must be approximately i will say a small starter residing house at $a hundred and fifty,000. so as that now nevertheless leaves me wealthy with $800,000. So then, i assume i ought to place approximately $20,000 of it in a severe interest paying checking or decrease fee expenses account. So then... i'm nevertheless wealthy at $780,000. next... i might purchase mine and my boyfriends' renowned vehicle, a Ford GT Mustang of direction a clean version. we'd i'm advantageous positioned a impressive style of money into that so with the aid of the time we are finished with that project i visit only provide it an estimate of spending $70,000. on the motor vehicle and then assurance each and each year is probable approximately $8,000. This leaves me with $702,000 to do what i might like with it.

Answer 7

I would pay off any bills and get completely out of debt. Place money in savings and college funds for all my kids. I would pay debt off for family and friends. Afterwards take a trip to Puerto Rico. Purchase a newer Vehicle.

Answer 8

I would invest half, take half of whats left and put it into education funds for my children, then take the last 250,000, pay off my debts, buy a nice house (which actually doesn't get you much these days), and take the family on a decent vacation for once.

Why, are you offering?

Answer 9

Pay down some bills, invest the rest, and plan on spending a few thousand on travel.

Answer 10

Invest it to ensure it wont run out and start spending. Some charity work would definately feature in my plans.

Answer 11

Bluegirl
Its only a million..!!