obviously spend it but on what?
2007-04-18 10:42:37 · 22 answers · asked by carolina 1 in Business & Finance ➔ Personal Finance
invest most of it in real-estate because..well, a million doesn't get you much these days. then, donate to charities...and write it off my real-estate taxes :)
2007-04-18 11:29:01 · answer #1 · answered by Alex 4 · 2⤊ 0⤋
Improve my current house and sell it
Build my dream house
Pay off bills, fix my credit
Buy a new car
Invest the rest
Live comfortably, but probably still work to pass the time
Travel
Leave the investments / whats left to family in a will
2007-04-18 17:52:39 · answer #2 · answered by Karma 6 · 0⤊ 1⤋
A million dollars isn't even that much anymore, its sad. I'd pay off my house and do some improvements to it. I'd also pay off vehicles and maybe get new ones. Beyond that, it would just be invested to supplement retirement money available. I don't even think I'd quit working for just $1,000,000 in this day and age.
2007-04-18 17:51:34 · answer #3 · answered by jefflawdog 3 · 1⤊ 0⤋
once you spend it, are you still a millionaire? nope.
invest it. live off the interest. keep working. bank all that money.
2007-04-18 17:48:22 · answer #4 · answered by Abdu Rahim 5 · 1⤊ 0⤋
Put it into the bank at an >6% rate. Live off the >60,000 the interest yields each year.
2007-04-18 17:45:45 · answer #5 · answered by Ken S 2 · 1⤊ 0⤋
Get a house and a car etc. Get profeesional guitar lessons and get high on weed all the time. Also travel, see the world and all that crap.
2007-04-18 17:46:46 · answer #6 · answered by Anonymous · 1⤊ 0⤋
i would buy a bunch of new guitars, a new comp, a camera, a new phone, a mustang, pay off my parents bills, put a little away for saving, and donate to charity.
2007-04-18 17:48:13 · answer #7 · answered by Michelle 3 · 0⤊ 1⤋
I would build my dream house, and I would pay off any bills, then I would invest the rest of it.
2007-04-18 17:45:00 · answer #8 · answered by Mandar 3 · 1⤊ 0⤋
buy a five bed room mention with swimming pool..excet, buy a nice car build a business up and give the rest to my parents and brothers
2007-04-18 17:47:01 · answer #9 · answered by ஐ♥P u S s y CaT♥ஐ♥ 6 · 0⤊ 1⤋
Pay everything off and buy land in the middle of no where and build on it
2007-04-18 17:45:41 · answer #10 · answered by M D 3 · 0⤊ 1⤋