what would you spent $3.5 million on?

Question

all i can think of right now is a mansion, cars....corporations

Answer 1

$3.5 million invested at 12%, the long term average of the US stock market, returns $420,000 / year. Drawing 8% and leaving 4% to cover inflation, that leave $280,000 / year FOREVER. I could live quite well on that and have enough left to give generously to charities of my choice.

Answer 2

OMG, if that question hasn't come to mind for me many times. I would be set for life. First I would buy a couple houses, a few nice cars for me and my husband, then I would give each close family member some money, the amount depending on how many people in family and why needed etc. Then I would make sure I had enough for my children and grandchildren. If there is any left over, I would give it to a charity.

Answer 3

If I had that much money, I would help those in need of money, like me, who can't get a loan because of bad credit caused from loaning other people money and not getting paid back. All I'm trying to do is get a loan any where from $3000 to $10000 to pay off my debts and no one wants to help, so I'm getting further in debt and see no way out. If I had your kind of money, helping people would be one thing I'd do cause I know what it' s like to need it and have no one who cares enough to help, and that's a bad feeling.

Answer 4

Chocolate.

Answer 5

i would use it for:
the rest of my education
my childrens education
give some of it to people i know who i think deserve it
buy a house
donate some to charities
open my own business
save whatever was left

Answer 6

well for me i would:
buy a car
save it for a house
for college
my parents could get some for everything they had to buy for me ( about 10,000)
homeless
freinds and family
and save the rest for my wardrobe
oh don't forget about my church

Answer 7

My child's education.

Answer 8

my kids

Answer 9

same here

Answer 10

save it.