2007-09-21 03:28:30 · 27 answers · asked by Angelx 5 in Business & Finance ➔ Personal Finance
meant to say 1 million not i million...lol
2007-09-21 03:29:22 · update #1
Easy enough . . . I would take care of family first, like paying debts and making sure everyone is stable financially. I would take some of the money and use it to help people who are in finacial trouble and are able to pay back after they get on their feet again. Like the housing market is bad and too many people are going into foreclosure. I would lend to those capable of working through their hardship. I would lend them money at a reasonable rate without making it harder for them. The purpose is to help them get through the bad times. Too many investors lend mone;y with intention of big profits. I do not know of anyone who lends for the purpose of truely assisting someone out of temporary hardship and setbacks. Good people have unexpected hardships and need helping trusting hand without incurring added problems.
2007-09-21 03:42:33 · answer #1 · answered by sparkles 1 · 0⤊ 0⤋
I am getting on in years so apart from a nice holiday, would not need it. Quite comfortable as I am. Pay the kids mortgages off and help the grandkids education, UNI etc. Most eould go to the family in some way... And would not forget the local Childrens hospice.
2007-09-21 10:36:09 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Well, it's probably $500,000 after taxes, so I would pay off my house and car, buy a duplex to rent out. Pay off my student loans and finish college. Most of all, I would tell my boss to shuve it! and take my time looking for a new job. Then if a few months, I would be broke except for my rental income (which is a gamble).
If it's 1 mill post taxes, I would invest the rest by paying off my duplex and other rental property.
2007-09-21 10:43:00 · answer #3 · answered by Mel 4 · 0⤊ 0⤋
MOVE!, put away some money for my daughters college education, go on a trip around the world, give a big chunk to St Judes, .... then invest the remainder for a nice retirement. I wouldn't stop working... I just would care about my job a little less :)
2007-09-21 10:32:25 · answer #4 · answered by CupCake 5 · 0⤊ 0⤋
buy a nice house (wouldn't go over the top but would get a nice one without ever having to worry about bills again) The rest I would buy my friends and family presents with.
Once I have my house all my wages (other than gas bills etc.) I will be able to spend on myself...
Not particularly exciting but if you spend it all on treats for yourself then you will get bored because you have never had to work for anything.
2007-09-21 10:35:30 · answer #5 · answered by Lauren 5 · 0⤊ 0⤋
Do I have to give any to Uncle Sam?
If not, then, I'd find the highest yielding Bond and sock away 80% of it, give away to M.S. Charity 10%; and live on the remaining 10% and the interest from the Bond
2007-09-21 10:33:18 · answer #6 · answered by Daniel R 2 · 0⤊ 0⤋
I would pay off everything I owe, including my student loan. Pay off dad's mortgage and a bunch of his bills. Restore the antique cars at home. Put some in savings and invest the rest.
2007-09-21 10:39:01 · answer #7 · answered by ModelFlyerChick 6 · 0⤊ 0⤋
Urm.........first of i am a girl, but i obviously thought i clicked female when setting this thing up second....i would give some to my mum, buy a high rated modern flat, travel the world, and pay to meet women footballer fatmire Bajramaj, and Birgit Prinz who plays for germany, and Kelly Smith, and Alex scott of the england squad.
2007-09-21 10:37:03 · answer #8 · answered by Anonymous · 0⤊ 1⤋
I would buy for other people wants important to their lives. A trip for them to enjoy, a computer to do their homework, a nice car they've always dreamed about, etc....
The joy of sharing $ 1,000,000 would far exceed any rewards I could consume for my own personal gratification.
2007-09-21 11:10:14 · answer #9 · answered by Nana Butterfly 4 · 0⤊ 0⤋
pay all my bills in advance for 1 year buy me a home in italy
put some money away for my kids go on vacation n if a have some money left buy tons of clothes
2007-09-21 11:20:43 · answer #10 · answered by bril 3 · 0⤊ 0⤋