2007-10-26 05:18:46 · 13 answers · asked by Anonymous in Society & Culture ➔ Other - Society & Culture
I'd work on my own projects rather than work for someone else.
2007-10-26 05:20:46 · answer #1 · answered by kent_shakespear 7 · 0⤊ 0⤋
I would. Two million might not be a lot of money this days but comparing to what I make yearly I could profit better with 2 mils if invested right. For example: A CD account with 5% APR would make me $100,000.00 a year which is way more than what I make now.
2007-10-26 05:25:05 · answer #2 · answered by I Speak the Truth 5 · 0⤊ 0⤋
Yes.
Properly invested $2million would give me a nice income and some growth to counteract the effects of inflation.
$2,000,000 x 5% income = $100,000 the first year
$2,000,000 x 10% growth = $200,000 extra the first year
Plus if the bulk of the income comes from qualified dividends you're paying only a maximum 15% income tax, no social security and no medicare.
2007-10-26 05:29:42 · answer #3 · answered by nealeinmi 3 · 0⤊ 0⤋
In the sense of working for someone else, or for a company, I'd surely give that up in a second.
I'm an artist, and that's where my heart is. The money would make it possible for me to "work" at that.
2007-10-26 05:24:12 · answer #4 · answered by birdman 5 · 0⤊ 0⤋
Yeah.
I'd have 2 million dollars and
I'll I'd have to to is find a job when the money is gone.
2007-10-26 05:22:44 · answer #5 · answered by pantalon_noir 3 · 0⤊ 0⤋
no - sad to say but 2 million wouldn't get too far these days... though i probably would use the money to open the business that i've always wanted to run.
2007-10-26 05:22:31 · answer #6 · answered by Liberty Belle 5 · 0⤊ 0⤋
No, I'd go back to school for my PhD. I am 64, and difficult to get student loans at my age.
2007-10-26 05:23:21 · answer #7 · answered by merrybodner 6 · 0⤊ 0⤋
In a heartbeat. I'd make sure I had a financial plan to make it last as long as possible.
2007-10-26 05:21:57 · answer #8 · answered by Quarter Midget Mom 5 · 0⤊ 0⤋
Not immediatly. Wouldn't want to put them in a jam. also I would want to make a plan first.
2007-10-26 05:24:41 · answer #9 · answered by Maalru3 6 · 0⤊ 0⤋
Yes.
2007-10-26 05:21:25 · answer #10 · answered by Widgi 7 · 0⤊ 0⤋