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If You Had a Million Dollars, What Would You Do With It?

james.g.mcdonald.5 2012/06/07 23:00:19
Related Topics: Dollar, What Would You Do
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  • Nabael 2012/06/08 07:10:21 (edited)
    Nabael
    +5
    Screw all of the "I'D BUY THIS" wasteful thinking, I'd use it to pay off college debt, then stick it in a bank account, forget about it for 20 years then be pleasantly surprised when interest has kicked in....

    Savings account interest

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Opinions

  • Brosia 2012/07/01 02:30:32
    Brosia
    Pay my bills off, leave the bulk in the bank and live off the interest. I live frugally now, so about the only thing that would change, is that I would not work anymore.
  • *SqU!R@L QuE3N* 2012/06/16 02:21:53
    *SqU!R@L QuE3N*
    help my family and pay bills
  • Vision of Verve 2012/06/09 21:29:15
  • viola 2012/06/09 14:31:59
    viola
    Travel

    travel
  • VintageLys 2012/06/09 13:53:08
    VintageLys
    buy a house !
  • Magical Mushroom 2012/06/09 04:05:31
    Magical Mushroom
    I would pay off all my bills and buy land in Idaho. I would build a cement modern looking home with lots of windows and a deep two story basement. I want it to be a 2/3 bed and a 1.5/2 bath above ground and the same underground. Wood stove next to a bedroom and grill outside. I also want a large underground area on top of the open garage I will use as a barn and storage. Make it so I am self sufficient, small herd of cows, horses, goats, few pigs and a flock of various poultry and plants. I want to have devil's claw, tea, herbs, vegetables and fruits. I would also invest in a large solar powered fence. I would also line the top of the house and other buildings in solar panels.
    modern house
  • Kim Possible 2012/06/08 21:29:08
    Kim Possible
    I'd save it in a bank. And continue life as normal if I need emergency money I'll know where to go.
  • Resp 2012/06/08 20:03:35
    Resp
    +1
    Nothing would change except I would have a healthy bank account.
  • Iamfree 2012/06/08 19:20:44
    Iamfree
    10% to my church.
    10% to other various charities.
    Pay off my house & other bills.
    Pay for my pastor's kids' college.
    Save the rest.
  • Kyle 2012/06/08 19:14:59
    Kyle
    >Buy one million counterfeit dollars
    >Give counterfeit money to someone else
    >Sit back and watch as they ruin their own life

    Kick back and Relax
  • Megan 2012/06/08 19:02:49
    Megan
    I'd save some for collage, save some for my school trip to Ireland, give a quarter of it to my family, and save the rest for when I'm older and will need it more.
  • Hello. 2012/06/08 18:59:08
    Hello.
    Firstly I'll keep 500,000 for myself.
    With the other 500,000 - I'd give money to charity, to my family and friends, I'd buy a big house and garden and go on a few vacations...
  • RoryCanadia 2012/06/08 18:35:08
    RoryCanadia
    spend it foolishly. First, of course, I'd pay off all debt and buy a reasonable but not excessive house, then it's time to travel until it runs out or I get bored. "Hey where's Rory this week?" "I don't know, I heard Spain, but he could just as easily be in Russia...........or sleeping in our backyard."
  • k fleming 2012/06/08 18:30:02
    k fleming
    Invest it in tangible goods, start a business, build up more capital, etc. Buy a large plot of land, take a vacation knowing my money is not just sitting, but creating some jobs and still growing.
  • k fleming k fleming 2012/06/08 18:31:43
    k fleming
    A million really doesn't go as far as it used to. If you want to keep it, you have to make it work.
  • Ben 2012/06/08 18:23:45
    Ben
    I would buy a house, then invest in an awesome sound system [:~D]
  • VintageWolf 2012/06/08 18:17:20
    VintageWolf
    pay my bills and help my loved ones and family with bills and invest
  • *flykid* 2012/06/08 17:59:58
    *flykid*
    I have no idea maybe donate half of it to a nice charity, waste 1/4 of it, and use the rest on a car, house, and new gear
  • Mr.Steve 2012/06/08 17:56:48
  • i <3 u 2012/06/08 17:53:26
    i <3 u
    go to paris and have a wedding get a jet and limo buy a house and buy a car become famous :)
  • Margaret Jacobson 2012/06/08 17:19:04
    Margaret Jacobson
    buy a two story "rowhouse" in baltimore city..........live off interest, travel, have fun, save some
  • Phil Margare... 2012/06/08 20:54:01
    Phil
    Interest on $1mil would be about 50,000 a year. Taking off the cost of the house, the travel, having fun, etc., you may have 500,000 left to bank. That would mean you would have about $25.000 a year in interest at 5% (and that is if you can get 5%). Plus, you would have to have 5 separate accounts with only $100,000 in each account (to be smart) because that is the maximum covered by the FDIC per account for robbery or bank failure. $25,000 a year isn't a 'lavish' life even with your home paid in full. Suggest you may want to re-think your plans for a better outcome.
  • none 2012/06/08 17:05:07
    none
    Buy a Corvette or a kit Cobra for me for summer fun, buy my kids new vehicles if they wanted one, and invest the rest with my broker.
  • Phil none 2012/06/08 21:01:50 (edited)
    Phil
    A KIT Cobra, are you kidding me? Wouldn't you rather have an original Caroll Shelby than a 'Quick output shop fiberglass body'? It would be difficult to get a genuine English Cobra unless you were rich enough, but since you've got the money with the 1mil, forget the 'poor boy' way of thinking and get a Shelby original. I guarantee you would be much more happy with the 'real deal' than a cheap copy built on a new Thunderbird chassis. The real Cobra will handle better than any factory chassis (without tremendous work) you can put the 'fake' Cobra body on, trust me. I have built a lot of cars in the past, and I also know many builders who agree that, "If you've got the money, go with the original. Resale is about double of a kit car, or more (if you should ever want to sell, and I wouldn't know why). Insurance is almost the same on either car, just a bit higher on the original in this case. The Pros will long outweigh the Cons on getting the original over the kit, especially when you have the money to invest in the 'real deal'.
  • none Phil 2012/06/09 04:26:28
    none
    I wouldn't want to spend half a mil on an original, the kit ones look the same have a modern chassis and the good ones are not built on a Tbird one, up to date suspension, and brakes and for every day driving fun I'd take the kit one any day and still have $950,000 left over.
  • HannahFitz 2012/06/08 16:47:27
    HannahFitz
    put it in the bank and live life, :)
  • retrograve 2012/06/08 16:25:14 (edited)
    retrograve
    'bills, new house, vidya games, traveling. And try to keep enough so I'm set for life.
    I'm simple.
  • Picasso's Cat 2012/06/08 16:25:12
    Picasso's Cat
    Spend it !!!!!
  • Anonymouse BN-0 ~bibbityboo~ 2012/06/08 16:11:35
    Anonymouse BN-0 ~bibbityboo~
    Invest it and live off the revenue.
  • GeorgeLEMONGraves 2012/06/08 16:11:18
    GeorgeLEMONGraves
    become batman
  • Cunning Stunts 2012/06/08 16:08:00
    Cunning Stunts
    Hookers and blow.
  • Picasso... Cunning... 2012/06/08 16:28:50
    Picasso's Cat
    +1
    Lol, I heard that, Lol, my christmas card for 2012 year, my sentiments exactly, Lol!!!!

    my christmas card
  • Cunning... Picasso... 2012/06/08 16:44:55
    Cunning Stunts
    +1
    When did you see my apartment?
  • Picasso... Cunning... 2012/06/08 18:22:19
    Picasso's Cat
    +1
    Lol !!!!!
  • Wonder Woman 2012/06/08 16:00:05
  • JENNIFERK 2012/06/08 15:44:55
    JENNIFERK
    +1
    First, I would pay off every penny that my grandmother owes, and make sure she has anything she needs and then some. Then, buy myself a small home in the country, pay off my student loans, and live happily ever after :)
  • johnnyg 2012/06/08 15:44:47
    johnnyg
    New house closer to the beach, and new cars for me and the wife. The rest invested.
  • BIG BAD JOHN R. 2012/06/08 15:29:24
    BIG BAD JOHN R.
    Have a better life, That's for sure. new truck, nice camper and go see this World before I die. old faithfull
  • Darlin' 2012/06/08 15:27:35
    Darlin'
    +1
    invest and share. million bucks does not got as far as one might expect.
  • Joey 2012/06/08 15:23:29
    Joey
    Get 2 millions.

    rulett

    Always bet on black.

Fun

2013/05/24 20:40:48

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