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What would you do with $1,000,000?

Pay off all of my student loans and then look for the highest interest I can get in a bank.

I mean, if I could find somewhere that gives 10% interest, I'd get a cool $100,000 a year for doing nothing!
 
$25k - 2007 Subaru WRX STi
$800k - Low Risk Investing
$150k - Stocks
$25k - Spending for now through end of college (17 y/o currently)
 
BMW M5 or M6 ~ $100,000
Put away $400,000 in savings for college (currently considering a biochemistry degree then going to med school)
$2000 to build a gaming computer
Invest/save the rest.
 
I would live off the interest.

Donate my time to the Community than working or more time studying. Maybe help out with research at the University or do some tutoring.

If its $1mill NZD at 3.5% per annum, $35000 per month. I could live quite comfortably with that with change to spare.

I would use the extra money and use it to give computers to the less fortunate.
 
Well I would be logical about it.
First off would come a 15 inch fully specced MBP
Then would be a custom i7 Windows 7 PC basically as good as you can get.
Next I would get a car, nothing over the top just a new sedan thing that is very comfortable and has iPod connectivity
Then I would study my arse off and basically buy my way into Medicine at Uni, fund my living and such until im earning 6 figures as a surgeon.
Not much really.
 
Well I assume that the OP was referring to Zimbabwean dollars, so I would buy myself a 15" MacBook Pro, 2.8GHz, 500GB 7200RPM HDD, 4GB RAM.

With the remaining A$50, I would buy an iTunes Gift Card.
 
Pay off both mine and the girlfriends student loan (my folks paid mine off but I should probably get around to paying them back).
Games I've missed out on.
Peugeot 308.
New PC for myself.
Maxed out 15" Macbook Pro, Xbox 360 and SLR for girlfriend.
iPhones for us both.
Build house.
Live in house.
 
Well, with me being 15, I can't do much.

Give ~$700,000 to my parents to buy a house near my old school, so I can go there with all my friends.

Save/Invest the rest.
 
First, I would invest the money until it grew enough to cover the following:

1) Pay off all outstanding debts, bills, and mortgages (then call Dave Ramsey for the “debt free scream”)
2) Set aside funds for my children’s education (I have 7 kids) and my retirement
3) Improvements to existing house and grounds (lots to fix and finish, here)
4) Establish a trust that would purchase contiguous properties as they became available (I have my eye on a 6 acre tract and an 8 acre tract)
5) Establish a trust that would fund electronic payment of utilities, groceries, and the like
6) Establish a trust that would retrofit my current home with alternative energy solutions in 10 years or so
7) Employ a maid, handyman/groundskeeper, and farmhand (I live on 20 acres)
8) Establish a handful of small businesses in the local community
9) Purchase a few beachfront properties to use for vacations and as rental income
10) Donate to charities of my choosing

If there's anything left, I want a Studebaker. ;)
 
I wouldn't go full out and buy random crap.

Instead I'd be smart about it...

Probably put $50,000 into my bank account and spend that slowly, pay off my small debt ($2500) and invest the rest.

I'm not going to read the entire thread, but you can't live off $1,000,000 for the rest of your life, so I'd still have a job.

Think about it, if you're at home bored out of your mind, eventually you're gonna start blowing that money. If you're out working, you have almost a million and growing at your disposal at anytime, plus any money you get from your job.
 
i think i've posted before but here my revised one. save up some cash for college, get a new computer( my PoS dell doesn't cut it anymore). get a TV, laptop, some new music, drop a couple of hundred Gs into the bank to create some more moneh for me and a CAR. a nice new Audi or nissan altima etc. Also use that money to create that zombie game i've been meaning to create.
 
Rent a place in France for a while, learn French, then rent a place in Greece for a while, learn Greek, rent a place in Italy for a while, learn Latin, then get my MA/PhD in Classics like I want with no worries about having to finish up and get a real job :(


Oh... and a 17" MacBook Pro, some swanky tech stuff, etc. :D
 
1. Pay off my bills
2. Put away $100K
3. Donate the rest to my church and various charities that service the destitute. :)
 
obeygiant said:
If I had a million dollars, I'd buy you a monkey. Haven't you always wanted a monKEY?
Click to expand...

I'd hire the Barenaked Ladies as my personal minstrels so they could follow me around all day everyday playing this song. It would be like my life's background music or personal soundtrack. :D
 
500,000 will go to CDs or mutual funds some type of investment where it collects over time. The other 500k, down payment on a house or get a cheap house flip it over and make some money out of that. Pay off bills...umm maybe a new car lol
 
buy my mum and dad a nice bungalow in the country somewhere, that'd be about 500 grand,

invest 250 grand for the future
buy me self a nice flat or something 100 grand
spend the rest on a hot car, and kitting me office out with the fastest and gruntiest Mac money could buy haha
 
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