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If you had a million! | Started by: Rowley on Aug 07, '20 06:51 |
pay off the mortgage and invest for me. you could soon waste a million and have little to show for it |
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Reply by: Polio at Nov 15, '22 05:25 | |
Report Post | Tips: 1 / Total: $20,000 Tip |
stick it in a medium risk managed general investment account and watch the power of compound interest work its magic. |
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Reply by: Amosite at Nov 15, '22 09:54 | |
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Some would be put aside for rainy days, most of it would be put in my trading account, more money on hand means less movements are required on the stock chart inorder to close the trade and make a profit. |
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Reply by: Rustam at Nov 15, '22 23:05 | |
Report Post | Tips: 3 / Total: $60,000 Tip |
If I had a million, after taking care of my family, if I had anything left I would probably buy me a fancy new record player. |
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Reply by: Gimp-Pimp at Nov 17, '22 00:06 | |
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Makes me think of the bare naked ladies song. Really corny.
but - I’m old. Likely pay off my house and truck, buy a vacation property in the US and I’m not sure there’s money left for much else. |
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Reply by: Uncle-Dunkel at Nov 17, '22 19:25 | |
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If I had a $1 million dollars I would payoff my bills. Then I’d buy some dividend paying stocks. For the first 5 years I’d keep buying more stock for a future income. Then I’d retire and enjoy my life. | |
Reply by: Dak- at Nov 19, '22 14:05 | |
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i would buy a sausage roll and then probably look at buying a new shed. Then go to the airport and pick a flight to somewhere and wing it for a couple of weeks with just a back pack |
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Reply by: Polio at Nov 19, '22 17:58 | |
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I would send the wife back to school and retire myself and start looking for really nice fishing spots and of course golf courses to play on. | |
Reply by: CitySlicker at Nov 20, '22 00:20 | |
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A million dollars (in U.S.A currency) really wouldn’t make a huge difference in your life unless you invested it all and got really lucky. What I would do, and probably the best thing to do with that amount of money is to put it low risk investments for retirement. You’d need at least three million before you could even start to talk about spending foolishly. | |
Reply by: simpleton at Nov 20, '22 01:26 | |
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I would invest it in some real estate and buy some shares and keep 10% of it for my self. |
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Reply by: Jordaine at Nov 21, '22 20:54 | |
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History suggests that if I was given a million, I’d most likely make a long series of ill considered decisions. I’d spend over half of it in a deluded daydream of bottomless excess. I’d then realise I had less than a quarter left and begin being much more frugal. By this time however, the incredible momentum of ongoing costs attached to my previous spending, would wipe off the remaining funds and leave me standing. The great boulder of debt would roll over me like I was some kind of paralysed Indiana Jones. |
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Reply by: Ian at Nov 23, '22 13:31 | |
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i would be a new house with land and new cars for me and my husband. and i would put college money in an account for my daughter |
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Reply by: Skylynn at Nov 28, '22 14:37 | |
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Pay off all debt, pay for my kid's college and donate the rest, probably to St Jude. |
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Reply by: MissAnnaTofana at Nov 30, '22 00:38 | |
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If I had a million dollars I would invest in a business that could double my money within two - three years. Then repeat it until I had enough money for my family to enjoy. |
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Reply by: Quadir-Richards at Dec 22, '22 02:35 | |
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I would pay off all debt including my mortgage and then would totally go on vacation for an extended period of time. To somewhere warm, very warm | |
Reply by: Miranda- at Dec 22, '22 03:34 | |
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I wouldn't buy anything, besides all you get is 2 metres of land. It depends on what age you get the money. If you're still young ok, if the money comes at 70 or 80 all you do is sitting on a sofa and watch tv. If we get the first scenario, i would travel the world until i spend every dollar/euro etc. |
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Reply by: Arslan at Dec 22, '22 23:09 | |
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Had made my nearest friends and family totally out of disaster against loans and then taking them to a weekends vacation with everyting included. | |
Reply by: Tutte at Dec 23, '22 07:45 | |
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Paying the mortgage off would be the first phone call I would make.
Then I'm taking the family abroad for a decent 2-3 week holiday. I wouldn't go crazy buying a 250k car or anything like that. Would be nice to live mostly off the interest. |
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Reply by: Craven at Dec 23, '22 10:58 | |
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Honestly, I'd pay off my current mortgage first, and then probably throw what I can at my parent's mortgage as well. Not going to wipe both out completely probably, but it would help a whole hell of a lot. |
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Reply by: Tom_Becker at Dec 23, '22 15:06 | |
Report Post | Tips: 1 / Total: $20,000 Tip |
If I had a million I'd stick it into an appropriate Savings account, then I'd live a modest life off the interest until an early retirement age (I rather enjoy my job so wouldn't want to quit), then have the best retirement I could! |
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Reply by: NotAKillerISwear at Dec 23, '22 15:14 | |
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Minimum $20,000