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What would you do with a 1,000,000 | Started by: Jammin on Oct 13, '23 13:47 |
I would invest a good chunk of that into various stocks Would pay off the debts me and family members have buy out a couple other homes to rent them out get a raising canes franchise and an In-N-Out as well I would create a high school program for youth who can’t afford quality materials to be able to obtain them I would start a mentorship program for young men & women who desire to be successful to meet with a professional in their field to gain knowledge of the field |
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Reply by: Yaveo at Oct 25, '23 12:23 | |
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I would pay off my debt. Then I would look to invest some money in a business. Possible buy an existing business with good cash flow. No reason to reinvent the wheel. Just make some reacurring income | |
Reply by: Dak__ at Oct 25, '23 15:38 | |
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Id Buy a Large piece of property, and build homes for me and my 2 boys. After that Id invest whatever was left. |
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Reply by: DesDaemona at Oct 25, '23 16:48 | |
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Don't forget about property taxes, people. I'd spend 500K max on a house, and throw the other $500k in a CD. I'm not gambling with it in an investment, and at least the CD will guarantee me 25K a year in interest. Assuming you have nothing additional saved to add to it, a mil isn't enough to retire on. I'll take my free house and 25,000 per year raise. |
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Reply by: Anthony_Camello at Oct 25, '23 17:44 | |
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1. Pay off any debts 2. Get a house 3. Lease a nice car 4. Travel 5. Invest the rest off the money in propety 6. Try to enjoy this fucking life |
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Reply by: kr3zy at Oct 25, '23 21:17 | |
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Minimum $20,000