What would you do with it? I would by a... well I don't know maybe an Island?
http://www.youtube.com/watch?v=LHacDYj8KZM
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What would you do with it? I would by a... well I don't know maybe an Island?
http://www.youtube.com/watch?v=LHacDYj8KZM
I don't want so sound mean, but that is a really stupid thing to do with a million dollars.Give it to that girl I love.
Baranga
A girl? Are you reaking serious? This is a human girl we are talking about not some chirpy despot with a heart of gold :D!Give it to that girl I love.
Baranga
I'd invest alot of it, or put it in the bank to accrue interest. However, I would use a chunk of it to buy a Lamborghini.
I'd buy like a very popular website or something like that. :) Or maybe a technology that hasn't been released yet.
*looks at Tabula Rasa* Perhaps not the best idea ;)I would move to a small town and start my project to create a sci fi based MMORPG.
SEANMCAD
A girl? Are you reaking serious? This is a human girl we are talking about not some chirpy despot with a heart of gold :D!clembo1990
Buy my self a nice waterfront house/apartment.[QUOTE="Baranga"]I don't want so sound mean, but that is a really stupid thing to do with a million dollars.Give it to that girl I love.
II-FBIsniper-II
It makes her happy, that's what matters most :P
I'm going to profit anyway, it's not like she would eat those money.
Get through college without any financial frustration, then I'd travel for a while and save the rest.
[QUOTE="Baranga"]
I'm going to profit anyway, it's not like she would eat those money.McJugga
If you are with someone that is only happy because of the money you give them, that is a horrible relationship that will never go anywhere.
Oh, it's far from that. I just think it would be an awesome surprise to give her the check. We never had too much money anyway, it would certainly fulfill some of our childish fantasies. Like going to Disneyland:oops:
If you are with someone that is only happy because of the money you give them, that is a horrible relationship that will never go anywhere.
Oh, it's far from that. I just think it would be an awesome surprise to give her the check. We never had too much money anyway, it would certainly fulfill some of our childish fantasies. Like going to Disneyland:oops:
Baranga
I see... Have fun with that!
Use40% on the money on Gold bars, 40% on an apartment, the rest would be used to pay for my student loan and living expenses.
I'd spend 100,000 on a party and hand-outs. 100,000 dollars on paying of my school loans and other debts, a car, unnecessary tech and some traveling. And I put the remaining 800,000 dollars in a fund, collecting an interest of about 40,000 dollars every year... hopefully.Hungry_bunny
Why? Inflation would shrink the real value of your money pretty fast, only the last 10 years, the price of gold has increased by 3.7 times, which is a good estimate for how inflation has been the last decade, and considering all the stimulus plans and gov. spending the inflation won't really slow down, quite the opposite in fact.
[QUOTE="Hungry_bunny"]I'd spend 100,000 on a party and hand-outs. 100,000 dollars on paying of my school loans and other debts, a car, unnecessary tech and some traveling. And I put the remaining 800,000 dollars in a fund, collecting an interest of about 40,000 dollars every year... hopefully.Dark-Sithious
Why? Inflation would shrink the real value of your money pretty fast, only the last 10 years, the price of gold has increased by 3.7 times, which is a good estimate for how inflation has been the last decade, and considering all the stimulus plans and gov. spending the inflation won't really slow down, quite the opposite in fact.
That's why you never take out the entire interest... to counter the inflation.Buy a million dollars worth of gold.
Dalo12345
Smart move, considering we are facing unsure times, financially, currencies can go to hell, gold can't.
[QUOTE="Dark-Sithious"][QUOTE="Hungry_bunny"]I'd spend 100,000 on a party and hand-outs. 100,000 dollars on paying of my school loans and other debts, a car, unnecessary tech and some traveling. And I put the remaining 800,000 dollars in a fund, collecting an interest of about 40,000 dollars every year... hopefully.Hungry_bunny
Why? Inflation would shrink the real value of your money pretty fast, only the last 10 years, the price of gold has increased by 3.7 times, which is a good estimate for how inflation has been the last decade, and considering all the stimulus plans and gov. spending the inflation won't really slow down, quite the opposite in fact.
That's why you never take out the entire interest... to counter the inflation.Still the interest wouldn't counter the inflation, if you had put 1 mill dollar in the bank in 99, the buying power of that money today would still have been more than halfed even if you didn't touch the money.
Assuming you chose a fund/company/guy who really sucks at investing your money. The inflation won't go on forever and it hasn't been as bad as it is today in all the years since 1999... who knows, maybe the people I choose to entrust this money to WILL buy gold with it... or maybe they'll buy some stocks of Hewlett-Packard which has been growing steadily this decade with a rate of 20%... I don't want to retire on this money, I'll take the risks and if the value decreases then I'll take the hit... I wouldn't quit school or my chance of a good-paying day-job because I have a million dollars anyway. PS. It's feels weird to talk about money I don't have like this :PStill the interest wouldn't counter the inflation, if you had put 1 mill dollar in the bank in 99, the buying power of that money today would still have been more than halfed even if you didn't touch the money.
Dark-Sithious
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