Created by nj216
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if you had a million dollars wut would you do with it?
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23 / M
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Posted 5/29/08
guess I'm the first one to say donate it to charity.
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30 / M / LA
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Posted 5/29/08
first get out of the dollar cause it's inflating and crashing like norad2. lots of people need to get starting capital or build stuff up from scratch, which can take years, or years of interest payment if you borrow it. a million dollars now really isn't all THAT much it used to be (when 5 cents was equal to a dollar 100 years ago). still a million dollars is a great chance to start something that will keep yielding something you can live off of and more. definitely do more than give it away or spend it on consumables.

u could guy stocks that yield dividends (as opposed to speculating on the price to sell). start a business that will make more money. buy an apt building and collect rent forever. but no matter what, it would be a good idea to get out of the dollar. preferable non-fiat currencies and backed currencies or things with inherent value.
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30 / M / LA
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Posted 5/29/08 , edited 5/29/08

MazrimTaim wrote:

guess I'm the first one to say donate it to charity.


not that it's bad, but giving it all away is kind of dumb, when you would be having to work your butt off for years and years and if you overextend yourself on a loan or martgage, ur paying even more in interest.

a lot of times people go into a different mentality when it comes to money. but what if a million dollras represents 10 15 or 20 years of work? you need to ask yourself, would you be willing to devote 10-20 years of your life to whatever charity you're giving it to?

In america, the tax rate is ridiculous... not to mention the value the government and banks steal from you by printing and inflating the currency which in turn means rising prices for you. a millino dollars is a great chance to get out of paying interest, finding a good tax guy to pay less tax and advantages, and to start something that pays for tiself and more that you can live off of without barely staying afloat financially and having to tread your tail off just to stay above surface... thats just me.
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26 / M / Taunton,Massachus...
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Posted 5/29/08
Save it and buy a beach house
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23 / F / North America
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Posted 5/29/08
Stare at it
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26 / F / Sweden
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Posted 5/29/08
share a bit with my family, spend some and save the rest
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27 / F / The state of Wash...
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Posted 5/29/08
i would buy the house my family and i are renting. it is a nice house and we really like it. i would put the rest of the money in the bank.
Posted 5/29/08
Meh I'd just save it. And when I get enough I might buy a mansion >:3
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F
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Posted 5/30/08
donate!!! the world needs help! T.T
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24 / M / New York
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Posted 5/30/08
honestly the 1st thing i would do is buy a really ungodly fast computer then i would save the rest
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24 / F / Tokyo or London (...
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Posted 5/30/08
use it to pay off any bills, debts, etc.

book a nice vacation for my family and save the rest... ^_^
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28 / F / Seattle (in a Sta...
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Posted 6/22/08
save it~
Posted 6/22/08
Invest, invest, invest!
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Posted 6/22/08
probably for college..animes..mangas...maybe a mansion..idk!
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23 / F / kroY weN
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Posted 6/22/08
I DUNNO

MAYBE INVEST IN STOCKS

AND DONTATE SOME

SAVE THE REST FOR WANTS AND NEEDS
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