brunt
 |
Depends a lot on your age.
If you were 50+, I would consider an inflation indexed annuity, as it would yield more than enough money per month to live off off. No risk, no excitement, but no work either.
If you were 40-50, I would consider a laddered set of I-Bonds (5 year bonds purchased so that 20% of them mature each year) with about 50% of the money, and the rest invested in dividend-paying solid companies (direct share ownership or low MER mutual fund). The 50-50 split could be played with depending on your feelings. I am more bearish, so I would go more for the I-Bonds, and less for the stocks.
If you were 20-40, then I would be more speculative. I would put about 25% in the ladered I-Bonds, 25% in high-dividend stocks, 25% gold and silver bullion, and 25% in commodities stocks.
All of this advice assumes that you have no debt. If you did, pay it off first. |
|
Bill
 |
I would bet it all on professional wrestling |
|
melvinschmugmeier
 |
i would invest it in a couple of related small businesses that I could grow into a mid-sized company over time. |
|
Reticent
 |
I do. I have most of it invested in american funds- it will give you 11% a year. If you invest with Fidelity you do not pay any commitions and you get to keep it all, after taxes. Whatever you do, do not invest with Smith Barney, they took me and my fried to the cleaners. I lost over 60.000 dollars in ten months while the market was up 15%. As the commercial states- we are who we are-CROOKS. |
|
I Know - Pick ME
|
I would go to law school and double major in law and finance. Then I would invest according to my education. Once I built some money up I'd start a charity to fund MS research and projects. In addition, I would buy lots and lots of real estate. Real estate is where it's at. |
|
gregapress
 |
Hookers, sportscars, bling-bling & stayin f'ed up for days.
can i get another million, dad? |
|
Frank Castle
|
I would invest it to make $10,000,000.00 in 3 years or less. |
|
everything's eventual
|
I'd buy a B&B so that I could always support my family doing somthind I dig. Then I would help people I love get out of debt and on their feet. First though I'd take a trip to Africa with my family. |
|
jlee1224
|
Buy a house.
Invest in diversified portfolio, mostly consisting of low-load mutual funds, since I am young.
Yea, it's boring, but exciting don't make money. |
|
ykchen913
|
If you have a million dollar, why don't you pay $1,000 for a professional financial advisor? |
|
linkUS
|
Good question. First of all I would get a place to live and pay it off. Next I would buy gold. I would invest some more money in Iraq Dinar. Lastly I would buy CMG and WFMI and some others. Any other questions? |
|
Studly
|
Depends on how old you are.
If I was 18, I'd be telling myself that I could invest it into a nice mutual fund, and not have to work the rest of my life.
If I was 81, I'd spend the whole wad on a sexy 18-year old lady for the night.....and let her worry about what to do with a million bucks. |
|
J-ville boy
|
first give some to family
some to charity
buy an xbox 360 w/ latest games
buy house
boy whole collection of football cards
and a whole lot mo' |
|
cloeen
 |
I would get my family a house. Give some to church. FEED THE hungry. CLOTHE THE NAKED. Help the lost!!!How would you spend it!?? |
|
MRJS
|
I would build an office building to lease space for alternative therapy providers to be under one roof.
I would have an information kiosk at the door with a very knowledgeable lady offering suggestions on what modality someone might need. |
|
poison ivy
|
i already have a house and cars, so..
$100,000 for my parents
$100,000 for my parents-in-law
$100,000 for RSPCA
$100,000 for my husband
$100,000 for myself (shoes, dresses, makeup, bags, expensive skincare products etc etc)
$500,000 put in the term deposit, i'll make a lot from the interests =) |
|
disturbedfear
|
I'd buy alot of reese's peanut butter cups and have red kool-aid drinking fountains in my house...for starters. |
|
optinc
|
Conservative: 45% bonds/fixed deposits, 20% house, 30% Stocks, 5% speculative products
Aggresive: 20% bonds/fixed deposits, 20% house, 50% Stocks, 10% speculative products |
|
random
|
buy a house
invest in stocks
travel around the world |
|
vic050realto
|
If you want the truth you best bet is a house if you know how to turn it into income. It's simple just budget two thirds for the closing on the property. The rest pays for it and will therefore bring you three times the mortgage check in four years. And the same forever. Don't worry it's totally legal. If you want to be smart just put in your IRA, 401K, or CD if it's five years old and then in six months get it up front. You'll have about four times the money and a bigger better house and income. |
|
irene_vassy
|
i would use the money to make a Million Dollar idea from the Million Dollar Internet Ideas Magazine happen ... if found that mag at http://www.wordestate.com/mag.php |
|
| |
|
Homepage 
Financial
Forum 
Investing 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
