Doing the Right Thing
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Congratulations dude! I know you are super excited and probably thinking what should I get? But if you want to be really smart, I would do this:
1) Invest about $2.5 million (keep the other million to yourself) into mutual funds, variable annuities, and money market accounts. If you have kids, setup a college fund using 529 or Coverdell plan. (if you understand Rule of 72, you would know why I would invest most of my winnings)
2) Keep at least $100,000 in savings account.
3) With the final $900,000, pay off your debt and spend the rest. |
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neha
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try to earn more..lighten ur future..3.5 million is still less..there is further Billion..OR get a girl friend she will spend ur money in 1 minutes |
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lori a
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on me |
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ItsJustMe987
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Give me a loan. |
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Comrade Dimitri Dingleberry
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Buy the Russian space program! |
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BuddyGuru
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I'm sure you won't have any trouble finding help |
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♥ ☆ StarLiteGrl~98☼1 ☆ ♥
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I'll give you some pointers for a small fee! ;0) |
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cyanne2ak
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Hire a personal finance coach, ASAP. Do this AFTER you hire an attorney. |
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emanon
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spend it on a brain transplant because you didn't win.. good try tho.. got a lot of people.. lol |
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richtorres_2000
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BUY EVERYTHING YOU EVER DREAMED OF AND SAFE SOME FOR LATER ON |
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kimberbee
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spend some on an awesome house and car, invest some, help close ones who could use a little money. |
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Edith
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invest it to get more then buy a better house than J.LO's then give the rest to me! LOL |
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max48750
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Buy 3.5 million dollars woth of penny candy.It will last a life time |
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Baby #1 Due in March
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LOL! You get those spam emails too? Yeah, I am always winning the Nigerian lottery and I am also the nest of kin for ALOT of dead people. ALL THEY NEED IS ALL MY INFORMATION AND THEY WILL SEND IT RIGHT TO ME! Yeah right... |
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ajay
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get me i will spend it for u |
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papa bear
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hire someone to wipe the b.s. from your chin....lol..... |
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rockEsquirrel
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Give to orphanage. Pay your taxes. That ought to take care of it. |
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jhumelsine
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Anyone who comes into a lot of money quickly should...
Pay off debt.
Buy one or two fun things, like a vacation or new car.
Park the rest in a money market for a year or so to get used to the idea.
Make sure you have enough liquid cash to pay your taxes. That first year's going to be a killer.
Get a good financial advisor or accountant. Come up with a plan. $3.5M may be enough to finance a comfortable retirement, but depending upon your age and spending habits, you could still out live this money. |
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jv1104
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Well, I have a ton of ideas, but one that certainly would not be happening is to be on this freakin answer line.... |
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meemee1307
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i spend the 1/2 million dollars for you, ok? |
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The Indispensable Chris Cameron
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Put it in the bank. Save it. Don't spend it. |
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dariela02
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i advice you to get a financial adviser so you wont miss use the money !!! As recommended pay your bills and the past ones too.:) Your a lucky one take care of it so it can last !!! |
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knlewis1733
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send me 100,000 and i'll spend it for you. my kids could use some new clothes and i could use a new car to get back and forth to school. i'm not greedy. 50,000 will work. |
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☼Jims Brain☼
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send it to me |
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*AstrosChick*
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Yeah, right!! |
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lucygoon
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Hire me and for $3 mil I will advise you as to how best to spend the 1/2. |
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alleykhad607
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pay the taxes on it first.then buy cd`s and stocks
you need a finance adviser contact a lawyer and they will put you in touch with the right people... |
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Joey's back
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Send some to me please. I'm not kidding, either. I'm so broke, don't have a car, my whole paycheck goes for rent and utilities and my medications (high blood pressure, no thyroid gland, etc.) I just want enough to pay off My student loans, and a few doctor and hospital bills. Then I'll be glad to work until I turn 75, in about 15 years.
6-7-06
Okay, so I haven't heard from you yet. I was really hoping that something about my plight would grab at your heart strings, and that you'd send me about 35,000 right off the bat. oh well........
............maybe I'd better give you advice first. Get a lawyer! Don't tell anyone about your good fortune until you do.
Then, get a financial planner. Invest, and try to live off of the interest. Touch as little as possible of the principal.
If you are serious--congrats!!! (And I still need some $$$$badly--do they still send poor people to debtor's prison?)
If this was a joke--lol.
If you got hoodwinked, I'm sorry. |
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House, M.D.
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Um buy the things you've always wanted, you could donate amounts of it to charities etc, buy gifts for friends and family, and I bet some idiot on Yahoo! Answers will say "give it to me". Just ignore whoever does that. |
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Bigfoot
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The answer to that is traveling. You can go to places you wouldn't even imagine that one day you would be able to go. Find a good traveling agent to help you find cheep ways to travel (there's no need to spend a fortune on tickets) and make your wildest dreams come true.
There is so much beauty in the world for you to see. In my opinion traveling is not spending it's an investment for the years to come, to fill your life with experience and your mind with good memories.
Settle all the other things that have priority (house, car, lawns, banks, job etc) and then start packing. You are so lucky... |
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