
Colt
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Purchase a modest home, pay cash. I know paying cash for appreciable assets is a financial no no, but imagine the peace of mind.
Invest the rest in fairly safe investments, bonds, mutual funds etc. Some of it in stocks, but again, long term good performers.
Also would start a college fund for each grandchild.
Give some to charity.
That should take care of 500k pretty quickly. |
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DeepThinker7...Last Black Renaissance Man
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I would spend at least $250,000 in purchasing a home and the land it would sit on. I would spend maybe $30,000 on a nice SUV like a Chevy Avalanche [used preferably] and save and invest like $90,000. I would help pay off my Dad's remaining mortgage and my sister's home as well with the difference. With what I invest into a revolving money market CD, I would take out so much every month and do some good in my community on my own. Every little bit would help and I would enjoy doing it too. |
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edy the cure
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help the poor people who doesn't get proper food or cloths to wear if possible open an orphanage, if any money remains
i would buy a small house for my family.i hope i had $500,000.
but all are not so lucky & rich |
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Vakari
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I would pay off my student loans and buy a nice house. |
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Linda H
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I would pay off what I owe add a room onto my house and help my kids out and my friends, It any left I would put it into taking care if stray animals. |
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elptl
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I would give God His portion then pay off my debts, buy a new car, and a new house.
Are you giving it away? |
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cr82prs
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I would pursue the dream of opening a camp/daycare for children who parents can't afford to pay the high prices of the Day camps or daycare. Plus have a storage fill with food to help fed the homeless. |
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teh_popezorz
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I would pretty much invest all of it through various stocks, mutual funds, savings accounts, a retirement plan, etc.
If I was living off what I had earlier, I could (and would) continue to do so until I could cash in on some major interest.
Then I'd go buy a mansion and Lamborghini. |
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gatorzrule96
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A house and a car |
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nmr1022
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I would get myself out of debt and pay off my car, the rest I would invest. Got some money I could borrow? |
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Joseph Sangl
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Invest $450,000 into long-term hold rental real estate. Hold $50,000 in a business account to protect me against unforseen issues AND to have it available for great opportunities in the future. |
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JewelL
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Get a house and open a wedding boutique or salon and throw the party of the century :P |
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