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 What is the best option for my girl friend finance or a loan from the bank ?
she just passed her driving test, she wants to get a brand new car I have always had second hand cars and paid for cars right out.

What is the best option for her finance loan from the ...


 What is the worst debt you've ever gotten yourself into and did you get out of it? if you did how?
...


 What's the best way to save money?
I just got hired about a month ago at $30,000/year (not that much where I live; north of San Francisco in the wine country) For the next few months, I'll be living with the parents to save and I&...


 Whats a fast and easy way to make money online with a PayPal account?
I want a site that I can easily get to the minimum cashout, not have to do much, with no scams. I also want to be able to make 15-50 dollars a week. ...


 Does anyone else believe that the credit score system is just one BIG scam?
You have a bunch of people working in a high priced bank that tell you that you are not worthy to spend your own money how you want to. Does this seem fair?
Additional Details
....and I ...


 How much £ do you get for 100 euros?
I went to a bureau de change in central London and got £53 for 100 euros, do you think I have been conned? I go no receipt....


 What's the best job you can have?
...


 How do u become rich? What is the Path?
Is it good grades? Hardwork, going to a good college? What is the key to becoming rich? saving up? investing? Stocks?

I want to be a millionaire
im thinking of going into buissness ...


 Do you park two blocks away from your house because you owe people money?
...


 Whats the quickest you have spent alot of money and have nothing to show for it ?
...


 If you could pay off your house mortgage today, would you do it? If you wouldn't pay it off, why not?
...


 What jobs do u recommend a 15 year old?
I'm asking this b/c i'm trying to figurr out what my first job should be....


 Can 17 year olds use debit cards?
I'm 17 years old and I have a visa debit card with my bank, I primarily use it for the atm machine. I wanted to know if i can use it to make purchases. I don't want to try and get declined....


 How much interest could i get of 1million pound for the year?
...


 Money...am i poor? broke? or what?
Money...am i poor? broke? or what?
Money...money...?
Money...money...?
i have $3,000 on my savings, i have no debt, no car loan, no everything to pay. my parents pay for my college, ...


 Need money for debt consolidation and home repair on a new purchase and I have damaged credit?
I recently purchased my home and now have plumbing issues that are not covered by my insurance. I have some equity, but cant seem to get approved for anything, maybe I am looking in the wrong place. ...


 I have £500k to invest, so I can live off the interest,what are my best options?
I do not want capital depreciation, a bit of growth would be acceptable....


 How much do you make an hour if you make $30,000 a year working 40 hour weeks?
...


 So? What would you do if you have $1,000,000.00?
Try to be as honest as possible....


 Are you allowed to put cash in deposit envelopes for ATMs?
please answer....



Elsa
If you were given a million dollars what would you do with it?
                     
 




Doing the Right Thing
First, I would put it into a money market fund (they have an average rate of return of 4.5%).

Second, I would pay off my debt (which isn't much).

Third, I would invest maybe $800k into various mutual funds. I currently have mutual funds, but they are all inside an IRA. Together, they currently have an average rate of return of 14%. So I would get the same mutual funds outside of an IRA.

And finally, I would go on a spending spree on what ever left over. I would buy this Alienware PC that cost almost $10,000. I would buy a new car. Fix up my home (maybe buy some new appliances). Buy some new clothes and shoes. If there is still some money left over, I'll go to a strip club. lol


STEVEN F
I will assume that by 'given' you refer to actually receiving a gift, not winning a contest. It that is the case, alanpks4 is mistaken about taxes. The US does not tax the recipient of a gift. The giver may be subject to taxes, but that would not apply to me in this case. The first thing I would do is give $100,000 to my church, or perhaps split it among more than one church. Next, I am debt free by the end of the week. Whatever is left goes into 6 month CDs to let me recover from "sudden money syndrome" before I make any more choices. After that the larges portion will be invested in good quality mutual funds to provide an income for life. I never plan to retire completely, but my current job is history. Eventually, I would love to give generously to various charities.


alanpks4
Rating
First I'd have to pay taxes on it. Don't want to end up in jail for tax evasion. They are very serious about that here in the US.

I would then take the remaig and put it into cd's at different banks. Cd's don't make the most interest but they are the most secure.

I would collect interest and add that to the principle until i reached back to that million dollar amount,
In the mean time I would use all my savings to pay off the house so that I would have no bills.

At that point I would retire and live off the intrest.


Thin Kaboudit
Put it with the others...


re.gibbs
set it in the bank and live modestly off the intrest. i wouldn't have to work for the rest of my life and i could devote all my time to my kids!


glenn
My daughter just told me she is getting married. Some of it would go to that party! I would donate to charity and pay off all my debts.
That is probably that.


bobthebrowser
Rating
enjoy it immensely,but first change it into pound sterling


zapf1423
Rating
Pay off my house, buy a decent car, help my family, donate some of it, put some aside for my kids and invest some of it wisely.


Pilot Paul
First I would eliminate all debt.

Second I would give away a good amount to help the African AIDS orphans.

Third, I would use the rest to purchase some assets like investment property or a good small business. These will continue to build wealth.

This would help me make sure I'm not like the many lotto winners that are bankrupt after a few years.

Check out this site to see some good ways to responsibly manage money:

http://www.FinancialFreedomTrail.com

It teaches ways to control your money rather it control you.


knowitallwhenasked
Rating
Invest in Berkshire Hathaway stock, all of it.


Balls W
Invest it and live off the interest.


breashes02
I would definitely put money up for my two kids to attend college and I would pay off my debt. Then I would find a business to open.


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