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If it was $1 million after taxes, then I would do the following.
$200,000 down payment on $1 million house (20% down).
$500,000 in CD accounts collecting monthly interested deposited into my checking account to pay for mortgage.
$210,000 to purchase 1000 sites that make $1 day each. Each site will make around $30 month. Figure I would pay 6-7 months of revenue, so I would purchase each site for around $180-$200. $200 X 1000 = $200,000 plus domain transfer fees. 1000 X $30 month = $30,000 month. $30,000 month X 12 = $360,000. After 1 year, I would get my initial investment back plus $150,000 in profits.
$40,000 pay off college loans, credit cards, etc.
$50,000 either purchase nice car and toys or travel while managing my sites through a laptop.
If it is $1 million before taxes then I would do everything but 50%.
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