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-   -   if someone dropped 1 Million USD in your lap today... (https://gfy.com/showthread.php?t=374177)

Ross 10-19-2004 12:13 PM

I'd put it in the bank, leave it for a while and get some advice on how best to spend it. $1,000,000 is nowhere near enough to live on for the rest of your life.

Serge Litehead 10-19-2004 12:14 PM

Invest in real estate and travel to few places i've been wanting to see.

Stephen 10-19-2004 12:21 PM

Quote:

Originally posted by tony404
half in my personal account and half into my business. I would agressively grow my business.
While I haven't read past the first page, it's nice to see someone around here with enough confidence in their current ventures to not simply dump the lot and buy an apartment building...

:winkwink:

detoxed 10-19-2004 12:22 PM

I'd invest $100k in $500k worth of real estate. I'd invest $200k in my online businesses and startups. I'd put $300k into a mutual fund with at least 12% annual return over the past 15 years. I would spend the remaining $400k into starting a business with the intentions of selling for a few million in a couple years.

sean416 10-19-2004 12:28 PM

I know exactly what I would do. I would invest in third world countries, buy land over there. Countries like Morocco, Greece, Italy, you can pick up some ocean front land extremely cheap. My father had the chance back in the 70's to buy some land and at the time he just wasnt sure if he had the extra money to throw down and thought he would play it safe. If he would have bought that land it would have been worth over 20million dollars now. He could have bought it for pennies, seriously.

Alot of countries have rapidly growing metropolitan areas. People in third world countries love western civilisation like McDonalds, Huge fitness facialities like Bally's, etc. People who take the time to study the culture and make the right connections to be able to open up businesses like that make a killing, you could make that million back in the first month.

But there's no rush and im only 21.. by the time im 30 I'll have my one meeeeilion to invest in poor countries.

wdsguy 10-19-2004 12:35 PM

first thing i would do is move

WiredGuy 10-19-2004 12:45 PM

Quote:

Originally posted by LadyMischief
Get your own!!! If you do, I'll make you dinner again...
Tempting...
WG


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