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What would you do if you won $1,000,000?

Submitted by SeaCine_, , Thread ID: 104893

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RE: What would you do if you won $1,000,000?

#181
If I was starting from 0 and suddenly came across a million dollars then I'd be using it to buy up and rent out as many cash flowing single family units as possible. It wouldn't make much sense cashflow wise to do it completely out of pocket but you'd be able to put a lot more down to build equity right away and increase the bottom line long term. Now adays though I'd be waiting to see what the market seems to hold for 2019 and think of buying or developing a nice apartment complex somewhere, havent taken a project of that scale on.

RE: What would you do if you won $1,000,000?

This post was last modified: 07-01-2019, 12:33 PM by Pridelord
#182
Or, it's easy. I would spend them on whores, weed and
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RE: What would you do if you won $1,000,000?

#183
Invest a smart amount and feed personal projects for profit.
Would probably keep most of it as backup.

RE: What would you do if you won $1,000,000?

#184
I would invest in a new house and save the rest for future investments or I will invest in a buisness with the rest to get better income

RE: What would you do if you won $1,000,000?

#185
I would invest it in real estate on vacation parks, so I could live of the rent.

RE: What would you do if you won $1,000,000?

#186
I would buy the best computer in the world and invest in SpaceX

RE: What would you do if you won $1,000,000?

#187
Atleast 50% of my winnings would go to my savings accounts, 15% to charity, 15% to my immediate family, and 20% to invest. I feel that would be a good way to split it up.

RE: What would you do if you won $1,000,000?

#188
I would hire someone to wash the things I dont want to and I would donate the rest.

RE: What would you do if you won $1,000,000?

#189
Invest in stock and invest in a new PC as well as invest in some local small businesses.

RE: What would you do if you won $1,000,000?

#190
A million dollars? OK that's really easy.
Half of it goes to taxes when you win a lot of money, so we're really only working with 500K.
First I would pay off my parents' mortgage, and pay off my mortgage. There goes about 150K of it.
Next I will have my kitchen remodeled and my basement finished. That's another 30K.
Then I would choose 10 friends of mine to each give $1,000 to, that's 10K.
The rest of the money would get invested with a mutual fund.

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