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What would you do with a million dollars?

WartsandallWartsandall Registered User Posts: 14,151 Senior Member
edited August 2009 in High School Life
If I had a million dollars I would probably donate about three fourths of it to my church, family, and charity. What would you guys do?
Post edited by Wartsandall on

Replies to: What would you do with a million dollars?

  • teamfrangela92teamfrangela92 Registered User Posts: 880 Member
    Pay off all of my schooling -- $250,000 est.
    Save in my bank account -- $100,000
    Give to my family --- $500,000
    Donate to various charities -- $100,000
    SHOPPING BWAHAHAHA -- $50,000 [not in one try, but just whenever I want to. This includes vacations for the family and a car baby!]
  • HarambeeHarambee Registered User Posts: 2,604 Senior Member
    Assuming it's after taxes, I would:

    +Buy a big house on the Kenyan coast = $100,000
    +Save for college = $250,000
    +Give it to my family = $300,000
    +Give to Church = $200,000
    +Donate & Save = $150,000
    +Buy a lifetime supply of Snickers = Priceless
  • WartsandallWartsandall Registered User Posts: 14,151 Senior Member
    Right, after taxes:) Thanks for your responses:>
  • JadoreKelseyJadoreKelsey Registered User Posts: 107 Junior Member

    School costs - $250,000
    To my family - $225,000
    Charities - $225,000
    Savings account: future (after I start a family, retirement) - $250,000
    Savings account: present - $50,000
  • desi_chickdesi_chick Registered User Posts: 1,692 Senior Member
    donate. get myself into an ivy *wink wink* Princeton, save money (for future), give some to family.
  • ChoklitRainChoklitRain - Posts: 2,625 Senior Member
    ^ rofl unless you plan on paying some asian kid to get you a 2400, the money wouldn't help you get in to princeton. after saving, donating, and giving some to your family? we're talking peanuts here.

    and i'd put the million in to chinese currency, and then in to money market accounts. all of it.
  • UnoriginalUnoriginal Registered User Posts: 927 Member
    Buy a nice house with 3 tennis courts- one grass court, one clay court, and one hard court
    Buy a BMW
    Save for college
  • desi_chickdesi_chick Registered User Posts: 1,692 Senior Member
    who said paying an asian kid to get me a 2400. i'll just bribe princeton. and after all, princeton doesn't ask for a million dollars...i mean 100,000 should do, right?
  • ChoklitRainChoklitRain - Posts: 2,625 Senior Member
    ^ 100k will get you two years of tuition+fees. but it won't get you in. ROFL 100k is peanuts in terms of getting in. even a million is peanuts. pay for a 30 million dollar building and you're in.
  • Secret Asian ManSecret Asian Man Registered User Posts: 2,497 Senior Member
    Invest in it
  • TheMan777TheMan777 Registered User Posts: 685 Member
    $250,000 for my undergrad
    $100,000 for my grad
    $250,000 to pay part of the house my oldest brother bought
    $150,000 to my older brother who is struggling to find a job because of his disabilites
    $250,000 to my parents for their retirement

    *sigh* 1 million right now sounds awesome...
  • ThisCouldBeHeavnThisCouldBeHeavn - Posts: 16,060 Senior Member
    LOL @ the losers paying a quarter mil for college
    Savings account: present - $50,000

    Those were profitable over the last year because of deflation, but they tend to lose you money..
  • desi_chickdesi_chick Registered User Posts: 1,692 Senior Member
    ^^ oh dear, then i guess i'll have to give my plan up for getting into Princeton. LOL.
  • smilemyonlysmilemyonly - Posts: 1,972 Senior Member
    1. shopping spree: head over to fifth ave in the city; then fly over to rodeo drive.
    2. get myself a new Audi Q7 Diesel
    3. invest and save.
  • tbolts856tbolts856 Registered User Posts: 265 Junior Member
    Buy a mid 90s/early 00s Mustang in good shape. Or a Subaru Impreza WRX STI. No more than $35,000. A lot cheaper if I bought the Mustang lol.
    Save a good chunk for college/law school. $350,000.
    Save/invest the rest for after college. House, car, etc. More than $600,000, exactly how much would depend on college/law school costs.
This discussion has been closed.