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$1Million for you.

I've been thinking for a long time. I was wondering, if I had $1million (real life) cash, what would I do with it?
The only answer I could ever come up was to buy a house which cost about $800,000 here where I live (for a good one).
Then invest the other $200,000 in another other house to earn rental income.

But is there any other better way I can spend this money?
What would you do if you had $1million in your real life bank account?

September 22, 2010

6 Comments • Newest first

Countless

[quote=yourMISTAKEN]i already have 2.3m no more for me pls.[/quote]
I request for some donation.
[quote=yumtoast154]Take out about 250,000 to pay off tuition, buy food, and send some to my family. Then the rest stays in the bank for some interest.[/quote]
I'm scared of banks getting liquidated.

Reply September 22, 2010 - edited
yourMISTAKEN

i already have 2.3m no more for me pls.

Reply September 22, 2010 - edited
yumtoast154

Take out about 250,000 to pay off tuition, buy food, and send some to my family. Then the rest stays in the bank for some interest.

Reply September 22, 2010 - edited
Countless

[quote=kappoliffy]Probably buy a house, some things I want, and a new car.
Save the rest and put it in Swedish banks.
Maybe even invest some of it in stock.[/quote]
http://www.wallstreetgreek.blogspot.com/2010/06/secret-swiss-bank-accounts-expose.html
http://dealbook.blogs.nytimes.com/2010/02/03/whats-next-for-swiss-bank-secrecy/
http://news.bbc.co.uk/2/hi/8210006.stm

They might not be as safe now.

Reply September 22, 2010 - edited
Countless

[quote=Jamiroquai]Buy cars. Lots of cars. Real estate is for chumps[/quote]
Probably, but not where I live.

Reply September 22, 2010 - edited
Countless

[quote=Hyperstep]Erase my existence and start life anew.[/quote]

Make a time machine and go back in time.

Reply September 22, 2010 - edited