What would you do if someone gives you USD 1,000,000?
By JowJie
@JowJie (271)
Philippines
November 21, 2007 2:57am CST
Lets say you received USD 1,000,000 (dont bother on how or who gave it to you), what would you do with that amount?
Me, I'm still young so I'll save half of it for now. For the other half, I will invest it! I will buy lots of real estate properties, mutual funds and stocks.
I will share it with my family too, donate to charities and travel around the world:D
2 people like this
8 responses
@goodsign (2287)
• Malaysia
21 Nov 07
Hi JowJie.
I will liquidate that whole sum of money even for one cent of it. I will negotiate with merchant bank for 15 percent (15%) per annum for it interest earning from my Fixed Deposit Account. And for monthly interest earning through my 'standing instruction', must be 'auto-debit' to my 'American Express' charge card account.
At my American Card charge card account, I am also earning interest on my advance cash deposited by my banker into that account for 4 percent (4%) per annum. And I will use that charge card for my monthly expenses for the rest of my life. So interest earning will balance with my interest on spending. Mean that, anything that I spend just like FREE items.
And I will enjoy my millionaire status forever as I have, own and possess the millionaire financial statement to create more millionaires friendship.
HAPPY DADDY.
1 person likes this
@eden_shii (506)
• Australia
21 Nov 07
if someone gives me 1m dollars this is the allocation:
100k dollars for my mom...
100k dollars for my dad...
100k dollars for my sister...
100k for our youngest sister...
100k dollars for my grandma...
50k for the rest of my relatives and friends...
400k will be invested in stocks, real properties, whatever sort of business...
50k for all my other needs...
1 person likes this
@Savvynlady (3684)
• United States
21 Nov 07
I made a proposal that if I had put that in the bank, I could live very well off the interest alone could be more beneficial.
1 person likes this
@faith210 (11224)
• Philippines
21 Nov 07
Hi JowJie! Oh that will be awesome! Wow, a million dollars will make me so much comfortable in life and I wouldn't be worrying with bills anymore. haha..Then I could help a lot of people especially my family and relatives. I will be investing in real estate too and start a business and travel around the world. How is wish! LOL! Take care and have a nice day. :)
@girljar (287)
• United States
22 Nov 07
I would build a home in Florida, and buy a condo in Colorado. I really would need more than that, though...roflmao. Then, I could build homes in Indiana (family is there), Florida (I love Florida), and Colorada (hubby loves Colorado). We would also buy nice cars (used, with low miles, and hybrids to save gas), and a boat. I would take a nice long cruise while my home was being built. I would also do something for our close family members, like pay off their homes or cars, along with come cash. I would also set up a scholarship fund for children of Marines, and I would invest the rest.