What would you do with $1.000.000?

by mark z
29 replies
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Alright warriors,
let`s play one game to get know each other better.

So,
if someone would give you money to spend on whatever you want, with only one condition - to spend it within next week, what would you do with:

1) $100
2) $1.000
3) $10.000
4) $100.000
5) $1.000.000

Honest answers only, please. :rolleyes:
  • Profile picture of the author Creative Thinker
    I will just answer the 5)

    Honestly, I will look for a property or set of properties which are generating rental income and buy it out. Then not only will my $1m grow but also I would get passive income which I can spend without reasoning!

    And here's something related to it.

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    • Profile picture of the author htam
      I will donate some of them to build a center for educating people of becoming financially wealthy and build a troop to fight world poverty and hunger. Sounds idealistic, may be I am, but it's breaking my heart each time I heard that a child must die because of malnutrition.
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  • Profile picture of the author Mikedb
    That is easy!
    Start with $100
    Repeat what you make with $100 (easy)
    In a short while you will make 1K.
    Repeat that and 10K is done.
    Same goes for 100K and a million.

    So recap:

    When you know what will bring you $100
    1 million isn't that hard.
    Outsource what you know!

    Regards,

    Mike
    Signature
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  • Profile picture of the author nunuhaha
    5) $1.000.000. Shopping is a quick way, may I ask that is there chioce 6) here?
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  • Profile picture of the author mark z
    Well ... no one provided all five answers yet.
    Come on, guys.
    Lets see your wish list
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  • Profile picture of the author It Is Me
    Originally Posted by mark z View Post

    Alright warriors,
    let`s play one game to get know each other better.

    So,
    if someone would give you money to spend on whatever you want, with only one condition - to spend it within next week, what would you do with:

    1) $100
    2) $1.000
    3) $10.000
    4) $100.000
    5) $1.000.000

    Honest answers only, please. :rolleyes:
    Investing would be a great thing for me.
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  • Profile picture of the author loenex
    I would answer no. 5. I would invest the money in the stock market.
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    • Profile picture of the author Creative Thinker
      Originally Posted by loenex View Post

      I would answer no. 5. I would invest the money in the stock market.
      Common Stocks or Preferred Stocks?
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  • Profile picture of the author pioneer1
    Investing some of the money and do some shopping with the rest
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  • Profile picture of the author automated_atty
    I'd choose number 5. I will invest the money in a business.. Shop and tour!
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    • Profile picture of the author Forest_Parks
      $100, I would say thank you very much to whoever just gave it to me and then off to take them out for some drinks on the money they just gave me
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  • Profile picture of the author Forest_Parks
    No5.... Very likely I would just carry on blogging for fun and take a few years off work doing some volunteering around the world.
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  • Profile picture of the author stevejohn
    1) $100 - buy a pen tablet
    2) $1.000 - buy a digital SLR cam
    3) $10.000 - buy a decent 4 wheeler
    4) $100.000 - buy a decent 4 wheeler and build a great house.
    5) $1.000.000 - buy a costly vehicle, a house, and house full of gadgets.

    I will be dealing this way.
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    • Profile picture of the author neo3006
      With a million, i pay off my house, my debt, take a vacation and put the rest in trust fun account and live off some interest.
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    • Profile picture of the author Karen Blundell
      1) $100 - go out for a nice dinner and bottle or 2 of wine
      2) $1.000 - buy more computer equipment and invest some in advertising my business
      3) $10.000 - take 2 vacations and invest the rest in my business
      4) $100.000 - buy a decent car, and put a downpayment on a great house, put some money in my son's college fund, take a vacation, invest more into my business
      5) $1.000.000 - sell my lower cost house, and upgrade a little, take another vacation just cause I love to travel, create a trust fund for my son, invest more into my business and other passive income opportunities, and relax!
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  • Profile picture of the author tammy56072
    i will buy a house for me and my family. The second thing i will do to buy a car for me.
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  • Profile picture of the author Michael Motley
    buy properties for rentals
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  • Profile picture of the author talewins
    1) $100 I'd buy a housecoat that keeps me warm
    2) $1.000 I'd buy a bottle of bubbles and stand out in my front yard.
    3) $10.000 I'd go to Old McDonald's and order a Big Mac and give them the change.
    4) $100.000 I'd buy a new tire for the left front wheel.
    5) $1.000.000 I'd get a bag of jelly beans.

    I wouldn't have noticed those decimal points except once I bought a piece of land that was 15.0 feet wide and 1,250 feet long.
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  • Profile picture of the author jamie07051975
    $1M doesn't really get you much these days does it! If I ever win the lottery I doubt I would give up work - I look forward to going to be honest and then look forward to coming home to see the kids. I suppose it would be nice to work three days perhaps but my ideal thing would be to set up a charity. £90 million was split between two winners last week in the UK - what would you do with £45M?!
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  • Profile picture of the author rcjcal09
    $100 - Invest in another Mini Affiliate Site
    $1000 - Buy a round trip ticket to see my girlfriend back in Cali.
    $10000 - Invest in a writer to help me write a book on depression and my experiences.
    $100000 - Invest in the development of a website that inspires people to lead their own lives with self improvement and personal development.
    $1000000 - Invest in a stock broker to take care of it (most likely ask him to pull it out by next March since I heard the stock market's going to bail again). Take the dividends and fly my girlfriend around with me while I travel for my work.
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  • Profile picture of the author artwebster
    Although my own immediate needs are for surgery and a carer while I recover (if I ever manage to arrange it) I am surrounded by people worse off than me.

    Cash gifts would be used to relieve some of those people. Money is not an answer but it can be a good interim solution.

    Yes. I am perfectly serious.
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    Build it, make money, then build some more
    Some old school smarts would help - and here's to Rob Toth for his help. Bloody good stuff, even the freebies!

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  • Profile picture of the author spartanic
    With 1 million I'll buy a Ferrari F430 (not diggin the new 458 Italia), house, show quality bulldog, pay all my family's debt, etc.
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  • Profile picture of the author StepOneWeb
    1) Pay bills
    2) Pay bills
    3) Pay bills
    4) Pay bills
    5) Screw the bills, im outa here
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  • Profile picture of the author pharetajh
    Spend within 1 week?

    $100 - get my 1st Pap smear (I keep putting this off!)

    $1000 - books for my son's school library

    $10,000 - a new stove and save the balance

    $100,000 - repay 2 loans , buy a car and put the balance into an emergency fund

    $1,000,000 - $100,000 to my mom, $300,000 for my children's future, $100,000 to my Adult Literacy Tutors volunteer group, $100,000 to various relatives, $200,000 to some children in my country who can't afford life-saving surgery and will die soon without help, $200,000 invested in property.
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  • Profile picture of the author Peter.Anthony
    With $1,000,000, I would put 100k down on 10 properties (worth about 200k each) and just live off the rental income.
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  • Profile picture of the author jessiej
    What will i do with $1.000.000?just simple half i'll convert it to another currency like pound put it on a time deposit and the other half invest it on the stock market play it on the market..so it will be triple $3.000.000
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  • Profile picture of the author Jay_Mueller
    I would pay off all my bills and then invest the rest in real estate since the real estate market is so bad right now and you can get such great deals on houses.
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  • Profile picture of the author powderme
    what would i do with that kind of money well I'd buy me a small cottage at Cyprus then I'll rent it out too tourist and pay my bills 5 years ahead
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