What would you do if you had 1 million dollars?

Question

Screenwriter · Accepted Answer

You REALLY need 10 million to do anything positive with your life and to help others.

I'd create college funds for historically black universities and funds for women, especially single mothers, to get through college or train for jobs.

I'd set up a fund to finance PBS documentaries in science, nature, history.

I'd build low-income housing and set up a low-income housing fund to educate low-income, first-time homeowners on what they need to know to keep up their homes.

I would support development of better, safer contraceptives, and support groups who are keeping contraceptive choice alive.

I'd buy up several empty blocks around my city to create pocket parks in underserved areas as well as create neighborhood gardens in those areas. I'd provide supplies such as seeds, fertilizer and offer training so people can learn basic gardening and buy fruit trees where these can be grown.

I'd invest at least 3 million of the 10 to keep the funding alive for future financing of these programs.

For myself, I'd buy a city block in my neighborhood, put in a neighborhood garden and pocket park, devote one third of the housing to low-income renters and move in the rest of my relatives and friends who'd care to live in my housing/park/garden neighborhood!

I'd do a little world traveling with friends and relatives.

TrueConfection · Accepted Answer

Pay off my kids’ student loans, give my husband half of what’s left, then I would watch it all disappear in my rear view mirror.

NaultD · Accepted Answer

I personally got half from a windfall. In terms of lifetime, it's not that much. $10,000 and putting it in roth 401k or roth ira at 18 turns into almost 10 million. So if you're not retirement age already max those two things out. So still working like nothing happened.

If you're smart you'll hire a fiduciary wealth manager at a rate of 1% per year. Better money they make for you the better money they make. Because all your income is stored away in the 401k you'll give yourself an allowance of your needs. Pretty fixed income.

Maybe buy a house if intrest rates are lower then 5% (mines legendary low from early 2020 at 3% so easy get). In theory your money in the market makes like 7% so you'll make a profit in a 30 year mortgage from a bank loan compared to the same cash being used to out right pay the morgage off. So easy 1 to 1 investment.

But Also saying fuck it I'm free to do whatever whenever is potential more valuable in terms of renting and moving. Buying a house is good if you're in it for the long haul 10 plus years. it's not an automatic go to move anymore for majority of people to be honest.

Bricealan · Accepted Answer

@melanie31 I have a friend that lost everything he had been building up in Northern California when a wild fire went through there and burned everything. (Kern County) He had been sinking money in a property there since he was 20 years old. I would give him the money to rebuild everything he had before.

bolverk · Answer

$1 million (£750,306) is not a lot these days, but that is not really a lot today. I'd clear off any debts I have, and set a funeral plan. After that I'd buy a property that can be set up as a shelter for men who have been on the bad end of Domestic Violence, as there are none here in the UK, and I'd recruit homeless Ex forces as staff and security.

Miristheiss · Answer

Get with my financial advisor and talk out my gameplan. With all of the investments I currently have growing this should be more than enough to retire and we'd talk out how best to do that.

Then I'd pursue my hobbies and travel.

Lliam · Answer

Pay off my mortgage and HELOC and keep put the rest of the money in my IRA to use as needed down the line.

exitseven · Answer

probably not tooo much. A million dollars is not the game changer that it used to be.

Anonymous · Answer

Other than make sure that me and my wife's needs were met, I would give bigger and more frequent donations to:

* TruNews with Rick Wiles (and the other components within Faith & Values)

* Alliance Defending Freedom

* Meals On Wheels

* Union Gospel Mission

* Americans United For Life

* Second Harvest

* Liberty Counsel

* National Organization For Marriage

* Students For Life

(and perhaps other ministries and causes)

ProbablyClueless · Answer

Start by knocking out my student debt. Then I'd invest in a Roth IRA and some investment properties. Maybe look into investing in the stock market in a few months.

MemeSupreme · Answer

i would probably lose my shit if it randomly appeared lol

AviatorTom · Answer

I'd give it to St Jude Children's Hospital, where they do excellent care of children with cancer.

LauraJ00 · Answer

Invest it. Make another million. Quit job. Live off of the interest.

jamesgoldman · Answer

£800k assuming it's tax-free Buy the house (£300k) Invest half of the remainder for passive income and use 25% of the overall to conduct business and the rest I'll enjoy

slatyb · Answer

Add it to the 2 million I already have and travel more.

OldBlu · Answer

If you were my age, I'd sail away to China
In a little row boat to find yuh,
I'd say I had to get my laundry cleaned
Ain't nothing going to break my stride, nobody going to hold me down
I got to keep on moving

FreyaRed · Answer

Nothing special. 1 million USD isn't really that much that I could start a new jet set life.

Sal_Monella · Answer

Get completely out of debt, upgrade my residence, and upgrade my vehicles. If I had money leftover, which I probably would, some international travel.

andreasderjuengere · Answer

I'd change them to a more convenient currency.

DJB72 · Answer

After my debt is paid off I'd probably have enough for a small dinner. As long as I don't have wine.

WonderingManII · Answer

I'm not sure, I'm not used to spending my money very much. I would do a lot of thinking about it.

Alex-Snow · Answer

First pay off my student loans. Then invest the rest

glennos89 · Answer

Buy a private jet and fly into the forbidden area on Antarctica to see what they are hiding from us

kellytheman · Answer

Many things. Buy a brand new car, travel, build a house, live somewhere else in the United States.

bddddd · Answer

I have $1 million and it has not changed my life

Staximus · Answer

Move out in the middle of nowhere away from the city. Less assholes equals less problems.

Jerre · Answer

I would buy you a 1st Class round trip ticket to visit me

Godihateyou · Answer

I'd buy $999,985 of Bitcoin and $15 for high ABV 6 pack of Voodo Ranger IPA

Anonymous · Answer

Tell my haters to go f themselves and dance in a money pile while sitting on the beach

midnightmoon05 · Answer

But another property.

Amur8711 · Answer

Invest it so I can live off the interest and then have the option of working or not.

OlderAndWiser · Answer

Retire.

4ngelic · Answer

save 900k securely, spend 100k on whatever i want

DryGermanGuy · Answer

Go back in time and marry Lorraine Baines! 🤪👍

jshm2 · Answer

Give it back, don't need the pay cut.

Shortkay4568 · Answer

Get a private island and a few mades and guards

Massageman · Answer

Is that tax-free?

Wise4myage · Answer

I’d invest in property.

retarb · Answer

Prolly get fucked over by the IRS lolmao.

Pterodon · Answer

Get out of debt first

Bklynbadboy12 · Answer

Flip it the legal way

BobbieBoy666 · Answer

Quit my job.

eagle1951 · Answer

pays bills and save it

WhiteThought · Answer

Invest my money

DrPepper12 · Answer

Travel

jimmy2 · Answer

Givevit away

Rohaan2020 · Answer

Invest it

Anonymous · Answer

Buy a house

What would you do if you had 1 million dollars?

Most Helpful Opinions

What Girls & Guys Said

What would you do if you had 1 million dollars?

Most Helpful Opinions

What Girls & Guys Said

We're glad to see you liked this post.