What would you do with $1million dollars?

[9erempiree]

Hedging on the GBP during Brexit with 1 million dollars would have netted you several millions. Maybe even 10 million with the leverage they give you. At the same time, it would be scary as fvck to see 100's of thousands of dollars fluctuate every second.

[Doomsday Dallas]

This Wells Fargo thing doesn't look good.

[Cleverness]

real estate would be a horrible investment, especially right now. it returns about the same as inflation over time.

i like primetime's idea

[Facepalm]

What would you do with $1million dollars?

Leave it under my couch cushions where i found it

[Andrei89]

buy some land for 30k in Romania then put solar panels on all of it

[Charlie Sheen]

Probably blow a chunk of it on a house i couldn't afford to keep 10 years down the road. Do some traveling of my own. Set aside some money for nephew to go to college. Find someone smarter than me to help me out with a plan for retirement a few years earlier than the course i'm set on right now.

I don't have kids a wife or any of that.

[GimmeThat]

when you ask a question like this, it really puts the perspective as to how long a pet's life expectancy is under the micro-scope

[CakeorDeath]

"I tell what I'd do, man. Two chicks at the same time, man."

[~primetime~]

Today wouldn't have been a good day to invest every penny.

I don't feel comfortable investing in very many things the next 3-4 years.

I mean come on people... We are dealing with Trump & Hillary factor.

Investing long term isn't about the next 3-4 years, it's about the next 30-40 years.

Over spans of time that long the market will go up for sure, with recessions maybe even depressions along the way.

[Nastradamus]

2 houses, kid's education fund, retirement fund, vacation fund. Whatevers left I play with

[nightprowler10]

Pay off my house and take care of my father. Invest the rest.

[plowking]

2 houses, kid's education fund, retirement fund, vacation fund. Whatevers left I play with

I can see the temptation in buying a house outright with the cash. Would you rather just have it paid off, or get out a mortgage with a variable rate, have your money producing at a rate higher than that, and pay off with the interest your million makes?

That way, you don't lose your initial capital, you have liquidity to pay off the home when you want, and you might make money on top of your investment at a rate far higher than getting rent, even while paying it off.

Although, buying outright just puts your mind at ease, but with the market the way it is, I don't think the asset grows in price at the rate of your interest. So might not be the most efficient way.

[Jasper]

75k to each 4 kids....

400k to donation

buy two small properties I don't have.

[KyrieTheFuture]

75k to each 4 kids....

400k to donation

buy two small properties I don't have.

What two properties are you buying for 300k? Kansas trailer parks?

[Lebron23]

Start my own newspaper agency, buy 3 franchise of Burger King, buy a house and lot, and have my own pool and court.