This topic is locked, no replies allowed. Inaccurate or out-of-date info may be present.

  • Print

Topic: If you had 2 Million Dollars  (Read 2280 times)

bshee58

    US flag
    View Profile
  • Gold Member
  • ********
  • Posts: 3234 (since 2017)
  • Thanked: 85x
Re: If you had 2 Million Dollars
« Reply #15 on: November 18, 2019, 11:41:09 am »
If I had 2 Million $'s, I would pay off all my debts, get a new house built, 3 large bedrooms, large kitchen, large bathrooms, two car garage, large backyard, paved driveway, then give to my church.

mapiklfish

    US flag
    View Profile
  • Elite Member
  • ******
  • Posts: 826 (since 2015)
  • Thanked: 25x
Re: If you had 2 Million Dollars
« Reply #16 on: November 18, 2019, 12:54:14 pm »
Pay off all bills, put most of the rest in some kind of investment to live off of and have a good sized slush fund in savings that was easily available for medical bills, emergencies and travel.

Tresbn00

    US flag
    View Profile
  • Gold Member
  • ********
  • Posts: 3551 (since 2009)
  • Thanked: 205x
Re: If you had 2 Million Dollars
« Reply #17 on: November 18, 2019, 08:14:47 pm »
I would assume that the two million dollars would be above and beyond what I was currently earning and investing. I would quit one of my three jobs so that I could spend a little time analyzing investments and good places with which to place the money.  I would invest one and a half million dollars conservatively in a balanced portfolio earning five percent which would pay me seventy five thousand dollars a year and of that earned money: thirty thousand dollars would go taxes, twenty five thousand would go back to the initial two million and twenty thousand would be added to what I give to my family already. I would use the other five hundred thousand dollars for other, riskier ventures. I have lived a long, hard working and frugal life and wish to leave my children well off.

singletonb

    US flag
    View Profile
  • Gold Member
  • ********
  • Posts: 2676 (since 2012)
  • Thanked: 79x
Re: If you had 2 Million Dollars
« Reply #18 on: November 18, 2019, 10:34:47 pm »
If I had $2 million dollars, I would get all my bills and my daughters' bills paid off, support a few charities and save the rest.
*Image Removed*

elvisdo

    US flag
    View Profile
  • Gold Member
  • ********
  • Posts: 2072 (since 2009)
  • Thanked: 35x
Re: If you had 2 Million Dollars
« Reply #19 on: November 19, 2019, 04:50:43 am »
First thing is always to get out of debt. That would be my focus. Put money away for children's college, help other family members, and then do some investments. Then I would see how I could enjoy some of that money.

Yukichan77

    US flag
    View Profile
  • Silver Member
  • *******
  • Posts: 1331 (since 2016)
  • Thanked: 24x
Re: If you had 2 Million Dollars
« Reply #20 on: November 19, 2019, 09:44:58 am »
I would donate a lot of money to charities, travel, pay off loans, give some to family and friends, buy lots of clothing, and buy lots of amazing skincare products.

sfreeman8

    US flag
    View Profile
  • Gold Member
  • ********
  • Posts: 3383 (since 2013)
  • Thanked: 135x
Re: If you had 2 Million Dollars
« Reply #21 on: November 19, 2019, 11:01:54 am »
1. The first thing I would do is to split $1 million to St. Jude's, Shriner's, Wounded Warriors, Dan Band for veterans, and there's another veteran organization.
2. Give $50K each to 2 sons.
3. Buy hubby's dream '55 Crown Vic.
4. Finish this house the right way. Hmmm. Tearing down and rebuilding might be easier. :)
5. Invest the rest.

pectacon

    US flag
    View Profile
  • Silver Member
  • *******
  • Posts: 1455 (since 2016)
  • Thanked: 30x
Re: If you had 2 Million Dollars
« Reply #22 on: November 20, 2019, 07:07:49 am »
It would be so fun if you were rich to secretly pay someone's rent or randomly surprise people with $1000 tips and things like that.
*Image Removed*

ghunter

    US flag
    View Profile
  • Platinum Member
  • *********
  • Posts: 4199 (since 2010)
  • Thanked: 165x
Re: If you had 2 Million Dollars
« Reply #23 on: November 20, 2019, 08:01:51 am »
I will retire and travel, buy a new house give some to the church a Family

vp44

    US flag
    View Profile
  • Gold Member
  • ********
  • Posts: 2927 (since 2012)
  • Thanked: 65x
Re: If you had 2 Million Dollars
« Reply #24 on: November 29, 2019, 11:35:27 am »
I would take my son to Europe he seems to love the place.

kleenex40

    US flag
    View Profile
  • Hero Member
  • *****
  • Posts: 661 (since 2012)
  • Thanked: 5x
Re: If you had 2 Million Dollars
« Reply #25 on: November 29, 2019, 08:27:53 pm »
I would help my family and people i know with there bills and dept,donate to cancer ,invest some of it,put money in every mailbox in my town and lastly fix my house :)

nickylanena

    US flag
    View Profile
  • Silver Member
  • *******
  • Posts: 1866 (since 2011)
  • Thanked: 40x
Re: If you had 2 Million Dollars
« Reply #26 on: November 30, 2019, 12:12:50 am »
I would do the following:

1. Pay off my two student loans

2. Pay off my automobile loan

3. Pay off my mother's expenses

4. Purchase a four-bedroom home in the south

5. Invest in the stock market (or real estate)

6. Donate to a few charities and my church

I would pay off all of my expenses, too!
Opinion: 1) a view, judgment, or appraisal formed in the mind about a particular matter 2) belief stronger than impression and less strong than positive knowledge
This is the internet, learn to let people have opinions. And don't be so sensitive.  8)

myfreebees316

    US flag
    View Profile
  • Silver Member
  • *******
  • Posts: 1582 (since 2013)
  • Thanked: 22x
Re: If you had 2 Million Dollars
« Reply #27 on: November 30, 2019, 04:50:12 pm »
Hmmm id set 500,000 in a retirement account that gets invested. I'd put 1 mill in savings with high interest and just live off the interest. For the remaining 500k it go into stocks and bonds for non retirement

tantricia44

    US flag
    View Profile
  • Gold Member
  • ********
  • Posts: 3590 (since 2010)
  • Thanked: 83x
Re: If you had 2 Million Dollars
« Reply #28 on: November 30, 2019, 10:32:39 pm »
If I had 2 million doors, I'd donate like crazy & get my income tax refund so I can donate more & structure my 4O1k,& CD's extra!

  • Print
 

Related Topics

  Subject / Started by Replies Last post
35 Replies
10222 Views
Last post September 11, 2009, 05:02:09 pm
by dream420believer
16 Replies
2266 Views
Last post April 30, 2013, 05:33:32 am
by lgemini
74 Replies
6856 Views
Last post November 21, 2013, 11:57:36 pm
by shunntwo
41 Replies
3442 Views
Last post January 17, 2016, 05:57:27 am
by ejholt
27 Replies
2301 Views
Last post July 24, 2016, 04:25:13 pm
by Cbsteffen