What If Someone Gave You $1 Million Dollars To Spend, But Only Two Weeks...
@peaceful (3294)
United States
June 6, 2008 4:04am CST
To spend it all, or lose out on a $10 Million reward...
What on Earth would you do? The reason why I'm asking such a question is here in "Making Extra Money " is that I expect a fair amount of responses from the business- minded folks here on MyLot, as well as the the newbies who are trying hard to learn how a business person thinks about money...
I have a reward for all who respond to this question, too! :)
It's an absolutely free video series called "How To Beat The Recession With E- Commerce" by World Wide Brands- They are absolutely among the best in this field, and if you want to learn what it takes to a little more that some "Extra" money, I highly encourage you to visit my Apsense article, and get those videos...
http://www.apsense.com/article/120062.html
So please kick back and think this through, I'm willing to bet that I'm going to get some great answers to this question, and don't be afraid to use your funnybones, either!
I love a good laugh! :)
1 person likes this
5 responses
@kingcrapper (1536)
• United States
6 Jun 08
$1 million dollars is really not that much any more. I know there are houses around where I live that could easily go for that. Too me, money is a tool and should be used to make more. I would take the money and find a way to invest it to make even more. Something practical like in the stock market when the market drops (that way I get more) or start a business that I always wanted, or find some really great deals on real estate! One million dollars, I could have it spend in the first day, no problem.
@ycpgoldberg (807)
• Malaysia
6 Jun 08
$1M US Dollar = RM3.2M,
which can only buy one bungalow here...
Maybe can buy cheaper second-hand bungalow,
repair and renovation.
2 people like this
@peaceful (3294)
• United States
6 Jun 08
I would try to buy a commercial yacht or luxury fishing vessel in your part of the world, YC...
I sell $100,000 tickets to those Billionaire casino owners so that they can party, while they figure out what else to waste their money on! :)
1 person likes this
@kiran1978 (4134)
• Australia
12 Jun 08
Hmmmm, that is a tough one. I would like to be wise with this money, but at the same time still have some fun as I have been on a tough budget for a while.
I would want to multiply this money so I think the best thing to do is to seek a financial adviser to see the best way of achieving this.
I would look into shares, property, designing my own website, selling products/services in relation to teaching.
With Property I would probably try and buy in an area where I know there is going to be alot of growth or near beachside.
I would invest in shares in a handful of companies such as mining, banks, telecom, etc.
I would see the best web page designer to whip me up a awesome website.
Hopefully I could do this all in two weeks. I wouldn't sleep much and I would get family and close friends to help me research the best ways to invest my money.
1 person likes this
@peaceful (3294)
• United States
12 Jun 08
Those are very good answers, Kiran! :)
It's hard to think about what you would if sudddenly BIG MONEY came into your Life, especially after not having any extra cash for a long time, but my advice is to make it an exercise to think big! :)
Your answers show me that you are on the road to becoming a GOOD PLANNER, which is essential preparation for long lasting success.
Keeping this in mind, how would you spend 1 Million Dollars within two weeks, now that you have had a moment to think about it?
@peaceful (3294)
• United States
12 Jun 08
Some people like this story from my Life, and I hope that you will, too! :)
http://www.apsense.com/article/108192.html
@kiran1978 (4134)
• Australia
12 Jun 08
That would be awesome if big money did come in my life, I could set myself up. I am a planner and I like to set myself goals and have big dreams. I have a dream cork board above my computer with affirmations, goals, and pictures. I will add on there, think big!
1 person likes this
@pokesam94 (131)
• Australia
6 Jun 08
well i myself would put it in a swiss bank acc. the president cant even touch it then then i would take out the money slowly and invest it into a company. make afew more million. not bad huh?
1 person likes this
@peaceful (3294)
• United States
6 Jun 08
That might take more than two weeks, plus with the USD losing value every ten seconds, you might wanna re-think your plans... How about buying a supply of Gasoline?
A million bucks worth ought to last you until the end of the year, at least! LOL! :)
1 person likes this
@peaceful (3294)
• United States
8 Jun 08
Gas just hit 4.00 a gallon in the USA, Back in 2003- I told a friend of mine to buy oil and gas stocks and he ignored me... Some people just don't want to get rich!
This post should be swimming with ideas... C'mon folks lets get some thoughts on the table! :)
@pokesam94 (131)
• Australia
8 Jun 08
yeah true, but in europe it would be a different story. the gasoline might be needed though :P
1 person likes this
