Comments on: What Would You Do With a Million Dollars? http://moneysmartlife.com/what-would-you-do-with-a-million-dollars/ Money Tips for a Better Life Wed, 17 Mar 2010 02:05:30 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: carlos taveras http://moneysmartlife.com/what-would-you-do-with-a-million-dollars/comment-page-1/#comment-169884 carlos taveras Tue, 12 Jan 2010 01:00:38 +0000 http://moneysmartlife.com/what-would-you-do-with-a-million-dollars/#comment-169884 if i had a million dollars, i'd be rich!! if i had a million dollars, i’d be rich!!

]]> By: Don Ramone http://moneysmartlife.com/what-would-you-do-with-a-million-dollars/comment-page-1/#comment-169854 Don Ramone Mon, 11 Jan 2010 05:51:34 +0000 http://moneysmartlife.com/what-would-you-do-with-a-million-dollars/#comment-169854 I have $1 million dollars in cash sitting in at least 10 banks and don't know what to do with it. Hey, at least it's insured and safe. I live a very simple lifestyle and own my home. I can buy everything I could possibly ever want for about $100,000. Car, computers, TV's, vacations. Then again I'm single, not married and no kids. DO NOT invest in the stock market-they are all liars and you can't trust the company news or the CEO's looting the company. If you like to gamble go for it maybe you'll get lucky. Many people are stupid when it comes to money...and many other things for that matter. A million dollars IS a lot of money for anyone-don't be greedy. Buy what you need and a few things you want and enjoy life and help others. I have $1 million dollars in cash sitting in at least 10 banks and don’t know what to do with it. Hey, at least it’s insured and safe.
I live a very simple lifestyle and own my home.
I can buy everything I could possibly ever want for about $100,000.
Car, computers, TV’s, vacations.
Then again I’m single, not married and no kids.
DO NOT invest in the stock market-they are all liars and you can’t trust the company news or the CEO’s looting the company.
If you like to gamble go for it maybe you’ll get lucky.
Many people are stupid when it comes to money…and many other things for that matter.
A million dollars IS a lot of money for anyone-don’t be greedy.
Buy what you need and a few things you want and enjoy life and help others.

]]> By: notsofast http://moneysmartlife.com/what-would-you-do-with-a-million-dollars/comment-page-1/#comment-168105 notsofast Sat, 05 Dec 2009 20:03:30 +0000 http://moneysmartlife.com/what-would-you-do-with-a-million-dollars/#comment-168105 P.S. can anyone tell me what kind of tax ill pay on 2 million in Texas, ive figured by going to a investing website they had a calculator and for investable moneys which i dont think this is itll be about $287,000.00 does that sound right/// P.S. can anyone tell me what kind of tax ill pay on 2 million in Texas, ive figured by going to a investing website they had a calculator and for investable moneys which i dont think this is itll be about $287,000.00 does that sound right///

]]> By: notsofast http://moneysmartlife.com/what-would-you-do-with-a-million-dollars/comment-page-1/#comment-168104 notsofast Sat, 05 Dec 2009 19:57:35 +0000 http://moneysmartlife.com/what-would-you-do-with-a-million-dollars/#comment-168104 Well im about to get 2 million in a lawsuit and i have no clue what to do. i want to invest and double what i have in about three years does anyone now if thats possible. i would buy a second car for me and my wife and since i still have a job probably keep renting with my income and wait till i have alot more than what i originally got, i would try to go on a honeymoon i never got to go on one either and set up a college trust fund for my daughter she is 1 month and 2 days today...other than that probably not much else im 26 y/o and got alot of time left to make more money and buy midlife crisis cars and all that...oh by the way in 3 years i will be out of a job (related to the lawsuit) so definently fo back to college and get a masters in civil engineering ...one catch though becasue of why lawsuit is going to get me 2 mil.. i am now deaf so maybe ill try to live off the intrest after i double it in the stock market, not the way i wanted to get rich with losing my hearing and all but ill take what i can get when i can If life throws you lemons make lemonade Well im about to get 2 million in a lawsuit and i have no clue what to do. i want to invest and double what i have in about three years does anyone now if thats possible. i would buy a second car for me and my wife and since i still have a job probably keep renting with my income and wait till i have alot more than what i originally got, i would try to go on a honeymoon i never got to go on one either and set up a college trust fund for my daughter she is 1 month and 2 days today…other than that probably not much else im 26 y/o and got alot of time left to make more money and buy midlife crisis cars and all that…oh by the way in 3 years i will be out of a job (related to the lawsuit) so definently fo back to college and get a masters in civil engineering …one catch though becasue of why lawsuit is going to get me 2 mil.. i am now deaf so maybe ill try to live off the intrest after i double it in the stock market, not the way i wanted to get rich with losing my hearing and all but ill take what i can get when i can

If life throws you lemons make lemonade

]]> By: candy http://moneysmartlife.com/what-would-you-do-with-a-million-dollars/comment-page-1/#comment-163720 candy Tue, 13 Oct 2009 10:35:40 +0000 http://moneysmartlife.com/what-would-you-do-with-a-million-dollars/#comment-163720 well for me i would so have the meanest party buy myself a couple of businesses invest half of the family spoil my family id do so much... well for me i would so have the meanest party
buy myself a couple of businesses
invest half of the family
spoil my family
id do so much…

]]> By: Indy Samra http://moneysmartlife.com/what-would-you-do-with-a-million-dollars/comment-page-1/#comment-163647 Indy Samra Sat, 10 Oct 2009 18:40:12 +0000 http://moneysmartlife.com/what-would-you-do-with-a-million-dollars/#comment-163647 Personally, I'd recommend diversifying in a well thought out portfolio of stocks, bonds, and mutual funds. Even in today's economy, there are still investments such as Tax Free Municipal Bonds that pay 7%+. Laddering your investments in 7% bonds, you could successfully ensure to receive monthly income, totaling $70k per year. Best part is, your investment is liquid at the fair market price, any business day. Personally, I’d recommend diversifying in a well thought out portfolio of stocks, bonds, and mutual funds. Even in today’s economy, there are still investments such as Tax Free Municipal Bonds that pay 7%+. Laddering your investments in 7% bonds, you could successfully ensure to receive monthly income, totaling $70k per year. Best part is, your investment is liquid at the fair market price, any business day.

]]> By: rama http://moneysmartlife.com/what-would-you-do-with-a-million-dollars/comment-page-1/#comment-161699 rama Mon, 14 Sep 2009 21:23:24 +0000 http://moneysmartlife.com/what-would-you-do-with-a-million-dollars/#comment-161699 Million dollars is not that much is it? Well for someone like me from a foreign country it is quite handful...I would buy rental properties all over the place in my country, rent it and then arrange to have money rolling into my account (after the taxes are taken care of, so I know what is in bank is mine to spend) and then go on world tours. Do charity/helping/living/travelling/ everything out of this rolling money....not a bad thought :) Million dollars is not that much is it? Well for someone like me from a foreign country it is quite handful…I would buy rental properties all over the place in my country, rent it and then arrange to have money rolling into my account (after the taxes are taken care of, so I know what is in bank is mine to spend) and then go on world tours.

Do charity/helping/living/travelling/ everything out of this rolling money….not a bad thought :)

]]> By: John http://moneysmartlife.com/what-would-you-do-with-a-million-dollars/comment-page-1/#comment-148279 John Thu, 07 May 2009 15:03:27 +0000 http://moneysmartlife.com/what-would-you-do-with-a-million-dollars/#comment-148279 It is so true that life can throw you many curves and you really never know what may come next but I can tell you that it is more than possible to have a million dollars if you do it right. I begin saving when I was 40 years old. Not a penny before that. By retirement, because of a small inheritance my wife would get, and the money we had saved we would have been worth a million dollars. That was only 20 years of saving to a 401k and an IRA. It can be done but you must do it. I did not take big risks. My investments were conservative but at least part in the markets. I said would have because that is where life got in the way. She found someone else and we divorced. If you are in your 30's right now you can be worth a million or more by retirement and that is the perfect time to have it. The trick is getting there and then keeping it. It is so true that life can throw you many curves and you really never know what may come next but I can tell you that it is more than possible to have a million dollars if you do it right. I begin saving when I was 40 years old. Not a penny before that.

By retirement, because of a small inheritance my wife would get, and the money we had saved we would have been worth a million dollars. That was only 20 years of saving to a 401k and an IRA. It can be done but you must do it. I did not take big risks. My investments were conservative but at least part in the markets. I said would have because that is where life got in the way. She found someone else and we divorced.

If you are in your 30’s right now you can be worth a million or more by retirement and that is the perfect time to have it. The trick is getting there and then keeping it.

]]> By: Bill Hutson http://moneysmartlife.com/what-would-you-do-with-a-million-dollars/comment-page-1/#comment-148000 Bill Hutson Mon, 04 May 2009 01:38:58 +0000 http://moneysmartlife.com/what-would-you-do-with-a-million-dollars/#comment-148000 I already work over 100 hours per week so that I can sustain Table Talk Ministries, we make free home repairs for the elderly and the disabled. First, I would eliminate the waiting list, we currently have 36 on it. Then I would purchase a couple newer trucks with tool beds and trailers so we could be more effective in our work. Lastly, I would be able to start a proper ad campaign to bring in donations, (they're tax deductible). I actually, might splurge on a vacation/honeymoon, I haven't had a vacation since 1982, I got married in 2002 and we never got to go on a honeymoon. I would continue to work until I knew for sure that Table Talk could become self-sustaining. I already work over 100 hours per week so that I can sustain Table Talk Ministries, we make free home repairs for the elderly and the disabled.
First, I would eliminate the waiting list, we currently have 36 on it.
Then I would purchase a couple newer trucks with tool beds and trailers so we could be more effective in our work.
Lastly, I would be able to start a proper ad campaign to bring in donations, (they’re tax deductible).
I actually, might splurge on a vacation/honeymoon, I haven’t had a vacation since 1982, I got married in 2002 and we never got to go on a honeymoon.
I would continue to work until I knew for sure that Table Talk could become self-sustaining.

]]> By: Wyndm http://moneysmartlife.com/what-would-you-do-with-a-million-dollars/comment-page-1/#comment-143142 Wyndm Sat, 28 Mar 2009 04:24:42 +0000 http://moneysmartlife.com/what-would-you-do-with-a-million-dollars/#comment-143142 oh and also i would help others if I could cause i know what its like to not have well good luck to everyone on there journeys and GODBLESS. oh and also i would help others if I could cause i know what its like to not have well good luck to everyone on there journeys and GODBLESS.

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