The comment section is all yours. But for me, it is enough. And by investing the remaining money, you can get more money than the interests. Moreover, I do not really trust charities to use the money I would give correctly. I never got any when I needed it, and there are more effective ways to improve other people's lives than to give them a hand out. I am not a personal finance professional and you should seek out a professional before making any financial decisions. I'm lucky that I don't have any debts.
Au Revoir At first nothing. Of course, there are other fees. I'm incredibly excited about starting my real-estate investment career. And on the other hand, I believe this would slow down my quest for Financial Independence. I would carefully allocate the money in a gradual manner. With that out of the way, dad could retire and do well on what he has available now.
My kids would have two stay at home moms- because at the level of financical consumption we live, a million would be enough for us. Long and convoluted plan, but there it is. Embrace low fees and hold for the long term. The money would come with strings attached - I would likely retain a financial advisor to help guide my family through the process of learning how to handle money better. It would also be a great way to learn. Take a vacation 2-3 times every year. It's not enough to retire on, at least not for me.
You would need that much for the payroll and to pay your investors until the business starts making monies on its own even if it is a really small business. Please confirm the information below before signing up. Yes, even with a million dollars. The country used to be a British colony, but it achieved independence in 1978. Sort of, it enables us to open our minds to the possibilities of life and it validates our current beliefs about happiness.
The only thing I would want to splurge on is to fly first class once on an international trip — the one with an actual bed. On the one hand, I would really like to have my own place. The type of sectors that you want should be the type that represent value over the long haul — like decades — rather than just in the latest market cycle. MapleMoney receives compensation from some companies issuing financial products, like credit cards and bank accounts, that appear on this site. Robyn Coady Welcome and congrads.
We are compensated to provide our opinions on products, services,websites and various other topics. It is considered as one of the Original Six members of the league. For times that it is not possible to achieve such diversity, probably starting with secure and stable ones can give way to interests that can allow for more high-risk picks. Read or listen to several books, get a mentor or two and put most of that money in a safe account until you have a handle on starting investing. Then lastly buy us a house we could all live in comforablly, all 4 of our kids are at home right know 2 in college and one high shcool and one jr. Question 1 Would you steal a business idea from your best friend? I'd go with stocks but I wouldn't dump them in a particular fund or holding all at once. It allows you to live the life you want.
I would pay back my scholarship donations to the orgs that gave me money all those years ago. These apartment buildings would provide cash flow as well as increase in value from year to year as my property manager and I improve the quality of tenants, increase rents, and improve the net income the building produces on the income statement. How would you invest a million dollars? Continue and expand my ministry of helping people by giving them free financial counseling and instruction. I would just be able to act on a few things I have already planned, and wouldn't even do them much differently than I would if I was working steadily again, just a little more quickly. I would use some of the money to have a dream wedding with my honey, and I'd give serious thought to investing in starting our own business es , which could possibly involve family members, depending on the nature of our work.
I would basically try to live off of the million dollars for the rest of my life. Or, a different scenario: you work your butt off for 40 years, saving and investing wisely, and eventually get to a net worth of a million dollars. After twelve months, you will be asked to provide consent again. I love reading posts like this and hearing what people would do. After that I would continue to run and operate said businesses to a profit all the while educating myself in both fiance, economics, business, and Genetic biology. The point is to get you thinking about what you would do if you woke up tomorrow and had that kind of cash sitting in the bank. Of course, what are the odds? Our goal involves using active wholesale marketing to find deals and create profits wholesaling with which to acquire buy and hold properties which will also be found through our own wholesale marketing efforts.