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Discussion Boards => Off-Topic => Topic started by: Mizzkizz7 on November 14, 2019, 07:16:35 pm

Title: If you had 2 Million Dollars
Post by: Mizzkizz7 on November 14, 2019, 07:16:35 pm: If I had 2 million dollars, I would break my rental lease, buy a 4 bedroom house, (nothing too large) pay off my car note, buy another car off the lot, Pay off my american express, donate to a church, make sure my parents and son is ok and hire an financial advisor. :) :) :) ;) ;) ;)
Title: Re: If you had 2 Million Dollars
Post by: syautzy on November 14, 2019, 07:27:49 pm: after paying off my mortgage and school loans i would redo my whole house and then build a beautiful horse barn
Title: Re: If you had 2 Million Dollars
Post by: ktheodos on November 14, 2019, 09:38:25 pm: Pay off bills.....put most in savings.....move to a bigger space....no idea what to do about the rest....
Title: Re: If you had 2 Million Dollars
Post by: dreamyxo on November 14, 2019, 11:15:59 pm: Buy a house in a warm climate. Pay off credit cards. Maybe start a business.
Title: Re: If you had 2 Million Dollars
Post by: gaylasue on November 15, 2019, 02:57:38 am: I would travel, travel, travel.
Title: Re: If you had 2 Million Dollars
Post by: vg7405 on November 15, 2019, 02:58:35 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
Title: Re: If you had 2 Million Dollars
Post by: stevensm4 on November 15, 2019, 06:29:05 am: Quote from: gaylasue on November 15, 2019, 02:57:38 am
I would travel, travel, travel.
The end all be all for me. But, after I pay off my mother's mortgage and the rest of her debt, buy me a crib in the middle of nowhere and invest the rest reasonably for the foreseeable future.
Title: Re: If you had 2 Million Dollars
Post by: bremer51 on November 15, 2019, 06:45:54 am: I would move to country and have a few chickens and a cow for pets. I would pay mortgages and school debt for my family members. I would go on an African photo safari and buy a lake home. I would also start a scholarship fund for students who can't afford college.
Title: Re: If you had 2 Million Dollars
Post by: alice44 on November 15, 2019, 07:24:48 am: I would pay off my house, purchase another newer one and bank or invest the rest. After paying my 10% to the church of course. :thumbsup:
Title: Re: If you had 2 Million Dollars
Post by: gtdoss on November 15, 2019, 10:40:34 am: My plan would be pretty much the same, hire a lawyer or a financial adviser, donate to our church, put a lot of it away to be able to help our sons, buy a little bit bigger house just to be able to have more storage space, but we'd probably just keep our cars as is since they're both in good working order. :peace:
Title: Re: If you had 2 Million Dollars
Post by: kvanwert on November 16, 2019, 12:21:55 pm: I would pay off my debt along with my fiances, parents, and sisters debt. After that, I would probably take care of my future in-laws. Then I would probably put the rest into the bank to save for our wedding.
Title: Re: If you had 2 Million Dollars
Post by: potluck6 on November 16, 2019, 02:56:13 pm: Pay off house,credit cards. Save a large amount. Give some to my kids. Hire a housekeeper. Donate a good amount.
Title: Re: If you had 2 Million Dollars
Post by: cathy37 on November 16, 2019, 04:09:38 pm: If I had 2 Million Dollars, I would pay off all my bills, buy a new car. I would then give my daughter some money to pay off her house and pay off her bills.
Title: Re: If you had 2 Million Dollars
Post by: jenniferhoder on November 17, 2019, 05:08:09 am: I would first pay off all the debt I have and get a new car. I hate my current car and the fact I have a car payment for it. I would love to donate more money to church and to people in need. I know what is's like to worry about money. I hate that others have to share that feeling.
Title: Re: If you had 2 Million Dollars
Post by: nmbrown863 on November 17, 2019, 05:26:20 am: I would pay off my debt, get a new home, help out family and start an animal sanctuary. That is something I have always wanted to do.
Title: Re: If you had 2 Million Dollars
Post by: bshee58 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.
Title: Re: If you had 2 Million Dollars
Post by: mapiklfish 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.
Title: Re: If you had 2 Million Dollars
Post by: Tresbn00 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.
Title: Re: If you had 2 Million Dollars
Post by: singletonb 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.
Title: Re: If you had 2 Million Dollars
Post by: elvisdo 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.
Title: Re: If you had 2 Million Dollars
Post by: Yukichan77 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.
Title: Re: If you had 2 Million Dollars
Post by: sfreeman8 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.
Title: Re: If you had 2 Million Dollars
Post by: pectacon 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.
Title: Re: If you had 2 Million Dollars
Post by: ghunter on November 20, 2019, 08:01:51 am: I will retire and travel, buy a new house give some to the church a Family
Title: Re: If you had 2 Million Dollars
Post by: vp44 on November 29, 2019, 11:35:27 am: I would take my son to Europe he seems to love the place.
Title: Re: If you had 2 Million Dollars
Post by: kleenex40 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 :)
Title: Re: If you had 2 Million Dollars
Post by: nickylanena on November 30, 2019, 12:12:50 am: Quote from: vg7405 on November 15, 2019, 02:58:35 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!
Title: Re: If you had 2 Million Dollars
Post by: myfreebees316 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
Title: Re: If you had 2 Million Dollars
Post by: tantricia44 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!