Donate half of it to charity and family, then save the rest for personal items such as video games or movies that I may be interested in buying in the future. Oh, and a Fennec Fox too. Those things are so darn awesome.
100,000 for myself, 100,000 for my family, 100,000 for charity. The rest I store underground until I can find something to do with it that. Keep in mind that the saved money would only be for emergencies or something that can make me for money, not frivolous things. That's what my 100,000 is for.
I would boringly invest it all in real estate and live off the rental income it would provide me. Interested to know what others would do.
Depending on where you live, that might not be the best idea. The real estate market has taken quite the crash over the last few years. Where I live (northeastern US), it's starting to come back, so the interest rates are at an all-time low, but I'm sure that isn't the case everywhere yet.
I would probably but it in a high-yield CD for 10 years and just use the interest. For example, a 10-year CD through Discover Bank (1.95% APY) would start paying out approximately $20,000 per year in interest. That means that after 10 years, you would have $1,210,000!
Though, I would also like to pay off my house ($200,000ish remaining), but it might be better in the long run to just pay it off slowly using the interest because I might come out with more in the end.
I wouldn't do anything too big with it.
I don't think I would tell people either.
I would continue living like I did before, but this time whenever I need something I don't have to worry about the price.
Buy all the Star Trek series on DVD, buy every single different Star Trek costume, go to a convention, buy the original props and give all the rest to NASA's Eagleworks.
Because I want to see Warp Drive before I die.
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Your friendly neighborhood, mentally unstable, delusional Trekkie!
"The sky calls to us. If we do not destroy ourselves, we will someday venture to the stars." -Carl Sagan
All my posts are required reading for NSA agents.
I would boringly invest it all in real estate and live off the rental income it would provide me. Interested to know what others would do.
I'd buy many things, but I'd buy you a monkey. <3
Steam: RobotDeathParty
Save the rest
I agree. Fennec foxes are epic.
Or I would go live in florida, my favorite place.
I would probably but it in a high-yield CD for 10 years and just use the interest. For example, a 10-year CD through Discover Bank (1.95% APY) would start paying out approximately $20,000 per year in interest. That means that after 10 years, you would have $1,210,000!
Though, I would also like to pay off my house ($200,000ish remaining), but it might be better in the long run to just pay it off slowly using the interest because I might come out with more in the end.
I don't think a trip to Massachusetts will cost you a million dollars.
Anyways, I'd buy myself a nice car, a house, and then invest the rest in some medium-risk mutual funds.
I don't think I would tell people either.
I would continue living like I did before, but this time whenever I need something I don't have to worry about the price.
Because I want to see Warp Drive before I die.
Your friendly neighborhood, mentally unstable, delusional Trekkie!
"The sky calls to us. If we do not destroy ourselves, we will someday venture to the stars." -Carl Sagan
All my posts are required reading for NSA agents.