I would buy a cool apartment in Yaletown Vancouver and furnish it, buy a cute little car, fancy techy computer stuff, gadgets and fencing gear.
You guys?
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My loverboy asked (in American Sign Language) what I was looking at on the computer:
Me: A fencing forum.
LB: A fisting forum?!
Me: God, NO! FENCING!
Start up a business venture, create some jobs, thereby creating wealth for more people while increasing my own as well. Live on what I need, and invest the rest.
Buy a flat in NY, put a couple thousand away to finish college, invest some, get a frontier, give the rest away to a charity or something of that sort.
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"Wars may be fought with weapons, but they are won by men. It is the spirit of men who follow and of the man who leads that gains the victory." - George S. Patton
Put it all in the bank till i need it.. only speand what i get on it for intrest... only speand the actual million if i needed it..... Continue working and living a normal life.. a little higher level mabey than my salary allows me to live on.. beacuse i have money....
"If I had a million dollars/I'd buy you a green dress/but not a real green dress, that's cruel"
Anyway.
If I had £546,929.79 GBP, I would pay off my mortgage, student loan, credit card bill and overdraft. I would repair my garage roof, andpossibly replace my bathroom. I would buy a zippy little shiny new car; nothing fancy though. I would buy some fencing kit (a mask, a spare foil, some better shoes) and I would go mad in a scrapbooking craft shop. I would also probably buy some clothes/shoes - girly shopping! I'd take my mum - she loves clothes but worries too much about money.
I would also buy my brother a motorbike (he had to sell his to raise a deposit for a house), and a one-man hovercraft for my boyriend and me to race (we are just race marshals at the moment).
Well, that's what springs to mind at this point!
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Louweasel
"I grew up in Europe, where the history comes from" [Eddie Izzard]
"she might not look like much, kid, but she's got it where it counts"
I'd start an inner city fencing program similar to the Peter Westbrook foundation. A big Salle, alot of strips and good equipment.
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"I've seen things you people wouldn't believe. And from this side only! The flight of a half-man, half-bird. Dinosaurs nuzzling their young in pastures where strip malls should be. Cookies on dowels. All those moment, lost in time. Gone, like eggs off a hooker's stomach. Time to die" -Phil Ken Sebben
First thing before picking it up I would contact an attorny and Financial advisor.
likely plan.
First lets do max contributions to my IRA, and 401k plans to get the easy tax deductable bits out of the way.
I wouldnt pay off my house. Expected investment income off the money would be greater than the interest rate Im paying, and its tax deductable.
I would pay off my vette, sell my '80 yamaha xs650 and buy a '05 yamaha fz6.
Id set aside 10-20k for a good vacation, and some play money.
The rest I would leave to my lawyer and financial advisor to find as many tax loop holes to keep uncle sam away from it, and invest it intelligently for me.
$1million isnt a whole lot these days, but If I kept on working like I never had it, I could probably retire by 45.
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"I live my life a bout at a time. Nothing else matters. Not the mortgage, not the store, not my team and all their bulls***. For those 15 touches or less, I am free."
I'd pay off loans (both my own student loans, my sister's student loans and all my parents loans and mortgages and stuff). Then, depending on how much I had left, I'd probably buy a house, or some property.
what would I do with $1,241,644.54 Canadian
Small but nice car. (say...$40000+ $2000 insurence + gas at $0.95/L)
better, and soundproof apartment. ($250-500/mo extra)
a sevral mounth round-the-world trip (after my BA, before whateer I do after it... lets sa and MA) .($30000)
A bit of new fencing equipment (lets say $600).
living expences (I am a student) (on top of the above... $750/mo)
some investment (low risk) (whatever is left)
Lottery winnings and inheritence are not taxed in Canada (go figure....). Since I dont by lottery tickets, and lack rich relitives, this is not to say that I stand any chance of actually getting a million $
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Don’t use big words when diminutive phraseology will suffice
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"I live my life a bout at a time. Nothing else matters. Not the mortgage, not the store, not my team and all their bulls***. For those 15 touches or less, I am free."