HEhe. Just want to know. What will you do if you have $1000,000? I will use half of the money to do some investment and put into fixed deposit. Others will be used to buy a house and traveling.
I believe DP just crossed the 1 million mark - you'll need to find uber cheap drinks if you want to save something for yourself
find a few easy 10% mutual funds (at least) and use 50% of the interest...(the other 50% goes back into the fund so I can make more next month...)...and use it to work on my internet empire...
I'd invest 500k into a website, or a network of websites. The rest I would treat myself, my family and my friends with.
average rate of sale for large websites is 12-36 months of revenue... so buying a site at normal max price for 500K would mean it should have a monthly revenue of around 13,888.88 (if you pay 36 months of revenue)...which if you play your cards right of course you could increase that after you buy it (isn't that the purpose of buying a website)... i'd buy a 500K website over investing in stocks or something similar anyday...as that's a very nice investment in itself...and it'd be 'fun' rather than just purchase and forget kind of stuff
bank? why the bank? at least put it in a few mutual funds.... banks average what? maybe 3% at the most?...versus the fact that it's simple to find decent 10% mutual funds? anyone who puts 1mil in the bank to get interest is seriously screwing themselves out of a lot of money... just my humble opinion though...go for the gold
if i have 1 million... I will but my own house and lot and car. and part of it, i will donate to my chosen charity.
Set up a social networking site then sell it a couple of years later to Microsoft/Google/Yahoo [delete as appropriate] for $15 billion.