First pay off all debts. Then invest it in diversified "safe" corporate bonds to get much more interest than in the bank. I would probably add $10,000 for medium risk stock trading. Though you should put in $1,000 if you don't know anything about trading stocks yet and learn it. Same with the bonds too.
If you really have this kind of money, then why are you still here? Sorry for the rude question but Its just too good to be true.. Congrats if its true.. First, If you want a rotating money, invest 50% and keep or pay some bills with the other 50%.
Deposit some money in bank and use some money to do some good business and dont forget to donate some money to the people who starve for food
Put the $1,000,000 in a safe banking account. Now go buy some books on how to deal with large sums of money. Especially read on investing. YOU MUST EDUCATE YOURSELF BEFORE GIVING YOUR $$$ TO ANYONE. Read books and contact ppl for their advice only. Also write down goals, pros and cons, etc.. You will be your own worst enemy if you don't educate yourself in this matter. Best of luck!
Yea it takes 4 pages of responses for someone to read this thread the way it's meant to be read. AS SPAM. Look at the post tags, now compare to signature links. Now stop responding.
First congrats to ur uncle and you....and also plz tell me how he won that jackpot money........with one mill u can do lots of things for urself.....start a new venture...invest in stocks, commodities,art,antiques.......lot of potential to enhance that seed money.
Congratulations ! you have just inherited life altering amount of money. If you are not familiar with handling this amount of money, you should first do some research and locate a person you trust.This person or entity will give you solid advice on how to manage such a large amount of money.
if you invest smartly you could build on $1million and be living a nice life in 10 to 20 years. invest in gold and silver short term for the next few years.