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Big P

If you were given 1 MILLION DOLLARS.....?

Honestly, what would you do with it? Would you change for the better or for the worst?
You would have power and strong influence. There would be so much temptation to feed your fantasies,yearnings and wants.
How would you handle this new lifestyle? Would it be easier said than done? Some people can not handle 1000 dollars very well.
Additional Details
TO COMFY C:

It's very obvious that you are miserable and unhappy with no faith. There is nothing wrong with entertaining a clean thought. Get a life GROUCH.

    



Show all answers


Nie
Rating
I'd use the money to

Create large fund raisers focused on
helping raise awareness about global warming/clean the earth/make it so that animal rights are acknowledged and fought for...

Trying to get rid of as much poverty as I can in the places that need it the most/ raise awareness about sex trafficking and modern day slavery/ hold campaigns about starvation that runs rampant in poor countries.

Sending vaccines to countries where people are dying from curable diseases/ raise AIDS awareness.

Raising awareness about the current genocide in Darfur/ ensure the safety of the peace keepers sent to Darfur by the U.N.the conditions the people in North Korea live under
Providing aid to war torn countries and places riddled with violence and corruption.

I would start my own charity, the half mil would be invested, with the dividends being used to fund the charity.

I would pick one hard working, but very poor family, possible a single parent family, who really need only one thing to help them make it - an education. The charity would provide money to complete a bachelors' degree, supplement the income lost by going to school full time, and pay for books.

Just think the difference it would make to take a family living in poverty, and educate the mother, who'd like to be a registered nurse. . .Four years later, she's achieved her nursing degree. Before the program, she made mimimum wage - after the program, she can start at $18 an hour.

Or take the father who makes minimum wage, and under the same program, he's able to become a teacher. . . .or whatever!

It might sound like alot, but that's what I'd do...


nena aka NENA
Rating
nena doesn't have good business sense and wouldn't know what to do with that kind of money so i'd let my parents handle it. i'm sure they would put it in some kind of trust fund for me and some in real estate investments. and knowing them, they'd most likely give a big chunk to the church which is mighty fine with me. but i would take the $1,000 cash and splurge...on rodeo drive, that would probably last for a couple of hours. oh, i'd take another $1,000 cash and throw a party for the yappers.


Roxie
Rating
I don't really know as you said it's easier said than done.


Phantom of the Opera
Rating
I will ....

1) Go for a well deserved vacation for a month.
2) Take out 800,000 $ and put it in a capital protected
investment.
3) Give some to charity
4) Find a part time job to spend my time.


Purple Tactics
Rating
1 million dollars... that's around 46 million pesos.

I'd invest it on real estate abroad. I don't have the patience to stand Philippine business maneuvering. You know, red-tape and bribes and all that.

46 million pesos... that's a lot of taho.


ΩLOMLΩ loveofmylife
Rating
of course i will a good life, me and my family of course


PC
I would, first of all say thank you Big P.
I would pay out my house,
buy two more houses (for income),
invest $100K in the Phils so that my mammay and pappay can have an income and spend the remainder of their lives in a bit of comfort and worry free,
The remainder will be used to pay for a long holiday.
Is the cheque in the mail.


top
INVEST INVEST INVEST INVEST and im only 17. it just seems like the smartest thing


gemini221
Rating
egypt, pakistan, philippines aligned sun


Mike&#39;s Girl
you have tons of outstanding good answers so i hope you don't mind if i veer away from seriousness...okay with that 1 million dollars i'd buy yahoo philippine section from Y!A and i'd make it an independent "little republic" - our very own space open to all pinoys, all pinoy friends and all interested parties....just one rule: no nasty/mean tr0lls allowed....no more violations for the good guys!!! yehey!!!!!!!


budgie
Rating
With the price of houses in the south of England I'm afraid 1 million wont get you as far as it use to! Not that I wouldn't mind a go, a holiday would be first to relax and decide what to do with the rest.


Binibini
10% will go for tithe to church.

50% to sponsor more kids to send to college .

15% will g to my private no kill shelter.

5% i will give to my parents

10% to Bahay Kalinga

10% i will treat my all girl cousin for a 3 days vacation in Boracay.


jan-na~♥~ and im luvin it
Rating
honestly?share it with my family so they could renovate our house.


Felicity???
☻I'll have a big party and offer a holy mass.
☻Then donate some to the church, charities (especially to the orphanage and home for the aged.).
☻Help my cousins' children so they can finish their studies especially when they get to college. (I want them to be professional like medical doctors, engineers. accountants, lawyers and so on.)
☻Save money to help my family and relatives in times of emergency especially when it comes to health issue.
☻Venture into business
☻Buy more properties
☻Travel with my family and my beau.
☻Save it for future use.
<*-*>


i a
hhmmm..that is roughly 45 million pesos. I'll use the 40-40-20 rule. 40% goes to investments, 40% for self-gratification and the remaining 20% will go to savings.


Joe B
Rating
If you look at how people spend 1000 dollars it will tell you how they will handle a million dollars. If people know how to live responsibly and within their means, they will most likely be able to do good things with it.

Personally, I would use a portion of it to start my own business.


vibal
oh thank you! that will change my lifestyle. i can handle it. from a simple house life to a corporate life!


Black Hat
I'll give it to Well, because he is lying and don't have "any" cash.

Always saying he got $2.8 M but no proof.


LostSoul
Rating
I'd quit my job and travel.


dravenn06
Invest it to business so that I could help my kababayans.


Coy
why are u giving me one million dollars?


?
I'd invest some of it in stocks.

I'll give away some to charities.

Another portion will go to the bank (a time deposit perhaps).

I'll use some as capital for the business.

The rest of them... it's up to me.


zagi
Rating
i would buy a house in the mountain or far far away from the city. save some of it for emergencies and for our medical needs. then visit you and your wife, wherever you are. and throw a party for all yappers.


Magic Mouse
I would take $200,000 and pay off my home here. I would put $30,000 in a fund for each of my kids to use for college. I would funnel $100,000 to my love so she could come here easily and use it to invest in her own dream business. I would put $75,000 into savings and investments. I would send $50,000 to her family to help in anyway needed. We would take about $25,000 for a little tour of all the places my love wanted to see. And the rest...Well that will go to taxes. So I really wont change much coz the money is going to be put to work immediatly. My monthly expenses will just come down a bit allowing me to get a little more free time in, enjoy my loved ones, and save more money.

Now where do I go to get the cash?


siopaO
buy a house in boracay in front of the beach and live a peaceful life. I'm selfish i know.


cj
i'd retire in the PI and take over the world....just kidding....i'd put off retirement later.


iscikedelic
1. I will invest more in our farming business
2. I will buy condo units
3. I would give away scholarship grants
4 I will do the same lifestyle like I have now, I think it's well enough


luvinhim
sad to say but in the US, 1 million is no longer a lot of money. yes, it is a lot from a poor man's perspective but what will he have left after paying off all his bills, mortgage, debts, student loans, credit cards, etc???

if i personally had 1 million handed to me, i would pay off my parents' debts and then mine. as a human being, i can admit that we will never be satisfied. we always strive to be better than what we are when in actuality, we can live off of what we already have.

the ideal answer would be to help those in need and yadi yada...but that's a whole different story.........


Wi-Skier
Build the house we are planning.

Donate some to the org I am working on.

Deposit most of the rest in an income investment. Deposit the balance in growth investments.


eNVy
Rating
Establish my own business....travel, and make my own country beggar-less


Strudders67
A million dollars only equates to £500,000 and that will just about buy you a reasonable-sized house (not a mansion or anything huge) in southern England or a 2-bedroom flat in a decent part of London. But I already own my place and don't need anything more.

I would give some to the 5 charities that I support on a monthly basis anyway and give some to my parents so that they can see out their retirement in comfort. I would then invest the rest and backpack round the world on the interest, using the capital to support me once I return.





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