So you just made your first million...

[oh you mad]

Buy rental properties.

 

[oh you mad]

Buy rental properties.

 

[DCAllAfrican]

I don't celebrate. No need to do that and bring attention to myself.

I really wouldn't change anything to be honest. Would go buy a new car, my current car works fine. Wouldn't buy a new house, wasn't really planning on doing that now.

So I don't know, I would throw it in my ING and let it gain interest.

After reading what MightyMOuse said, I can pay off my father's debt.

 

[DCAllAfrican]

I don't celebrate. No need to do that and bring attention to myself.

I really wouldn't change anything to be honest. Would go buy a new car, my current car works fine. Wouldn't buy a new house, wasn't really planning on doing that now.

So I don't know, I would throw it in my ING and let it gain interest.

After reading what MightyMOuse said, I can pay off my father's debt.

 

[young retroz]

id use the money to make my second million. hell i wouldnt stop till i got to 10 mill then id stop to celebrate

 

[young retroz]

id use the money to make my second million. hell i wouldnt stop till i got to 10 mill then id stop to celebrate

 

[dathbgboy]

Pay of my debt is the first thing I'd do before they start hittin me up like I"m Dave Chappelle.

Me: Aight Sallie Mae, I wanna pay off the $10k I owe yall.
SM: $10k?
Me: Yea, $10k
SM: Oooooooooooooh, that was the OLD price, the new price is $101,000.53

After that, I'd take $500k and spread it out into various savings accounts (FDIC only insurin up to $250k PER account)

etc etc

 

[dathbgboy]

Pay of my debt is the first thing I'd do before they start hittin me up like I"m Dave Chappelle.

Me: Aight Sallie Mae, I wanna pay off the $10k I owe yall.
SM: $10k?
Me: Yea, $10k
SM: Oooooooooooooh, that was the OLD price, the new price is $101,000.53

After that, I'd take $500k and spread it out into various savings accounts (FDIC only insurin up to $250k PER account)

etc etc

 

[iiceman83]

Smh at you guys putting money into banks. I would purchase gold, diamonds, guns,ammo, knives, store barrels of gasoline, a couple of suvs and a house in the midwest.

 

[iiceman83]

Smh at you guys putting money into banks. I would purchase gold, diamonds, guns,ammo, knives, store barrels of gasoline, a couple of suvs and a house in the midwest.

 

[bigtomgetsgwap]

Nice house around 300 thou
Range and real chill car
Start new company and sit on the rest

 

[bigtomgetsgwap]

Nice house around 300 thou
Range and real chill car
Start new company and sit on the rest

 

[kidposite]

$1 mill really isnt what it used to be

 

[kidposite]

$1 mill really isnt what it used to be

 

[thunderchunk69]

lambo + house
I know I shouldnt buy a lambo but... think of it as a good investment... I'd be in timesquare with the doors up every night

 

[thunderchunk69]

lambo + house
I know I shouldnt buy a lambo but... think of it as a good investment... I'd be in timesquare with the doors up every night

 

[seniosoul]

Originally Posted by Brondiesel

Nah...yall got the wrong idea
I dont know what the interest rates are in us banks but Id exchange the mil in euros and stash em in any european bank. You get about 800 000 euros
See this way you get 5 % a year interest, but with dollars you get 2%. Anyway you'd get 40 000 euros a year just off interest alone which is around 3, 500 a month. Not bad ah?

let your money work for you

 

[seniosoul]

Originally Posted by Brondiesel

Nah...yall got the wrong idea
I dont know what the interest rates are in us banks but Id exchange the mil in euros and stash em in any european bank. You get about 800 000 euros
See this way you get 5 % a year interest, but with dollars you get 2%. Anyway you'd get 40 000 euros a year just off interest alone which is around 3, 500 a month. Not bad ah?

let your money work for you

 

[washanobotit]

Repeat what i was doing to make that first mill... and work on the 2nd one

 

[washanobotit]

Repeat what i was doing to make that first mill... and work on the 2nd one

 

[manny1]

i actually had thought about this a while back. i would do it in this order.

1. donate about 100m to cancer, diabetes
2. buy me and my family a house
3. buy me and my wife a new vehicle
4.pay off my dedit.

 

[manny1]

i actually had thought about this a while back. i would do it in this order.

1. donate about 100m to cancer, diabetes
2. buy me and my family a house
3. buy me and my wife a new vehicle
4.pay off my dedit.

 

[therealmccoy12]

too bad a mil isnt that much now a days....you want a mil? itll cost you about 10k at a bank....

 

[therealmccoy12]

too bad a mil isnt that much now a days....you want a mil? itll cost you about 10k at a bank....

 

[mo matik]

-Pay off everything.  School, parents house, etc.
-Donate 100k
-Travel for a year
-Sit on the rest.