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If you won…
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50/50 invest and enjoy as following
I'll buy some Berkshire Hathaway, apple and s&p500 indexes plus some rental properties. Start a small business.
The other 50% will be spent on treating my friends and family. Going on holidays and personal entertainment
Let me know if you need bank details |
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By (user no longer on site)
over a year ago
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"Blow the lot on drugs and hookers "
Nah in seriousness there is nothing I want or need so between giving it my kids along with donating to local run charities such food bank and the privately run Children's hospice....
To have more than I needed would be a waste, so I would make sure it went to those in need of it.
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A million quid gives you 3.5 millions worth of investment income on BTL mortgages.
Create a very healthy business from that.
I'd add to my portfolio and get to work. Money makes money and creates challenges to be relished. |
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Treat the kids/grandkids/ great grandchild have a nice holiday with the sister! Buy any thing I fancied for the garden give a bit to Sally alley as they help homeless and a animal shelter! If enough would love to buy house on isle of wight and move there when I retire in 18 months list is endless really lol x |
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By (user no longer on site)
over a year ago
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Buy a small crofting cottage in Scotland that I could part time AirBnB, get a bigger camper and travel as much as I could before this place totally goes to shit ??
Hello by the way. |
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I'd probably live similarly to what I do now, just without the toil of having to work and obviously with more travelling and enjoying my time. A million may not be enough to go crazy with but it would certainly buy me all the free time I could ever want and be comfortable enough on it. |
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By (user no longer on site) OP
over a year ago
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"50/50 invest and enjoy as following
I'll buy some Berkshire Hathaway, apple and s&p500 indexes plus some rental properties. Start a small business.
The other 50% will be spent on treating my friends and family. Going on holidays and personal entertainment
Let me know if you need bank details "
What business? |
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"50/50 invest and enjoy as following
I'll buy some Berkshire Hathaway, apple and s&p500 indexes plus some rental properties. Start a small business.
The other 50% will be spent on treating my friends and family. Going on holidays and personal entertainment
Let me know if you need bank details
What business?"
I've got a few ideas but no capital |
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By (user no longer on site)
over a year ago
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"I leave this island and set up home somewhere else.
How about Alabama? "
Nah. I’m Italy bound if I have the money. To the mountains. Peace and tranquility, and the Italian family lifestyle. I love it. |
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"I leave this island and set up home somewhere else.
How about Alabama?
Nah. I’m Italy bound if I have the money. To the mountains. Peace and tranquility, and the Italian family lifestyle. I love it. "
Love the Italian family lifestyle bit, it's a nice touch |
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By (user no longer on site)
over a year ago
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Pay off all my debts, rent a nice house, nothing extreme, just a decent place somewhere with a garage, furnish it, nice set of clothes, fix up my car and buy plenty spares, splurge a little on my car, reasonable gaming PC, noce holiday cos i bloody need one, finance my dads racing career to pay him back for his support for me. I probably wont even get close to spending 250k, then put the rest into savings and gather interest. |
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£1m....? Buy and do up a couple of properties and start a rental portfolio - 200k. Invest in some shares.. of medium risk... witherspoon, barclays, gov loan.. etc... 500k.
Give some to my besties and my KIDS 200K. Keep 100k for contingency and jollies... |
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Buy a house for myself, then put the rest away. When old enough buy son a house and leave the rest for him when gone, so I know he is settled financially.
I’d say a last blast trip around the world but that seems a long long way away. |
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By (user no longer on site)
over a year ago
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Id have to share half with my sisters. Set the kids up with a bit. Buy a nice house, maybe a boat and a caravan a little stone hut on a warm island. Sponser a few dogs, rescue a load of old horses... Dont think a million is going to be enough |
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By (user no longer on site) OP
over a year ago
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"A million quid gives you 3.5 millions worth of investment income on BTL mortgages.
Create a very healthy business from that.
I'd add to my portfolio and get to work. Money makes money and creates challenges to be relished. "
Any pointers of that in simple terms |
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By *abioMan
over a year ago
Newcastle and Gateshead |
"Let’s say that you won a million pound… how would you use it?
Are you the sensible type? Invest it?
Are you the type to blow it all? Lavish items?"
New car (Tesla model Y) new house (I live in the north east!) Save the rest… |
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By (user no longer on site) OP
over a year ago
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"Treat the kids/grandkids/ great grandchild have a nice holiday with the sister! Buy any thing I fancied for the garden give a bit to Sally alley as they help homeless and a animal shelter! If enough would love to buy house on isle of wight and move there when I retire in 18 months list is endless really lol x"
I said 1 million right? |
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By (user no longer on site) OP
over a year ago
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"Buy a small crofting cottage in Scotland that I could part time AirBnB, get a bigger camper and travel as much as I could before this place totally goes to shit ??
Hello by the way. "
Great idea |
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By (user no longer on site) OP
over a year ago
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"£1m....? Buy and do up a couple of properties and start a rental portfolio - 200k. Invest in some shares.. of medium risk... witherspoon, barclays, gov loan.. etc... 500k.
Give some to my besties and my KIDS 200K. Keep 100k for contingency and jollies... "
Nice break down |
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By (user no longer on site) OP
over a year ago
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"Id have to share half with my sisters. Set the kids up with a bit. Buy a nice house, maybe a boat and a caravan a little stone hut on a warm island. Sponser a few dogs, rescue a load of old horses... Dont think a million is going to be enough "
Need another win ha |
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By (user no longer on site)
over a year ago
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Buy my house, buy my sons flat for him. New car for me and him. Money away for my other two boys for when they are old enough. A lovely family holiday and I'd help out some fiends. |
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Pay off debts, invest it and make it last. I'd rather have reasonable comfortable life for a long time than luxury for a short time and then back to normal. I'm perfectly happy being frugal and having security. Luke |
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"£1m....? Buy and do up a couple of properties and start a rental portfolio - 200k. Invest in some shares.. of medium risk... witherspoon, barclays, gov loan.. etc... 500k.
Give some to my besties and my KIDS 200K. Keep 100k for contingency and jollies...
Nice break down"
Ta OP... but lets be honest... what actually works out as planned x |
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By (user no longer on site)
over a year ago
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For the first time in my adult life I’m actually doing well financially. Decent job, nice car and a lovely little house near the sea. Just need a lovely lady to come home to now and I’m done. So I’d invest the money in property for when my children are older, maybe invest some in stocks and retire earlier. |
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By (user no longer on site) OP
over a year ago
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"A nice big luxury yacht for sailing the med, friends welcome to party with us of course and gift some to family and friends "
Yachts are cheap then? |
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By (user no longer on site) OP
over a year ago
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"Pay off debts, invest it and make it last. I'd rather have reasonable comfortable life for a long time than luxury for a short time and then back to normal. I'm perfectly happy being frugal and having security. Luke "
Can make it last if you’re sensible … |
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By (user no longer on site)
over a year ago
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"1 million pound would get you a 3 bed semi in London according to a recent news article I seen!!!!"
Must be in some shit hole area of London. From experience you’ll be lucky getting a 2 bed flat in the nicer parts. Add a 0 at the end if you want a house! |
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By (user no longer on site) OP
over a year ago
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"£1m....? Buy and do up a couple of properties and start a rental portfolio - 200k. Invest in some shares.. of medium risk... witherspoon, barclays, gov loan.. etc... 500k.
Give some to my besties and my KIDS 200K. Keep 100k for contingency and jollies...
Nice break down
Ta OP... but lets be honest... what actually works out as planned x"
I was a bit weary of your couple of properties for 200K but I don’t know how cheap it is by you :p |
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By (user no longer on site)
over a year ago
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"A nice big luxury yacht for sailing the med, friends welcome to party with us of course and gift some to family and friends
Yachts are cheap then? "
You won't get much for a measly mil. |
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By (user no longer on site) OP
over a year ago
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"S&P500 eft, Russell 2000 eft, UK smaller companies eft, European smaller companies eft, Euro mid/large companies. Momentum stocks, probably some Asia/emerging markets, and a house. "
Busy |
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By *oodmessMan
over a year ago
yumsville |
"S&P500 eft, Russell 2000 eft, UK smaller companies eft, European smaller companies eft, Euro mid/large companies. Momentum stocks, probably some Asia/emerging markets, and a house.
Busy "
Letting managers of large and small global companies do the work, evens out risk. That's if I win |
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"Let’s say that you won a million pound… how would you use it?
Are you the sensible type? Invest it?
Are you the type to blow it all? Lavish items?"
What can you really buy with a million pounds these days? It doesn't last long,
So you buy that dream Aston Martin that's just cost 200k then servicing costs of three years at about 15k
A house 400k to 700k not much left lol
Gone are the days a million was a lot unfortunately. |
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By (user no longer on site) OP
over a year ago
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"Let’s say that you won a million pound… how would you use it?
Are you the sensible type? Invest it?
Are you the type to blow it all? Lavish items?
What can you really buy with a million pounds these days? It doesn't last long,
So you buy that dream Aston Martin that's just cost 200k then servicing costs of three years at about 15k
A house 400k to 700k not much left lol
Gone are the days a million was a lot unfortunately. "
No it’s not … but it’s more than most warm in a lifetime…. It allows you to be mortgage free, which for many is the biggest expense that they work for. So mortgage free = able to buy things you want, that don’t have to be an Aston |
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