Hypothetical Question: What would you do if you got $10,000,000?

[jabsveg276]

Let's say (hypothetically) you got $10,000,000, what would be the first steps? Would you invest it first? Would you save? Would you ball out? Or would you hide it or share? I'm interested to see the type of people you are

 

[Aurelian]

Let's say (hypothetically) you got $10,000,000, what would be the first steps? Would you invest it first? Would you save? Would you ball out? Or would you hide it or share? I'm interested to see the type of people you are

After the tax agency take its 30% share, I think I would invest 2 million in bitcoin. Then buy a house and get a job with 4-6 million in savings

 

[Arma]

That would be handy.....would save me time in opening a boat manufacturing company in Puntland. Provide skills and jobs to the locals. Then in a decade, run for PL President.

Dream come fucking true.

 

[SonOfMaverick]

I’d donate a good portion of that money to charity. $10,000,000 is a lot of money.

 

[jabsveg276]

That would be handy.....would save me time in opening a boat manufacturing company in Puntland. Provide skills and jobs to the locals. Then in a decade, run for PL President.

Dream come fucking true.

I think it'd be wiser to build an international manufacturing company in Somalia, since China and other large countries are waiting for Somalia to become peaceful so they can invest into it (due to it's geographical location).

 

[yaqir]

I don't really think I would do anything with that much money

 

[Apollo]

Invest it in bitcoin, wait 4 years, it will double at the minimum.

Then invest it in dividend stocks and just live off the dividends.

 

[Baarisiyomoos]

Move out to the countryside and build a farm. Build a nice little house next to it and live my life peacefully. Give Sadaqah, take my family and close friends on vacation wherever they’d like, buy a pink motorcycle, put the rest of the money in the bank and spend the rest of my days making jam, milking cows, just overall chilling. The dream

 

[jabsveg276]

Invest it in bitcoin, wait 4 years, it will double at the minimum.

Then invest it in dividend stocks and just live off the dividends.

I was thinking something similar. I'd invest $2,000,000 into properties (most likely commercial real estate), I'd put $1,500,000 into established crypto currencies and $1,500,000 into a passive aggresive stock portfolio. I'd then put $1,000,000 into a business, I'd spend $1,000,000 on luxuries (for me and my family), then I'd save the $3,000,000 for future investments.

 

[Apollo]

Power of dividends, few understand.

 

[freedomrider]

Best example:

 

[jabsveg276]

Power of dividends, few understand.

LOOL I know what dividend investing is sxb, I may or may not own a few dividend producing stocks already