Spending a million dollars wisely and rationally is as hard as making or receiving it. Rarely does anyone get such a chance. So that the money is not wasted, it is worth listening to the suggestions and advice of friends, family members, knowledgeable people and experienced entrepreneurs. But in the end, only you will have to make the final decision.
You will need
One million dollars
Instruction manual
1
Perhaps you need to pay off all current debts, close your credit card accounts, pay off your mortgage, and help relatives and friends get out of the debt hole. This is likely to be only a small fraction of the million dollars you plan to spend. But these expenses should be done first.
2
Most entrepreneurs will give practical advice: money should work. Thus, you should invest in valuable banks, funds, stocks, real estate, land, enterprises, etc., so that they bring more income for a long time, which you could already spend at your discretion. But investing such a large sum as a million dollars again follows wisely, after consulting with economists, lawyers and financiers.
3
Quickly enough, you can spend a million dollars on your own image, collection furniture, clothes from famous stylists, expensive cars. Only a few of these expenses will qualify as a profitable investment. For example, investing in classic painting, old icons, real estate and retro cars.
4
Buy a dream house or the property you always wanted to live in. For example, a mansion on the islands of Fiji or in Italy, a small castle in England or other states. Moreover, most likely you will have funds left for the repair and decoration of your home, payment of expensive decorators and the maintenance of servants, gardeners, butlers. Consider buying a private jet, yacht or island. This is also an equally expensive hobby.
5
Do charity work. If you donate not the entire amount, but even the hundredth part of a million dollars to a children's charity fund, a shelter, a hospital, a school, a nursing home, your act will not only bring moral satisfaction to you, but also significantly reduce taxes that one way or another you will have to pay from such solid income like a million dollars.
note
Construction of a country house for 400 thousand rubles and 12 days. The foundation: a terrible secret of savings For 4 million rubles you can buy a good kopeck piece in Khimki, Balashikha, Reutov, Lyubertsy, Lobnya, Vidnoye, Odintsovo and Krasnogorsk. Troparevo metro station is scheduled to be commissioned ahead of schedule. New Moscow suburbs: apartments for young families. 11/13/12: How to spend a million.
Helpful advice
How to spend a million? Housing, a car, health, education, travel - that’s why a Russian needs money. Leading expert of research holding Romir. In May 2012, the Romir research holding in the course of the next all-Russian study asked the participants a question about how they would manage a million dollars if they won it in the lottery?
