If I suddenly had a million I’d pay myself $25,000 a year for the next 40 years until I was 90. (40 x 25000 = a million).
How boring is that ?
And If I mentioned that with current GDP in the US I can get you a 7% average return every year on that million investment? Then you can pull from you ceiling in emergencies and just live off the intrest.
It’s good to know accountants
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God when you break it down like that a million doesn’t go very far. You’re poor.
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What would you do with that $25,000 every year? Travel, buy crap or what? Just wondering.
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I would pay off my houses, loans and credit cards. Be on easy street until death.
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Good question. I’d probably just live like I do now . But I might go on a holiday once a year though.
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It’s worse than that. In 40 years $25,000 would only be worth $12,500 in todays money due to inflation.
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You’re right, you can’t afford to have a million dollars.
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I would probably spend on cocaine and end up overdosing on heroin with my last cash. No regrets
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I hope you don’t mean that 
That actually happened in real life to someone
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Anything else does not give me pleasure. Every food tastes the same, orgasms are just meh. But when it comes to drugs I feel like a human and I think it would be great to go out like this
Well I hope you can get clean someday. I’m an alcholic and felt the same way about alcohol. I got help and quit.
I am clean, I just smoke cigarettes, when I lived in UK I used to do coke every 3-4 months and only a gram between about 3 people. Considering that UK is a capital almost of crackheads, that consumption is really minor
That’s great ! I got the wrong impression from your post.
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Iwould ask my parents to help me invest it. They are really good with money. I’m amazed by how much they have accumulated over their life.
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15 posts thus far. I’d take that million from each of you. Haha. Gellin like a felon.
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thats very responsible actually, it shows something about you. not a bad way to spend it at all, its better than just wasting it lol Gives you a steady life for the next 40 years
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I like your answer @everhopeful. I would do the same and continue to live the way I am now. I would will the money I don’t live to spend to my nieces, since I’m not going to live 40 more years.
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First thing I’d do with $1,000,000 is pay off the house (like $50k) then pay off my cc debts ($25k), buy an online naturopathic practicioner degree ($11k), and roll the remainder into ecommerce. Lots of runway to build a successful business and eventually buy a bigger house with.
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I’d pay off all my debt, buy a nice little house, hire someone to take care of it, and pay my way through the education I want.
Not as it, bribe people for grades, but as it, take it at my own pace instead of struggling to meet the minimum requirements for student loans
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