If you had $1 million what would you do with it?

Buy a condo or house in cash. Invest the next 600-700k in the market and let it ride.

I'll tell you what I'd do, man: two chicks at the same time, man.

Donate some to guide dog for the blind foundation.
Donate to unfortunate people in 3rd world directly.
Take cooking classes from a chef, preferably Jamie Oliver.

In collage my finance teacher said if he had one million he would buy municipal bonds that paid 8% and live on the interest payment since they would be tax free.

Sounded like a plan to me if you could get it.

I'd buy an annuity and not touch it until retirement.

Here's my reasoning: One of my cousins got a ~$600,000 settlement in the wrongful death of her husband in a work accident. People don't realize how much money that is if you use common sense and don't do anything stupid with it. Because you already have a substantial nest egg built up, it greatly reduces your need to save and invest for the future. You have more disposable income, so your standard of living immediately improves, even if you don't touch the principle.

So with my retirement secure, I'd live it up on my current income, to the extent I could do it without going into unreasonable debt.

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If you had $1 million what would you do with it?

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Take 5-10k and go on a badass vacation and park the rest in my vanguard accounts...

No reason to pay off the house or student loans as they are both sub 4% and will make more in the market. Then go on living my life as I do today, investing what I currently am.

In 10yrs at 7% return, all of my accounts have averaged at least that over the past 10yrs, 990k turns into almost 2m.

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If you had $1 million what would you do with it?

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1. Convert it to $100 bills.
2. Buy suitcases.
3. Deliver to my kids.

Like a lot of people I worked for almost 40 years in several professions making decent money, and investing consistently the entire time. At age 56 I walked away with more than a million dollars and continue to do the same things that worked before. I am invested in small, mid, and large cap index funds, and a international fund. Real Estate is too much trouble for me, have no desire to deal with people, starting a business is also not for me, too much risk, and I have no desire to work full time.

pay off the house = 250 K

invest = 550 K

give =100K

enjoy= 100K

Take my wife and move to a small town in Italy. But a nice place for under $100k and live la doce vita.

We're 39 with only a little bit of house debt...enough equity to buy the Italian place in cash. Plenty of capital to live a normal life for a decade without touching the million.

Spend the rest of my life travelling Europe and enjoying the Italian lifestyle.