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re: What would you do with $1,000,000?

Posted on 7/5/16 at 6:33 am to
Posted by 632627
LA
Member since Dec 2011
12796 posts
Posted on 7/5/16 at 6:33 am to
quote:

for a house rather than take out a mortgage at low interest rates and invest the rest at a higher yield than the mortgage rate?


I was thinking the same thing, with interest rates so low I wouldn't pay off a house, or even a car.

At 34 I'd max out the Roth every year, take a ridiculous vacation, use up to about $5k to buy something I've always wanted (oled tv perhaps ). I'd set about $50-75k aside and keep as cash for emergency fund. The rest would be invested conservatively in index funds and blue chips.
Posted by nolaks
Member since Dec 2013
1137 posts
Posted on 7/5/16 at 8:56 am to
he said decent job, so no roth contributions
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