If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Live?

[AtomAnt]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

From the list Ghana or South Africa! Anywhere in Africa then I'd buy out an entire small african village then marry all the young village virgins and live like an African King with all my young African wives and concubines

 

[Pockets]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

I'd probably go get another degree and add a pool to my house.

 

[rekrul]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

Find a high yielding stock. Live off that income until I figure out how I'm going to achieve my goal. From there I would look for a country where there is growth, find people who hunger for wealth and want to create a product or service to sell; invest.

 

[D-TOWN REP]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

I'm going back to school full time. I want a masters in business. I have some great ideas but don't know what to do with them. Give me the million and it's back to school I go.

school?!

 

[pookie]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

The greatest investment you will ever make is in your health. Of course i would get a house, new car, new clothes and shoes. The house will have a built in sauna and steam room. And all the showers would have showers filters.
And my diet would be raw fruits and vegetables. And the miracle foods out of the bee hive. Bee pollen, bee propolis, and bee pollen.
Black original nation
p.o. Box 2614
sylacauga, ala. 35150

building a nation for blacks here in the dirty south. If not now, when? If not us, then who?
Our health is our only real wealth.

 

[Playa2422004]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

investments

plus
still live in a apartment, living low key
distribute about 50,000 dollars all together to my family in increments
put 300,000 away in the bank for storage
then just chill

 

[Twomoonwolf]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

First the cash would be deposited to corporation as a loan from shareholders. As the sole shareholder, that would be me. Anytime the corporation pays me part of that loan back (including interest) it is tax free to me.

750k would used in the highest interest market possible, and I would let that sit and accrue for five years before planning on disbursements.

Take 100k to pay off Mom's house, renovate it, and park a new car in the garage, and fix her current ride to be her knock around car. Finish the paperwork on her NPO, so she can get paid for her volunteering. Set up a grant to pay that NPO 10% of my company's gross.

Implement my community renovation project which I have been shopping for investors, I would just be my own investor. The project would easily replace my current income and I would be doing something for the love of it, not just because of the pay. (100k)

I would renovate my own place, get a slightly new car (off lease, one year off the lot, less than 10k miles) that is great on mileage. Once the first set of houses from the project are finished, I would move into one until the project is done. (50k)

By the time the project is done... I can decide if I want to cool out and draw interest or start another project.

 

[LSN]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

I would quit my job. I'd give myself a budget of $40,000/yr...that'd last me 25 years...enough to live a normal life...have a normal car...a normal house...and take occasional trips WITHOUT THE ADDED STRESS OF HAVING A 9 TO 5...idk wtf will happen tho when that $$$ runs out

 

[kain]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

I would invest it all in income stocks and move to South America.

 

[8/11Streetz]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

From the list Ghana or South Africa! Anywhere in Africa then I'd buy out an entire small african village then marry all the young village virgins and live like an African King with all my young African wives and concubines

............your disgusting

 

[CoTtOnMoUf]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

probably put it down on on some commercial property like a strip mall with some popular stores in a good location, hire a property manager, sit back and collect rent!

 

[drbaby6]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

invest it all in a mutual fund like vanguard wellesley,you will get a low risk 7% a year on average which will bring you 70k a year forever with no loss of principle,continue to work a put into a 401k to hedge inflation and to have enough quarters to get social security later,you will have a worry free life.get an etrade or ameritrade account and learn about investing from the site and to really take it up a notch take the FINRA course[3 days] for financhial advisors.you can have fun for a year or two with the interest but after that let it pile up until you reach your comfort level.

 

[JamesATL]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

ill spend it all on drugs and coke. and booze

 

[knightmelodic]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

find a rock solid investment to put 500k into. use about 150-200k for venture capital. 200k real estate ( you can probably get two nice properties for that). the rest take some long trips and see where I want to live.
don't worry about debt, if you have 500k blue chip stock you are golden. same with properties. minimum down. debt is a tax write off.

everybody should do this regardless of how much you make: get a life insurance policy!!! as much as you can. get it while you're young and it's cheap. how would you have felt if your moms or pops left you 1 or 2 mil? that's how a lot of these cacs get that venture capital.

 

[The Technician]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

Pay off my mortgage, credit card debt, school loans, create a trust for my daughter with 200k, invest for moderate growth using 100K, remodel my home, sell it, and buy/build a new one with the remaining cash.

 

[tallblacknyc]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

pay off my lil sis last yr of college invest more into her bizz..i would convince my older bro to start his own bizz by investing in him..send my mom on various vacations..invest in a few projects..keep my crib..maybe cop a lil car so i can travel more and expand my brand...flip some of the bread..oh yeah juss for goodluck and charity toss some bread to the homeless and prob some lil kids...the rest i'll sit on

 

[moblack]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

Buy some more farm land. Raise cattle etc. Build a nice wood framed home with a Acre pond. Ride around on an atv all day. Hire me a cowboy to work my cows. I'd keep working for a bit. Have a hell of a weekend spot b

 

[Coldchi]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

............your disgusting

him and RepostKing are both cut from the same cloth

 

[RepostKing]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

Buy more section 8 rentals then bounce overseas live like a rap star on my investments

 

[samh32]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

My military pension alone is over 40K a year (80% tax free). So I guess I good to go as long I don't do something really stupid like die!

 

[pookie]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

For me it would be my first miracle. For years now I have been trying to lead my people out of darkness into the light and back to "THE GARDEN OF EDEN". It would finally start making that a reality.
No one is actually living until they got at least a million dollars cash. Other than that you are not doing what you want to do. You are doing what you have to do and what you are programmed to do.
Right now i am trying to get into tee shirt sales with slogans on it like buy black and organize and help wanted Revolutionaries. And other stuff like that.
But if I got a million cash I would put that on hold and buy me some land, build a house on it (THE BLACK HOUSE). And a 2 new vehicles. Then I would get busy on my tee shirts while getting busy on my work of the world's best kept secret. And that is (OUR HEALTH IS OUR ONLY REAL WEALTH). I would get all my dental work done and then start a diet of only raw organic fruits and vegatables and the mircale foods out of the bee hive (bee pollen, bee propolis,and royal jelly). It is wise to use filters on your showers and sinks.
But blacks do not have a true identity of self. While we were being poisoned on the inside, we were being programmed on the outside. Jonestown is an example of what has been going on for many generations. It is an example of what we mean by a white man's world.
Our health is our only real wealth. Anything else is borrowed, including our lives. Their is no way a grown man can tell another grown man what to do unless he controls him. I will show the world what it is like to be free for real.
If a man has money he should be able to spend it any way he wants to. Unless it is not his money he is spending. We have black millionaries and mulit millionaries and even billionaries. Why is it that they cannot change anything?

http://oneblacknation.webs.com/

http://blacknation.vpweb.com/default.html

 

[LSN]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

Hire me a cowboy

o...k then

 

[curryshotta]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

I would build me 4 room/3 bath 100 unit apt complex.Charge $1,200 a month for each.


100 x $1,200 = 120,000 a month

tax

workers

etc

left over
$50,000-$80,000

I would pay myself $5,000 a month

 

[Tinman]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

Hide it from my family.


Invest all, but about 50K. With that, I'd update my house and buy a better set of wheels.

 

[BigATLslim]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

I am going to read and ride out this thread a little more before I answer.

Interesting so far...

Find a high yielding stock. Live off that income until I figure out how I'm going to achieve my goal. From there I would look for a country where there is growth, find people who hunger for wealth and want to create a product or service to sell; invest.

Bad idea.

The greatest investment you will ever make is in your health. Of course i would get a house, new car, new clothes and shoes. The house will have a built in sauna and steam room. And all the showers would have showers filters.
And my diet would be raw fruits and vegetables. And the miracle foods out of the bee hive. Bee pollen, bee propolis, and bee pollen.
Black original nation
p.o. Box 2614
sylacauga, ala. 35150

building a nation for blacks here in the dirty south. If not now, when? If not us, then who?
Our health is our only real wealth.

I'm witcha, homeboy, I'm witcha.

First the cash would be deposited to corporation as a loan from shareholders. As the sole shareholder, that would be me. Anytime the corporation pays me part of that loan back (including interest) it is tax free to me.

750k would used in the highest interest market possible, and I would let that sit and accrue for five years before planning on disbursements.

Take 100k to pay off Mom's house, renovate it, and park a new car in the garage, and fix her current ride to be her knock around car. Finish the paperwork on her NPO, so she can get paid for her volunteering. Set up a grant to pay that NPO 10% of my company's gross.

Implement my community renovation project which I have been shopping for investors, I would just be my own investor. The project would easily replace my current income and I would be doing something for the love of it, not just because of the pay. (100k)

I would renovate my own place, get a slightly new car (off lease, one year off the lot, less than 10k miles) that is great on mileage. Once the first set of houses from the project are finished, I would move into one until the project is done. (50k)

By the time the project is done... I can decide if I want to cool out and draw interest or start another project.

What do you do for a living? There is more financial wisdom in this post than the entire thread combined.

I would invest it all in income stocks and move to South America.

Bad idea.

probably put it down on on some commercial property like a strip mall with some popular stores in a good location, hire a property manager, sit back and collect rent!

This is probably the best singular idea in this thread.

invest it all in a mutual fund like vanguard wellesley,you will get a low risk 7% a year on average which will bring you 70k a year forever with no loss of principle,continue to work a put into a 401k to hedge inflation and to have enough quarters to get social security later,you will have a worry free life.get an etrade or ameritrade account and learn about investing from the site and to really take it up a notch take the FINRA course[3 days] for financhial advisors.you can have fun for a year or two with the interest but after that let it pile up until you reach your comfort level.

Bad idea.

The brainwashing has been great on you cats and these paper assets as the FIRST investing option. NOT a good look.

I am telling you from EXPERIENCE!

Invest in yourself FIRST!

find a rock solid investment to put 500k into. use about 150-200k for venture capital. 200k real estate ( you can probably get two nice properties for that). the rest take some long trips and see where I want to live.
don't worry about debt, if you have 500k blue chip stock you are golden. same with properties. minimum down. debt is a tax write off.

everybody should do this regardless of how much you make: get a life insurance policy!!! as much as you can. get it while you're young and it's cheap. how would you have felt if your moms or pops left you 1 or 2 mil? that's how a lot of these cacs get that venture capital.

ALL, but the blue chip stock bit, sounds great.

pay off my lil sis last yr of college invest more into her bizz..i would convince my older bro to start his own bizz by investing in him..send my mom on various vacations..invest in a few projects..keep my crib..maybe cop a lil car so i can travel more and expand my brand...flip some of the bread..oh yeah juss for goodluck and charity toss some bread to the homeless and prob some lil kids...the rest i'll sit on

I see you homey. Straight forward, practical, and to the point.

Buy some more farm land. Raise cattle etc. Build a nice wood framed home with a Acre pond. Ride around on an atv all day. Hire me a cowboy to work my cows. I'd keep working for a bit. Have a hell of a weekend spot b

We think veeeeeeeeery much alike.

 

[london]

Apple shares ..Google shares ...real estates... invest in some kickstarter projects ...partnership with a restaurant owner ...and finally buy Detroit

 

[SamSneed]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

Well since my home is almost paid, I'd buy another on top of the one I'm gonna have soon

Section8 them bitches, section 8 ain't bad, think. A single mom ain't tryin to fuck up free rent by fucking up the house. Gov has given owners more power, more inspection. Talkin about 1k+ a month. That's 12k a yr per house on top of my income. I could have 10 homes, lookin at over 120k yr, in 10yrs I could double to 1pernt2 mil. now I just left my daughters wealth

Fuck cars, bitches and big stupid houses

 

[LSN]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

A single mom ain't tryin to fuck up free rent by fucking up the house.

you would think so

 

[SamSneed]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

you would think so

To kick out don't take long since it's section8.

Plus gov pays for a percentage of any damage. Guy who owns home next to my mom showed me all the papers. Nigga gets 380k yr from gov for housing

 

[rph2005]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

pay to erect about 4 billboards on I-95. highway billboards cost about $200,000 to erect but generate about at least $12,000 to $20,000 a month in revenue. passive income for at least a few years

 

[bham_brotha]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

I know this is an old ass topic someone pulled up but....i'd probably buy a nice 150-200k house and keep working until retirement. Make some investments, give the parents some dough and keep it moving. I think the biggest mistake people make when they come into bread is quitting work and just sitting idle everyday. When you do that all you're going to do is blow money all day everyday because you're not really used to it. Before you know it you have a shit load of possessions and about 10k left in the bank.

 

[keone]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

o...k then

 

[ViCiouS]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

I'll do a heat test... fly to Vegas, go to the Luxor and one bet at the first Roulette table I see, I'll let it all ride on Black.

 

[GreedySmurf]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

1 million after taxes....

MAKES One Day interest in the bank – $109.59

Smartly can generate somewhere between 4% to 12% interest annually if
you don't touch it just let it bear interest.

Leaving you with somewhere between 40K and 120K paid out quarterly or
annually for the rest of your natural life.

You are taxed on the interest so be sure to pay uncle SAM on time every time.

40-100k+ per year with a million dollar back up in case the sky starts
falling should be enuf for anyone to live well off of or do bigger and
better things with.


http://www.accumulatingmoney.com/how-much-interest-do-you-earn-on-one-million-dollars/

http://money.cnn.com/magazines/fortune/price_rent_ratios/

This thread is now complete!

 

[LSN]

Re: If U Were Given 1 MILLION DOLLARS, After Taxes, What Would U Do? How Would U Liv

To kick out don't take long since it's section8.

Plus gov pays for a percentage of any damage. Guy who owns home next to my mom showed me all the papers. Nigga gets 380k yr from gov for housing

I see you