What would you do if you receive $1 million dollar tomorrow?

October 28th, 2009

I read an article about what you should do when you win the lottery. It was written by a well-known financial planner based here in Brisbane.

Now, setting aside the lottery part, just imagine ourselves in that position. What would you do if you were to receive $1 million dollar tomorrow?

If it was me, perhaps I would:

- Leave the money in FD-like accounts until I graduate.
- After graduation, I’d take out some to pay for my CPL/IR and Flight Instructor Rating Course.
- At the same time, acquire some investment properties and also set up a share portfolio.

It sure is nice to daydream huh? :D

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Disclaimer: This article is not a specific nor general advice on managing or investing your money. This article does not constitute a recommendation nor does it take into account your investment objectives, financial situation nor particular needs.

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5 Responses to “What would you do if you receive $1 million dollar tomorrow?”

  1. ChampDog on November 8, 2009 3:54 pm

    Hahaha.. day dream sometimes is good. I will only think about it if it happens one day. :)

  2. lonelyplanet92 on November 11, 2009 12:33 pm

    if it happened to me, i will think of how to make it 5 million

  3. as on November 18, 2009 3:00 am

    buy an airline and make a tidy bundle?

  4. samba2970 on December 6, 2009 3:57 am

    If I got 1 million, I would save it in a bank and live on interest….:D

  5. Angela Liu on January 5, 2010 11:32 pm

    quit up for ASM.let them to have exponential grow.

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    This blog is about the journey of a 23-year-old Malaysian towards financial freedom. This blog was started back when the blogger was 21 years old, although his journey towards financial freedom had begun way before that. Materials such as investing, business, equities, and derivatives are presented. The author also posts his daily thoughts and observations. Harsh words are not welcomed!

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