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

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? πŸ˜€

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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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About nadlique

This blog is about the journey of a 28-year-old Malaysian towards financial freedom. This blog was started back when the blogger was 21 years old. However, his journey towards financial freedom had begun way before that. Materials such as investing, business, entrepreneurship, equities, and real estate are presented. The author also posts his thoughts and observations on life in general.

Comments

  1. Hahaha.. day dream sometimes is good. I will only think about it if it happens one day. πŸ™‚

  2. lonelyplanet92 says:

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

  3. buy an airline and make a tidy bundle?

  4. samba2970 says:

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

  5. Angela Liu says:

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

  6. Eduardo Torrado says:

    Be grateful you were given fund to use and make best effort to multiply and only then share the same by giving seven million. Time is gold. do not keep the rest but take another step, you just made your first move to qualify.

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