What would you do with a million dollars?
Aww everybody wants to have a million dollars at least that is the cliche. How much is million dollars, would you really be living large with a million dollars. After all we have seen plenty of superstars and celebrities blow through a mill in a couple years, sometimes a couple of days. I also know you have herd about the lottery winners that win several million just to broke again the very next year.
Honestly accumulating a million dollars is not as much a daunting task as it seems. Now I’m not saying it is easy, just that it’s very possible.
For example making 50k a year for 20 years may put you in the millionaire arena, depending on how you spend, save and invest.
If I was a millionaire (with just 1 million dollars) I would keep working. I would invest my million in an interest checking account. Then each year the money that I make in interest. I would reinvest. However, I would not touch the original million dollars.
So what would you do with a million dollars?