Ostroff, Fair and Company
*Ostroff, Fair and Company>>>Investing

If you won the lottery worth 1.5 million dollars?



If you won the lottery worth 1.5 million dollars, and you had to either invest or buy what would you do with the money? And I am not looking for answers that include personal ideas like "I would build my own shopping mall". I am looking for answers of either 2 things, buy, or invest, and then reasons of your decision. If you pick buy, why would you buy something instead of investing the money, and if you pick invest, why would you invest the money instead of just buying something?)

Buy an island, i wont need invest cause i will not use money anymore. I have my own life on the island ( food, water, house)
Invest - college doesn't pay for itself.
First I would take the lump some instead of the installments. Buy 35 acres of forest on lake Michigan. Build a house on it and invest the rest in china and alternative fuels.
buy and not invest.....i could buy alot of things for myself and my family and as well as people who need financial help or are poor. thats what i would do with the money, give me and my family what they need and provide what i could to help the less forunite.
I would buy!! BUY BUY BUY. Why? because my parents already invested in my future, and now its time to spend my OWN money on what ever I want!!
Invest.

I'd turn it over to UBS with instructions to put half in stocks, and the other half to be divided between government bonds and real estate.

Of course, I'd have to buy some small trinket first!
i'd invest to make more money that i can buy more things later, cuz ii I just spent it then thats it-finished-no more coming. So i'd invest some in real estate(California, Brazil) and starting a business in imports/exports-US, China.
Tags
Renting & Real Estate Personal Finance Investing Insurance Credit
Related information
  • How can I create an exchange traded fund (ETF)?
  • How do I recover money in a 401K sponsored by a company that went out of business?
  • Does old money have any value?
  • I want to begin Investing, where should I begin?
  • CD's -investment?
  • What is a market exchange?
  • How to calculate these ratios, which i've been told are tools for fundamental analysis ?
  • What is the easiest source of passive income?
  •  

    Finance Categories--Copyright/IP Policy--Contact Webmaster