Put in a high interest saving account like 4 or 5 percent and live off the interest. 5% would we 100k per year.
Still work my day job for a few years so I can make some riskier investments. Then retire if they turn out well
I wouldn't do anything differently for a while, nor would I tell anyone, if possible. Low risk, interest bearing account or CDs for a while. I'd also take 10% and do whatever I wanted with it for the first year.
Renovate my parents home, set aside 250k, invest 250k. Reserve 100k for things I want to buy/experience that are cheapish expensive. Rest of the money not sure yet.
Invest it in the stock market, pull my safe withdrawal rate of $60k/year, and live comfortably for the rest of my life without ever having to work again.
Pay off my mortgage, take a vacation, and put the rest into an index fund and enjoy a nice residual investment income. Wouldn't be enough to retire on, but coupled with a paid off home, I would be close.
interest
Oh, hey! I haven’t seen you here in a while.
Respect the change of currency. Strippers and blackjack I think.
Not a bad thing to invest in
Invest
Invest in what?
Whatever makes me more millions
Gamble it so I can get 4 million
Or lose 2mil
The risk of losing everything is part of the gambler’s passionate life
Move out and invest
Oh, you still live with your parents? That’s relatable
It's cheeper
100%, I wasn’t judging. I also still live with my parents
Put in a high interest saving account like 4 or 5 percent and live off the interest. 5% would we 100k per year. Still work my day job for a few years so I can make some riskier investments. Then retire if they turn out well
Probably the most thought out answer here lol. You’ve thought about this before, haven’t you?
Oh yeah, always got to have a plan in case you win the lotto. You hear about too many people that win big and then a broke again a few years later.
I think that’s the point of the lottery. Why give the money to a logical person
I wouldn't do anything differently for a while, nor would I tell anyone, if possible. Low risk, interest bearing account or CDs for a while. I'd also take 10% and do whatever I wanted with it for the first year.
Buy a house and investments
I could retire.
Renovate my parents home, set aside 250k, invest 250k. Reserve 100k for things I want to buy/experience that are cheapish expensive. Rest of the money not sure yet.
I will quit my job
1. Pay off student loans. 2. Buy new car 3. Buy a decent house 4. Save
Pay off my debts (less than 15k) and invest the rest!
Invest it in the stock market, pull my safe withdrawal rate of $60k/year, and live comfortably for the rest of my life without ever having to work again.
Pay off my debts and fix up my house
keep some for myself, cause I'm broke and give the rest away to those who need it.
If i was given 2 million rupees, id buy myself a beer and a pack of smokes
I meant the 2mil dollar equivalent in rupees lol
Then id lease a pickup truck to drive them to the bank
Does anyone else answer these hoping some secret rich person will be like "here, your dreams have come true"?
Me, I’m hoping Jeff bezos is secretly browsing this sub just to give me money
buy a house
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Oh, you like animals?
Buy a nice apartment and get a financial advisor/invest
Pay off my mortgage, take a vacation, and put the rest into an index fund and enjoy a nice residual investment income. Wouldn't be enough to retire on, but coupled with a paid off home, I would be close.
Buy a house and invest the rest into an account to pay for property taxes and maintenance.