Have you seen a map? It's bigger than the US lol.
$ What would you do with $1 million?$
- Thread starter Daniel Wood
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The best thing you could do is keep it in a bank account and wait for interest, and spend the interest.
Here's the interest you could get from doing nothing apart from having $1m in your account:
One Day – $109.59
One Month – $3,333.33
One Year – $40,741.54
Five Years – $220,996.59
Ten Years – $490,832.68
Twenty Years – $1,222,582.09
I think that's enough for your kid stuff. Don't invest your money, save it. If you invest it, you're letting someone else spend it and chances are you're not going to get it back.
If you invest it into a company such as Google or Apple, you're going to lose it. They're at the peak of their business life cycle and stock prices will only drop, there's no way of knowing with something like this.
Sure, if you invested in Apple 15 years ago, you'd be set. But let's be honest, half of you were born like 15 years ago so..
Here's the interest you could get from doing nothing apart from having $1m in your account:
One Day – $109.59
One Month – $3,333.33
One Year – $40,741.54
Five Years – $220,996.59
Ten Years – $490,832.68
Twenty Years – $1,222,582.09
I think that's enough for your kid stuff. Don't invest your money, save it. If you invest it, you're letting someone else spend it and chances are you're not going to get it back.
If you invest it into a company such as Google or Apple, you're going to lose it. They're at the peak of their business life cycle and stock prices will only drop, there's no way of knowing with something like this.
Sure, if you invested in Apple 15 years ago, you'd be set. But let's be honest, half of you were born like 15 years ago so..
You will only make a profit of having money in a savings account if the interest rate is higher than the inflation rate, which isn't always the case sadly. And trading stocks isn't going to make you lose all money, maybe in the short term if a new financial crisis happens, but it's almost imposeible to lose money in the long term, if you know what you are doing and not only invest like "ZOMG I WUV THE IPHONE SOOO MUCH LEMME GO BUY SOME APPLE STOCKS CUZ YOLO"
id buy a unicorn... a pink one from despicable me.[DOUBLEPOST=1438812898,1438812841][/DOUBLEPOST]
No, buy thousands of acres and hide a huge weed plantation
No, buy thousands of acres and hide a huge weed plantation
id just put it all in the bank and withdraw the interest money I make each day to spend on minecraft servers 
1. 100k save for college
2. 2k buy an op computer
2 1/2. 2k buy some suits so that i can look fresh af.
3. 300k save.
4. 800$ buy a karambit and a nice ak skin
5. 50k have as extra spending money.
6. 100k in bonds. (Probably government ones)
7. 100k in (safe) stocks.
8. 30k buy a nice car.
9. 20k either investing into servers or making my own.
10. 295.2k make a good down payment on a house.
2. 2k buy an op computer
2 1/2. 2k buy some suits so that i can look fresh af.
3. 300k save.
4. 800$ buy a karambit and a nice ak skin
5. 50k have as extra spending money.
6. 100k in bonds. (Probably government ones)
7. 100k in (safe) stocks.
8. 30k buy a nice car.
9. 20k either investing into servers or making my own.
10. 295.2k make a good down payment on a house.
Spend it all on prostitution
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