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Updated about 9 years ago on . Most recent reply

User Stats

34
Posts
10
Votes
Kelly Foydl
  • Sacramento, CA
10
Votes |
34
Posts

You just net $1 Million dollars game

Kelly Foydl
  • Sacramento, CA
Posted

Hi all,

I know it's been played before, but there are tons of us new to the site, so thought I would play it again.

You just won something that gave you an after tax, free and clear $1 MILLION dollars to do as you please.

If you are younger then 40..please indicate...if older than 40...admit it, over 55 admit it, think about your end game or when you might stop or do you plan to be actively investing till the last breathe?

How would you invest your money or would you? Would you differ than your current methods? If you are a sub$30 buy and hold, do you go up in values or maintain? Would you invest all 1 million in real estate or only a portion? Would you leverage or not (especially with your over 40 or 55). How many would suddenly start participating in private money lending of some sort?

For those of you that would just leverage and buy $4 million dollars worth of buy and holds, why would you NOT do other things?

Okay, let's here what you would do.

Most Popular Reply

User Stats

659
Posts
536
Votes
Steve Olafson
  • Scottsdale, AZ
536
Votes |
659
Posts
Steve Olafson
  • Scottsdale, AZ
Replied

What about those of us that already have it.  I have had more than a million for most of the past 16 years.  I am 56 now.  I am happy to tell you what I did do if you are interested.  It is a fairly long story.

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