My opinion: most people squander the money and end up in the same hole they were in before...Tattoo it on your arm: "Give a man a fish, and he will eat today...

I imagine most folks who took the million would squander much of it, but I don't think that is the case for most on BP.

I have a number of doctors in my market that are some of the major landlords of single-family and small, multi-family rentals that I can only imagine are squandering away money and opportunity.Then there are others that are wowed by what they see on HGTV and decide to try their hand at it only to get punished. 

If we also got rid of the major corporate tax loopholes (with regards to how option are taxed, etc), we'd get not just the rest of the way there, but we'd have a surplus by 2020.I can't speak for others, but if it means that my children could inherit a country without debt (or significantly less debt), I'd happily pay higher taxes for the next 10-20 years (and yes, my family would be personally affected if the Bush Tax Cuts were repealed)...perhaps we should consider it punishment for allowing our politicians to squander our money for so long...

He was going to squander whatever little money was left on corporate Jet, etc. and leave investors holding the bag - happens everyday even in honest business ventures.

Electronic waste or e-squander is a term used to depict these now-unwanted electronic items.

But I see them squandering the family legacy (probably) for more "immediate" gains and see them turning over to their heirs a lot less than they'd have if they'd kept what they'd inherited.

The first thing I would do: acknowledge that you came into this money by good fortune, not by skill, and that you can just as easily squander it, as so many do.A good investor will have control of their personal finances before investing.

We don't know your financial position but what ever you do don't squander it on depreciating assets.

This takes a little more work, but it's the most fair and reduces the likelihood of tenants that squander utilities.If you choose #2 or #3, there are considerations:Start with an average.