I’m sure many of you have heard of (or a variant of) the following question:
If I gave you a million dollars, what would you do with it?
My usual answer is “I don’t know, give it to me first.” Hehe.
Anyway, just for fun leave a comment and tell me what you would do, then answer the next question:
If you saved the next 20 years for a million dollars instead, what would you do with it?
And on a related topic, see https://michaelochurch.wordpress.com/2011/01/30/yes-rich-kids-already-won-the-career-game-heres-why/
March 8, 2011 at 1:36 am
If you give me 1mil, i will put an amt into investment such that it will generate sufficient income. (5k monthly at 10% annual will need around 600k) That will free me from work and i can use the remaining to do whatever i wish to do.
If i saved it across 20 yrs, i will tell you 20 yrs later 🙂