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OT, what would you do if you won a million dollars?


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  • 1 Post By WendyBird
  • 1 Post By hopeful_girl55

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  #1  
October 2nd, 2013, 05:20 AM
Super Mommy
Join Date: Dec 2012
Posts: 770
What would you do if tomorrow someone told you you won a million dolkars?


I would expand our house like we have been wanting to do, take a family vacation which we have never been able to do and pay off our house and bills then put the rest into savings so DH could retire a few years earlier.
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Nancy

Mama to two beautiful babies Nathan (7/14) and Piper (9/15) and a surprise due February 2017!



3/28/13- 6 weeks
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  #2  
October 2nd, 2013, 05:29 AM
LivyLove's Avatar Mega Super Mommy
Join Date: Feb 2010
Location: Buckeye Nation
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Build the house my wife and I dream of, take a nice vacation for our entire family then invest so we can retire at an early age and enjoy the rest of our lives.
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  #3  
October 2nd, 2013, 05:59 AM
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I would do some house renos, buy a new car and take a vacation through Europe. And put the rest in savings.
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  #4  
October 2nd, 2013, 06:22 AM
Boss Mama
Join Date: Feb 2009
Location: Toronto, Canada
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I would buy our dream home, put down a down payment for my BFF, mom and dad to get a house next to me, take everyone on vacation then save the rest
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Some days i feel to just give up but a part of me can't let go of the thought of hopefully one day God blessing us again!!!!
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  #5  
October 2nd, 2013, 08:13 AM
kto1111's Avatar Super Mommy
Join Date: Sep 2013
Location: San Diego, CA
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Take care of a couple home renovation projects, get new cars for myself and DH, splurge on a luxury vacation (with family and/or nannies to help with DD haha), make a few donations, and invest the rest!
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  #6  
October 2nd, 2013, 09:11 AM
dlammers's Avatar Mega Super Mommy
Join Date: Feb 2012
Location: Norfolk, NE
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I would pay off all my debt and put the rest in savings. Probably a new car too. But if DH and I were debt free, we would live a very comfortable lifestyle. We have just got bogged down with loans and credit cards. YUCK!
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  #7  
October 2nd, 2013, 10:52 AM
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I would show the bank statement to the military, so we could get out. Build a modest home (around $200,000), and then use the rest to buy silver.
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  #8  
October 2nd, 2013, 11:12 AM
Mega Super Mommy
Join Date: May 2012
Location: USA
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I would not tell a single person! lol I guess I am weird that way. I would just use it as it was needed. Put a lot of it in some sort of investments, probably not stocks. I would probably build house and buy a big piece of land. The rest would be left to build on itself. I am a money hoarder and I will admit it! I wish I never had to spend a dime.
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  #9  
October 2nd, 2013, 11:17 AM
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I'd pay off our house and invest the rest, so DH could retire early. With no house payment, we'd be living quite the life!
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  #10  
October 2nd, 2013, 12:13 PM
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Join Date: Dec 2012
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Wendy- silver? What is your thinking bwhind that one, sounds lime a sokid investment but why silverover gold?
You all have such interesting responses
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Mama to two beautiful babies Nathan (7/14) and Piper (9/15) and a surprise due February 2017!



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  #11  
October 2nd, 2013, 12:33 PM
Britt3's Avatar Super Mommy
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I've heard that silver is/will be worth much more than gold..

I would buy a new car for myself, because I NEED one badly. We would buy a house, and pay off bills. I would then start a savings for my son, and then invest some. I would also take a trip to China to volunteer again, and save some for volunteering/charity expenses as well.
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  #12  
October 2nd, 2013, 02:00 PM
meld10's Avatar Mega Super Mommy
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Posts: 1,700
I would pay down our mortgage on our house and do the renos we are saving up to do. Then I would buy a triplex and do a few renos on it. The rent from the triplex could then replace my BF's income and he could quit is job to run his business from home.

In the long run his business could grow to replace my income and I could quit my job to work as a financial/economic consultant for community development organizations .
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  #13  
October 2nd, 2013, 02:08 PM
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Whisper, I'm already investing in and purchasing silver. It's at a price point that we can afford, vs gold. That, and I see silver rising higher (percentage wise) than gold.

We've actually been helping others invest as well.
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  #14  
October 2nd, 2013, 02:17 PM
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Join Date: Dec 2012
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I didnt know you could even buy it out right, that is really cool, how would a person go about it?
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Nancy

Mama to two beautiful babies Nathan (7/14) and Piper (9/15) and a surprise due February 2017!



3/28/13- 6 weeks
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  #15  
October 2nd, 2013, 02:59 PM
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There are websites you can go to, or you could find local coin shop. What we've been doing it using 401K's.
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  #16  
October 2nd, 2013, 03:01 PM
anhoyle's Avatar Mega Super Mommy
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I would build a new house and invest the rest.
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