Anonymous
07/05/2013 15:30
Subject: Re:What to do with 2 million dollars?
Anonymous wrote:What to do with 2 million dollars?
One word: Hawaii.
You can talk about how you'll invest the rest while on vacation.
In all seriousness, get with a certified financial planner. Keep in mind that life insurance is a great way to preserve wealth for your children.
This sounds like the best plan to me
Anonymous
07/05/2013 14:30
Subject: Re:What to do with 2 million dollars?
Anonymous wrote:How?
How what?
I typically take a plane to Hawaii.
But if it's life insurance you're talking about, best to talk to your financial planner. S/he can explain it to you in a way that suits your needs.
Anonymous
07/05/2013 13:43
Subject: Re:What to do with 2 million dollars?
Anonymous wrote:What to do with 2 million dollars?
One word: Hawaii.
You can talk about how you'll invest the rest while on vacation.
In all seriousness, get with a certified financial planner. Keep in mind that life insurance is a great way to preserve wealth for your children.[/quote
How?
Anonymous
07/05/2013 13:05
Subject: Re:What to do with 2 million dollars?
What to do with 2 million dollars?
One word: Hawaii.
You can talk about how you'll invest the rest while on vacation.
In all seriousness, get with a certified financial planner. Keep in mind that life insurance is a great way to preserve wealth for your children.
One word: Hawaii.
You can talk about how you'll invest the rest while on vacation.
In all seriousness, get with a certified financial planner. Keep in mind that life insurance is a great way to preserve wealth for your children.
Anonymous
07/05/2013 13:00
Subject: Re:What to do with 2 million dollars?
Anonymous wrote:Anonymous wrote:If I inherited a big sum of money tomorrow, here are the smart and practical things I would do:
- down payment on a house that is bigger than the apartment where I currently live
- pay off my debt (about $15k total)
- pay off my siblings' student loan debt (about $10k total)
- $10k gift to my daughter
And then there are the emotional and less practical things that I would also do:
- $500 in $20 bills, given out to the people I see every day on the street begging
- $100 in the tip jar of the coffee place I go every morning
- go on an actual, real, extravagant vacation with my daughter
- replace all my underwear and socks
I find this all very adorable. I like you, PP.
Thanks! It's actually the honest list. I would not live my life any differently than I do now. I would just do those things, which would make some things a little easier for me and also other people.
Anonymous
07/05/2013 12:56
Subject: Re:What to do with 2 million dollars?
Anonymous wrote:If I inherited a big sum of money tomorrow, here are the smart and practical things I would do:
- down payment on a house that is bigger than the apartment where I currently live
- pay off my debt (about $15k total)
- pay off my siblings' student loan debt (about $10k total)
- $10k gift to my daughter
And then there are the emotional and less practical things that I would also do:
- $500 in $20 bills, given out to the people I see every day on the street begging
- $100 in the tip jar of the coffee place I go every morning
- go on an actual, real, extravagant vacation with my daughter
- replace all my underwear and socks
I find this all very adorable. I like you, PP.
Anonymous
07/04/2013 22:17
Subject: What to do with 2 million dollars?
If you have to ask what to do then you don't need it. Gift it to an intelligent person who will donate to deserving causes and invest wisely.
Anonymous
07/03/2013 16:43
Subject: What to do with 2 million dollars?
there is only inheritance tax in 8 states. One of them is Maryland which excludes at least the first million if not more depending on other things. And even then it is only 16% of the taxable amount.
Anonymous
07/03/2013 16:14
Subject: What to do with 2 million dollars?
Anonymous wrote:Half of it to inheritance tax....
exclusion is $5MIL. stop whining.