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Old 04-06-2008, 07:10 PM   #26 (permalink)
DReam91
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Default Re: If you are rich, how would you effectively use your money?

1millon dollar wont come easily de la .....


i would invest first ,,,, then get a condo then rent out ..... then use some for personal entertainment then donate to SZECHUAN and MYANMAR lo .... if still got some then i willl probably fold the remaining cash into crane or rose or paper plane lo.... ( giv it to "someone " lo )

hhahahahahahhaha........

wadever does not kill u make u stronger!!!

hahahahah be happy .....
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Old 04-06-2008, 07:12 PM   #27 (permalink)
defunct
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Default Re: If you are rich, how would you effectively use your money?

buy things that i couldnt buy when my pay is a miserable 1k++
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Old 04-06-2008, 07:16 PM   #28 (permalink)
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Default Re: If you are rich, how would you effectively use your money?

if i got 10k a month i will buy one house 1st then say haha

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Old 04-06-2008, 07:46 PM   #29 (permalink)
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Default Re: If you are rich, how would you effectively use your money?

i will use half of de money to set up a organization for de poors and help dem with their lives with de money. de other half save for future use. mayb use a lil portion- 1/10 of my total money to pamper myself and my family. HAHA =x

if onli money drop frm sky. lols.
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Old 04-06-2008, 07:48 PM   #30 (permalink)
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Default Re: If you are rich, how would you effectively use your money?

wah hw i wish i got 10k a money then can buy oakley every month hoho

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Old 04-06-2008, 09:06 PM   #31 (permalink)
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Default Re: If you are rich, how would you effectively use your money?

buy the whole LV shop haha


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Old 09-06-2008, 11:10 AM   #32 (permalink)
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Default Re: If you are rich, how would you effectively use your money?

Quote:
Originally Posted by AkitoSuki
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aiiyoo.. buy all the things for the gal i like!
Haha.... Then will the gal like you for your gifts or yourself?

For my $1 mil...

1. Put a bit at the bank for liquidity...
2. Buy annuity plans and insurance for my parents...
3. Buy more insurance for myself...
4. Invest in paper assets...
5. Invest in dividend fund for passive income...
6. Invest in condo for passive income...
7. Invest in small business... Then use its profit to start bigger ones...
8. Further study...
9. Any remaining, use for my wedding... Go for tour... Shopping... Pamper myself, my family, my dear, my dog...

For my $10K income...

1. Do dollar cost averaging investment...
2. Invest in books, courses for my knowledge...
3. Invest in health... Buy supplements, join exercise course... Too lazy to exercise...
4. Clear bills... Sian...
5. Daily expenses...
6. Shop...
7. Pay for angpows... Friends' wedding, baby showers, birthday, funeral...

Think that's about all... After going through all these, find that $1 mil and $10k also not very enough... Haha...
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Old 09-06-2008, 11:13 AM   #33 (permalink)
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Default Re: If you are rich, how would you effectively use your money?

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make my million work for me. invest for passive income. once passive income goes above what i earn. i can retire
Same here
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Old 09-06-2008, 11:15 AM   #34 (permalink)
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Default Re: If you are rich, how would you effectively use your money?

if i had that much money i would invest in real estate and put money in interest in bank for 3-4year plan so by the end of thos years i will more money with %%added~~ hahaha

and start spending hahahaha

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Old 10-06-2008, 01:59 PM   #35 (permalink)
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Default Re: If you are rich, how would you effectively use your money?

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if i had that much money i would invest in real estate and put money in interest in bank for 3-4year plan so by the end of thos years i will more money with %%added~~ hahaha

and start spending hahahaha
Hello,

You mean the fixed deposit, saving account, investment plan from the bank?
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Old 13-06-2008, 01:40 PM   #36 (permalink)
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Default Re: If you are rich, how would you effectively use your money?

I will first purchase an endowment plan. Nothing beats having my future a safety net.
Include ample insurance coverage

Then donate some to charity and religious organisations too.

Remaining funds? Place 10% in bank account.
Purchase blue chips. Buy and hold. Collect the dividends. Not aiming for high capital gains so i guess buy and sell doesnt apply to me.

Purchase a property and fund the installments using my $10k/mth salary.

I dont think i will buy a luxurious car. Probably buy a toyota will be good enough for me.
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Old 13-06-2008, 04:11 PM   #37 (permalink)
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Default Re: If you are rich, how would you effectively use your money?

invest invest and invest..Lol
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Old 25-06-2008, 12:48 PM   #38 (permalink)
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Default Re: If you are rich, how would you effectively use your money?

hi
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Old 25-06-2008, 12:48 PM   #39 (permalink)
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Default Re: If you are rich, how would you effectively use your money?

hihi
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Old 25-06-2008, 12:49 PM   #40 (permalink)
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ss
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Old 25-06-2008, 12:49 PM   #41 (permalink)
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Default Re: If you are rich, how would you effectively use your money?

jh
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Old 25-06-2008, 12:52 PM   #42 (permalink)
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Default Re: If you are rich, how would you effectively use your money?

Help & rescue the needy.......>!!!!!!!!!
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Old 25-06-2008, 01:14 PM   #43 (permalink)
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Default Re: If you are rich, how would you effectively use your money?

If i am rich, i will spend money after money, enjoy ourselves when we alive, no uses keeping all the money in bank, we dunno what will happen tomorrow, so live a day count a day, enjoy with it

今天再多说一次“再见!”: 我要死了!我该怎么办啊~救命啊`我要死了!世界里从来就没有公平二字!
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Old 25-06-2008, 01:47 PM   #44 (permalink)
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Default Re: If you are rich, how would you effectively use your money?

Investment and buy assets (apartments, etc). It's pertinent for us to continue to use money to make money and obtain financial freedom. I guess with money, you'd rid the problems that the lack of money bring. But it will give you a new set of problems. =)

Put 75% in fixed deposit/insurance to earn interest! =D

Those who say they care really don't. Because those who do, don't need words to justify their actions.

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