Friday Five – Jan. 30th, 2004

Another Friday. Another Friday Five.
You have just won one million dollars:
1. Who do you call first?
Probably my brother. Or my parents. Quickly followed by my friends who I would then gloat to (but in the end I would probably end up buying them some really cool things).
2. What is the first thing you buy for yourself?
A new car. Once I figured out what car I wanted I’d walk right into a dealership with a briefcase of cash and drop it on the counter. Paying for something like that in cash would be really cool. Though I’d probably just end up writing a cheque 🙂
3. What is the first thing you buy for someone else?
Not sure. I’d have to see what people wanted. Though I know one friend who would like a car as well. Maybe I’d buy him one. 🙂 But first and foremost I would help Firda get away from her evil dad by giving her the money to travel anywhere she wants – be it to Canada or elsewhere.
4. Do you give any away? If yes, to whom?
Depending on how much I’ve won I’d probably give some to charity. Again it depends on how much I won. If it was a million or less I’d have to deal with my own interests first before I could decide whether to give some to charity (since a million dollars isn’t a lot of money in todays economy). Now if I won multiple millions of dollars then I’d give to charity.
5. Do you invest any? If so, how?
I don’t know much about investing so I’d have to get myself a financial advisor. I would also find a bank account (or some way of investing) where I get a steady interest rate so I could get a steady yearly return. Just think about it. On 1 million dollars if you could find a bank to pay you 10% you could make 100,000 dollars a year without having to do anything. How sweet would that be?

5 Replies to “Friday Five – Jan. 30th, 2004”

  1. Oh yeah. You know I completely forgot about that. That would be one of the first things I’d do with the money. I had cars on my brain (what with your worst cars post). 🙂

  2. I realize that 10% on a savings account is quite a bit 🙂 Though I bet that banks give you a lot of perks if your putting one million or several millions in their vaults (or in reality into their magic computation machine) 🙂

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