What can you buy with a million dollars?

Seeking Advice/Help
1

Imagine you have no property, no house, you live in a rental, you have a good job, and you have a million dollars in the bank. What would you do?

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2

I would think about launching a business, invest in varied portfolios (stocks, bonds), and purchase real estate for rental income. Aim for long-term financial stability while having fun.

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3

First, prioritize yourself by buying a house and property to stay, then consider making an investment that will generate income for you.

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4

Several small companies

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5
  1. Save Money: Start saving for travel, moving costs, and investments.
  2. Budget Carefully: Make a budget for travel expenses, moving costs (like rent and deposits), and initial investments.
  3. Research New Place: Learn about your new city—jobs, schools, and living costs.
  4. Plan Travel: Arrange flights and places to stay for your move.
  5. Find a Home: Search for a place to live and set up utilities.
  6. Job Search: Look for work or transfer to a job in the new city.
  7. Invest Wisely: Grow your savings through smart investments.
  8. Adjust as Needed: Keep an eye on your budget and investments, and make changes as you go.

By following these steps, you’ll be ready to relocate and build a solid financial foundation in your new home.

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6

Assuming capital gains taxes apply, I would invest the remaining $600,000 in a mix of high-dividend ETFs, index funds, and select individual stocks.

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7

Hello guys! with a million dollar i would re-establish myself, put up companies and create job opportunities for young stars.

8

Consider buying a property instead of renting to build equity over time.

9

Investing in further education or skill development could lead to better job opportunities.