If You Had a Million Dollars

[harrymcwealth]

If you had a million dollars in VC capital, right now. What would you do?

I...I would run away to Mexico and f*ck those capitalists! J/K.

[skyjoe76]

I will expand my business overseas.

[ideas2earn]

Buy 5 houses in the UK for 200K each and live off the rental income. Sweet.

Ok, so realistically probably stick half into long term investments and then use the other half to leverage property for rentals. 500K could get me into 3.3m worth of property on a buy to let basis. Even if you only cover the mortgage from rental income the long term upside is huge. Assume a double in value every 10 years and hold for 20 years, get out with a conservative $10m plus whatever the other half of my money has done.

[Envydia]

Expand business and,, open more, and invest!

[Joe426]

Wow, every month someone asks this same question...with maybe different dollar amounts... obviously we'd use it toward each of our business ventures. Sorry if that sounded a bit rude, but there must be like 12 of this posts in the forums.

[MrNyse]

Buy 5 houses in the UK for 200K each and live off the rental income. Sweet.

Ok, so realistically probably stick half into long term investments and then use the other half to leverage property for rentals. 500K could get me into 3.3m worth of property on a buy to let basis. Even if you only cover the mortgage from rental income the long term upside is huge. Assume a double in value every 10 years and hold for 20 years, get out with a conservative $10m plus whatever the other half of my money has done.

damn man thats a smart move

[Newton]

1. Investigate the viability of using a high interest savings account in a high interest place like Turkey (savings accounts there currently 23% if you go to the right place.) That'd be... 250k

2. Real estate, 250k.

3. A bit of small time VC : $300k

4. Put $ into my own business ideas : $200k

[adrizzle]

I would put half in my invention ideas and the other half into my businesses ideas. After investing in each one of them, one of them would have to take off hugely.

[zoobie]

Half of it I'll give to my mother then the other half I'll use to pay my tuition fees when I do my Med proper.

[jhhardin]

If I had a mill, with no strings attached, I would throw it into high interest savings accounts and live off the approximatly $50,000 a year I would make from just letting it sit there. To easy for me to pass up.

[Deejay]

Monetary blue Lamborgini Murcielago with colour matched rims - the rest in petrol vouchers.

[daryllau]

Man... some of you guys crack me up.. LOL!

As for me... hmm... well if it is from VC then its 100% going into building a business idea. With that amount it would help greatly for export expansion.

If in the event I can have some for personal use.. then yeah... property would be the way to go for me too.

[rob2009]

pay for a 15 second commercial on the super bowl for my hosting site...

easily make that much back within a few days, and get some repeat customers.
(yeah...taken from godaddy...lol)


Alot of you guys are saying "expand" but the question you might ask your self is how will you expand?

[Newton]

Whoops I didnt see that it was in VC Capital.. hehe...

My ideas don't need a million, so I would bump heaps into that interest gaining account and the rest into my business

[DJ Samson]

This post is extremely hypothetical because no VC would give you $1 million to spend on your own free will. In the agreement that $1 million would go all into the company he agreed to invest in.

Hypothetically speaking, I'm almost stumped because all of my ideas are revolved around a small budget.

I'd spend about $10,000 marketing my book and the remaining $90,000 in residential real estate. With $900,000 left, I would buy a night club for $400,000. It would feature all kinds of music on different nights with different age groups. $500,000 to go...I would spend $100,000 on an innovative ecommerce idea. The remaining $400,000 would go to one big start-up company that didn't rely all on the internet for sales.