What if you get 1M dollars

Keep it. 1 Million barely means anything today, and it wouldn't even be a million in euros.
So it would be for the best if I keep it in case a family member gets sick and needs extensive treatment, something else goes downhill or a natural disaster is on its way.

i build my property

Re-invest into myself and grow several passive incomes.

Bread said:

It won't grow year on year, investing is a long term game like owning property. If your money is sat in your bank account, it's losing buying power due to inflation increasing. I'd rather roll the dice in a diversified portfolio than a guaranteed loss year on year in my bank.

Inflation won't remain low forever, but it's not bad if it increases. It depends on the state of the economy and the governments have ways to manipulate public spending among other factors to influence it's increase/decrease.

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Again I pretty much agree with you except for the comment about inflation. To my understanding, inflation is caused directly by central banks increasing the supply of money in the economy causing its purchasing power to decrease. I believe all Western countries have a central bank in operation so the idea of governments using public spending and other policies to influence the inflation that they themselves have created seems spurious.

900k would go into my business ventures. The other 100k I'd put aside for bills, food and whatever needs to be done around the house.
That would ensure passive income and a decent way of life for many years to come.

pane said:

Again I pretty much agree with you except for the comment about inflation. To my understanding, inflation is caused directly by central banks increasing the supply of money in the economy causing its purchasing power to decrease. I believe all Western countries have a central bank in operation so the idea of governments using public spending and other policies to influence the inflation that they themselves have created seems spurious.

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Inflation in the UK is measured using the Consumer Price Index (CPI). These are the increase/decrease of the 650 most common items households will purchase. Using this you can see how peoples spending will be affected year on year. So if I left £100 in cash for a year, it would allow me to purchase X% less or more (if minus inflation) on average a year later.

This is important because for your investment/gains to be profitable, it needs to beat inflation for you to actually buy more. If inflation is 2% and your investments yield 2%, in essence the numbers are just bigger - you won't get more for your money.

There are a few ways to control inflation, and it revolves like you said about the amount of money in circulation. If you want to reduce inflation, supply and demand dictates you need to restrict the flow of money - you can do this by increasing things like interest rates and VAT which would put people off spending money.

On the other hand, if you want to increase inflation you want people spending money - so as a disincentive for saving you reduce VAT (Value Added Tax - applied to virtually all goods sold as a %) and decrease interest rates. This puts more money in circulation, as there is more economic activity due to buying and selling.

VAT, Interest rates, Inflation, Employment %, Stamp Duty...etc are all used to balance eachother out.

Central banks can print more or less money, but they control this to prevent rife inflation as it's unsustainable and can cause another recession if it gets out of hand.

Inflation isn't bad, as it signals growth of an economy providing it's stable growth.

Buy my mom a new car she really needs one haha

I would invest it in a data center, allowing me to gain more money by offering hosting services.

definitely invest like 80 percent of it in real estate

Get a selfie with it and get ready to become a guru

I would buy traffic.
I love traffic.
Mmm.

Surprised

lacifitra said:

Keep it. 1 Million barely means anything today

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Are you high or somthing ?
That's waaaaaay more what you can spend on a lifetime.

I'd probably use it to generate additional leverage, and then diversify my investments in various different sectors, which would include cash flow generating websites, income-generating properties, identifying and investing is profitable CPA campaigns, forex, and a few bucks in low-risk bonds.

1. Buy a house.
2. Buy a commercial property and lease it out.

I would buy all the best Backlink supply conmpanies so that I can rank anything I want.

TasDePixels said:

Surprised


Are you high or somthing ?
That's waaaaaay more what you can spend on a lifetime.

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Tell me one first world country where 1 million would last a lifetime lmao

donate 500k to Palestine move with the other 500k to Indonesia or Malaysia or Thailand

Invest into an ETF and set it to reinvest dividends and then get business loans with interest rates that are below the average of the S&P 500.

1 Normal car and home! And whole money for long-term investment