$1 Million Winner

HungryEgo

Member
21 May 2020
143
43
Canada

Reputation:

$1 million eh?

Pay off condo mortgage ($-190,000)
Pay off SUV ($-16,000)
Buy NEW house ($-600,000) <--This would become primary residence
Furniture for new house: ($-25,000)
Super Family Vacation: ($-50,000) When COVID-19 is over of course
Max out remaining RSP credits: ($-40,000)
Condo Upgrades Laminate Flooring, New paint, new appliances, remove hot water tank and replace with tank-less system: ($-25,000est)
Medium-risk Investments i.e. stock options ($-25,000)
Remaining Funds: $29,000 high-interest savings account for a "rainy day"

Turn condo into rental property ($1500/month, that is actually a good deal for the setup in this condo imo)

Welp, there's my plan for $1 million dollars :)
 

digital

Community Team Leader
Staff member
Team Leader
27 April 2020
734
33
Scotland

Reputation:

I’d purchase my first property for myself. I’d pay off everything of my parents and get them a nicer house. Then I’d probably look to set up some kind of business venture.
 

Tagobs

Community Team
Staff member
Mod
26 March 2020
963
43
Norway

Reputation:

They'd all go to a huge apartment in Oslo, preferably with two floors and a large balcony.
 

About Us

Forum Authority is a general discussion forum. We currently have a variety of categories to choose from, where you can participate in discussions. We also have many features such as a powerful credits & awards system, custom upgrades, plugins + more! Here you have the opportunity to meet new people, learn something new, find unique resources & tutorials, win contests & prizes, receive freebies and be given advice or help.

Top