Ask HN: So, you have a million dollars. Now what?

http://paraschopra.com/blog/personal/so-you-have-a-million-dollars-now-what.htm

by paraschopra • 17 years ago

2 7 17 years ago

elv• 17 years ago

aim for 5% annual return, leave 2,5% for inflaction, and you'll be forever free with 25K/year yea you should carefully pick up your bank or your freedom could vanish in the next credit crunch :)

anamax• 17 years ago

You're going to be paying taxes on that 5% so you're not going to net 25k.

Allocator20082• 17 years ago

"Two girls at the same time."

Allocator20082• 17 years ago

To whoever downvoted this: this was a JOKE, a quote from 'Office Space'.

xiaoma• 17 years ago

It's almost as if they decided to JUMP to CONCLUSIONS.

And yes, that is very much on the topic of what to do with a million dollars-- You can fund your business idea... even if it's terrible. Earn a million dollars and you can start marketing Jump to Conclusions mats.

vaksel• 17 years ago

is that 1 mil before or after taxes?

sho• 17 years ago

What do you mean, now what? "Now what" is you go and make the rest of the money you'll need to buy a decent apartment in any world city. A million bucks ain't that much anymore and you certainly couldn't retire or anything, unless you plan on living in a lower-income country.

On the bright side, you won't need an angel investor for your next startup..

Ask HN: So, you have a million dollars. Now what?

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