If you were given a million dollars right now, what is the very first thing that you would buy? Why?

The top things I'll do:
1. Buy an apartment and rent it out to get passive income, preferably rent to expats because they are willing to pay
2. Become an angel investor and invest in high potential startups because it's fun
3. Top up my kids' CPF regularly and let the interest accumulate (assuming I've kids)
4. Start my own company maybe, if the stars align, since I can afford to be more risk-taking

Make it grow on its own.

This question makes me sit down to plan how to give it to my loves one.

1. My parents for them to anyhow spend, but they are likely to keep it in the bank. ~$10k each

2. Into 2 20-year endowment plans for my 2 boys, who are 5 and 3 yrs, so that they can use it when they go into their next life stage. ~$100k each which will double in 20 years time (Assume 4% return)

3. $100k for my wife, into her bank account. She will come back to me to manage it. (Probably help her put into a 60/40 Global portfolio, this will be done in 20 parts to average out and help ease my addiction on market timing. Oh ya, the dividends can be a supplement for our yearly vacations.)

4. The rest, I intend to use it on upgrading my current 4-rm BTO to a 3 bedder freehold condo (with a good size balcony). Covid-19 has really made me want to have a good living space for the family, I believe that's the way to a better mental well-being. ~$680k is not a lot in today's property market, I would need to continue to work, and hopefully be servicing a manageable mortgage loan for the house.

A Tesla & Tesla stock.