facebookWhat will you do if you were to win a 1 million lottery? - Seedly

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Carly

30 Aug 2020

Random

What will you do if you were to win a 1 million lottery?

How much will you allocate the money to invest, spend on travel etc... Just curious hahaha.

Discussion (4)

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Bryan

30 Aug 2020

Data Management & Financial Analytics at EDHEC Business School

Assuming that you are asking during the current post-covid period.

Context: Working, Able to taker higher risk.

5% - Savings to buffer for unemployment

20% - F.D to earn minimal interest :/

20% - Private Property downpayment given the relatively cheaper prices now

30% - To purchase into U.S Equities (Technology)

25% - To purchase into Asia Emerging equity instruments​​​

Samantha Ong

30 Aug 2020

Seedly Student Ambassador 2020/21 at Seedly

  1. around 5% for immediate/ short-term spending

  2. around 15% for savings and savings account

  3. around 45% for long-term investments and less risky assets

  4. around 35% for short-term investments and more risky assets

This may differ from people to people, just my personal take on this question.

Buy a house in Sweden, or

invest into some of the ETFs mentioned here:

https://seedly.sg/questions...

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