What would you do if you had a million dollars?

I would put the whole 1 million in a dividend stock of hopefully 5-6%! That will be about $4-5k per month of passive income! Heh.

• 300k for housing / renovation etc (coz previously transferred OA to SA, current bal is low 😅)

• 120k to distribute among family members

• 80k to spend & maybe to start an online biz

• 50k for donations

• 200k for savings

• 250k for investment

Hi, for me. I would give half to my parents for raising me. Then, I would take 10% of the remaining to use on myself, improving myself, upskilling etc.

Then, I would take $200k of the remaining to donate to charity, be it for the elderly or animals.

Then, the $50k of the new remaining will be used for investment.

The last $200k will be used to create a better future for the next generation. E.g. creating a sustainable future, preserving nature, etc.​​​

Dont tell anyone about it and invest it all.