If you did come in to some money

[ohevertonohweloveverton]

Save half of it, buy a proper nice car and spend loads on alcohol, football and stuff.

 

[McBain]

1. Debts - Zap!
2. Family some pocket money - Kerching!
3. All the fashionable electronica I can get my hands on - Pachow!

The Batman sound effects are an added bonus.

And 1 million aint all that. You should have gone for at least 50+

 

[Bundy]

I'd pay off my mortgage and buy an investment property. Then maybe a holiday and a big car.

 

[TX Bill]

$1,000,000

$400,000 AAA rated tax free municipal bonds (laddered 5-20 years)
$100,000 Short term US Treasuries (1-2 years)
$100,000 Large cap dividend paying stocks (global)
$50,000 Mid & Small Cap (domestic) stocks
$100,000 Commodity ETF
$50,000 Gold Coins
$50,000 High Yield Corporates
$25,000 REIT's
$25,000 Preferred stocks
$25,000 MLP's
$75,000 Cash

This would probably spin off interest/dividend income in the range of $25,000 to $30,000 per year, much of which would be tax free. This would also be in line with my personal risk profile. Everyone is different with different goals and objectives, etc....

 

[Bundy]

$1,000,000

$400,000 AAA rated tax free municipal bonds (laddered 5-20 years)
$100,000 Short term US Treasuries (1-2 years)
$100,000 Large cap dividend paying stocks (global)
$50,000 Mid & Small Cap (domestic) stocks
$100,000 Commodity ETF
$50,000 Gold Coins
$50,000 High Yield Corporates
$25,000 REIT's
$25,000 Preferred stocks
$25,000 MLP's
$75,000 Cash

This would probably spin off interest/dividend income in the range of $25,000 to $30,000 per year, much of which would be tax free. This would also be in line with my personal risk profile. Everyone is different with different goals and objectives, etc....

Yeh I was going to say that as well, but I didn't want to show off and all.