Today's topic for the Long and Short Reviews Blogging Challenge is "what I would do with a million dollars."
In today's world, sad to say, a million dollars does not go nearly as far as I would like it to! I'm assuming I have the entire million to spend (no taxes to pay on it, etc). If I had won the lottery, I would put a million dollars in trust for each of my four kids. But, with only a million--I would probably gift them each $100,000...leaving me $600,000.
I would definitely put some of it into a charitable trust - always want to give back where I can. Let's say another $100,000 invested in a medium risk company, with the interest to go, probably, to St. Jude Children's Research Hospital. They do wonderful work, and it's a cause close to my heart.
I have half a million left. I would love to finish our never-ending remodeling projects on our home! I don't think it would take that much...but I'm not a contractor, so.... let's say half of that (and I think that's on the high side).
A quarter of a million dollars left... $250,000. I had once thought about buying a vacation home on the Outer Banks, but with the active hurricanes we've been having down south recently, I've been rethinking my thoughts. Decisions, decisions, decisions... what do YOU think I should do with the rest?
To take part in this challenge, just write your post and put your link on the front page of Long and Short Reviews. I can't wait to come and see what you would do with your million dollars!