If you had to spend $2 million in one day, how would you spend it?

I would go to Merrill Lynch (or any decent investment bank), open up a private wealth management account, and let smarter people than me invest the money.
Investment bankers aren't held in high regards these days, but I'm pretty sure it'll do better in their hands, given my propensity for making occasional stupid mistakes.

 

I would probably keep half of it in a spare account, just so that I can make interest off it. I will then live off that interest until I can decide what to do with the other 1 Million. It shouldn't take too long, and I would soon have bought a nice cottage somewhere probably in the south of France and have myself a trip around the world!

 

I would probably invest it as well but I would go to 10 different investment banks and spread it out. Just like it is a good idea to spread your investments out across multiple stocks, funds etc.., I also feel it is important to not have just one company making the decisions on where to invest your money.

 

Keep under my bed, probably. Don't want banks and governments to know I have that kind of money. But if I really had to spend it, I'd probably give half of it away to charity, a quarter to my parents and the rest on random stuff.

 

I would pay off my rent, buy my parents a new house and let my Mom burn ours down (which is falling apart and caving in), pay off my college bills, pay off the college bills of both of my sisters, Pay off my parent's debt, get my animals caught up in vet bills, go to the doctors like I really need to (it's hard with no health insurance), and maybe buy some clothes that fit me. Whatever is left can go to charity.

 

I would buy a house and use the rest of the money to up keep the house, and pay for the bills. I would invest a small portion of it. I think real estate is pretty expensive these days. After my hypothetical purchases, I do not think I would have much money left.

 

I would buy me a nice place to stay at, i hate living with my parents!

 

I'd leave a good chunk in the bank so it can gain interest. So that by the time I'm like 60 I'll have a good return. I'd then invest some of it into an NBA team. Kind of like a Mark Cuban thing. Build a contender. I'd make sure I have say over player personnel. Then, I'd invest some into my online business. Advertising and such. After that, buy my parents a house in Atlanta. Then probably live off the rest. Spending when I need to. Might probably give some to my grandmother and a few of my favorite Aunt's and Uncle's as well.

 

First of all I would buy a new place to stay. Invest half of it in gold/silver. The other half I would then use to build an Internet empire.

 

I would spend it at a rate of $1,388.89 per minute! Ha! No.

I would want to sit down with someone who knows what to really do with money. I would definitely want to invest in real things that are stable and secure. I would try to set myself up to live off of the interest. I would take some of it and get my preparedness act together (you know, food, water, etc.) because that money won't mean a thing if things get crazy. I would invest in some...protective supplies.

I would not share the money with anyone at such an early stage. Any "help" that I would be able to give others would have to come out of the interest/profits from investments made. I would have to take care of myself, first. I would treat it as a once-in-a-lifetime opportunity. I would not waste it.

I might buy the best beer and cigar, just because.

 

I would order 86 pieces of 1,500 GH/s Bitcoin Miner BitForce Mini Rig SC and mine BTC and LTC the whole day...

 

Invest it wisely or talk to some consultant on how to handle it. I would want to invest it in something useful. I don't think I'm the type to spend that amount in a day.

 

You should be leery of investors and consultants. They ain't always what they're cracked up to be. They can give you bad advice or worse, swindle you out of a large chunk of your money.

 

Ha ha, I've always said that if I ever had a lot of money I would probably be terrified by the sheer amount of it and hide it in a mattress. Honestly, if I had to spend that much money in one day I'd probably be absolutely petrified and end up spending nothing. However, if I was given a longer time like a month or a year, I might be able to spend it...

 

I would immediately buy a house and lot and a car if there's enough money left after I bought the house, because I would also like to move out of my parents house as soon as possible.

 

First thing I will do: pay my loans and clear my credit card balance. With 2 million on hand, I do not have to deal with collection agents anymore. That means no calling for reminders, no threats from law firms, and a peace of mind. Then, since I do not even want a luxurious lifestyle, most likely I will just invest a big chunk of it. I have to have a financial adviser and consultant so they can advise me on where to put it and how to grow it more. I am not expert in investing and I do not want the millions I have to go down the drain so I need an expert's opinion and advise. Some of it will be used to sponsor a charity, or a special person I believe deserves it. I have actually one in mind--the kid I always see on the street who does not go to school but instead works to augment the income of her family. That girl deserves help and I promised myself I will help her if I got the money. I will be able to fulfill that by then.

 

I would buy myself a beer and think of what matters the most. I would give half of it to my parents, and the rest I would buy myself a house, car and stock up the fridge. By then I would be completely done.

 

I would invest it somewhere safe, either by buying some shares that seem good to me or just start a company which I believe will earn me a lot of income. This does not mean that I hate spending money. I love it. I just do not want to spend and be left with nothing because there is no money that can last forever, it will one day get finished.

I believe that it depends on when I will get another two million dollars. If it is never, then I invest it, if it is within two to three days, then I spend it all in twelve hour buying cars, food and going to all the places all over the world.

 

If I ever had $2 million dollars, I would invest the money into buying a small business.
Then I would save the other half or use some of it to travel around the world.

 

Traveling around the world is for the quiet rich. Not the well-known rich. You'd be a target for kidnapping for ransom in some places.