If you were given 500000 dollars to move away and start over, where would you go and how would you spend it? (live, place)
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I would
1. Move to Seattle Vancouver or chicago and get a place 200000$
2. Go to college 2 years 80000
3. Buy a car 30000
Ok I got 190000 left.
4.Save the rest
Location: Appalachian New York, Formerly Louisiana
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I would move somewhere into the mountains of northern central Pennsylvania or southern tier New York on a dirt road, build a modest single floor home (I'm thinking that would be around $200,000 or less), and live well below my means with an average job and my artwork for augment.
The rest would be in the bank (I'd hope to at least be able to save $100,000).
Though at least $50,000 would go to my parents. $30,000 to buy their land for good and proper, and $20,000 to fix their old hillbilly house.
1) Stay here
2) Invest in a good business idea/help put a down payment down on a development project or an apartment building
3) ?????
4) PROFIT!
Surprised most of you guys haven't thought about the investment route. Money makes money, baby!
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