Welcome to my $5,000,000 website. This site will go into detail of what I will do if I had $5,000,000 after taxes. It may sound like a lot of my family, and friends – but in reality – it isn’t much at all. With $5,000,000 – I will have a steady income, but half of my windfall has to be placed into an average risk investment fund to generate the income. The other half will go for my cash on hand. This will go a long way into not only acquiring things I will want, but to have a positive impact on the people that are the closest to me. This is significant to me as I feel if I can help someone I care about, then I should. With that said, the following will be accounted for:
- 2BR House: $250,000
- Cash On Hand: $2,250,000
- Investment Fund: $2,500,000
I will rather have my 4 Story Bulding. This location will be in walking distance of the PMB, and post office. It will also allow me to have 1 bus to connect to Oakland. However, if I was to acquire the building, I may not be able to do everything I want to do. With that said – it would make sense to acquire the house that I would acquire if I only had $1,000,000. This is not a large house, and I will need to use every square footage. However, it will give me a 1B/1b apartment above the garage that I could rent out to a tenant. I will have an idea of this tenant, but obviously, I will not know for sure since I won’t have this house. You can learn more about the house by going to https://fsp.cc/house.
The cash on hand will go into buying any significant purchases that I will need, and offer a means to provide cash gifts to the people I care about. This will not only do something good for me, but something good for the people I care about. In example, someone I care about has a mortgage. I might offer to use that gift money to apply to her mortgage so she will have a significant impact made to her mortgage, and will get her out of debt quicker. I am sure this will be something that would be appreciated. After buying my significant purchases, and giving the gift money to those I care about – I will then put up to $250,000 in my checking account, and whatever is left will go into my Swiss bank account. This will be essential to protect my assets in the case of bank failure.
The investment fund is just that. It will go into an investment fund that is diversified, and with average risk. This will give me a 9% ROI, and I will assume 25% for Capital Gains taxes. This will go long way in making my life more comfortable.