What would you do with your first million..
Recently Dr Irfan Khairi posted up what he did when he had his first 1st million when he was 25 @ his blog.
Can this be applied here because he is in Malaysia. Ok firstly Dr Irfan actually bought a Condo & a Car in cash. His reason was simple - He did not want to have debts. This was to make sure that his family are secured first. In uncertain times like this, being in debt is not a good idea.
If you happen to be on your way to make your first million, would you do the same. Personally I would but I won’t stay in the Condo. I would rather rent it out and get passive income on a monthly basis. For a car eh…Well the dream car is always the FERRARI kan…but that would cost me like 1 million and make me broke immediately..So I guess turning dad’s car into a Black plate would be a good idea. Heh!!
Then the rest of the money would be stash in savings and other forms of investments such as being a Venture Capitalist to start off other entrepreneurs. 
So yeah what would you do?
Related Articles
- Lesson learnt from the Lord of the Rings.
- Azul
- How I started my Business from Home
- Maintain your communications channel
- Are you reading?
If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.
Comments
|
|
Haha that’s possible. Good idea to buy domains that’s everlasting..hmm ok aren’t most of them taken up already..hmmmmm Nah I still believe the investment should be into people. Training, educating them to become responsible Entrepreneurs. [Reply]
|
|
Wah same same Beli rumah, establish my home-base … Rent out extra room Invest more in other money revenues Savings done too Get more cert/credentials Pick up new skills, invest in myself [Reply]
|
I would invest half a million dollars in premium domain names. Monetized them. Grow the traffics. And watch the money grow from the comfort of my bedroom.
I wished! Haha.