Tell me what you’ll do with US $1Million

I was tagged by Rani. Her topic is “Tell me what you'll do with a $ 1Million (1, 000, 000)”.
 
And following her lead, I'll conveniently convert the US moolah into good old Ringgit Malaysia, which is about RM3.4 million. So, after a long and hard thought, I'll do the following:
 
1m – set up a trust fund for tamil schools and use the investment profits to help as many schools as possible
1m – set up a family trust fund to support future generation and family/relatives
500k – buy a house (preferably semi-dee), or buy a land and build a house.
400k – invest in commercial property
100k – invest in stocks
150k – get a car for wife. she has a thing for toyotas nowadays, so probably the altis or camry.
50k – send wife for around the world tour for few months. well, i'll try to join 🙂
85k – get a car.
15k – get some camera lenses and camera
20k – spend for parents and relatives
20k – get a home entertainment system
60k – settle housing loan
 
and now i'm tagging Then, Mahen, Amutha and Praveen.
Up to them to change the topic or continue with the same one!
 

By poobalan on August 14, 2007 · Posted in Personal

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5 Comments | Post Comment

mahendran says:

aaaha..tagged va LOL.

Posted on August 14th, 2007

tulipspeaks says:

🙂 will think n post on this one!

ammu.

Posted on August 14th, 2007

rani says:

Nice one poobalan!
rani.

Posted on August 15th, 2007

Loseni J. says:

I will set Tamil fund, where M’sian Tamil will
rely/use on study/surgery extra base on true need

MP: not really clear on what you mean.

Posted on August 20th, 2007

Loseni J. says:

Given I million: will deposit the money then with the interest will set a Tamil M’sian fund which will be used to support M,sian Tamil in
education/surgery.

MP: cool! great idea.

Posted on August 21st, 2007