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

August 14th, 2007 by poobalan | View blog reactions Leave a reply »
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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!
 
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5 comments

  1. mahendran says:

    aaaha..tagged va LOL.

  2. tulipspeaks says:

    🙂 will think n post on this one!

    ammu.

  3. rani says:

    Nice one poobalan!
    rani.

  4. 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.

  5. 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.