ill buy jagex :lol:

Where I live, you can get about 22%/year interest rate from your bank for a decent amount of money. Taking off inflation it'd be about 11% profit/year :)

 

 

 

First I'd convert it to R$, it would be about 3mill.

 

I'd get myself a CDs collection, a great comp with dual monitors, and a good sound system, as well as a big TV and some random stuff. That would be R$50k tops.

 

I still don't need a car or a house for my own, so I'd just invest everything else in stocks I'd watch closely and on a bank account.

 

I'd go to the college with a nice amount of money, start some business and become a billionaire by the time I'm 29.

 

 

 

 

 

Ambitious. You seem to know what you talking about 8)

Well he must live in a very economically unstable country... Very very, 11% inflation and 22% interest rates are ridiculous.

 

 

 

And you don't just "start some businesses and become a billionaire" just like that. ÃÆââ¬Å¡Ãâã1mil these days is very little money if you go into business especially competing against the bigger companies... Things don't just happen as you want them too :wink: Especially with such a small investment as ÃÆââ¬Å¡Ãâã1mil.

Well he must live in a very economically unstable country... Very very, 11% inflation and 22% interest rates are ridiculous.

 

 

 

And you don't just "start some businesses and become a billionaire" just like that. ÃÆââ¬Å¡Ãâã1mil these days is very little money if you go into business especially competing against the bigger companies... Things don't just happen as you want them too :wink: Especially with such a small investment as ÃÆââ¬Å¡Ãâã1mil.

 

 

 

Brazil is no longer unstable. But it still has the biggest basic interest rates in the world. 22%/year is what you'd get in a good bank with a big amount of money.

 

A normal bank account will pay from 1% to 1.4%/month.

 

 

 

I was joking about the billionaire thing though :wink:

Well he must live in a very economically unstable country... Very very, 11% inflation and 22% interest rates are ridiculous.

 

 

 

And you don't just "start some businesses and become a billionaire" just like that. ÃÆââ¬Å¡Ãâã1mil these days is very little money if you go into business especially competing against the bigger companies... Things don't just happen as you want them too :wink: Especially with such a small investment as ÃÆââ¬Å¡Ãâã1mil.

 

 

 

Brazil is no longer unstable. But it still has the biggest basic interest rates in the world. 22%/year is what you'd get in a good bank with a big amount of money.

 

A normal bank account will pay from 1% to 1.4%/month.

 

 

 

I was joking about the billionaire thing though :wink:

Ahhh brazil. I couldn't figure out what country it was. I hadn't heard anywhere with an interest rate so high.

 

 

 

I guess a very quickly developing country can have very high inflation the same as a unstable one. I was expecting same hard to pronounce asian country. 8)

I didn't know we were developing quickly :o

 

Lol

Well he must live in a very economically unstable country... Very very, 11% inflation and 22% interest rates are ridiculous.

 

 

 

And you don't just "start some businesses and become a billionaire" just like that. ÃÆââ¬Å¡Ãâã1mil these days is very little money if you go into business especially competing against the bigger companies... Things don't just happen as you want them too :wink: Especially with such a small investment as ÃÆââ¬Å¡Ãâã1mil.

 

 

 

Brazil is no longer unstable. But it still has the biggest basic interest rates in the world. 22%/year is what you'd get in a good bank with a big amount of money.

 

A normal bank account will pay from 1% to 1.4%/month.

 

 

 

I was joking about the billionaire thing though :wink:

Ahhh brazil. I couldn't figure out what country it was. I hadn't heard anywhere with an interest rate so high.

 

 

 

I guess a very quickly developing country can have very high inflation the same as a unstable one. I was expecting same hard to pronounce asian country. 8)

 

 

 

Ah c'mon, China is not that hard to say.

Ah c'mon, China is not that hard to say.

 

 

 

Don't you dare calling me a chinese :P

I'd buy Hems̮̦̉̉ Fortress and i'd still have enough money to have the worlds biggest party there! :lol:

 

(Hems̮̦̉̉ Fortress is worth about 1.5 Million Dollars)

If I had ÃÆââ¬Å¡Ãâã1,000,000, I would convert it into US Dollars first since I can't use Brittish pounds in the US. :oops: Will bank most of it and use the rest to help pay off the university fees for myself and my siblings. I might spend a bit to go to China to travel a bit as I rarely get a chance to go back to see the homeland of my ancestors. :)

I would hire Mr. T to be my personal trainer and invest the rest.