If you had the money?

[ricekage]

ill buy jagex :lol:

[cjlhdevil]

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.

[apinagez]

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:

[cjlhdevil]

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)

[apinagez]

I didn't know we were developing quickly :o

 

Lol

[Bubsa]

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.

[apinagez]

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

 

 

 

Don't you dare calling me a chinese :P

[sebbeberg]

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)

[ForsakenMage]

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. :)

[CoRnMaN]

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