Establish a university department of sexual experimentation for ages 18 - 28 year old, co-educational research laboratory. Video recording all experiments and research findings.
That would be enough for me to run away
Investing in bonds or shares of a profitable business.
Don't know if I'd buy much as I have most of what I want already. Maybe a yacht. I'd definitely retire.
Put it to very good use.
Travel the world until I drop dead.
Pay off my bills, invest the rest.
Find some way to have it make more money, then live on the money generated from it.
You'd really need to make much more? If you invested that into income producing investments with say a modest return of only 5% you'd be getting a quarter of a million a year? That's not enough to live on?
The value can go up or down, you may not get all you have invested. Which means someone else will most likely benefit.
Confused. What you are saying is exactly what I mean. I wouldn't stick it in an account and just withdraw when I wanted money. I wouldn't want to touch the base money. I would instead put it in something that pays out interest or whatever, then live on that interest. Let the money make my income money. Of course, that means I would have to get 5 million first, then I would need to find someone who can help me set up something to generate an income with it. Also, I would make sure that a certain amount of the interest or whatever goes back with the original 5 million so it also grows the base amount so the base amount will keep up with inflation, allowing the income payments to keep up with inflation.
Inflation is very low currently. Not something you need to be overly worried about.