American Dream Of Becoming A Millionaire

Everyone dreams of becoming a millionaire, it is after all, part of the American dream, but what if that dream became a reality? I know exactly what I would do. Ten million dollars is a significant amount of money that could turn one’s life around if they managed it properly. Of course, it would be hard not to go out and splurge on something crazy like a boat, a corvette, or a trip to Fiji. I would not do any of the previous things. If I won ten million dollars, I would immediately pay off my debt, make smart investments, and donate to charity. I would take that money and change my life and hopefully be a part of changing others, too. Imagining that I receive a call, saying, “Ms. Sewell, you have just won ten million dollars, it will be deposited into your bank account momentarily”, I would head straight to Planters First Bank in Hawkinsville, GA and give them $120,000 to pay off my mortgage. What a fantastic feeling that would be!

Ten million dollars is a great deal of money, but it is most definitely not enough to last a lifetime. I think the smartest thing to do would be make some serious investments. One of the first investments I would make is into a retirement account, such as a Roth IRA. I would also put $1,000,000 into a trust fund for my son, Jett. Then I would go to my Edward Jones advisor and weigh out my options on which stock options to buy. With, the guidance of an advisor, I would invest in stock, in all three categories of risk, low, moderate, and aggressive. Finally, I would purchase land. I live in an agriculture community and I see the benefits of owning land every day. I would more than likely install pecan trees on my land. Pecan trees are low maintenance, relatively cheap to grow, and almost always make a great crop that brings big money. Hopefully by taking these steps, my money would grow and I could live comfortably for the rest of my