If you had $1,000,000 in cash, what would you do?

[Brian Turnbough]

I was discussing with a co-worker the other day and he asked me " If you had a million dollars cash, would you still buy real estate?"

What do you say?

[Dee M.]

Originally posted by @David Dachtera:

I'd invest for income and use the income to fund my deals.

Even in a joke savings account (or six or more to be FDIC insured) at 1% is still $10,000 a month in interest.

David J Dachtera

"Success is not a destination. Failure is not an event. Success is a process, failure is a choice."
- DJ Benedict

David, I may have mis-read your post but I think your math is a bit off, a 1% annual APY would not pay you 10K a month.  No bank in the USA is paying 12% APY, Russia maybe, but your funds vanish the next day.