What I Would Do With A Million Dollar$ Or More
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What I Would Do With A Million Dollar$ Or More

I have never owned a Million Dollars and the thought of acquiring such is a really entertaining thought. Many individuals often brag about what they would do if they were to find themselves in the comfortable possession of such a fantastic amount. To acquire, this amount is no small feat for many because it may involve a lot of external work and time. However, there are those who may not require any hard labor due to the fact that they already have a steady flow of income circulating in their lives, but the unlucky numbers has to engage in endeavors from the mental and physical department.

The first order of business I would undertake is to create a master plan as to how I will transform the money into a slave and enable it to serve me as its master, so that it will multiply in doubles, triples or as many profits as possible. This kind of financial jiggle calls for a team of, Professional Advisors, such as an Investment Banker, an Accountant, a Personal Private Banker, an Income Tax Specialist and a Real Estate attorney.

These wizards will be granted the task of mapping out a bulletproof financial plan and we will engage in discussion concerns; how much to spend on what and when, the amount to invest and the sum expected include the time frame. Alternatives include plan B and possibly a plan C. Should I invest in stock or bonds, currency trading, invest in gold and silver, purchase property and resell? This financial headache should be a piece of cake for guys of such material. However, if I am not comfortable with any of them, they will be replaced for another person with the same set of skills, since I will be working with persons of this nature for a long time after taken into consideration that my life has changed.

After going through the financial Razzle-dazzle or Mumbo jumbo, such as where to park the money once it as doubled, or tripled or turned into an enormous sum. Banks will be avoided at all cost since they do not always secure large lump sums of money; however, their investment channels will be utilized for future gains. Who can forget the failure of many banks that went under over the years and left their customers holding an empty bag, so a Brokerage Firm will be used since, if they were to suffer from failure or develop a financial sickness my money will be safe from creditors who may be after my securities?

Now I am all set to launch my magnificent plans as master of a Million Dollars, therefore, my next move would be to employ an International Incorporation Specialist that specializes in the design and implements of advanced asset protection and business structures and establish a Panama Foundation. A Panama Foundation is a structure between a Corporation and a Limited liability Company, that offers the best protection and Real Estate planning available, plus it is the ticket for those who wish to diversify aboard and protect their assets or savings. It is really the best bulletproof asset protection structure available.

The Panama Foundation will be used as a fortress of defense or shield from issues that plague business such as Government interference, taxation, lawsuits and more, next I will establish a Panama Corporation, however the Corporation will be subject to taxation but my main wealth remain under iron-clad proof protection by the Foundation. Remember my three ring circle of financial growth will still be in operation by my team of Financial Wizards while under the cover of the Foundation.

A hotel will be purchased through the umbrella of the Corporation then after a year or two of operation, another hotel will be sought using the assets of the first one as security for the loan to purchase the second. The corporation will focus on the acquiring and buyout of hotels; apartments include other Real Estate entries. (Although, no one can foresee the future, let us assume that all went well with the purchases). The Corporation will focus on creating wealth in the countries of Panama, Belize and Ecuador.

As my enormous war chest grew, a part of the profits will be channeled to the Panama Foundation, which is reinvested and later down the road I will launch the “Andrew M. Gooden’s Scholarship” to assist the needy students in Jamaica, include the Caribbean and Latin Americas, plus finance to help struggling Schools, Colleges and Universities, where ever in the world. Also provide contributions to Public Libraries and do much good for my fellow man.

Owning a Million Dollars may be a tall order or just a pipe dream, but as the good book says “All things are possible to he who believe”, include David the prophets that said “As man thinketh in his heart so is he”. Nothing is impossible in this world and all of man, past and present creation started with an idea and a dream. Therefore, you who wish to attain a Million Dollars or more should dream big and take action in order for the fulfillment or attainment.

I wish all dreamers prosperity and success. Cheers!


Street Talk

The dream will never die just the dreamer, so continue to dream big Juan. Cheers!

Reply
  about 6 years ago

I will join the dreamers Andrew, on my way to a million dollars...

Reply
  about 6 years ago
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