- AlternateRoute ( @AlternateRoute@lemmy.ca ) English35•12 days ago
1 million dollars doesn’t go that far these days, at the world scale it is almost nothing.
You could however make a lasting difference in your community by making a scholarship, building needed facilities, or doing something else where you directly make sure the funds go where needed and can’t be used for other uses. Lets face it, if you give it to some charities 90% of it will just go to the administration.
- tetris11 ( @tetris11@lemmy.ml ) 4•10 days ago
One of the things that I’ve seen is that politicians can be bribed for shockingly little money. I think with a 1million dollars you could bribe one high member of congress, or 10-20 low-level politicians.
- 10_0 ( @10_0@lemmy.ml ) 1•11 days ago
“1 million dollars doesn’t go that far” depends on what you use it for. Donating it all in one go will not take it far. Investing it in an education for climate science (or paying for some to do climate science) will take it further as you’ll have some leftover to make more of an impact. Also isn’t admin apart of the cost of being a charity org?
- Didros ( @Didros@beehaw.org ) 15•12 days ago
Hire as many hitmen as I can to kill the wealthiest people. But we would have to keep doing it, and it wouldn’t dissuade anyone from hording money…so?
- Vanth ( @Vanth@reddthat.com ) English6•12 days ago
Put 3/4 on the hit and 1/4 betting on the stock market reaction only you know is coming. Profit. Repeat.
- mke_geek ( @mke_geek@lemm.ee ) 3•12 days ago
So you’d choose senseless violence. Good thing you’re not getting any money.
- PolandIsAStateOfMind ( @PolandIsAStateOfMind@lemmy.ml ) 2•11 days ago
I doubt professional hitmen would go after the real fat porkys for just a million.
- Dave ( @Dave@lemmy.nz ) 1•12 days ago
Well, every time assets get split between their 3 kids, you reduce the assets accumulated in one couple.
- otter ( @otter@lemmy.dbzer0.com ) English6•12 days ago
Guillotines with “Heroes Work Here” signs atop them.
- CeruleanRuin ( @CeruleanRuin@lemmings.world ) English6•11 days ago
Give it to me.
- LalSalaamComrade ( @velox_vulnus@lemmy.ml ) 5•12 days ago
One million dollars can’t do jack shit to “fix” this world. It’s like telling the doctor to put an adhesive bandage over a third-degree burn.
- Joshi ( @Joshi@aussie.zone ) 5•12 days ago
I have an idee fixe that I could set up a non profit that bought homes and rented them at a price somewhere between the maintenance cost and the market price. It would make a profit and slowly expand providing more and more affordable housing. Ideally it would start with more than 1 million but doesn’t need to.
- mke_geek ( @mke_geek@lemm.ee ) 1•12 days ago
If you rent at cost or even a little over you’ll go broke. People won’t pay their rent and trash the places. Non-profits are finding out that they can’t even support what they’re trying to do with housing because the actual costs are more than what you think are “at cost”.
- 10_0 ( @10_0@lemmy.ml ) 4•11 days ago
Give to a charity. Get an education that persues ecology or climate science. Fund someone doing ecology or climate science. Ignore the money and find a group planting trees. Plant trees. Plant trees. Plant trees. Plant.trees
- lemming934 ( @lemming934@lemmy.sdf.org ) 2•7 days ago
I’m generally against the idea of planting as many trees as possible.
Trees are not very good carbon sinks because they decompose and burn. Also, there are also some ecological communities where adding trees makes the land a worse carbon sink.
Avoiding cutting down forests to build suburbs is something I can certainly get behind though.
- 10_0 ( @10_0@lemmy.ml ) 2•7 days ago
Fair, but I think that the economic benefits of growing more wood is a big factor, I’m in the UK so planting trees is OK basically anywhere. I think kelp forests are also a good option, not sure about any other benefits outside of using green house gases.
- Churbleyimyam ( @Churbleyimyam@lemm.ee ) 4•12 days ago
I think spending all of it on feeding people who are starving. You could keep a lot of people alive on a million, even if it was just for long enough to give them a second chance on their own. And even if that second chance failed, then at least all of the goodness of those people would have more time to be in the world.
- Hexadecimalkink ( @Hexadecimalkink@lemmy.ml ) 3•12 days ago
Set up a trust to invest the money, from the compounding returns, use a sustainable portion of the dividends to fund a cause you believe will help change the world. Be very explicit to the trust managers as to the long term instructions of the trust.
With compound market returns the million dollars could be worth $40 million in 50 years and would be distributing af a sustainable 3% dividend, 1.2 million a year to a cause you believe in.
- juliorapido ( @juliorapido@discuss.tchncs.de ) 3•12 days ago
Free education
- bionicjoey ( @bionicjoey@lemmy.ca ) 4•12 days ago
For like 5 people?
Then I suppose the question is reduced to how one should select the 5 people! :)
- bionicjoey ( @bionicjoey@lemmy.ca ) 3•12 days ago
Trial by combat
To the victor goes the scholarship.
- juliorapido ( @juliorapido@discuss.tchncs.de ) 1•12 days ago
Anything better than 0
- TheOubliette ( @TheOubliette@lemmy.ml ) 3•11 days ago
Straight to Maoist guerillas in The Philippines.
- davel [he/him] ( @davel@lemmy.ml ) English1•10 days ago
Reporter: [REDACTED]
Reason: Breaks Community Rules60% of the time it works every time 😂
- TheOubliette ( @TheOubliette@lemmy.ml ) 1•10 days ago
lmao
- Angel Mountain ( @angelmountain@feddit.nl ) 2•12 days ago
According to Rutger Bregman: just give it away to people who don’t have it.
- blackstrat ( @blackstrat@lemmy.fwgx.uk ) 1•12 days ago
You might be able to buy some land, build a playground and maintain it for a few years in a deprived neighbourhood. If you have money left over, do it again somewhere else.
- Hanrahan ( @hanrahan@slrpnk.net ) English1•12 days ago
Burn it.
- Remy Rose ( @MxRemy@piefed.social ) English1•11 days ago
Start the largest non-equity housing co-op that money can buy.