Most of us will never be faced with the problem of having to spend a million dollars on just one item, but it would be a nice problem to have. Having a million dollars is still considered to be a sign of success in our society and the million dollar mark is what many of us hope to achieve. Some people work their whole lives and are never able to save up or invest enough money to have a million dollars.
Many millionaires will tell you that their first million was the hardest for them to make. From there, things get much easier and investments work harder if you have a lot of money to put into them. So what would you do if for some reason you found yourself with $1 million to spend and you needed to do so all at once? You could surely blow through the money in a place like Las Vegas, but there are some things you could spend that amount of money on that may retain their value over time. Here is a look at 10 things you could buy for $1 million.
Traveling in Style
Cessna Sky Catcher Aircraft – This airplane will set you back about $1 million and you can use it to go buy the other things on this list. You will also need to have tens of thousands of dollars available to fuel, service, and insure the aircraft.
Pagani Huayra – You could use your million to buy one of the most expensive supercars available. This Italian car has a powerful engine with 700 horsepower and only a limited number have been made. The Huayra was named "The Hypercar of the Year 2012" by Top Gear magazine and was used in the movie Transformers: Age of Extinction.
Big Bang Watch by Hublot – The Big Bang chronograph watch looks amazing, but I would be afraid to actually wear it. This Hublot timepiece features hundreds of diamonds and will even let you know what time it is.
GinzaTanka Platinum Purse – If you need to make up with your wife, the GinzaTanka million dollar purse might do the trick. This bag is studded with over 2,000 diamonds and can actually go for as much as $1.6 million!
Around the House
An Apartment in New York City – You might think your rent is too high, but an apartment in the city will set you back a cool million. This much money can get you nice views of the Statue of Liberty, the Hudson River, or of downtown Manhattan.
Jeune Femme a L'Ombrelle Painting – You might know this painting as the "lady with the umbrella." It was painted by impressionist Auguste Renoir in 1868, and you could even justify this purchase as an investment for the future.
Baldi-Harrods Bathtub – This bathtub would be the perfect addition to a bathroom in a multimillion dollar mansion. This amazing tub uses a rock crystal imported from the Amazon forest. The Italian design company Baldi needed six months to design this incredible piece.
Luvaglio Laptop – This ultra-premium laptop combines luxury with technology. It has a diamond encrusted power button and anti-reflective coating. If you have a million dollars to spend on this laptop, it can help you manage the rest of your money as well.
A Bottle of Mendis Coconut Brandy – You may have spent a lot of money on alcohol in your lifetime, but this bottle alone goes for a cool million. Mendis is the world's first clear premium brandy. When you buy this bottle, you actually get a luxury trip included with it and personal security will help you protect your purchase.
DKNY Perfume – This perfume will literally help you smell like a million bucks. The bottle contains almost 3,000 precious stones from all over the world which includes a four carat Pear-Shape Rose Cut Diamond, a seven carat cabochon sapphire from Sri Lanka, and Australian Vivid Pink Diamonds!
Which of these items would you choose if you had $1 million to spend on only one thing?