SEVENP U B L I S H I N G

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HOW TO SPEND YOURFIRST MILLION DOLLARS

PENNY POT PROFITS

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HOW TO SPEND YOUR FIRST MILLION DOLLARS

By becoming a Penny Pot Profits member, you immediately elevated yourself to an entirely different league of investor. Your gains will hit much faster and more regularly than the stock market usually allows. As your gains continue to roll in, however, it’s time to think about your future.

That is, what you plan to do when you book your first million.

Sure, you could always stash your gains in a retirement account. Or take your family on a vacation of their dreams. But where’s the fun in that?!

If you’re looking for an extravagant way to treat yourself — look no further!

We’ve compiled a list of 19 ways you can burn through that hard-earned cash in no time.

Some items on this list are fulfilling, and some are lucrative — but most are downright irresponsible!

Treat yourself…

#1 Splurge on Your Dream RideDepending on what your dream car was when you were younger, this can be a great place to drop a ton of your new- found wealth — even if the car wasn’t considered exotic or expensive at the time. If you liked the Plymouth Hemi Cuda and you want one in original condition, get ready to plunk down over $2 million! But for someone with less flashy and more nostalgic taste, a beauty like the Oldsmobile 442 convertible is a bit more attainable. And one of those can be had in near-showroom condition for $38,000. Looking for something a bit more dangerous? Explore your adventurous side with the Ecosse Moto Works Titanium Series FE Ti XX. This exquisite motorcycle is listed at $300,000 and is a true piece of art.

#2 Buy a Constant Money DrainInstead of settling on a one-time purchase, why not choose something that gets more expensive as you own it? In other words, get a boat! Our Wall Street Daily headquarters are on the Chesapeake Bay — home to some of the best sailing in the world. And the Island Packet 525 will make you the boss of the bay! This gorgeous vessel is equipped to go around the world — and it only costs $700,000 upfront. But don’t forget the ongoing expenses that make owning a boat more like having a baby.

#3 Customize Your Own Wine CellarWhat could be better than retiring after dinner to your own custom wine cellar — fully stocked with some of the world’s best wines? Building a basic cellar to house 1,000 bottles can set you back as little as $10,000 — to as much as $38,000. But really, the sky is the limit, depending on the space and the quality of wines used to fill it. To have ultimate bragging rights, you could splurge on a very special 1787 Château Lafite once owned by Thomas Jefferson. This special Bordeaux is currently owned by the Forbes Collection in New York and last sold at auction for $160,000.

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#4 Explore the AmazonRainforests are home to myth, legend and intrigue. Did you know that 10% of the world’s animal species live in the Amazon alone? To begin your venture, we suggest a luxury retreat in the Peruvian Amazon. And when you’re dealing with the unknown, best to hire some experts to guide you. A week’s adventure with Aqua Expeditions will set you back about $8,000 per person.

#5 Buy a CongressmanBeing rich is one thing. But imagine being able to steer the entire economy! Whether you want the feds to pave the roads to your vacation home or you just want an edge getting your kid into West Point — having a congressman in your back pocket can be useful. Granted, you can only donate so much directly to the office-holder. But any congressman building a true powerbase will have need of additional funding possibilities. Just ask where to send the check. And of course, there are various PACs and super PACs to fund. Budget about $250,000 per year if you really want to dig your feet in.

#6 Make Your Kitchen Top of the LineWith a million dollars to spare, simply purchasing a beautiful new home is always an option. But if you’re not ready to move, giving yourself a high-end kitchen is an excellent starting point. For an elegant and exclusive range, look to La Cornue. The company’s stunning stovetop and oven combos elicit fantasies of Tuscany and chef-quality homemade meals. It will set you back $9,000–53,000, depending on the size and custom details you opt for. If you prefer something more modern and sleek, Sub-Zero and Wolf make stunning stainless steel options that might speak to you. These options start at $16,000.

#7 Master Your Kitchen Like a Sous-ChefNow that you’ve upgraded the heart of your home with top-of-the-line appliances fit for any home chef, it’s time to order yourself a coveted Bob Kramer hand-crafted knife. Esquire calls his handiwork “some of the most exquisite kitchen tools ever made.” At $200–500 per inch, these blades don’t come cheap. But with a knife specially made just for you, you won’t miss a few thousand dollars every time you effortlessly cut into a piece of meat.

#8 Travel in the Lap of LuxuryForget long waits and often invasive screenings with the TSA. Now you can travel the world in a private charter with exotic stops in the Easter Islands, French Polynesia and the Artic. Simply board a luxurious jet appointed with hand- made leather seats and a crew trained to cater to your every whim. During your stops around the world, you may sip a beverage atop a volcano or enjoy a museum closed to the public. This exclusive journey will set you back a cool $129,000 per person.

#9 Tee Off in the Scottish HighlandsPack your clubs and board the Belmond Royal Scotsman luxury train. This truly once-in-a-lifetime experience takes you through some of Scotland’s most stunning scenery — all while enjoying the timeless elegance of trave-ling by train. During the four days aboard, guests can sip afternoon tea, select a fine wine or escape to the spa car. But what makes this truly unique is the chance to play golf with legend Sam Torrance at two of Scotland’s finest golf courses. The cost for this experience comes in at just over $15,000 per couple.

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#10 Bolster Your Art CollectionAll beautiful homes have one thing in common: exquisite art. No matter your taste — be it modern sculptures or classic Renaissance pieces — there’s something out there that speaks to each of us. Before you begin your search for the perfect pieces to complement your home, you must first establish your tastes and preferences. Then, you’ll need to make a few connections. Finally, Forbes recommends checking out pre-season auctions and never shying away from the most highly regarded galleries and dealers. Most art worth boasting about comes with a price tag of anywhere from $1,500–20,000. So bring your checkbook and get collecting!

#11 Get Your Name on the Forbes 400One way to ensure that you always feel rich is to get your name listed amongst the elites of the Forbes 400. But the only way to make that happen is to make more money! And to do that, you’ll need to keep investing. Lucky for you, you’re now an Penny Pot Profits member. So you’ve one-upped most investors already.

#12 Your Own Personal AssistantForbes argues that a personal assistant should be every entrepreneur’s first hire. For around $15 per hour, you could hire your very own assistant/butler/chauffer to cater to your every whim. Need some statistics on your stock portfolio or your fantasy football team? Or maybe just a ride to the airport or a cocktail by the pool? This would only set you back around $50,000 for an assistant working 10 hours a day.

#13 Reach for the TopNow you’ve made your fortune and you’re on top of the world… So why not actually be on top of the world? The Burj Khalifa is the world’s tallest building, and it’s right in the heart of Dubai. Towering at 2,722 feet, a tour of this skyscraper is merely $130 per person, but getting to Dubai will set you back significantly more.

#14 Sleep Like a KingIf Donald Trump has taught us anything, it’s that extravagance starts in the home. With a million dollars under your belt, it’s time to upgrade some of your most important in-home details. Luxury mattress-maker Kluft prides itself on using the finest natural materials curated from all over the world. The handcrafted detail combined with the company’s own patented construction virtually guarantees a perfect night’s sleep. This made-in-America product is sold exclusively at Bloomingdale’s for over $40,000.

#15 Patek Philippe Swiss TimepieceThis Geneva watchmaker has been crafting the finest watches known to man since 1839. Patek Philippe watches are known for having their own movements manufactured in-house by the company’s sharp-eyed craftsmen. Since the watches are only made in small batches, they’re coveted by collectors. A new Patek Philippe watch will cost you anywhere between $9,600 and $61,446 and up and up... But vintage watches can easily run into the millions — making this an investment piece akin to fine art.

#16 Partake in the Sport of KingsEnjoy the Kentucky Derby while cheering on your very own racehorse. A top-level racehorse will set you back about $60,000 a year once you factor in housing, feeding, training, vet bills, taxes and insurance. But the chance to win the Triple Crown could be priceless.

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#17 The Ultimate Super Bowl ExperienceMoney can certainly open some doors. So why not use it for the ultimate football fan experience? Sure, you could see the big game sardined in regular seats among the masses. But now you have the means to really enjoy the game from the comfort of your own luxury suite. There you’ll enjoy high-definition TVs, catering, private restrooms and a suite attendant to make sure you get the most out of your day. Suites can run from $120,000 for a 10-person shared suite to as high as $325,000 for a private suite for you and 26 guests.

#18 Atlantis AwaitsNothing says “I’ve made it” like staying at exotic locations. We suggested a quiet retreat beneath the sea. The Atlantis hotel in Dubai features underwater suites where you can sleep next to marine life. The Neptune and Poseidon rooms cost roughly $5,000 per night.

#19 Give BackOne of the nicest luxuries that comes with a life of comfort is the ability to give generously to causes close to your heart. For those who don’t have the time or physical ability to actively participate in a special cause, monetary donations can provide a great sense of satisfaction. If you need help deciding how to meet your philanthropic goals, a step-by-step guide is a good place to start. And a visit to Charity Watch would be prudent to ensure your dollars are used wisely. Just don’t forget that tax write-off!

Copyright by Seven Figure Publishing a division of Agora Financial, LLC. 1117 St. Paul Street, Baltimore, MD 21201. All rights reserved. No part of this report may be reproduced by any means or for any reason without the consent of the publisher. The information contained herein is obtained from sources believed to be reliable; however, its accuracy cannot be guaranteed.