[Vivienne]

On brekkie on Saturday, Nihal was asking listeners what they would do if they actually won £1m.

Nihal would like to buy himself a herd of Highland cows with some of the money!!!!!!

What would you do? Would you re-invest? Treat your family/friends? Spend it all on yourself?

[pjordan2000]

I would invest about £900,000 so i could gain interest and use the rest for myself, family, etc as i would with the interest too.

[Ezza]

i dunno what i'd do. go on a big spending spree and then save the rest i think.

now i've just remebered how little money i have...

[pjordan2000]

It's horrible when that happens ain't it?

[Boboff]

Pay off the Mortgage, put in a new drive, learn to fly, go on Holiday to the Carribean, (sp?~) Land Rover Discovery each for me and Mrs Boboff, Tractor and Tipping trailer, JCB and Quad bike for me, large Motor home for all the family and friends to share, three x two Bed houses to rent out, Full ISA and premium bond investments, 100k in the Post Office and £10k on new furniture and Carpets, A car for my Brother and Sister, and £26.99 on a case of Shiraz.

Done !

[Ezza]

It's horrible when that happens ain't it?

indeed it is

[Yudster]

Pay off the Mortgage, put in a new drive, learn to fly, go on Holiday to the Carribean, (sp?~) Land Rover Discovery each for me and Mrs Boboff, Tractor and Tipping trailer, JCB and Quad bike for me, large Motor home for all the family and friends to share, three x two Bed houses to rent out, Full ISA and premium bond investments, 100k in the Post Office and £10k on new furniture and Carpets, A car for my Brother and Sister, and £26.99 on a case of Shiraz.

Done !

Is a million going to be enough for all that?!

[foot-loose]

I would put a pound on the lottery.

Although i might need to get someone else to do it, cos the lottery looks a lot more confusing from when i remember it.

[Andy B]

I'd get my butler to add it to my other millions and go back to playing golf in Dubai.

[MK Chris]

I'd get a nice house, then I won't have a mortgage. I'd pay my mum's and my dad's mortgages and Mrs Topher's parents' mortgages off (all of which aren't huge because they bought a while ago) and buy a nice car. I'd also get a holiday home somewhere nice, maybe in Canada.

[Andy B]

Why pay a mortgage off, the cost of it effectively decreases to next to nothing over the course of 25 years anyway.

Keep the money spend it on other things you'd actually enjoy insted. As my mum said, you could pay off your mortgage and get killed by a bus next week so enjoy what you've got when you've got it.

[MK Chris]

If you pay the mortgage off, you then have more money to spend on things you enjoy.

[Andy B]

No you don't, if you have £1,000,000 and your mortgage is £250,000 then if you pay it off you've only got £750,000 (minus legal fees early closuer etc...) if you don't pay it off you've still got £1,000,000 to spend.

That's maths that is!

[MK Chris]

But you're paying a hell of a lot more in the long run, with interest.

[Andy B]

Yeah but the repayements don't change if you're on a fixed mortgae so by the time you're nearing the end the repayments amount to nothing with inflation and pay rises and everything else.

Plus why spend it on boring stuff when it's more fun to spend it on big things like cars and boats and holidays and sweets.

[MK Chris]

I don't understand it very well. I'd just pay it and be done with it.

[Andy B]

It's all dependant on the size of the mortgage and the type of mortgage you have but appaprently but in most cases you would be better off not to clear it.

It's one of those problems that seems right in your head but doesn't stand up to a mathematical approach apprarently.

[MK Chris]

Plus, I'd absolutely love to cut out estate agents... just knock on someone's door and offer them the money and cut out the scum in the middle.

[foot-loose]

can you imagine actually spending a million quid on sweets?

Thats a lot of maltesers. (maltesers - vastly underrated!)

[Andy B]

I know a shop that still sells 10p bags of crisps. That'd be 10,000,000 bags of crisps

My maths is on a roll tonight!

[Sistermoon]

You could put aside what you owe on the mortgage, in a high interest account, and then keep making monthly payments. According to my Dad, you would be better of that way?!

We often talk about this on car journeys, better than politics! But, we talk about multi-millions, like in the lottery. So we would build a new community theater, I would finish this house, then probably buy some land and build our dream house. I would also take a nice long warm holiday And have plenty to send the kids to college, nice.

Shame it will probably never happen!

[foot-loose]

I know a shop that still sells 10p bags of crisps. That'd be 10,000,000 bags of crisps

My maths is on a roll tonight!

Crisps IN a roll is a better idea.

Jamie Oliver does a recipe for a crisp roll as well. True story.

[S4B]

I feel "True Story" may go the same way as "Fact", it's equally annoying and I'm irritable tonight.

A million pounds? I don't think I could be trusted with that kind of money!

[MK Chris]

Plus, I'd absolutely love to cut out estate agents... just knock on someone's door and offer them the money and cut out the scum in the middle.

I feel no one has picked up on the fact this was a good point.

Thanks.

[foot-loose]

Plus, I'd absolutely love to cut out estate agents... just knock on someone's door and offer them the money and cut out the scum in the middle.

Thats a cracking point topher.

Almost as good as my one about maltesers being underrated that noone seems to have picked up on yet!