Someone finally claimed the P741 million lottery prize (about $17 million at today's exchange rate) the other day, but that hasn't stopped me from fantasizing about what I'd do with the money.
1. Hire a financial adviser. You don't stay at this job a year and learn nothing, and while I still have a lot to learn about investing, if I had the money now, I'd go first to someone who knew how to grow it. I'd ask for short-term investments to give me some kind of regular income and long-term stuff for security. If they do their job right, I should be able to afford everything else on this list in time.
2. Anonymously pay off the debts of people I care about. In my fantasy, it plays out like this: they're at their house or place of work when someone from the investment bank shows up to have a talk with them. The rep explains that someone knows how much trouble they're going through and would like to offer them a fresh start. The moment they say yes, they will be debt-free. They will also be given a choice between among a business franchise to keep them financially independent, a retirement fund to which they can look forward, or a lump sum with which they can do anything they want. From then on, of course, they're on their own.
3. Fulfill a few wishes for my immediate family. You know, things like pay for my brother's wedding, take my grandmother on a trip around the world while she's still young, and buy my dad his Pinzgauer.
4. A scholarship foundation for deserving kids from my home region.
5. Funding for marine science schools and research bases.
6. Investments in eco-tourism programs for my home region.
7. Investments in Metro Manila's public trains and a real bus rapid transit system.
8. A foundation for indigent families in need of healthcare.
9. Martin's master's degree.
10. A nice house and a new computer.
That's all--for now.