If I had a million dollars If I had a million dollars, I would first split it into three parts: 30% in savings, 50% in investing, and 20% in chequing. That means I would be putting $300,000 in savings, $500,000 in investing, and $200,000 in chequing. By saving, I mean actual savings, I will put my money in a secure bank and won’t ever touch it unless it is an emergency. With the 500,000 dollars I will invest it in just real estate. With 500,000 dollars you can buy a small, but convenient house in Burnaby. I will rent it out as passive income, for about 1000 dollars a month, and sell it after the price of land goes up. I know 1000 dollars a month is quite a lot of rent, but in British Colombia, I think it’s reasonable. At this rate, I will be…