I don't know that any of this is going to creative or smart or that different from what everyone else is saying... but anyway...

Most of it is going to into diversified savings and investments, while I think more about what I want to do with it. In the coming year, there probably are going to good deals to be had on property and some stocks that are going to be great investments that you can pick up at bargain prices. But I wouldn't do any of that just yet, as prices are going to fall further.

Some of it is probably going to go into a boring old pension fund, because there are holes there that need to be filled.

Also, I want to keep a fair slice of the money reasonably liquid as I may want to invest it in some ventures of my own.

But if I've suddenly come into a $1m tax free, I definitely have to do a little celebrating as well, and sharing the good fortune.

So I think I might treat my parents, my sisters and their families (my brothers-in-law, nieces and nephews) to a grand adventure. Maybe it'd be Disneyland to thrill the nieces, or an African safari that I know my dad would love.

And I guess just a little would go on a few tech toys that I can't really justify, but would be fun.

But the vast majority of the million would go into investments of one kind or another, and I'd breathe a big sigh of relief at the extra security and freedom that would bring.

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