the nobel prizes are annual international awards bestowed by scandinavian committees in recognition of cultural and scientific advances. they were established by the swedish chemist alfred nobel, the inventor of dynamite. the prizes in physics, chemistry, psychology or medicine, literature and peace efforts were first awarded in 1901. the sveriges riksbank prize in economic sciences in memory of nobel was instituted in 1968. although this is not technically a nobel prize, its announcements and presentations are made along with other prizes. each nobel prize is widely regarded as the most prestigious award in its field. each laureate is presented with a gold medal, a diploma and a sum of money which depends on the nobel foundation’s income that year. the prize cannot be awarded posthumously , nor may a prize be shared among more than three people.
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if i had a million dollars
when i was ten, a friend of mine asked me what i would do if i had a million dollars. i immediately said that i would buy the best computer and the coolest telephone and then travel the world and buy ice-cream for all my friends. now i have been asked this question again and i do not have a ready answer.
there is only one thing that i know for sure — i would give some part of the money to my parents and i would donate some other part to charity. as for the remaining money i am not so sure. older and wiser people say that it is silly to spend it and that the best decision is to either invest it in a business with a strong reputation or keep it in a bank account and earn interest. it is a sensible decision but some part of me disagrees.
i might seem a foolish person, but even after thinking it over i would like to use this money to be happy and to make other people happy now and not in some distant future. that is why i would spend the remaining money on travelling with my family or friends and on cool gadgets and clothes for me and my family.
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