If you had 120,000 in the bank. | TigerDroppings.com

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Drew Orleans
LSU Fan
Member since Mar 2010
18632 posts

If you had 120,000 in the bank.


You're 25, wife is 24. Both working. Zero debt other than a house note.

What would you invest it in?




This post was edited on 6/3 at 4:36 pm



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Lsut81
USA Fan
Member since Jun 2005
63130 posts

re: If you had 120,000 in the bank.


quote:

What would you invest it in?


Beanie Babies






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Drew Orleans
LSU Fan
Member since Mar 2010
18632 posts

re: If you had 120,000 in the bank.


I posted here instead of the OT for a reason...





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yellowfin
Illinois Fan
Coastal Bar
Member since May 2006
67540 posts

re: If you had 120,000 in the bank.


quote:

If you had 120,000 in the bank.



I'd want to know where all my money went






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Cmlsu5618
McNeese State Fan
Destin, FL
Member since Sep 2010
2183 posts

re: If you had 120,000 in the bank.


My personal MBA?





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c on z
LSU Fan
Baton Rouge, La.
Member since Mar 2009
62699 posts

re: If you had 120,000 in the bank.


Buy some land?





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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80159 posts

re: If you had 120,000 in the bank.


If this is for long term investment, I'd put 1/4 of it into an S&P 500 index fund every other month until it is all invested. And I'd reinvest the dividends.





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Drew Orleans
LSU Fan
Member since Mar 2010
18632 posts

re: If you had 120,000 in the bank.


I'm 25 dude.





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Drew Orleans
LSU Fan
Member since Mar 2010
18632 posts

re: If you had 120,000 in the bank.


Why not all at once?

Don't do Dow since it's so high?

Considering using a good chunk of it as 20% down on the eventual house and start renting out my current place...






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Lsut81
USA Fan
Member since Jun 2005
63130 posts

re: If you had 120,000 in the bank.


quote:

Why not all at once?


I'm guessing he is dollar cost averaging


Russians a pro, I'm a goon, so I'm probably wrong.






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Golfer
LSU Fan
Coral Bay, St. John, USVI
Member since Nov 2005
56059 posts
 Online 

re: If you had 120,000 in the bank.


A. frick You

B. I don't know...talk to me when I'm 35 and I'll be in that situation






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Vols&Shaft83
Tennessee Fan
Member since Dec 2012
11860 posts

re: If you had 120,000 in the bank.


quote:

Don't do Dow since it's so high?


Don't do DOW because it's only 30 stocks, the S&P is 500 stocks.







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Drew Orleans
LSU Fan
Member since Mar 2010
18632 posts

re: If you had 120,000 in the bank.








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TheLankiestLawyer
Member since Jun 2013
1803 posts

re: If you had 120,000 in the bank.


Half into what Russian said and the other half into paying down existing debt or the down payment on the new house.





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Drew Orleans
LSU Fan
Member since Mar 2010
18632 posts

re: If you had 120,000 in the bank.


No existing debt other than the house note. Not paying that off any quicker than 15 years. Doesn't make a ton of sense.





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yellowfin
Illinois Fan
Coastal Bar
Member since May 2006
67540 posts

re: If you had 120,000 in the bank.


It was a joke

Eta: dude



This post was edited on 6/3 at 5:16 pm


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LSUwag
LSU Fan
St Augustine Beach
Member since Jan 2007
6390 posts

re: If you had 120,000 in the bank.


Hookers and blow.





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ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
2043 posts

re: If you had 120,000 in the bank.


miami heat moneyline tonight you'll win $40K then put the $160k in bitcoins and wait for the article from the other day to come true

$80,000 per bitcoin

bitcoins are $122 per bitcoin today so your 1300 bitcoins will be worth $105,000,000

Thank me later man






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Drew Orleans
LSU Fan
Member since Mar 2010
18632 posts

re: If you had 120,000 in the bank.


Well that's a hell of a plan?

What's the deal with the price of the bitcoin? farce piece?






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Vols&Shaft83
Tennessee Fan
Member since Dec 2012
11860 posts

re: If you had 120,000 in the bank.


quote:

What's the deal with the price of the bitcoin? farce piece?









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