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Started By
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If you had 500K cash...what would you do with it?
Posted on 3/21/24 at 9:22 am
Posted on 3/21/24 at 9:22 am
But don't want to quit your day job to actively manage something full time like a business that requires you to be there...
Stocks? CD's? Real Estate? A business (that can be run without being there day to day)?
What say the OT?
Stocks? CD's? Real Estate? A business (that can be run without being there day to day)?
What say the OT?
53
Posted on 3/21/24 at 9:23 am to sidewalkside
S&p 500 index and forget about it
Posted on 3/21/24 at 9:23 am to sidewalkside
hookers and blow
Posted on 3/21/24 at 9:23 am to sidewalkside
Everybody’s different. Me? I’d pay off the house and put the rest in an IRA.
Posted on 3/21/24 at 9:24 am to danilo
Say "retirement age" is 30 years away
Posted on 3/21/24 at 9:24 am to sidewalkside
Donate $50k to charity
Invest the rest.
Invest the rest.
Posted on 3/21/24 at 9:24 am to sidewalkside
Posted on 3/21/24 at 9:24 am to sidewalkside
A whole bunch of PAWGs
Posted on 3/21/24 at 9:26 am to sidewalkside
I’d pay off my house and then reinvest the remainder into kids college funds.
Posted on 3/21/24 at 9:26 am to sidewalkside
Pay off everything and build a house on my land.
Posted on 3/21/24 at 9:28 am to sidewalkside
Posted on 3/21/24 at 9:29 am to sidewalkside
Your mom
Posted on 3/21/24 at 9:29 am to sidewalkside
Pay off a little debt I have and invest the rest in a good meme farm.
Posted on 3/21/24 at 9:29 am to sidewalkside
First, I'd take that special someone out to lunch in New Orleans. And then I'd pay off the remainder of my mortgage and invest the rest in a quality rental property that would be suitable to retire in.
Posted on 3/21/24 at 9:29 am to bad93ex
Probably ask the money board, if you need a serious answer that does not involve hookers and blow.
Posted on 3/21/24 at 9:30 am to sidewalkside
VTSAX and chill
Posted on 3/21/24 at 9:30 am to sidewalkside
Spend the first $150K on frivolous things immediately...
...because, as I understand it..."I need about tree-fiddy".
...because, as I understand it..."I need about tree-fiddy".
Posted on 3/21/24 at 9:35 am to sidewalkside
Invest. Either stocks or rental properties depending on how much time you want to put towards the investment.
Posted on 3/21/24 at 9:38 am to sidewalkside
I would buy the 20 acres that I have been dreaming about for years.
It’s kinda rolling hill savannah type property with native grasses and live oaks and cedars. It has a 2.5 acre pond. It’s gorgeous.
The last time I approached the owner, he wanted $300k. A bit steep for my desire to also build a house on it.
So I would take the cash and buy the property and then use the remaining cash and the equity in my current home to build a new house.
I would then live my rest of my days debt free on my dream property (within reason dream property).
It’s kinda rolling hill savannah type property with native grasses and live oaks and cedars. It has a 2.5 acre pond. It’s gorgeous.
The last time I approached the owner, he wanted $300k. A bit steep for my desire to also build a house on it.
So I would take the cash and buy the property and then use the remaining cash and the equity in my current home to build a new house.
I would then live my rest of my days debt free on my dream property (within reason dream property).
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