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Message
Posted on 5/3/21 at 7:33 am to NPComb
quote:Not if it is a gift.
Start by giving 40% to IRS
Posted on 5/3/21 at 7:35 am to LSUFreek
Keep about $10K for immediate needs, put another $20K or so into my Vanguard money market account, maybe another $5K in my savings account, and invest the rest. Probably would go ahead and bite the bullet on getting a house as well.
This post was edited on 5/3/21 at 7:36 am
Posted on 5/3/21 at 7:37 am to LSUFreek
Take a trip to Gruhn Guitars, Nashville
Posted on 5/3/21 at 7:47 am to LSUFreek
Pay off the little debt I have, and then save the rest, and retire a year or so earlier.
Posted on 5/3/21 at 7:49 am to LSUFreek
I’d build my shop for around 45k then buy a SXS for around 20k, 4 wheeler for around 12k, Wilson Combat 6.5 Creed 3k, pulsar Thermion thermal 6k. I put the last 14k down on a BMW X5M competition for my wife.
Posted on 5/3/21 at 7:51 am to LSUFreek
Responsible shite like pay off the house, credit cards, and car. That would leave me with about $3k to gift to my parents.
Posted on 5/3/21 at 7:55 am to LSUFreek
50k kitchen and floor remodel
15-20k bathroom remodel
30-35k pool/outdoor renovations
15-20k bathroom remodel
30-35k pool/outdoor renovations
Posted on 5/3/21 at 8:11 am to LSUFreek
Buy a big lifted truck with truck nutz
Posted on 5/3/21 at 8:27 am to LSUFreek
quote:
If you were gifted $100,000 cash, WWYDWI?
Good start for the pool in the new backyard.
Posted on 5/3/21 at 8:32 am to LSUFreek
Pay for my parents a nice vacation
Put the rest towards my daughters education
Put the rest towards my daughters education
Posted on 5/3/21 at 8:33 am to LSUFreek
I would immediately get out of owning USD. Literally anything other than the dollar
Posted on 5/3/21 at 8:34 am to LSUFreek
Buy a new car, save a bit for a nice vacation we've been planning for years, save/invest the rest for a future home down payment.
Posted on 5/3/21 at 8:41 am to LSUFreek
quote:
You are gifted $100,000 tax free cash.
Put half on paying down the principle on the mortgage, the other half on some home improvements (new fence, new driveway, some professional landscaping). If there's anything left after that it goes to our emergency fund.
Posted on 5/3/21 at 8:53 am to LSUFreek
quote:
If you were gifted $100,000 cash, WWYDWI?
move to "southern" mexico and be a millionaire, northern mexico is too full of drug lords and such
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