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re: What would you do with $100k right now?
Posted on 7/5/24 at 9:56 am to Underdog76
Posted on 7/5/24 at 9:56 am to Underdog76
European Vacation. Down payment on a rental property. Put the rest in Bitcoin
This post was edited on 7/5/24 at 9:57 am
Posted on 7/5/24 at 9:57 am to Jizzy08
quote:I guess this will never get new or funny
Hookers and blow
Posted on 7/5/24 at 9:59 am to Underdog76
Socks. Lots of socks. And maybe one of those really fancy snow-globes that says Albany or Syracuse or some other exotic locales I have read about in the magazines.
Posted on 7/5/24 at 9:59 am to Underdog76
take care of some medical questions
Posted on 7/5/24 at 10:00 am to Underdog76
Build a big arse shop with a small apartment
Posted on 7/5/24 at 10:06 am to Underdog76
If it was windfall money I would blow half of it on the speakers I have been eyeing but just can't pull the trigger on and give the other half to the wife to buy stuff she wants but doesn't want to pay for. We are at the point in life that we are likely to die with money so any money from the sky would be used for fun.
Posted on 7/5/24 at 10:11 am to OWLFAN86
quote:
take care of some medical questions
what is a gender reassignment surgery going for these days?
Posted on 7/5/24 at 10:13 am to Underdog76
Real estate - cheap rentals that are cash flow positive if you have to borrow the difference. Find something in decent shape. Rent it out to young families that need safe, affordable housing.
But that's my opinion. I already max out my tax deferred retirement accounts and I'm saving cash well. I don't want to hold as much cash as absolutely necessary at the moment though.
Med term; I think the economy is going to be stagnant, the value of the dollar will decrease for the next 3-5 years at least, and things like metals and real estate will feel more and more expensive.
But that's my opinion. I already max out my tax deferred retirement accounts and I'm saving cash well. I don't want to hold as much cash as absolutely necessary at the moment though.
Med term; I think the economy is going to be stagnant, the value of the dollar will decrease for the next 3-5 years at least, and things like metals and real estate will feel more and more expensive.
This post was edited on 7/5/24 at 10:14 am
Posted on 7/5/24 at 10:17 am to Underdog76
A 9-12 month CD. Get an extra 5k to use as you wish then figure it out later.
Posted on 7/5/24 at 10:20 am to Obtuse1
quote:
I would blow half of it on the speakers I
\
Which ones?
Posted on 7/5/24 at 10:21 am to tigerfoot
Spend half building a time machine to the 80s where the other half would be spent on better quality hookers and blow.
Posted on 7/5/24 at 10:22 am to sqerty
50k in Mutual funds 50k to pay off cars and home improvements
Posted on 7/5/24 at 10:25 am to sqerty
Give it to my daughter for her (hopefully) vet school tuition. I thankfully have her next two years of private college paid off thanks to my wife winning $250k scratch off during a vacation several years ago. Taxes on that were damn near half if I recall.
Posted on 7/5/24 at 10:35 am to Underdog76
Pay off my debt. Pretty sure 100k would cover everything including mortgage.
Posted on 7/5/24 at 10:37 am to fr33manator
While it would be nice to have no mortgage, my rate is so low it would make more sense to stick it in a HYSA earning 5% right now.
Posted on 7/5/24 at 10:39 am to Tempratt
quote:
Which ones?
KEF Blade One Meta
Posted on 7/5/24 at 10:40 am to Underdog76
Put it towards my mortgage principle
Posted on 7/5/24 at 10:41 am to Underdog76
Use the amount in my account to get Residency in Mexico or Costa Rica. Then purchase a small condo wherever I move to.
Then sell all my belongings and live meargarly off my Robin Hood account.
Then sell all my belongings and live meargarly off my Robin Hood account.
Posted on 7/5/24 at 10:42 am to Underdog76
Invest in rare collectible gold coins
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