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re: What would you do with $100k right now?

Posted on 7/5/24 at 9:56 am to
Posted by TigerphanTigerman
Member since Jul 2019
384 posts
Posted on 7/5/24 at 9:56 am to
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 by Bama and Beer
Baldwin Co, AL
Member since Oct 2010
82390 posts
Posted on 7/5/24 at 9:57 am to
quote:

Hookers and blow
I guess this will never get new or funny
Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
84096 posts
Posted on 7/5/24 at 9:59 am to
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 by OWLFAN86
Erotic Novelist
Member since Jun 2004
188569 posts
Posted on 7/5/24 at 9:59 am to
take care of some medical questions
Posted by LSUJML
Central
Member since May 2008
49857 posts
Posted on 7/5/24 at 10:00 am to
Build a big arse shop with a small apartment
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
28331 posts
Posted on 7/5/24 at 10:06 am to
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 by Lester Earl
3rd Ward
Member since Nov 2003
284825 posts
Posted on 7/5/24 at 10:11 am to
quote:

take care of some medical questions


what is a gender reassignment surgery going for these days?
Posted by frequent flyer
USA
Member since Jul 2021
3291 posts
Posted on 7/5/24 at 10:13 am to
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.
This post was edited on 7/5/24 at 10:14 am
Posted by tigerfoot
Alexandria
Member since Sep 2006
58936 posts
Posted on 7/5/24 at 10:17 am to
A 9-12 month CD. Get an extra 5k to use as you wish then figure it out later.
Posted by Tempratt
Member since Oct 2013
14518 posts
Posted on 7/5/24 at 10:20 am to
quote:

I would blow half of it on the speakers I

\
Which ones?
Posted by sqerty
AP
Member since May 2022
7222 posts
Posted on 7/5/24 at 10:21 am to
Spend half building a time machine to the 80s where the other half would be spent on better quality hookers and blow.
Posted by dallastiger55
Jennings, LA
Member since Jan 2010
30904 posts
Posted on 7/5/24 at 10:22 am to
50k in Mutual funds 50k to pay off cars and home improvements
Posted by Boogtasic
Arkansas
Member since Jul 2021
48 posts
Posted on 7/5/24 at 10:25 am to
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 by fr33manator
Baton Rouge
Member since Oct 2010
129923 posts
Posted on 7/5/24 at 10:35 am to
Pay off my debt. Pretty sure 100k would cover everything including mortgage.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
51453 posts
Posted on 7/5/24 at 10:37 am to
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 by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
28331 posts
Posted on 7/5/24 at 10:39 am to
quote:

Which ones?


KEF Blade One Meta
Posted by Meauxjeaux
98836 posts including my alters
Member since Jun 2005
43346 posts
Posted on 7/5/24 at 10:40 am to
DMs open
Posted by DeBoersTheMan
Member since Jan 2024
1106 posts
Posted on 7/5/24 at 10:40 am to
Put it towards my mortgage principle
Posted by Napoleon
Kenna
Member since Dec 2007
70894 posts
Posted on 7/5/24 at 10:41 am to
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.
Posted by GeorgeTheGreek
Sparta, Greece
Member since Mar 2008
67851 posts
Posted on 7/5/24 at 10:42 am to
Invest in rare collectible gold coins
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