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

Posted on 7/5/24 at 12:24 pm to
Posted by Saint Alfonzo
Member since Jan 2019
25755 posts
Posted on 7/5/24 at 12:24 pm to
Pay off a car note and a couple of other things. Stick the rest in a savings account. Maybe have lunch.
Posted by GreatLakesTiger24
Member since May 2012
57791 posts
Posted on 7/5/24 at 12:30 pm to
But a new (lightly used) truck and invest the rest
Posted by yellowfin
Coastal Bar
Member since May 2006
98408 posts
Posted on 7/5/24 at 12:30 pm to
Kids college
Posted by Undertow
Member since Sep 2016
8373 posts
Posted on 7/5/24 at 1:23 pm to
Pay off my house. I’d have like 3k to spare too.
Posted by Lsutigerturner
Member since Dec 2016
6777 posts
Posted on 7/5/24 at 1:27 pm to
Excuse to buy another house and do the kitchen and bathrooms, remodel without having to wait paycheck to paycheck and take 1.5years to do a basic remodel.

Would help a lot
Posted by HoustonChick86
Catalina Wine Mixer
Member since Dec 2009
58849 posts
Posted on 7/5/24 at 1:28 pm to
My savings is doing just fine and I don't have any debt other than my mortgage, so I'd put probably $75K towards the principal on that and save the rest for when I need a new vehicle.
Posted by Suntiger
STG or BR or somewhere else
Member since Feb 2007
34568 posts
Posted on 7/5/24 at 1:35 pm to
quote:

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.


This. Except I’d buy about $75K worth of T-bills and the rest in my HYSA.
Posted by Shiftyplus1
Regret nothing that made you smile
Member since Oct 2005
13891 posts
Posted on 7/5/24 at 1:36 pm to
Buy land
Posted by MSTiger33
Member since Oct 2007
20968 posts
Posted on 7/5/24 at 1:36 pm to
529s for kids
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
32814 posts
Posted on 7/5/24 at 1:41 pm to
Brick of cocaine
Posted by Finch
Member since Jun 2015
3506 posts
Posted on 7/5/24 at 1:42 pm to
quote:

Deluxe accommodations at Essense Fest


Make sure you set some aside for a tip
Posted by NewIberiaHaircut
Lafayette
Member since May 2013
12040 posts
Posted on 7/5/24 at 2:01 pm to
Nothing special, throw it into my brokerage account.
Posted by CHEDBALLZ
South Central LA
Member since Dec 2009
22727 posts
Posted on 7/5/24 at 2:05 pm to
Pay off every note I have and put the remaining 30k towards my mortgage.
Posted by JackDempsey
Lake Charles
Member since May 2023
495 posts
Posted on 7/5/24 at 2:09 pm to
No mortgage is one of the best and most comforting feelings there is. It is the largest monthly bill most people have and now it is gone. Investing the money instead faces an uncertain return instead of a sure thing.

Posted by Dixie2023
Member since Mar 2023
3431 posts
Posted on 7/5/24 at 2:18 pm to
Buy land or just invest and let it ride until I retire in 6 years.
Posted by GFunk
Denham Springs
Member since Feb 2011
14969 posts
Posted on 7/5/24 at 2:20 pm to
Pay off the divorce HELOC. Pay off the vehicle.

Upgrade the vehicle. Build a pool. Just a tiny house note on a place I’ll never sell. Live the GD Dream.

I ain’t far from most of it anyway. But $100K would be fantastic.
This post was edited on 7/5/24 at 2:24 pm
Posted by boosiebadazz
Member since Feb 2008
82536 posts
Posted on 7/5/24 at 2:21 pm to
Finish our outdoor covered/kitchen area and put the rest away for tuition.
Posted by Catahoula20LSU
Louisiana
Member since Oct 2011
2537 posts
Posted on 7/5/24 at 2:28 pm to
Pay off all bills besides my mortgage. Pay the remainder on my mortgage.
Posted by Ryan3232
Valet driver for TD staff
Member since Dec 2008
26798 posts
Posted on 7/5/24 at 2:57 pm to
Put 80% of it towards the house.
Go on vacation with the other 20%.
Posted by CMBears1259
Baton Rouge
Member since Sep 2005
4464 posts
Posted on 7/5/24 at 2:59 pm to
Payoff some debt and invest
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