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Started By
Message
re: What would you do with $100k right now?
Posted on 7/5/24 at 8:50 pm to Bestbank Tiger
Posted on 7/5/24 at 8:50 pm to Bestbank Tiger
quote:
Can still get 5% APY CDs.
Yes.
0
Posted on 7/5/24 at 9:18 pm to Underdog76
Build that barn/ kennel for our dogs and the foster dogs .
I'm serious about this. It'd be an improvement for them for it would allow them to have some more time outdoors
I'm serious about this. It'd be an improvement for them for it would allow them to have some more time outdoors
Posted on 7/5/24 at 9:19 pm to Underdog76
Have a threesome with sex robots
This post was edited on 7/5/24 at 9:19 pm
Posted on 7/5/24 at 9:41 pm to Underdog76
No BS, my wife and I spent $170k (insurance payout) 5 months ago. We paid off the mortgage, car loan, and Credit Cards before spending most of the remaining money on a new car.
If I had another $100k? Probably a month long trip around Europe & Olympics, followed by a week in Adelaide for a couple of Port AFL games, and then a few days in Hawaii before heading home. That would check off a lot of my bucket list items.
If I had another $100k? Probably a month long trip around Europe & Olympics, followed by a week in Adelaide for a couple of Port AFL games, and then a few days in Hawaii before heading home. That would check off a lot of my bucket list items.
Posted on 7/5/24 at 10:22 pm to Underdog76
But BTC and turn it into 300k the next 6-8 months.
Posted on 7/5/24 at 10:38 pm to Underdog76
What would you do with a drunken sailor??
Posted on 7/5/24 at 11:21 pm to Bestbank Tiger
quote:
What would you do with $100k right now?by Bestbank Tiger
quote:
Why are so many wanting to pay down debt and not double/triple/quadruple the 100K, first?
Being debt free is great.
Also improves your cash flow. You can redirect the payments to investments.
Explain
Posted on 7/6/24 at 5:32 am to Underdog76
Buy a 1969 A12 Superbee.
Posted on 7/6/24 at 6:37 am to Sao
quote:
Explain
Not having debt is a huge psychological boost. Also removes the payments from your monthly budget, so you get to invest the money.
Even with the usually lower rate of return you're buying certainty and security.
Posted on 7/6/24 at 7:32 am to Bestbank Tiger
1/2 on mortgage
Fix a few big issues around the house.
Probably take a trip.
Fix a few big issues around the house.
Probably take a trip.
Posted on 7/6/24 at 8:49 am to Underdog76
Trade in my truck to get a new one cash. Payoff the remaining of my wife’s car and give it to my daughter. Get a new car for my wife paid cash
Posted on 7/6/24 at 9:01 am to Underdog76
100k? Before or after taxes?
If after, having 100k....
1. Pay off my only debt: 10k.
2. Buy new truck: 60k
3. Buy new Colt Delta Elite, Beretta 92xi Squalo, and a new retro Colt AR-15: 6-ish-k
4. Buy a kickass generator and deepfreeze: 2k
5. Invest the remainder.
If after, having 100k....
1. Pay off my only debt: 10k.
2. Buy new truck: 60k
3. Buy new Colt Delta Elite, Beretta 92xi Squalo, and a new retro Colt AR-15: 6-ish-k
4. Buy a kickass generator and deepfreeze: 2k
5. Invest the remainder.
Posted on 7/6/24 at 9:42 am to SwampGar
quote:
spent my truck money on investments. Going to drive the wheels off my 01' 4Runner.
When you look back this will be one of the best financial decisions you’ve ever made.
Compound interest is that important.
Posted on 7/6/24 at 9:46 am to Sao
quote:
Why are so many wanting to pay down debt and not double/triple/quadruple the 100K, first?
I guess it depends on their interest rate. My house is 2.7% and i am not touching that fricker. I don't have any other bills so i split the rest between deer hunting, vacations, and investments. The kids 529 is funded so we good there.
Posted on 7/6/24 at 9:48 am to bushwacker
quote:
a boat. The only bill i have is the housenote at 2.7%
Home run at that rate. Wow.
Posted on 7/13/24 at 4:40 pm to jizzle6609
quote:
When you look back this will be one of the best financial decisions you’ve ever made.
Compound interest is that important.
Ah, thanks brother. I am familiar, hence my choice, but it is refreshing to hear some outside assurance. You be well, stranger.
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