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Old 11-09-2007, 10:18 AM   #1 (permalink)
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You just won $100,000.oo ...

... what would you do with it? I'm not looking for impulse "buys" here, i've already got hundreds of those in mind. What i need to know is what would you seriously do with a hundred grand? What type of investments? Would you start a business? "ING Direct" ? (lol) ... away we go !
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Old 11-09-2007, 10:24 AM   #2 (permalink)
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okay, how about you start.... tell us what you would do first.
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Old 11-09-2007, 10:31 AM   #3 (permalink)
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$100k? Porsche. The 911 Turbo is about $126k, and I could spend $26k of my own money for that.
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Old 11-09-2007, 10:33 AM   #4 (permalink)
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Mutual funds and a General Electric M134.
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Old 11-09-2007, 10:34 AM   #5 (permalink)
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Trade in my car for a new Mustang, which wouldn't chip too much off the top, then put it all in an account to earn money (interest, CD, IRA, something like that
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Old 11-09-2007, 10:41 AM   #6 (permalink)
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Quote:
Originally Posted by Crompsin
Mutual funds and a General Electric M134.
Duck hunting?
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Old 11-09-2007, 10:43 AM   #7 (permalink)
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hookers and booze.
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Old 11-09-2007, 10:46 AM   #8 (permalink)
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1. Cash the check
2. Pay $50,000 in taxes so people can consume infinite amounts of health care regardless of cost, save baby seals and fund suspicious research that happens to be chaired by the brother in law of the government official deciding what is the best "science to invest in". Oh yeah and more bullets and a side order of wire taps please.
3. The other $50k would be added roughly $2k/ Month to my existing budget until it was gone. I would not save a red cent. That $2k allows me to continue to invest in myself and my company without having to sacrifice as many ski days. . .
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Old 11-09-2007, 10:50 AM   #9 (permalink)
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$14k or so goes to bills. Figure at least $33k went to Uncle Sam, so now I have $53k to play with. Two 16 year olds who will be in college in 2 years....
It's down to zero.
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Old 11-09-2007, 01:30 PM   #10 (permalink)
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Money market account. Probably spend a few hundred on clothes or something too.
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Old 11-09-2007, 01:41 PM   #11 (permalink)
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Two chicks at the same time.

or...

I'd put a $50k down on a house and use the rest to travel the world for a few months.
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Old 11-09-2007, 01:42 PM   #12 (permalink)
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Pay off the student loans, then I would get a financial adviser to help me make more money.
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Old 11-09-2007, 02:07 PM   #13 (permalink)
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Pay off bills.

Small house, big garage.

Automotive toolset from hell.

An old car to keep me busy.
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Old 11-09-2007, 02:14 PM   #14 (permalink)
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Old 11-09-2007, 02:17 PM   #15 (permalink)
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I'd probably take 5-10% off the top to blow on whatever (a couple or three guitars, new computer at home, etc.). Pay off everything but the house (let's say 10k). Buy a new car. Put 10k in emergency savings, the rest in CD's and/or mutual funds.
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Old 11-09-2007, 03:01 PM   #16 (permalink)
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After taxes, and child support. I am basically looking at having $50K leftover.

25K towards house (additional downpayment with a few grand extra towards new appliances, building a deck and such).

10K towards Retirement (IRA, Money Market Funds)

Pay off my auto

5K to a college fund for my child (he's 18 years, that'd be a good start).

What's leftover I would use to get myself going again in college, and of course keep a couple grand around for travel.
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Old 11-09-2007, 03:04 PM   #17 (permalink)
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I would use the money to quit my job, get something part time, and finally go to college. I can get funding for school now, but I can't afford to take the time off from work.

Silly life.
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Old 11-09-2007, 03:17 PM   #18 (permalink)
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OH, I'd pay Ustwo $100k for his vote!
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Old 11-09-2007, 03:56 PM   #19 (permalink)
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Quote:
Originally Posted by willravel
OH, I'd pay Ustwo $100k for his vote!
I said liberal proof, I spent another 100K last week on equipment alone.
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Old 11-09-2007, 04:00 PM   #20 (permalink)
... a sort of licensed troubleshooter.
 
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Quote:
Originally Posted by Ustwo
I said liberal proof, I spent another 100K last week on equipment alone.
We gave away about that much in the past few months to poor people. Go figure.

Didn't get the "liberal proof" reference.
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Old 11-09-2007, 04:10 PM   #21 (permalink)
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This is such an easy question. I'd give it to my ex. Even though she doesn't really deserve such a kind act, it'd be more for the sake of her kids than anything else. Of course, that's all after paying tithes and offerings, of course
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Old 11-09-2007, 04:23 PM   #22 (permalink)
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Quote:
Originally Posted by willravel
We gave away about that much in the past few months to poor people. Go figure.

Didn't get the "liberal proof" reference.
The difference is that when I'm done I'll have created seven long term jobs while providing a desired service to the community.

Those people on the other hand will still be poor.
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Old 11-09-2007, 04:28 PM   #23 (permalink)
... a sort of licensed troubleshooter.
 
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Quote:
Originally Posted by Ustwo
The difference is that when I'm done I'll have created seven long term jobs while providing a desired service to the community.

Those people on the other hand will still be poor.
True, but they will be poor with food, clothing, and new job training.

"I said liberal proof"?
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Old 11-09-2007, 06:14 PM   #24 (permalink)
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Quote:
Originally Posted by willravel
True, but they will be poor with food, clothing, and new job training.
If you say so, I'll add I also spent money I need to repay, not gave away other peoples money. I'm sure that job training will help them repay you so you can spend more to help others (pause for laughter).

Quote:
"I said liberal proof"?
proof - impenetrable, impervious, or invulnerable

As in so rich your crazy, non-viable, economic policies can't screw up the economy to the point you can't make it beyond wage slave on your own initiative.
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Old 11-09-2007, 06:20 PM   #25 (permalink)
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Quote:
Originally Posted by willravel
Duck hunting?
The General Electric M134 will be attached to my motorcycle via sidecar and will be used to neutralize whitebread pricks in European SUVs.
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Old 11-09-2007, 06:30 PM   #26 (permalink)
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Quote:
Originally Posted by Crompsin
The General Electric M134 will be attached to my motorcycle via sidecar and will be used to neutralize whitebread pricks in European SUVs.
You know for someone who can't say nigger without using n-word, you do like to toss that around.

Why is that?
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Old 11-09-2007, 06:35 PM   #27 (permalink)
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Because when I'm on my big honkin', sets-off-car-alarms loud, chrome-covered motorcycle... it is only white people in European SUVs that don't notice me and nearly kill me on a regular basis. Then they have the balls to keep talking on their cell phones and give me dirty looks when they merge 6" in front of my fender at 70 mph.

Hating white people doesn't have a social no-no stigma yet, either.

Lame link for you: White People Suck
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Old 11-09-2007, 06:50 PM   #28 (permalink)
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Quote:
Originally Posted by Crompsin
Because when I'm on my big honkin', sets-off-car-alarms loud, chrome-covered motorcycle... it is only white people in European SUVs that don't notice me and nearly kill me on a regular basis. Then they have the balls to keep talking on their cell phones and give me dirty looks when they merge 6" in front of my fender at 70 mph.

Hating white people doesn't have a social no-no stigma yet, either.

Lame link for you: White People Suck
Buy a car and quit whining.
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Old 11-09-2007, 06:52 PM   #29 (permalink)
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Quote:
Originally Posted by Ustwo
Buy a car and quit whining.
Why? I already have a truck, whitey.



It didn't cost $100k, though.

Although with a $100k I could buy a nice H1 and put a hefty Cummins turbo diesel in it.
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Last edited by Plan9; 11-09-2007 at 07:00 PM..
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Old 11-09-2007, 06:56 PM   #30 (permalink)
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I pity the deer...
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Old 11-09-2007, 06:58 PM   #31 (permalink)
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Quote:
Originally Posted by willravel
I pity the deer...
I don't. Why do you think I put that Mad Max lookin' thing on the front of my ride?

...

With $100k to throw around... I might have some kind of sausage-making implement attached to the grille as well... venison for everyone!
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Old 11-09-2007, 10:55 PM   #32 (permalink)
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I would spend about $10k on random stuff I've been wanting. The rest I would open a music store with.
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Old 11-10-2007, 02:46 AM   #33 (permalink)
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A 10k night at the strip clubs with my friends, pay rent on a nice place a year in advance, a half decent car with a huge back seat, then college full time for a bit. And top off my IRA for the year.
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Old 11-10-2007, 06:22 AM   #34 (permalink)
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Pay down the last of my debt and put the rest away for my retirement.
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Old 11-10-2007, 06:24 AM   #35 (permalink)
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Quote:
Originally Posted by Seer666
A 10k night at the strip clubs with my friends, pay rent on a nice place a year in advance, a half decent car with a huge back seat, then college full time for a bit. And top off my IRA for the year.
Strip clubs and a car with a huge back seat, huh?

Damn, you've got the crotch fever!
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Old 11-10-2007, 07:32 AM   #36 (permalink)
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Location: left coast
Three things:
1. Put some of it towards the mortgage on the house.
2. Put some of it in index fund investments and my IRA.
3. Use the rest to go see the world.

I'd probably split 75k between 1 and 2, and use the rest for fun stuff.
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Old 11-10-2007, 09:25 AM   #37 (permalink)
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I'd invest in the new N-Gage. Or buy 100k of Cocaine.
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Old 11-10-2007, 10:07 AM   #38 (permalink)
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I would probably move to a small (but overpriced) apartment in the middle of some big city. I'm leaning towards Boston, but Seattle might be nice, too. I've always wanted to live the metropolitan lifestyle, after living in Tennessee and Indiana...
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Old 11-10-2007, 10:08 AM   #39 (permalink)
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This is a no-brainer for me.
  1. Pay off debts
  2. Invest in index funds using the couch-potato theory (equal mix of bonds, stocks, real estate index, perhaps)

I would let the fund build until it would be enough to have a down payment on a home of at least 20% of the value.
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Old 11-10-2007, 12:52 PM   #40 (permalink)
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Location: Southern California
I want to amend my my answer. In addition to what I said above, I would hire referees (READ: Strippers in Stripes) for this year's Turkey Bowl! Every Thanksgiving morning, I get up at 5am and stripe the field at the end of my street for a 7:30am game. This is year 8.




If I had two of these chics show up as a surprise, I think my buddies would crap themselves! I could even have money left over for beer.
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