If You Won/Inherited $100,000...

Discussion in 'Blazers OT Forum' started by ABM, Dec 8, 2009.

  1. Eastoff

    Eastoff But it was a beginning.

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    I like this answer :cheers:

    I'd put it on black. [video=youtube;FTDeOPFr9e4]http://www.youtube.com/watch?v=FTDeOPFr9e4"]http://www.youtube.com/watch?v=FTDeOPFr9e4[/video]
     
  2. bintim

    bintim Member

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    Get my house out of foreclosure and buy my kids some x-mas presents.:dunno:
     
  3. Buzz Killington

    Buzz Killington Great Sea Urchin Cerviche

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    In a major way.

    :sherlock:
     
  4. TradeNurkicNow

    TradeNurkicNow piss

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    shit
    $35,000 to debt.
    $35,000 for another degree
    $30,000 to move abroad


    You would truly be on... the road... to serfdom.

    And you would tell every fucking person you met.
     
  5. number 10

    number 10 Our Savior

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    I'll tell you what I'd do, man: two chicks at the same time, man.
    [video=youtube;h1C3_k7Egr8]http://www.youtube.com/watch?v=h1C3_k7Egr8[/video]
     
  6. Buzz Killington

    Buzz Killington Great Sea Urchin Cerviche

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    :cheers:
     
  7. Colonel Ronan

    Colonel Ronan Continue...?

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    Single, I assume?
     
  8. BoBoBREWSKI

    BoBoBREWSKI BURP!

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    Remodel my house (kitchen, floors, exterior paint) and a new car (Audi wagon).
     
  9. Colonel Ronan

    Colonel Ronan Continue...?

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    With 100k, I would get a new car, and keep the rest for savings/bills.
     
  10. Buzz Killington

    Buzz Killington Great Sea Urchin Cerviche

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  11. Mediocre Man

    Mediocre Man Mr. SportsTwo

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    One Hundred Thousand dollars is not that much. It is only about two years of income, so you should think about how to make it work for you.
    Start off by fully funding a Roth IRA for 2010. Put aside enough to fund your IRA for the next few years (about $15K-$20K).
    Do some reading about investing. "Ready, Set, Retire" by Ray Lucia and "The Lies About Money" by Ric Edelman are good to start with. Interview four or five Certified Financial Planners and choose the one you like best and whose plan and investing philosophy you like. Do not use a commission based CFP. They make their money by selling you investments. You can't be sure if the investment they are selling is best for you or if it just pays the best commission to them. Use a planner whose pay is tied to your investment return. NEVER invest in anything that you don't understand and can't explain to a 10 year old.
    Invested wisely, that $100K can grow to be over $1 million over the years. Whatever you do, do not pay off your mortgage. Do not buy a car.

    If you aren't the type pf person who can just put money in a bank and let it earn you a butt load, find a young housing market over seas and invest in some property. Depending on morals, you would be wise to invest in the sex industry. A friend of mine invested in several asian massage parlors (all on the up and up) in NY, and has made made all of his investment back in only 2 years.
     
  12. Colonel Ronan

    Colonel Ronan Continue...?

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    I would love the 2007-2008 Acura TL Type-S.
     
  13. drexlersdad

    drexlersdad SABAS

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    Yeah, he sure is good at making millions of dollars though.
     
  14. Colonel Ronan

    Colonel Ronan Continue...?

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    And in English...
     
  15. Mediocre Man

    Mediocre Man Mr. SportsTwo

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    I have always had the greatest idea for an investment, but my wife won't let me do it.


    It is a porn based excersize workout for men.


    Each day you get as different model, or models who do more things as you burn calories. Having some simple electrons hooked up to you and your tv should do the trick. 10 cal. burned and the top comes off. 100 burned and you get lesbian sex....or whatever.


    If you do this, I would like a thank you at the end of the tape
     
  16. Mediocre Man

    Mediocre Man Mr. SportsTwo

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    Seek a financial advisor that doesn't get paid unless you make money.

    Open up a Roth IRA

    Do not under any circumstances buy a car
     
  17. Colonel Ronan

    Colonel Ronan Continue...?

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    Hmm, I'm interested in the "thank you" at the end...
     
  18. Buzz Killington

    Buzz Killington Great Sea Urchin Cerviche

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    well, unless you need a car.
     
  19. Colonel Ronan

    Colonel Ronan Continue...?

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    Interesting. Is there a reason to not buy a car?
     
  20. Mediocre Man

    Mediocre Man Mr. SportsTwo

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    It's the worst thing you can do.

    The second you take possession of that car you have lost money. If you absolutely had to have a car, you should lease one. Keep your payments low, and then draw interest on the money you are going to be paying for the car. At least then you wouldn't lose so much money. Or find a 0% interest loan for the car and actually make money while you drive it.
     

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