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Active: 4268 users

[H] Hypothetical: what would you do with 100k? - Page 2

Blogs > Empyrean
Post a Reply
Prev 1 2 3 4 Next All
BroOd
Profile Blog Joined April 2003
Austin10833 Posts
December 22 2010 20:55 GMT
#21
[image loading]
Two chicks at the same time, man.
ModeratorSIRL and JLIG.
Archaic
Profile Blog Joined March 2008
United States4024 Posts
December 22 2010 21:47 GMT
#22
Pay off debts, pay off college, then buy a guitar.
Avila
Profile Joined December 2010
Canada39 Posts
December 22 2010 21:55 GMT
#23
I would buy 10 pairs of Christian Louboutins.
"If you're not 1st, you're last"
QuanticHawk
Profile Blog Joined May 2007
United States32157 Posts
December 22 2010 22:00 GMT
#24
On December 23 2010 04:47 Haemonculus wrote:
Eat out at an absurdly expensive restaurant every night for probably a week.

Aside from that I'd probably put most of it in the bank and just sorta continue day to day as normal, (albeit with a huge security blanket and thus probably a lot less anxiety).


This

On December 23 2010 05:55 BroOd wrote:
[image loading]
Two chicks at the same time, man.


Plus this

and a little traveling for good measure.

$100k ain't a whole lot at all. It's a security cushion and a little cash to have fun and maybe do a little investing, not something to go quitting your job over.
PROFESSIONAL GAMER - SEND ME OFFERS TO JOIN YOUR TEAM - USA USA USA
DoubleZee
Profile Joined July 2010
Canada556 Posts
December 22 2010 22:00 GMT
#25
i'd put 50k~ on a down payment for a condo, and save the rest. maybe go on a cheap trip.
Just think of how stupid the average person is, and then realize half of them are even stupider!
kzn
Profile Blog Joined June 2007
United States1218 Posts
December 22 2010 22:05 GMT
#26
If it was on a mortgage I'd pay that shit off instantly unless I could get more than 4% on an investment elsewhere with no risk, which is highly unlikely.

If you just handed me 100k, I'd invest it somewhere with more risk for like an 8-10% return. Its not really that much money.
Like a G6
joban
Profile Joined September 2010
179 Posts
December 22 2010 22:06 GMT
#27
4.3% interest isn't too bad. If I had 100k, I'd probably pay off any credit card debts or any other high interest debts off first. Then put the rest in a Vanguard Index fund.
Tazza
Profile Blog Joined May 2009
Korea (South)1678 Posts
December 22 2010 22:38 GMT
#28
I would first buy a kickass computer that can play sc2 on all ultra, because my comp right now can't even run sc2 on low. Then save money for college. And with the rest, invest
Seltsam
Profile Blog Joined April 2010
United States343 Posts
December 22 2010 22:43 GMT
#29
Ummm.
I don't like having lots of money. I'm not a huge fan of capitalism (yeah yeah, let's not get into a big argument, please), so I'd probably just buy a nice desktop PC, a bunch of awesome ingredients and cookware, and... that's about it. I have no car payments, make enough to make rent now, and I have less than a year left in school which is already paid for. Soooo I'd spend that first 4,000-ish dollars and probably just give the rest away.

I know it sounds all self-righteous to be like, "GIVES IT AL TO CHARITYZ" but I probably would. But I'd be really selective about it. There are some really awesome charities that raise barely any money. I guess I'd probably do some research first.

But you have to remember: this is AFTER I buy an awesome computer.

And like 6 copies of SC2 so I have have 5 smurf accounts.
Team Limited ftw! www.teamltd.net
Cr4zyH0r5e
Profile Blog Joined November 2007
Peru1308 Posts
December 22 2010 23:39 GMT
#30
8k pay off my debts
10k finish paying for school in the upcomming years.
2k take a 3 week vacation to Peru ^^!
give 10k to mom
20k on SP500 for a couple months and check things out.
save 50k for Lawschool / when I actually need it.
Diamond 4 Jungle/Support - http://www.twitch.tv/cr4zyh0r5e/c/3051057 Zyra support 101
infinity2k9
Profile Blog Joined January 2009
United Kingdom2397 Posts
December 22 2010 23:47 GMT
#31
Rent on a few places and a lot of cocaine and other drugs to store there.
BrTarolg
Profile Blog Joined June 2009
United Kingdom3574 Posts
December 23 2010 00:53 GMT
#32
Id buy an asswad of poker tournament shares for ppl playing big live events
azndsh
Profile Blog Joined August 2006
United States4447 Posts
December 23 2010 00:58 GMT
#33
whatever has the highest rate of return?
sixduck
Profile Blog Joined September 2009
United States301 Posts
December 23 2010 01:06 GMT
#34
save for college and whatever other expenses fall under that category.

go see the world, korea specifically.

I like having money, but I barely ever spend it. So with whatever is left I'd probably just give it all to my friends or family.
Backpack
Profile Blog Joined March 2010
United States1776 Posts
December 23 2010 01:16 GMT
#35
Pay off 5/8ths of my school loans : /
"You people need to just generally care a lot less about everything." -Zatic
Tal
Profile Blog Joined May 2004
United Kingdom1018 Posts
December 23 2010 01:20 GMT
#36
Stop working for the next 3-4 years and spend the time studying (perhaps open university or just by myself), working on hobbies, and learning skills. Also some charity work.

Not having to work for a while would be wonderful.
It is what you read when you don't have to that determines what you will be when you can't help it.
Kezzer
Profile Blog Joined December 2008
United States1268 Posts
December 23 2010 01:24 GMT
#37
I'd probably spend it on world-class guitar and piano lessons, pay off school, and also pay for a international/grandmaster chess player to tutor me
lixlix
Profile Blog Joined December 2009
United States482 Posts
Last Edited: 2010-12-23 01:28:35
December 23 2010 01:26 GMT
#38
I would pay off my house. While from a mathematical standpoint, I stand to make more than 4.375% a year if I invest it, the removal of all debt would be great to me mentally.

Just kidding.

Hookers and blow obviously.
Rekrul
Profile Blog Joined November 2002
Korea (South)17174 Posts
December 23 2010 01:31 GMT
#39
live in korea for 3 months
why so 진지해?
MrBitter
Profile Joined January 2008
United States2940 Posts
December 23 2010 02:18 GMT
#40
On December 23 2010 04:25 Empyrean wrote:
Title is pretty much self-explanatory.

I was just wondering what you would do with it. Would you put it in an index fund of some sort? A more aggressive investment? Let's say you have approx. 100k left on your mortgage at 4.375%. Would you pay off the mortgage? Would you buy some cheap real estate and try to rent it out or something?

Just wondering what you guys would do :O


Obviously I would square any remaining debts first, but any leftover, liquid cash I would immediately reinvest into property.

I bought an investment house a couple months ago for $21k and am already renting it for $750/mo.

5 more of those and I'll be on easy street.
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