what would you do with $500,000??

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Old 01-24-2008 | 01:04 AM
  #21  
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buy a $250,000 home and invest the rest.
Old 01-24-2008 | 01:08 AM
  #22  
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SRT10 Coupe
Give about half to moms
Invest
Spend maybe 25K on friends/vacation/little ****

I gotta do school
Old 01-24-2008 | 03:55 AM
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I would pay off my bills, get some college and get a higher paying job. Then finish all my rides, save/invest the rest.
Old 01-24-2008 | 07:35 AM
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pay off my parents house, buy whatever/anyhting my grandmother wanted, by my parents and grandmother new cars. pay all but 20k of my house off(and refinance the 20k for 15yr). tell my wife to quit her job and finish school, invest in a small buisness. invest anyhting i had left.
Old 01-24-2008 | 07:39 AM
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invest, school, payoff car and finish school!!

and get a beater car for dd
Old 01-24-2008 | 07:44 AM
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Probably pay off the house and buy me some land. Then again, that would go a long way toward starting a business. That way I could do something about it if I still had a dumbass for a boss.
Old 01-24-2008 | 07:48 AM
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definitely buy a house! pay off bills, invest, and build me the baddest ls1 street car possible!!
Old 01-24-2008 | 07:51 AM
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Pay off my bills and buy some land and a Z06.
Old 01-24-2008 | 08:21 AM
  #29  
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Buy crack! I would smoke it all away in my glass pipe.
Old 01-24-2008 | 08:26 AM
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1) Pay off all my debts including my house
2) Buy a new truck
3) Buy the new ZR1 Corvette
4) Invest the remainder (if there is any)
Old 01-24-2008 | 08:26 AM
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I would pay all my debts off:

Mortgage
Car Notes
Student Loans

And probably have more than half of it left over.

Then invest the rest, draw the interest, and live the life and work!
Old 01-24-2008 | 08:27 AM
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i would get a ***** reduction........
Old 01-24-2008 | 08:35 AM
  #33  
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Originally Posted by MESS
i would get a ***** reduction........
Would you have them remove the gerbil as well?

Just playin man
Old 01-24-2008 | 08:42 AM
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Invest a good portion of it and save the rest. And repaint my car and rebuild my engine.
Old 01-24-2008 | 08:43 AM
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College fund for my son.
Old 01-24-2008 | 08:44 AM
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i think im goin to pay off all my loans/debt and invest the rest and savings..
Old 01-24-2008 | 08:45 AM
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buy the new zr1 vette, a house, and give the rest to my parents.
Old 01-24-2008 | 08:56 AM
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Originally Posted by TX_SS
im thinking about investing... but dont know where to start or who i need to speak to..

scott trade is your friend~~
If you really have this kind of cash...you need a broker. Their fees will pay for themselves in the end with them watching your investments and monitoring the market. I interned with a broker in college. I really understood that principal after working with him. I don't have enough outside of my 401K to make it worth his while, but he still will give me advice when I want it. The expertise of a broker is worth it with that kind of cash. Its like modding your car. You do bolt ons yourself and some other minor engine work, but would you want to try using internet advice to build your own balanced stroker motor in the garage???

Personally I would pay off my house and invest the rest. Having very few bills/financial freedom would be great and I could still invest a large part of it.
Old 01-24-2008 | 09:03 AM
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1) Pay off my house, then my disposable income and money from paychecks both increase substantially
2) Build some storage units (large with overhead doors) because the amount of rent you collect on them is not as dependent on the market as buying a house to rent out is, and the rate of return on rent in relation to what you spend is MUCH greater than a rent house.
3) Simple no-risk savings account

And to act like I wouldn't have ANY fun with a little would obviously be a lie I would likely spend a fair amount at SDPC, cause I hear those guys do some great work
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Old 01-24-2008 | 09:12 AM
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Originally Posted by LeadfootDuramax
If you really have this kind of cash...you need a broker. Their fees will pay for themselves in the end with them watching your investments and monitoring the market. I interned with a broker in college. I really understood that principal after working with him. I don't have enough outside of my 401K to make it worth his while, but he still will give me advice when I want it. The expertise of a broker is worth it with that kind of cash. Its like modding your car. You do bolt ons yourself and some other minor engine work, but would you want to try using internet advice to build your own balanced stroker motor in the garage???

Personally I would pay off my house and invest the rest. Having very few bills/financial freedom would be great and I could still invest a large part of it.

how do i find a right broker??



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