what would you do with $500,000??
#24
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.
#26
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.
#38
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.
#39
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
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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WHIPPLE Superchargers, Procharger, Magnuson, Powerbond Sale, HPTuners packages!, Trickflow, AFR, PRC, CHE Trunion upgrade, $100 7.400" pushrod set, Custom Cam of your choice
#40
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.
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??