that was the first 200k... the second on bad biz decisions...
with the hypothetical third... Krunch nailed it.
What would you do with $200,000.
- Thread starter fukndenny
- Start date
that was the first 200k... the second on bad biz decisions...
with the hypothetical third... Krunch nailed it.
In reality? Fast Women. Hard Liven. Good Times. Then just waste the rest..
I'd continue to live my life the way it was without the money. Find me a good money manager with a good track record and let it build for at least 10 years. At 12% per year, after 10 years, the interest alone is $75,000 per year. After taxes, thats $4500 per month, guaranteed, with no effort at all, no husseling, no risk of going to jail.
If I knew in 10 years I would have $4500 after taxes a month coming in with no effort at all, the piece of mind that comes with that is priceless. I surely would sleep better every night.
On another note, if you learn how to manage your money in the market yourself, you can make 4 - 6% a month fairly easily. Run those figures and you'll be set in just a few years.
If I knew in 10 years I would have $4500 after taxes a month coming in with no effort at all, the piece of mind that comes with that is priceless. I surely would sleep better every night.
On another note, if you learn how to manage your money in the market yourself, you can make 4 - 6% a month fairly easily. Run those figures and you'll be set in just a few years.
down payment on a 40 acre property and spend cash to build a dream house...
So you gonna tell us how you make that 6%??
I was countin on ING keeping that 5% api but this freaking 1% is a joke.
Watch the market long enough til you figure out a way, whatever it is, that will be the best and most reliable way for your personality.
Every person trades differently, if I tell you my method, you couldn't make the gains that I would. Each person has to find a way that works for them.
I only did 4.5% this week, very good considering its july 4th week. (unhealthy price action for day trading) That was with 2 trades.
Every person trades differently, if I tell you my method, you couldn't make the gains that I would. Each person has to find a way that works for them.
I only did 4.5% this week, very good considering its july 4th week. (unhealthy price action for day trading) That was with 2 trades.
sweetsmell
Member
First buy would be
And then.............x5
And then...............
And thenn...............one of these suites(dont ask)
and then...............................
That would be about it
And then.............x5
And then...............
And thenn...............one of these suites(dont ask)
and then...............................
That would be about it
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supersmallgiant
Member
i would jack off into the $20k wad as well, just to say i did....
Captain Ginyu
Member
Land for sure.
I had nothing, literally enjoyed getting change to take the bus to have a chance, now inherited about that much and it is as if it aint even there, just savings in mutual funds. I could start a business or could blow the money in a casino in hopes of winning more, but I choose to look at that as retirement and try to get what I need now by myself. Dont know how dont know what, but have to try. what now?
C
Capital G
so ironic! i'm about to come into something close to that from a settlement and @ least 50k is going into an S550. 30k on 10lbs+. 10k in the cut. family and fun on the rest. already have my own company.
I would buy a lot somewhere in the country that had electric already run to it...drill a water well...hire someone with an excavator to dig a 20'x60' basement... pour 10' high concrete walls...cap the basement with a prefab concrete slab with 2 cut in's for access...buy 2 14'x70' mobile homes and place them on top of the cap slab...have the slab access cut ins under bedroom closets for 2 stealth entry/exits for the basement...
and go crazy with 1000 watters and a killer hydro setup! I've had this fantasy since I was a wee lad. Maybe someday...
and go crazy with 1000 watters and a killer hydro setup! I've had this fantasy since I was a wee lad. Maybe someday...
L
lloy
I dont know your current life situation so its all a shitshoot. I will have to say buy a franchise ie mc donalds arbys. 200 stacks can set you up for life. I also will agree with the others LAND.
Pallidus127
Member
Probably buy a little cabin somewhere in the middle of Colorado and put some solar panels on it. Maybe open a dispensary! I've always wanted to be my own boss.
supersmallgiant
Member
The paper cuts could ruin your life!
O
OGvenom
I want to say buy property and have a badass grow house but here in cali dont know if i could do that with 200 k so maybe rent a house and have a badass grow house LOL
Mountain_Monkey
Member
If anyone here is Australian they'll understand why I've gone with what most will find ridiculous: bet the lot on Collingwood Football Club and add 10K or so each week until the season ends then I'll have doubled it. Then I'd buy a nice house and add a very well insulated room with a false wall in which I could indulge myself and spend all my time with my lovely precious plants!
