You Have 300k what do you do
#12
Being that I live in the house with my dad since my mom passed away and one day this house and land will be mine anyway, I would probably spend about 20k doing a little remodeling in the house especially on the bathrooms. I would build a nice big patio out back, and spend 8k on a nice zeroturn mower to mow the grass since we have almost 14 acres of land and half of it is grass. I would put 50k a peice aside for both of my daughters into a college/nest egg fund for them for when they get older. Invest about 100k, possibly buy me a 2500 hd duramax 4x4 truck, and i would supercharge, paint and do coil overs and some other odds and ends on the miata. That would account for most of it, I have a whole entire whopping 2500$ in debt so I don't have debt to pay off like most people thankfully.
#13
300k hrmmm...
Pay off car and student loan ~7k
Sell my MR2 finally +~7k
Purchase a nice DD ~25k
Give 10k to bro and mother 20k
Build a house with badass garage 110k (Georgia lol)
Build computer lab in said house ~20k
Invest the rest.
Pay off car and student loan ~7k
Sell my MR2 finally +~7k
Purchase a nice DD ~25k
Give 10k to bro and mother 20k
Build a house with badass garage 110k (Georgia lol)
Build computer lab in said house ~20k
Invest the rest.
#14
#17
Pay off both houses, fund my 401k as fully as possible out of my regular pay to catch up from neglecting it for 4 years, fund my Roth up to the annual legal limit, ditto on both of those for the wife's 401k and Roth, take a vacation this summer to Anguilla again, and put most of the rest in a Vanguard small cap or mid cap index fund to park it and let it work. I would probably re-sod the yard, trim some large trees back, and dredge the opening to my little cove up at the lake for a deeper draft boat. I would probably invest in Xidas, some RS3's, and forged rods and pistons being installed, but that's about it. My wife wants to go someplace exotic like Dubai for a vacation so I would probably do that as well.
That's more than all of it I'm sure.
That's more than all of it I'm sure.
#18
Go to college.
Look for jobs where I could intern part-time and learn a new career. Something I would at least like this time.
Put new flooring,new windows and new efficient AC in my GF's home.
Buy myself a decent home with a garage.
Build my Coyote V8 Miata and a Volks-rod.
Invest the rest.
Either all that, or buy a tank of gas...
Look for jobs where I could intern part-time and learn a new career. Something I would at least like this time.
Put new flooring,new windows and new efficient AC in my GF's home.
Buy myself a decent home with a garage.
Build my Coyote V8 Miata and a Volks-rod.
Invest the rest.
Either all that, or buy a tank of gas...
Last edited by RattleTrap; 03-13-2012 at 12:34 AM.
#19
Start a garage. My dream job is doing everyday what I do to my Miatas, and 300k would get me started. My father does it to Mustangs and he does pretty well for himself, I'm sure I could do alright with fixing up and selling old imports.
Also I would add to the stable a 94 B&T, a 2005 Mazdaspeed in Velocity red, and my wife would finally get her Bright red FD RX-7
Also I would add to the stable a 94 B&T, a 2005 Mazdaspeed in Velocity red, and my wife would finally get her Bright red FD RX-7
#20
I would probably be doing a lot of what Six suggested. I would love to buy a Waco Biplane, but TCO is just ridiculous. I hear people back and forth about paying off the house, so I probably wouldn't pay it off, but would pay it down. I'd pay off the wifes truck and buy some land for a garage and some cows. Maybe, I would provide the property for Aaron's garage that I would love to be his silent backer in. As for cool car purchase, I change my mind almost as much as I change my underwear. Early 80s 911, S2k, Lotus, or wait a few years for the TDI and then swap it for the new Golf R. I can't decide and the wife would yell at me anyway.
Most of this is already in the works, being handed $300k I didn't work for is even better.
Most of this is already in the works, being handed $300k I didn't work for is even better.