Okay, So Say You Are Given $250,000 ... How Would You Spend It?

[StevenM23]

There ya go , silver hahaha

 

[digimon7068]

put it in my kids pa tap (college fund) accounts...paying their tuition in full at the state university rate (e.g., psu) would take care of about $160,000 (on top of what's already in each account)...and the other $90,000? i'd give $40,000 to the wife so she could comfortably finish the renovation plans she has for the house and the other $50,000 i would probably put in my e-trade account and buy jkd ivv and some more shares of a couple/few energy stocks that i like...then i'd make it a point to forget i ever had the money in the first place.

 

[kx250rider]

I wouldn't spend it. Up 'til the past 3 years, I'd have stuck it in a money market account at a few % interest, but since that's not possible for now, I'd probably pay off anything I owe on that's not a writeoff of interest, and/or knock down the mortgage. I could always pull it back out if interest rates or the stock market get better. Spend it in THIS economy? NO WAY. Not unless it's spent on an emergency medical bill!

Charles

 

[Mr. dB]

Build a house.

 

[AAP]

Bring Michael Jackson back.

 

[Mr. dB]

Bring Michael Jackson back.

Do that and I'll spend my 250K to take him out again.

 

[Peterlumberjack]

another rental property