What to do with $50k??
You have just been handed $50,000, how would you invest it?
Is there anything you could invest it in that would atleast double it's value in 10 years?
Is there anything you could invest it in that would atleast double it's value in 10 years?
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Real estate. 0 -
Buy land. 0 -
I'd pay-off college loans and the Explorer and buy a new motorcycle with the remaining 15,000. Any change left over will go in the bank. 0 -
I'd put it into international mutual funds, particularly those focusing on China. 0 -
[8D]---Plastics---
--[:p][:p]--JIMBO0 -
service debt and buy land 0 -
a high intrest account with no noyice (if possibly needed) or leave in higher intrest account for 3-5 yr..
5.5-7.25% aer.. garanteed possible.(no risk)0 -
quote:Originally posted by ObiWan
You have just been handed $50,000, how would you invest it?
Is there anything you could invest it in that would atleast double it's value in 10 years?
buy this stock VIR you wont be dissapointed0 -
Transferable machine guns. Great investment, plus more fun to look at than your stocks...they shoot better too....[;)] 0 -
1 M16 RDIAS=$13,000
1 Fleming HK sear=$12,500
1 Registered AK47= $12,000
1 HK MP5 semi for sear= $3,500
1 HK 91 for sear=$2,000
1 HK 33 for sear=$3,000
1 Bushmaster lower for RDIAS=$129.00
6 Uppers various lengths for RDIAS0 -
I'd pay off my debt and most of my house. $50k would leave me owing about $35k on my house and nothing else. 0 -
A few different caliber bolt guns
AR 15
AK 47
1911
A few thousand round of ammo in 9mm, 40, 45, 22lr, 223, 7.62, 12ga
Some stuff for the wife, then about 35k into my 401k.0 -
Lottery tickets. 0 -
Thanks for the tips....I'm getting it in a few months. Tax free based upon my circumstances. 0 -
Find a legitimate person to help me invest 40K of it the remainder would have to be spent on guns 0 -
quote:Originally posted by chappsyny
I'd put it into international mutual funds, particularly those focusing on China.
India is booming as well.
The mainstream international emerging market funds have not been doing that great but over the long haul these are supposed to be very good.0 -
Cousin just bought 160 acres of prime wooded hunting land last year. The timber appraised for the same amount he paid for the land. Fixing to have the timber cut, which will pay for the land, and leave him with 160 acres for basically nothing.
Just an idea.
Ben0 -
e-mail sent 0 -
Since you asked ...
I'm still buying real estate in Costa Rica - should quadruple/quintuple in 10
years.The operative word, however, is 'should' ... but it's trebled in the last
ten years and now the market there is getting hot ... I'd say 4x is going to
be easy!
... it's part of the reason I've been able to retire comfortably at 55.[:D]
P.S. I'd imagine the American market(s) is/are going to collapse in the next
couple of years and it'll be a while before it's going to recoup for much of
a profit.
... just an educated guess.[:D]0 -
quote:Originally posted by jbw1776
Cousin just bought 160 acres of prime wooded hunting land last year. The timber appraised for the same amount he paid for the land. Fixing to have the timber cut, which will pay for the land, and leave him with 160 acres for basically nothing.
Just an idea.
Ben
Won't cutting all that timber scare away the deer?0 -
quote:Originally posted by ObiWan
You have just been handed $50,000, how would you invest it?
A few nights at the strip club.
quote:Is there anything you could invest it in that would at least double it's value in 10 years?
Yes. Anything but a stripper.0 -
Hi cap magazines. Better hurry! 0 -
Buy the Bryco/Jennings factory and burn it down. Even though $50K is more than it's worth, I'd be doing the gun world a favor. [:D] 0 -
Cardboard! 0 -
I know a guy who bought a stripper once - should have checked her ID - and
he's STILL paying for it.[8D]0 -
DNA synthesis, and I'd have 25k left to spend on vacations+hookers. 0 -
quote:Originally posted by jimbowby
[8D]---Plastics---
--[:p][:p]--JIMBO
Love those Dustin Hoffman references.
Buy this russian type 44 Nagant:
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I like the land/timber deal. Use an agricultural broker/lawyer. They get a hefty cut, but also look for the best deal. My parents did a select cut of the old homestead (30 acres of trees). They were able to chose the size of tree and it allowed them to be sure to do it again ten years later. They selected to have the cut trees be at least 16" diameter at mark (48" from ground). They still got $40,000. Figure that as a sure bet every ten years and you have a steady income. Beats a CD any day if you know what you are doing. 0 -
Hard to go wrong buying any decent real estate. I've known people to double their money in a few months buying and selling real estate.
I'd invest a few thousand in silver and stash it away somewhere. Of course gold is more valuable but silver has outpaced gold in it's return over the years. You could have bought silver for around 4 bucks a troy ounce back in 2003. You can dump all the silver you want today for upwards of 14 dollars a troy ounce. What's it's next move? Not sure but many signs point to a steady increase. It has it's ups and downs but it is a precious metal and has many factors going for it right now. It would give me more piece of mind than any stock, if not for the simple fact that it's always immediately available. I'd probably buy 10k worth at least.
The rest divide up between RIAs, savings, stocks, bonds, and fun money.0 -
I'd spend half on booze and women........The other half, I'd just waste!!! 0
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