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Old 07-25-2010, 02:08 AM   #1
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How would you spend 50,000?

With that type of money, Garm would be a richer man, I would by stuff that that cant be found for my sedan, how about you?
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Old 07-25-2010, 02:32 AM   #2
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down payment on a little place of my own out some place quiet where I can go chill when I need to.
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Old 07-25-2010, 02:41 AM   #3
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Parts for the car are fun to think about but the first thing the popped into mind was college tuition for the kids... getting old and responsible sucks.
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Old 07-25-2010, 02:52 AM   #4
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No doubt, my son is set in that dept, thank god, but this is a dream so look at it in a different way, one wont spend that money all on a car, pay bills, pay the house note etc.
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Old 07-25-2010, 02:57 AM   #5
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1. pay off the car
2. pay off student loans
3. party.
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Old 07-25-2010, 09:04 AM   #6
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Throw it in the bank.
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Old 07-25-2010, 09:13 AM   #7
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you guys are boring... booze and hookers!
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Old 07-25-2010, 12:57 PM   #8
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I actually just spent $50,000, got our first place.
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Old 07-25-2010, 01:39 PM   #9
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I actually just spent $50,000, got our first place.
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Old 07-25-2010, 01:39 PM   #10
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Pay off my debt.
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Old 07-25-2010, 01:40 PM   #11
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Quote:
Originally Posted by big lo View Post
With that type of money, Garm would be a richer man, I would by stuff that that cant be found for my sedan, how about you?
I would pay some on my car and maybe get a house, down payment that is
and some white weels !! lol
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Old 07-25-2010, 01:42 PM   #12
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OK, fine, assuming I didnt need it for anything else,
take time off work and go travel around the world for a while.

The thing is, $50 K isn't a lot of money to do dream stuff. (I have big dreams)
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Old 07-25-2010, 01:43 PM   #13
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Buy a rental house.

OR

Buy an Ariel Atom for cash.

very tough choice.
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Old 07-25-2010, 02:22 PM   #14
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Talking

Quote:
Originally Posted by JumpmanYaris View Post
I would pay some on my car and maybe get a house, down payment that is
and some white weels !! lol
Jumpman since I know that you are in need of white wheels I would buy two set for you my dude.
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Old 07-25-2010, 02:58 PM   #15
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Donate it to a privately run animal shelter.
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Old 07-25-2010, 04:36 PM   #16
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Hmmm?

If I put it in a bank... I would lose the value of the $50,000 in one year with the interest of <1% not even keeping up with inflation and the Cost of Living Ajustments (COLA's).

If I put it in stocks, bonds, and finacial advisors... the Wall Street Market... I would gain over the COLA's from inflation, but more definately would risk losing my money through ponzi schemes and shady characters like Bernie Madoff!

If I put the money under my pillow and didn't do anything with it... I would wake up the next year and find the value of of the $50,000 erode to down to around $45,000 of its initial purchasing power do to inflation.

So, I would spend it... all of it... today!

Is there such a thing called 'honest money'???

Cheers!
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Old 07-25-2010, 06:30 PM   #17
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Quote:
Originally Posted by tomato View Post
OK, fine, assuming I didnt need it for anything else,
take time off work and go travel around the world for a while.

The thing is, $50 K isn't a lot of money to do dream stuff. (I have big dreams)
Would love to travel too if I got that money to spend. Wanna go to Europe, Japan, China, Philippines, Hawaii, New York City, Chicago, etc...
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Old 07-25-2010, 07:34 PM   #18
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Quote:
Originally Posted by STC View Post
Hmmm?

If I put it in a bank... I would lose the value of the $50,000 in one year with the interest of <1% not even keeping up with inflation and the Cost of Living Ajustments (COLA's).

If I put it in stocks, bonds, and finacial advisors... the Wall Street Market... I would gain over the COLA's from inflation, but more definately would risk losing my money through ponzi schemes and shady characters like Bernie Madoff!

If I put the money under my pillow and didn't do anything with it... I would wake up the next year and find the value of of the $50,000 erode to down to around $45,000 of its initial purchasing power do to inflation.

So, I would spend it... all of it... today!

Is there such a thing called 'honest money'???

Cheers!
OK but you didn't quite answer his question. Spend it on what?!
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