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    All Forums | General Discussion

    what would you do with 100k

    «First Previous 123 Next Last»
    Spartacus10
    green33
    pinoy1da
    earthWake
    hotdamn85
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    «First Previous 123 Next Last»
     
    Spartacus10
    Spartacus10
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    Posted: Feb. 19, 2013 - 12:58 PM ET #26

    Quote Originally Posted by green33:

    I don't have a college education. I live off waiting tables. I own everything I have including my car which will last me a couple more years. I live with my sister for the time being and she feeds me. I don't do drugs or party. I'm thinking about stashing 5k, putting the rest a fidelity account. 

    What about opening a yoga studio? It doesn't seem like there would be much startup. Find a couple teachers to hire. Find a cool space to rent and then advertise it. Be a little different from everyone else. Anybody have any input on that 

    Buy a house by a college/university, it's by far the best option. You will always be able to find people to rent, always, even if you are stuck giving a small discounted price. You'll be extremely pleased in 15 years when a house you put a $20,000 down payment on is now paying you back at least tenfold. I'm a 22 year old university student who will be doing this by the latest September 2014. If I can find a partner, then by September 2013.
    Reply
    Quote Originally Posted by green33:

    I don't have a college education. I live off waiting tables. I own everything I have including my car which will last me a couple more years. I live with my sister for the time being and she feeds me. I don't do drugs or party. I'm thinking about stashing 5k, putting the rest a fidelity account. 

    What about opening a yoga studio? It doesn't seem like there would be much startup. Find a couple teachers to hire. Find a cool space to rent and then advertise it. Be a little different from everyone else. Anybody have any input on that 

    Buy a house by a college/university, it's by far the best option. You will always be able to find people to rent, always, even if you are stuck giving a small discounted price. You'll be extremely pleased in 15 years when a house you put a $20,000 down payment on is now paying you back at least tenfold. I'm a 22 year old university student who will be doing this by the latest September 2014. If I can find a partner, then by September 2013.
     
    green33
    green33
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    Posted: Feb. 19, 2013 - 3:32 PM ET #27

    Quote Originally Posted by Spartacus10:


    Buy a house by a college/university, it's by far the best option. You will always be able to find people to rent, always, even if you are stuck giving a small discounted price. You'll be extremely pleased in 15 years when a house you put a $20,000 down payment on is now paying you back at least tenfold. I'm a 22 year old university student who will be doing this by the latest September 2014. If I can find a partner, then by September 2013.

    I like that idea alot spartacus. So obviously I wont be able to buy a house outright with 100k. Your saying put a down payment of 20k on a house and rent it out. 
    Reply
    Quote Originally Posted by Spartacus10:


    Buy a house by a college/university, it's by far the best option. You will always be able to find people to rent, always, even if you are stuck giving a small discounted price. You'll be extremely pleased in 15 years when a house you put a $20,000 down payment on is now paying you back at least tenfold. I'm a 22 year old university student who will be doing this by the latest September 2014. If I can find a partner, then by September 2013.

    I like that idea alot spartacus. So obviously I wont be able to buy a house outright with 100k. Your saying put a down payment of 20k on a house and rent it out. 
     
    pinoy1da
    pinoy1da
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    Posted: Feb. 19, 2013 - 5:53 PM ET #28

    Quote Originally Posted by Spartacus10:


    Buy a house by a college/university, it's by far the best option. You will always be able to find people to rent, always, even if you are stuck giving a small discounted price. You'll be extremely pleased in 15 years when a house you put a $20,000 down payment on is now paying you back at least tenfold. I'm a 22 year old university student who will be doing this by the latest September 2014. If I can find a partner, then by September 2013.

    i'll do it with you 
    i'm a 21 yr old from california

    smart money makes money 
    Reply
    Quote Originally Posted by Spartacus10:


    Buy a house by a college/university, it's by far the best option. You will always be able to find people to rent, always, even if you are stuck giving a small discounted price. You'll be extremely pleased in 15 years when a house you put a $20,000 down payment on is now paying you back at least tenfold. I'm a 22 year old university student who will be doing this by the latest September 2014. If I can find a partner, then by September 2013.

    i'll do it with you 
    i'm a 21 yr old from california

    smart money makes money 
     
    earthWake
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    Posted: Feb. 19, 2013 - 6:27 PM ET #29

    I'd walk into my bosses office and drop my nuts on his desk.
    Reply
    I'd walk into my bosses office and drop my nuts on his desk.
     
    hotdamn85
    hotdamn85
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    Posted: Feb. 19, 2013 - 10:42 PM ET #30

    bitcoins 29$ right now
    Reply
    bitcoins 29$ right now
     
    MIZUNO22
    MIZUNO22
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    Posted: Feb. 19, 2013 - 11:21 PM ET #31

    Go to the "Wynn" in Vegas, step up to the roulette wheel, all in on black.  Sink or swim.
    Reply
    Go to the "Wynn" in Vegas, step up to the roulette wheel, all in on black.  Sink or swim.
     
    mafioso
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    Posted: Feb. 20, 2013 - 3:46 AM ET #32

    Vegas or Arizona You can buy 2 fixeruper homes at 40K each
    fix them up with the rest of the money, rent them out at 1200 a month each

    After property taxes, sewer tax, home owners insurance and saving 200 from each house per month for expenditures and maintenance You should be able to rake in 800 a month for each house.

    Keep your Job, save up that money all of it, Have discipline,
    After four years, You can buy another one in cash as well, then 3 years later another, in 18 or 20 years you could parlay this into a huge retirement, Maybe own up to 10 to 12 homes with around eight to ten thosand dollars coming in per month.
     
    Reply
    Vegas or Arizona You can buy 2 fixeruper homes at 40K each
    fix them up with the rest of the money, rent them out at 1200 a month each

    After property taxes, sewer tax, home owners insurance and saving 200 from each house per month for expenditures and maintenance You should be able to rake in 800 a month for each house.

    Keep your Job, save up that money all of it, Have discipline,
    After four years, You can buy another one in cash as well, then 3 years later another, in 18 or 20 years you could parlay this into a huge retirement, Maybe own up to 10 to 12 homes with around eight to ten thosand dollars coming in per month.
     
     
    2Team_Parlay
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    Posted: Feb. 20, 2013 - 5:59 AM ET #33

    Vegan restaurant? yoga studio? i think u r on the wrong site if u are asking for advice in those areas...

    i personally like the house idea or maybe go to a vocational school with the money. learn a trade become a carpenter or electrician 
    Reply
    Vegan restaurant? yoga studio? i think u r on the wrong site if u are asking for advice in those areas...

    i personally like the house idea or maybe go to a vocational school with the money. learn a trade become a carpenter or electrician 
     
    green33
    green33
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    Posted: Feb. 20, 2013 - 12:12 PM ET #34

    Hot damn can you explain what bitcoins is and how I'd make money
    Reply
    Hot damn can you explain what bitcoins is and how I'd make money
     
    KingRGIII
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    Posted: Feb. 21, 2013 - 12:09 AM ET #35

    $100,000 is far from life changing. Its a decent chunk of change that is very easy to blow faster than you think.

    Act like you don't even have it, life like you were living and allow some time for things to work themselves out.

    At this point you shouldn't even be thinking about it too much. Any idea you can come up with this early is one that will go down in flames and so will your money.

    Reply

    $100,000 is far from life changing. Its a decent chunk of change that is very easy to blow faster than you think.

    Act like you don't even have it, life like you were living and allow some time for things to work themselves out.

    At this point you shouldn't even be thinking about it too much. Any idea you can come up with this early is one that will go down in flames and so will your money.

     
    hotdamn85
    hotdamn85
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    Posted: Feb. 21, 2013 - 12:16 AM ET #36

    bitcoins 29.70$ last trade
    Reply
    bitcoins 29.70$ last trade
     
    Mihai
    Mihai
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    Posted: Feb. 21, 2013 - 3:01 AM ET #37

    Buy gold.

    Or start a hooker bussiness.

    No, seriously, buy gold, it will never lose its value.
    Reply
    Buy gold.

    Or start a hooker bussiness.

    No, seriously, buy gold, it will never lose its value.
     
    hotdamn85
    hotdamn85
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    Posted: Feb. 21, 2013 - 3:24 AM ET #38

    give it to me
    Reply
    give it to me
     
    hotdamn85
    hotdamn85
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    Posted: Feb. 21, 2013 - 3:25 AM ET #39

    Quote Originally Posted by green33:

    Hot damn can you explain what bitcoins is and how I'd make money


    yay u got an hour?
    Reply
    Quote Originally Posted by green33:

    Hot damn can you explain what bitcoins is and how I'd make money


    yay u got an hour?
     
    DanTos8715
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    Posted: Feb. 21, 2013 - 3:29 PM ET #40

    If you are thinking about opening a restaurant, never start off opening one up of your own.  Start off with a chain (subway, pizza, smoothie, ice cream) franchise.  You could probably get in for less than the 100k.  As long as your don't place it in the most dispicable place, there is no way you can fail.  I can't remember the last time a subway, tropical smoothie, cold stone, papa johns, etc, closed down.  They will train you and it would be very hard to fail.  Once you are successful with that, then you take the chances (vegan restaurant, yoga studio).

    Real estate is always a good investement.  I don't trust the stock market or investment firms, but then again I'm not very educated on that.  I just have a hard time trusting liars and thieves with my money.

    It's good that you don't party or do drugs.  You probably wouldn't of even started this thread if you did.

    "If a man could have half of his wishes, he'd double his troubles" - Benjamin Franklin
    Reply
    If you are thinking about opening a restaurant, never start off opening one up of your own.  Start off with a chain (subway, pizza, smoothie, ice cream) franchise.  You could probably get in for less than the 100k.  As long as your don't place it in the most dispicable place, there is no way you can fail.  I can't remember the last time a subway, tropical smoothie, cold stone, papa johns, etc, closed down.  They will train you and it would be very hard to fail.  Once you are successful with that, then you take the chances (vegan restaurant, yoga studio).

    Real estate is always a good investement.  I don't trust the stock market or investment firms, but then again I'm not very educated on that.  I just have a hard time trusting liars and thieves with my money.

    It's good that you don't party or do drugs.  You probably wouldn't of even started this thread if you did.

    "If a man could have half of his wishes, he'd double his troubles" - Benjamin Franklin
     
    DanTos8715
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    Posted: Feb. 21, 2013 - 3:30 PM ET #41

    or coffee shop as well
    Reply
    or coffee shop as well
     
    green33
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    Posted: Feb. 21, 2013 - 9:53 PM ET #42

    Thanks Dan good advice
    Reply
    Thanks Dan good advice
     
    thirdperson
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    Posted: Feb. 22, 2013 - 12:03 AM ET #43

    Take wise risks that you are comfortable with. If you are successful, you can become rich.   Advantage of youth is that if you lose everything, you still have the rest of your life to recover financially. 

    Reply

    Take wise risks that you are comfortable with. If you are successful, you can become rich.   Advantage of youth is that if you lose everything, you still have the rest of your life to recover financially. 

     
    vegasrebel417
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    Posted: Feb. 22, 2013 - 12:13 AM ET #44

    You should take your sis on a vacation at least 
    Reply
    You should take your sis on a vacation at least 
     
    bill702
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    Posted: Feb. 22, 2013 - 12:22 AM ET #45

    Quote Originally Posted by hotdamn85:



    yay u got an hour?
    why are you laughing I'd like it to be explained as well. 
    Reply
    Quote Originally Posted by hotdamn85:



    yay u got an hour?
    why are you laughing I'd like it to be explained as well. 
     
    searchwarrant
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    Posted: Feb. 22, 2013 - 12:22 AM ET #46

    100k.

    You need a million minimum just to get into any game.

    Reply

    100k.

    You need a million minimum just to get into any game.

     
    bill702
    bill702
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    Posted: Feb. 22, 2013 - 12:24 AM ET #47

    For the OP. how do you "might" have an inheritance of 100k? Is it 100k after all the bs taxes you're going to have to pay
    Reply
    For the OP. how do you "might" have an inheritance of 100k? Is it 100k after all the bs taxes you're going to have to pay
     
    NR_78
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    Posted: Feb. 22, 2013 - 6:59 AM ET #48

    10k on the Pass Line
    3k Whirl Bet

    Establish Point
    47000  Pass Line with Odds.
    50000 Across


    Hope for a good Roll

    Reply
    10k on the Pass Line
    3k Whirl Bet

    Establish Point
    47000  Pass Line with Odds.
    50000 Across


    Hope for a good Roll

     
    TheGoldenGoose
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    Posted: Feb. 22, 2013 - 7:34 AM ET #49

    Quote Originally Posted by NR_78:

    10k on the Pass Line
    3k Whirl Bet

    Establish Point
    47000  Pass Line with Odds.
    50000 Across


    Hope for a good Roll




    I like it.

    Yo, Eleven.

    I'm done.

    Thank the boys for playing.

    Run away from the table. 


    ~~~~~ZOSO~~~~~
    Reply
    Quote Originally Posted by NR_78:

    10k on the Pass Line
    3k Whirl Bet

    Establish Point
    47000  Pass Line with Odds.
    50000 Across


    Hope for a good Roll




    I like it.

    Yo, Eleven.

    I'm done.

    Thank the boys for playing.

    Run away from the table. 


     
     
    green33
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    Posted: Feb. 22, 2013 - 10:58 AM ET #50

    Quote Originally Posted by bill702:

    For the OP. how do you "might" have an inheritance of 100k? Is it 100k after all the bs taxes you're going to have to pay

    yeah my sister told me that's what my dad left me on the life insurance policy... not sure how much will be taken away in taxes
    Reply
    Quote Originally Posted by bill702:

    For the OP. how do you "might" have an inheritance of 100k? Is it 100k after all the bs taxes you're going to have to pay

    yeah my sister told me that's what my dad left me on the life insurance policy... not sure how much will be taken away in taxes
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