What would you do if you inherited $350,000 right this second?
What would you do if you inherited $350,000 right this second?
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bank most of it, and pay off my debts.
this
Pay off my debt, buy a new pc and take my girlfriend on a nice vacation.... Sometimes the simple things are worth it
Two chicks at the same time
Give it to you so you'll fuck off
Bingo
Buy gold. 2k per ounce is coming soon I believe.
Look at emerging markets in se asia.
Keep away from bonds.
Keep away from stocks until the next recession is in full swing (2ish years if were lucky)
Might buy another motorcycle. I've been looking at the honda Africa twin.
Quit my job pay my debts and work on stating my own business
Ah, a man of culture, I see.
pack a bag, abandon all the rest of my stuff and move
Probably just buy an apartment and that's it
Pay off all debts and finally relax.
Why are all of you motherfuckers in debt?
Pay the stupid fucking inheritance tax to keep the govt off my back first
Invest one third of the remainder in precious metals
Invest another third in various gear, tools, ammo, and guns
Last third use to buy a tiny cabin way out in the middle of no where
Buy a house, pay people to shop for me. Never leave house again.
Pay off my student loans and use the rest to buy a sandwich
Pay off my house.
based, though would buy silver and bitcoin as well
Pay off student loan. Buy a bottle of pepsi.
Buy a house for me and my mom, so we could have the safety of not being kicked out in the street, which is currently happening now.
Invest in ggbxf and watch it triple in a year
I should charge you a nickel everytime you think of me. Problem is i dont want to be associated with a group of bullies
Talk to my financial advisor about where to put it. I have no debts.
Might spend a few thousand might not
Pay off the house and buy another one
>pay off debts
>invest the rest
I would buy a trained bear and we'd drink beer
its 2019. Western economies are one giant loans with debt on top of debt ad infinitum
Buy some land with a cabin or build my own, buy guns and bullets, suitable clothing and dry goods/tinned food and get away from every last human I can.
Lol retard thinks he was given 3.5m you can't live off 300k u downy
1. pay off all debt but mortgage
2. buy a house / condo / apartment if you don't have one. put 20% down.
3. over the next 24 months put 80% in a blend of small, mid, and large cap stocks
4. put remainder in a mix of cash, silver, gold, crypto.
300k isn't enough to retire off
i'd go fuck this girl i know in another country who is begging for it. after that i might do something responsible idk. i would have to fuck her for a few weeks first tho
>300k isn't enough
It can be, but it's not a lifestyle most people would choose or be content with
Cost of living varies depending on where you live
Pay off my debts, and put the rest into a IRA
This. Money is only problems if you obsess over it. The simple things in life are worth more, family, relationships. Not stuff.
Buy a $349,000 gun and a $1,000 bullet and use it to shoot myself in the dick hole.
>What would you do if you inherited $350,000 right this second?
Nothing, put it in the bank with my 185K €
It's an American thing, when you are born you get your dick cut to mark you as a jew slave then you all grown up you need to pay for your time in the indoctrination camp
Pay off my mortgage (over a few years to prevent a penalty).
Buy a new SUV. Drive across the country.
retire
Pay off all my debts, buy a new PC, save the rest.
buy a small home because i may be homeless soon and that thought eats at me every minute of the day. after that worry was gone i could maybe be more relaxed better person and be better at work. the rest gets saved or invested for retirement.
Go to Switzerland, spend a few days thoroughly enjoying the Giger Museum.
yeah - nothing much. Any luxury u wanna have is gonna end up costing way more than that.
maybe investing
Buy a lot close to an interstate, build a pole building and start my manufacturing plant
Lost
I would save it for retirement.
Time to bring you guys back to reality. If any of you talk to a financial adviser or try to put it in a bank the IRS will be notified. Then you can kiss 50% of your money away as taxable income.
It increases the GDP from without actually adding anything. It makes the lawmakers look good, but it's a fine line knowing that there are business that give loans without checking credit.
Buy a small house with a lot of land in Colorado and grow indoor weed. Have fun for awhile traveling around the country seeing shit I haven't yet.
>Buy nice little house
>Buy dream car
>Throw rest in high interest account
>Get dubs for rest of life
I recommend some LSD when you go
buy land in the middle of nowhere, get sewage, solar, etc, harvest veggies and hunt animals, sell my soul to depraved science.
>Throw rest in high interest account
See
Put it in savings and then buy a super clean 1998 Toyota camry and a decent mountain bike. Then relax and start learning how to invest along with looking for a job that doesn't slowly eat my soul and try to live comfortably
I don't think you people have much of an idea how little 350k usd is
this. trying to hide 350k from the irs is insane. talking to tax experts to discuss mitigation is the only correct answer.
I would probably make zero lifestyle change and move the money into a long-term investment strategy for earlier retirement.
>implying you can live on 10k a year
enjoy your box and dumpster food
Put 325K into a TFSA. The last 25k will to rennovate my house and buy some comfort things
ITT we find out who is poor.
I'd buy a 2-3 year old car because I'm tired of my old POS and add the rest to my retirement account. No debts and I dont see a point in paying off my 3.25% house loan. On track to retire in my early 40s with ~2.5 million. It's not really hard, live on 40k a year and make a househeld income of 125k+
I'm not in debt, maybe you should get a 2nd job
Buy 349900 worth of lemons and a 100 dollar blender
What will you do once you retire
Add it to my 600k trust fund portfolio.
nothing. i'd never have to work again. i don't spend a lot of money so i'd be set for life.
idk. Probably just throw it in my existing portfolio.
years of running a small business that went global made me think of money differently.
I've used more than 350k in the r&d cycle of one product.
Pay off my house and truck. Bank the remaining ~150K probably. Maybe take a trip and buy some escorts.
nice larp Daddy Warbucks
buy myself a little asian sex slave
Yeah this is the only reasonable action to take. Like bank a large portion of it like 97% and use the other 3% for fun
Pay of 2000 in debts
Buy small house and car.
Invest in opening my own small business.
Go on Yea Forums and rub it in
I would donate all 350k to anyone below my post that gets dubs
Give like 50k to my mum then go to college then uni
We've always been broke
lol gay
Cocaine
Weed
Alcohol
Hookers
Casino
Take my family on a tropical vacation.
Invest the rest, make even more money.
keep drinking coffee and smoking cigs.
Spend time with my wife and kids. Play video games. Read. Hike. Bike around the city. Garden. Maybe take up wood working and start some hipster etsy shop. volunteer. Learn black smithing. I'd love to take a year road trip in a camper to Alaska. Rebuild an engine. All the shit I don't have time to do because I work 50+ hours a week. Past work a wife kids and house eats up a large chunk of free time. Who knows maybe I'll even get bored and take up meaningful work. And shitpost, dont forget shitposting.
buy land in northern russia
Put it in the bank
pay off debts with interest earned by putting it in the bank
. Maybe renovate a few houses and rent them out
Go buy some weed
Buy as many billboards in Amsterdam as possible and have them display this image.
Stop working. Start investing.
PETER FET IN HERE THEYR DOING BREAST EXAMS ON CHANNEL 9
I would probably go back to work on Monday because 350k won't even buy me a house where I live.
Pay off all your debt, if you’re going to go to college, save some for those who expenses. The rest put in a retirement account and invest in mutual funds.
Stop living in California then.
>What would you do if you inherited $350,000 right this second?
Stats say impulsive people (all of you) would just waste it away and end homeless.
I've got about that much now, going to buy some rental properties with it
But Sonoma county is literally one of the greatest places on the planet. We have the best food, the best beer, the best wine, hot as fuck women, gorgeous views, easy access to the city, the beach, the redwoods, mexicans, perfect weather..........
Strippers and cocaine
/biz is ---> way
It would save me just in time before it was too late
buy a property, invest some of it, bank the rest, maybe get a modest vehicle.
a 3 bed 2 bath in CA, CO, UT, OR, WA, NJ, MA, NY, CT near any major city is going to run well past 350k.
/biz/ is just poor crypto shills with no actual useful investment advice.
Pay off credit card debt only, leave auto and home loans in place
Up 401k contributions to try and max it out before year end
Start a Roth Ira and max it out for the year
Figure out if i can do the same with a HSA
Build a new computer
Buy some things for the house
Put the rest in the bank and figure out how to invest it while still having some access to it, since ill have to live off it with all my money going towards 401k
Go to the bank. It closes soon.
Lol. Larping faggot. Let's do the math
125k/yr, 24% tax bracket. Let's say you have a magic accountant who can write your AGI down 40k a year to 85k. Still paying 22%, leaving you with 66k, minus 40k for living leaves you with 20k to save.
If you STARTED at 20 at those rates and continued for 20-some-odd years you'd have a million bucks.
Somehow I doubt this is true
Also, Mr Keyboard Millionaire, you're planning to do four decades on 2.5 mil? That's really, really cutting it close. 1 mil a decade is comfy, and even that doesn't match your (imaginary) current income.
Not OP, but my mother is 91, and I will inherit almost that much soon.
I will invest it all in high-yeald (10%+) REIT'S. Use the income to supplement my retirement.
50k for poker bankroll, 150k for bitcoin, 100k horse races, 25k scratch tickets, 25k roulette wheel
Make a site where I get Yea Forumstards to fuck porn stars
pay off my debt , pay off my truck. put in the bank and look for a modest house to buy upfront. then continue my life like usual.
Do you even know how tax brackets work? you dont pay 22% on all of it dipshit its like buckets. if you made 125k with no write offs youd pay ~23k in taxes. live on 40k invest 60.
>18k off tax free for a 401k
>5.5k off tax free for HSA
>6k roth IRA
>didn't account for any wage growth at all
poor idiot being idiot doing idiot things
also you didnt count any compound interest 50k a year at 8% (below historic average returns of the sp500 index I'll add) for 20 years is 2.5 million.
but hey stay poor kido
Browse Yea Forums.
Richest man in the world
>that "math"