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What to do with $100k?
Posted by: needadvice ()
Date: December 01, 2012 12:10AM

What would you do with $100,000 lying around? what would you invest in? assume you have no debt or dependents. thanks!

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Re: What to do with $100k?
Posted by: niggere23 ()
Date: December 01, 2012 12:35AM

Do you already own a home?

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Re: What to do with $100k?
Posted by: obama fan ()
Date: December 01, 2012 01:30AM

Why not give it to Obummer. He'll make sure it gets put to good use fucking up the U.S.A.!

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Re: What to do with $100k?
Posted by: eesh ()
Date: December 01, 2012 01:39AM

Buy this and fly it around every day in Fairfax so people can start non-stop threads on helicopters hovering over their homes.



http://cgi.ebay.com/ebaymotors/Enstrom-280C-Shark-TTSN-ONLY-986h-new-ARC-new100h-Inspection-flies-great-/321032415445?pt=Motors_Aircraft&hash=item4abf05e8d5


US $99,280.00

Perfect Helicopter in the latest Turbocharged Version.

The Heli flies perfect and has got lots of power.




Edited 1 time(s). Last edit at 12/01/2012 01:39AM by eesh.
Attachments:
enstrom280_coffey.jpg

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Re: What to do with $100k?
Posted by: Wealthy Wally ()
Date: December 01, 2012 06:49AM

Buy

$60K IVV
$20K AGG
$20K DBC

And forget about it for 10 years and you'll have $1MM

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Re: What to do with $100k?
Posted by: BEH ()
Date: December 01, 2012 07:35AM

Hash, whores , and Heinikens

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Re: What to do with $100k?
Posted by: lil' casanova ()
Date: December 01, 2012 08:18AM

Does anyone know how to contact the model Amanda Salvato, currently in them tv ads for Premium Outlet stores.
http://www.youtube.com/watch?v=No0H4WsH5J4

Maybe she has the month of February free and I understand the Virgin Islands are lovely that month.

I promise to shower,shave, cut my hair and thoroughly clean my ass

Plus I'm dead inside
So what the hell, seems like a good way to blow a $100,000 before I shed this mortal coil.

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Re: What to do with $100k?
Posted by: Gordon Blvd ()
Date: December 01, 2012 08:20AM

let see I'd fill up the car, have a bite to eat.............oh wait that's not enough now is it? lol

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Re: What to do with $100k?
Posted by: Bacon ()
Date: December 01, 2012 09:35AM

Go to Germany and rent some supercars at the Nurburgring

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Re: What to do with $100k?
Posted by: cashh ()
Date: December 01, 2012 10:48AM

Its unclaimed cash so I would probably either buy difficult to trace assets that might appreciate (collectables, coins, antiques etc.) or just register a shell business and claim the some of the cash as income so I could spend/invest freely over several years.

Alternatively just put it in a safe deposit box and pay cash for food, clothes, gas, co-pays and purchases under 1k.

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Re: What to do with $100k?
Posted by: Critical Mass ()
Date: December 01, 2012 11:01AM

Wealthy Wally Wrote:
-------------------------------------------------------
> Buy
>
> $60K IVV
> $20K AGG
> $20K DBC
>
> And forget about it for 10 years and you'll have
> $1MM


> $60K IVV S&P 500 index fund $143 x 420 shares
> $20K AGG Bond index fund $112 x 128 shares
> $20K DBC Commodity index fund $28 x 714 shares

What makes you think that these index funds will do so well over the next ten years?

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Re: What to do with $100k?
Posted by: AMF rider ()
Date: December 01, 2012 11:15AM

i would drag thinkbox mc behind my AMF year harley and pull him around kilroys parking lot.make him eat wings and swill bud lite.

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Re: What to do with $100k?
Posted by: needadvice ()
Date: December 01, 2012 12:05PM

I don't know much about these funds, but will learn more about em.

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Re: What to do with $100k?
Posted by: Miami Vice ()
Date: December 01, 2012 12:08PM

Cocaine

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Re: What to do with $100k?
Posted by: Kardinal ()
Date: December 01, 2012 12:18PM

1) Pay off any debt
2) Buy a house if you don't already have one.
3) Take a nice vacation 3-5 grand.
4) Buy a slightly nicer car, maybe upgrade your smartphone, computer, guns, whatever hobbies you have.
5) Put the rest away for retirement or kids' college.

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Re: What to do with $100k?
Posted by: SmartMoney ()
Date: December 01, 2012 12:41PM

Talk to a professional investment councilor. Don't listed to advice from the FFU.

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Re: What to do with $100k?
Posted by: Good luck with that ()
Date: December 01, 2012 12:54PM

SmartMoney Wrote:
-------------------------------------------------------
> Talk to a professional investment councilor. Don't
> listed to advice from the FFU.

It isn't cost-effective to talk to an investment counselor for $100k.

Most won't touch your money if it is less than $2 million.

They only make around 1% in management fees.

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Re: What to do with $100k?
Posted by: Pinkbox MC ()
Date: December 01, 2012 01:12PM

$100K will buy a whole lot of gay porn.

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Re: What to do with $100k?
Posted by: Mofo ()
Date: December 01, 2012 02:34PM

Sallie Mae Bank Money market if you want it liquid and secure with decent interest. I do not work for them or am affiliated with them but is the best deal I can find.

It is FDIC insured, and you get a checkbook for it. The interest rate is better than most CDs and they have no fees or BS to deal with. I have had them for a while for my cash emergency fund. http://banking.salliemae.com

With current market conditions possibility of fiscal cliff business the market maybe in for a significant correction so I would not invest it in stock unless you want to wait until after the possible correction and try to buy at the bottom. Don't keep your eggs all in one basket though whatever you do. The money market is essentially a savings account with interest though so it is not risky.

If you have good credit interest rates are damn near as low as they will ever be. Put some of that for a down payment on a fixed mortgage.

Of course I would recommend a trip of Europe a sex tourist and blow it on prostitution and first class airfare on Virgin Atlantic.



Edited 1 time(s). Last edit at 12/01/2012 02:34PM by Mofo.

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Re: What to do with $100k?
Posted by: Stinkfist ()
Date: December 01, 2012 02:41PM

Pay off all debts. Then research compound iterest

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Re: What to do with $100k?
Posted by: Obviously ()
Date: December 01, 2012 03:11PM

Hookers and blow. Duh.

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Re: What to do with $100k?
Posted by: buy a house ()
Date: December 01, 2012 05:17PM

down payment for a house

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