If you had $500,000 tax free right now..
 

What would you do?

I would have to say I would finish fixing and maybe add about 5-10k into my truck and make it into something sweet. Then I would buy another 95 GSX and make spend about 10k on it and have some fun on the drag strip and the rally cross courses.

with about 20k in fun toys I would definatly buy a house with a 3-4 car garage for Jana and I. Probably spend about 300k on the house. Nothing to big, but a nice sized garage.

So that is about 320k down. I would take about 80k and have Jana buy a car or 2 she has always wanted. Probably the BMW she has wanted and then another of her choice which would probably be another fun sporty newer car and tailor it to her tatste.

So with 100K left I would probably use half of it to get married and make it as perfect as I could for Jana. Probably a 2 or 3 month honeymoon traveling all over the world! And with the other half I would try to get another business going of some sort. Or go back to school full time and not have to worry about all the debt.

Now looking back at that and spending some tiem thinking about all of it it make me realize you can do alot with 500K.

What would everyone else do?

I would buy myself the car I want, finish paying off my house, pay for my college and pay off the student loans, buy a few things for my closest friends and family, and invest the remaining ~$300k

I'll let you know in 10 years when I have half a mil in the bank. :rolleyes:

Ok, maybe more like 15-20 years... or 30. I can tell you I would spend it alot differently if I saved up the money rather than having it handed to me. But somewhere in there I would definitely buy a house, and probably a nice car.

Buy a house and frame-off resto my Chevelle

Pay off both my debt and my parent's debt. From there I would set aside enough for the rest of my education followed by purchasing an acreage/farm. From there I'd probably spend $100-150K on toys and invest the rest.

Double or nothing at the casino.

Buy 100,000 shares of Sirius stock.

Pay off school loans ($12k) and other debts ($6k)
Invest $10k into the Galant
Get an EVO VII from Japan ($35k)
Get a winter beater (probably a 1g AWD--$3k)
Get a really nice apartment with nice furniture/electronics ($40k)
Pay for a wedding in Hawaii along with family/friends airplane tickets ($30k)
Get a 12" and 17" Powerbook, Top of the line G5 with 30" display for web design, and a nice PC for gaming ($30k)
Invest into stocks ($100k)
Buy my family/friends some stuff ($50k)
Donate to charities ($85k)
Deposit remainder into savings ($100k)

I would buy two Skylines and a vette for my dad and I. The rest would be handled by Chris.

2 girls at once?


Probably start some sort of business.

By a Duplex so I can rent out half and have most my living expense paid for the rest of my life. With the other 200,000 to - 250,000 I would buy fun stuff, and save a bunch of it.

I would go on with my life the way I see it planned in my dreams :)

Around 250k for a nice house with a nice garage. Spend 30k on tools and other necessities and a lift.

Buy a 911 TT for around 25k used for a Daily and buy my girlfriend a nice car.

Send a large check to QPR and have my car towed there with a list of things Mike can work on. ;)

Take some money to buy a nice towing vehicle with a nice Nitro 18' bass boat on the back. Maybe a yamaha RX-1 and GSX-R 750 to fill the garage a little.

Save the other ~150k and put it in the bank or invest and watch it grow.

Half on a house the other half in some high interest bank account to keep earning.

Pay off student loans so far and continue to go to school and not worry about $$. Get a newer/reliable car, I have no idea what but something around 20K +/-. Buy a new computer, G5 w/the works. I would buy a few smaller things but I would save as much of it as possible and use it to generate more $$.

Buy a decent house, build a nice heated garage and stock it with tools, make 600 hp conquest... repeat as necessary

Well I already bought a 1/4 mill house, so pay it off. Then invest invest invest. But what I would realy do is put a down payment on a Mclaren F1, jk.

~John

i would use it as a down payment!

Finish my car (12k)
Finish school (10k)
Get a nice house in the country or desert (150k)
Furnish the house and garage (50k)
Get a new truck for a dd/tow vehicle (40k)
Buy a few more project cars (30k)
Quit my current job (priceless)
Invest (20k)
Give half of what's left to my family (94k)
Start a business with half of that (47K)
Keep the rest for expenses and such (47k)

Would people care to elaborate on these businesses they want to start?