I settled a lawsuit for 275,000$ - ideas on builds?
#71
Re: I settled a lawsuit for 275,000$ - ideas on builds?
buy a 170k house, cash money.. I guess it depends on where you live and the price of property. spend 2-4k on a turbo car and buy a 4k civic that will get you places when you blow up your turbo car. save the rest for a rainy or hookers and coke as mentioned above.
#75
Re: I settled a lawsuit for 275,000$ - ideas on builds?
Originally Posted by doug684
I still say gold. Drop $100k on some and hold onto it without touching it for a good 20yrs
Someone laid out a really good idea of where to put it in CD accounts.
#76
Re: I settled a lawsuit for 275,000$ - ideas on builds?
Originally Posted by sexyblackcrx
I think you guy's are missing the point its only 200;000 $ unless hes a dumbshit hes probably gonna keep his day job and or be on disability. :1
Yea IDK to me 250,000 = retiring 10-15yrs earlier. It'll grow ------- fast
#78
Re: I settled a lawsuit for 275,000$ - ideas on builds?
alot of great ideas on this board.
A CD plan sounds great, im going to look into trying to find a solid interest rate with 100,000 then im not sure about housing yet because id like to open up a german car shop/body shop. (i have an e30 that is for sale i put over 3k in that car already lol.)
and id like to play around with about 50,000 in a mutual fund overseas or something like that will give me a 12% interest rate.
I currently have a boosted v6 mustang that needs to be rebuilt, a supercharged Frontier, and a 92 16g accord thats being built, plus the e30 im selling. I kind of want to sell everything but the accord and figure it out from there.
i have about 20K in assets just sitting here, so i figure i can use that to get a C5 corvette, and spend 2k in modding that for now.
sounds good to me~?
A CD plan sounds great, im going to look into trying to find a solid interest rate with 100,000 then im not sure about housing yet because id like to open up a german car shop/body shop. (i have an e30 that is for sale i put over 3k in that car already lol.)
and id like to play around with about 50,000 in a mutual fund overseas or something like that will give me a 12% interest rate.
I currently have a boosted v6 mustang that needs to be rebuilt, a supercharged Frontier, and a 92 16g accord thats being built, plus the e30 im selling. I kind of want to sell everything but the accord and figure it out from there.
i have about 20K in assets just sitting here, so i figure i can use that to get a C5 corvette, and spend 2k in modding that for now.
sounds good to me~?
#79
Re: I settled a lawsuit for 275,000$ - ideas on builds?
Honestly I'd wait on the business.
Now isn't the time to be starting a business, tight fiscal policy is headed our way and everyone already knows it. People are pretty predictable with spending, and even though we should be spending right now, people are going to hang on to what they got.
You should look into overseas investment, but a good start would be buying up stocks that recently crashed on the U.S. market, in that respect you could buy out a business in 2-3 years rather than starting a new one (like previously stated 9/10 tank, and take all your money with it).
Keep it to stocks/real assets for now.
In a few years when that lumps into something much more substantial then take what profit you made from the banks and buy what ever the hell you want, then see how much appreciation you've gained in assets.
If you've been keeping thorough track of things in the market I'd reckon you could make enough money to start your business and buy a new Z06.
Now isn't the time to be starting a business, tight fiscal policy is headed our way and everyone already knows it. People are pretty predictable with spending, and even though we should be spending right now, people are going to hang on to what they got.
You should look into overseas investment, but a good start would be buying up stocks that recently crashed on the U.S. market, in that respect you could buy out a business in 2-3 years rather than starting a new one (like previously stated 9/10 tank, and take all your money with it).
Keep it to stocks/real assets for now.
In a few years when that lumps into something much more substantial then take what profit you made from the banks and buy what ever the hell you want, then see how much appreciation you've gained in assets.
If you've been keeping thorough track of things in the market I'd reckon you could make enough money to start your business and buy a new Z06.