What would you do if you had this much to invest, play with, or other?

ezbtr

Captain
Joined
May 1, 2002
Messages
3,094
I am so curious!
$500-$1000

$1000-$5000

$5000-$10000

$10000-$20000

and had no bills, a decent down on a house, or already own one, and any mix of above - :)

not sure how to make this a poll.
 

puddle jumper

Captain
Joined
Jul 5, 2006
Messages
3,830
Re: What would you do if you had this much to invest, play with, or other?

$500-$20,000 probably save for a rainy day or retirement.

Ok the wife not looking, a new out board for the boat and then save for a rainy day.
 

rbh

Fleet Admiral
Joined
Mar 21, 2009
Messages
7,939
Re: What would you do if you had this much to invest, play with, or other?

Are you sure all my bills are paid???

20% on unsecured, 80% on most trusted.
 

JB

Honorary Moderator Emeritus
Joined
Mar 25, 2001
Messages
45,907
Re: What would you do if you had this much to invest, play with, or other?

Low risk, dividend paying portfolio.
 

paultjohnson

Lieutenant Commander
Joined
Jul 29, 2010
Messages
1,560
Re: What would you do if you had this much to invest, play with, or other?

I would wake up from my dream and come back to the reality that I am so broke I cant even afford to pay attention:(:facepalm:
 

scipper77

Commander
Joined
Sep 30, 2008
Messages
2,106
Re: What would you do if you had this much to invest, play with, or other?

max out my 403b contribution at work and use that money to offset the income that is now going into the 403b. Hold the cash in a money market account for the short term. Alternatively, a roth IRA for some of it.

While recent history suggests 401k/403b's are not as safe of an investment as they were once thought to be, so is pretty much everything else when the market takes a bath.

The other line of thinking I have on this is to "diversify". Pretty much all of my eggs are in the 403b basket right now (and a 401k on the wife's side). The wife and I are following a David Ramsey's strategy right now where we need to pay off all debt, then save 5-6 months income, then invest heavily. Between buying the house, 2 student loans, car payments, kids in daycare, etc we piled on some debt getting established. Now we are in a good place and actively turning that all around.

Saving 5-6 months income is important because a year of unemployment can easily negate 5 years of retirement savings if you have to tap into that cash to survive.
 

LippCJ7

Vice Admiral
Joined
Sep 20, 2010
Messages
5,431
Re: What would you do if you had this much to invest, play with, or other?

$500-$1000 Beer and gas

$1000-$5000 Ammunition

$5000-$10000 Ammunition and a new gun

$10000-$20000 Ammunition and a real big gun
 

thurps

Chief Petty Officer
Joined
Jan 14, 2007
Messages
538
Re: What would you do if you had this much to invest, play with, or other?

See the above.

22LR
308 NATO
9MM
30-06

Ammo is going up faster than gold.
 

ezbtr

Captain
Joined
May 1, 2002
Messages
3,094
Re: What would you do if you had this much to invest, play with, or other?

You guys are great, hilarious and damn smart!!! Thanks!! :)
 

ezbtr

Captain
Joined
May 1, 2002
Messages
3,094
Re: What would you do if you had this much to invest, play with, or other?

oh, and percentage wise, I'm going to do a bit of all!! :)
 

partskenn

Petty Officer 1st Class
Joined
Jan 23, 2011
Messages
249
Re: What would you do if you had this much to invest, play with, or other?

$20,000 for a real big gun? For that price, I'm thinking howitzer. Always did want one sitting out in the front yard.
 

LippCJ7

Vice Admiral
Joined
Sep 20, 2010
Messages
5,431
Re: What would you do if you had this much to invest, play with, or other?

$20,000 for a real big gun? For that price, I'm thinking howitzer. Always did want one sitting out in the front yard.

Close, its no longer considered anti personnel

M82D.jpg


Barrett M82A1
deadly from 3 miles away in the hands of the US Armed Forces Sniper

I plan on being deadly from a couple hundred yards, that would make me happy

Current prices are in the $12,000 range with BORS sighting system included
this gun just makes me all tingely inside!!:D
 

jkust

Rear Admiral
Joined
Aug 2, 2008
Messages
4,942
Re: What would you do if you had this much to invest, play with, or other?

I am so curious!
$500-$1000 - $1000-$5000 -$5000-$10000 - $10000-$20000 -
and had no bills, a decent down on a house, or already own one, and any mix of above - :)

not sure how to make this a poll.

$500-$1000 - Fill up all my gas tanks
$1000-$5000 - Save it
$5000-$10000 - Replace my commuter car
$10000-$20000 - Invest it

In reality I keep at least 100k in cash for a rainy day. It sits in a account earning next to nothing and I sleep better at night.
 

LippCJ7

Vice Admiral
Joined
Sep 20, 2010
Messages
5,431
Re: What would you do if you had this much to invest, play with, or other?

jkust, at the risk of sounding like the doom and gloom guy again, you would be better served having half of that $100k in gold and silver, in your safe.....
 

rbh

Fleet Admiral
Joined
Mar 21, 2009
Messages
7,939
Re: What would you do if you had this much to invest, play with, or other?

jkust, at the risk of sounding like the doom and gloom guy again, you would be better served having half of that $100k in gold and silver, in your safe.....

Or as liquid stock in my soon to be built basement bar. :D
 

kenmyfam

Supreme Mariner
Joined
Aug 10, 2006
Messages
14,392
Re: What would you do if you had this much to invest, play with, or other?

$500 to $1000, save it till I had more.
$1000 to $5000, Caribbean vacation
$5000 to 10000, 2 Caribbean vacations
$10000 to $20000 4 Caribbean vacations

Invest the change !!!!!!! :D
 

dingbat

Supreme Mariner
Joined
Nov 20, 2001
Messages
16,434
Re: What would you do if you had this much to invest, play with, or other?

$500-$1000 - fill the boat with gas for this weekend

$1000-$5000 - Buy a new radar dome and a bow pulpit with windlass

$5000-$10000 - Have the bottom of the swimming pool painted

$10000-$20000 - Put it towards fencing the side field or add a couple more stalls to the barn
 

QC

Supreme Mariner
Joined
Mar 22, 2005
Messages
22,783
Re: What would you do if you had this much to invest, play with, or other?

$500-$1000 - Havasu this week(end) as budget is keeping us home . . . :(

Mrs QC thinks we can go for $300, I say $500. Yes, I have this backwards. I should tell her $200 and then we'd go.

$1000-$5000 - Havasu + save

$5000-$10000 - Havasu + save more + pay off car

$10000-$20000 - Havasu + save even more + pay off car + plan for Mrs. QCs 50th in July
 

WIMUSKY

Moderator
Staff member
Joined
Sep 26, 2009
Messages
20,105
Re: What would you do if you had this much to invest, play with, or other?

I see how you put Mrs QC's 50th on the bottom of the list.:eek:
 

QC

Supreme Mariner
Joined
Mar 22, 2005
Messages
22,783
Re: What would you do if you had this much to invest, play with, or other?

I see how you put Mrs QC's 50th on the bottom of the list.:eek:

Fact is, I have to do something for her B-day no matter what. With a bigger chunk I think I'd go big. I knew someone would call me on that . . . Doh!
 
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