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A Day InThe Life
Jack of All


Registered: 03/06/09
Posts: 1,175
Loc: Canada
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Say you were to recieve an inheritance..
#18977919 - 10/14/13 06:46 PM (10 years, 3 months ago) |
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..of $40k, how would you spend/invest it?
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nicechrisman
Interdimensional space wizard



Registered: 11/07/03
Posts: 33,241
Last seen: 4 years, 6 months
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I would do some research on inexpensive countries that I would like to live in and see how far it would take me and consider moving there.
-------------------- "Cosmic Love is absolutelely ruthless and highly indifferent: it teaches its lessons whether you like/dislike them or not." John C. Lily
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Mush4Brains
LOOL HACKED!!!

Registered: 07/31/13
Posts: 4,419
Last seen: 9 years, 2 months
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Re: Say you were to recieve an inheritance.. [Re: nicechrisman] 2
#18977944 - 10/14/13 06:49 PM (10 years, 3 months ago) |
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Blow. I don't even do blow, but I would spend it all on blow.
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nicechrisman
Interdimensional space wizard



Registered: 11/07/03
Posts: 33,241
Last seen: 4 years, 6 months
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Re: Say you were to recieve an inheritance.. [Re: Mush4Brains]
#18977959 - 10/14/13 06:50 PM (10 years, 3 months ago) |
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No hookers?
-------------------- "Cosmic Love is absolutelely ruthless and highly indifferent: it teaches its lessons whether you like/dislike them or not." John C. Lily
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Mush4Brains
LOOL HACKED!!!

Registered: 07/31/13
Posts: 4,419
Last seen: 9 years, 2 months
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Re: Say you were to recieve an inheritance.. [Re: nicechrisman] 1
#18977973 - 10/14/13 06:52 PM (10 years, 3 months ago) |
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I'd pay for the hookers with the blow.
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Sheekle
FREE BURKE



Registered: 01/11/10
Posts: 53,153
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Re: Say you were to recieve an inheritance.. [Re: nicechrisman]
#18977977 - 10/14/13 06:52 PM (10 years, 3 months ago) |
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pay off all the money I owe, then I dunno
-------------------- "Ur cat died because he hated u" - Koods "I hope JSB kicks your ass one day." - Vandago "you are the biggest 'internet guy' I have ever come across"- Jokeshopbeard "The more I see you post the more I realize you're just this fuckin tie dye loser who trolls the Shroomery 24/7." - Herbologist "Sheekle you cannot vile the dice of bullshit you have posted on this forum over the years, I like databases" - thelastoneleft "or maybe i just come from a blood line of superior intelligence" - trees R.I.P Kelsy, ?/?/?? - 6/11/16
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Not Responding
Busted Liar...


Registered: 09/17/13
Posts: 6,755
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Quote:
A Day InThe Life said: just came across a bunch of money. how would you spend it?
id lend out some money to a few members who could really use it...
me.
-------------------- Dear Kratom, I've been numb for so long that I forgot how to feel So I don't care if it will break my heart, Just fuck me till I disappear
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rackem



Registered: 11/27/09
Posts: 14,024
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40k throw that shit into a safe investment and forget its there.
40k is a bunch of money but not enough to go balls deep.
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Shortknight



Registered: 02/25/13
Posts: 2,164
Last seen: 6 years, 5 months
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Re: Say you were to recieve an inheritance.. [Re: rackem]
#18978011 - 10/14/13 06:58 PM (10 years, 3 months ago) |
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Wow the things I could do with 40k. Take a load of my life, and be on the gravy train for quite some time!
Shorty
-------------------- Did I say it too loud? Big heart? Or a little misleading!
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psi
TOAST N' JAM


Registered: 09/05/99
Posts: 31,456
Loc: 613
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Re: Say you were to recieve an inheritance.. [Re: Shortknight]
#18978038 - 10/14/13 07:02 PM (10 years, 3 months ago) |
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Down payment on a house probably.
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A Day InThe Life
Jack of All


Registered: 03/06/09
Posts: 1,175
Loc: Canada
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Re: Say you were to recieve an inheritance.. [Re: Not Responding]
#18978042 - 10/14/13 07:03 PM (10 years, 3 months ago) |
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Quote:
Not Responding said:
Quote:
A Day InThe Life said: just came across a bunch of money. how would you spend it?
id lend out some money to a few members who could really use it...
me.
Lol, funny guy.
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Not Responding
Busted Liar...


Registered: 09/17/13
Posts: 6,755
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Re: Say you were to recieve an inheritance.. [Re: psi]
#18978046 - 10/14/13 07:04 PM (10 years, 3 months ago) |
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so does that mean i get some money? i made you smile bro!
-------------------- Dear Kratom, I've been numb for so long that I forgot how to feel So I don't care if it will break my heart, Just fuck me till I disappear
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A Day InThe Life
Jack of All


Registered: 03/06/09
Posts: 1,175
Loc: Canada
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I'd probly pay off my debts/give my mom a good chunk of it. Then maybe buy a vehicle and invest the rest into something. Not sure what though.. I have no idea how to invest money.
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MystiqueMushroom

Registered: 11/01/11
Posts: 4,737
Loc: PNW
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I'd buy a nice camper conversion van for a few grand and travel the states. Opening peoples minds to higher frequencies/altered states of mind. That's my plan anyways, let me know if you wanna team up lol
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Not Responding
Busted Liar...


Registered: 09/17/13
Posts: 6,755
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i hate to break it to you, but i gave you up for adoption cause i thought you had down syndrome...
im your real mother... BRO!
-------------------- Dear Kratom, I've been numb for so long that I forgot how to feel So I don't care if it will break my heart, Just fuck me till I disappear
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A Day InThe Life
Jack of All


Registered: 03/06/09
Posts: 1,175
Loc: Canada
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Quote:
MystiqueMushroom said: I'd buy a nice camper conversion van for a few grand and travel the states. Opening peoples minds to higher frequencies/altered states of mind. That's my plan anyways, let me know if you wanna team up lol
Heh that sounds like fun, maybe I'd have to put away a bit for a summer of festival hopping.. but then moneys starting to get stretched thin and there really isn't much left for investing/saving..
hmm.. Enough money to take the load off your back but not enough to accomplish everything..
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pwnasaurus
Stranger



Registered: 07/16/08
Posts: 12,317
Loc: Canada
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Re: Say you were to recieve an inheritance.. [Re: psi]
#18978098 - 10/14/13 07:15 PM (10 years, 3 months ago) |
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Quote:
psi said: Down payment on a house probably.
This. Down payment on a condo.
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unam sanctum



Registered: 04/20/11
Posts: 6,702
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wealthy people don't spend money, they make it multiply
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NotTheDevil
Transhuman


Registered: 01/08/13
Posts: 5,436
Loc: US
Last seen: 3 years, 1 month
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Re: Say you were to recieve an inheritance.. [Re: Not Responding]
#18978115 - 10/14/13 07:18 PM (10 years, 3 months ago) |
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Quote:
Not Responding said:
Quote:
A Day InThe Life said: just came across a bunch of money. how would you spend it?
id lend out some money to a few members who could really use it...
me.
But how would they ever pay you back?
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A Day InThe Life
Jack of All


Registered: 03/06/09
Posts: 1,175
Loc: Canada
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Re: Say you were to recieve an inheritance.. [Re: unam sanctum]
#18978116 - 10/14/13 07:18 PM (10 years, 3 months ago) |
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Quote:
unam sanctum said: wealthy people don't spend money, they make it multiply
so how would you go about multiplying it then?
Edited by A Day InThe Life (10/14/13 07:21 PM)
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NotTheDevil
Transhuman


Registered: 01/08/13
Posts: 5,436
Loc: US
Last seen: 3 years, 1 month
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fapjack
Title



Registered: 07/26/07
Posts: 16,574
Loc: Central New Jersey
Last seen: 3 years, 10 months
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Re: Say you were to recieve an inheritance.. [Re: NotTheDevil]
#18978135 - 10/14/13 07:23 PM (10 years, 3 months ago) |
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Try to buy a really good job from corrupt politicians.
--------------------
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unam sanctum



Registered: 04/20/11
Posts: 6,702
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do you have any skill sets?
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SkeletalSpore
♥$♄ґ◎◎мεя⑂♥



Registered: 01/25/13
Posts: 602
Loc: Lake Titicaca, Canada
Last seen: 5 years, 7 months
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Re: Say you were to recieve an inheritance.. [Re: fapjack]
#18978146 - 10/14/13 07:25 PM (10 years, 3 months ago) |
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the amount of weed you could get with 4... jk, I would recommend investing 80% of it into a savings plan, or pay off all your debts
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Psilosopherr
A psilly goose



Registered: 02/15/12
Posts: 12,278
Last seen: 1 month, 10 days
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Re: Say you were to recieve an inheritance.. [Re: nicechrisman]
#18978151 - 10/14/13 07:26 PM (10 years, 3 months ago) |
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Quote:
nicechrisman said: I would do some research on inexpensive countries that I would like to live in and see how far it would take me and consider moving there.
thats probably the best answer.
Go to fucking thailand and you could maybe live the rest of your life on that money.
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A Day InThe Life
Jack of All


Registered: 03/06/09
Posts: 1,175
Loc: Canada
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Re: Say you were to recieve an inheritance.. [Re: unam sanctum]
#18978181 - 10/14/13 07:31 PM (10 years, 3 months ago) |
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Quote:
unam sanctum said: do you have any skill sets?
Well I'm in school for a per-apprenticeship program for motorcycle mechanics. Will be looking for an apprenticeship for next spring. I've always wanted to fix up junk bikes from classifieds and sell for a profit on the side but that doesn't exactly take a whole lot of investment.
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pwnasaurus
Stranger



Registered: 07/16/08
Posts: 12,317
Loc: Canada
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Put a down payment on a house. Not paying rent is definitely one of the best ways to start growing your equity.
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A Day InThe Life
Jack of All


Registered: 03/06/09
Posts: 1,175
Loc: Canada
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Re: Say you were to recieve an inheritance.. [Re: pwnasaurus]
#18978192 - 10/14/13 07:34 PM (10 years, 3 months ago) |
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you'd still have to pay mortgage payments for quite some time till you pay off the house.
EDIT: nvm lol, What if you don't want to be stuck in one spot quite yet at this point in your life?
Edited by A Day InThe Life (10/14/13 07:37 PM)
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pwnasaurus
Stranger



Registered: 07/16/08
Posts: 12,317
Loc: Canada
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Quote:
A Day InThe Life said: you'd still have to pay mortgage payments for quite some time till you pay off the house.
No shit, but you're paying money towards the principal (ie yourself / your net worth) not just throwing money away to your landlord.
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vertygo
Stranger



Registered: 04/16/09
Posts: 355
Last seen: 2 years, 8 months
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Either get 1 $40,000 hooker or 40,000 $1 hookers.
-------------------- +++ Trade List +++
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fatflash
Commodore


Registered: 01/15/13
Posts: 369
Last seen: 21 days, 12 hours
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Re: Say you were to recieve an inheritance.. [Re: psi]
#18978208 - 10/14/13 07:36 PM (10 years, 3 months ago) |
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Quote:
psi said: Down payment on a house probably.
I'm with him 40k is a lot but not that much really 40k cash down on a house.....shit talk about low mortgage rate
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rew736
Your local stranger



Registered: 12/17/12
Posts: 1,145
Loc: New York, United States
Last seen: 3 years, 3 months
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Re: Say you were to recieve an inheritance.. [Re: pwnasaurus]
#18978210 - 10/14/13 07:37 PM (10 years, 3 months ago) |
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Or invest in bonds. Very safe, and if you know what you are doing, you can invest whatever is left over (after paying off debt) and get like 10% return. There was one canadian province with an AA rating and 8%. It was either 6 mo, or a full year...
-------------------- My trade list malicom said: "Banana's emit radiation. In fact banannas are the standard in detecting solar radiation. The radiation read from a bananna tells scientists how active the sun was during the growing season. Make sure to steer clear of bananas too." seekaytea said: "I need to stop spending all my money on plants and take up a cheaper hobby, like heroin." Wiccan_Seeker said: "Your knowledge on male-on-male rape and willingness to engage in fantasy regarding the matter is commendable." eminemvs.slimshady said: "I want to know if they are active and magic or not. And if they are not active, can i pick them before they are active and then they will become active or do they have to grow till they activate?"
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nicechrisman
Interdimensional space wizard



Registered: 11/07/03
Posts: 33,241
Last seen: 4 years, 6 months
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40,000 cups of coffee
-------------------- "Cosmic Love is absolutelely ruthless and highly indifferent: it teaches its lessons whether you like/dislike them or not." John C. Lily
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fapjack
Title



Registered: 07/26/07
Posts: 16,574
Loc: Central New Jersey
Last seen: 3 years, 10 months
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Re: Say you were to recieve an inheritance.. [Re: nicechrisman]
#18978220 - 10/14/13 07:39 PM (10 years, 3 months ago) |
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40,000 cups of piss out of your asshole mud more like it. I can't even get a cup of coffee for $2 around me.
--------------------
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Psilosopherr
A psilly goose



Registered: 02/15/12
Posts: 12,278
Last seen: 1 month, 10 days
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Re: Say you were to recieve an inheritance.. [Re: fapjack]
#18978222 - 10/14/13 07:39 PM (10 years, 3 months ago) |
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I hear gold is a great investment right now
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A Day InThe Life
Jack of All


Registered: 03/06/09
Posts: 1,175
Loc: Canada
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Re: Say you were to recieve an inheritance.. [Re: fatflash]
#18978225 - 10/14/13 07:39 PM (10 years, 3 months ago) |
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Hmm.. Maybe you're right.. Any way of multiplying it a little before you spend it all on a down payment?
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nicechrisman
Interdimensional space wizard



Registered: 11/07/03
Posts: 33,241
Last seen: 4 years, 6 months
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slingin rocks
-------------------- "Cosmic Love is absolutelely ruthless and highly indifferent: it teaches its lessons whether you like/dislike them or not." John C. Lily
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NotTheDevil
Transhuman


Registered: 01/08/13
Posts: 5,436
Loc: US
Last seen: 3 years, 1 month
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Re: Say you were to recieve an inheritance.. [Re: fapjack]
#18978230 - 10/14/13 07:41 PM (10 years, 3 months ago) |
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Quote:
fapjack said: 40,000 cups of piss out of your asshole mud more like it. I can't even get a cup of coffee for $2 around me.
Quote:
fapjack said: 40,000 cups of piss out of your asshole mud more like it. I can't even get a cup of coffee for $2 around me.
Make it yourself, lazy
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nicechrisman
Interdimensional space wizard



Registered: 11/07/03
Posts: 33,241
Last seen: 4 years, 6 months
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Re: Say you were to recieve an inheritance.. [Re: NotTheDevil] 1
#18978235 - 10/14/13 07:41 PM (10 years, 3 months ago) |
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Obviously not Futurama fans.
-------------------- "Cosmic Love is absolutelely ruthless and highly indifferent: it teaches its lessons whether you like/dislike them or not." John C. Lily
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Patlal
You ask too many questions



Registered: 10/09/10
Posts: 44,797
Loc: Ottawa
Last seen: 1 hour, 17 minutes
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Re: Say you were to recieve an inheritance.. [Re: nicechrisman]
#18978256 - 10/14/13 07:45 PM (10 years, 3 months ago) |
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Real Estate.
Aren't I full of surprises!
--------------------
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unam sanctum



Registered: 04/20/11
Posts: 6,702
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Quote:
A Day InThe Life said: Well I'm in school for a per-apprenticeship program for motorcycle mechanics. Will be looking for an apprenticeship for next spring. I've always wanted to fix up junk bikes from classifieds and sell for a profit on the side but that doesn't exactly take a whole lot of investment.
that's fun and at least you're hands on that's gonna save you a lot in general. but unless you already have the land/space you'll be stretched to start up a shop making a profit, which is the idea. go to money matters forum and get some real advice on how to invest. put it somewhere it does good but you can sill get to it if you have to. take 10k from the start if you want to have some fun, but having blown thousands myself I advise you don't.
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fapjack
Title



Registered: 07/26/07
Posts: 16,574
Loc: Central New Jersey
Last seen: 3 years, 10 months
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Re: Say you were to recieve an inheritance.. [Re: NotTheDevil]
#18978345 - 10/14/13 08:02 PM (10 years, 3 months ago) |
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Quote:
NotTheDevil said:
Quote:
fapjack said: 40,000 cups of piss out of your asshole mud more like it. I can't even get a cup of coffee for $2 around me.
Quote:
fapjack said: 40,000 cups of piss out of your asshole mud more like it. I can't even get a cup of coffee for $2 around me.
Make it yourself, lazy 
I make coffee everyday. Fuck wasting all that money, I drink way too much coffee to buy it everyday.
--------------------
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Psilosopherr
A psilly goose



Registered: 02/15/12
Posts: 12,278
Last seen: 1 month, 10 days
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Re: Say you were to recieve an inheritance.. [Re: fapjack]
#18978362 - 10/14/13 08:05 PM (10 years, 3 months ago) |
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Quote:
fapjack said:
Quote:
NotTheDevil said:
Quote:
fapjack said: 40,000 cups of piss out of your asshole mud more like it. I can't even get a cup of coffee for $2 around me.
Quote:
fapjack said: 40,000 cups of piss out of your asshole mud more like it. I can't even get a cup of coffee for $2 around me.
Make it yourself, lazy 
I make coffee everyday. Fuck wasting all that money, I drink way too much coffee to buy it everyday.
people who buy 4 dollar cups of coffee are fucking newbs.
or wealthier than I..
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Brakepad
Fuck society


Registered: 11/29/12
Posts: 163
Last seen: 9 years, 7 months
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Re: Say you were to recieve an inheritance.. [Re: fapjack]
#18978380 - 10/14/13 08:07 PM (10 years, 3 months ago) |
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Invest it in some industrial hemp
--------------------
Cactus.
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unknown1123
Experimental

Registered: 05/15/08
Posts: 5,813
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Re: Say you were to recieve an inheritance.. [Re: Patlal]
#18978386 - 10/14/13 08:08 PM (10 years, 3 months ago) |
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Buy some place/real estate you can rent out. look up leases, talk to a lawyer and look up your local laws and become a landlord. put ~25k down on a ~100k property that is ready to be rented, near a big job place or university. Make rent be enough to cover mortgage, taxes, utils, and maybe a couple hundred extra to invest back into the property.
rinse repeat till you have 4-5 properties and wait till they're paid off. then you're looking at 3-4K extra income a month.
Ideally, you'd buy a house with a 2 story garage and covert the garage into your place while you rent out the house. It will net you more money. You keep working your job and use the extra 10k to be a guard against anyone not moving into for ~10 months and the left over 5k to renovate your garage to make it livable until you have lessees to start paying rent that will go towards your mortgage payment.
with 25% down on a place you may be able to get away with a 15y loan, the house will be paid for by then and you will be able to upgrade to a somewhat past neighbor hood standards, ie new kitchen, bathrooms, floors, and watch your investment grow.
wrote this with one hand so ignore grammar and spelling
--------------------
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A Day InThe Life
Jack of All


Registered: 03/06/09
Posts: 1,175
Loc: Canada
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Re: Say you were to recieve an inheritance.. [Re: unknown1123]
#18978455 - 10/14/13 08:21 PM (10 years, 3 months ago) |
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Quote:
unknown1123 said: Buy some place/real estate you can rent out. look up leases, talk to a lawyer and look up your local laws and become a landlord. put ~25k down on a ~100k property that is ready to be rented, near a big job place or university. Make rent be enough to cover mortgage, taxes, utils, and maybe a couple hundred extra to invest back into the property.
rinse repeat till you have 4-5 properties and wait till they're paid off. then you're looking at 3-4K extra income a month.
Ideally, you'd buy a house with a 2 story garage and covert the garage into your place while you rent out the house. It will net you more money. You keep working your job and use the extra 10k to be a guard against anyone not moving into for ~10 months and the left over 5k to renovate your garage to make it livable until you have lessees to start paying rent that will go towards your mortgage payment.
with 25% down on a place you may be able to get away with a 15y loan, the house will be paid for by then and you will be able to upgrade to a somewhat past neighbor hood standards, ie new kitchen, bathrooms, floors, and watch your investment grow.
wrote this with one hand so ignore grammar and spelling

I like this idea the most, although I feel like I'd need to save a little more myself before I can start that.
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LySergic D
Drink all day and rock all night


Registered: 10/20/11
Posts: 7,583
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I would buy a 10 pack of LSD and put a down payment on a nice house to eat the LSD in.
--------------------
Broken heart don't feel so bad You ain't got half of what you thought you had Rock you baby to and fro Not too fast and not too slow
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SattvaBodhi
nobody

Registered: 08/09/13
Posts: 392
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I would buy a foreclosed house in Colorado for 10K and spend the rest on fixing it up.
-------------------- My ETSY shop .. stop by and look ***Disclaimer*** Everything I say in my posts is false. I have never done any drugs nor will I ever. Drugs are bad mmkay.
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teamkiller
ghetto drama whore



Registered: 06/06/11
Posts: 8,806
Last seen: 3 months, 12 days
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Re: Say you were to recieve an inheritance.. [Re: SattvaBodhi]
#18978805 - 10/14/13 09:26 PM (10 years, 3 months ago) |
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please ban the OP for making this thread when we had the exact same thread yesterday or the day before.
also ban anyone who wants to move to colorado.
--------------------
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nicechrisman
Interdimensional space wizard



Registered: 11/07/03
Posts: 33,241
Last seen: 4 years, 6 months
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Re: Say you were to recieve an inheritance.. [Re: teamkiller]
#18978815 - 10/14/13 09:28 PM (10 years, 3 months ago) |
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#plzbanteamkiller
-------------------- "Cosmic Love is absolutelely ruthless and highly indifferent: it teaches its lessons whether you like/dislike them or not." John C. Lily
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NotTheDevil
Transhuman


Registered: 01/08/13
Posts: 5,436
Loc: US
Last seen: 3 years, 1 month
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Re: Say you were to recieve an inheritance.. [Re: teamkiller] 1
#18978867 - 10/14/13 09:38 PM (10 years, 3 months ago) |
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Quote:
teamkiller said: please ban the OP for making this thread when we had the exact same thread yesterday or the day before.
also ban anyone who wants to move to colorado.
What we had was a thread on how to spend 50k in illegal money
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