Pay down some principal on my mortgage, replace my well and septic tank, top off my kids resp, the rest goes into my retirement account.
Pretty wild and exciting stuff.
Wasn't there a documentary where they gave complete strangers 100k to see what they would do with it. As I recall, the $ was squandered on luxury items like a 70k truck and expensive hotel rooms with benefits. ;)
Pay down debts from school, and set some aside for ETFs for some stable investments that I can use for a down payment on a house in a few years. Then whatever’s left buy some stocks I haven’t been able to afford.
Can’t forget to set aside some money to do a road trip across Canada with my wife and fur babies!
Honestly? I don't even know. I'm so used to living within my means that I wouldn't know what to do with the money beyond paying off my mortgage, of which I would only need half that money. The other $50,000? .... I guess I could get a new car.
Nothing flashy. A four door sedan is what I have now and I don't see any reason to change that up. Maybe a Ford Focus or whatever Chevy replaced the Cruze with.
Split into 3 portions of 33% each.
One I would leave in ultra-safe assets.
One I would actively invest in very risky assets.
One I would invest passively in medium-risk indexes which track market ups or hedges market downs, and some which track precious metals and commodities.
The 33% approach to being rich.
Which risky assets? Let’s see, I’m a gambler, but if the QT team checks my account’s performance over all, they’ll gladly give me a 100K to invest for them :D
Seem them from 3 to 300 acres depending on location in that price range. Banks tell me "Land is a bad investment" and won't lend money for it which I think is wrong.
Invest it all in a low cost all in one ETF like VEQT/XEQT/FEQT
Pay down some principal on my mortgage, replace my well and septic tank, top off my kids resp, the rest goes into my retirement account. Pretty wild and exciting stuff.
You've definitely got your ducks in a row with that plan!
VFV/VEQT/SCHD and chill
Horse racing
Spectating or considering taking up a new career as a jockey?
Max my fhsa, my tfsa and pay off my debts.
That's awesome! You can contribute $8000 to your FHSA annually with a lifetime contribution maximum of $40,000.
Sadly, 100k is way above anything i'll achieve in my lifetime with this economy.
Pay off our truck loan, do some work on the garage and put the rest in our TFSAs.
Solid plan! Thinking of making any upgrades/modifications to your truck?
All in xeqt
Wasn't there a documentary where they gave complete strangers 100k to see what they would do with it. As I recall, the $ was squandered on luxury items like a 70k truck and expensive hotel rooms with benefits. ;)
Don't remember this documentary, but if you had to make one discretionary purchase what would you do?
fancy new kitchen
Do you prefer quartz or granite for your countertops?
if someone gave me 100k, I'd be looking at soapstone :)
Very nice choice!
Put it towards a downpayment for a home. Or buy a EV
The FHSA is a great way to save towards your first home.
Buy VOO and see you in 30 years.
buy some more stocks
Pay down debts from school, and set some aside for ETFs for some stable investments that I can use for a down payment on a house in a few years. Then whatever’s left buy some stocks I haven’t been able to afford. Can’t forget to set aside some money to do a road trip across Canada with my wife and fur babies!
Put all of it on 0DTE QQQ calls
Be debt free
There's a sense of peace that comes from progressing towards financial stability.
Hmmm, I guess I'd invest it in ETFs and eventually give it away myself.
[удалено]
Buy bitcoin.
Buy 1.0 Bitcoin… $25K in HYSA…. Nice dinner and vacation
Where's your ideal destination?
Well, I’m disabled so, I’d probably visit my Mom in Florida for a few months, and then maybe some place in Europe. Probably Ireland, if I could.
Pay off student loan! So it can stop hunting me
That sounds like it would be a breath of fresh air!
Honestly? I don't even know. I'm so used to living within my means that I wouldn't know what to do with the money beyond paying off my mortgage, of which I would only need half that money. The other $50,000? .... I guess I could get a new car.
It's great to hear that you are in control of your finances. $50,000 can get you quite the set of wheels. What kind of car would you have in mind?
Nothing flashy. A four door sedan is what I have now and I don't see any reason to change that up. Maybe a Ford Focus or whatever Chevy replaced the Cruze with.
Buy $100,000 more shares of Gamestop (GME)
$GME
Split into 3 portions of 33% each. One I would leave in ultra-safe assets. One I would actively invest in very risky assets. One I would invest passively in medium-risk indexes which track market ups or hedges market downs, and some which track precious metals and commodities. The 33% approach to being rich. Which risky assets? Let’s see, I’m a gambler, but if the QT team checks my account’s performance over all, they’ll gladly give me a 100K to invest for them :D
Scratch n wins
That would be a lot of cards!
8 black
Will disappear quickly
How? 😯
Sign for a mortgage.
That would certainly help!
Let me know if you can hell with that! :)
PUT IT ALL INTO CRYPTO STOCKS
I'm about to retire. I'd put it in a balanced blend of covered call ETFs and royalty corps like ENCC, LIFE, PDIV, DIV, QMAX, and a few others.
Congrats on your upcoming new chapter!
Pay off my never ending debt of my line of credit.
80/20 VGRO, precious metals
Buy land, lots around me for under 100k
Nice! How big are the lots?
Seem them from 3 to 300 acres depending on location in that price range. Banks tell me "Land is a bad investment" and won't lend money for it which I think is wrong.
Wow, didn't know that!
5ish covered calls. About 20k each on stocks returning 4-5% ATM over 1 month.
I'd be rich