2006-07-11 06:55:58 · 57 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
invest it in transportation.
2006-07-11 07:07:12 · answer #1 · answered by Anonymous · 0⤊ 1⤋
I'd buy 2 nice pre-owned fuel effecient vehicle one for myself and one for my wife. I'd put a down payment on a condo, remodel it and flip it making $50k or more in profit. I'd reinvest that money into flipping condos/homes until I had half a million dollars or more. When I had that amount of money I'd go buy a really nice home and pay it in full. Then I'd take out some small loans against the house and put the money into an aggresive long term mutual funds or stocks. If I put $20k into a long term mutual fund I'm almost gauranteed 2 mil upon retirement at age 65. When my son is college age in about 16 years, the value of the house will have probably doubled or more and the loan I would have taken out to invest will have been paid. I would sell the house for 1 million dollars or more and move to a very small home with my wife on the beach somewhere and put my son through the college of his choice.
2006-07-11 07:02:36 · answer #2 · answered by bombhaus 4 · 0⤊ 0⤋
effecient vehicle one for myself and one for my wife. I'd put a down payment on a condo, remodel it and flip it making $50k or more in profit. I'd reinvest that money into flipping condos/homes until I had half a million dollars or more. When I had that amount of money I'd go buy a really nice home and pay it in full. Then I'd take out some small loans against the house and put the money into an aggresive long term mutual funds or stocks. If I put $20k into a long term mutual fund I'm almost gauranteed 2 mil upon retirement at age 65. When my son is college age in about 16 years, the value of the house will have probably doubled or more and the loan I would have taken out to invest will hav
2014-12-09 18:31:52 · answer #3 · answered by Ahitraa 3 · 0⤊ 0⤋
What would you do if you won $100,000?
that ez make in to more $$$ and go to school
2006-07-11 06:58:28 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Finish remodeling our house and pay it off. Then put it up for sale and move closer to my husband's work. Probably buy the kids a few things on their wish list.
2006-07-11 07:01:04 · answer #5 · answered by blondeqtpie13 6 · 0⤊ 0⤋
Pay off my debts I gathered whilst I was a student and what ever is left put towards the trust fund for my kids
2006-07-11 06:58:59 · answer #6 · answered by Anonymous · 0⤊ 0⤋
I would invest some, maybe do a little shopping, travel, buy some stock, save some for college, or maybe give some up to charity.
2006-07-11 06:59:09 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Pay off the car, travel some, save some and go back to college.
2006-07-11 06:57:26 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Pay off a couple bills. Put some away for my kids college. Invest some. and put some away for retirement.
2006-07-11 06:58:43 · answer #9 · answered by mikiewho2000 1 · 0⤊ 0⤋
Send it to some organization that could provide a little food to the starving children of Africa.
2006-07-11 06:58:51 · answer #10 · answered by Anonymous · 0⤊ 0⤋
Put a down payment on a house, go to hawaii, and invest the rest!
2006-07-11 06:59:40 · answer #11 · answered by LilLiE 4 · 0⤊ 0⤋