What would you do with this extra money.
I would spend, or donate to charities, before the government finds out.
Buy an apartment, a house? Definetly a permanent living space that you couldn’t be kicked out of
donate some to the poor.
Second! buy a property.
You can send it to me!
Seriously, if you have that money,
You should make a down payment on a house.
Would you buy a house or apartment for that money in America @goldenrex ?
I would pay off my house or possibly buy another house to use as a rental property.
It depends on what part of America you are talking about. In the rural Midwest, you could buy 3 decent homes for that price. Where I live, you could buy 1. In more expensive areas, you could only use it for a down payment.
That would hardly be enough for a down payment where I live.
For a conventional loan, anyway.
But it’d be a nice start.
Ha imagine having three homes
If I bought another home one day, I would probabbly give it to my sister.
it’s an interesting figure, cuz that’s what my house cost when I bought it, 125K. got a government loan. USDA.
125k? I would buy my council flat. Having that amount in my bank would screw my disabilty benefits, so id spend it as quick as possible!
im not sure what i would do with the money. right now dad has invested for me about 30k i will inherit when he dies. can’t have more than a couple grand and stay on medicaid though. i would be tempted to start a youtube channel and use the money for travel and production. i can’t really buy a nice house in my hometown for 125k though. i’ve also thought about paying for my niece and nephews college with my extra money and staying in subsidized apartments. another thought i had was to travel to europe and to stay until i was deported haha.
what about Your college?
maybe online. no interest in going to a brick and mortar at my age. plus i don’t really want to work, so what’s the point in getting a degree? and i don’t know what i would study? maybe economics or spanish or nutrition?
Covert the garage into a granny annexe
well, just as an accomplishment.
I’m the first person in my immediate family to earn a college degree.
After that, I did some online learning, but rarely liked the instructor, even one, after telling me my essays were like creative writing,
told me I should drop the course. hmm.
well, I’m derailing this thread, sorry all.
you should invest it into index funds, for the rest of your life. if you had invested the money six years again, you’d have over a quarter million in the s and p 500. if you invested it ten or eleven years ago, you’d be well on your way to probably like half a million. in the nasdaq you’d have over 400 thousand. the s and p better represents the overall market though. i’m super knowledgeable about investing for the long haul if you want more info.