 Windfall (by Jason [MI]) Apr 25, 2017 2:14 PM
 Windfall (by Pmh [TX]) Apr 25, 2017 2:25 PM
Windfall (by Jason [MI]) Apr 25, 2017 2:29 PM
Windfall (by NE [PA]) Apr 25, 2017 2:59 PM
Windfall (by WMH [NC]) Apr 25, 2017 3:01 PM
Windfall (by gevans [SC]) Apr 25, 2017 3:12 PM
Windfall (by Chris [CT]) Apr 25, 2017 4:26 PM
Windfall (by John... [MI]) Apr 25, 2017 4:41 PM
Windfall (by Jason [MI]) Apr 25, 2017 4:42 PM
Windfall (by DJ [VA]) Apr 25, 2017 4:51 PM
Windfall (by JR [ME]) Apr 25, 2017 4:53 PM
Windfall (by Vee [OH]) Apr 25, 2017 6:52 PM
Windfall (by Jason [MI]) Apr 25, 2017 7:18 PM
Windfall (by #22 [MO]) Apr 25, 2017 7:31 PM
Windfall (by Moshe [CA]) Apr 25, 2017 8:15 PM
Windfall (by RichE [IL]) Apr 25, 2017 8:32 PM
Windfall (by cjo'h [CT]) Apr 25, 2017 10:04 PM
Windfall (by cjo'h [CT]) Apr 25, 2017 10:15 PM
Windfall (by cjo'h [CT]) Apr 25, 2017 10:25 PM
Windfall (by LivetheDream [AZ]) Apr 25, 2017 11:06 PM
Windfall (by Bill [KY]) Apr 26, 2017 4:27 AM
Windfall (by Bill [KY]) Apr 26, 2017 4:30 AM
Windfall (by S i d [MO]) Apr 26, 2017 4:43 AM
Windfall (by Steve [TN]) Apr 26, 2017 4:49 AM
Windfall (by Richard [MI]) Apr 26, 2017 6:23 AM
Windfall (by Colin [CO]) Apr 26, 2017 7:06 AM
Windfall (by NE [PA]) Apr 26, 2017 8:52 AM
Windfall (by AllyM [NJ]) Apr 26, 2017 9:54 AM
Windfall (by Carolyn [MO]) Apr 26, 2017 10:38 AM
Windfall (by Pmh [TX]) Apr 26, 2017 3:22 PM
Windfall (by Landlord ofthe Flies [TX]) Apr 27, 2017 3:08 PM
Windfall (by Pmh [TX]) Apr 27, 2017 3:23 PM
Windfall (by Pattyk [MO]) Apr 27, 2017 5:03 PM
Windfall (by Ray-N-Pa [PA]) Apr 27, 2017 7:21 PM
Windfall (by Jason [MI]) Posted on: Apr 25, 2017 2:14 PM
Message:
What would you invest in if you got 250k all of a sudden? Not real estate. --70.210.xx.xxx |
Windfall (by Pmh [TX]) Posted on: Apr 25, 2017 2:25 PM
Message:
First split & park in different vehicles. a lot depends on your time horizons. suggest mutual funds at Fidelity and Vanguard to hold until you decide where to go with the $ --104.218.xxx.xx |
Windfall (by Jason [MI]) Posted on: Apr 25, 2017 2:29 PM
Message:
I have plenty of time, don't need the money for 20 years --70.210.xx.xxx |
Windfall (by NE [PA]) Posted on: Apr 25, 2017 2:59 PM
Message:
In 20 years, will it still be $250,000?
--50.32.xxx.xxx |
Windfall (by WMH [NC]) Posted on: Apr 25, 2017 3:01 PM
Message:
Sorry, it would be real estate. --173.22.xx.xx |
Windfall (by gevans [SC]) Posted on: Apr 25, 2017 3:12 PM
Message:
RE for me. Two or three 3/2 brick houses in nice areas, renting at just over $2k/month combined. Paid for, no mortgages. --74.222.xxx.xxx |
Windfall (by Chris [CT]) Posted on: Apr 25, 2017 4:26 PM
Message:
Used Sabre 38... --69.117.xxx.xxx |
Windfall (by John... [MI]) Posted on: Apr 25, 2017 4:41 PM
Message:
Would probably depend on the "safety/risk" of your other investments.
If you had other very-low-risk stuff (and the lots of time, as you mentioned), then I might move it into some riskier things. But, if you already had "normal risk" things along with your real estate, then I'd probably put it into something like a set-year-target (i.e. "I will start touching this money in about 20 years") mutual fund and just let it sit and make money for you.
- John...
--75.133.xxx.xxx |
Windfall (by Jason [MI]) Posted on: Apr 25, 2017 4:42 PM
Message:
Was looking to diversify my portfolio, that's why no real estate. --70.210.xx.xxx |
Windfall (by DJ [VA]) Posted on: Apr 25, 2017 4:51 PM
Message:
It's not an "investment" but I've always thought it would be great fun to take $100K and my three kids, and spend the weekend buying a new car for each of us in cash. As you can see, Even when splurging I'm practical - no Mercedes. --68.105.xxx.xxx |
Windfall (by JR [ME]) Posted on: Apr 25, 2017 4:53 PM
Message:
Not enough info to give a really accurate answer, but I'd start with a 50/50 mix of S and P 500 index and an intermediate term US treasury bond fund or ETF purchased directly from Vangard, Fidelity, or Schwab. DO NOT GO INTO an Edward Jones or similar-type financial advisor shop. They will separate you from tens of thousands of your dollars on that amount over 20 years.
No muss, no fuss, and unless you are a genius, there is a 93% chance you will do better with this mix than trying to pick stocks on your own or worse yet, hire a "financial advisor" to pick for you. --98.13.xx.x |
Windfall (by Vee [OH]) Posted on: Apr 25, 2017 6:52 PM
Message:
Buy a storefront and do sewing repairs on curtains, eventually you will gain skills in tailoring so you can make your kids wedding attire - in the meantime make regular clothes and halloween costumes in advance, they can always be sold for next year, you may discover a nitch in repairing canvas camper covers or boat seats. --76.188.xxx.xx |
Windfall (by Jason [MI]) Posted on: Apr 25, 2017 7:18 PM
Message:
Well got bored an bought a house in hubzu. --70.210.xx.xxx |
Windfall (by #22 [MO]) Posted on: Apr 25, 2017 7:31 PM
Message:
Private money loans... maybe a franchise depending on your risk tolerance and goals. --70.195.xx.xxx |
Windfall (by Moshe [CA]) Posted on: Apr 25, 2017 8:15 PM
Message:
Mutual fund investing in Chinese stocks looks pretty good, right now.
--47.139.xx.xxx |
Windfall (by RichE [IL]) Posted on: Apr 25, 2017 8:32 PM
Message:
Iron condors --98.213.xxx.xxx |
Windfall (by cjo'h [CT]) Posted on: Apr 25, 2017 10:04 PM
Message:
Jason, probably health insurance.If something like that happened here, I'd possibly be a candidate for a heart attack,depends on when I first found out. All things being copasetical,maybe check out mutual funds with Oppenheimer.............Charlie.........................................unlike NE,....................... --174.199.xx.xx |
Windfall (by cjo'h [CT]) Posted on: Apr 25, 2017 10:15 PM
Message:
Jsson,where is hubzu?. Must be out near LT D. Not around this neck of the woods!........Charlie...........just curious.................. --174.199.xx.xx |
Windfall (by cjo'h [CT]) Posted on: Apr 25, 2017 10:25 PM
Message:
DJ, what's the matter with Mercedes,my cousin back in Derry would want to know! Nice black dust free,that's his baby.Even all the cabs in Belfast are Mercedes,also all Black..............cjo'H.................................... --174.199.xx.xx |
Windfall (by LivetheDream [AZ]) Posted on: Apr 25, 2017 11:06 PM
Message:
Sorry DJ, nobody is impressed when you pay cash for a Ford Escort. Besides the DEA will be wondering where you got it. :)
As for what to do with the money. Well the stock market is hitting all time highs again. Not there.
Real Estate is hitting all time highs in many places. Not there.
Gold isn't going anywhere.
I only see two options, take it to Vegas and put it all on Red. Or park it until a good opportunity comes along.
--47.216.xx.xxx |
Windfall (by Bill [KY]) Posted on: Apr 26, 2017 4:27 AM
Message:
If you don't need it for 20 yrs, Id put the $250k in Vanguard's VTSAX index fund. Set it and forget it. --24.26.xx.xx |
Windfall (by Bill [KY]) Posted on: Apr 26, 2017 4:30 AM
Message:
Point of clarification: If in debt, I'd pay it down or off first, then invest in VTSAX with the leftover balance. --24.26.xx.xx |
Windfall (by S i d [MO]) Posted on: Apr 26, 2017 4:43 AM
Message:
A wise man once said money has three uses: spend some, save/invest some, give some. I'd set aside some in each area.
For spending, I'd buy a Toyota Spyder MR2 in "arrest me red"... And set aside $500 in case I need to pay a couple speeding tickets.
For saving/investing I'd first make sure I had 6 months of expenses for both personal and rentals saved up, plus a CapEx account of $5000 for each unit.
For giving I'd set aside at least 10% for a local charity.
Anything left over, Vanguard S&P Fund. Park it and forget it.
--173.19.xx.xxx |
Windfall (by Steve [TN]) Posted on: Apr 26, 2017 4:49 AM
Message:
For me, it would be buy and hold no-load growth stock mutual funds. --208.84.xxx.xx |
Windfall (by Richard [MI]) Posted on: Apr 26, 2017 6:23 AM
Message:
I'd stick it into real estate. Here I could find about 15 places at average of 15 K each (225K) with 25K left over for contingency. Each would rent at $500-$600/ month. You might also leverage the money to buy more places.
If I could not put it into real estate, I'd consider Berkshire-Hathaway stock for a good part of it. Old Warren seems to know how to make money grow. After he passed, I'd see who took over and if not happy with the choice, there are several funds that use his same strategy of investing. --66.188.xx.xxx |
Windfall (by Colin [CO]) Posted on: Apr 26, 2017 7:06 AM
Message:
Open a Vanguard account and invest in range of index funds. Make sure you have maximized your retirment accounts. --73.95.xxx.xxx |
Windfall (by NE [PA]) Posted on: Apr 26, 2017 8:52 AM
Message:
If I can't invest in real estate, I would probably just pay off real estate debt. Provided all my wife's school loans are paid off first. I'm not a Stocks guy, I'm not a huge vacation guy, I'm not a car or truck guy. I already buy gold, silver and guns. So that's out. I might open up a store. I've always want to open up a small little Hardware/building material store. Just so I could sell to the public and have my own inventory. --50.32.xxx.xxx |
Windfall (by AllyM [NJ]) Posted on: Apr 26, 2017 9:54 AM
Message:
public service electric and gas, PSEG of NJ. Goes up to sixty and splits regularly. Or I would get a 401K with TIAA/CREF because those folks know how to handle money. My 401 K is beautiful. Now is a good time because our Pres is making stocks soar. --73.33.xxx.xxx |
Windfall (by Carolyn [MO]) Posted on: Apr 26, 2017 10:38 AM
Message:
I suggest you NOT automatically assume that you will have no need for the money for the next 20 years. Keep much of it very liquid.
Two years ago my total financial situation changed very, very dramatically in a minute when my car was hit on the driver's side by an uninsured person driving someone else's car (and who allegedly was going over the speed limit and using a cell phone). I went from a physically active person who had done all of the management and most of the routine maintenance on my rentals for 35 years to a person that can barely use a screw driver, had to learn to walk three times again, etc.
To make it through the last two years I have used up several hundred thousand dollars I had in liquid accounts, drew out about half of my IRA money, etc. to cover my medical expenses for hospitals, doctors, etc. not covered by Medicare and my insurance, to cover care-giving type services I have needed. I am now starting to sell my rentals in order to pay my bills. This was not at all what I had anticipated and planned for adequately.
--136.33.xx.xx |
Windfall (by Pmh [TX]) Posted on: Apr 26, 2017 3:22 PM
Message:
not sure I would buy gold or silver. retail buyers are always hosed. looking at returns on gold holdings - usually negative on any time frame. only person I know who made $ on gold is my gf who bought when price was regulated and sold 60 years later. even so, he could have made more investing in equities over the same period. Index funds ok to park $ but I like to make more than "average" --104.218.xxx.xx |
Windfall (by Landlord ofthe Flies [TX]) Posted on: Apr 27, 2017 3:08 PM
Message:
Pay off debt and invest rest in stock market. You could do blue chips or SPDR funds index tracking funds. Tax free Muni bonds work too if you want tax free income but they don't grow in value. --99.125.xxx.xxx |
Windfall (by Pmh [TX]) Posted on: Apr 27, 2017 3:23 PM
Message:
Ally. 401k is a basket. share with us what your holdings are in it. thx --104.218.xxx.xx |
Windfall (by Pattyk [MO]) Posted on: Apr 27, 2017 5:03 PM
Message:
Windfall + Windmills = fall off the grid --184.206.xxx.xxx |
Windfall (by Ray-N-Pa [PA]) Posted on: Apr 27, 2017 7:21 PM
Message:
Jason,
Hopefully that experience was better than mine with them --24.239.xx.xxx |
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