 What to do with $20k, What is the smartest thing to do... |
 Jan 1, 2006 - 3:57 PM
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Enthusiast  Joined Mar 3, '05 From Hollywood, FL Currently Offline Reputation: 0 (0%)  |
Well, I got a nice little end of the year bonus and Im trying to figure out what to do with it. Im 19 years old living with my dad. I hardly have any bills ($170 for insurance, $35 for my cell phones (not each phone)) I would love to get a nice supra or something, but Im thinking thats not really reasonable, because in cars, you only loose money. Im just trying to figure out what to do with the money.
-------------------- To live, is to suffer
To survive, thats to find meaning, in the suffering....  |
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Jan 1, 2006 - 11:23 PM
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 Enthusiast Joined Jan 10, '04 From Shoreline, WA Currently Offline Reputation: 4 (100%) |
enter into a pyramid sceme, here you can start by buying 1,000 copies of the movie "Phonebooth" from me for $20 each, then turn around and sell em for $21 and make money on the deal I promise.
or do the smart thing and save 99% of it (gata spend a little just because, you know.) at your age, saving it would be the best/safest choice the stock market is a bad idea and wile realastate is a good idea, i would let it build up a bit in savings till your absolutly shure your ready to put it in good places for your future. --------------------  |
Posts in this topic
bloodrain What to do with $20k Jan 1, 2006 - 3:57 PM
forkee put it in an ingdirect savings account with 3.8% a... Jan 1, 2006 - 4:07 PM FSX_Celica94GT that is a HUUUUUGE BONUS, i'd put about 2 or 3... Jan 1, 2006 - 6:40 PM Scott Congrats on the bonus! Invest about half in re... Jan 1, 2006 - 7:52 PM lagos ill give you a little tip. number one, DO NOT TEL... Jan 1, 2006 - 8:04 PM
bloodrain QUOTE(lagos @ Jan 1, 2006 - 8:04 PM)... Jan 1, 2006 - 10:55 PM lagos oh and dont use it to buy a car. i alwasy tell pe... Jan 1, 2006 - 8:08 PM JFrost9 I would invest 1/3rd of it, spend another 1/3rd wi... Jan 1, 2006 - 8:10 PM Akimbo The smartest thing to do with 20k is not spend it. Jan 1, 2006 - 10:00 PM 97lestyousay I was looking for put a down payment on a house.
J... Jan 1, 2006 - 10:02 PM Akimbo what about that evo or whatever... Jan 1, 2006 - 10:56 PM bloodrain QUOTE(Akimbo @ Jan 1, 2006 - 10:56 P... Jan 1, 2006 - 11:01 PM Cutrara Buy 200,000 packages of Ramen Noodles. Jan 1, 2006 - 11:10 PM dustin15brown take a loan out for more.... invest in reality....... Jan 1, 2006 - 11:12 PM Drocay okay, dude i'm a financial adviser
1. Don... Jan 1, 2006 - 11:30 PM Hanyo take it to a casino and double your savings and th... Jan 2, 2006 - 1:02 AM 97sccelica invest in commercial real estate
~2-3 years and i... Jan 2, 2006 - 2:34 PM bloodrain QUOTE(97sccelica @ Jan 2, 2006 - 3:3... Jan 2, 2006 - 4:35 PM Cutrara QUOTE(bloodrain @ Jan 2, 2006 - 4:35... Jan 2, 2006 - 5:03 PM x_itchy_b_x the BEST thing for me imo. is to mail it all to me... Jan 2, 2006 - 5:42 PM bloodrain QUOTE(x_itchy_b_x @ Jan 2, 2006 - 5... Jan 2, 2006 - 8:37 PM |
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