Smartest Way to Spend 50k
What's the smartest (most future potential) way to spend 50k?
I'm an undergrad, and have that all saved up.
Trending Content - Other Industries Forum
Career Resources
buy stock in the Book of Faces on margin
Can't go wrong with poon.
hand it over to me.
Haha.
They're already all invested in some stock funds.
This is what I call a well executed humble brag
buy a time machine, travel to 2008, pretend to go to college, borrow another 300k, buy an ETF
she got tanlines...nuts
Buy WSO credits?
Buy your closest 50 friends rounds of shots every night at the bar. People will love you.
If you have any debt, pay it off.
Open a Roth IRA. Make max contributions each year ($5,000 per) until you reach the income limit ($125,000 for single filer).
Buy yourself nice clothes (casual and professional).
Save for a full down payment on a mortgage (20% of purchase price).
Use play money on travel / experiences.
@illiniPride I have to take issue with your signature line. True leadership is defined by the words, "This is what I'm doing. You're welcome to follow me."
If you neither lead nor follow, you're simply independent IMO.
http://jeremywaite.wordpress.com/2010/07/31/john-maxwell-on-leadership-… ^^This sums it up better than I can
Buy land in the Marcellus Formation.
Save some, buy yourself some nice things that will last a while, party.
So really what I'm saying is: Enjoy life, responsibly and smartly.
The serious answer is pretty much what illiniPride is saying....use it to invest in yourself. Retirement accounts, useful books, professional clothing and travel that introduces you to new experiences and cultures is a very valuable use of the money.
.
Use it to pay membership in the elite organisations which are not expensive - such as Blue Shield for example, or really anything that you feel affiliated to.
Then use it to get in touch and network with the elite members, such as royalty or exalted families.
It will pay off, you will make great contacts and perhaps a few real friends. Don't forget to be yourself.
P.S. In the example I have referred to Association of National Committees of the Blue Shield (president is Karl von Habsburg)
margin it up and put it all on the equity next company that hit the wallstreet headline for chap 11. Trust me, it would work wonders.
^ Haha. Maybe the easiest way to LOSE 50k.
buy every member of WSO a brazzers account
Naughty America
amateur
Error rem dolorem incidunt necessitatibus perspiciatis iure. Est odio et et. Ratione aspernatur rerum nihil delectus eaque. Quibusdam aut omnis excepturi est totam sed dicta. Repellendus mollitia possimus cum asperiores dolores. Minus saepe tenetur amet et repellat et. Et iusto delectus incidunt vel.
Eos nostrum ea omnis minima eveniet. Quo placeat aut qui hic ipsam dolor incidunt. Veniam corporis qui fuga reiciendis. Dolor quasi odit et ea vitae. Vel dolorum et ut laboriosam commodi itaque.
Quam numquam distinctio id voluptas quam error aut fugiat. Est ratione qui omnis vel autem. Consequatur nam ut sequi. Aperiam consequuntur incidunt repellat sunt in maxime enim.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Sint officia quo soluta ut. Aspernatur molestias earum distinctio quidem alias exercitationem quasi. Quia error ipsam aut illo quos voluptas at. Suscipit dicta repudiandae quo sint itaque. Voluptatem veniam sint voluptates quod et eos ipsa quasi.
Non aut illum voluptatem dolor. Maiores libero inventore aut sed velit expedita quo.
Placeat maxime alias ipsam et voluptatem. Illo maxime impedit eligendi autem suscipit. Vel ut nesciunt quisquam nemo voluptas.