How would you spend/not spend your money?

[MK3Brent]

How would you spend your money if you didn't have alot of friends or family?
You already have a house, and all the cars you wanted...



Would you just save it for a rainy day?
Invest it?
Donate it?

Or blow it all?


What would you do?

 

[IJ.]

I just save it for the inevitable "next shiny thing" I see

 

[MK3Brent]

I just save it for the inevitable "next shiny thing" I see

Say you're 25 again, still just save for something new?

 

[IJ.]

How much are we talking about?

 

[super.secret.supra.club]

in this economy. i'de put it away. i dont care how much money it is

 

[djblastsupratuner]

I would spend it cause if you have money in this economy right now you can get really good deals on houses and NEW cars. I myself might get a 350z but like an 03 or something. In about 6 months to a year

 

[flight doc89]

buy gold. it'll hold its value better than the US$ at this rate

 

[super.secret.supra.club]

buy gold. it'll hold its value better than the US$ at this rate

so true:nono:

 

[IJ.]

Silly putty will hold it's value better than the USD in the next few years
(our pacific peso will suffer due the USD)

 

[super.secret.supra.club]

Silly putty will hold it's value better than the USD in the next few years
(our pacific peso will suffer due the USD)

on behalf of all americans IJ, im sorry.

 

[CTsupra]

 

[hottscennessey]

Invest or save.. maybe buy a house a build equity (which I actually did today!).

 

[super.secret.supra.club]

one day this will be worth 50 USD and 1.99 EURO.

 

[MK3Brent]

How much are we talking about?

Say $77,000 take home annually only spending about $600-700 mortgage/month, no car payments, $1,000-1,500 auto insurance/yr.

And rest of the bills are low enough it doesn't need consideration.

 

[super.secret.supra.club]

Say $77,000 take home annually only spending about $600-700 mortgage/month, no car payments, $1,000-1,500 auto insurance/yr.

And rest of the bills are low enough it doesn't need consideration.

off shore account. change over to euro, better now then later.

 

[IJ.]

Say $77,000 take home annually only spending about $600-700 mortgage/month, no car payments, $1,000-1,500 auto insurance/yr.

And rest of the bills are low enough it doesn't need consideration.

Really hard to say until the full impact of the stim package hits normally I'd say buy property and rent it out.

 

[gaboonviper85]

Hookers.....alot of hookers.....and a little more hookers.

 

[SupraMario]

I would buy land. Everything else depreciates.

 

[LilMissMkIII]

I'd keep a percentage of it in an accessible cash management or savings account, to help with the unexpected bills that pop up (or shiny car things :love

The rest of it is dependent on the sharemarket and the economy, as well as your adversity to risk... Your options are property (residential or industrial), shares, managed funds, options, etc etc etc...

You should find a financial planner in your area that has clients that have fared quite well during this "crisis" (ie - clients have not lost more than 15% of the value of their portfolios over the last 18 months)... Explain your situation, your goals, and your attitude towards risk. Pay him or her a few hundred to make you up a plan, and see what they say...

 

[tbcmorris]

I would travle.....alot