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May 17, 2024
6:23
:20
am
OlanchoCoug
All-American
No, it was 400k. The loan is a bit over 300k. I would just scrounge up enough
cash to cover what remains after this hypothetical 300k, which I assumed was an after tax amount.
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OlanchoCoug
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OlanchoCoug
Joined
Jul 26, 2014
Last login
Nov 12, 2024
Total posts
2,636 (262 FO)
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Messages
Author
Time
If you were gifted $300k today, what would you invest it in?
Chasicle
May 16, 11:57pm
A US-government approved hammer.
RebelScum
May 16, 11:58pm
Machete's bank account
machete
May 17, 12:05am
I just bought my home a few months ago, so I've got a >7% mortgage. I would
OlanchoCoug
May 17, 12:29am
You bought a new house for under $300k?
Superkid
May 17, 6:21am
No, it was 400k. The loan is a bit over 300k. I would just scrounge up enough
OlanchoCoug
May 17, 6:23am
Even so, rentals might still be a good idea depending on the market you are in.
SoBlueitHurts
May 17, 12:45pm
It probably wouldn't work in my area. Rents are pretty cheap and prices have
OlanchoCoug
May 17, 2:24pm
All in on AMC
Ted Lasso
May 17, 12:47am
Made me snort-laugh
BringYourUltimate
May 17, 2:13am
A meal at Five Guys
lilpenny
May 17, 2:41am
RRGB
cougfrvr
May 17, 2:45am
well, after paying the 50% tax on it. tithing, I may have some left for pizza.
bald man
May 17, 5:12am
It’s a gift. No tax liability if done properly.
JamieTartt
May 17, 6:34am
Hm, surprising that IRS thinks anything isn't their to tax.
bald man
May 17, 9:42am
RE: It’s a gift. No tax liability if done properly.
SoBlueitHurts
May 17, 12:47pm
I have rental properties and a brokerage account in a 95/5 stock to bond
blackandblue
May 17, 5:14am
Opposite experience for me. Wish I would’ve bought more rentals.
firstandten
May 18, 10:04pm
I’d give $1000 to every US citizen.
Bin01015
May 17, 5:50am
Depends on the investment horizon...
steakandtaters
May 17, 8:35am
Cap rates are just ok right now.
RexIdaCoug
May 17, 6:27am
Index funds
Himni
May 17, 9:43am
The Nancy Pelosi hedge fund
Unibro
May 17, 2:11pm
Straight into my Ally account (or similar with a 5% rate) and when my student
Powerbait DPM
May 18, 12:18pm
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