Zone1 $100,000 Windfall

[Winco]

If you came across $100,000, what would you do with it?

I would SPEND it.

House Upgrades
Trips Across the USA
Vacations with Family

I have enough invested to last my lifetime.
I'm living large with this $100,000.

 

[luiza]

If you came across $100,000, what would you do with it?

Half on an updated Motorhome , some useful little gifts for the evil kids , and the balance in physical gold and silver .

 

[luiza]

But act quickly. I think interest rates will start to come down in the next 6 months or so.

Watch that carefully .
They will probably trim rates in front of the possible election and the Fed has come close to promising a small September reduction .

But if the market is crashed -- it must crash anyhow at some point soon because of its grotesque position -- you could see huge rate increases in a worst scenario of a total US markets collapse , huge fall in the dollar and depression exceeding the ca.1930 disaster period .
That is why my strategy of prioritising Commodities and Precious Metals specifically ( but physical)is nearly a 100% Win /100% Not Lose situation .
Albeit imho .

 

[DudleySmith]

They need to be doubling and tripling interests rates instead of pandering to prime rate borrowers via negative interest rates, but as we see both Parties are in the big bankers' pockets and they could care less about crashes since none of the losses they create will come out of their own pockets; they're 'incorporated n shit', so **** all you peasants.

 

[Captain Caveman]

If you came across $100,000, what would you do with it?

Use the minimal amount of it as a deposit to buy a small property, and then service the mortgage monthly repayments with the rent and interest off what's left of the $100,000. The yearly surplus from the rent + interest - monthly mortgage payments would go into that savings account to increase it back up to $100,000 and more.

So I would service debt with it to buy assets.