$ 100,000

by **btownmeggy** on Sat Mar 17, 2007 12:31 pm

luns101 wrote:
btownmeggy wrote:Put it in a low-risk mutual fund and then use it to buy a house some years from now.

You took my answer! Any mutual fund in particular?

I use USAA mutual funds. Fee-free, well-managed, top 10 percentile money market performance rating.

by **Bustamoov** on Sat Mar 17, 2007 1:58 pm

Not what the homeless guy on Oprah did with it, thats 4 sure. :roll:

by **chessplaya** on Sat Mar 17, 2007 2:03 pm

donate it for childrens cancer care

by **btownmeggy** on Wed Mar 21, 2007 7:19 pm

Bustamoov wrote:Not what the homeless guy on Oprah did with it, thats 4 sure.

What did he do?

by **heavycola** on Wed Mar 21, 2007 7:48 pm

s.xkitten wrote:*sniffles* so you only love me for my looks then?

YES.

Goddamit. NOW can we have the cash?

BTW what do u look like? it's not important, just helps with the storytelling

by **cowshrptrn** on Wed Mar 21, 2007 9:08 pm

invest it, 25k in high risk ventures, 50k in stable mutual funds, and 25k in US government bonds, i'm no economist, but i think i've diversified enough. Give it a few years and i'll buy myself a house (or at least part of one, houses on Long Island are selling for hundreds of thousand)

by **btownmeggy** on Thu Mar 22, 2007 9:47 am

cowshrptrn wrote:invest it, 25k in high risk ventures, 50k in stable mutual funds, and 25k in US government bonds, i'm no economist, but i think i've diversified enough. Give it a few years and i'll buy myself a house (or at least part of one, houses on Long Island are selling for hundreds of thousand)

100k is a substantial downpayment for any house than non-evil people live in.

by **Backglass** on Thu Mar 22, 2007 9:57 am

A two-tiered strategy. Buy one or two multi-family rental units and invest the positive cash-flow in my existing portfolio.

by **btownmeggy** on Thu Mar 22, 2007 10:02 am

Mmm, I'm so glad that has turned into a power-investing thread.

by **Serbia** on Thu Mar 22, 2007 10:12 am

btownmeggy wrote:
cowshrptrn wrote:invest it, 25k in high risk ventures, 50k in stable mutual funds, and 25k in US government bonds, i'm no economist, but i think i've diversified enough. Give it a few years and i'll buy myself a house (or at least part of one, houses on Long Island are selling for hundreds of thousand)

100k is a substantial downpayment for any house than non-evil people live in.

So obviously people who live in million dollar mansions are evil, right?

People like John Edwards?

by **btownmeggy** on Thu Mar 22, 2007 10:28 am

$100k is a substantial down payment on a $1M house. It's not on $15M house.

Not to say that John Edwards isn't evil, of course.

by **btownmeggy** on Thu Mar 22, 2007 10:30 am

Serbia wrote:
btownmeggy wrote:
cowshrptrn wrote:invest it, 25k in high risk ventures, 50k in stable mutual funds, and 25k in US government bonds, i'm no economist, but i think i've diversified enough. Give it a few years and i'll buy myself a house (or at least part of one, houses on Long Island are selling for hundreds of thousand)

100k is a substantial downpayment for any house than non-evil people live in.

So obviously people who live in million dollar mansions are evil, right?

People like John Edwards?

Oh, I looked at the link. He's evil, all right.

$ 100,000

Re: My choice too

Who is online