$100,000 - Calgarypuck Forums - The Unofficial Calgary Flames Fan Community

moncton golden flames · 05-10-2010, 04:05 PM

you're debt free and the most significant financial commitment you have is a cell phone. what do you do with the money? how do you invest it? do you buy real estate? precious metals? stock, bonds or mutual funds? let's be honest, it's a little too much to spend on hookers and blow, so what would you do?

burn_this_city · 05-10-2010, 04:07 PM

I'd by Birkshire Hathaway B class shares and hold them for a long time.

Traditional_Ale · 05-10-2010, 04:14 PM

I'd travel.

IliketoPuck · 05-10-2010, 04:14 PM

75% of millionaires made their money through real estate investment

Phaneuf3 · 05-10-2010, 04:17 PM

Two chicks at the same time.

CMPunk · 05-10-2010, 04:19 PM

Quote:

Originally Posted by Phaneuf3

Two chicks at the same time.

So what do you do with the other $99 000?

Azure · 05-10-2010, 04:24 PM

More than likely invest it in real estate. Especially now where there are a lot of good options out there for cheap.

Traditional_Ale · 05-10-2010, 04:27 PM

Quote:

Originally Posted by CMPunk

So what do you do with the other $99 995?

FYP. A jar of peanut butter is about 5 bucks.

CaptainCrunch · 05-10-2010, 04:39 PM

You guys are missing the obvious.

I'd shoot about 4 hardcore porn films. Have you seen what the roi is for porn. Its mind boggling.

Sylvanfan · 05-10-2010, 04:45 PM

Okay...in a more serious response.

Do you already own your own principal residence?
What do you want this to do generate an income, or grow to a maximized amount.

I have a big chunk of cash on hand that I wish I'd put into stocks last March....But I also don't own any real estate right now. I'm not sure what to do either. Invest in real estate....put it into stocks, but what type.

I can see why some feel another real estate bubble is forming especially where I live, no one here has a job that pays anything...the only people who can afford their houses are growing pot in the basement or are retired and had the money. But there are other places where real estate maybe wouldn't be a bad idea.

Hence I'm leaning towards equities of some type...even though the last decade doing that has basically ruined my freakin life and doomed me to work unitl I'm 80!

CaptainCrunch · 05-10-2010, 04:47 PM

I was being serious.

Sylvanfan · 05-10-2010, 04:49 PM

Quote:

Originally Posted by CaptainCrunch

I was being serious.

Given the amount of piracy that exists on the internet...I think the only benefits of hard core adult features....aren't really financial. Although there are worse ways to spend $100,000 and anything on the internet is there forever so you can always re-live it.

Slava · 05-10-2010, 04:59 PM

I invest it all in stocks. I know that won't come as a surprise to most here, bit it's an easy decision. Real Estate is good and all, but business ownership far outweighs it in my eyes.

Sylvanfan · 05-10-2010, 05:10 PM

Quote:

Originally Posted by Slava

I invest it all in stocks. I know that won't come as a surprise to most here, bit it's an easy decision. Real Estate is good and all, but business ownership far outweighs it in my eyes.

Yeah, I did that in the last 10 years while my "reckless" friend went for real estate. Guess which one of us is the working schmuck with a pretty bleak future and who's retired at the age of 35.

Than again what worked in the last 10 years won't neccessarily work in the next 10, and maybe all this stock I own will turn around and be worth something some day. But I read books did the so called smart thing....and it's been absolutely fricken useless for 10 bleeping years. The only money I actually made was through real estate.

Caged Great · 05-10-2010, 05:13 PM

Real Estate is the best for people who do a lot of research on the neighbourhood and price and have connections to trades to do any upgrades etc.

flamesfever · 05-10-2010, 05:18 PM

If it were me, and I was from Eastern Canada, I'd go home, research the real estate thoroughly, and buy that piece of property I've always dreamed of owning.

Then when you've made your millions out here, go home, retire and live comfortably.

Chingas · 05-10-2010, 08:47 PM

You can stay at a really good all inclusive resort in Mexico for around 1K a week. Basically you can eat and drink all you want for two years and if you are still alive worry about where to go from there.

Winsor_Pilates · 05-10-2010, 08:50 PM

-If you don't own a home, I would buy a primary residence.
-If you've every want to start your own business, I'd do that.
-If you already own a home and down want to start a business, I'd invest in more RE and also spread it out a bit into stocks etc. and a little travel money.

IliketoPuck · 05-10-2010, 09:20 PM

Personally, I would invest it into real estate. I would then add value to my home, and a few years down the road when I'm further into my mortgage, would have the house re-appraised and take equity out of the house, and use it to further more investments in real estate and select equities. But that is just me.

Gozer · 05-10-2010, 09:22 PM

hookers & blow