IBM 22 Posted June 6 Share Posted June 6 Obviously this varies depending on where you live and how much you could get out of it, etc. But just something to think about, curious about the answers. Also helpful for people who do have lumpsums of savings and uncertain about their life planning, etc. Personally, I'd probably lock up a 10~ acre property in Pennsylvania (where I live) and try to build a house on it, there's a lot of Amish built prefab cabins and such around here, would love to have something like that. If I had anything leftover, maybe a Toyota Tacoma. Quote Totschlagen - IM Wojak - Cloud Rat Previously The Stricken Cards - License 2 Kill - Infinite Lurers - Reign of Terror Link to comment Share on other sites More sharing options...
@Brian 2,858 Posted June 6 Share Posted June 6 Certainly nothing life changing you can do with that amount these days. I'd probably use it to make some non risky investments and just use that towards retiring earlier. Quote Link to comment Share on other sites More sharing options...
€Alorus 188 Posted June 6 Share Posted June 6 Can get a nice apartment here Wouldn't overthink and do that It would get me solid passive income Quote Link to comment Share on other sites More sharing options...
Megaman 11 Posted June 6 Share Posted June 6 150k not enough for a down payment Quote Link to comment Share on other sites More sharing options...
IBM 22 Posted June 6 Author Share Posted June 6 (edited) 20 minutes ago, Megaman said: 150k not enough for a down payment Fortunate to live in a cheap state still, granted what is desirable to some definitely isn't here.. but plenty of nice houses on the market in PA for under 250k still. For how long, who knows lol Edit: I bought a house on .33 acre, 3.5 bedroom, 1.5 bath, with a deck and a 1 car garage/large shed out back for $64k but it's in the middle of literally nowhere and a 30 minute drive to the closest grocery store. Though is in a gigantic national forest. Edited June 6 by IBM 1 Quote Totschlagen - IM Wojak - Cloud Rat Previously The Stricken Cards - License 2 Kill - Infinite Lurers - Reign of Terror Link to comment Share on other sites More sharing options...
Adam_ 1,059 Posted June 6 Share Posted June 6 as previous people stated 150k isnt much anymore, down payment on property or something like you said is reasonable but depending where you are that may not get you really anything lmao investing or even just tossing it in the bank account and not making any major changes but having it as a security net sounds probably the most reasonable imo i dont think anyone in my immediate family really owes money on anything like a car or mortgage or anything anymore but that'd also come to mind Quote Link to comment Share on other sites More sharing options...
Lavigne 911 Posted June 6 Share Posted June 6 Give 148k of it to charity, use the last 2k to book a flight to Switzerland and have someone neck me. Quote Grand Miracle Wizard of the Far-Right Sea Templar's Party | Bringing racism back into RS clanning since 2023. RSN: South Tyrol Leader of REIGN community since 2004 - Undisputably the best gaming community in history. Rank 3 in the UK for Riichi Mahjong (UKMA ELO) An absolute shitload of rank ones/top10 rankings in multiple games. https://www.twitch.tv/Toffee_Latte Link to comment Share on other sites More sharing options...
€NewAccount 248 Posted June 6 Share Posted June 6 Maybe invest into property where it's affordable or invest into small business like a cafe or something. Quote Demonic Empire | Tempest Spoiler Link to comment Share on other sites More sharing options...
Kai 309 Posted June 6 Share Posted June 6 Despite what others are saying $150K is definitely a lot of money and could change many peoples lives tremendously. I would probably put a portion into renovating parts of my house, and invest the rest and/or pay down some of my mortgage. 1 Quote Legendz | The Titans | Tempest [Templar Jan & Feb 2023] Spoiler Link to comment Share on other sites More sharing options...
Kai 309 Posted June 6 Share Posted June 6 If we're talkin fun? Prob buy a Ford Raptor and build a pool lol 1 Quote Legendz | The Titans | Tempest [Templar Jan & Feb 2023] Spoiler Link to comment Share on other sites More sharing options...
Robin 388 Posted June 7 Share Posted June 7 Lose it and give @Pietru verbal abuse Quote Spoiler Link to comment Share on other sites More sharing options...
≈Flukejiver 1,186 Posted June 7 Share Posted June 7 Invest it all probably, 150k isn’t much these days Quote Spoiler Link to comment Share on other sites More sharing options...
Elendir 49 Posted June 7 Share Posted June 7 Would top up RRSP's and TFSA. Rest ti pay down my mortgage. Quote Link to comment Share on other sites More sharing options...
NarNumbers 202 Posted June 7 Share Posted June 7 36 minutes ago, Elendir said: Would top up RRSP's and TFSA. Rest ti pay down my mortgage. this. Prob 50k into my mortgage Rest into an ETF like the S&P Quote Link to comment Share on other sites More sharing options...
Megaman 11 Posted June 7 Share Posted June 7 5 hours ago, IBM said: Fortunate to live in a cheap state still, granted what is desirable to some definitely isn't here.. but plenty of nice houses on the market in PA for under 250k still. For how long, who knows lol Edit: I bought a house on .33 acre, 3.5 bedroom, 1.5 bath, with a deck and a 1 car garage/large shed out back for $64k but it's in the middle of literally nowhere and a 30 minute drive to the closest grocery store. Though is in a gigantic national forest. I think the middle of no where places where I am are still like 500K+ now. Life is bad for my generation but what can you do. But on your topic of the post. I would probably just invest the 150k and save a portion as an emergency fund. Quote Link to comment Share on other sites More sharing options...
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