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What Would You Do with 50,000?
Hey guys. I would like you to imagine a scenario and give me your input and opinion on the matter. Let's say hypothetically that you have worked and saved and worked and saved like a dog for the past six and a half years. You are now in your late 20's. You live in an apartment. You own an old car but it is in good condition, paid off. You are sick of living a mediocre existence as a run-of-the-mill guy paying the bills. You have no debt. You are ready for a new phase in your life, where you can achieve greatness and amass great power and wealth. You are willing to risk your safety. You are physically healthy, strong, and mentally ready.
You want greatness. You want to conquer. You have about 52,000 saved up.
In this scenario, what would/should such an ambitious man do?
Replies to This Discussion
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Permalink Reply by John Galt on -
I'd invest it into the acquisition of skills that can gain me even more money down the road.
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Permalink Reply by Emil Kraeplin on -
If you don't have health insurance then get some immediately. Then you should pay off credit card debt and drop the rest in a low cost index fund. Or else you could go to Vegas and hit the baccarat table and bet it all on the dealer!
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Permalink Reply by Jason Detwiler on -
Build a duplex with a basement apartment. Live in one of the upper units, rent out the other side and basement.
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