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Originally Posted By Drsalee: Put it in the bank My bank pays shit interest. It's going to Vanguard or Fidelity, or at least a HYSA. |
Heller II - Challenging DC's bans on semi-automatic rifles, large-capacity ammunition feeding devices, and its onerous and expensive handgun registration process. http://www.HellerFoundation.org/
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Debt free candidate here! I'd spread it across FAANG in an account for my infant. But first I'd open a trust to input rules for accessing the money, the intent is for college and college living expenses (like single bedroom apartment) 8yr or older car. Nothing lavish. If she gets a gets a PhD/masters in a stem type field, at 30 the remaining money is hers. Should she fail college, she can have monthly disbursements starting at 30. Should she have a child, she can elect to roll up 280k into a trust fund for her child. With the same rules. |
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Currently no debt We would get a good body on frame suv with locker and skid plates to replace our current compact one that does not (we live rural in the mountains) Than invest / put away the rest Or buy more land |
have gun will travel
Well you seen much combat? ......... I've seen a little on TV.
We are jolly green giants, walking the Earth with guns.
Lifetime NRA member SADLY
now GOA and ASA member!!!!!
Well you seen much combat? ......... I've seen a little on TV.
We are jolly green giants, walking the Earth with guns.
Lifetime NRA member SADLY
now GOA and ASA member!!!!!
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Originally Posted By FALARAK: How soon do I need the money? DONT TOUCH it. Just be steady and don't change, be careful who you listen to, and don't make emotion-based moves into cash because what you just "know", likely is not so. Thank you for this. I always pay attention to your advice in this subforum Printing the numbered list out. |
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Depending on how it came to me, I would set aside 20 to 50% to pay the tax man I have most things covered, debt free and well invested I would probable set aside 20K for an epic vacation, maybe a Galapagos island cruise/diving and go 1st class with everything look around the homestead for projects, appliances, windows etc. that are getting close to needing to be replaced and getting it done early anything left I would throw at the new truck fund |
| Invest all of it. That would enable me to retire at 55 very comfortably vs my current planned comfortable 57 yr old retirement age. |
"It behooves every man to remember that the work of the critic is of altogether secondary importance, and that, in the end, progress is accomplished by the man who does things."
Theodore Roosevelt
Theodore Roosevelt
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Originally Posted By ColtRifle: Invest all of it. That would enable me to retire at 55 very comfortably vs my current planned comfortable 57 yr old retirement age. I love it, delayed gratification wins. Nearly identical scenario for us. 1) Invest it in ViTAX. Then in 7 years, parse off enough to start our Roth conversion from Traditional IRA. Fund the conversion with the proceeds maxing out the 10%-12%-15% buckets per year pending on other cash flows and incomes. OR 2) Invest it in ViTAX, then 1 year from now, sell the proceeds to make a dent in our mortgage as our mortgage balance is $148k at 2.65%. At the 366 day mark from now (LTCG not STCG), I'd skim off the top of the investment and throw it at the principal/interest for the previous year. Repeat annually. |
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I'd buy recreational land. For hunting white-tails and waterfowl. For that price you can pick up anywhere from 50-100 acres of decent hunting land. With proper management in time it would be enough to keep the freezers full of meat. I wouldn't get much return on my 'investment' aside from my own joy/peace. With that said. My investments are on track. I'll be retiring late 40s/early 50s with what I have already. |
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I'd instantly transform into Pablo Escobar minus the crime, plus the chaos turning that investment into so much cash I'd need an entire country's worth of backyard just to bury the overflow. At that point I'm rolling in with forklifts, barrels, dump trucks, a shovel crew, and a personal accountant named Roberto just to keep track. |
What you do today will affect your outcomes tomorrow.
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Pay off the car, leaving me with only the mortgage. A home improvement or two, rest into the 529. |
"Whisky for the gentlemen that like it. And for the gentlemen that don't like it - Whisky!" -Alec Guinness as MAJ (acting Colonel) Jock Sinclair, D.S.O., M.M. "Tunes of Glory"
| buy mo-better heavy equipment |
Feb 2025 It’s 48 to 0 and we’re only 2 minutes into the first quarter
trobertson5-0 I wasn't put in jail for what I did. I was put in it for what I think. There were FBI agents posting in my threads. I've seen the discovery showing this.
trobertson5-0 I wasn't put in jail for what I did. I was put in it for what I think. There were FBI agents posting in my threads. I've seen the discovery showing this.
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Pay a metric ton on taxes on it - but for fun - lets say it is 100% tax free. This would provide options on a new house I am looking at buying. Maybe a nice pole shed / out building. If I could swing it; I would upgrade to a nice quonset hut....with a nice dedicated 750 gal LP tank. Or the other option is to put 75k in upgrades to a 50+ year old house I own. |
The last thing a tyrant wants is their ideas to be judged on the battle field of truth and justice.
 What Would You Do With An Extra $150,000? |
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1301 Tactical Grapple for my tractor Buy the undevelopable, landlocked acre behind my house New roof and siding for the barn with some solar panels and a battery system for electric service Whole house generator and LP tanks New roof and decking for my front patio Wire the entire house with Cat6 and wall jacks in every room Build a racing sim Put whatever is left in my Fidelity trading account ETA: a decent zero turn mower and probably another Charvel SoCal pro mod 
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Pay off my loans / bills. Buy a newer, but not brand new car. Put a new roof on the house, fix all of the the electric stuff that needs it. Put in new flooring where needed. Finish the bathrooms. Install a fence around the yard and get a good dog. Upgrade my musical instruments and build a small home recording studio. Upgrade the optics on some of my guns, buy the components I need to load a few thousand rounds for each caliber. I'm not worried about the future. I've probably got ten years left if I'm that lucky, less if I'm not. I want to relax and enjoy the years I have left. At 58, I've already outlived most of the men on my biological father's side which I think the oldest was 65 ( American Indian ). My mother's side lives into their mid 70s to early 80s ( Italian ). I just want to live out the time I have left and enjoy it. Fix up the house to make it last another 50 years or so, so my son can have it and not have to spend a fortune fixing things. |
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On Jan 2nd, 2026, I would max out the Roth's that my wife and I have. I would but 100 k in a mix of VTI, QQQI and SCHD. With about 32k left, I would be redoing the bathroom that we keep talking about and possible a decent road trip vacation. My wife is into fountain pens so a new Mountblanc would be in order, and I want another watch but something in the 1k range. |
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Originally Posted By First-World-Problems: I know it should go into an investment account if you aren’t financially literate, but I’m just curious. What would you do with it? Just go ahead and deposit it, or is there some current happenings that you could make more than an investment account but without too much risk? Or $50k in VUG, and $45k in each VOO and VTI. Then I'll watch for the next 12 months and see how those ETFs perform. I sold one of my RE holdings in April and cleared $145k. And the above is almost exactly what I did then. 34.8% |
Be killing sin or sin will be killing you. -John Owen
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Originally Posted By M4ger: I'd pull about $10k out to augment the emergency fund, and the remaining $140k would get split $50k in both VOO and VUG, and $40k into VTI. Or $50k in VUG, and $45k in each VOO and VTI. Then I'll watch for the next 12 months and see how those ETFs perform. I sold one of my RE holdings in April and cleared $145k. And the above is almost exactly what I did then. 34.8% Why purchase both VOO and VTI in a split? They hold almost the same thing.... since they are both cap weighted indexes. Yes, VTI includes both small and mid caps..... but if you compare holdings and percentages.... they are nearly the same. If you track long term performance, they are nearly the same. The only reason to hold both.... would be if you want to dilute the small and mid cap percentages of your portfolio. Bottom line is, they are so close in performance and holdings, and therefore volatility, that VTI is really all you need there. It seems strange to mix between the two. |
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My mom died in late 2023. She had an annuity and a rollover IRA that was split among her kids. They were both very poor investments so I cashed out my share and it came to about $158k after taxes. I was afraid of pumping all the cash into the market at once because the day I did would be the day before the great depression 2.0. So In early 2024 I set up a weekly purchase of a few basic index funds that ran until the end of 2024. Today it's up to $209k and I also collected a few $k interest during 2024 until the cash was all in the market. |
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It sounds like a douche thing to say, but 150K wouldn't make much of a difference to me. I already save a large portion of my income, so I'd just put it in savings. More specifically, it'd go in a brokerage account in the form of about 445 shares of VTI. |
It was never easy for me. I was born a poor black child.
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Originally Posted By Justa_TXguy: It sounds like a douche thing to say, but 150K wouldn't make much of a difference to me. I already save a large portion of my income, so I'd just put it in savings. No offense, but based on that statement, your plan is either: Too short sighted. Average portfolio. Not detailed enough. Needs more education. Or not big enough. "think big". I'd recommend reevaluating your plan. |
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Originally Posted By SkiandShoot: No offense, but based on that statement, your plan is either: Too short sighted. Average portfolio. Not detailed enough. Needs more education. Or not big enough. "think big". I'd recommend reevaluating your plan. Originally Posted By SkiandShoot: Originally Posted By Justa_TXguy: It sounds like a douche thing to say, but 150K wouldn't make much of a difference to me. I already save a large portion of my income, so I'd just put it in savings. No offense, but based on that statement, your plan is either: Too short sighted. Average portfolio. Not detailed enough. Needs more education. Or not big enough. "think big". I'd recommend reevaluating your plan. Huh? |
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Originally Posted By FALARAK: Huh? Originally Posted By FALARAK: Originally Posted By SkiandShoot: Originally Posted By Justa_TXguy: It sounds like a douche thing to say, but 150K wouldn't make much of a difference to me. I already save a large portion of my income, so I'd just put it in savings. ......I'd recommend reevaluating your plan. That $158k didn't change anything in my financial plan for me. My retirement date is not an input to my plan - it is the (only) output of my plan. So yes, any change is a change. But an influx of cash didn't change anything in my financial plan. |
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Originally Posted By Morgan321: My mom died in late 2023. She had an annuity and a rollover IRA that was split among her kids. They were both very poor investments so I cashed out my share and it came to about $158k after taxes. I was afraid of pumping all the cash into the market at once because the day I did would be the day before the great depression 2.0. So In early 2024 I set up a weekly purchase of a few basic index funds that ran until the end of 2024. Today it's up to $209k and I also collected a few $k interest during 2024 until the cash was all in the market. I think that was a smart decision but out of curiosity….do you think putting it all in at one time would have been the better decision if you only knew then what you know today? I realize you couldn't have predicted the future which was why the method you used was the smarter move. I’m just curious how much better it would have done if you had. |
"It behooves every man to remember that the work of the critic is of altogether secondary importance, and that, in the end, progress is accomplished by the man who does things."
Theodore Roosevelt
Theodore Roosevelt
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Originally Posted By ColtRifle: I’m just curious how much better it would have done if you had. The only reason I didn't buy all at once was because this is taxable cash for use in the short term (under 5 years) when I retire so I wanted to mitigate the risk of buying exactly at the peak before a crash. Time in the market is always the most important thing. So much so that I contribute 50% to my 401k for the first few months of each year to get the money into the market earlier in the year rather than later. |
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Originally Posted By Morgan321: Well, the sp500 is up around 40% since early 2024 and the nasdaq is up around 50%. I'm only up around 30% because I trickled the money into the market so I missed maybe 20% of gains, or around $30k. The only reason I didn't buy all at once was because this is taxable cash for use in the short term (under 5 years) when I retire so I wanted to mitigate the risk of buying exactly at the peak before a crash. Time in the market is always the most important thing. So much so that I contribute 50% to my 401k for the first few months of each year to get the money into the market earlier in the year rather than later. Makes sense. I’m sure it was the right decision. If only we had a crystal ball. |
"It behooves every man to remember that the work of the critic is of altogether secondary importance, and that, in the end, progress is accomplished by the man who does things."
Theodore Roosevelt
Theodore Roosevelt
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Originally Posted By FALARAK: Why purchase both VOO and VTI in a split? They hold almost the same thing.... since they are both cap weighted indexes. Yes, VTI includes both small and mid caps..... but if you compare holdings and percentages.... they are nearly the same. If you track long term performance, they are nearly the same. The only reason to hold both.... would be if you want to dilute the small and mid cap percentages of your portfolio. Bottom line is, they are so close in performance and holdings, and therefore volatility, that VTI is really all you need there. It seems strange to mix between the two. Originally Posted By FALARAK: Originally Posted By M4ger: I'd pull about $10k out to augment the emergency fund, and the remaining $140k would get split $50k in both VOO and VUG, and $40k into VTI. Or $50k in VUG, and $45k in each VOO and VTI. Then I'll watch for the next 12 months and see how those ETFs perform. I sold one of my RE holdings in April and cleared $145k. And the above is almost exactly what I did then. 34.8% Why purchase both VOO and VTI in a split? They hold almost the same thing.... since they are both cap weighted indexes. Yes, VTI includes both small and mid caps..... but if you compare holdings and percentages.... they are nearly the same. If you track long term performance, they are nearly the same. The only reason to hold both.... would be if you want to dilute the small and mid cap percentages of your portfolio. Bottom line is, they are so close in performance and holdings, and therefore volatility, that VTI is really all you need there. It seems strange to mix between the two. So this is a valid question. Vanguard has a rule that if you sell a position, you cannot invest back into that position for 30 days. I make monthly buys, and should I find something I want to purchase that will ROI correctly, I am inclined to use VTI instead of VOO and VUG. I like being able to put money into multiple funds. VUG is the best performer of them, and I had put money into other funds that trailed badly of VTI and VOO, and I do not mess with them any longer. The Growth fund is the last one I'll ever sell from. |
Be killing sin or sin will be killing you. -John Owen
| I would put it into my taxable investment account in Fidelity Contrafund, and then absolutely max out my Mega Roth backdoor from work to the full extent I can including catch-up since I wouldn't need my salary for a few years because of this check. I'd withdraw from the contrafund as needed to pay bills. 401k and Roth are already maxed each year. |