How Would You Proceed?

[ARCHIVED THREAD] - How Would You Proceed? (Page 1 of 2)

Posted: 9/9/2010 11:19:07 AM EDT

Let's say you woke up today just like any other day.....and then you lost your job and was given a quarter of a million dollars.

What would you do?

Posted: 9/9/2010 11:19:48 AM EDT

[#1]

I would go find another job.

Posted: 9/9/2010 11:20:44 AM EDT

[#2]

I would buy ARFcom and subtract 100,000 from every mods post count!!! BWAHAHAHAHAHAHA

Posted: 9/9/2010 11:21:05 AM EDT

[#3]

File for unemployment $$$.
Pay off house and wife's car
Go to Hawaii for a few days to chill.
When I got back I'd try to find a new job.

Posted: 9/9/2010 11:21:32 AM EDT

[#4]

Pay off the house, buy a Parker 410, and go dove hunting until I felt like finding another job.

Thats just me though.

Posted: 9/9/2010 11:21:40 AM EDT

[#5]

Quoted:
I would go find another job.

Though I'd take my time about it.

Posted: 9/9/2010 11:22:02 AM EDT

[#6]

Invest most of the money. Put some in the bank. Maybe spend $10,000-$20,000 on some new toys. Take a couple of weeks off. Go find another job.

Posted: 9/9/2010 11:22:05 AM EDT

[#7]

Order a pizza and some wine, to be delivered.

Posted: 9/9/2010 11:22:36 AM EDT

[#8]

put the money in the bank

Spend the next 2-3 years writing a book and hanging out with my wife.

Posted: 9/9/2010 11:24:17 AM EDT

[#9]

Pay off any debts but the house.

Buy a AK 74 and about 20k of russian surp ammo.

Shoot about half of the ammo.

Go look for a new job.

Posted: 9/9/2010 11:24:23 AM EDT

[#10]

The unasked question is what people do when they win the lottery. The study shows that they 1. buy a new car, 2 buy a house, 3. simply expand their existing life style.

I assume OP won. So this is what you do:
1. don't tell anyone, including your girlfriend/boyfriend.
2. pay off your existing bills.
3. fix everything that you have that is broken.
4. hire some people to help you sort out what you don't use, don't want, or want to give away.
5. pay your taxes and some regular bills in advance.
6. get all of your deferred dental and medical work done.

Now, how much of that $250,000 is left?

Posted: 9/9/2010 11:25:18 AM EDT

[#11]

2 chicks, man...2 chicks.

Posted: 9/9/2010 11:26:21 AM EDT

[#12]

I just read about people retiring in belize on single person social security($1500/month for food rent transportation etc).

Off that $250,000 you could stay 13 years by my calculations

Posted: 9/9/2010 11:28:50 AM EDT

[#13]

Quoted:
File for unemployment $$$.
Pay off house and wife's car
Go to Hawaii for a few days to chill.
When I got back I'd try to find a new job.

Couldn't file for UE benefits with that chunk of change coming your way.

That being said, in what dream world would you be fired/laid off and suddenly get a check for 250k?

Posted: 9/9/2010 11:30:01 AM EDT

[#14]

Quoted:
I would go find another job.

This plus pay off the last 5 grand on Laura's car , pay off the measly $300 of have on the credit card. Oh and id buy atoy at the class 3 fun shop.

Posted: 9/9/2010 11:30:15 AM EDT

[#15]

Aruba or Grand Cayman Islands.

Posted: 9/9/2010 11:31:11 AM EDT

[#16]

Myself I'd start trying to invest in ways to grow that 1/4 mill into a million and a 1/4..As fast as I could... And do it again and again...

Posted: 9/9/2010 11:31:31 AM EDT

[#17]

If I was that lucky, I would buy 250k lottery tickets and be a billinonaire.

Posted: 9/9/2010 11:32:19 AM EDT

[#18]

I'd invest most of the money, allowing around 15k for fun. Then I'd go get another job so as not to waste the invested money. It really isn't very much cash compared to the cost of living.

Posted: 9/9/2010 11:44:26 AM EDT

[#19]

Pay off all my debts, put the rest in teh bank earning interest for retirement. Find another job ASAP and pretend like I never got the gift (until retirement of course).

Posted: 9/9/2010 12:51:58 PM EDT

[#20]

Quoted:

Quoted:
File for unemployment $$$.
Pay off house and wife's car
Go to Hawaii for a few days to chill.
When I got back I'd try to find a new job.

Couldn't file for UE benefits with that chunk of change coming your way.

That being said, in what dream world would you be fired/laid off and suddenly get a check for 250k?

For upper level corporate executives in big companies $250k would be a drop in the bucket compared to what they will get when finally shown the door. Try tens of millions or more.

Posted: 9/9/2010 1:10:13 PM EDT

[#21]

1. File for unemployment
2. Pay off house & other small debts ($125K would do it)
3. Update resume and send out to 200 employers.
4. Wait to spend the other $100K. Probably keep it as a huge rainy-day fund.

Posted: 9/9/2010 1:12:13 PM EDT

[#22]

seriously? Hookers and blow.

Posted: 9/9/2010 1:13:36 PM EDT

[#23]

Quoted:
I would go find another job.

Yep, but one I really enjoyed doing.

Posted: 9/9/2010 1:15:27 PM EDT

[#24]

Put a down payment on a Lamborgini supperlegger, At St Louis Motor sports

Posted: 9/9/2010 1:15:50 PM EDT

[#25]

Pay off the house, buy a car, and knock my wife up again.

Posted: 9/9/2010 1:18:06 PM EDT

[#26]

Buy a newER truck and invest the fuck out of the rest.

Posted: 9/9/2010 1:18:20 PM EDT

[#27]

Quoted:
Let's say you woke up today just like any other day.....and then you lost your job and was given a quarter of a million dollars.

What would you do?

Pay off my debts and find another job. I could spend that money in no time.

Posted: 9/9/2010 1:20:47 PM EDT

[#28]

Spend $20,000. Invest the rest and carry on like I am.

Posted: 9/9/2010 1:23:34 PM EDT

[#29]

Buy a few houses put the rest in the bank.

Posted: 9/9/2010 1:24:42 PM EDT

[#30]

Pay off all debts, invest some so I have money working better for me, bank the rest, go look for another job.

Posted: 9/9/2010 1:26:20 PM EDT

[#31]

Quoted:
seriously? Hookers and blow.

This.

Well, they are a pretty good band.

Posted: 9/9/2010 1:28:08 PM EDT

[#32]

Find another job and invest a large portion of the money.

Posted: 9/9/2010 1:28:55 PM EDT

[#33]

Buy as much land as possible.

Posted: 9/9/2010 1:30:03 PM EDT

[#34]

Two chicks at the same time.

Posted: 9/9/2010 1:30:05 PM EDT

[#35]

Quoted:

I would go find another job.

This. $250K isn't even close to enough for me to retire.

I'd pay off a few debts and buy a used pickup - I'm looking for a truck already.

I might be tempted to start a business doing NC-style Pig Pickin' catering, but I'd still look for another day job.

Posted: 9/9/2010 1:30:25 PM EDT

[#36]

In my current situation I would just pay cash for a house and a little bit of property and go find a new job. Without a mortgage, just about any job would carry me through for a while assuming I didn't change my lifestyle, which I don't think I would.

A quarter mil is a good chunk of change, don't get me wrong, but it's not enough to retire and live the good life all by itself.

Posted: 9/9/2010 1:40:49 PM EDT

[#37]

Quoted:

Two chicks at the same time.

FTW

Realistically,

Buy a 10+ acres of land put a small house on it and then have my attorney file for an Allodial title

Still work at my job still use my GI bill and get a degree

any extra money into savings not a 401k don't want the fucking man getting it

Posted: 9/9/2010 1:42:33 PM EDT

[#38]

Quoted:

Let's say you woke up today just like any other day.....and then you lost your job and was given a quarter of a million dollars.

What would you do?

Go find another job? 250k ain't that much.

Posted: 9/9/2010 1:43:11 PM EDT

[#39]

Quoted:
I would go find another job.

Posted: 9/9/2010 1:44:09 PM EDT

[#40]

I'd get me a six pack of Sam Adams Cherry Wheat. Love that stuff. Hey I can do that anyways! Maybe I am a rich man!

Posted: 9/9/2010 1:47:38 PM EDT

[#41]

Apply for another job.

Pay off all debt and car loan, $2k total.

Set aside $20k for the rest of my college expenses.

Spend $28k on an AR, ammo, tactical gear set up, NV, new snowboard equipment, new rims and tires for the car and SCUBA gear.

Invest $100k and not touch it for retirement, place the other $100k in 12 rolling over CDs (1 each month) as my rainy day fund/retirement money.

Basically I'd spend $50k and save the rest.

Posted: 9/9/2010 1:48:42 PM EDT

[#42]

Go back to bed...

Posted: 9/9/2010 1:49:02 PM EDT

[#43]

file for unemployment, look for another job, maybe pay off the house...

Posted: 9/9/2010 1:49:56 PM EDT

[#44]

Quoted:

Quoted:
Let's say you woke up today just like any other day.....and then you lost your job and was given a quarter of a million dollars.

What would you do?

Go find another job? 250k ain't that much.

Yep. I would pay off my debts and go find a job doing something I actually enjoy as opposed to feeling trapped in a job because I gots to make the bills.

Posted: 9/9/2010 1:52:03 PM EDT

[#45]

Pay off all debt, acquire some solid, long lasting assets, invest.

some of it would go toward fun: maybe 1-3%

Posted: 9/9/2010 1:52:52 PM EDT

[#46]

Pay off house and cars and go back to cleaning pools for $7.50 an hour and school full time on the GI Bill.

Posted: 9/9/2010 1:52:56 PM EDT

[#47]

Porn. I'd start producing porn.

Posted: 9/9/2010 1:54:45 PM EDT

[#48]

O D

Posted: 9/9/2010 1:54:53 PM EDT

[#49]

hooker and blow buy house new dodge ram. invest

Posted: 9/9/2010 1:55:18 PM EDT

[#50]

pay off all debt, buy a modest home, buy a few wants, and put the rest in the bank or invest

[ARCHIVED THREAD] - How Would You Proceed? (Page 1 of 2)

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