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View Full Version : I have $10,000 AND.


sumdude
Mar 24, 2009, 12:55 PM
I'd like to read your thoughts on what someone with $10,000 burning a hole in their pocket should do with it. Why? Because I honestly think our money will be worth less soon and want to see if I'm just completely insane or on the 'money' (no pun intended)!

So, what would be the best method to get the best bang out of my dollar bills? Remodel the basement; pay a big chunk off on a car loan; buy a Harley Davidson; throw a huge party... Your GOOD ideas and a blurb WHY hopefully will intrigue me & by the way THANKS!.

I'll let you all know what I choose when a good one comes to the screen :-D

Scleros
Mar 24, 2009, 01:11 PM
I'd like to read your thoughts on what someone with $10,000 burning a hole in their pocket should do with it.

I'd give it to this AMHD dude named Scleros...

Barring that, I'd pay down/off any loans or credit cards. Why? Interest payments are costing money. The only scenario for not doing this would be if another use of the $10,000 generated more income than the interest expense. Regardless of the money's worth now or later, a hole is still a hole.

spitvenom
Mar 24, 2009, 01:18 PM
If you really don't care about it Take it to Vegas and put it all on 20 black if you lose no big deal it doesn't mean anything. If you win then be prepared for the time of your life in Vegas.