70% into Bitcoin, 20% into Eth, 10% into mix of poocoins.

Jun 21, 2021
7:59:10pm

EQD2 Contributor

Go about your business. Check in on your millions the next time all the media can talk about is how millenials cant manage their money so they shouldnt be allowed to but stocks or crypto, as this will indicate you are doing great.

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EQD2

Bio page: EQD2
Joined: Sep 13, 2019
Last login: May 18, 2024
Total posts: 3,565 (45 FO)

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Messages

Author

Time

Let's say you receive a large sum of money... From where doesn't matter, but

DeekLyfter

6/21/21 7:42pm

Grow it to 3x and then retire

Nat Gas Man

6/21/21 7:44pm

Like Chia Pet?

TNT

6/21/21 7:44pm

Is 3 times 2.4 million or 6.4 million?

timponyloco

6/21/21 7:56pm

2.4

Mr. Rumsfield

6/21/21 8:05pm

Can you retire on 2.4 million at the age of 40?

timponyloco

6/21/21 8:27pm

4% would be almost 100k per year

rad dawg

6/21/21 9:14pm

I say no, unless you do not have any kids in your house is already paid for

Mr. Rumsfield

6/21/21 9:39pm

Easily.

valleus

6/22/21 8:41am

Easy

TheLoneCougar

6/22/21 1:04pm

Put a down payment on a Corvette

Grammar Police

6/21/21 7:44pm

To be honest, I probably would. It'd be hard not to

DeekLyfter

6/21/21 7:47pm

Note Deek, all of these CBers are lying. You know they would go for the bling bling

TNT

6/21/21 7:47pm

RE: Let's say you receive a large sum of money... From where doesn't matter, but

the_byu_flash

6/21/21 7:44pm

put it away, let it grow,

ChinaFan

6/21/21 7:45pm

RE: put it away, let it grow,

TNT

6/21/21 7:46pm

To what end? One can't simply say "let it grow". There's need to be goals

DeekLyfter

6/21/21 7:48pm

you asked what to do with the money, not to give you goals. If you want suggestions for someone your age? Well

ChinaFan

6/23/21 12:03am

RE: put it away, let it grow,

ColonelMustard

6/22/21 6:52am

RE: put it away, let it grow,

Pangare

6/22/21 12:03pm

Retirement account

Y05

6/21/21 7:45pm

RE: Let's say you receive a large sum of money... From where doesn't matter, but

slappy

6/21/21 7:47pm

I wouldn't gamble it. VTSAX, most likely.

ReyOso

6/21/21 7:47pm

Index fund and forget about it for 25 years.

BlackBart

6/21/21 7:48pm

Texas Real estate.

BYUALWAYSNUM1

6/21/21 7:48pm

Any reasons why TX real estate? I live in TX and property taxes are high.

federer

6/21/21 10:12pm

It's not Utah or California.

BYUALWAYSNUM1

6/21/21 10:51pm

You're young. Id do like 30% VTI, 60% real estate down payments, and 10% metals

Backcountry

6/21/21 7:49pm

Like Metallica or Motley Crue?

TNT

6/21/21 7:50pm

Between the Buried and Me

Backcountry

6/21/21 7:51pm

If it is enough the person may qualify as accredited. I’d sprinkle $50,000 - $100,000 across 8-12 very well vetted angel

Trent

6/21/21 7:50pm

Put in a pool, invest the rest

CBaass

6/21/21 7:50pm

<< Deleted >>

panacablue

6/21/21 7:51pm

70% into Bitcoin, 20% into Eth, 10% into mix of poocoins.

EQD2

6/21/21 7:59pm

$800K is nothing, you need a lot more to see any real change....

777

6/21/21 8:00pm

No. Your boat cost $800k

TNT

6/21/21 8:03pm

Wrong. $800K will measurably change your life

TeeKaa

6/21/21 8:42pm

Buy tomato plants

CougsOrDeath

6/21/21 8:10pm

Just don't eat the tomatoes. You have to replant them.

cruoti

6/21/21 9:25pm

Probably pay off a home, buy a boat and a truck, and invest the rest. Not the

cougaman

6/21/21 8:18pm

500k retirement and taxable accounts. 200k to mortgage. 100k to student loans

cougfanz

6/21/21 8:23pm

I’d hold off on any student loans right now unless private loans. But I’d pay

Powerbait DPM

6/22/21 8:22am

Good point.

cougfanz

6/22/21 8:36am

Drop out of college, buy a business.

Plato

6/21/21 8:27pm

Instead of talking to your wife about it, start talking to HIS wife about what you guys are going to do with it. 😀

RootieBoy

6/21/21 8:32pm

Is $800K pre or post tax?

Eddie

6/21/21 8:35pm

$600k invested in Triple Net Medical facility

UVCoug

6/21/21 8:36pm

Max out 529 plan contributions for each kid

bruincoug

6/21/21 9:01pm

Probably take like 400k and buy a 10 unit apartment

Heath Squashwell

6/21/21 9:03pm

You’re braver than me.

Salami Karate

6/21/21 9:04pm

lol

conetah

6/22/21 9:11am

350k towards a down payment for a house.

JuicyJam

6/21/21 9:24pm

$50k held in trust for my kids. They can access it when they turn 60.

weasal

6/21/21 9:26pm

Yup grow it

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