My Account
Report problem with this ad
Start a related thread
Start a related poll
Reply via Boardmail
May 12, 2022
10:08
:18
am
toadie
All-American
Buy some land and develop it on the coast! In six months, I'll let you know if
it was a good idea.
Start a related thread
Start a related poll
Reply via Boardmail
Report problem with this ad
toadie
Bio page
toadie
Joined
Mar 7, 2001
Last login
May 14, 2024
Total posts
3,176 (6 FO)
Report problem with this ad
Messages
Author
Time
If you were sitting on a wad of cash, if 500K what would you do with it now?
RedBeard
5/12/22 9:55am
Buy a rental property, perhaps
Dan
5/12/22 9:56am
I just did that recently
whoneedscorners?
5/12/22 9:59am
Did you refinance it? Why didn't you lock in a mortgage?
ebv
5/12/22 10:02am
We paid cash
whoneedscorners?
5/12/22 10:04am
Darn. Sorry to hear that. Hopefully the flip goes well.
ebv
5/12/22 10:06am
It will be okay
whoneedscorners?
5/12/22 10:08am
Not judging here but why did you pay cash, rather than finance it up front, and
Iman23
5/12/22 10:08am
Or were you going to get your cash back out with a higher appraisal? That could
Iman23
5/12/22 10:11am
The transaction was such that we needed to move quickly with a cash offer
whoneedscorners?
5/12/22 10:17am
Have you asked your neighbor for ideas?
Gustav
5/12/22 9:57am
RE: If you were sitting on a wad of cash, if 500K what would you do with it now?
Sea Chicken
5/12/22 9:59am
RE: If you were sitting on a wad of cash, if 500K what would you do with it now?
Indy Coug
5/12/22 10:01am
Take half and DCA the market as it continues to go down.
byubyu
5/12/22 10:02am
This is the way.
ebv
5/12/22 10:03am
Pick a time to put it in VTI, VTSAX or similar. Either lump sum or DCA. That's mostly because I have a long investing
slappy
5/12/22 10:03am
Buy a Lamborghini.
Flippy
5/12/22 10:03am
nothing
Belboz
5/12/22 10:07am
Buy some land and develop it on the coast! In six months, I'll let you know if
toadie
5/12/22 10:08am
Build a house and be my own GC
Idacoug
5/12/22 10:13am
What is your exit timeframe? (When do you need the money?)
NOCAL_YFAN
5/12/22 10:13am
Hard money lending.
blueaussie
5/12/22 10:17am
No risk there if you have the right equipment and appetite.
ebv
5/12/22 10:24am
Pretty true
Dan
5/12/22 11:28am
Sounds bad for my back
JuicyJam
5/12/22 10:23am
I will add: What if you want to offset tax liability for the current year?
RedBeard
5/12/22 10:39am
One time gift to your good friend Loafer.
Loafer
5/12/22 10:45am
Where does everyone keep coming up with these 500k wads of cash?
ochobeeguy
5/12/22 10:57am
RE: Where does everyone keep coming up with these 500k wads of cash?
ebv
5/12/22 11:03am
Inflation. Thought everyone had one these days.
RedBeard
5/12/22 2:03pm
Report problem with this ad
Posting on CougarBoard
In order to post, you will need to either
sign up
or
log in
.
Report problem with this ad
