Hypothetically.....

[ilovemyglo]

Okay, so if you some how or another came into $300,000 completely tax free, what would you do with it?

There is one major question first- do you buy a house or invest most it?

AND- you need a new car- what kind a BMW z3 roadster for $23,000 or a Mazda Miate, or An eclipse spyder?
(YOU HAVE TO CHOOSE ONE OF THESE!)

Oh, and you don't have any current debts (like school or loans, or credit cards!)

Plus you have a full time job that affords you $ to go out and have fun and shop at your own pace.

[CC1GC]

I live in a very tight housing market, so buying real estate is a pretty solid investment.

I'd pick the roadster, sell it and buy an Audi A4 3.0...or maybe the new Acura TSX

[Kevin]

I'd see about adding that to my retirement $. My mutual funds haven't been doing so hot lately so I'd invest them in some other fund (probably Schuab) with a pretty conservative growth strategy.

[bethany1982]

I'd take the BMW. Property is usually a great investment, but I'd have to live in a different area if I wanted to buy a house...

[KillarneyRose]

Okay, so if you some how or another came into $300,000 completely tax free, what would you do with it? I would invest one third, give one third to my parents to cushion their retirement and one third to my sister to help her pay off her medical school loans.

There is one major question first- do you buy a house or invest most it? We already own a house so we would invest it. Haha, listen to me saying "we" as if I'd share with my husband! j/k!

AND- you need a new car- what kind a BMW z3 roadster for $23,000 or a Mazda Miate, or An eclipse spyder?
(YOU HAVE TO CHOOSE ONE OF THESE!) I LOVE the Eclipse Spyder. In fact, I'm trying to talk hubby into one at the moment. He thinks it's too "girly" but I am, in fact, a girl, so I don't see the problem there.

Oh, and you don't have any current debts (like school or loans, or credit cards!) School loans are paid off and I learned my lesson about credit card debt loooooong ago!

Plus you have a full time job that affords you $ to go out and have fun and shop at your own pace. If you asked my husband, he'd tell you that shopping IS my fulltime job. Silly man

[texas*princess]

I would buy/build a new 'vacation' house for my parents so they could be closer to me and not 8 hours away

[juniorgrrl]

I'd give part of it to my mom so she could pay off our house.

I'd take some of it as equity/down payment for a house for my fiance and me.

I'd take the rest and buy a condo in Florida for my mom and me to share.

And I'd go for the BMW

[Rio_Kohitsuji]

Okay, so if you some how or another came into $300,000 completely tax free, what would you do with it?

- Buy a nice house for myself, buy the TKE's a house, and buy my girls a house. (they're cheap around here)

There is one major question first- do you buy a house or invest most it?
Buy and invest what I have left

AND- you need a new car- what kind a BMW z3 roadster for $23,000 or a Mazda Miate, or An eclipse spyder?
- The spyder has a lawnmower engine amount of power so not that one. I'd take the BMW.

Oh, and you don't have any current debts (like school or loans, or credit cards!)
- My parent's foot the bill.

Plus you have a full time job that affords you $ to go out and have fun and shop at your own pace.

[madmax]

Invest the whold wad. At 7.2% the money will double every 10 years.

I always see stories on tv about people that won the lottery and are broke in a couple of years.

[MoxieGrrl]

Invest a good chunk of it, give a lot of money to my mom, pay National KD to reopen my chapter, buy a house, go for the BMW......and shop with what is left.

[mu_agd]

It will all probably go to buying a nice condo in Back Bay... that's what I want to do right now and I have yet to figure out how I'm going to afford it.

I'll take the BMW and then I'll sell it since I don't need a car in Boston and use that money to help pay for the condo becaue $300,000 is probably not going to cover the cost.....

[Peaches-n-Cream]

I know someone who won $15,000,000.

I wish she gave some to me.

[sororitygirl2]

This doesn't really sound totaly hypothetical because of all the stipulations attached... it sounds like it could possibly be someone's situation, perhaps?

I know, hypothetically speaking, if I won some money, I wouldn't buy any of those cars... A Miata? No way...

Anyway, I would buy a nice car (probably a Land Rover), use some toward a down payment on a house, give some to church/family, and invest most of the rest.

[DeltaZeecutie]

Okay, so if you some how or another came into $300,000 completely tax free, what would you do with it?

There is one major question first- do you buy a house or invest most it? Buy a house or condo or anything in LA (where I want to live) I've never been really good at saving my $$$.

AND- you need a new car- what kind a BMW z3 roadster for $23,000 or a Mazda Miate, or An eclipse spyder?
(YOU HAVE TO CHOOSE ONE OF THESE!) BMW definately...I am absolutely obsessed and I was soooooo mad because my dad got to sit in one at a car show. Wish I would have been there.

Oh, and you don't have any current debts (like school or loans, or credit cards!) That would be nice.

Plus you have a full time job that affords you $ to go out and have fun and shop at your own pace. Full time job is definately shopping.

[Eirene_DGP]

I would put half in savings and invest half...If I wanted a new car..I would get one that I could afford on my current salary. BTW, don't get that Eclipse Spyder under any condition. The eclipse is NOT known for its reliability.