Econ What if you had $50K...

[dougiemac]

Let's play a hypothetical game.

What if you saved up $50K...what would you do with it?

What would be the best way to invest it?

What would be the best thing to do with the money?

Pay extra on your house? Buy a franchise? Buy some real estate? Invest in a buisness? Buy a kickass truck? Buy a vacation condo?

What would you do???

 

[karlvv]

Beans, bullets, and some gold and silver. I'm a pessimist.

 

[SouthernSlammed]

Been thinking about this!

Two choices are leaning towards property or start of business!

 

[dougiemac]

Been thinking about this!

Two choices are leaning towards property or start of business!

What kind of business and what kind of property and where?

 

[AtlMedic]

If it's not already done, I'd pay off debt.

Assuming it is done, I would start a small business.

 

[DoglegArms]

I'd use half to pay down debt and the other half to buy land.

I think the wiser would use it all to pay off debt but I'm not that wise.

 

[Liberty]

Turn my residence into a paid off rental and then buy a farm.

 

[SouthernSlammed]

What kind of business and what kind of property and where?

Business would probably classic truck restoration, or rebuilding salvaged vehicles (correct way)! Wilkenson/Johnson/Washington County are around me. Land is very resonable!

 

[00formula6spd]

Gold, Silver. buy low sell high.

 

[Cudruln]

Any possible debt, land, gun related items and last but not least non perishables (gold and silver). That would be the order I would apply it and determine what I would want the most of at that time.

 

[Hayata]

Rental property in midtown...

 

[dougiemac]

If it's not already done, I'd pay off debt.

Assuming it is done, I would start a small business.

What if you had no unsecured debt and already have a small business?

 

[1776]

 

[Liberty]

Wait until we bomb somebody, then buy quality shares during the selloff.

 

[cbh13]

property or a machine gun, will never be more of either

 

[Huddy]

Up until the results of the election, I'd have said to buy an original select fire M16 or Kalashnikov...would only get ridiculously more valuable under Hilliary.
Now, real-estate would be more wise...especially a rental property, or finance your own flip. That's what I'd do if there we're no debts to consider.

 

[Huddy]

property or a machine gun, will never be more of either

Think of all of the millions of dollars that will be lost by NFA select fire owners if the GCA is overturned during this term of govt leadership...suddenly companies can sell new models again and the price would drop drastically.

 

[Laufen]

I'm young enough that I would invest it in some slightly higher risk stocks.

 

[chance]

Buy 5+ machine guns in the 10k or less price range.

 

[dougiemac]

I'm young enough that I would invest it in some slightly higher risk stocks.

Anything in particular?