Comments on: Money Question: What Would you do with a Windfall? Part 2 http://www.lazymanandmoney.com/money-question-what-would-you-do-with-a-windfall-part-2/ Saving, Earning, and Investing Money Sat, 21 Nov 2009 00:22:17 -0800 http://wordpress.org/?v=2.8.5 hourly 1 By: Chris http://www.lazymanandmoney.com/money-question-what-would-you-do-with-a-windfall-part-2/comment-page-1/#comment-13043 Chris Thu, 06 Sep 2007 15:17:04 +0000 http://www.lazymanandmoney.com/money-question-what-would-you-do-with-a-windfall-part-2/#comment-13043 Geekman, I hope you're just acting like and idiot with this statement "I’m pretty sure that in 10 years when I sold it I’d be making more than 6%". After all, you can make almost that much today in a savings account at EmigrantDirect (currently 5.05%). I've had a savings account there for almost 2 years now, and moved money into and out of it as I decide without a single problem. Geekman, I hope you’re just acting like and idiot with this statement “I’m pretty sure that in 10 years when I sold it I’d be making more than 6%”.

After all, you can make almost that much today in a savings account at EmigrantDirect (currently 5.05%). I’ve had a savings account there for almost 2 years now, and moved money into and out of it as I decide without a single problem.

]]> By: MossySF http://www.lazymanandmoney.com/money-question-what-would-you-do-with-a-windfall-part-2/comment-page-1/#comment-10598 MossySF Fri, 01 Jun 2007 13:22:06 +0000 http://www.lazymanandmoney.com/money-question-what-would-you-do-with-a-windfall-part-2/#comment-10598 I'd rent a house out and turn it into a pot growing operation. Quickest way to quintuple your money in a year. :) I’d rent a house out and turn it into a pot growing operation. Quickest way to quintuple your money in a year. :)

]]> By: Bottom Up Sites http://www.lazymanandmoney.com/money-question-what-would-you-do-with-a-windfall-part-2/comment-page-1/#comment-10597 Bottom Up Sites Fri, 01 Jun 2007 13:09:47 +0000 http://www.lazymanandmoney.com/money-question-what-would-you-do-with-a-windfall-part-2/#comment-10597 I would go the route of dividend capitalization. Stocks like AAV, CNE, and FRO pay some very nice dividends, and would get you to your 6% pretty quickly. You just have to worry about the stock going down while you have it, but I bought all three of these stocks about a month ago and they are all up AT LEAST 7%. I would go the route of dividend capitalization. Stocks like AAV, CNE, and FRO pay some very nice dividends, and would get you to your 6% pretty quickly. You just have to worry about the stock going down while you have it, but I bought all three of these stocks about a month ago and they are all up AT LEAST 7%.

]]> By: GeekMan http://www.lazymanandmoney.com/money-question-what-would-you-do-with-a-windfall-part-2/comment-page-1/#comment-10596 GeekMan Fri, 01 Jun 2007 05:09:15 +0000 http://www.lazymanandmoney.com/money-question-what-would-you-do-with-a-windfall-part-2/#comment-10596 Good question! My standard answer is to invest the money, most likely in real estate. I would probably be looking overseas to Japan for myself. Japan's real estate market has be down for 16 or 17 years IN A ROW and only last year began recovering. I'd try to buy an apartment or something near to Tokyo and rent it out. I'm pretty sure that in 10 years when I sold it I'd be making more than 6%. There's another way to invest that $50K though that might earn far, far more than 6% for a person... education. You could take classes that would lead to a higher paying job or even a career change. You could learn to be a Flash programmer earning $100K a year, or a dentist with your own practice, or even become an attorney at a large firm! Good question! My standard answer is to invest the money, most likely in real estate. I would probably be looking overseas to Japan for myself. Japan’s real estate market has be down for 16 or 17 years IN A ROW and only last year began recovering. I’d try to buy an apartment or something near to Tokyo and rent it out. I’m pretty sure that in 10 years when I sold it I’d be making more than 6%.

There’s another way to invest that $50K though that might earn far, far more than 6% for a person… education. You could take classes that would lead to a higher paying job or even a career change. You could learn to be a Flash programmer earning $100K a year, or a dentist with your own practice, or even become an attorney at a large firm!

]]> By: RateLadder.com http://www.lazymanandmoney.com/money-question-what-would-you-do-with-a-windfall-part-2/comment-page-1/#comment-10593 RateLadder.com Thu, 31 May 2007 22:43:49 +0000 http://www.lazymanandmoney.com/money-question-what-would-you-do-with-a-windfall-part-2/#comment-10593 Dare I say Prosper? Dare I say Prosper?

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