if you suddenly got $50,000 how would you spend it?

knowmad · Post by **knowmad** » Sun Jan 30, 2011 10:31 pm

theCryptofishist wrote:
Simon of the Playa wrote: and i'd finally after 15 years without insurance go get my teeth fixed.
What poverty does to teeth is not pretty. I know it; I'm going through it and I have a friend who is going through it and just not pretty.

+1

Simon of the Playa · Post by **Simon of the Playa** » Sun Jan 30, 2011 11:38 pm

i have done my own oral surgery for many years, including abcesses and pulling teeth.

i have used vet prescribed amoxicillin because it's the same for horses or people, 500mgs is 500mgs.

samples of drugs from friends who work at doctors offices.

fixed and sutured and stitched my own knee after a motorcycle accident because when i actually WENT to the emergency room, because of my no ins. status i sat there bleeding for 7 fucking hours without so much as a bandaid before i cut my pants off with scissors, walked out hailed a cab, went to CVS, bought all the shit i needed, and did it myself.

it was the Last time i've stepped foot in a hospital, that was 6 or 7 years ago.

2 torn rotator cuffs...numerous broken toes, ribs..couple of collapsed lungs.

all healed myself.

top it off, i have Marfan's syndrome and although it's illegal to cherry pick for pre-existing conditions, the rates here are insane, and i'll be damned if i go to SSI or any Gov. Office. for a handout.

bitter about the State of Health care in the US, you betcha.
angry at the republicans, big pharma, the medical insurance companies, malpractice lawyers and Doctors who work only to line their pockets and not to cure and help, it goes without saying.

i'm pretty resourceful and resilient and am a survivor of sorts, but god help the sick, or the poor with sick family members, or just the dumb joe without insurance who slips on a ladder and all of a sudden can't work for 6 weeks and is looking at a 10,000$ hospital bill he can't pay because he's losing his house too.

grrrrrrr.

ok, im done bitching. I think national health care is a good idea, thats obvious.

I worked for Sen. bob Kerry because he wanted a national health care plan back in 92'.

it seemed logical, feasible and financially sound.

it failed miserably, and instead we got the monstrosity known as "Managed" health care as a result of the Insurance companies and their Man Sen jay Rockefeller pushing legislation that did not provide management or health care, only more paperwork, and a middleman.

i honestly don't see things changing, the profit motive all around is too great.

rant over...what was the topic again?

oh yeah....$50,000 grand....hookers and blow, duh.

Psychocybin420 · Post by **Psychocybin420** » Mon Jan 31, 2011 10:04 pm

I would buy a bus.. and a burning man ticket, and everything i need and want for burning man. And if i had money left over i would buy the biggest tv i could buy with cable.

RangerTurtleDove · Post by **RangerTurtleDove** » Mon Jan 31, 2011 10:45 pm

Travel Travel Travel. Get my camping supplies in tip top shape and also buy a sweet truck with a trailer over the back. I've been considering a gun lately too.

Also, I want to learn to sew leather, so the stuff for that.

Oh, and an amp for my electric guitar.

Then the rest on hookers and blow of course.

Lassen Forge · Post by **Lassen Forge** » Tue Feb 01, 2011 11:48 am

Downpayment for land... somewhere... ;)

pinemom · Post by **pinemom** » Tue Feb 01, 2011 11:51 am

Hookers and blow. yup.

gypsy68 · Post by **gypsy68** » Fri Feb 04, 2011 2:35 pm

Pay off credit cards & student loans.
Buy a nice little camper van. Living in the NW I get really tired of setting up a tent in the rain.

Markote · Post by **Markote** » Sun Feb 06, 2011 10:08 am

Well seeing I live on my boat sooo no rent nooo dept. and I buried my car. I'd Give my daughter 20,000, Just to see what she would do, Then Sail to Costa Rica and be a hammock streatcher till 2011 BM starts.

janicels · Post by **janicels** » Sun Feb 06, 2011 10:19 am

mmm that is a good question..being that i just turned fifty..on jan 6.just had a knee replacement on the 24 of jan..and have RA..i think i would have to buy a golf cart...so i can get to the greeter gate to do my job..and make sure
that if someone needed something or could not get to where they need to be on the playa i would share my cart with them...there is nothing like being able to get to go see stuff on the playa ...and then i would get to do more then i have the last 6 burns...it would be nice

Post by **mdmf007** » Sun Feb 06, 2011 9:30 pm

pinemom wrote:Hookers and blow. yup.

Is the blow for the Hookers? or for you? or for all? Just want to get it straight...

Turnip · Post by **Turnip** » Sun Feb 06, 2011 9:51 pm

around these parts you can buy a nice starter house for about 30,000 or less, depending on the size.

I'd buy that, pay ahead on some utilities. I'm tired of throwing my money away on renting.
Trade my jimmy in for something with a transmission that isn't about to fall out. Nothing fancy just something more dependable. Maybe 5k+ the trade in value of my jimmy.

Give my boyfriend a few bucks to fix up his Mazda rx-7 the way he wants it.

Help out the animal shelter I volunteer out. Perhaps pay for some of their expansion.

Invest the rest.

jack_k · Post by **jack_k** » Wed Feb 23, 2011 12:13 pm

That would be so amazing!

50 000 wouldn't change a lot... just put a down payment on a condo so my rent would be going towards something.

I'd also put most of the money aside for nursing school.

Whatever is left over... TRAVEL + snowboarding trips + rock climbing.

Plus some wicked BM gifting!

motskyroonmatick · Post by **motskyroonmatick** » Wed Feb 23, 2011 7:33 pm

I retract my previous post in this thread and insert this.

or it's little brother.

H.G.Crosby · Post by **H.G.Crosby** » Wed Feb 23, 2011 8:05 pm

*$24,995 to the ex w kids (mine)
*$24,995 to the GF w kids (not mine)

*$10 to me for cigarettes...Marlboro, not the off brand.

both of them know how to handle money better than i do anyway.

Ugly Dougly · Post by **Ugly Dougly** » Thu Feb 24, 2011 10:07 am

I'd love to buy a place in the country. Not sure which country at this point....

Monkeypoo · Post by **Monkeypoo** » Thu Feb 24, 2011 10:40 am

I recently acquired $34,660.00 last month. It's not $50K but closer than I'll ever get again. I've thought of a hundred things I could do with it, or want to do with it, so I start writing out a list... ((license, pickup truck, camper, downpayment on a piece of land so I can grow pot, a ticket to BM, camping gear, laptop, clothes, etc))...then I get overwhelmed, tear up the list and tell myself not to touch it for a year.

FIGJAM · Post by **FIGJAM** » Thu Feb 24, 2011 10:45 am

I a year it will only be worth half as much!!!

Sail Man · Post by **Sail Man** » Thu Feb 24, 2011 2:59 pm

Pay off bills. If I have anything left, a case of corona and a few limes.

Hookers and blow was so 90's for me

motskyroonmatick · Post by **motskyroonmatick** » Thu Feb 24, 2011 9:16 pm

Monkeypoo wrote: tell myself not to touch it for a year.

I think this is spot on with this exception. If you have bills that are costing you $ in interest expense then pay them off(like sailman says)

IMHO this kind of money should be used to facilitate a long term goal in life. For me that would be building up retirement savings and investing those savings wisely.

Over the next year think about your long term goals and weigh immediate uses versus the way investing it in a mixed stock bond portfolio would compound that money over time. Then you would have more cash for that life goal in the future. In the mean time get that $ in to a low cost brokerage account and buy bond ETF shares or in to a 5 year away target date retirement fund. That way your $ will be conservatively invested and growing a little while you decide what to do with it.

Monkeypoo · Post by **Monkeypoo** » Fri Feb 25, 2011 8:12 am

I had to read that 4 times. I will definitely have to look into that.
Sounds smart to invest and make money off money.

....after my vacation in Kauai, ok?

Am I too old to get a boob job?

Parasitoid · Post by **Parasitoid** » Fri Feb 25, 2011 8:36 am

I'd plaster it around the outside of an awesome wooden structure and then burn it all to the ground.

motskyroonmatick · Post by **motskyroonmatick** » Fri Feb 25, 2011 7:19 pm

Monkeypoo wrote:I had to read that 4 times. I will definitely have to look into that.
Sounds smart to invest and make money off money.

....after my vacation in Kauai, ok?

Am I too old to get a boob job?

Sorry. I have complicated ways of saying simple things. I've always been that way.

PM me if you want more specific information and a fairly easy book to read on the subject of long term investing. I don't want to make specific recommendations in a thread cause of the whole commerce thing.

Vacations are great! Go for it.

hinacer · Post by **hinacer** » Tue Aug 02, 2011 8:55 am

Well, those were some interesting read about the way that people would spend if they suddenly came to have $50,000 on them… It is a welcome thought and the first thing I would do was to secure my family’s financial security for the rest of our lives – of course, after very careful planning, we would use some of it to have a nice time as well!! But unfortunately, I didn’t believe that money not earned through hard work will last – but there is no harm in dreaming, is there!!

CapSmashy · Post by **CapSmashy** » Tue Aug 02, 2011 5:29 pm

Consult my financial adviser to find out the best way to keep the principle safe while maximizing any possible returns that get re-invested back into teh intial account for growth and fut... HOLY SHIT! That school bus would make the most bad ass mutant vehicle EVER!

Who are we trying to kid here. We are burners. We are the embodiment of 14 year olds with credit cards that no one says no to.

Dr Jet Sinister · Post by **Dr Jet Sinister** » Tue Aug 02, 2011 5:46 pm

CapSmashy wrote:Consult my financial adviser to find out the best way to keep the principle safe while maximizing any possible returns that get re-invested back into teh intial account for growth and fut... HOLY SHIT! That school bus would make the most bad ass mutant vehicle EVER!

Who are we trying to kid here. We are burners. We are the embodiment of 14 year olds with credit cards that no one says no to.

**WINNER**

The CO · Post by **The CO** » Tue Aug 02, 2011 6:04 pm

I'd pay off my only debt, my mortgage, and hand anything left to my broker to go in my IRA.

NellieX · Post by **NellieX** » Tue Aug 02, 2011 7:44 pm

Pay off my student loan debt
Pay off my credit card debt
Get my husband's teeth fixed
Put the rest in a CD until we can afford a house

BAS · Post by **BAS** » Wed Aug 03, 2011 9:12 am

Get out of debt. If there is anything left, get a crown my my rear molar, then replace my car. $50,000 isn't that much any more.

Ugly Dougly · Post by **Ugly Dougly** » Wed Aug 03, 2011 9:54 am

I'd give it to the government to help balance the budget.

Not really.

snake · Post by **snake** » Wed Aug 03, 2011 4:29 pm

i paid off most credit cards, bought a $3,000 pickup so i could haul a trailer out to burningman, took the kids/grandkids to disneyland, put some into savings for emergencies, and put the rest into a 401k. all gone. oh...and bought a coffee table.

if you suddenly got $50,000 how would you spend it?

money

*most likely outcome.

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