You Have 300k what do you do
 

You are given 300k, Plan out what you do with it. Cars, House, start a business, Donate to charity?
Account for your spending.

In the words of MT.net...
"Hookers and Blow"

what he said

pay off debt above 4% interest rate (make sure you have 20% equity in your house to avoid PMI) and invest 90% of the rest in the 'daq and S&P after making sure we're not expecting a market correction or the Greece deal to fall through.

Spend the remaining 10% of what's left on hookers and blow and fun stuff.

I'm a naive believer in the market recovering faster than 4% / year over the next several years.

I would pay off my house and retire, sort of. What I mean is, I wouldn't have debt then, and I'd still have like 200k left over easily. I still need my 401k and medical benefits, so I'd go to work and do a Tyler Durden and end up like this:

lol at paying off house and still having 200k left over. not in the dc metropolitan region!

Buy a house and get my engineering degree.

Pay off house, cars, and some remodeling. That'll leave me and my girlfriend with $2050 extra a month, and without remodeling, $70,000. Are "wants" are fairly low key. Some new furniture, finish the deck out back along with landscaping, add a central air unit and extend our fence along the side so my dog has a little more room to play. I think we'd still have around $50,000 left.

My girlfriend would then demand a ring and vacation, neither of which I'd object to. After that, we'd probably pay off a student loan or two, put some money away, boring ---- like that.

If I had any money to my miata, as this is a miata site, I'd probably be fairly conservative. A TSE motor, 949 clutch, Xida coilovers, Abe would have to build me a 1.8 setup, and a dedicated set of 6uls with NT01s.

This would take away nearly all our currently planned expenses and together net us around $2500 extra per month, which can pay off other debt and expenses incredibly quick, and make our life extremely comfortable. Thanks -------.

finish college, buy house equals out to around 170-190k
house would have a separated garage, make that insulated and heated with a lift. 20k
spend 10k on a dd and keep the miata. put the rest in CD's with high interest rates.

I just spent 10k to build a 24x32' garage and I don't even have electric or concrete out there yet. I bet after concrete, insulation, heat, electric, garage door openers, and a lift...maybe 20k would be possible.

i would do most it myself because i enjoy a good project. i wouldn't touch electrical though

Being that I live in the house with my dad since my mom passed away and one day this house and land will be mine anyway, I would probably spend about 20k doing a little remodeling in the house especially on the bathrooms. I would build a nice big patio out back, and spend 8k on a nice zeroturn mower to mow the grass since we have almost 14 acres of land and half of it is grass. I would put 50k a peice aside for both of my daughters into a college/nest egg fund for them for when they get older. Invest about 100k, possibly buy me a 2500 hd duramax 4x4 truck, and i would supercharge, paint and do coil overs and some other odds and ends on the miata. That would account for most of it, I have a whole entire whopping 2500$ in debt so I don't have debt to pay off like most people thankfully.

300k hrmmm...

Pay off car and student loan ~7k
Sell my MR2 finally +~7k
Purchase a nice DD ~25k
Give 10k to bro and mother 20k
Build a house with badass garage 110k (Georgia lol)
Build computer lab in said house ~20k
Invest the rest.

300k would cover a nice down payment on a new house, closing costs, furniture, moving costs, and maybe 2 down payments on new DDers.

with a little leftover to put in the bank.

the bank!?

the bank...

you mean where they pay you 0.23% interest?

it used to be 5%. I think it's 0.19% now.

Pay off both houses, fund my 401k as fully as possible out of my regular pay to catch up from neglecting it for 4 years, fund my Roth up to the annual legal limit, ditto on both of those for the wife's 401k and Roth, take a vacation this summer to Anguilla again, and put most of the rest in a Vanguard small cap or mid cap index fund to park it and let it work. I would probably re-sod the yard, trim some large trees back, and dredge the opening to my little cove up at the lake for a deeper draft boat. I would probably invest in Xidas, some RS3's, and forged rods and pistons being installed, but that's about it. My wife wants to go someplace exotic like Dubai for a vacation so I would probably do that as well.

That's more than all of it I'm sure.

Go to college.

Look for jobs where I could intern part-time and learn a new career. Something I would at least like this time.

Put new flooring,new windows and new efficient AC in my GF's home.
Buy myself a decent home with a garage.
Build my Coyote V8 Miata and a Volks-rod.
Invest the rest.

Either all that, or buy a tank of gas...

Start a garage. My dream job is doing everyday what I do to my Miatas, and 300k would get me started. My father does it to Mustangs and he does pretty well for himself, I'm sure I could do alright with fixing up and selling old imports.

Also I would add to the stable a 94 B&T, a 2005 Mazdaspeed in Velocity red, and my wife would finally get her Bright red FD RX-7:D

I would probably be doing a lot of what Six suggested. I would love to buy a Waco Biplane, but TCO is just ridiculous. I hear people back and forth about paying off the house, so I probably wouldn't pay it off, but would pay it down. I'd pay off the wifes truck and buy some land for a garage and some cows. Maybe, I would provide the property for Aaron's garage that I would love to be his silent backer in. As for cool car purchase, I change my mind almost as much as I change my underwear. Early 80s 911, S2k, Lotus, or wait a few years for the TDI and then swap it for the new Golf R. I can't decide and the wife would yell at me anyway.

Most of this is already in the works, being handed $300k I didn't work for is even better.

then hire me lol.

Easy.

E39 M5, dark gray, bolt ons.
Caterham chassis, powered by an ITB'd 20b.
Ultralight aircraft, preferably something with two seats and a covered cockpit.
Downtown Chicago Loop apartment, 1 bedroom, garage space for the cars.
Whatever is left invested into assorted promising tech firms.

I'd get one of these.

https://www.miataforumz.com/attachme...ine=1332421265

In matte white.

hah, you would burn through that $300k fast.

Finish the car the way I would like it.

-30mm fenders
-RB2 front end
-15x10 6UL's
-Pay a tire company to make me some decent street rubber :p
-TSE bottom end
-Race port head
-Have cams ground to similar specs of Eliminator's car
-ARtech top mount single scroll
-SP QSV
-Holset HX60 w/ Bullseye Power BatMoWheel Billet upgrade
-3.5" exhaust
-Tune to a comfortable 600-700whp
-Hard park with drift charms and challenge people to 90 rolls

Invest some money and learn how to trade stocks. Still join the military

hahahah

lol, you laugh like you think it's a joke, haha.

I just want to see a comfortable 600 - 700 HP out of a stroked 1.8L. I bet you can you do it, I'm curious what constitutes comfortable though.

Stroker motors are a waste of money. I'll be using my B6. Comfortable is all about preferences. Once you've driven a 1000+whp car nothing is ever the same.