Remove Ad, Sign Up
Remove Ad, Sign Up
Register to Remove Ad
Register to Remove Ad
Register to Remove Ad
Register to Remove Ad
Signup for free
for more features
and less ads
About   Users   Help
Users & Guests Online
On Page:
Directory: 1 & 18
Entire Site: 29 & 126
Page Admin: tgags123, Page Staff: Boured,
07-18-19 11:17 PM

Thread Information

Views
1,290
Replies
17
Rating
7
Status
OPEN
Thread
Creator
Ultrajeff
02-09-19 04:34 AM
Last
Post
Rayman85
07-05-19 05:35 AM

Thread Actions





Add to favorites

Order
 

What would you do with 20,000 dollars?

 

02-09-19 04:34 AM
Ultrajeff is Offline
Link | ID: 1369872 | 120 Words

Ultrajeff
Level: 48


POSTS: 629/631
POST EXP: 58388
LVL EXP: 805452
CP: 4303.1
VIZ: 364493

Likes: 3  Dislikes: 0
I don't like bragging (I am quite puzzled when I think about this), but yesterday, I received 20,000 dollars as part of a grant for people with disabilities. Regardless of the situation, I must honestly say that I am quite confused with what to do with it aside from paying off my student loan fee for a number of reasons (I hardly spend at all so I wouldn't know what to do with most of it other than invest). Hypothetically, if for any reason, you got a hold of this amount of money, what would you do with it and why? (I could give more information about my current situation if asked). Thank you for your invaluable information, my friends.  
Trusted Member
The Vizier of Vizzed


Affected by 'Laziness Syndrome'

Registered: 06-22-12
Location: Toronto, Ontario, Canada
Last Post: 142 days
Last Active: 4 days

Post Rating: 3   Liked By: jnisol, no 8120, Sword Legion,

Related Content

Content Coming Soon

02-09-19 09:05 AM
JigSaw is Offline
Link | ID: 1369876 | 195 Words

JigSaw
Level: 157


POSTS: 7791/7913
POST EXP: 531720
LVL EXP: 49026077
CP: 6372.8
VIZ: 273610

Likes: 0  Dislikes: 0
Your best bet is to send the money to me via cashiers check. This is a good investment because I could really use that 20 grand. Thank you in advance

Seriously though, this depends on if you are able to work. If you come to realize after college that you are too disabled to work you can get your loans discharged for free and you won't have to pay a dime back.

I don't know your financial situation so it is hard to suggest what to use the money for.

The good thing about paying off the loans with it is you'd kill of any interest that occurs over time with them so you'd be saving money.

If you are disabled and are on disability the last place you should put that money is in a bank account. So either hide it or rid of it if you are. If you are not on disability then you got nothing to worry about except maybe the IRS or creditors trying to take it.

If it were me I'd use it for living expenses. But your situation may be different so it is up to you.
Site Staff
PHP Developer, Security Consultant

Affected by 'Carpal Tunnel Syndrome'

Registered: 04-06-06
Location: Area 51
Last Post: 10 hours
Last Active: 7 hours

02-09-19 09:57 AM
Divine Aurora is Offline
Link | ID: 1369877 | 81 Words

Divine Aurora
Level: 82


POSTS: 2246/2274
POST EXP: 186673
LVL EXP: 5108408
CP: 11396.9
VIZ: 394639

Likes: 0  Dislikes: 0
Look into a savings account and compound interest saving to build wealth, put about 10,000 of that money up into a savings account that earns interest on the money that sits in the account, then invest the money into property like houses and townhouse become a landlord and let the money work for you..thats what I'd do with $20,000..ironically i'm currently waiting for settlement on my inheritance from my grandparents so this is my plan of action when my money clears...
Site Staff
Content Adder


Affected by 'Laziness Syndrome'

Registered: 06-20-13
Last Post: 20 days
Last Active: 6 days

02-09-19 10:53 AM
Sword Legion is Online
Link | ID: 1369884 | 185 Words

Sword Legion
Sword legion
Sword egion
Level: 94


POSTS: 3014/3024
POST EXP: 697336
LVL EXP: 8290578
CP: 15594.6
VIZ: 86989

Likes: 1  Dislikes: 0
Want to take some risky advice?

Bitcoin.

It's seriously undervalued right now, and as we speak, several of the big players--mega corporations--are attempting to get their hands into cyrpto currencies. Just because they are so large, and creating ETFS for the product, the value of Bitcoin will probably get close to 20k like it was last year. This might take eighteen months to accomplish though.

If you want a less risky option. . . invest in Marijuana stocks. Me and my dad play the market and we shot for 5% exponential growth every week. The market is pretty safe at the moment, and as more US states make it legal. I don't think I can legally give you out the twelve we're watching though due to. . . agreements. . . . I sure can tell you want commodity to watch though.

Not sure if the stock market is your sort of thing. It's not the most conservative option, but I love it. It's great you got that money though. Do whatever you feel comfortable with! I'm really happy for you Jeff! Use it wisely!
Trusted Member
Dark knight of the blackened sun. I am Sword Legion, one of many. My mask is thick, and my armor is strong. All the more necessary in a world such as this. . .


Affected by 'Laziness Syndrome'

Registered: 09-27-12
Location: Faxanadu
Last Post: 9 days
Last Active: 40 sec.

Post Rating: 1   Liked By: jnisol,

02-09-19 09:29 PM
sonicmcmuffin is Offline
Link | ID: 1369907 | 29 Words

sonicmcmuffin
Davideo/
Level: 127


POSTS: 5396/5412
POST EXP: 451078
LVL EXP: 23315593
CP: 18329.4
VIZ: 984069

Likes: 0  Dislikes: 0
I would change it to a currency i could actually use

EZ PZ

but nah i would probably spend it on helping my family out with whatever they needed... 
Site Staff
Content Writer
#1 Pointless title on Vizzed


Affected by 'Laziness Syndrome'

Registered: 02-26-10
Location: UK
Last Post: 75 days
Last Active: 22 days

02-16-19 08:06 AM
MonaRetro is Offline
Link | ID: 1370056 | 7 Words

MonaRetro
Level: 5


POSTS: 4/9
POST EXP: 139
LVL EXP: 350
CP: 100.2
VIZ: 7990

Likes: 1  Dislikes: 0
Congrats! I would party even harder lol
Newbie

Affected by 'Laziness Syndrome'

Registered: 01-31-19
Last Post: 108 days
Last Active: 29 days

Post Rating: 1   Liked By: jnisol,

03-27-19 12:54 AM
m0ssb3rg935 is Offline
Link | ID: 1370714 | 103 Words

m0ssb3rg935
m0ssb3rg935
Level: 100


POSTS: 3396/3521
POST EXP: 276281
LVL EXP: 10068084
CP: 20971.9
VIZ: 296068

Likes: 0  Dislikes: 0
What I would do with it is very specific to my home situation. I'd help with household finances, get some tutoring and maybe look towards getting prepared to go to some kind of technical school, etc.

But more than anything, I wouldn't forget that, with cost of living steadily increasing, $20,000 is NOT a lot of money. It's certainly a sizable amount, but when you put it into the context of living off of it, you'd be hard pressed to run a household with it for even a year.

My best advice is to handle it VERY carefully because it disappears really quickly.
Administrator
Social Media Manager; User Manager
Token Clueless Guy to Make Others Look Smarter


Affected by 'Laziness Syndrome'

Registered: 03-09-13
Location: Tennessee
Last Post: 4 days
Last Active: 45 min.

04-02-19 12:03 PM
Boured is Offline
Link | ID: 1370914 | 12 Words

Boured
18mlivingston
DanceDanceRevolution7
Level: 77


POSTS: 1860/1892
POST EXP: 91572
LVL EXP: 4181154
CP: 8216.0
VIZ: 1543553

Likes: 0  Dislikes: 0
Half in savings, half to blow on random trash, that's about it.
Local Moderator
Gameplay Recorder
The Guildmaster


Affected by 'Laziness Syndrome'

Registered: 06-23-12
Location: My Laptop
Last Post: 5 days
Last Active: 17 hours

04-05-19 10:08 AM
re4leonk07 is Offline
Link | ID: 1371062 | 123 Words

re4leonk07
Level: 18


POSTS: 56/63
POST EXP: 7113
LVL EXP: 26638
CP: 290.1
VIZ: 26681

Likes: 1  Dislikes: 0
If I had 20,000 dollars, I'd spend most of it paying off all of the debt I've managed to get myself in. Then I'd buy myself a nice computer, a new Xbox One, something really nice for my mom and a puppy because I love dogs. I'd also get something very nice for my best friend because she deserves it after putting up with my bulls*** for 5 years she really is a champion. I'd also buy something special for my wife, she's a champ for marrying me and being with me for this long. I really do love her. And I think I'd throw a couple grand to my baby sister for supporting me when I needed it the most.
Member

Affected by 'Laziness Syndrome'

Registered: 10-10-11
Location: New York
Last Post: 65 days
Last Active: 9 days

Post Rating: 1   Liked By: no 8120,

04-06-19 02:42 PM
zanderlex is Offline
Link | ID: 1371121 | 31 Words

zanderlex
Poor Davideo7
Level: 230


POSTS: 25120/25239
POST EXP: 1517192
LVL EXP: 184712964
CP: 121137.4
VIZ: 3951235

Likes: 0  Dislikes: 0
If I had that much, I would pay off my student loans. I would be able to cover those and then have a little extra to spend on whatever I want.
Local Moderator
Content Adder
Sergei's Mustaches


Affected by 'Carpal Tunnel Syndrome'

Registered: 09-25-13
Location: Inaba
Last Post: 23 hours
Last Active: 30 min.

04-06-19 04:42 PM
pennylessz is Offline
Link | ID: 1371129 | 42 Words

pennylessz
Level: 80


POSTS: 1503/1845
POST EXP: 84699
LVL EXP: 4651453
CP: 2406.7
VIZ: 90831

Likes: 0  Dislikes: 0
I have no clue what you used it for, but I'd probably buy a couple big things, get my girlfriend a couple big things, then use the rest to pay for bills. I think it would be useful as a safety net.
Vizzed Elite

Affected by 'Laziness Syndrome'

Registered: 02-10-10
Location: Within the wires.
Last Post: 20 days
Last Active: 20 days

04-15-19 11:47 PM
Snodeca is Offline
Link | ID: 1371705 | 274 Words

Snodeca
TheJmsGamer
Level: 60


POSTS: 1120/1129
POST EXP: 103368
LVL EXP: 1703972
CP: 6119.5
VIZ: 32117

Likes: 0  Dislikes: 0
Wow the new post reply page is weird. Proves it's been a while lol.

First of all, $20,000.00 = €17,694.80 at today's rate

Uhm, I would first and foremost definitely buy a 3DS with a Capture Card so that I can properly speedrun my favourite game (Mario & Luigi: Dream Team, 5 hour speedrun). After that, probably repay my only soon-to-be-fine (or whatever it's called) I have (I accidentally bought something annually instead of monthly and they didn't offer a refund. Money went into the negative. No way to earn money so haven't been able to repay it lmao.).

After that I still have about €17,000. Repay all the stuff that might need to be repaid for school (we're poor people) and, well, assuming we have €16,500 left, all I can say is I don't know. A good computer probably, all the Mario & Luigi games + a GameCube + GameBoy Player thing for Mario & Luigi Superstar + a good capture card + glasses. Definitely a pair of glasses. I guess I'd need to get braces and fix my teeth. Transgender stuff. And I think that's about it.

Let's say that we'd have about €12,000 or something. Well, lastly, for school in the future lol. Or college, university (if I'm capable emotionally, I know I'm not right now at all....(refer back to one hour ago @me)), whatever, all the same to me.

I'd probably also donate to a couple stuff like WWF or something. Most likely a speedrunning marathon that donates to something else then (for example GDQ gets over a million and about 87% of that money goes to Doctors Without Borders)
Trusted Member

Affected by 'Laziness Syndrome'

Registered: 01-08-14
Location: In The Observable Universe
Last Post: 88 days
Last Active: 10 days

05-07-19 09:46 AM
no 8120 is Offline
Link | ID: 1372176 | 38 Words

no 8120
Level: 43

POSTS: 466/478
POST EXP: 39543
LVL EXP: 532889
CP: 94856.0
VIZ: 3975468

Likes: 0  Dislikes: 0
Ultrajeff : if I had 20,000 dollars I would keep 2,000 in a savings account and the rest I would invest in either saving bonds or a term deposit since both pay a bit more interest than the bank
Site Staff
Content Adder

Affected by 'Laziness Syndrome'

Registered: 06-04-12
Location: CANADA
Last Post: 1 day
Last Active: 1 hour

07-01-19 02:40 PM
TheFadedWarrior is Offline
Link | ID: 1372775 | 54 Words

Level: 102


POSTS: 3560/3565
POST EXP: 266114
LVL EXP: 11072725
CP: 19746.6
VIZ: 152235

Likes: 0  Dislikes: 0
bust it all on meth

I actually hope you spent most, if not all, of it on student loans. Debts will only pile up if you don't pay them down. Personally I'd probably take out like 3,000 for necessities (NOT to splurge on video games or whatever) and spend the rest paying down loans.
Vizzed Elite
The Melee Master


Affected by 'Laziness Syndrome'

Registered: 02-19-12
Location: There
Last Post: 4 days
Last Active: 12 hours

07-01-19 06:27 PM
thing1 is Offline
Link | ID: 1372784 | 70 Words

thing1
Thingywingy
Level: 205


POSTS: 17053/17071
POST EXP: 915075
LVL EXP: 123931087
CP: 29572.1
VIZ: 76743

Likes: 0  Dislikes: 0
That's difficult. The smart thing to do would be to put it in savings so that I have money to move once I graduate from college in a year.

But if we are talking realistically, if I were to be given 20 grand today, I would probably pay my car loan off, and use the remaining $7,000 and change to take a 2 week trip to either Japan or Europe.
Vizzed Elite
What is life?


Affected by 'Laziness Syndrome'

Registered: 02-03-11
Location: In the South
Last Post: 11 days
Last Active: 4 hours

07-01-19 06:58 PM
Furret is Online
Link | ID: 1372786 | 55 Words

Furret
Davideo69
Level: 127


POSTS: 5799/6088
POST EXP: 329166
LVL EXP: 23399055
CP: 32764.4
VIZ: 2469523

Likes: 0  Dislikes: 0
Aside from a Switch I don't know if I'd buy any luxury items. Don't really have any debts as tuition is relatively affordable where I'm at.

Boring answer would be to save it but that's realistically what I'd do. Probably buy a couple rounds if I'm with friends in a bar for some weird reason.
Global Moderator
Activities Manager; Minecraft Server Admin
#1 Ace Attorney fan


Affected by 'Trooperness Syndrome'

Registered: 11-25-12
Location: Belgium
Last Post: 13 min.
Last Active: 12 min.

07-02-19 04:43 PM
Fyredove is Offline
Link | ID: 1372859 | 59 Words

Fyredove
Pokefreak219
7oedivaD
Level: 71


POSTS: 1493/1518
POST EXP: 106334
LVL EXP: 3029618
CP: 6847.3
VIZ: 122546

Likes: 1  Dislikes: 0
Personally first thing is first, I would move out of my parents house and move in with my boyfriend. Its kind of my goal currently to leave the house and all. If there was anything left after moving and getting all things we need and ect, I honestly would probably just save it for when we need it.

SonicOlmstead : <3
Local Moderator
Minecraft Admin


Affected by 'Laziness Syndrome'

Registered: 05-11-12
Location: Neko Isle
Last Post: 7 days
Last Active: 3 hours

Post Rating: 1   Liked By: SonicOlmstead,

07-05-19 05:35 AM
Rayman85 is Offline
Link | ID: 1373056 | 20 Words

Rayman85
Level: 15


POSTS: 21/48
POST EXP: 20964
LVL EXP: 14988
CP: 4397.5
VIZ: 448489

Likes: 0  Dislikes: 0
Buy some amiibos and games, and the rest I'd save to pay for taxes and shut up the damned government.
Member

Affected by 'Laziness Syndrome'

Registered: 12-25-13
Location: Canada
Last Post: 3 days
Last Active: 1 day

Links