But then what do you do with the other $50,000?
Loan $10,000 each to three promising MBA grads to start up small business ventures, at an interest rate slightly below the market with the stipulation that you have reinvestment and stock options for the life of the business, plus a negotiated bonus payment for any profit over a negotiated level during the first three years of the business (for taking the risk and believing in the little dears).
Put $10,000 in a 6 month CD, $5000 in a regular savings account, and use the remaining $5000 to pay off as much of your personal debt as possible.
50k will buy you a 1/4 acre lot where I live. You can buy the lot and put a tent on it.
I like your thinking.
Cheers man.
[indent][indent]In the beginning there was nothing but an omniscient and omnipotent clump of spaghetti and meatballs. With his Noodley Appendages, the Flying Spaghetti Monster created the universe, starting with trees, a mountain and a midget. Thereafter, He reached down with his Noodley Appendages and muddled the atomic record.[/indent][/indent]
I think we just found our replacement for ar59 or whoever that fucker was.
Buy MAP and become a R341 shit poster.
I take it you are not a parishioner of the Church of the Flying Spaghetti Monster?
I was mocking the posts of your better half in the “Rudy loves Joanie” thread. I can’t mock yours because I promised myself a long time ago I would not start scores of new threads only people like MediumMike could be proud of.
I’m really not trying to be mean here, but your humor reminds me of one of my ex’s. And honestly, it is really shitty. Basically it’s funny because you meshed a bunch of silly names together. It lacks substance, like a dead coke whore.
See funny is something like, “What’s the only positive thing about Africa?”
Answer: HIV.
See, that’s funny. It stings, it’s got creativity, it’s the old-switcheroo. It’s unexpected. But funny. Your shtick is just plain shitty.
Fixed that for you.
Ya’ cut me deep, Sirc. Ya’ cut me real deep right there.
Why don’t you use the money to invest in a pilot episode of a show that trains housewives to be ninjas or some shit?
Was quality of life part of the essay topic?
$20k in promising but not crazy-risky -
- pharmaceutical orgs with promising developments in elderly health care or obesity and its side-effects - diabetes management drugs, cholesterol, blood pressure - with the boomers now hitting retirement and obesity being at “epidemic proportions” its a double shot.
- Managed care providers - see reasoning on pharma compys - same situation
$5k into an index fund for Chinese stocks - pick a good index fund with some of the bigger stocks that are also trying to list (or have listed) on US Boards as these will be less likely to have mysterious accounting anomalies that make all your money disappear when they bankrupt and are harder for the govt to have a change of heart on and suddenly wind back in to a govt entity again.
Do you have a student loan/student debt? unless it’s charged high interest, screw paying it down unless you’re stressing over it (the quality of life question) - if you’re not stressing - dump $10k into a low risk account earning better returns than you’re paying in interest.
Either you use it to pay down at the end of school - when its earned some year over year returns, or you finish school - get a job that pays $$$ and use this lump sum for something else while servicing the loan out of salary.
so $15k left -
$5k for yourself maybe ? go crazy - be more frugal if you want ($1-2k) but I doubt your professor is going to believe all the people who think that with a sudden windfall of $50k they’d just invest it all and wouldn’t spend any on themselves…
Sink the remainder into some kind of open 401k - biggest problem for stress-free retirement is people not investing early enough… small amount now that you have some flexibility on deferring the on-going payments for a couple of years (while finishing school) - it earns interest - no tax - start paying in again when you get a job.
Take the fucking money to a qualified financial advisor with a proven track record. It is me, or is busy work a pretty pathetic assignment for a college class?
And Sirc, google the Church of the Flying Spaghetti Monster. They, sir, are masters at trolling the religious right.
Well? How did the paper turn out?
I’d rather not steal someone’s gimmick. I know who they are. That’s not the question.
Also, this was supposed to be a creative essay on how to qualify and pursuade. Yes, it was easy, that was the point. But the hard part was trying to pursuade the teacher WHY what you thought you did was good.
I wrote about how $50,000 worth of Cocaine and Hookers would actually improve the quality of my life. The fact is, money isn’t what you rent, you rent out things WITH money to enjoy yourself. I said that if I were so inclined, I could get $50,000 worth of blow and boobs. For the 30 minutes that I were alive, it’d probably be incredibly fun. Whatever I would be doing, I’d be doing it really fast and I would die, but I would go out with a bang and money wouldn’t matter anymore.
I’ll give you 50 grand if you can guarantee 100% that’s exactly what would happen.
Correction: $49,850. You still owe me 150 bucks for the CSS attack.
Oh how I would. I’d go into the history books and live on forever.
So does that mean we have a deal?
Sure. Send me the $50,000, I’ll see if I can round up some pricey hookers and coke.