What would you guys do with a 500k inheritance?

what would you guys do with a 500k inheritance?

Be pissed that my dad only left me 5% of his wealth

Start a small profitable business, like a food truck or something similar. A lot of college liberalcuck types around here love that kind of thing.

Invest wisely in the booming property and building market of the 70's in New York.

>what would you guys do with a 500k inheritance?

Left it in the stock market.
>Market appreciation.
>Drawn out $75K over the last five years
>Still have $500K invested.

Diversify my investments, buy some guns and save the rest

Well I've been able to live for the last 2 years off of just 10 grand. That includes traveling the world.

It would probably cost me around 400k to live the next 30 years in an apartment so I would probably get a part time job to just keep myself sane, take some courses in university, and invest the rest in other things.
Just live comfy.

Move to South East Asia so I can live cheaply in tropical weather. Won't bleed money that way. Then I start looking at investments.

your mom

pay off my student loans, pay off my house, invest the rest into an aggressive market. save money, make money and have money.

What countries? Do you have tips? I've travelled a bit too. Were you just backpacking? Sources of income besides the $10k?

>Implying I don't stand to inherit several million

lmao do you even WASP old money?

give the first german poster who posts in my thread 250k

Give me some of that 10 million faggot.

two chicks at different times

I'd buy into a Tuareg tribe, go to war with AQIM, over throw the corrupt government of Gao, and reestablish the nation of Azawad.

I'd live and die a fucking legend.

Gamble it.

If i knew u i very well would my leafy friend

I've traveled up Northern Ontario, gone to a few states.

Went to Southern Europe for a few weeks.

I have a credit card that gives points when I use it and before I use to work a lot of hours (65-70 hours a week)
I bought every single thing I own with the card but only if I could afford it. So once I was laid off I had a ton of reward points and just use that.

Would also invite others to come with me. Use my points then charge them half without telling them about the points.

I also bought a ton of magic cards a long time ago and most of them are worth a couple thousand dollars each now so I just sold the copies of the ones I don't need anymore to pay off things like insurance.

I still have around 5 grand left over but I'm going to start work next month just to help my dad make some payments since he's having a little bit of a hard time.

Build a retarded beast gaming rig.
Travel to countries I've only read about.
Help my bros.
Invest the rest.

Buy a lot of old subaru and volvo wagons and fix em up. Thow money at some of the guys in Silicon Valley. Buy a farm and and produce something like Jefferson.

Invest it and retire even earlier than I planned.

Invest in stock market and real state and live a NEET life forever. Which is what I'm doing

Invest or sit on ass all day for the rest of my life

Mfw its a turk;)

Buy Venezuelan government bonds

Shit man. I'd start a gym. One of them eco-gyms, and spend my time experimenting with the future of eco-gym technology, like strength training that generates electricity too. Then, once I've saved up power, I'd start selling the electricity to nearby places, flaunting it as a green measure that they could use, and it'd be cheaper too. (After all, my main money would be coming from the gym, and membership that way.)

Then, once I've gotten steady buyers, I can start paying people to work out at the gym. The more they work out=the more energy I produce=more orders I can fill. In that way, people would come to my gym simply for that fact they get PAID to work-out. Who doesn't want that?

I'd expand my business over time, branching into hippy areas where people like the idea of green energy. Then, I'd just begin to expand into cities. By that point, I'd begin to market as a clean energy alternative, and begin selling the equipment to home-owners. By that point, I'd start making power-plants. All that green energy bull-shit to get hippies all happy, and transition into energy selling.

By then, I'd assume I'd have a lot of stable energy buyers, and I'd start branching out into places that haven't heard of me yet. After all, with gyms and now actual power plants, I could go and sell to a lot of people. From there, maybe I'd start the first electric car pumps, or some shit.

Anyone got 500k they want to send my way? We can be business partners, mane.

>buy isolated country property
>grow hella weed
>sit on my ass and never get up

I would quit my job, get a decent apartment, and go to grad school. What I didn't use for that I would either keep as emergency cash on hand or put in safe investments. Once I finished grad school and got a nice paying job lined up I would probably buy a house with some land, continue my career until I became independently wealthy, and then retire at 35 while living the comfy life.

Also booze. Lots of booze.

My grandpa died on Thursday, and I actually do get a 520k inheritance.

Eerie.

50k a year for 10 years sounds like a good living wage to me

I'd start a business to be honest

I didn't know exercise machines could generate that much power. Interesting if so.
Draw up a business plan and look for investors in your area. 500k isn't that much.

You'd be lucky if a gym like that could even sustain its own power, let alone supply it to a community.

Put it in a long term deposit and use the interest to boost my wages.

pretty good idea senpai, exploiting an energy sink for money

problem is I don't think we generate that much force, at least not enough to sustain a flow of electricity.

i read somewhere that one of those hiking backpack generators was barely enough to charge a smartphone

Buy a nice 2 bed flat for £250k, buy a nice 1 bed flat for £200k

Live in the 1 bed and rent out the 2 bed. Pay for bills, food, gym, internet etc with the money made from renting the other flat and just live a really modest life and try to make money doing freelance writing or some shit.

They don't generate much really. You could probably generate enough power to power your own building though which would certainly help with margins

...

Move off to a Celtic Island somewhere, start a small hobby farm and fuck off out of society.

I WOULD BLOW IT ON 72 VIRGIN HOOKERS.
>heaven on earth!
>smile.jpg

Well, there are studies on it. It wouldn't be a lot, so I would have to prioritize who I sell to. The calorie versus energy made ratio is actually horrifically low. Hence, especially in strength training, I'd need to actually re-design some machines all together, or people would either abuse them just to make power (and money), or there would be no profit margin for customers to use them.

Bikes are already a big thing, so Strength-Training would have to be my market. It would likely be more machine based, as free-weights would be a no-go.

As
said, it would require a lot of power saved. A single person peddling on a bike could only generate enough wattage to power an old light-bulb. More likely than not, it would power the gym for a long while, and it wouldn't be until I either made the machines far more efficient, or found a huge enough crowd to consistently work out, that I would be able to sell.

It's truthfully a pipe dream of mine, a way to escape the monotony of life and hit it rich.

Pay off all bills and debt for my family. Kill myself

Buy cheap land, build a tiny house, invest the rest and tell everyone to fuck off while I produce beautiful half-Japanese children.

Commence work on overthrowing the government. They allowed cartels to kill Scalia and eight people in Ohio. Thete will be more deaths. This government has no legitimacy.

Shit nigga, id buy me all dem jordans. Get myself like 4 cars mane. Ayo you know i gotta make it rain at da club fo realz. Sheeit maybe even get a gold iphone, and so cool shit for my apartment nigga.

Wew.
There are other people with rich parents on here? Fug. But my mom is the rich one and I told her to take me out of the will because PRIDE N SHEIT.

You better be using that wealth to sabotage our enemies.

Not a bad plan.

1. Go on vacation. I've never really traveled before so this would be my chance.

2. Invest the rest.

Yo mane one more thing i would print 300 tshirts with my face on it.

Invest it in something useful

500k isn't a lot of money. I wish the market wasn't about to crash, the easiest thing to do would be to put it in long term capital gains at 7% to pull in 35k tax free.

heroin

Cheers, bud. I never really understand why people don't immediately think of property when there is a big cash sum involved. The reason that property fucks you so hard (especially over here) is because of interest paid on the mortgage. If you can buy a property outright then 20 years of renting it out will already earn you back what you paid for it, then you still have the fucking property to sell or pass on to your kids or whatever.

simple, not bad

>freelance writing

Be pissed. That means that I didn't get the company (or only got a small amount) and a total of something like a percent or two of the total wealth. I'd continue to work and not just join the army, because I wouldn't just be able to coast.

Shitpost on Sup Forums

Bruh if you have free time 24/7 then why not? I'd love to just write amateur stuff for student newspapers or anything to pass the time.

Diversified investments in Cryptocoins, gold, stocks, and small business projects.

buy 2 or 3 houses and rent them out while putting the rest into high dividend stocks right after this next crash coming in a few months then move to the phillipines and utilize my income to maybe start a restaurant chain

fuck off, radiohead

500k isn't a lot of money. I'd pay off student loans and then spend the rest on a retirement home for my parents in whatever state they want.

Buy lab equipment, and make/sell meth, crack, & PCP, make MILLIONS

If you think we're heading towards a recession (which is a good call given that the economy is cyclical and it's been 8-9 years since the beginning of the last one) then invest in US Treasuries. When the market crashes everyone moves their money to Treasuries so with higher demand the interest rates fall (meaning price rises), it's called the flight to quality and only applies to the 'risk free' asset.

Well... that's not that much. Just invest it and add $25-50k to my annual income, I guess.

Buy rental properties that can produce a 12% return/year after expenses. Keep all properties under a corporation in order to preserve liability.

You serious son?

buy some land
build an off grid home

Set aside 20k to spend on stupid shit
Buy a new car
Get a decent house that won't fuck me with property taxes my whole life
Put whatever is left in the war chest

If we're going to spend money on silly shit, you might as well get a 1000sq ft ball pit, trampoline, some slides, some arcade cabinets, and an industrial-grade pizza oven.

At least it's fun, and you can sell access to all of it to kids while you're at work for a slight profit.

I know a lot of other people who work in the office with me (investment banking, so you make a lot and are more likely to come from an upper-middle class or upper class background) who are on Sup Forums or Sup Forums. Honestly, wealth really doesn't come up that much, plus most people shit on you for having a wealthy family (ie. "you've never had to work for anything") because they're jeally.

spend it on booze and drink myself to death

Leave my parents house, move to Texas and continue being a bartender down in Austin Texas.

Really I'd be happy with a reliable car, work experience and a much fitter body.

Lose my wife apparently

>When the market crashes everyone moves their money to Treasuries

I can't tell if 0/10 or you're really this stupid, could go either way. Admittedly I wrote market, but we're looking at a dollar crash/world currency crash, but even then it's a stupid suggestion as treasuries have been shit for ages and the fake narrative for them has sucked.

Buy the cheap property that's being constructed around my town. Rent them out, make even more money.

I would donate half to Trumps General Election campaign fund.

fund right wing death squads

underrated shitpost

Put half in index funds and save the rest.

You can do it with 5 dollars.

Just buy a pocket knife and cut some throats

now wouldn't be the smartest time to invest in index funds

buy an apartment and play vidya forever

You do realize humans are terrible at generating electricity and that the costs to develop custom gym equipment would far outweigh the revenue you could ever generate from this machines even if they never broke down (impossible because of the nature of the custom machines). Furthermore, competition from new generation sources is making the electricity market more competitive - and therefore driving down the rates any electricity generator receives.

Take for instance professional cyclists, even when on steroids/blood doping Lance Armstrong could only generate 300 watts for a few hours at a time.

It sounds like you really haven't thought out this idea in the slightest, but alas it's people like you that blow inheritances and why I never intend to pass much more than my house to children.

go to college
buy modest used cars for my family
rest in diverse savings/investments I guess

I want to study so bad, so probably that.

Do you not understand how Treasuries work? They give a shitty return, but they're the safest thing on the planet. Because of this, if you invest in them, you realize a capital gain when the economy goes to shit. A more risky idea is to purchase CDS on a security you expect to fail.

> but we're looking at a dollar crash/world currency crash

Now I can't tell if you're just trolling or just this stupid.

I would buy a moldy ridden, run down 800 sq. Foot home in Vancouver.

Penis implant.

>invest enough to generate 30-50k a year
>buy house and property indawoods
>grow weed and make modular synth jams and never talk to another human again

>they're the safest thing on the planet.

Not with a dollar/world currency crash looming, no, they're not.

go to one clinton campaign dinner

im about to inherit this house that's worth $5,000,000

Small house by the beach, get a nice rescue dog, spend the rest of my live living extremely comfortably while working a simple part time job.

enjoy your property taxes on your 1200 square foot home

im selling it and retiring somewhere far away