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Topic: If you suddenly had $200,000  (Read 1971 times)

countrygirl12

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Re: If you suddenly had $200,000
« Reply #15 on: July 17, 2019, 05:03:22 am »
That is not really a lot of money but I would help my girlfriend out with some of her problems and the rest I would just put in the bank or my mutual fund.

That actually IS a lot of money.  If you think $200,000 is not a lot of money you must already be pretty rich. And I would wonder who with that kind of money spends time trying to earn pennies on a site like this. lol

gaylasue

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Re: If you suddenly had $200,000
« Reply #16 on: July 17, 2019, 05:19:30 am »
The first thing I would do would be to book my airline tickets to Hilo, Hawaii.  Then I would sit with my butt on the sand and toes in the water and contemplate the future.
Have a wonderful day!

squirrelgirl44

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Re: If you suddenly had $200,000
« Reply #17 on: July 17, 2019, 08:43:58 am »
That would be enough to pay off my mortgage. Then I could live debt free. (But I agree with you about doing research about taxes).

nmbrown863

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Re: If you suddenly had $200,000
« Reply #18 on: July 17, 2019, 06:36:59 pm »
Pay off my house and my debt would be number one! I would take a vacation with whatever is left and save some as well.

rghvac69

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Re: If you suddenly had $200,000
« Reply #19 on: July 17, 2019, 06:53:42 pm »
I would pay off my house and put some in savings and the rest in a mutual fund.

Cbsteffen

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Re: If you suddenly had $200,000
« Reply #20 on: July 17, 2019, 11:13:22 pm »
I would donate all of it to a poverty charity. There are so many poor people who urgently need money!
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darkxtsuna

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Re: If you suddenly had $200,000
« Reply #21 on: July 18, 2019, 04:12:24 am »
Would pay off my loans and stuff and get my family something they want.

tnshpalmer85

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Re: If you suddenly had $200,000
« Reply #22 on: July 27, 2019, 10:38:40 am »
I wouldn't tell anyone about it. I would pay off my debt first. Then I would buy a small home and invest the rest for the future. I can't retire on that amount but it would give me a good boost financially.

countrygirl12

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Re: If you suddenly had $200,000
« Reply #23 on: July 27, 2019, 11:27:06 am »
I know someone who got 300,000. They sold a million dollar home in silicon valley. gave 100,000 to familly  maybe did some work on their own house. didn't travel yet. as far as taxes go not sure how much they have to pay.  they seem normal  so no fancy cars etc.  it can go fast if you dont watch out.

They sold a million dollar home and only got $300,000 ???

You do not have to pay taxes on real estate profits.

bremer51

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Re: If you suddenly had $200,000
« Reply #24 on: July 27, 2019, 01:28:48 pm »
I'd probably share some with my family and invest the rest.  I might buy a new designer handbag.

vickysue

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Re: If you suddenly had $200,000
« Reply #25 on: July 27, 2019, 02:57:39 pm »
I would  pay the taxes of course, then pay off  what little bit  I owe in debt. Hire someone to remodel the inside of my house. . of course their is the 10% to the  church.  put the rest in the bank  and take short  trips with it. I have been   to 47 of the  states and the rest I don't care  about going to. So just 3-4 day trips.  Whatever  that is left will be left to my daughter-in-law.

ktheodos

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Re: If you suddenly had $200,000
« Reply #26 on: July 27, 2019, 04:56:59 pm »
Pay off all CC then invest it!

alaskah

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Re: If you suddenly had $200,000
« Reply #27 on: July 27, 2019, 09:43:54 pm »
I would pay off my parents house and/or buy them a new one.

I would buy myself a new house and a new vehicle. My boyfriend a new vehicle as well.

The rest I would put into a high-yield savings account to earn interest off of it.

dreamyxo

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Re: If you suddenly had $200,000
« Reply #28 on: July 27, 2019, 10:54:02 pm »
Pay off my credit cards and move.

Galaban

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Re: If you suddenly had $200,000
« Reply #29 on: July 28, 2019, 09:49:47 am »
I would like to fly to others countries in the first class int the airplane and stay in the nicest beaches.

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