Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

If you won/inherited 50,000 what would you do?S

Options
24

Comments

  • Banned (with Prison Access) Posts: 16,635 ✭✭✭✭dr.fuzzenstein


    everlast75 wrote: »
    Boats 'n' hoes...

    If it drives, fcuks, flies or floats you're better off leasing it.


  • Registered Users Posts: 8,711 ✭✭✭keano_afc


    Full tank of petrol for the car. From Topaz.


  • Banned (with Prison Access) Posts: 16,635 ✭✭✭✭dr.fuzzenstein


    keano_afc wrote: »
    Full tank of petrol for the car. From Topaz.

    With Miles Plus!


  • Registered Users Posts: 8,711 ✭✭✭keano_afc


    With Miles Plus!

    If I've anything left over I'll throw in a level 1 car wash.


  • Closed Accounts Posts: 14,311 ✭✭✭✭weldoninhio


    Lilmiss82 wrote: »
    As the title says - if you suddenly found yourself 50 grand richer what would you do? Now, I know it's not an awful lot of money to some - but to others it is a hell of a lot - so would you spend wisely and think of ways to make a profit on this money or would you blow the whole lot in one go?

    50k, I'd probably do a full time college course. Upskill, and hopefully start a higher paid job once i'd finished.


  • Advertisement
  • Registered Users Posts: 28,717 ✭✭✭✭_Kaiser_


    Pay off loans, enjoy the money saved each month. Do something nice with what's left.


  • Closed Accounts Posts: 418 ✭✭cycle4fun


    50k is not much. It would buy a decent car in the UK, here it would only buy half a decent car. So I'd borrow another 50k to buy the other half.


  • Registered Users Posts: 4,809 ✭✭✭10000maniacs


    Lanaier wrote: »
    Now is not a great time for Bitcoin.
    Having major problems the past couple of days.

    If you spent the €50,000 on bitcoin before Christmas, you would be looking at €25,000 now.


  • Posts: 0 [Deleted User]


    Surely it depends on what you're inheriting 50,000 of.

    Money? Go on a huge holiday.

    Puppies? Be confused as to what to do with 50,000 puppies.

    Piles of sh1t? Wonder what I did to deserve 50,000 piles of sh1t.


  • Closed Accounts Posts: 9,586 ✭✭✭4068ac1elhodqr


    As already mentioned by others, definitely 'not' BTC.
    If the coin's drop pattern continues, will be just 7,500 before too long.

    Screen_Shot_2018-01-19_at_12.41.01.png

    Silver is 60% less than it's fairly recent '11 peak, Platinum is 50% less than decade ago.


  • Advertisement
  • Closed Accounts Posts: 3,667 ✭✭✭Hector Bellend


    Pay my bills.

    Have a ****.


  • Closed Accounts Posts: 6,750 ✭✭✭Avatar MIA


    If you spent the €50,000 on bitcoin before Christmas, you would be looking at €25,000 now.

    How do you become a millionaire from Bitcoin now?

    Invest €2m. :pac:

    €50k - deposit on an investment property.


  • Registered Users Posts: 2,438 ✭✭✭Sgt Hartman


    The first thing I would do is put it down as a deposit for a new place and get myself out of the renting game for good.


  • Registered Users Posts: 5,565 ✭✭✭RandomName2


    Lilmiss82 wrote: »
    As the title says - if you suddenly found yourself 50 grand richer what would you do? Now, I know it's not an awful lot of money to some - but to others it is a hell of a lot - so would you spend wisely and think of ways to make a profit on this money or would you blow the whole lot in one go?

    First of all I'd have to pay €14 K to the tax man because of CGT .. so 36 grand, yeah? Probably add it to the "live in Dublin" pile I've been collecting.


  • Closed Accounts Posts: 6,750 ✭✭✭Avatar MIA


    First of all I'd have to pay €14 K to the tax man because of CGT .. so 36 grand, yeah? Probably add it to the "live in Dublin" pile I've been collecting.

    Winnings don't attract CGT and inheritance may be tax exempt. Be positive, you've just received €50k :D


  • Registered Users Posts: 1,194 ✭✭✭WestWicklow1


    Buy a second hand BMW R1200GSA and do Scotland, England, Europe & the Middle East on it. Then probably north Africa to Morroco, to Spain and home for a few pints in the local.

    Ahhhh.... memories. Did it all on GSs, except the middle east.


  • Registered Users Posts: 5,810 ✭✭✭Rfrip


    I would buy a mulberry handbag and use the other 49000 as deposit for my first home.

    A girl can dream!


  • Registered Users Posts: 2,625 ✭✭✭fergus1001


    On the first plane to turkey to have a hair transplant

    Avoid the Prince William look


  • Registered Users Posts: 16,500 ✭✭✭✭DEFTLEFTHAND


    Set it aside for sons private education and University.


  • Registered Users Posts: 4,977 ✭✭✭PandaPoo


    Convert the attic or get an extension. Then paint the whole interior of my house, and get new floors in most rooms.


  • Advertisement
  • Registered Users Posts: 4,977 ✭✭✭PandaPoo


    fergus1001 wrote: »
    On the first plane to turkey to have a hair transplant

    Avoid the Prince William look

    Hey my husband did a prince William a few months ago and he looks sexy AF.

    Although I do have a massive think for bald men


  • Registered Users Posts: 2,625 ✭✭✭fergus1001


    PandaPoo wrote:
    Hey my husband did a prince William a few months ago and he looks sexy AF.


    And I envy your husband for having the balls to do it, it's a big change for me (black hair)


  • Registered Users Posts: 18,093 ✭✭✭✭RobbingBandit


    Contract on my enemies money well spent


  • Closed Accounts Posts: 1,063 ✭✭✭riemann


    PandaPoo wrote: »
    Then paint the whole interior of my house, and get new floors in most rooms.

    You could just do that yourself now for a few hundred quid


  • Registered Users Posts: 59,568 ✭✭✭✭namenotavailablE


    €5k each to self and spouse to spend as we wish (more or less).
    Balance against mortgage to reduce outstanding term.


  • Registered Users Posts: 4,977 ✭✭✭PandaPoo


    riemann wrote: »
    You could just do that yourself now for a few hundred quid

    More like thousand! 3 bedroom house, upstairs and downstairs, hall stairs and landing...

    I got a cheap job when we moved in and it looked like Stevie Wonder did it so I'll pay the big bucks this time, but I'd like it all done together. Paint, new interior doors, new floors etc.


  • Closed Accounts Posts: 1,036 ✭✭✭wheresmahbombs


    If I were to inherit €50K, all I'd probably do outside of donations, college and ambiguous future investments, is to get a new laptop, and upgrade my existing PC or build a new one.


  • Registered Users Posts: 6,700 ✭✭✭Mountainsandh


    Family holiday, modest home improvements, and the rest would bring us very close to paying off the mortgage :D


  • Registered Users Posts: 12,812 ✭✭✭✭bear1


    Open 2 accounts for my daughter's and put 5k into each and let it stay there for the next 18 years - I'd add to it every month from my own salary.
    Really regret that I'm not in the position to do it now :( puts a downer on me sometimes.
    Clear the credit card, pay off the car loan.
    That would leave me 33.5k so 20k into the savings acc and the rest on a nice holiday, prop up the current account and some expensive spa weekend for the wife.


  • Advertisement
  • Registered Users Posts: 11,461 ✭✭✭✭Ush1


    I'd get an ironed shirt.


Advertisement