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I won 10k - what should I do with it?

  • 04-07-2017 11:54PM
    #1
    Banned (with Prison Access) Posts: 203 ✭✭


    I won it two months ago and I've been bored since I've finished college this year. I don't necessarily feel the need to celebrate, it's just I'm bored. Maybe I could spend some of it on a cheap holiday on my own or something! Or would there be any way I could use it to make more money?

    What would you do?


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Comments

  • Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 6,311 Mod ✭✭✭✭mzungu


    I won it two months ago and I've been bored since I've finished college this year. I don't necessarily feel the need to celebrate, it's just I'm bored. Maybe I could go on a holiday on my own or something! Or any way I could use it to make more money?

    Is there anything you would really like to do? No point in going on a holiday if your only doing it out of a sense of misplaced duty. You could just save the money and spend it whenever you come across something you really want.


  • Registered Users, Registered Users 2 Posts: 543 ✭✭✭Solomon Pleasant


    Start a pension fund with it, you'll definitely need it.


  • Registered Users, Registered Users 2 Posts: 260 ✭✭howdoyouknow


    Lend it to me and I'll definitely make you more money from it. I've been in a predicament lately where I've won the Nigerian lotto but I've to lodge 10000 euros to cover legal fees and security and transfer of my winnings to my account. I dont have 10000 so I had almost given up on the hope of getting my winnings. If you lend me your 10000 I'll split my winnings with you 50/50


  • Registered Users, Registered Users 2 Posts: 22,575 ✭✭✭✭Steve


    Donate it to the boards moderators beers fund... it would cover about half of this summers outing :D:D:D


  • Moderators, Business & Finance Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 51,685 Mod ✭✭✭✭Stheno


    Steve wrote: »
    Donate it to the boards moderators beers fund... it would cover about half of this summers outing :D:D:D

    There's a boards mod outing this summer?????????


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  • Registered Users, Registered Users 2 Posts: 38,227 ✭✭✭✭Guy:Incognito


    Start a pension fund with it, you'll definitely need it.

    He could be dead by then. Coke and hookers.


  • Registered Users, Registered Users 2 Posts: 14,372 ✭✭✭✭jimmycrackcorm


    Start a pension fund with it, you'll definitely need it.

    If you have a pension at work then pay the maximum AVC's and replace the gap in take home pay each month until the 10k is gone. That way you'll have not only gotten 10k tax free but (at the marginal rate ) effectively have an additional 20k in your pension


  • Registered Users, Registered Users 2 Posts: 22,575 ✭✭✭✭Steve


    Stheno wrote: »
    There's a boards mod outing this summer?????????

    If we get 10k and make Pictures Of Lilly a mod then yea... :D


  • Registered Users, Registered Users 2 Posts: 2,102 ✭✭✭greencap


    Rent a room inside the M50 for a month with it.


  • Registered Users, Registered Users 2 Posts: 788 ✭✭✭babi-hrse


    If you have a pension at work then pay the maximum AVC's and replace the gap in take home pay each month until the 10k is gone. That way you'll have not only gotten 10k tax free but (at the marginal rate ) effectively have an additional 20k in your pension

    Ah the way the country has been the last 10 years I'd stay clear of that. My da paid into his avcs only to hear Charlie MCcreevy drop 7 years down to 2 a month before he retired. By the time we retire there could be no such thing as avcs


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  • Banned (with Prison Access) Posts: 203 ✭✭Pictures Of Lilly


    hookers.
    I would if I felt they deserved my money!


  • Registered Users, Registered Users 2 Posts: 14,372 ✭✭✭✭jimmycrackcorm


    babi-hrse wrote: »
    Ah the way the country has been the last 10 years I'd stay clear of that. My da paid into his avcs only to hear Charlie MCcreevy drop 7 years down to 2 a month before he retired. By the time we retire there could be no such thing as avcs

    I've no idea what you're talking about but if you had a pension invested in an example Irish fund over the last ten years then you'd have had 40% growth. So after ten years that 20k would be worth 28K. Not only that but another fund would have turned it into 47k.


  • Registered Users, Registered Users 2, Paid Member Posts: 16,340 ✭✭✭✭Pherekydes


    What was your time?


  • Registered Users, Registered Users 2 Posts: 614 ✭✭✭TheQuietBeatle


    Invest it in Bitcoin or Etherium and turn it into millions in a few years time.


  • Registered Users, Registered Users 2 Posts: 8,130 ✭✭✭Surreptitious


    Subscribe and get a new username.


  • Registered Users, Registered Users 2 Posts: 801 ✭✭✭Beanntraigheach


    He could be dead by then. Coke and hookers.

    Now you're talking!


















    267678-Coca-Cola-6x330-Bottle-Pack1.jpgisc_190x190.10164896145_6yvh.jpg


  • Registered Users, Registered Users 2 Posts: 6,544 ✭✭✭Samaris


    Buy a camel.


  • Banned (with Prison Access) Posts: 55 ✭✭BAAA RAM EWE


    If you have a pension at work then pay the maximum AVC's and replace the gap in take home pay each month until the 10k is gone. That way you'll have not only gotten 10k tax free but (at the marginal rate ) effectively have an additional 20k in your pension

    Way things are going, op won't be able to access it till he's 75 and it'll have been raided and only have a tenner left in it, no point in pensions anymore.


  • Registered Users, Registered Users 2 Posts: 856 ✭✭✭RoYoBo


    I won it two months ago and I've been bored since I've finished college this year. I don't necessarily feel the need to celebrate, it's just I'm bored. Maybe I spend some of it on a cheep holiday on my own or something! Or any way I could use it to make more money?

    What would you do?

    Buy a chicken farm?


  • Banned (with Prison Access) Posts: 203 ✭✭Pictures Of Lilly


    RoYoBo wrote: »
    Buy a chicken farm?
    i dont see the connection between a cheap holiday and a chicken farm?


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  • Registered Users, Registered Users 2 Posts: 856 ✭✭✭RoYoBo


    i dont see the connection between a cheap holiday and a chicken farm?

    Look at your post - cheep holiday!


  • Closed Accounts Posts: 16,768 ✭✭✭✭tomwaterford


    Buy and a car and insure it??


  • Registered Users, Registered Users 2, Paid Member Posts: 16,416 ✭✭✭✭Arghus


    Give it to me. I'd really appreciate it and you'd feel good about it.


  • Registered Users, Registered Users 2 Posts: 38,227 ✭✭✭✭Guy:Incognito


    Samaris wrote: »
    Buy a camel.

    **** it, go crazy. Buy a whole packet.


  • Posts: 1,312 ✭✭✭ [Deleted User]


    Shove it up your hole. Nobody will take it off you then


  • Registered Users, Registered Users 2 Posts: 4,328 ✭✭✭-=al=-


    Anything you definitely need right now?

    Followed by anything you want?

    Or just put 10k on black :pac:

    Personally if it was me, I'd go travelling for a month


  • Registered Users, Registered Users 2 Posts: 1,719 ✭✭✭con___manx1


    I won it two months ago and I've been bored since I've finished college this year. I don't necessarily feel the need to celebrate, it's just I'm bored. Maybe I could spend some of it on a cheap holiday on my own or something! Or would there be any way I could use it to make more money?

    What would you do?

    How did you win it do u mind me asking? If I was you I'd buy myself a nice car ; )


  • Posts: 18,046 ✭✭✭✭ [Deleted User]


    Put it in the bank and forget about it.

    I saved up more than that a couple of years ago to do something but decided not to do it. Never touched it and now it's gonna come in useful over the next few months when I finally have need for it.
    Whereas a few years ago, a friend got a 15k payout after being attacked (he deserved more because he had to drop his life and move country for proper treatment) and he spent it all within 6 months of recovering on crap. Now, he's fairly broke and I'd say he regrets the ridiculous things he wasted it on.

    Something about winning or getting money in a lump sum makes it disappear so quick. Try and be wise.


  • Registered Users, Registered Users 2 Posts: 3,602 ✭✭✭mr_edge_to_you


    Or would there be any way I could use it to make more money?

    What would you do?

    Invest in avocados. People are gone mad for the things.


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  • Closed Accounts Posts: 1,846 ✭✭✭Armchair Andy


    Invest in avocados. People are gone mad for the things.


    You mean Mikados surely? Mikados OP, the only way to go.


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