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

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  • 17-01-2018 11:19am
    #1
    Lilmiss82
    Registered Users Posts: 124 ✭✭


    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?


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Comments

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    #2
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    Bitcoin!!!!!!!

    Probably he boring though and knock it off the mortgage


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    #3
    biko
    Registered Users Posts: 81,223 ✭✭✭✭biko


    Women and alcohol



    I'd squander the rest


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    #4
    Lilmiss82
    Registered Users Posts: 124 ✭✭Lilmiss82


    Deleted User wrote: »
    Bitcoin!!!!!!!

    Probably he boring though and knock it off the mortgage

    I would love to go with the bitcoin option - I just don't know if I would take the risk tho :rolleyes:


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    #5
    Your Face
    Closed Accounts Posts: 7,277 ✭✭✭Your Face


    I'd install a landline.


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    #6
    Lanaier
    Registered Users Posts: 604 ✭✭✭Lanaier


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


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    #7
    heroics
    Registered Users Posts: 1,878 ✭✭✭heroics


    https://www.donedeal.ie/cars-for-sale/bmw-5-series-530-g30-d-xdrive-m-sport-4dr-massiv/17688609

    or

    https://www.donedeal.ie/cars-for-sale/audi-a6-3-0-tdi-v6-272-s-line-q-s-t/17296248


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    #8
    Kenny Logins
    Registered Users Posts: 9,061 ✭✭✭Kenny Logins


    Debts, savings, long holiday, Bitcoin, new shoes and a Chinese.


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    #9
    Sephiroth_dude
    Moderators, Computer Games Moderators, Social & Fun Moderators Posts: 80,079 Mod ✭✭✭✭Sephiroth_dude


    Put it towards buying my own gaf.


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    #10
    Lilmiss82
    Registered Users Posts: 124 ✭✭Lilmiss82


    heroics wrote: »
    https://www.donedeal.ie/cars-for-sale/bmw-5-series-530-g30-d-xdrive-m-sport-4dr-massiv/17688609

    or

    https://www.donedeal.ie/cars-for-sale/audi-a6-3-0-tdi-v6-272-s-line-q-s-t/17296248

    ooooh yes!!!!!


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    #11
    DaeryssaOne
    Registered Users Posts: 443 ✭✭DaeryssaOne


    Blow €5k on travelling, treating myself etc then put the rest towards a house deposit - boring but necessary!


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    #12
    tedpan
    Moderators, Recreation & Hobbies Moderators Posts: 4,627 Mod ✭✭✭✭tedpan


    Probably pay one of my loans off and have fun with the rest!


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    #13
    arybvtcw0eolkf
    Closed Accounts Posts: 24,878 ✭✭✭✭arybvtcw0eolkf


    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.


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    #14
    everlast75
    Registered Users Posts: 19,133 ✭✭✭✭everlast75


    Boats 'n' hoes...


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    #15
    donegaLroad
    Closed Accounts Posts: 2,379 ✭✭✭donegaLroad


    the Bitcoin ship has sailed. If you could go back to 2015 with €10,000 to invest in Bitcoin, and sold about 1 month ago, you probably would never have to work again. Its too late buying into it now.

    If I came into 50k tomorrow, I would buy a domestic windmill, and an electric car. I would invest the rest of the money into my own work.


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    #16
    Lodger81
    Registered Users Posts: 31 ✭Lodger81


    Clear some debts & buy a more practical car.


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    #17
    valoren
    Registered Users Posts: 5,458 ✭✭✭valoren


    Spend some on a nice holiday and then patiently wait for a stock market crash and invest the rest for the long term.


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    #18
    Steve F
    Registered Users Posts: 1,852 ✭✭✭Steve F


    Sweets and Crisps!! Lots of em!


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    #19
    Lilmiss82
    Registered Users Posts: 124 ✭✭Lilmiss82


    valoren wrote: »
    Spend some on a nice holiday and then patiently wait for a stock market crash and invest the rest for the long term.

    I like this idea! :D


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    #20
    frag420
    Registered Users Posts: 6,158 ✭✭✭frag420


    Stick it all on a quick-pick...


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    #21
    omb0wyn5ehpij9
    Closed Accounts Posts: 16,095 ✭✭✭✭omb0wyn5ehpij9


    Sephiroth_dude wrote: »
    Put it towards buying my own gaf.

    I'd probably spend a small bit (5k), put a small bit in savings (5k), and then do the above with the rest


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    #22
    valoren
    Registered Users Posts: 5,458 ✭✭✭valoren


    Lilmiss82 wrote: »
    I like this idea! :D

    Your cue to invest will be when either Keelin Shanley or Catriona Perry on the Six One News mentions any of the below relating to the stock market;

    Plunge, Crash, Panic, Chaos, Turmoil etc

    Then buy stock in some Household names :pac:


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    #23
    Ubbquittious
    Registered Users Posts: 6,194 ✭✭✭Ubbquittious


    Buy an Ariel Nomad and maybe a fill of petrol if I have enough change left


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    #24
    wakka12
    Registered Users Posts: 9,786 ✭✭✭wakka12


    7000 on a few really nice holidays, 5000 on random internet shopping things Ive always wanted, 2000 on friends and family, I haven't moved out yet so Ill assume Ill have debts in future when I do so maybe 7000 on debts and payments

    Then save 29,000 for future


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    #25
    rainbow kirby
    Moderators, Regional Abroad Moderators Posts: 26,928 Mod ✭✭✭✭rainbow kirby


    Add to existing savings and use it as the deposit on a house.


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    #26
    GarIT
    Registered Users Posts: 8,671 ✭✭✭GarIT


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

    Now is the best time. It’s a 50% off sale.


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    #27
    Wanderer78
    Registered Users Posts: 28,944 ✭✭✭✭Wanderer78


    GarIT wrote:
    Now is the best time. It’s a 50% off sale.


    Quick, quick, remortgage the house, prices never go down, relatively speaking of course!


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    #28
    Ragnar Lothbrok
    Registered Users Posts: 1,860 ✭✭✭Ragnar Lothbrok


    Spend a month or two in Australia visiting my daughter. First class flights there and back :)

    New kitchen.

    Maybe a newer car. Not too fussed about this to be honest, and probably wouldn't spend more than 15K.

    Trips to see Celtic FC and FC Barcelona.

    Rest of it in The Maple Leaf, Cork (best pub ever!)


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    #29
    Ten of Swords
    Moderators, Category Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 22,501 CMod ✭✭✭✭Ten of Swords


    Use it to buy the only acceptable expression of wealth in Ireland

    DECKING

    Inheritance tax will leave you with about a tenner though! Winnings are generally tax free, context is important!

    Moderator: Lesbian, Gay, Bisexual & Transgender, Vegan & Vegetarian

    Category Moderator: Social & Fun



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    #30
    Sleepy
    Registered Users Posts: 24,171 ✭✭✭✭Sleepy


    Clear the credit card, replace the Windows on the house, put in the downstairs wetroom I want, upgrade the gas boiler and spend anything left on the rest of the long list of jobs I want to do around the house.


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    #31
    Dakota Dan
    Registered Users Posts: 3,764 ✭✭✭Dakota Dan


    Deleted User wrote: »
    Bitcoin!!!!!!!

    Probably he boring though and knock it off the mortgage

    The bitcoin boat has sailed over the horizon.


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