What would you do with 20k to blow?

Get into some racing. $20k could get you karting in a 4 stroke for a few years.

you could buy 10-15 bad ass guns with ammo mmmmmmmm

SCAR 17
Citori 725 Pro
Macallan 25
Patek Phillipe
Hawaii cruise

Or just get the Thors Hammer subwoofer...

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Pay off all debt, if no debt then take a vacation and store the rest for a rainy day.

I would pay off my truck and lift it a tad.

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HCAR
.338 Lapua
spend the rest on car parts.

I'd invest it in tangible assets; land, gold, fine art, etc.

Sorry, boring answer, I know.

"Daily driver could use an upgrade"

"Don't want another car cause no place to keep it"

You sure you're ballin enough that saving/investing isn't the Best idea.

Nobody is mailing me 20k but I'm not sure how well off I'd have to be if my first thought it I should blow it.

Rct851 said:

"Daily driver could use an upgrade"

"Don't want another car cause no place to keep it"

You sure you're ballin enough that saving/investing isn't the Best idea.

Nobody is mailing me 20k but I'm not sure how well off I'd have to be if my first thought it I should blow it.

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I can't get another fun car due to no place to keep it. I don't have the garage space and 20k isn't going to build a new garage to put a new car in. My daily driver truck has a 140k miles on it, had it since new and have done all the work on it except a few recalls. So far so good, no real reason to spend extra money yet on a new daily driver, but I know the day will come so that's why I'm considering it. I have my savings and investments in order but I said more is always better when it comes to savings, but at the same time that doesn't mean I'm going to sell my Terminator just so I can add more to my savings.

5 pages is enough.

Get off the fence OP.................what's it going to be?

I'd put it in a secret account in your daughter's name that nobody else knows about. Let it sit there and grow interest until your daughter is ready to buy her first house / condo...

Then give it to her to use for her down payment. Since the account is in her name, it won't be an issue. The smile you get from that will only be equaled by the smile she gives you as you walk her down the aisle.

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Coiled03 said:

I'd invest it in tangible assets; land, gold, fine art, etc.

Sorry, boring answer, I know.

Click to expand...

land and gold would be a good idea for sure

actually I have reconsidered I think I would get in touch with @treynor and pay to use one of his cars for an hour or so

Back when I had a mortgage I got 2 inheritances one for a little over 20k the other for 10k. I took a small chunk 10-25% and spent it on what I wanted (stupid crap), took another chunk 25-50% and put it in savings, and then the final amount went to the mortgage.

I'm one of those guys that likes to have access to liquid cash because it makes me feel more secure.

I say if you have a good savings then spend a little on something stupid, and put the rest towards paying off debt. It was a gift from someone I assume they'd want you to have fun with the money and improve your life with it.

cj428mach said:

Back when I had a mortgage I got 2 inheritances one for a little over 20k the other for 10k. I took a small chunk 10-25% and spent it on what I wanted (stupid crap), took another chunk 25-50% and put it in savings, and then the final amount went to the mortgage.
I'm one of those guys that likes to have access to liquid cash because it makes me feel more secure.

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Exactly how I am.

10g's for a pair of nice waverunners and the rest in savings ??

Pay to get a SCCA competition license then use your cobra for track days. Spend the money on tires and brake pads and have fun!