(Topic ID: 211498)

$212,000 to spend. What to buy?

By o-din

6 years ago


Topic Heartbeat

Topic Stats

  • 436 posts
  • 143 Pinsiders participating
  • Latest reply 74 days ago by zh2oson
  • Topic is favorited by 3 Pinsiders

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Topic poll

“What to spend $212,000 on?”

  • All the top 20 pinside games and a Big Hurt for old time's sake 111 votes
    22%
  • A holiday home in Cambodia 42 votes
    8%
  • Save it. You may need a new liver someday and those don't come cheap 183 votes
    37%
  • Move to New York and buy a Hellcat 54 votes
    11%
  • Donate it all to charity 36 votes
    7%
  • Take all the pinsiders you know to a bar and say "drinks are on me!" 74 votes
    15%

(500 votes)

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15
#5 6 years ago

Well, theoretically, if you earned 10% in the market, you could spend around 20k a year on pins and not touch your principle.

I would definitely travel a lot as well.

10
#52 6 years ago

O-din in space.

For $200,000, you can book a reservation with Virgin Galactic on the world's first commercial passenger spaceship.

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#192 6 years ago
Quoted from o-din:

Do the math.
$1000 year for property tax.
$2000 year aprox for utilities and directv.
$1500 year for auto and homeowners insurance.
----------------------------------------------------
$4500 out of $22,000 and the rest for me! You don't pay much income tax if you don't make much money.

What about Pinside donations?

#195 6 years ago

I think retirement planning is on a case by case basis. Everyone is a little different in what their lifestyle and expenses are and what they think they need/want in retirement.

I think the best thing about having money is not worrying about money. If frees your energy and time a bit. I try to be intentional about cultivating passive sources of income through business investments, the stock market, real estate, etc... Neither my wife or I came from money, and have always lived below our means.

My goal is to be able to retire and not have to think about money...within reason.

#200 6 years ago
Quoted from o-din:

Like I said, I do still have a job that supports me comfortably and enough pride where I don't ask for handouts. I have never started a go fund me either.
However, if you insist, PM me and I will give you my paypal address.

haha, nice. I was referring to donating to Pinside, the website, you know...turning that grey heart red.

#240 6 years ago

This seems like the best use of these funds. I mean, how many times have you asked yourself, "if I only had a racing pigeon right now."

A pedigreed Belgian racing pigeon sold for $200,000

Most expensive racing pigeon ever sold

A Chinese buyer snapped up a pedigreed Belgian racing pigeon named Blue Prince at an auction in January 2011.

http://www.businessinsider.com/thelife50#a-pedigreed-belgian-racing-pigeon-sold-for-200000-2

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