what will you do with $100k?

Mr&Mrs · 09-07-2011, 02:09 AM

I would use it towards building a new house the way the wife and I want it, and rent out the house we own now. Probably save a chunk towards the next Z and bank the rest.

shumby · 09-07-2011, 02:22 AM

liquor and hores, cigeretts and dope and mustard and bologna

( any trailer park boys fans out there?)

mr_sk · 09-07-2011, 01:47 PM

Car: GT-R

If no car, take 10K for fun money, trip, etc.
Leaves 90k, take about 50k and structure a bond ladder (40k left), 10k for my chick to sit on (30k left), 20k for some long term investments (10k left) and 10k for some short term (not day) trading.

If no investing and no car, I'd hit up vegas for a weekend try to double or triple it.

TheGreatOne · 09-08-2011, 07:51 AM

Car related?

Pay off line of credit which would then let me sell current downtown condo for a nice house with a garage (although we don't want to go suburbs, so pricey town house)

Put a nice 10K into the garage for my Z to sleep nicely
Spend another 5-10K on the modifications I had on my wish list.

2011 Nismo#91 · 09-08-2011, 08:17 AM

Pay off loans and other bills. But since this is a car forum and if I had to spend it on a car I buy either one of the following used but in very good condition:
Aston Martin DB9
Ferrari 360 Spider
Lamborghini Diablo VT

wstar · 09-08-2011, 08:37 AM

I used to think I'd want one of those exotic cars if I could afford it. I don't think I understood then what "affording" a car like that really means. The sticker price doesn't even begin to tell the story, and really an exotic is pointless unless you track it, and if you're tracking it that means "incidents" are going to happen too.

So for example, if I can barely afford to buy a $100K sportscar, I can't possibly afford to really enjoy it. The cheap way to track enjoyment is low-end cheap cars that make reasonable track platforms (e.g. used MX-5 Miatas). I'd like to think our 370Zs represent a nice middle of the road option though. More expensive to play with than a used Miata, but not as expensive to play with as a Porsche

ImportConvert · 09-09-2011, 06:36 AM

1. Pay off my Z06, keep it until the C7Z06 came out.
2. Buy a Registered Drop In Auto-Sear for my Noveske AR build.
3. Save the rest of the $$ and add to it and in another 2 years buy a house/property.

JZNx · 09-09-2011, 09:40 PM

invest!!!
LOL!!! you already have a Z!!! invest and make sure that 100k turns into something that will last rest of your life =)...
I mean buying a car would be nice but... you can do so much more with that!

ImportConvert · 09-09-2011, 09:48 PM

Quote:

Originally Posted by JZNx

invest!!!
LOL!!! you already have a Z!!! invest and make sure that 100k turns into something that will last rest of your life =)...
I mean buying a car would be nice but... you can do so much more with that!

I'd buy a car so fast that my investment WOULD last the rest of my life!

Sorry, but I found it amusing.

travisjb · 09-09-2011, 10:17 PM

I would buy 25,000 shares of DZZ

PowerShares DB Gold Double Short ETN: NYSE

ZZ quotes & news - Google Finance

... double-short gold

The gold lemmings are going to suffer all the way down to $1,200 an ounce!

optiontrader · 09-11-2011, 09:09 PM

Quote:

Originally Posted by travisjb

I would buy 25,000 shares of DZZ

PowerShares DB Gold Double Short ETN: NYSE

ZZ quotes & news - Google Finance

... double-short gold

But I've been wrongly calling the top of gold (George Soros, seems to be doing the same, LOL) for awhile now...

It's due for a drop, and the price action/volume is pointing to some technical signs for a breakdown. On the sidelines for now, but DZZ's on my watch list - only concern is it's thinly traded.

KillerBee370 · 09-09-2011, 10:51 PM

2 weeks in Bora Bora with the family and cover expenses and pay down mortgage with whatevers left over.

BrianMSmith · 09-10-2011, 04:28 PM

Buy a vacation Condo. That's what I am doing now, but I'll have to do a mortgage without that cash laying around. Otherwise it would go into long term investments with the rest of my cash.

Car is perfect stock and will keep me happy for 5 years or so. Then I'd do a GTR maybe, or a Cayman.

BrianMSmith · 09-10-2011, 04:59 PM

I actually just "made" $132,000 in the last 10 minutes on the phone with my lender.

I got my mortgage refinanced into a 15 year at 3.6%, from a 30yr at 5.15%, which saves me $132k of interest.

I can't spend that money on cars for some years yet though.....

With the market dropping, money going into treasuries, the yield is down to record lows. Time to Cha Ching.

travisjb · 09-10-2011, 06:59 PM

nice... in a 5/1 at 3.25%... silver lining in this economy for sure

09-07-2011, 02:09 AM	#1 (permalink)
Mr&Mrs A True Z Fanatic Join Date: May 2010 Location: Tampa Posts: 4,207 Drives: RZ34 Rep Power: 31942	I would use it towards building a new house the way the wife and I want it, and rent out the house we own now. Probably save a chunk towards the next Z and bank the rest. __________________ Project Z <--Click - Check out the link too many mods to list!

09-07-2011, 02:22 AM	#2 (permalink)
shumby Captin Canuck Join Date: Dec 2008 Location: with your mom Age: 46 Posts: 6,288 Drives: your sister Rep Power: 238	liquor and hores, cigeretts and dope and mustard and bologna ( any trailer park boys fans out there?) __________________ Originally Posted by SAM@GTM Engine detonation is not normal and it should never never happen, and whoever told that need to do something else for living . Sam

09-07-2011, 01:47 PM	#3 (permalink)
mr_sk Enthusiast Member Join Date: Jul 2011 Location: Brooklyn Posts: 393 Drives: 2011 Z Sport MT Rep Power: 15	Car: GT-R If no car, take 10K for fun money, trip, etc. Leaves 90k, take about 50k and structure a bond ladder (40k left), 10k for my chick to sit on (30k left), 20k for some long term investments (10k left) and 10k for some short term (not day) trading. If no investing and no car, I'd hit up vegas for a weekend try to double or triple it. __________________ Part out thread: http://www.the370z.com/parts-sale-pr...-dynodash.html

09-08-2011, 07:51 AM	#4 (permalink)
TheGreatOne A True Z Fanatic Join Date: Jan 2011 Location: Montreal, Canada Age: 48 Posts: 1,980 Drives: E60 BMW M5 Rep Power: 23	Car related? Pay off line of credit which would then let me sell current downtown condo for a nice house with a garage (although we don't want to go suburbs, so pricey town house) Put a nice 10K into the garage for my Z to sleep nicely Spend another 5-10K on the modifications I had on my wish list. __________________ 2017 SUBARU STI 2008 E60 M5 - SOLD 2010 40th Anniversary 370Z - SOLD (and missing her)

09-08-2011, 08:37 AM	#6 (permalink)
wstar A True Z Fanatic Join Date: Mar 2009 Location: Houston, TX Posts: 4,024 Drives: too slow Rep Power: 3596	I used to think I'd want one of those exotic cars if I could afford it. I don't think I understood then what "affording" a car like that really means. The sticker price doesn't even begin to tell the story, and really an exotic is pointless unless you track it, and if you're tracking it that means "incidents" are going to happen too. So for example, if I can barely afford to buy a $100K sportscar, I can't possibly afford to really enjoy it. The cheap way to track enjoyment is low-end cheap cars that make reasonable track platforms (e.g. used MX-5 Miatas). I'd like to think our 370Zs represent a nice middle of the road option though. More expensive to play with than a used Miata, but not as expensive to play with as a Porsche __________________ 7AT Track Car! Journal thread / Car setup details

09-08-2011, 08:17 AM	#5 (permalink)
2011 Nismo#91 A True Z Fanatic Join Date: Mar 2011 Location: NJ Posts: 2,412 Drives: slowly Rep Power: 40571	Pay off loans and other bills. But since this is a car forum and if I had to spend it on a car I buy either one of the following used but in very good condition: Aston Martin DB9 Ferrari 360 Spider Lamborghini Diablo VT

09-09-2011, 06:36 AM	#7 (permalink)
ImportConvert A True Z Fanatic Join Date: Jun 2010 Location: SWMO Posts: 4,454 Drives: 2019 CX5 GT Reserve Rep Power: 7628	1. Pay off my Z06, keep it until the C7Z06 came out. 2. Buy a Registered Drop In Auto-Sear for my Noveske AR build. 3. Save the rest of the $$ and add to it and in another 2 years buy a house/property.

09-09-2011, 09:40 PM	#8 (permalink)
JZNx Base Member Join Date: Jul 2011 Location: **SoCal Posts: 246 Drives: 370z Rep Power: 15	invest!!! LOL!!! you already have a Z!!! invest and make sure that 100k turns into something that will last rest of your life =)... I mean buying a car would be nice but... you can do so much more with that!

09-09-2011, 10:17 PM	#10 (permalink)
travisjb A True Z Fanatic Join Date: Jan 2009 Location: GSO Posts: 2,803 Drives: VIR Rep Power: 190	I would buy 25,000 shares of DZZ PowerShares DB Gold Double Short ETN: NYSEZZ quotes & news - Google Finance ... double-short gold The gold lemmings are going to suffer all the way down to $1,200 an ounce! __________________ 2009 370Z #104 For Sale

09-09-2011, 10:51 PM	#12 (permalink)
KillerBee370 A True Z Fanatic Join Date: Mar 2009 Location: So Cal baby! Age: 53 Posts: 5,964 Drives: with passion Rep Power: 323	2 weeks in Bora Bora with the family and cover expenses and pay down mortgage with whatevers left over.

09-10-2011, 04:28 PM	#13 (permalink)
BrianMSmith Enthusiast Member Join Date: Dec 2009 Location: secret Posts: 267 Drives: 370Z, Ducati 748S Rep Power: 17	Buy a vacation Condo. That's what I am doing now, but I'll have to do a mortgage without that cash laying around. Otherwise it would go into long term investments with the rest of my cash. Car is perfect stock and will keep me happy for 5 years or so. Then I'd do a GTR maybe, or a Cayman.

09-10-2011, 04:59 PM	#14 (permalink)
BrianMSmith Enthusiast Member Join Date: Dec 2009 Location: secret Posts: 267 Drives: 370Z, Ducati 748S Rep Power: 17	I actually just "made" $132,000 in the last 10 minutes on the phone with my lender. I got my mortgage refinanced into a 15 year at 3.6%, from a 30yr at 5.15%, which saves me $132k of interest. I can't spend that money on cars for some years yet though..... With the market dropping, money going into treasuries, the yield is down to record lows. Time to Cha Ching.

09-10-2011, 06:59 PM	#15 (permalink)
travisjb A True Z Fanatic Join Date: Jan 2009 Location: GSO Posts: 2,803 Drives: VIR Rep Power: 190	nice... in a 5/1 at 3.25%... silver lining in this economy for sure __________________ 2009 370Z #104 For Sale

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