You win/are given $100K. How are you going to use this to set up the rest of your life?

[adnanazmi]

You are given $100K in a crypto wallet. I was just thinking what would be the best way to utilize 100K to set yourself up for the rest of your life.

Maybe invest the majority potion into RE? and about 25k to invest in yourself? 10k for expenses. 25k to invest in yourself. 65k on investments? Investing in your own business with a 'starving crowd'? And that has a multi-billion $ 'pie'?

 

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[socaldude]

Everyone’s circumstances, skills and personal challenges are different.

How the money will be allocated largely depends on you.

set yourself up for the rest of your life.

$100k isn’t a lot of money. You can blow through that in no time and make no progress. I’ve done that before.

But, that definitely is a life changing sum for someone who has never had that much. And it definitely is an opportunity to make something of it.

But to answer the question even if it’s hypothetical. I would first get educated, get disciplined, fix my mental/physical health. Which doesn’t cost a whole lot money. You see where this is going?

 

[MJ DeMarco]

My answer is the same, regardless if it is $500K, $100K, or ten bucks...

Start a damn business.

In America, $100K can't even buy you a luxury car any longer and it certainly can't change your life long-term, unless you leverage that capital into something more life-changing.

$100K simply makes some things easier, with less stress.

 

[Andy Black]

Spend $5/day on ads.

 

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[Simon Angel]

Immediately quit my job where I flip burgers and gamble them in an attempt to make $1,000,000.

As retarded as that sounds, that's actually what someone in my area did... 2 weeks later, they're back to waiting tables right across the street from their old job.

 

[Jrjohnny]

You are given $100K in a crypto wallet. I was just thinking what would be the best way to utilize 100K to set yourself up for the rest of your life.

Maybe invest the majority potion into RE? and about 25k to invest in yourself? 10k for expenses. 25k to invest in yourself. 65k on investments? Investing in your own business with a 'starving crowd'? And that has a multi-billion $ 'pie'?

Invest 0% into finding a idea/ product, spend 5-10% on prototype, spend 50% getting mass produced, spend 20% advertising, spend rest on something else that’s needed

 

[buy_the_dip]

100k isnt so much money, but I would to search a Company succession, go to a bank and take the rest of the money as a credit.

 

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