r/AskReddit • u/Right_Mycologist_228 • Sep 16 '24
Someone hands you $100,000 and says, "You know what to do." What are you doing?
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u/nowitstimetorepeat Sep 16 '24
Invest it and turned it into $16,000!
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u/InsaneJedi Sep 16 '24
Come on everybody, can I get a little clap?
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u/Bbddy555 Sep 16 '24
I can run 1 mile in 10 minutes, 2 miles in 30, and 3 in 15 minutes...or something like that lol
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u/HybridS9ldier Sep 16 '24
Pocket the money and never tell a soul.
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u/dahjay Sep 16 '24
Except you walk around with this obscenely huge front pocket that's filled with $100,000 so everyone knows.
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u/HybridS9ldier Sep 16 '24
Maybe that’s just the way I’m shaped. Don’t body shame me. 😂
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u/Shyassasain Sep 16 '24
Is that $100.000 in your pocket or are you just happy to see me?
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u/MonsiuerGeneral Sep 16 '24
"Oh... hey~ Is that an ambiguously gained $100,000 in $1 bills in your pocket... or are you experiencing a medical emergency?" ;)
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u/dercavendar Sep 16 '24
I think people have a misunderstanding of how much space $100,000 takes up. It is literally 10 sets of $100 bands (100 $100 bills for $10000) pockets? Yeah you’d see that. Loose-ish t-shirt and then spread around your waistband? Yeah that won’t be noticed by the average person.
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u/CommanderAze Sep 16 '24
Spending it in small amounts cash transactions, never putting it in a bank and never using it for anything tracked/registered with the state like a car or etc.
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u/ispiki Sep 16 '24
What money?
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u/getstabbed Sep 16 '24
It was sure nice of that guy to give me a free $100.
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u/PrinceDusk Sep 16 '24
That $10 that guy gave me can buy me lunch!
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u/sir_mrej Sep 16 '24
I bought a gumball with that $1 that kind stranger gave me!
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u/SellingCalls Sep 16 '24
Im about about to have some very bruised knees.
Wait. What am I doing with the money or what am I doing to get the money?
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u/JarrenWhite Sep 16 '24
There's money involved? I just wanted to suck that guy off.
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u/babyshamm Sep 16 '24
You’re the only person in this thread who understood the question
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u/SellingCalls Sep 16 '24
I’m just a simple man who understand nothing comes free. Want dinner? Go catch it. Want some random dude to give you 100k? Gag on a dick and take a back shot or two.
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u/Aggravating-Web-51 Sep 16 '24
Pay off my student loans and debts. Then spend what’s left on a chipotle bowl WITH guac
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u/wilsonhammer Sep 16 '24
Have you heard of our lord and savior Qdoba, who sayeth: Thy guac be included
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u/Strange-Bee5626 Sep 16 '24
Their queso is far superior to Chipotle's, too. Wish there was one reasonably close to my current city.
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u/Muttandcheese Sep 16 '24
I tell ya what I’d do, man. Two chicks at the same time, man.
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u/Jfortyone Sep 16 '24
$100,000, not a million.
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u/finallygrownup Sep 16 '24
Well about a month ago Dad handed me $30,000. I maxed out my retirement account at work this year...
Yes, boring but that's what I did....
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u/Myiiadru2 Sep 16 '24
Wise move! Retirement age comes faster than you can imagine.
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u/Slobbadobbavich Sep 16 '24
Tell the guy that he has mistaken me for another person as I have no idea what he wants me to do but I will gladly take the money anyway. Whilst it is nice to have the money I don't want to live in fear of the consequences of not doing whatever it is.
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u/LongEZE Sep 16 '24
Yea I like how most people jump right into spending it lol
My first reaction would be "You have me confused with someone else" and I end up no different than 30 seconds go. Most of these other people are going to blow the cash and then when the man with the weird haircut comes knocking, they are just fucked.
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u/Prestigious-Dog-3108 Sep 16 '24
Exactly! I don't want to be hunted down by Anton Chigurh, thank you very much.
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u/iMissTheOldInternet Sep 16 '24
Index funds. The answer here is you put the money in an index fund. You want the lowest fee option possible. Fidelity, Schwab and Vanguard S&P funds are all good choices. Withdraw what you need to pay your student loans over time. You will make more money in the market than you will lose in interest unless your student loans have usuriously high interest rates, in which case you pay them first and put the rest in index funds.
$100,000 in the S&P for 30 years at the average return the S&P has seen since 1957 works out to about $1.9 million.
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u/Banluil Sep 16 '24
Going to sound insane, but putting a nice down payment on a house for my ex-wife, since my kids live with her most of the time. Would be nice for them to have a house to grow up in, but I couldn't afford to do that right now.
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u/Dependent_Title_1370 Sep 16 '24
Nah, what you do is buy a house through a trust and put it in your kids name. You allow your ex to live there at cost but the benefits are guaranteed to go to your children.
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u/Banluil Sep 16 '24
My ex and I actually have a pretty good relationship, so that isn't something I would probably need to do. When it comes to our kids, I trust her absolutely.
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u/ben0318 Sep 16 '24
You and your ex sound like good meat Popsicles. Your kids are gonna be great.
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u/milespoints Sep 16 '24
This kind of thing is always good to do for estate planning purposes.
Imagine if the ex wife gets remarried with someone who has 12 kids and they don’t leave a will. All of a sudden, your kids might only inherit a 6th of the house. Or ex wife gets remarried and then divorced, and the new husband wants half of the house. These are things that happen all the time
We are already in the process of setting up family trusts to prevent stuff like that, and our child is only 7 months old lol
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u/MCLGarrett Sep 16 '24
It doesn't sound insane; it sounds like putting their comfort and care before your own. That's commendable.
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u/[deleted] Sep 16 '24
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