Member of the Month

X_MEMESWERVE_XX
March, 2025

Online

Welcome to the Newschoolers forums! You may read the forums as a guest, however you must be a registered member to post. Register to become a member today!

What to do with 600k

profile picture
SterlingArcher
Posts: 2200 - Karma: 2,456
Invest your money in real estate? (I.e. rental properties, etc)

Buy land? (Agriculture/grazing rental, land near developments for future project resale, recreational use, etc)

Play the market? Savings bonds? Etc..

Start or buy into a business?

What would you do so you had a steady yearly return from investments? Speaking in terms as if you had more than enough money and only used the money to pay property taxes/bills and get a slight/moderate return.
12 years ago
148 2
profile picture
Peachbutt
Posts: 623 - Karma: 601
Hookers and blow.
12 years ago
30 1
profile picture
TACO-DOG.exe
Posts: 11989 - Karma: 12,266
start up a drug operation like they do in the movies.
12 years ago
4 0
profile picture
1337
Posts: 31074 - Karma: 29,630
high risk trading until you either have enough money to buy a ski resort and turn it into an NS mountain, or you go broke
12 years ago
30 0
profile picture
LoathesRaisins
Posts: 3612 - Karma: 4,735
Marijuana farms.
12 years ago
2 0
profile picture
James.May
Posts: 494 - Karma: 321
buy a new cottage and a bunch of "toys" and use it until the market rises like it seems to always be and sell then repeat.
12 years ago
0 0
profile picture
2_fadez
Posts: 7780 - Karma: 4,183
Get a bunch of it in 1's, and then make baseball bats out of the money. Then I'd beat up people and tell them that if they were rich maybe they could have fought back
It'd be some real class warfare
12 years ago
10 0
profile picture
SterlingArcher
Posts: 2200 - Karma: 2,456
If you used a portion of the money.. what percents would you break it into? Example: take 100k use 40% high risk investments.. crazy earnings or go for broke. 30% moderate risk. And 30% low risk trading to always have a guaranteed return even if not in large sums.. ???
12 years ago
1 0
profile picture
1337
Posts: 31074 - Karma: 29,630
That sounds pretty decent.

Source: I have no experience with trading, investing, or the stock market. I do know my way around numbers though and that seems smart enough to me
12 years ago
3 0
profile picture
daannnnieel
Posts: 5163 - Karma: 4,293
buy a r32, and a 240sx. After that invest money into both of them. Buy cheap condos at a few different ski hills, rent out/use them. Put the rest of the money into the bank for a nice ass retirement.
12 years ago
0 0
profile picture
Titus69
Posts: 9329 - Karma: 17,829
get an imported skyline and an evo 9 and move too mammoth
12 years ago
0 0
profile picture
esotericjive
Posts: 1889 - Karma: 1,445
GO BIG OR GO HOME, MOTHERFUCKER. BUILD A METH LAB, SHITCAMEL.

DO IT, YOU WON'T.
12 years ago
5 0
profile picture
Charlie_Kelly
Posts: 11955 - Karma: 12,308
Buy a shit ton of cars and build them myself.

Then pay off student loans.

Then invest in gummy bears.

12 years ago
2 0
profile picture
daannnnieel
Posts: 5163 - Karma: 4,293
ew evo.
12 years ago
2 1
profile picture
SterlingArcher
Posts: 2200 - Karma: 2,456
^ This money would be strictly for investing.. as in there would already be additional money set aside for cars and such.
12 years ago
0 0
profile picture
Wolfgang.
Posts: 807 - Karma: 866
I would buy multiple properties, secluded lots and abandonned warehouses, nothing too too expensive. I would then buy chemicals, many different supplies and equipment. The early stages of my laboratory have begun. I cannot say publicly what I would be working on because various departments of internal and international defence would disagree. Expect vast amounts of anarchy in the years to come.

Its either that, or invest into my skiing.
12 years ago
3 0
profile picture
Roddy
Posts: 8 - Karma: 24
Samsung
12 years ago
1 0
profile picture
Abu_Hajaar
Posts: 2751 - Karma: 3,908
I would start a vegan sex toy company.
12 years ago
0 0
profile picture
Bloc_chain
Posts: 26051 - Karma: 4,433
lsd lab
600k worth of leicas and film
12 years ago
3 0
profile picture
Titus69
Posts: 9329 - Karma: 17,829
hey....evo 9 is one of my favorite cars thats not a supercar
12 years ago
0 0
profile picture
000000000000
Posts: 843 - Karma: 1,552
Ammunition and gold bricks
12 years ago
0 0
profile picture
bigbromskier
Posts: 1175 - Karma: 330
start a non-profit specializing in redeveloping empty lots/disused land to create parks and other forms of greenspace in disadvantaged urban areas. would also advocate public agriculture as well as low rents for newly formed local businesses.

open a fun, laid back restaurant centered around healthy, creative food. there's one in bend that I liked that's a casual sit-down service restaurant, but is also a counter take-out with refrigerators full of beer and other drinks like a convenience store. live music, casual seating, bombass food.

buy a fixerupper in a good location. live in it, make it sick, rent it. repeat. or the same strategy except it's not a fixerupper cause its not feasible with my handyman skills. OR hire a handyman with the intent of being his apprentice in the first scenario--skillz+billz. my uncle has been doing this for years and it seems to have been working fairly well.

buy 600k worth of gold and silver and bury it. cash in at the right moment given that I can find it and dig it up in time.
12 years ago
1 0
profile picture
bigbromskier
Posts: 1175 - Karma: 330
start a non-profit specializing in redeveloping empty lots/disused land to create parks and other forms of greenspace in disadvantaged urban areas. would also advocate public agriculture as well as low rents for newly formed local businesses.

open a fun, laid back restaurant centered around healthy, creative food. there's one in bend that I liked that's a casual sit-down service restaurant, but is also a counter take-out with refrigerators full of beer and other drinks like a convenience store. live music, casual seating, bombass food.

buy a fixerupper in a good location. live in it, make it sick, rent it. repeat. or the same strategy except it's not a fixerupper cause its not feasible with my handyman skills. OR hire a handyman with the intent of being his apprentice in the first scenario--skillz+billz. my uncle has been doing this for years and it seems to have been working fairly well.

buy 600k worth of gold and silver and bury it. cash in at the right moment given that I can find it and dig it up in time.
12 years ago
0 0
profile picture
louie.mirags
Posts: 6015 - Karma: 5,027
https://www.newschoolers.com/ns/mobile/forumread/id/753123/
12 years ago
0 0
profile picture
123+ski
Posts: 2832 - Karma: 581
real estate, then if you get a good idea what you are doing, you could try flipping property, but it is not as easy as you think. I would say invest in a couple apartments if you can, like near a university or growing section of town. You will always find someone who wants to live there. The only thing to remember if you go near a university is how trashed those places can get, so keep that in mind. Also remember that a little can go a long way. If you buy a washer and dryer for a few apartments to share, you can charge more in rent at little cost to you for many years.
12 years ago
0 0
profile picture
Stainr
Posts: 1186 - Karma: -1,150
would not do shit.
12 years ago
0 0
profile picture
Caucasian_Asian
Posts: 2447 - Karma: 1,665
Not take investment advice from 14 year-olds on NS.
12 years ago
1 0
profile picture
SterlingArcher
Posts: 2200 - Karma: 2,456
Who yet are contributing more than you.
12 years ago
5 0
profile picture
YoungJ
Posts: 447 - Karma: 883
Start sponsoring skiiers
12 years ago
1 0
profile picture
whoa-dere
Posts: 10596 - Karma: 7,105
pm me for my paypal
12 years ago
1 0
profile picture
KrazyistKarl
Posts: 1725 - Karma: 599
is this hypothetical or do you actually have 600k?
12 years ago
0 0
profile picture
last_tango
Posts: 2635 - Karma: 2,665
own a fuck ton of section 8 housing and become a slum lord.
12 years ago
3 0
profile picture
TechnoPotamus
Posts: 11626 - Karma: 3,522
ZING
12 years ago
0 0
profile picture
FightClub27
Posts: 486 - Karma: 416
I would buy
1- Roller skates
2- A pony
3- Roller skates for my pony
12 years ago
1 0
profile picture
Laurent.
Posts: 10056 - Karma: 25,311
Six nights out at Nikki Beach.

Click for larger image
12 years ago
3 0
profile picture
jibbpeter
Posts: 1613 - Karma: 4,083
When you see this, it's time to run like hell
12 years ago
0 0
profile picture
Laurent.
Posts: 10056 - Karma: 25,311
The parking lot shows off quite well what kind of people go there:

Click for larger image

*Look at me in my red Ferrari, I'm so unique!*

Click for larger image
12 years ago
1 0
profile picture
Laurent.
Posts: 10056 - Karma: 25,311
Take 2:

Click for larger image

Click for larger image
12 years ago
2 0
profile picture
howlongcanausern
Posts: 4982 - Karma: 1,737
>start fake business
>give myself "income"
>get permanent residency in canada
>eventually get citizenship in canada
>laugh at USA's slow but steady decline
12 years ago
2 0
profile picture
RawrRawrRob
Posts: 1841 - Karma: 685
Travel the world
12 years ago
3 0
profile picture
Charlie_Kelly
Posts: 11955 - Karma: 12,308
This is actually the best idea. Then you can pedel drugs and become a drug lord. Start a cartel, absorb through hostile takeovers other cartels, gain power, use power on governement, take over small country, start war and revolution, take over larger country, repeat until continent is yours, form new coalition and wage war on world, take over world.

Or invest in gummy bears until dead.
12 years ago
0 0
profile picture
jaredmdub
Posts: 2229 - Karma: 564
depends on your age. a simple strategy for investing is using your age as a percentage of where you're putting money.

I'm 23 so I would invest 25% of my money in more riskier investments and the remaining 75% in low risk investments for the first couple of years. since you are probably young, that 75% will continuously be earning (if you chose like CD's or bonds)

every year, switch the percentages up.

for example:
year 1    25-75
year 2    26-74
year 3    27-73

and so on...

it depends on how dumb you want to be with your money though.
12 years ago
0 0
profile picture
SterlingArcher
Posts: 2200 - Karma: 2,456
Let's just use this situation...

You had investments already in place that annually grossed roughly $60k to $65k a month on average. Aside from investments you had "more than enough" liquid cash set aside for day to day living, cars, hobbies, homes, etc. And you were using an seperate amount (let's say 600k) to use for other investment opportunities, as in owning rental properties in vacation destinations, owning a ski retail business, owning a ranch and leasing acreage on your land for others to utilize, and use income strictly to pay property tax, assoc fees, operating costs. All of which which would not effect your liquid cash or other seperate investments.
12 years ago
0 0
profile picture
SterlingArcher
Posts: 2200 - Karma: 2,456
Sounds solid. And I'm 26 so thats #2?
12 years ago
0 0
profile picture
Ski_the_east01
Posts: 5203 - Karma: 2,306
Click for larger image
12 years ago
0 0
profile picture
jaredmdub
Posts: 2229 - Karma: 564
you could start lower and increase every year or start a little higher. like maybe 30-70 for the first couple of years just to see how everything goes. it all depends on personal preference.
12 years ago
0 0
All times are Eastern (-4); Currently it's 8:38AM