U Got 200k? What to do?
 

Lets say your in your early 20's and in the last 5 months you've made about 200k in poker. What is a smart way to invest the money?

Re: U Got 200k? What to do?
 

Put it all on black.

Re: U Got 200k? What to do?
 

Sucker! Everyone knows it's red. Indians > African Americans.

Swede

Re: U Got 200k? What to do?
 

First:pay off all debt.
Second:Tijuana, Mexico.
Third:two chicks at the same time (some of you may need more money for this)

Re: U Got 200k? What to do?
 

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Lets say your in your early 20's and in the last 5 months you've made about 200k in poker. What is a smart way to invest the money?

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Need more info. What's your risk tolerance ? What's your investment time horizon? Will you need any of this money in the near future? A diversified prtfolio of equity mutual funds is what I would advise but only if you have at least a 3 to 5 year time horizon.

Re: U Got 200k? What to do?
 

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First:pay off all debt.
Second:Tijuana, Mexico.
Third:two chicks at the same time (some of you may need more money for this)

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This is a good plan. However, if you go to TJ, avoid this place.

http://www.tijuanazonanorte.com/Phot...iles/Bambi.jpg

Re: U Got 200k? What to do?
 

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Third:two chicks at the same time (some of you may need more money for this)

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about five times as much...

http://www.abusado.fotogold.com.br/f...1100892856.jpg

Re: U Got 200k? What to do?
 

[censored] TJ man. Good times, good times.

Revolution Blvd, or street or whatever it was.

Fun place. Loved me some senioritas.

[img]/images/graemlins/grin.gif[/img]

You went to the Phillipines right? Ever see the ping pong ball show? You ate the bananna didn't you Jake?

You dirty dirty jarhead you [img]/images/graemlins/grin.gif[/img]

Re: U Got 200k? What to do?
 

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You went to the Phillipines right? Ever see the ping pong ball show? You ate the bananna didn't you Jake?

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Went to the PI, but never saw the inside of a bar there. Saw the ping pong ball show in Thailand. Saw the snake show at Sin Allet on Oki. No comment on the banana.

Re: U Got 200k? What to do?
 

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No comment on the banana.

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You ARE a dirty old man. I knew it.

[img]/images/graemlins/grin.gif[/img]

Re: U Got 200k? What to do?
 

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First:pay off all debt.
Second:Tijuana, Mexico.
Third:two chicks at the same time (some of you may need more money for this)

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you get 200K and your first stop is a crappy bordertown? TJ is where id go if I had like $200, not $200K.

Re: U Got 200k? What to do?
 

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Third:two chicks at the same time (some of you may need more money for this)

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you need a million dollars for this, but i like the effort man.

Re: U Got 200k? What to do?
 

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Third:two chicks at the same time (some of you may need more money for this)

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you need a million dollars for this, but i like the effort man.

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That's just for the kind of chicks that would double down on a dude like you.

Re: U Got 200k? What to do?
 

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First:pay off all debt.

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unless it's low interest debt like student loans, in which case your money could be making higher interest for you than the interest you're paying on the loans.

Re: U Got 200k? What to do?
 

[censored]' A man.

Re: U Got 200k? What to do?
 

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Sucker! Everyone knows it's red. Indians > African Americans.

Swede

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Am I the only one that finds this offensive?

Re: U Got 200k? What to do?
 

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Sucker! Everyone knows it's red. Indians > African Americans.

Swede

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Am I the only one that finds this offensive?

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Yes. OOTiots generally have at least some semblance of a sense of humor. I'm not saying it's funny per se, but just chill out a bit.

Re: U Got 200k? What to do?
 

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Sucker! Everyone knows it's red. Indians > African Americans.

Swede

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Am I the only one that finds this offensive?

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I don't think it's funny or offensive. Pretty meh.

-SmileyEH

Re: U Got 200k? What to do?
 

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Sucker! Everyone knows it's red. Indians > African Americans.

Swede

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Am I the only one that finds this offensive?

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Yes.

Re: U Got 200k? What to do?
 

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Sucker! Everyone knows it's red. Indians > African Americans.

Swede

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Am I the only one that finds this offensive?

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Even I don't find this offensive, and I'm one of the most pinko-commie traitors you will find.

Re: U Got 200k? What to do?
 

You learn how to count cards and bet $1g/ hand.

Re: U Got 200k? What to do?
 

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you get 200K and your first stop is a crappy bordertown? TJ is where id go if I had like $200, not $200K.

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It was a jopke.

Me with $200k cash:

1) Home paid off. (Would leave around $15k)
2) Nice down payment on a new car for the wife.

Then I'd take the rest and by myself a piece of gum.

Re: U Got 200k? What to do?
 

Buy a house.

Re: U Got 200k? What to do?
 

I'm with you man, this kind of bigotry is uncalled for... it should read:

Injuns < African Americans

Re: U Got 200k? What to do?
 

</font><blockquote><font class="small">In risposta di:</font><hr />
Buy a house.

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the correct answer.

Re: U Got 200k? What to do?
 

I would invest half of it in glorious mutual funds and take the other half over to my friend Asadulah who works in securities and....

Re: U Got 200k? What to do?
 

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Buy a house.

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the correct answer.

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Yeah, definitely. Mutual funds are great and all, but a house is an investment you get to use while it gains in value.

Re: U Got 200k? What to do?
 

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glorious mutual funds

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I always thought he said Janus.

Re: U Got 200k? What to do?
 

Obviously it's playing Neverwin HU. Duh.

Re: U Got 200k? What to do?
 

1) http://www.ingdirect.com - start up an on-line savings account with a small portion of it that you would like to have access to. they have really good rates.

2) http://www.fidelity.com - go start up a ROTH IRA and max that thing out.

3) buy a house and live in it.

4) transfer anything left over to tpir90036 on 'stars.

Re: U Got 200k? What to do?
 

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Sucker! Everyone knows it's red. Indians &gt; African Americans.

Swede

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Am I the only one that finds this offensive?

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Definitely offensive and tasteless. What a jerk!

My updated comparison...

Indians &gt; African Americans &gt; Swede

Swede

Re: U Got 200k? What to do?
 

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Obviously it's playing Neverwin HU. Duh.

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nh

Re: U Got 200k? What to do?
 

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glorious mutual funds

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I always thought he said Janus.

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stick it in her Janus? a new pooper?

Re: U Got 200k? What to do?
 

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glorious mutual funds

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I always thought he said Janus.

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Might have. I cut and pasted the quote. It sounded right to me either, but I found it two places the same way. Meh.

Re: U Got 200k? What to do?
 

Enron

Re: U Got 200k? What to do?
 

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2) http://www.fidelity.com - go start up a ROTH IRA and max that thing out.


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A) You really think that making 200k (assuming he declared it) would allow him to contribute to a Roth?
B) Even if he was eligible, the max is still capped at $4k/yr.

While a roth ira is a great investment tool, it's not ideal (or allowed) for a person who gets a large chunk of cash like this. I would personally put a chunk in money market accounts, a bunch in mutual funds, buy a house or two, and dump a bunch in a bloated life insurance policy with a company like NW Mutual.



Freakin

Re: U Got 200k? What to do?
 

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1) http://www.ingdirect.com - start up an on-line savings account with a small portion of it that you would like to have access to. they have really good rates.

2) http://www.fidelity.com - go start up a ROTH IRA and max that thing out.

3) buy a house and live in it.

4) transfer anything left over to tpir90036 on 'stars.

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You can't contribute a roth if you make that much money.

Re: U Got 200k? What to do?
 

I'd get two chicks and make them sit on my face and have a ride like the Kentucky Derby...on second thought, they should pay ME.

Re: U Got 200k? What to do?
 

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I'd get two chicks and make them sit on my face and have a ride like the Kentucky Derby...

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I have no idea what this means.

Re: U Got 200k? What to do?
 

I don't like the idea of buying a house. I'd rather wait till I was a little older and possibly be married and have a state you are planning on spending a lot of time etc. Plus, if your winrate is for the long-term, you will not be happy that you blew 200k on a shitty house, when you could've gotten a nice house for 4-500k a year from now.