You get 50k dollars tax free no catch what do you plan to do with it?
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- 6 days
I’d buy two sticks of RAM. I know I’ll have to use some of my own money but I think it’ll be worth it.
- 6 days
Buy enough solar and batteries to become energy independent for the rest of my life.
- 6 days
You’d only need a fraction if you DIY, which is definitely worth it to learn how to do so you can fix it yourself.
- Nziom@lemmy.worldEnglish6 days
I do actually know how to build them from scratch i am a semiconductor and microeletronics PhD student ,unfortunately i don’t have the time or money to do it :(
- Nziom@lemmy.worldEnglish7 days
wow even 50k is not a glamorous amount ? Or you mean to just use it on a mortgage ( surprisingly most people here pick that)
- 7 days
Not if you have a mortgage over 200 to 500 thousand Dollars because you bought a house on credit (which is how most people buy a house because that really is an amount, even the well-earning middle class needs decades to accumulate).
It’s nice, but not life-changing.
I’d try to work out what the scam is as I work in sterling or euros usually.
- Nziom@lemmy.worldEnglish6 days
You mean you’d be suspicious of that amount? In this case let’s say it’s not something shady what would you do with it?
Nope. I’d be trying to work out why I have USA funny Money being sent to me rather than a normal local currency.
In all seriousness (and ignoring the USdefaultism) I would pay off mortgage for myself and any family members and any remainder would go to a local chapter of https://menssheds.org.uk/ or similar organisation.
- 6 days
I’m impressed that 50K is enough to pay off not only your mortgage, but other family members as well.
It would be for my parents but not for myself. I would pay the last bit of theirs off and take a chunk of mine and try to get my brother out of rental.
- Nziom@lemmy.worldEnglish6 days
Tbf am not from the US i picked that currency because most people here speak American English so i just went with it, It’s interesting how pretty much almost everyone went for the mortgage route
- 5 days
Yeah, should really have gone for 128 GiB instead of just 64 in 2024. On the other hand, DDR5 RAM training really is uncomfortably slow. Always looks like it’s dead when there’s just a black screen for half a minute before the actual boot happens.
- 6 days
Renovat my bathroom, install an air conditioning system, use the rest to pay the mortgage.
7 daysVanguard ESGV is a decent investment. It’s like the S&P 500 but with less guns and war.
Thats a nice ETF. Expense ratio is pretty low and its performance YTD and 1Y are within about .5% of the S&P500 (with it beating the S&P500 YTD).
For others, if you’d received this magical $50k exactly 1 year ago and invested it in ESGV, you’d have about $60k today.
- 7 days
In addition you destroyed 12 acres of nature, reduced the income of 15 other humans by 5% and made a family in the southern hemisphere homeless 👍
- 6 days
Not OP, and not saying don’t invest in this, but I’m guessing this is something to do with data centers, pollution, and ai.
- 7 days
Straight into the investment account. It’s not nothing but I’m not strapped for cash, and 50K USD alone can’t do much where I live…
I’d probably go to a really much bougie rehab. I’m not addicted to anything but I feel like I won’t get a whole month off work otherwise.
I always answer these in case OP is loaded and wants to give someone 50k because they are bored.
- Nziom@lemmy.worldEnglish7 days
Unfortunately i am quite poor but i was curious, and apparently most people here don’t really need that amount but tbf in my country 237$ is enough to save someone like me so it’s economic matter
