As a Norwegian, if I came into £25 000 that wouldn't be allot, and I would probably invest it in some kind of hedge fund, PE or venture capital, just to have the possibility of having some return on it. I am young as well, and don't really need the money now, so I can afford the risk.
If I did come into a lot of money though, say at least £100 000, I would probably invest it in property to get a steady flow of cash to supplement my normal wage. My hope is to buy enough property to be able to live of the rent and increase in value. Don't know about the timing on property in Norway now though, but right now no investment is even close to safe. Might as well buy something with real value instead of inflated shares in companies or unsecured deposits in bank accounts.
That amount I'd pre-pay next years college tuition for my girl, or maybe get mrs mb some nice jewelry and shoes. If it were big money, buy a few thousand acres in the Rockies and go hunting every day.
Pay of some loans, nice vacation and something fun that i normally wouldn't spend money on. If i got a lot of money it would be invested in a house for me then the rest in real estate for comfortable money
If you got an unexpected windfall of at least £25, 000 what would you spend it on or invest it in?
Currently, £25, 000 = $3,9934.57 CDN
Invest in paying down mortgage on home, $10,000.
Purchase a decent, not too old, used vehicle for no greater than $10,000.
$10,000 into RRSP's and the rest, $9,934.57, would go to a local charity. Which charity... probably the local soup kitchen or battered women's shelter.
I would fill my bath with majo and i would bathe in it. rest of money i would just spend sooner or later, for basic everyday stuff or for smth to threat myself.
I would change that all in 5 euro bills and dress like every day ...and went to the main square in my city and with my smile and all that money give to the random people...
or i would just travel
#1535193 by unknown[81460] at 2013-07-03 20:23:50 (3 weeks ago) - [Quote] - [Report]
hOG wrote:
Donate the money to holy mother church
There is a pot that was marked for a certain "donation" that wont be happening now