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Logo design credit goes to: tubbadu
Yeah, paying off loans.
Alternatively and less boringly, upgrade my desktop and peripherals, new laptop for me and my wife, get nice homelab/server stuff, smart home stuff/sensors, surround sound system for my family room and office/gaming room, proper furniture for my office, new matresses for almost every bed in the house. That would most likely eat most of it, give or take ~$2,000.
Shares.
Better answer than "debt" unless that debt is at a high interest rate.
Don't discount paying off a modest 6-7% car or student loan. That's a guaranteed and tax free return on investment. Historically the stock market returns about a 7% annual ROI. Not having a payment every month can make a big difference for liquidity and peace of mind
I would count that as "high," especially when, as you suggest, you consider risk-adjusted rates.
Basically, just don't prematurely pay off your mortgage if you have one of those 3% ones from a decade ago.
Putting it toward my mortgage payment.
Debt, then idk. Maybe a burger or something?
Look at Mr. Humble Brag here with only $19,980 in debt. Oooooo. So fancy.
;)
The boring but truthful answers of "I have bills that can easily soak it all up without an issue (mortgage, student loans, car, etc)" have been said, so assuming I cannot use it to repay any debts, and I have to make actual new purchases, I'd buy things that I could pay for now but enjoy for a long time. 3-year VPN plan, multi-year phone plan, gift cards to restaurants (especially with a bulk discount like at a Costco), etc. Upgrade my cockatiels to a cage that goes wall to wall with real plants hanging out and all that. The little things that cost enough that I don't get them but not enough to be a life-changer. Probably be a good amount left, I'd get a moped or electric bike of some kind, and I'd upgrade my laptop to a stupid powerful one.
I'd take it all to the casino and bet it all on one game. Walk out ten minutes later with 100k or the nothing I'd have at the end of the day anyway.
I like your style
Boring answer but with the 1974 built house I have that 20k disappears into the renovations void.
Take your pick: furnace, central A/C, driveway repairs.
Buy here pay here used car lot, pay all cash for a good Toyota or Honda on the spot, immediately turn it back around and post for private party sale, whenever it sells I get the cash scot free and can turn it back into a real investment
If you're american, probably pay 10% of your medical debt or some shit like that.
Put it on my mortgage.
I have a car dealership right next to my office. And I'd really love to retire my 20yo car
Shares in index funds.
Im a project car guy, can I add funds? Seriously, daddy needs a new engine.
I volunteer at some food pantries, and they could really use the help.
I’d use it to pay my mortgage. That would bring me down to like $6k (bought this place a long time ago on foreclosure, so it was cheap but it’s a piece of shit place, so tradeoff). I’d then just pay the remaining 6k from savings and have zero leftover savings (but that would replenish eventually), and be done with it forever. That would feel amazing and take a lot of stress off my fixed income situation.
If it can't be debt or investments; I'm leaving with 20k of hardware from microcenter.
blow em' all on 0DTEs. lambos or food stamps baby.
$20,000 gift card
Your money is now locked to one store and has an expiration date
has an expiration date
Only if you live in the corporate shithole formerly known as the United States.
Put it all in Google/Facebook ads that just say “Release the Epstein Files!”
For someone to clean my house (totally douche this place out), get rid of all the accumulated crap (like haul away the stuff to the dump or w/e), and then get the flooring done. All the floors. Wood, actually wood.
Ugh that would be so freaking niiiiice.
CDs (certificates of deposit)
Boring but effective.
Food banks.
Is it magic. Can I like upgrade by hvac to a heat pump even though I could not get it in a day? If so I would do that and maybe get all the ductwork replaced if it could be fit into the cost.
