Ask Lemmy

Put it in the bank and live every day like the day before!

$50k is a weird amount.

If you're currently financially in crisis, it will probably save your life. But if you're doing okay, it probably won't change your life much. And if you're even mildly rich, like six figure salary, you might not even notice.

I'd probably just put it in vanguard or a high yield savings, in preparation for bigger expenses that are probably coming (eg: moving, unemployment)

Straight to my mortgage principal. Because I'm dull like that.

I had that happen in January, I built my own bookstore.

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.

Not work a day in my life. My country is so poor that's enough to sustain me for 50 years.

Down payment on a house

Pay off mortgage, not glamorous but it works.

I'd pay off my house. No hesitation.

EDIT: I owe just a bit over $50K on my house. By chance, the amount OP chose fits my circumstances exactly.

I'd try to work out what the scam is as I work in sterling or euros usually.

Buy some solar panels and throw the rest at my mortgage

Renovat my bathroom, install an air conditioning system, use the rest to pay the mortgage.

I am debt-free; I save it for when I need to replace my GPU.

Put it in the investment account. (I do want to retire some day.)

I could just show you better than I could explain it. I’ll dm you my Venmo.

probably give my 10 favorite people $5k. id do it anonymously too.

Build a sauna. On a boat.

Ok, I guess I don't really need 50k. Give it to someone else.

Two women at the same time.

Fun: new car, some kind of spicy electric thing.

Boring: Pay off mortgage. I died a little just typing that.

This thread is depressing.

50k on black

Slap in a bank account and feel a little more secure but still nowhere near being able to retire.

Pay off bills for the year. Donate the rest to food pantry. Fuck money.

Pay like 1/20th of my mortgage off 🫩

See if it's enough to get me a down payment on a house. Probably not though.

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...

Pay for new teeth, up my Patreon subscription for my favorite artist by factor 5 and then back some great projects made by human artists on Kickstarter.

Buying the best bed possible, paying off my whole debt, and going to sleep for a long time.

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.

Invest it all and forget about it for a few years.

Vanguard ESGV is a decent investment. It's like the S&P 500 but with less guns and war.