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How Would You Spend A $20k Lottery Win?

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glenzy1's Avatar
Canada
1554 Posts
 Posted 07/24/2011  3:19 pm Show Profile   Bookmark this topic Add glenzy1 to your friends list Get a Link to this Message Number of Subscribers
Poll Question
You've checked your lottery ticket and you've won a small sum of money. Exactly $20,000 U.S. (tax free), listed below are ways to spend it. Pick one that suits you the Best! (don't worry it's anonymous, so we won't tell your other half) Only catch is, the "whole amount" has to go towards only one choice listed below.

Glenn

Poll Choices
 >pay off credit card bills
 >take a vacation
 >help children with University
 >buy key date coins
 >pay medical expenses
 >throw a big party
 >down payment on a house
 >down payment/purchase a car
 >purchase new appliances
 >purchase new furniture
 >renovate your home
 >help in-laws with bills
 >donate to charity
 >buy gold bullion
 >invest in stock market

Edited by glenzy1
07/24/2011 3:21 pm
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murrellington's Avatar
United States
3276 Posts
 Posted 07/24/2011  3:57 pm  Show Profile   Bookmark this reply Add murrellington to your friends list Get a Link to this Reply
i wanted to click buy key date coins so bad but my wife would kill me. we are renting right now so a downpayment on a house is the more ideal choice. lol.
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SilverCoinBoi's Avatar
United States
458 Posts
 Posted 07/24/2011  4:01 pm  Show Profile   Bookmark this reply Add SilverCoinBoi to your friends list Get a Link to this Reply
Im too young to have credit issues, and currently in college. So a house would be ideal since me and my girl alrdy have cars :P

Gettin in that house would be AMAZING lol.
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JackB's Avatar
United States
1064 Posts
 Posted 07/24/2011  4:25 pm  Show Profile   Bookmark this reply Add JackB to your friends list Get a Link to this Reply
Good poll! As much as I love coins, my kitchen looks like the 1950's exhibit in Disney!
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afclassic87's Avatar
United States
564 Posts
 Posted 07/24/2011  4:35 pm  Show Profile   Bookmark this reply Add afclassic87 to your friends list Get a Link to this Reply
I would buy a dividend stock like NLY and use the 14% yearly dividends to buy coins. You still have the 20k making money and have the dividends to get the coins you want.
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Bowfin's Avatar
United States
296 Posts
 Posted 07/24/2011  4:46 pm  Show Profile   Bookmark this reply Add Bowfin to your friends list Get a Link to this Reply
You don't have my choice.

Spend half on a basket of foreign currencies. Primarily the Canadian Dollar, the Aussie Dollar, and the Swiss Franc. The other half on gold and silver.

I don't have credit cards and I rent. So I can sit back and watch the U.S dollar collapse along with the whole Ponzi scheme economy and be minimally effected.
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upstate's Avatar
United States
3283 Posts
 Posted 07/24/2011  5:33 pm  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
Right now most of my extra? income is going to pay for 2 kids in college.
So I'm the guy who picked that one
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stevex6's Avatar
3352 Posts
 Posted 07/24/2011  5:35 pm  Show Profile   Bookmark this reply Add stevex6 to your friends list Get a Link to this Reply
My wife just told me that I'd love to help my in-laws payoff their bills ...

=> phew, she's gone => 50% key date coins + 50% big party (yeeehaaaa!!)

"Ummmm, what's that Honey? ... nothing ... I'm helping your parents with their debts"
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fcrazo's Avatar
United States
651 Posts
 Posted 07/24/2011  6:23 pm  Show Profile   Bookmark this reply Add fcrazo to your friends list Get a Link to this Reply
Household expenses, that's my priority. With the heat and drought here in Texas, utilites are high. Plus, I would buy a couple more lotto tickets, just a few dollars.
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United States
3184 Posts
 Posted 07/24/2011  6:53 pm  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
gotta allow more than one choice!

Personally, I would do a combo of vacation, gold and silver bullion, 90% silver, and numismatic gold.
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Fuzzy317's Avatar
United States
14463 Posts
 Posted 07/24/2011  7:18 pm  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
I want to choose several options. I would spend 1/3 on coins, 1/3 on gold bullion, 1/3 to charity.
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Namachieli's Avatar
United States
2120 Posts
 Posted 07/24/2011  7:24 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply

Quote:
Im too young to have credit issues, and currently in college


Oh my, life would like to have a word with you. j/k
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vermontensium's Avatar
United States
16679 Posts
 Posted 07/24/2011  7:24 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Purchase my new green car!

A Dodge Ram 4X4 Cummins Turbo Diesel. Still saving for it :-)
swcoin.ecrater.com
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wrestling_135's Avatar
United States
802 Posts
 Posted 07/24/2011  8:44 pm  Show Profile   Bookmark this reply Add wrestling_135 to your friends list Get a Link to this Reply
Savings/investments wasn't an option. I wouldn't put all of it into investments, but maybe 5 grand for stock market, save the other 15. If I could build it up I do need a new car. I need a house too :S
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throwbackid's Avatar
1283 Posts
 Posted 07/24/2011  8:51 pm  Show Profile   Bookmark this reply Add throwbackid to your friends list Get a Link to this Reply
After a monster roll on my part the guy next to me turned $500 into this a few years back. I voted pay cc off but I think I would take the wife to Fiji.

How-Would-You-Spend-A-$20k-Lottery-Win?
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ram96's Avatar
United States
417 Posts
 Posted 07/24/2011  9:24 pm  Show Profile   Bookmark this reply Add ram96 to your friends list Get a Link to this Reply
Going for the gold
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