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| 08:10 AM | ||
| Users Online Now: 1,457 (Who's On?) | Visitors Today: 261,433 | |
| Pageviews Today: 465,560 | Threads Today: 162 | Posts Today: 3,219 |
| 08:10 AM | ||
If you had a large sum of money in the bank what would you do with it? | |
| Anonymous Coward User ID: 78893122  United States05/16/2021 10:13 AM Report Abusive Post Report Copyright Violation | banks are not to be trusted. |
Beanie Baby  User ID: 11027333 United States05/16/2021 10:13 AM Report Abusive Post Report Copyright Violation | Gold. 80%. Take physical delivery (they may have to send it in small amounts over time for security, a friend just went through this). Build a nice pirate chest, fill it with the gold, and then put it into a super safe. The other 20% I would spread over various crypto. BTC, DOGE (I know but damn Elon pumping it), ADA, ETH. |
| Texas Best Republic User ID: 4524052 United States05/16/2021 10:13 AM  Report Abusive Post Report Copyright Violation | Id payoff the house my children live in. Thats all i want. I could live in a tent, but as long as my little girl can keep her room and have her yard, man... thats priceless. Quoting: Anonymous Coward 79721873  ………… For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places.….. |
| Anonymous Coward User ID: 80372826 United States05/16/2021 10:13 AM Report Abusive Post Report Copyright Violation | I've been asking myself that. Quoting: Anonymous Coward 78964144 I have investments that are doing fine but I have 240k sitting in a savings account and 10k in my front left cargo pocket in my shorts. House paid off, 2 cars paid off, no debt. Yes I am a procrastinator. Buy yourself a rental home or buy a decent piece of land. |
| T-Man Entitled title User ID: 78270630  Netherlands05/16/2021 10:14 AM  Report Abusive Post Report Copyright Violation | |
| BRIEF User ID: 79662918 United States05/16/2021 10:14 AM  Report Abusive Post Report Copyright Violation | You should have a large sum of money in the bank, for emergencies...and an investment portfolio...Unless you want to be a poor person... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.  |
| Anonymous Coward User ID: 80369110 United States05/16/2021 10:14 AM Report Abusive Post Report Copyright Violation | |
| beenthruthat User ID: 78503183  Canada05/16/2021 10:14 AM  Report Abusive Post Report Copyright Violation | I would use the money and ( go where no man has gone before )... have all the supplies Air Dropped ( to last the duration of My life ) ... and spend the rest of My life with God in Nature ... but You say You are in the perfect spot O.P. ... then I would make sure I had some People ( Close by ) who had My back ... even If I had to gift them land ... good neighbor policy ... You might say ... People don't care how much You know ... till they know how much You care ... |
| Anonymous Coward User ID: 78310900 United States05/16/2021 10:15 AM Report Abusive Post Report Copyright Violation | Get some good cross country bikes. And a manual tire pump. When the gas runs out, you’re gonna need transportation. Quoting: Anonymous Coward 79248910 And if you live in the middle of no where, where do you plan on going? You could ride your bike 10 miles to town to scope out the completely empty grocery store. :) |
| BRIEF User ID: 79662918 United States05/16/2021 10:16 AM Report Abusive Post Report Copyright Violation | You should have at least 18 months worth of living expenses saved...I have said to do this long before the pandemic, but in preparation for such an event... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
| Anonymous Coward User ID: 78893122 United States05/16/2021 10:16 AM Report Abusive Post Report Copyright Violation | " oh but thats illigal " wrong, the government can as the land is theirs even if you think or if they make you believe its yours, its not. |
| Fluffy Pancakes User ID: 32630346 United States05/16/2021 10:16 AM  Report Abusive Post Report Copyright Violation | Personally, if I had a chunk of change, I'd get all preps topped off, buy a small sawmill, make certain that water collection and purification was in order, put in tons of raised beds and hoop houses, buy guns, ammo, silver and a gas powered golf cart for transportation. Maybe an electric one too. Solar to charge that, and he'll filled tires on both. There.. that was fun. Things are bad enough, there is no need to make anything up. ~Fluffy "Never interrupt an enemy in the process of destroying himself." Quercitin and zinc...Get it. Take it. Visit howbad.info...If you took the shot, for sure. |
| Anonymous Coward User ID: 80372826 United States05/16/2021 10:17 AM Report Abusive Post Report Copyright Violation | Gold. 80%. Take physical delivery (they may have to send it in small amounts over time for security, a friend just went through this). Quoting: Beanie Baby Build a nice pirate chest, fill it with the gold, and then put it into a super safe. The other 20% I would spread over various crypto. BTC, DOGE (I know but damn Elon pumping it), ADA, ETH. You know how I know you don't have any real wealth. Not trying to put you down, but these are the two worst ideas. Precious metals are extremely manipulated are not a vehicle of growth. Crypto is far too risky unless you like gambling and have the money to lose. |
| Anonymous Coward User ID: 79623367  United Kingdom05/16/2021 10:18 AM Report Abusive Post Report Copyright Violation | Sod off to Siberia or some other far flung Russian outback and live a simple life of growing my own food and rearing animals etc, and try and be self sufficient, sod the outside world. Money is not everything, but it could help to get you on the road to true happiness and contentment(and that is not worldly goods or possessions). [link to www.youtube.com (secure)] |
| Happy in Nature the earth laughs in flowers User ID: 80173026 05/16/2021 10:18 AM  Report Abusive Post Report Copyright Violation | Perhaps all three. Some silver, gold, and old coins. Dabble in a few cryptos (though I personally think Bitcoin is grossly overvalued) and if there is something fun that you want to do or have,don't feel bad about spending some on yourself. I think the mountain bikes are a good idea if you don't already have them. |
| lightchild_uk User ID: 79876398 United Kingdom05/16/2021 10:18 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 72577314 United States05/16/2021 10:19 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 78893122 United States05/16/2021 10:20 AM Report Abusive Post Report Copyright Violation | |
| Stella Wayten (OP) User ID: 75397281 United States05/16/2021 10:21 AM Report Abusive Post Report Copyright Violation | What is a large sum of money to you? Put some perspective to your question and you might be able to get some kind of real answer. Quoting: Anonymous Coward 80372826 I said an amount to be able to pay cash for a car. Only you can do the research and only you know your risk tolerance. CD- low low interest bearing. Doesn’t match inflation. Doesn Match damage to value of the dollar. Mutual funds- some guarantee the level of interest (fixed interest funds).. Some don’t. The ones that don’t, past performance isn’t indicative of future results. But there is something out there that will probably fit what you are looking for. So those that don’t guarantee, they are so much more risky, but if you are okay keeping the money away for a long time, you might see returns that are massive. Day trading - you can do this with stocks or forex or crypto or anything, with or without leverage. But, you have to realise it’s money you may lose. You’d need to educate yourself before delving. Most people lose money. You have kids. Not likely a great option. This is the most risky option of everything I mention. I've gone thru all of those options in my head. Just trying to see if y'all have thought of something I haven't. |
| ElleMira User ID: 76494359 United States05/16/2021 10:21 AM  Report Abusive Post Report Copyright Violation | Just curious what you would spend a large some of money on right now. With the way things are going I assume the value of a dollar will be falling pretty soon. So if you had a large sum sitting in an account somewhere, what would you do with it? I'm not talking about enough to buy a decent amount of land. Just enough to buy a new car with cash. Quoting: Stella Wayten Put it in gold and/or silver? Buy something to have fun in these last years of semi normalcy? Put it all in crypto and cross your fingers that it doesn't bottom out? What? Real estate, farmland, horses , cows, livestock, old school stuff. ^this Invest in necessities for every day survival. Pay off mortgage, invest in sustainable food practices to include necessities for maintaining a sustainable lifestyle. Look at 19th century practices, Amish, Shakers, early pioneers, colonial living, etc. Last Edited by ElleMira on 05/16/2021 10:22 AM |
| Beanie Baby User ID: 11027333 United States05/16/2021 10:21 AM Report Abusive Post Report Copyright Violation | Gold. 80%. Take physical delivery (they may have to send it in small amounts over time for security, a friend just went through this). Quoting: Beanie Baby Build a nice pirate chest, fill it with the gold, and then put it into a super safe. The other 20% I would spread over various crypto. BTC, DOGE (I know but damn Elon pumping it), ADA, ETH. You know how I know you don't have any real wealth. Not trying to put you down, but these are the two worst ideas. Precious metals are extremely manipulated are not a vehicle of growth. Crypto is far too risky unless you like gambling and have the money to lose. I personally am not a fan of metals myself. I am a crypto guy. But the OP stated they don't want to invest in crypto, so, gold is probably where they should be. I pulled everything out of BTC minutes after Elon tweeted his garbage and got out at 54k. I will be buying back in soon. Also waiting for Elon to drop his own coin, which is pretty inevitable now. |
| Anonymous Coward User ID: 80312081 United States05/16/2021 10:22 AM Report Abusive Post Report Copyright Violation | |
| Agent 99 User ID: 77082640 United States05/16/2021 10:22 AM  Report Abusive Post Report Copyright Violation | Barter items Tools, blankets, paper, long term food items, a hand mill, comfort items, books, feed, firestarter, saws, car replacement items, hardcopy entertainment items. Things that people wanted in WWII when they are stuck home without jobs and starving. |
| Anonymous Coward User ID: 80372645  Ukraine05/16/2021 10:22 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 76127668 United States05/16/2021 10:23 AM Report Abusive Post Report Copyright Violation | |
| Agent 99 User ID: 77082640 United States05/16/2021 10:23 AM Report Abusive Post Report Copyright Violation | Just curious what you would spend a large some of money on right now. With the way things are going I assume the value of a dollar will be falling pretty soon. So if you had a large sum sitting in an account somewhere, what would you do with it? I'm not talking about enough to buy a decent amount of land. Just enough to buy a new car with cash. Quoting: Stella Wayten Put it in gold and/or silver? Buy something to have fun in these last years of semi normalcy? Put it all in crypto and cross your fingers that it doesn't bottom out? What? Real estate, farmland, horses , cows, livestock, old school stuff. ^this Invest in necessities for every day survival. Pay off mortgage, invest in sustainable food practices to include necessities for maintaining a sustainable lifestyle. Look at 19th century practices, Amish, Shakers, early pioneers, colonial living, etc. This. |
| BRIEF User ID: 79662918 United States05/16/2021 10:23 AM Report Abusive Post Report Copyright Violation | My theory that I call "The do something disease" comes into play here...Usually, the best course of action in situations such as these, the best thing to do is nothing...even when your gut is screaming that you need and must act and DO something...Don't. The law of unintended consequences sets you up for failure...By doing nothing, you avoid many mistakes and having money in the bank in never ever a bad thing... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
| Anonymous Coward User ID: 80351412 United States05/16/2021 10:24 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 79310374  Romania05/16/2021 10:24 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 80372910 United States05/16/2021 10:24 AM Report Abusive Post Report Copyright Violation | |
