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[This message has been edited by WhiteDevil88 (edited 08-19-2009).]

Real estate? I guess $50K wouldn't do a whole lot in today's market, huh? Maybe like you said... some kind of equipment rental...

[This message has been edited by SaLvAgEd (edited 09-05-2007).]

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[This message has been edited by WhiteDevil88 (edited 08-19-2009).]

Invest it into me. . .

Yeah... That's what I figured... Maybe some kind of online design service...? Or further your education, to find a job that won't make you be on your feet all day?

OR... You could move to the Philippines for about 5 years, and not have to do anything, except for swimming in the ocean and observing all the beauties!! I've been there a couple times... It's a very beautiful country really...

build a solar power plant, and create yourself some income for the rest of your life.

Get a franchise in something you enjoy. I hear they don't have any good BBQ places in CA. I know you like Mexican food, but there are surely more than enough of those restaurants where you are.

Take classes in something like web design, and buy a big honkin computer to start doing websites for people.

Shucks, now is your chance to hang out at the instersection with a sign and see how much you can rake in.

"Learn how to play guitar" - John Mellencamp

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[This message has been edited by WhiteDevil88 (edited 08-19-2009).]

You could buy a monkey. Haven't you always wanted a monkey?

You'd still buy Kraft Macaroni and Cheese, you'd just eat more of it.

quote Originally posted by aceman: You could buy a monkey. Haven't you always wanted a monkey? You'd still buy Kraft Macaroni and Cheese, you'd just eat more of it.

Damn you, now that song is stuck in my head!!!

Then, I have had a successfull day.

Last time I had that much disposable income, I bought a house.

If you already have a house or that's not an option, I'd recommend low risk investments. You should be able to get 5% or better in some long term CDs. While it's not much, given the uncertain status of the stock market, I wouldn't risk more than you can stand to lose on any stock investment.

I also doubt I'd buy real estate in California, unless you find a bargain at a foreclosure auction. That might be something to check on with the downturn in the real estate market.

I'd also make a list of the things you've wanted to do over the last few years, "if only" you had the extra scratch.

Do you have any bills right now? (any credit debt, etc...) ?

When I go crazy and kill 37 people because of that damn song, it will be YOUR fault aceman!

"If I had a million dollars, I'd buy you a green dress, but not a real green dress, that's cruel"

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[This message has been edited by WhiteDevil88 (edited 08-19-2009).]

Try to learn how to invest it sensibly I suppose. I have always wanted to open up a gym with my brother. Or I'd maybe buy a car and go back to school.

quote Originally posted by WhiteDevil88: My shrink suggested I become a professional poker player.

That is what I'd do with $50K!

[This message has been edited by mrfiero (edited 09-05-2007).]

quote Originally posted by WhiteDevil88: I should at least receive a sum equal to my medical bills, around $50,000. I also realize that not only have I been completely without income for the past year

If you have been without a job or income for the past year, and have $50K in medical bills, wouldn't you want to use the money to pay off said medical bills??

Invest it in a foreign bank that will still be around after the US is nearing the end of its recession...

[This message has been edited by IEatRice (edited 09-05-2007).]

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[This message has been edited by WhiteDevil88 (edited 08-19-2009).]

Oh, man. What I wouldn't have done several years ago. I've watched google stock go from $85 when it IPO'd in '04 to its current $527. Or even Apple, I sold earlier this year around $94 for money towards down payment on a house. Apple is sitting pretty at $137 today. I'd put a portion in high risk ($12K) and a portion in low risk ($12K), and a certain amount towards some type of passive income, whatever floats your boat. Self-serve car wash, coin laundry, vending, etc. Passive income is where its at. You start small and over time build it up, eventually it will make more than you did actively working and thats when you retire if you choose.

Here in Ohio, self car wash is anywhere from $750K to a rough $1mil. An SBA loan will generally require at least 10% towards to the loan. If you find owner willing to finance you can likely get around SBA altogether. In CA, I can only imagine what a similar property would run.

There is lots of info on the 'net regarding passive income, lots of it crap. This site is pretty good though: http://geniustypes.com/cate...ness/passive_income/

[This message has been edited by Rainman (edited 09-05-2007).]

Use a financial advisor for advice. Roth IRA grows tax free. No cost/low cost mutual fund investment.

quote Originally posted by Old Lar: Use a financial advisor for advice. Roth IRA grows tax free. No cost/low cost mutual fund investment.

Its been a short while since I messed with my Roths, and I have a short term memory, but Roth is limited to $4K annual deposit. I don't recall there being a way around it. Traditional IRAs are the same. That would leave $46K without a home.

[This message has been edited by Rainman (edited 09-05-2007).]

quote Originally posted by WhiteDevil88: I didn't say I have $50,000 in outstanding medical bills. All medical bills have been paid. The lawyer stated that they tend to calculate the "pain and suffering" based on the amount of medical expenses encurred. Nobody is getting stiffed.

I didn't say anyone is "being stiffed". Just trying to understand the situation better.

Got this today in my email, hope it helps...

Dear customer,

I am a consultant to co-operative union society in GHANA, BURKINA FASO,LIBERIA
AND SIERRA-LEONE in which they were into local miners of AU metal alluvial
GOLD dust with 22+carats and with 99.98 percent purity.

Please if you are interested in purchasing this GOLD,Kindly contact me back
and I will send you the F.C.O of this gold which is ready for shipment.
Please kindly include your full contacts address, when you are replying
your message.

Email me with: (kavin_joe1@yahoo.fr)

Best Regard
Kavin Joe

**** !!! I thought that was a PM to Stimpy.

[This message has been edited by ls3mach (edited 09-06-2007).]

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[This message has been edited by WhiteDevil88 (edited 08-19-2009).]

I like the coin star Idea.

With all them coins think of all the wells we could throw money into for some damn great wishes. I figure the more wishes the better chance of some of them coming true.


OMG I just thought of another great idea. What if we bought the fountains and or wells to throw the money into? Then we could get the money back!!!!!!

[This message has been edited by pokeyfiero (edited 09-05-2007).]

The coinstar input is exactly what I'm talking about. That would be a form of vending and passive income. Perfect passive income idea.

I'd give it back, and watch where I was walking next time.
With just the little info I have seen in the first post of the thread, I don't see where this is anyones fault but your own.
You asked.

Kevin

quote Originally posted by Lambo nut: I'd give it back, and watch where I was walking next time. With just the little info I have seen in the first post of the thread, I don't see where this is anyones fault but your own. You asked. Kevin

I assumed the pot-hole was to blame...?? I think it's the mall's responsibility to keep their property maintained... I could be wrong?

So everyone else that walked near that pot hole that day, fell in also. I bet not.

Edit to add, I guess to me, this would no different then walking into a STOP sign pole, or a trash can, or stepping off the edge of the curb, etc.
I've seen many potholes in parking lots, most anywhere you go. I have not stepped in one yet.

Kevin

[This message has been edited by Lambo nut (edited 09-05-2007).]

Pay for medical costs?
isn't that kinda the point of suing them in the first place?
Pretty sure the point of suing someone isn't for fun money, its for actual damages.

quote Originally posted by InaneCathode: Pay for medical costs? isn't that kinda the point of suing them in the first place? Pretty sure the point of suing someone isn't for fun money, its for actual damages.

it is paying for damages, he has permanent nerve damage which means he may not be able to do the work he once did, so they are paying for a way for him to still make a living the rest of his life.

quote Originally posted by Lambo nut: So everyone else that walked near that pot hole that day, fell in also. I bet not. Edit to add, I guess to me, this would no different then walking into a STOP sign pole, or a trash can, or stepping off the edge of the curb, etc. I've seen many potholes in parking lots, most anywhere you go. I have not stepped in one yet. Kevin

Well what if the stop sign pole is bent over in front of a trash can in route to a curbed crosswalk?
At that point is someone responsible to keep a public area reasonably safe.
I'm only asking because you have already shown that you are all knowing.

quote Originally posted by InaneCathode: Pay for medical costs? isn't that kinda the point of suing them in the first place? Pretty sure the point of suing someone isn't for fun money, its for actual damages.

I believe he said his medical bills have already been paid. Just because you keep up on those bills while waiting for the outcome of a potental lawsuit doesn't mean that you can't recoup that money. The alternative would have been to ignore those bills, have them go to collections, etc. and then possibly lose the case and be stuck. It sounds like he paid them off and is looking at recovering those costs and perhaps a bit more for the P&S (nothing wrong with that).

I would agree with you if there were unpaid bills lying aorund, but that doesn't appear to be the case.


BTW.....are you in our Fiero club? If not, check out http://www.milehighfieros.com

[This message has been edited by mrfiero (edited 09-05-2007).]

quote Originally posted by Lambo nut: I'd give it back, and watch where I was walking next time. With just the little info I have seen in the first post of the thread, I don't see where this is anyones fault but your own. You asked. Kevin

No, I don't recall asking your opinion on my injuries or my legal action. I've only asked for financial advice. You have the right to inject your opinion in to the discussion, but don't pretend that it was solicited.

Here is where I am looking to invest my money http://www.bizbuysell.com/ There's nothing better than being your own boss and growing your investment yourself.