So I cashed in an old 401k from a job I had for like 9 months,so now I got 900 free and clear what shall I spend it on?
Just for shits and giggles I thought about an Ipad2,Then I thought about building an HTPC that I don't really need.
Then I thought about some nice new live rock for my reef tank and a new skimmer.
Comments
WHAT'S GOING TO HAPPEN TO YOU WHEN YOU RETIRE?!!?!1!!
invest that shit. buy some real estate
2. shit ton of ammo
3. all supplies for molotov's
4.???
5. profit
Period.
1. Buy Silver as a hedge against inflation (you can afford 24oz)
2. Buy a 1/4-1/2lb of weed (easily double your money in a few weeks)
3. CraigsList Flipping (buy stuff cheap, and resale at a profit)
4. Stocks (very volatile right now) but invest in mining/agriculture/manufacturing
5. Foreign Currencies (swiss franc, brazilian reais, chinese RMB, any of the BRICS countries
Hope this helps
With the remaining $ 400, buy a cheap netbook (fuck the ipad) and some booze.
result: happy
5char
To be fair, in the UK (and maybe the USA?) it is sometimes harder to transfer money from one pension fund to another than it is to get a check for the amount and do with it what you will.
I have had three company pensions now and have cashed the lot of them when I quit working for the companies. I would have to be thick to think their will be anything more than working until I die for people of my generation. Might as well spend what I can now on things that are going to pay back themselves.
Buy a woodburner and put it in your house and save money on fuel.