$200K: Spend it or lose it?

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McLaren

McLaren

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Before I explain, I wonder how many of you thought this was a serious issue. :dopey:

Today, my friends and I were bored and came up with this little game.

You have $200,000, and learn the Government is going to take it away and leave you with $0 to your name. Before the Gov. comes, you quickly try to spend as much of it as you can as you know you'll loose it either way.

How will you spend your $200,000 before the Man comes and tries to take it?:)
 
Yup. A small house and a good car. Not anything too fancy, but I like the Lancer Evo. And a new computer.
I wouldn't blow it all on a full-blown sportscar or anything like that.
 
Hmm.... A 454 Crate motor, a 6-71 Blower, and 6 Stromberg 97s,

A lot of Beef Jerky, and a Gas Card.
 
1/2 to invest on a foreign exchange... maybe even start my own hedge fund?

$50,000 towards college for me and sister...

the remainder to be spent on family and friends (but I buy my SHO first...).
 
boombexus
I'm drivin to Las Vegas! 200K on red!
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Yes! :lol:👍

Down payment on a house, cool car and a cool truck. Maybe that new FJ Land Cruiser.
 
Take 30 grand and buy a GTi, put the other 170K into mutal funds for when I retire.
 
Ram-Rod
I'd buy me Gallardo. Then buy a M3. What's left I'll use on parts.
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I think we need some clarification as to what currency this is. There's no way $200,000 US would buy both those cars. The Gallardo's MSRP is US$175,000. And an M3 is more expensive than US$25,000. Plus we'll have to figure in taxes!
 
Hmmm....
A decent car (Say... 10-15k)
A giant gas resevoir ($15k?)
$145,000 in gas, $25,000 diesel fuel, hence ensuring a lifetime of motoring fun for me, myself, and I.
 
It would have to be a nice car for me. Then spend the rest on as many goodies as possible, fast PC, nice TV, all the gadgets a man could ever want :D
 
I'm assuming you can't put the 200k into a bank acocunt or building society, because then the cash is still cash and will be taken away from you, so I'd buy a house, then turn it into flats and rent it out. I wouldn't buy a fast car because even after the initial purchese you still have to pay large sum's of money to keep it and run it etc, I'd love an Aston Martin, but I coul;dn't afford to own one, after buying one, the insurace would be stupidly high talking a good few grand a year on it's own, and then should it ever get broken into or bumped into, the cost of repairs would kill me. I'd buy property and rent it out.
 
Pay off mortgage and both BMW and Acura = $75k

Order summer tire/wheel packages and supercharger packages for both new cars = $15k

Deliver Pontiac to local restoration shop with note to "make it brand new again" in the glove compartment = $25k

Nice large screen LCD & surround system = $10k

New living room furniture = $10k for good stuff

New round of Intel Macs for everybody in the house = $15k

That leaves me about $50k that I can't dispose of in one afternoon. If I have a little time, then I'd replace the windows and siding on the house and get it painted inside and out.
 
live4speed
I'm assuming you can't put the 200k into a bank acocunt or building society, because then the cash is still cash and will be taken away from you, so I'd buy a house, then turn it into flats and rent it out. I wouldn't buy a fast car because even after the initial purchese you still have to pay large sum's of money to keep it and run it etc, I'd love an Aston Martin, but I coul;dn't afford to own one, after buying one, the insurace would be stupidly high talking a good few grand a year on it's own, and then should it ever get broken into or bumped into, the cost of repairs would kill me. I'd buy property and rent it out.
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That's a good point. You won't be able to afford the car in the long run. It'll have to be gadgets, booking an expensive holiday, stuff like that instead. But that won't all be 200k... I would store it away otherwise, but I guess you can't do that here.

Hang on, what if I bought a car, then sold it again a month or two later? I'd get most of my money back and the Man wouldn't come and collect the money, right?
 

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