even didn't want, and you could get about a million dollars for it, what would you do with the money?
(silly answers definitely accepted but let's assume you're too old for hookers and blow)
The first thought that came to my mind was buy an apartment in Paris and really learn to cook. But my wife would veto that idea in minute.
Payoff a mortgage? Bad idea if you're like most people and were able to get one or re-finance when interest rates were super low right AND you could invest it in something that returned more than your rate.
But what would you invest it in right now? Gold is at an all time high. Real estate is pretty much at an all time high. The stock market is close to an all time high.
There's still inflation so cash loses value. I mean you could get a CD for 5% and maybe come out a percent or two ahead on that deal but... BORING.
The guy at the link talks about indirectly investing in real estate, crowd funding or whatever and says one can make 17% I don't know much about that and it seems like he wrote that a few years ago. I don't think you can get that now. Is that a safe investment?
Rentals? Maybe, but again, real estate right now is at an all time high.
The two best days of a boat owners life are the day he/she buys the boat and the day he/she sells it.
Jewelry is lame.
The smart answer is of course invest it. But in what? It doesn't seem to me there are any clearly great investments right now.
So maybe the smart answer would be to invest it in having a good time.
Ok, hookers and blow it is.