If u had $20k saved would u:

[friesbruh]

title

[suave2000]

I would donate it to a Peruvian llama farmer

[rectifryer]

if you don't have 20k saved you are FUKKED if ANYTHING happens.

[lightsarefallin]

I just invest my leftover money. That's what I'd do. Let it build for decades. I'm not a big spender so I get to invest quite a bit.

[GuineaDago585]

Quit my job and live off it while pursing side hustles.

[lightsarefallin]

Quit my job and live off it while pursing side hustles.

You think you'd be able to scrape by perpetually off 20k?

Are you Ted Kaczynski-maxxing in the woods alone lol

[tripod29]

I would wonder wtf happened to all my other money?!?!

[GuineaDago585]

You think you'd be able to scrape by perpetually off 20k?

Are you Ted Kaczynski-maxxing in the woods alone lol

I could do it for about 6 months or a little longer if I buckled down. My thinking is not to just rot, but to use the $20k to buy free time. With that time, I would figure out a game plan to start a permanent side hustle. In a perfect scenario, the side hustle becomes profitable before the $20k runs out, breaking me free from wage slavery.

[Godfrd824]

I just invest my leftover money. That's what I'd do. Let it build for decades. I'm not a big spender so I get to invest quite a bit.

This basically.

[lightsarefallin]

I could do it for about 6 months or a little longer if I buckled down. My thinking is not to just rot, but to use the $20k to buy free time. With that time, I would figure out a game plan to start a permanent side hustle. In a perfect scenario, the side hustle becomes profitable before the $20k runs out, breaking me free from wage slavery.

Well, if you're able to eventually buy yourself time for contemplation, that sounds like it would be helpful. I recall reading your threads about your work dissatisfaction. Tough spot to be in.

[Uhyeahokay]

Redo my backyard in lunar pebbles and stepping stones

[lightsarefallin]

Redo my backyard in lunar pebbles and stepping stones

Ever thought of attempting something similar yourself? I did lots of landscaping around my property and it went better than expected. It's the gift that keeps on giving as you see it daily and it's constantly rewarding.

[Redfish225]

I would wonder wtf happened to all my other money?!?!

This^^^

200k crash stash, invested 150k and have 50k on hand for an emergency.

[wasp9166]

I would invest half in low risk mutual funds......and.....

The question is bs cuz there'd be no janitors.....

[GerbilFarmer]

if you don't have 20k saved you are FUKKED if ANYTHING happens.

This.


Out of the options I’d put it in the money market. You can still make 6 withdrawals a month if you had to access it for an emergency.

[Condo41]

I have $80K liquid.

$20K of it Is in cold hard stealable in-home cash
$20K is in silver, also stealable
20k in gamestop
20k in a 4.5% savings account

[Kiop]

This^^^

200k crash stash, invested 150k and have 50k on hand for an emergency.

[img]https://i.imgur.com/DSLg]

[ProudKraut]

Buy Tesla stock

[WEARETHEFEDS]

Literally put all of it in Nvidia stock. It is hilarious.

[lightsarefallin]

This^^^

200k crash stash, invested 150k and have 50k on hand for an emergency.

You ever roll around in it buck ass naked?

[Fang2]

This^^^

200k crash stash, invested 150k and have 50k on hand for an emergency.

I didn't know being a truck driver paid that much. Thinking about making a career change.

[WEARETHEFEDS]

This^^^

200k crash stash, invested 150k and have 50k on hand for an emergency.

[Redfish225]

Hell naw

You ever roll around in it buck ass naked?

No, lol.

I didn't know being a truck driver paid that much. Thinking about making a career change.

4 days a week local dumping fuel. 200k is about 16 months pay.

[lightsarefallin]

I didn't know being a truck driver paid that much. Thinking about making a career change.

Wonder what kind of cargo he really carries

Hell naw




No, lol.




4 days a week local dumping fuel. 200k is about 16 months pay.

What kind of tunes are you cranking in the truck?

[6gorillion]

This^^^

200k crash stash, invested 150k and have 50k on hand for an emergency.

wtf is the point of 200K in literal cash?

[WEARETHEFEDS]

Hell naw




No, lol.




4 days a week local dumping fuel. 200k is about 16 months pay.

bruh put that chit in stonks dawg

[Redfish225]

Wonder what kind of cargo he really carries



What kind of tunes are you cranking in the truck?

Mostly diesel, get occasional drops of gasoline.

Four alpine 6X9’s and alpine deck, 4 channel skar amp.

wtf is the point of 200K in literal cash?

It’s 50k breh, I invested 150

[WEARETHEFEDS]

Mostly diesel, get occasional drops of gasoline.

Four alpine 6X9’s and alpine deck, 4 channel skar amp.




It’s 50k breh, I invested 150

You're still missing out on a ton. You'll never need 50k cash lol. I think I have like under 200 dollars cash rn. Lmao.

[kusok]

Easy,

I would turn 20k into 60k very quickly:

I would sell a Tesla cash secure put at about $16,000, weekly, you gonna get about 400 bucks in cash on the spot, if the stock keeps dropping I would continue rolling making a couple hundred dollars every single week until I see some kind of a bottom, Around $155 I would switch to the covered call strategy but very conservatively, I will accept some miserable $50 a week so that I can stay in the investment, by December of this year it should be a $450 stock, Which means that I would easily double or even triple the 20 grand.

The other $4000 I would probably throw into microstrategy on the dips like today, when it’s down, it is basically leveraged bitcoin ETF, you’re going to double triple and quadruple your money in the next several months or even weeks.

I will never understand, it will remain forever the biggest mystery in this world for me, why more people do not sell options, it literally is free money, bull market, bear market, crash, nothing matters, you’re selling, you’re making free money. All you have to do is follow some simple rules, yes, you need to know what you’re doing and you need to learn, but it’s infinitely easier than many jobs that we are taught to do.

[radrd]

Having enough on hand to cover 6 months of expenses is a good emergency fund, so I'd put it in high yield savings and then up your 401k contributions to reduce your taxable income and avoid accumulating additional unneeded cash. If you happen to have a HSA, max your contributions to that and then your 401k.