My uncle and I were having a conversation this weekend about finances. The ol what would you do with $X amount of money thing. A scenario discussed got me thinking really hard about what I would do given the situation we were discussing.
Say you had a few hundred thousand dropped in your lap. 200-300k. Would you use that to purchase or provide a big down payment on your dream property? A property that has certain characteristics that set it apart from most others. Or would you put that money towards starting a business? Say a business you felt pretty confident in.
Purely hypothetical for me, but the situation is real as I really want to start a business, but know of a property owner that would be a willing seller in what I consider to be the best possible area.
Say you had a few hundred thousand dropped in your lap. 200-300k. Would you use that to purchase or provide a big down payment on your dream property? A property that has certain characteristics that set it apart from most others. Or would you put that money towards starting a business? Say a business you felt pretty confident in.
Purely hypothetical for me, but the situation is real as I really want to start a business, but know of a property owner that would be a willing seller in what I consider to be the best possible area.
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