if you must spend $50k on one item...

[Laila619]

A vacation or a new car (both DH and I need one so it's a toss up as to who gets it).

 

[yennyfire]

If it HAD to be spent on fun things, I'd buy a new car for DH. He rarely wants anything and a brand new car has been on his list for a while. I would love to spend it on jewelry, but the next big purchase will be for DH!

 

[zoebartlett]

I'm so boring. My first thought was "ooo, pay down the mortgage!"

Me too! I also thought of paying off my student loans.

If practical things like that doesn't count though, I'd buy a new cars for my husband and me. We'll need them in a few years.

 

[HollyS]

50K would go against my home mortgage. It wouldn't buy a car, a piece of jewelry, or any other toy or bauble . . . well, I might pay off my current car and then pay down my mortgage.

 

[onedrop]

The practical answer would be to use the $50K to pay off my student loan. But I'd prefer to (and probably would) use it on an around the world vacation for me and DH.

 

[diamondringlover]

A big ole garage for my house!

 

[rosetta]

Round the world cruise, I'm dreaming about it already....sigh.....

 

[canuk-gal]

HI:

Summer on the French Riviera!

cheers--Sharon

 

[TravelingGal]

My kid. College fund that is. Wouldn't have to worry about this down the road, which would be a relief. And if she doesn't go, the money would be ours for fun later!!

 

[packrat]

Pay off the house and anything left towards other debt-hospital etc.

If something fun, I'd expand/redo the back garage and redo our house.

 

[Pandora II]

A tiara of course!

 

[Jennifer W]

I have pretty much all I need, so it would have to be something fun. That would be a diamond, then. Nice big emerald cut, I think.

Thanks. When should I expect the cheque to arrive, DF?

 

[Dancing Fire]

I have pretty much all I need, so it would have to be something fun. That would be a diamond, then. Nice big emerald cut, I think.

Thanks. When should I expect the cheque to arrive, DF?

would you like the cheque in GBP or USD?...

 

[rubybeth]

$50k could pay off my remaining student loans AND be the down payment on a house. There's a super cute house listed for $69k I just showed my DH this evening, and part of the $50k would make a very nice down payment on that.

 

[Missy]

New bulkhead!

 

[Bella_mezzo]

if it could just be for fun: A RTW trip/vacation



if it had to be bling: an amazing custom bracelet (I'd buy the stones and pay upfront for the design to spend the money in the 24 hour period



If it could be practical: STUDENT LOANS!

 

[Enerchi]

I' d put it on the mortgage. Then once the mortgage is paid off there will be more money to invest in RSP's

 

[Dreamer_D]

Do I have to buy something new? I would rather pay off my car and then put the rest in savings, how boring eh?

 

[diamondseeker2006]

Hmmm, considering it takes many of us months to decide on a stone or setting, it might be challenging to buy one jewelry item within 24 hours!

I read the question as having to buy an item rather than paying down a mortgage or putting it in savings, and I would use some for that if it fit the rules! I really hate it that you want ONE item, DF! Because I would split it between a car ($35,000) and jewelry ($15,000) if I could. I'd really hate to spend $50k on something that would depreciate, yet I really don't care about having a ring worth $50k, either. But I'd have to go with a car with that kind of money...probably a Porsche 911 that is a couple of years old for my hubby. He is looking for one now, but with a lower budget. Then I could use the money he had allotted for his car to buy a new car for me!

 

[Lotus99]

I'd finally get the pool and patio put in. I could have a really nice pool for that.

 

[FancyDiamond]

Restriction is to SPEND (as opposed to investing or paying down debts) and IN 24 HOURS (meaning mindlessly).

I have everything I need and want (including all the vacations possible before my husband retires). The only thing I can think of to spend (or rather waste) within the next 24 hours is a big diamond. Since $50K is not enough, so I'll use it as a downpayment until I save up the remaining funds.

 

[SB621]

Buy stock...the gift that keeps on giving!

 

[distracts]

New car.

As much as I'd love to say jewelry, my car is 13 years old. It's still in good condition, but it would be nice to have a new one! In real life, where $50,000 extra money doesn't magically appear, I'll probably be getting a lightly-used Prius. In magic-money land, I don't know what I'd buy.

If for some reason I couldn't get a new car and couldn't invest it, a diamond riviera necklace. Preferably with pears (pointy side facing out/down), though rounds in three-prong settings are okay too. Set in platinum, because I want to FEEL that I have it on. And I'd wear that sucker everyday.

If I couldn't find a riviera necklace, I liked, then there are a TON of rings I'm interested in and I'm sure I could find one for the right price.

 

[manderz]

I would spend it on my mortgage. That would pay it off, if I'm not mistaken, and leave just a tiny bit of fun money. Maybe enough for a small vacation, or a bit towards student loans.