Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Let's spend $10K!
Old 08-16-2012, 06:13 PM   #1
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,877
Let's spend $10K!

In a recent post, Nords said (in part, taken out of context),

Quote:
Originally Posted by Nords View Post
Spouse and I run a thought experiment all the time: "Let's spend $10K!" and the answer is usually "What the heck for?"
I thought that was a really cool thought experiment, don't you? Anyway, if you had an extra $10K, on the condition that you had to spend it, what would you buy?

HERE ARE THE RULES: No cars, boats, planes, motorcycles, RV's, or travel.
__________________

__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities.

- - H. Melville, 1851
W2R is online now   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 08-16-2012, 06:16 PM   #2
Full time employment: Posting here.
 
Join Date: Mar 2011
Posts: 534
I'd buy some iBonds.
__________________

__________________
jon-nyc is offline   Reply With Quote
Old 08-16-2012, 06:20 PM   #3
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,102
Quote:
Originally Posted by W2R View Post
HERE ARE THE RULES: No cars, boats, planes, motorcycles, or travel.
No fair. Why spend money if you can't buy something you really want?
__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 08-16-2012, 06:22 PM   #4
Thinks s/he gets paid by the post
 
Join Date: Jul 2003
Location: Pasadena CA
Posts: 2,695
Home improvements, investments, spoil the grandchildren; but the fun stuff is cars & travel.
__________________
T.S. Eliot:
Old men ought to be explorers
yakers is offline   Reply With Quote
Old 08-16-2012, 06:24 PM   #5
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,877
Quote:
Originally Posted by REWahoo View Post
No fair. Why spend money if you can't buy something you really want?
Oh, and I forgot to mention RV's. I'll go and add that now.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities.

- - H. Melville, 1851
W2R is online now   Reply With Quote
Old 08-16-2012, 06:24 PM   #6
Recycles dryer sheets
 
Join Date: Jun 2010
Posts: 339
Landscaping.
__________________
LauAnn is offline   Reply With Quote
Old 08-16-2012, 06:32 PM   #7
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,877
Custom roll-down hurricane shutters, including two big roll-down ones to go over both sets of French doors looking out on the back yard.

I would have this done anyway, but it is one of those upgrades that probably wouldn't pay back on resale, so not a good investment. But hey, if the $10K is mine only on the condition that I spend it....
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities.

- - H. Melville, 1851
W2R is online now   Reply With Quote
Old 08-16-2012, 06:38 PM   #8
Thinks s/he gets paid by the post
Ally's Avatar
 
Join Date: Feb 2011
Posts: 1,189
Update our second bathroom, install sprinklers, and if there is anything left, paint our living room.
__________________
Ally is offline   Reply With Quote
Old 08-16-2012, 06:40 PM   #9
Moderator
rodi's Avatar
 
Join Date: Apr 2012
Location: San Diego
Posts: 8,809
Home improvements.
We're spending the money regardless - but if someone is giving me $10k, that's less of *my* money I have to spend.
Mama needs new upstairs windows.
__________________
rodi is offline   Reply With Quote
Old 08-16-2012, 06:41 PM   #10
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 19,405
Well, $10K would not buy much of a motor home. Perhaps a small travel trailer, or maybe an ultra-light.

But $9500 would buy this:



Gosh, if someone gave me that bottle, I would be afraid to drink it, let alone buying with my own money. I guess once a peasant, always a peasant.

Well, maybe another European trip. That way, my wife can also enjoy it as she does not drink.

PS. Doggone it! Just saw "No travel". Forget it, I will just give it to charity.
__________________
"Old age is the most unexpected of all things that can happen to a man" -- Leon Trotsky
NW-Bound is offline   Reply With Quote
Old 08-16-2012, 06:42 PM   #11
Thinks s/he gets paid by the post
 
Join Date: Mar 2009
Posts: 1,433
Given the rules I've got nothing. I'll just wait until the next major breakdown or required replacement purchase around the house.
__________________
Retired in 2016. Living off dividends / interest and a mini pension. Freedom.
foxfirev5 is offline   Reply With Quote
Old 08-16-2012, 06:43 PM   #12
Full time employment: Posting here.
 
Join Date: Jul 2011
Posts: 721
How much chocolate could I get for $10,000?? I bet there is a lifetime membership in a chocolate of the month club somewhere... that might just work!
__________________
panacea is offline   Reply With Quote
Old 08-16-2012, 06:44 PM   #13
Full time employment: Posting here.
 
Join Date: May 2008
Posts: 589
I guess I'd use it for a good chunk of the cost of a solar panel system for my currently non-existent house.
__________________
plex is offline   Reply With Quote
Old 08-16-2012, 06:46 PM   #14
Moderator Emeritus
Nords's Avatar
 
Join Date: Dec 2002
Location: Oahu
Posts: 26,617
Quote:
Originally Posted by W2R View Post
HERE ARE THE RULES: No cars, boats, planes, motorcycles, RV's, or travel.
Well, hell, there goes Bangkok.

I'm going to have to favor LauAnn's "landscaping" answer.

Here's some other candidates:
1. More boat-based SCUBA diving (instead of shore dives on the North Shore). But then we'd still have about $9K left.
2. A 3mm neoprene rash guard jacket with high neck, long sleeves, and a zipper. But that's probably less than $250.
3. A new treadmill/elliptical, although the incumbents are more than challenging enough.
4. A new photovoltaic array, because the old one is not very efficient. But I'd still have about $3K left over after buying it, and the old one still makes as much power as we use.
5. A new solar water heater... and they're only a few hundred bucks.

All five of those items would probably still fit within $10K.
__________________
*
*

The book written on E-R.org, "The Military Guide to Financial Independence and Retirement", on sale now! For more info see "About Me" in my profile.
I don't spend much time here anymore, so please send me a PM. Thanks.
Nords is offline   Reply With Quote
Old 08-16-2012, 06:46 PM   #15
Thinks s/he gets paid by the post
 
Join Date: Sep 2009
Location: Hong Kong
Posts: 1,574
One of my favourtite books. The listed price is negotiable but even then is still a little bit outside the $10K budget: F. Scott Fitzgerald - Tender is the Night| Bauman Rare Books

If I have to come in under $10K, then a camera upgrade would be nice - my EOS5D mark 1 still works fine but the backward compatibility issue on the software is a pain. The EOS 5D iii would be nice: Product Catalog - [ Canon Hongkong Company Limited ] It's "only" about $3K but I can't think of any other consumer item I really want.
__________________
Budgeting is a skill practised by people who are bad at politics.
traineeinvestor is offline   Reply With Quote
Old 08-16-2012, 06:51 PM   #16
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,877
Great ideas so far, everyone!

It's OK if it is a little over $10K, like traineeinvestor's book. After all, you might be able to haggle and get the price down to $10K.

It's OK if it is a lot of smaller things that would add up to $10K, like Nords' list.

Also, it's OK if you don't know how much it costs. Personally, I do not have the slightest clue how much it would cost for hurricane shutters but I am guessing $10K.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities.

- - H. Melville, 1851
W2R is online now   Reply With Quote
Old 08-16-2012, 06:54 PM   #17
Thinks s/he gets paid by the post
Katsmeow's Avatar
 
Join Date: Jul 2009
Posts: 3,396
1. New flooring for the family room, hall and office

or

2. Hot tub

These are actually things we plan to do within the next year or so (we bought a new house -- well new to us -- about 6 months ago)
__________________
Katsmeow is offline   Reply With Quote
Old 08-16-2012, 06:57 PM   #18
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Moemg's Avatar
 
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 10,032
I would break the rules and spend it on a trip with my SO, my daughter,SIL & two grandsons . The memories alone would be worth $10,000.
__________________
Moemg is offline   Reply With Quote
Old 08-16-2012, 07:01 PM   #19
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 19,405
Wow, I did not know that novel by Fitzgerald would fetch that much money. I have not read the book, nor seen the 1962 movie based on it, but know of the theme song in that movie. It was nominated for the Academy Award for Best Movie Song in 1962.

__________________
"Old age is the most unexpected of all things that can happen to a man" -- Leon Trotsky
NW-Bound is offline   Reply With Quote
Old 08-16-2012, 07:01 PM   #20
Thinks s/he gets paid by the post
 
Join Date: Oct 2008
Location: Naples
Posts: 2,161
Next month we will be married 40 years. My wife has a ton of jewelry but now is wanting diamond "inside out" earrings. I saw a beautiful pair for $4000. She would love them. The balance would go toward a new Caddy SRX. Black Cherry color with some awesome wheels.
__________________

__________________
JOHNNIE36 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


 

 
All times are GMT -6. The time now is 01:12 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.