Is $200,000 a lot of money?

[Anonymous]

My father will give me $200,000. Is that enough to do anything?

[Stoner710]

Yes and no, it’s a comfortable amount of money if you’re rich enough to spend $200,000 without batting an eye then it’s nothing if you made $200,000 a year it’s a good paycheck I’ll make you comfortable but doesn’t make you rich. It does give you better options for what you want in your life but $200,000 is enough to sustain anyone nowadays I listen to United States if I had $200,000 I went down to Jamaica they would elect me to King I’m exaggerating but I would be one of the richest people in Jamaica

[libsaretards]

In most U. S. markets you cannot buy a house for that much without it being in the ghetto. What you should do with it is pay off all your debts first, then buy a car that will last you a while, sure up your emergency savings and invest the rest.

[Dinklex3]

"Do anything"?
Look up whatever it is that you want to do.
Check prices and see if that's enough to cover it.
Regardless if it is or isn't, itd be nice to thank your father.

[JoyGirl]

GIRLLLLLLLLL
I could pay all my college fees and buy land with that. 😭😭😭

[MCheetah]

It's a large amount of money at once, but I wouldn't say it's a lot, no.
Use it to buy a house. Or invest with it. That's the smartest thing you can do with that kind of money.

[exitseven]

Yes, it is a considerable sum. It could give you a good down payment for a house, or help you start a business. Or you could have a sailboat or a small airplane. Or just spend it on high class hookers.

[jamesgoldman]

It depends on the context of use

On a watch is a fortune
On a car its a decent lump
On a house it probably a piece of garbage that need serious work

[Zenit93]

Why is he giving it to you if you don’t even know what to do with it? You need to invest that into a diversified portfolio if you haven’t a clue on what you’re doing,

[UniquelyBasic]

Seems your father doesn't love you if he's only giving you 200k

[Luggit]

No, not much money at all. It'll go quickly if you're a spender

[Drumlin2001]

It's a decent amount, not enough to retire on. I'd invest as a deposit on a property to rent.

[jasco]

Its something to start with, you can get a house depending on where you live

[lofii]

If you're asking is that enough to start off with.

You have no business with holding 200k

But whatever

[moviedude714]

It's enough to buy a house in certain parts of the US, be completely paid off and no mortgage

[boobliker]

it's a good start to getting some flats to rent out and have an income from it

[Birbman]

That's more money than I have ever seen in my life.

[Adam_DoesArt]

No kidding, I only make about 10% of that a year... I just recently turned 30, and I've probably only made that now, after working my whole adult life, and yet people in the comments are treating it like it's nothing O, o. What bloody jobs do these people have, to act so nonchalantly about $200k?

[Anonymous]

The best thing you could do is buy a home. You'll likely need to mortgage a good chunk of it so hopefully you have decent credit.

[OddBeMe]

No. But if you invest in my portfolio you’ll get there. Cash or charge?

[Anonymous]

Jesus. I wish I had rich parents. Must be fucking nice.

[TheMajesticKing777]

I can make a living with that

[FunkyMonkee]

Hell, yeah! It's almost a quarter of a million!

[ArtemisSilver]

Nah, better just give it to me instead.

[Shamalien]

Buy a place with a suite and rent it out

[Luckycharms12]

Yes it's a lot of money

[jimmy2]

It's good but no it bc will go fast

[whereismyjohnny]

Lol yes.

[whereismyjohnny]

It's more than enough. You can invest in something.

[Anonymous]

Yeah but it’s not enough to buy a house anymore

[Anonymous]

Would you give me only 500 ?

[driven159]

invest it

[JessieBellll]

Yeah