Invested in company via $50K convertible note, now filing chapter 11 sub V and offering equity, what should I do? Hi, Urgent question because the deadline is Thursday. In June, I invested $50K in a company with a convertible note that was to mature in June, but just found out the company is filing chapter 11 sub V. The company has $500k in assets, which would only pay back 1-5% of the debt, so they are offering all notes to convert to equity early as they r…

50k in credit card debt, mortgage is 2800 a month, currently unemployed, next best steps to avoid foreclosure ? I reached out to my lender to explain my situation, I’m currently seeking a remote job to assist with paying my bills, what industry will hire me quick that pays well? Can’t get roommate because I have kids. submitted by /u/SunGodezs

I have $50K in a checking account and just closed on a home. What should I do with the money? I have about $420k left to pay on new home, doing a 30 yr mortgage. Should I dump 40k on the mortgage or use that money and do a high yield savings? I already have about $100k in stocks+Roth IRA on TD Ameritrade and $50k on 401k. submitted by /u/winterymint

I have over 50k real followers on ig and don’t know how to monetize my platform Can anyone help mentor me ? I run a page with hip hop, fashion, pop culture oriented photos videos and want start growing but I’m not sure abt the next step submitted by /u/gold56k

Whats the smartest way to use $50k? I’m 22 years old, already have a good emergency fund built up, but I’ve fallen into a windfall of cash. My goal is to build a strong retirement fund and hopefully retire early. If I’m correct, my options are… 1: Roth IRA/401k 2: S&P 500 (or other index fund) 3: High yield savings account 4: T Bills I’m skeptical of HYSA, as it struggles to kee…

What T-Bill ladder strategy should I use for $50k? Have $50k to purchase T-Bills. What’s the best ladder strategy? This is with extra after-tax money and already have my emergency fund in a HYSA earning 5%. Want to invest in T-Bills for the tax benefits. Will not need the money for at least 1-2 years. submitted by /u/nonduality2

How would you best grow 50k over 5-10 years? What would you do if you were given $50,000 tax free and had 5-10 years to try and grow it as much as possible with as little effort as possible? submitted by /u/thewilbur

What to do with $50k? I have $50k that I would like to invest. I’m considering just buying treasuries using one of these user friendly sites. Any suggestions? submitted by /u/angelmeshlink

About to get a 50k bonus, is this the best way I can use it? Landed an amazing job for the first time, yearly salary is $100k with an initial bonus of $50k. I still cannot wrap my head around it as I have never made more than $50k a year. Persistence and opportunity paid off. With that said, this is what I am thinking of doing with the $50k bonus, please let me know what you guys think. I have $5k in stu…

We got 50k sitting in the bank So my wife (25F) and i (25M) bought a small property in 2020 fixed it and flipped it. We ended up w/ the 50k after everything. We were going to do it again but the way the house market is now a days its really hard and the competition is beyond me. Where im living there is basically nothing so i gave up on that for now. But i want to invest my m…

Gifted $50k for new home construction; should I pay off debt? Family member gifted me $50k to reduce the overall principle loan amount, which makes our monthly payment lower. I have $15k in student loans, and a small car loan of $4500. Should I pay off the student and car loan off ($20k) and have $30k left to apply towards the house? Back story of the house: It’s a new construction. We fronted $100k when …

Looking for advice on getting out of a -50k hole Need some advice on getting out of a crazy hole I dug myself into Disclaimer: I made some poor decisions financially and honest enough to say I elevated my lifestyle without being disciplined 39yr old male living in NYC. I’m a salaried employee making 80k before taxes. Current professional field is commercial facilities management with 13yrs exp…

$50k debt and recently unemployed, what are the best moves for me to make at this point? Feeling overwhelmed but ready to tackle this head on. I’ll be brief but will provide more details as needed. I have about $22k in debt spread across 4 credit cards that are all currently in good standing. My credit score is 680. I owe $20k on a personal loan that is currently in good standing. I have a car but it was totaled in an accident the s…

What would you do with approximately $50k? I will be selling my house and should walk away with close to $50k in equity. I won’t be buying anytime soon with the market and interest rates so I will be renting. I’ve got about $37k in 2 auto loans that I will be responsible for. My question is, would it be worth it to pay those off and still have $13k, approximately, left over? I’m in my mi…

Dad has stolen over $50K from me and mom, don’t know what to do my dad makes $400K a year. growing up, i always wondered how he was making so much yet we were living in a small, dirty apartment (albeit in a well-off neighborhood) and i had next to no college funds. when i had to go to college, i ended up accepting a full-ride offer to a school since i knew my dad hadn’t saved money for me, and since then i h…

Having trouble deciding where to park 50k Hi, I’m 18 and make about 30-40k yearly. I have 55k in my savings, 50k of which I’d like to put into a HYSA or something similar with 0 risk. I have no expenses and won’t until I graduate college in 3 years. I feel like i’m missing out by letting my money sit in an account earning nothing. What HYSA do you recommend? Are there any downsides? Als…

Wolves’ Edwards fined $50k for chair incident Timberwolves star Anthony Edwards has been fined $50,000 for swinging a folding chair that struck two bystanders at the conclusion of Minnesota’s season-ending playoff loss.

Atheist and agnostic fired for not attending company prayers win $50K in suit (RNS) — The two workers declined to participate in a daily prayer circle as the company owner read from Scripture. The post Atheist and agnostic fired for not attending company prayers win $50K in suit appeared first on Religion News Service.

Should I pay off my parents mortgage? 50k left. Hey all, In need of support. So I have about 350k saved in HYSA waiting to purchase a home which isn’t looking too promising in SoCal with a single income. maxed out 40k roth and 60k vti and I’m 30, my parents are (60) (67). They’ve done everything they can to support my brothers and I our whole lives. My parents owe 150K on a 1.2 million dollar…

What to do with 50k in savings? I joined the military at a young age and I never really got caught up in the partying or drinking phase so I was able to save up during my time in. I put about 15k into vanguard 4 years ago after getting advice that keeping it sitting in my savings account wasn’t gonna do me any good. I’m currently in my late 20’s and out the military (transitio…