What To Do With $100k - Episode 030

Kim D. H. Butler and host Todd Strobel discuss an article in Money Magazine, “13 Things to Do with $100k.” Should you remodel your home? Buy a franchise? Purchase an annuity?

They break down the list of options and also discuss alternative investments. Kim defends the belief of protecting the principle. Todd praises Kim for all her work in making clients’ money do more for them.

If they had $100,000, wouldn’t our hosts buy a Tesla, too? Find out on today’s episode of the Prosperity Podcast.

If you would like the opportunity for us to answer your question on the show, be sure to keep sending us questions!

 

Show Notes:

[0:00] Prologue

[0:19] Intro

[0:32] 13 Things to Do with $100k

[2:07] Remodel Your House

[4:27] Pay Off Your Mortgage

[5:43] Opportunity Costs

[7:02] Buy a Franchise

[8:42] Invest in a New Degree

[10:46] Buy an Annuity

[12:39] Financial Planning Has Failed

[13:20] Buy a Tesla

[15:05] Cash Flow Stream

[17:50] Buy a Vacation Home

[20:51] Buy an Indexed Fund

[22:06] Summary

[23:35] Wrap-Up

[24:11] Outro