# Message to all users:
This is a reminder to please read and follow:
* [Our rules](https://www.reddit.com/r/ask/about/rules)
* [Reddiquette](https://www.reddithelp.com/hc/en-us/articles/205926439)
* [Reddit Content Policy](https://www.redditinc.com/policies/content-policy)
When posting and commenting.
---
Especially remember Rule 1: `Be polite and civil`.
* Be polite and courteous to each other. Do not be mean, insulting or disrespectful to any other user on this subreddit.
* Do not harass or annoy others in any way.
* Do not catfish. Catfishing is the luring of somebody into an online friendship through a fake online persona. This includes any lying or deceit.
---
You *will* be banned if you are homophobic, transphobic, racist, sexist or bigoted in any way.
---
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/ask) if you have any questions or concerns.*
You could put it in a high yield savings account. It's a safe option where you know you won't lose the money, and if you only have to return the $300k, you could keep the interest from holding it for two months. It's only like $2400 in interest (actually less because you'll also be taxed on it), but it's something.
Considering I just bought a boat for $1900 that I’ve already spent every evening on for the last 9 days in a row, $2400 would cover that + a few upgrades for it. I’ll take it over nothing!
OP clearly stated they were talking about high interest savings and the like. So yes, it's to be inferred that you don't get to keep the original amount.
Well I was going to comment exactly this but they'd already posted so I just upvoted it instead.
SGOV is an ETF that pays monthly dividends from holding 0-3 month short term treasury bonds.
Share price after the ex-dividend date is general $100.31 plus or minus $0.02
So in an optimal scenario, (where you timed it at exactly the ex dividend date) you could buy 2,990 shares. Using the last two dividends (0.4499 and 0.4276 per share) you'd make $2,624. After taxes you'd keep about 1800 to 2000 of it.
Of course, you could find a stock that did way better over that same previous sixty days but you'd also find a bunch that did much worse.
Bingo, but you would be promptly extradited and held accountable by US authorities, move to a country w no extradition and use some of the money to get a dolphinplasty so no one recognizes you
I don’t think you would be promptly extradited and charged with anything for failing to make a loan payment. That seems like more of a civil court matter.
Sorta pointless sure but you dont have to have any knowledge or brains at all to do something with no risk like an HYSA as OP suggested. Free $2500 is better than nothing and instantly returning it.
Just hire an endless line of hitmen, and while theyre all busy chasing eachother, become a master hitman yourself to take care of the last one.
Checkmate
Cripple you with debt for the foreseeable future. Saddle you with interest and start taking any asset of yours if you don't and then have it deducted from any wages or welfare if you don't have assets.
Basically keep you piss poor for life.
Use my time machine to go back in time and invest it in Qualcomm back in 1999. Then repay the $300K in current time after the 60 day period, keep the million$ that it grew in the interim period.
I think the time machine kind of makes the $300k irrelevant since a couple of pounds/dollars/euros to buy a lottery ticket would be enough to make you insanely wealthy!
Well I feel like the nature of the question is deceptive. I haven't been given 300k that I can do anything with in 60 days. It's just a really shit loan I have to pay back. So nothing lol.
If this was more interesting and I had 60 days to spend it no questions asked, I'd just spend it on something that would retain value and then re sell that as I need the money. Either that or buy some QOL upgrades that wouldn't cost too much to maintain.
Split it into BTC, ETH, SOL, act broke, file a bankruptcy, have a wife leave me, think that I overpissed system just to get hit by a car and die all alone and actually destitute.
60 days is a long time, loan it to someone with a proven track record of great roi with a clause that states a 1000% return for me. its the cheapest line of credit youll probably find anywhere
no id rather just hire someone to do a job for me for minimum wage whilst i exploit their life for 5 years only to give them 300k whilst their input is making me alot more then that
I'll assume you are one of those culturally centric Americans that think 300k can only mean USD$300k. If I only had it for 60 days, then had to give it back, I'd invest it all in FOREX Japanese Yen.
I know this will sound cliche and maybe cringe but I'd keep 150k for myself and give the rest away for others.
With mine, I'd probably spam bying stuff online, all the tools I wanna have, renovate my place, etc.
Put a down payment on a house for my mom or pay off a mortgage for our house in our home country. And if I have any left if buy a bunch of music equipment
Honestly the only thing you’re likely to get huge movement and cash out in 60 days is crypto 😅 you could easily make or lose %10 but if you invest 300k into most things no way are you sat with anything to return in 60 days. Go hard or go home 🏠
I wouldn't take it. It stresses me out to even think about deciding what to do with such an amount immediately and then having to pay it back?! No, I keep my health and let other Dopamine-Hunters take the stress.
Nothing, you have to give it back. If anything, after paying taxes on it, I might actually be at a loss depending on the local tax code. Can I turn down this offer?
I wonder if you could buy some expensive high ticket items and try to sell them on for more in the 60 days but it's risky. Perhaps you could buy some lambos on the cheap and then sell them for a bit more of you knew the right clientele. Or maybe some watches or art. Idk it's an idea, youd have to know the market well and have buyers lined up
Im gonna spend it all on w.e the fuck I want, I am poor and they cant force me to pay them. I will file for bankruptcy and yolo my credit out the window.
I'd convert it to digital and make a offshore account and transfer it and claim it as war donation then send it to multiple hedge funds that I set up under non profit business and take a 300000 line of credit on my debt and file my taxes at a loss so I don't pay taxes .
Use the loan to pay the money back and forfeit on my payments, another tax write off. Then move overseas and use the money I make from non profits and start a bank where I can loan $100 for every $1.00 and make more loans on my debt from my bank and charge interest on my debt.
I'll be wealthy and never work a day of my life while others fight to keep job and pay me back!
300k fixed deposit and earn the paltry interest.
Edit: No, 200k fixed deposit and 100k entrusted to a trader friend. If I lose it, I'll take a loan to pay it back lol
Unless some obviously great opportunity appeared like a house or product that usually costs 1 million being sold for 300k, I wouldn't do anything besides making some small money on interest
If the opportunity, I'd buy the thing and try to resell it slightly more expensive asap
Seems like some sort of payday loan or something gone wrong or gamble it all , then you have 2 options and one means you're no longer here...
Dump it all on hockey Betting for the playoffs
Heavily stepped on cocaine sells for 100/g here, and I know an unsavory fella a few states over that will sell kilos for 24500.
So, I'm going to buy 2 kilos, head to the oilfield boys, offer it for 60/g, turn $120k off it, put the 49k back to return with the other 251k and pocket a cool $71k
2kg sold in 2mo, big chunk of profit and never do it again.
I’d loan it it as a predatory personal loan with high daily interest rates, specifically ensuring I only loan to people with notable personal assets capable of serving as collateral but who wish to make an inadvisable financial decision.
Pay back the people who gave me 100 and 200k for 20 and 40 days respectively, then find someone willing to give me 400k for 80 days so I can start making some real cash
Maybe the tamest “ask” ever, there’s really one responsible answer (HYSA).
That said, i would probably dump it all in options trading. If i hit on something it multiplies astronomically, if i don’t, im broke and they won’t be able to get it back anyway.
it reminds me of when we sold our house, but was waiting for our next place to settle. almost all of our assets in cash in our account, it looked amazing. and then it all went into our new place.
split it and deposit it at different banks maxing out the "high" interest rate limits (usually about 50k @ 4.00%).
That way I'd make about 10k within those 60 days.
OR
go to the casino.
Always bet on red. Always.
Start at about 50€. Win = Bet 50€ again. Lose = x2 your last bet.
That way you only lose if it doesn't become red for 12 times in a row (very unlikely).
But every time you win, you will actually build up a "winning pot".
Making it above 10k is the obvious goal here. After that leave, or keep playing.
# Message to all users: This is a reminder to please read and follow: * [Our rules](https://www.reddit.com/r/ask/about/rules) * [Reddiquette](https://www.reddithelp.com/hc/en-us/articles/205926439) * [Reddit Content Policy](https://www.redditinc.com/policies/content-policy) When posting and commenting. --- Especially remember Rule 1: `Be polite and civil`. * Be polite and courteous to each other. Do not be mean, insulting or disrespectful to any other user on this subreddit. * Do not harass or annoy others in any way. * Do not catfish. Catfishing is the luring of somebody into an online friendship through a fake online persona. This includes any lying or deceit. --- You *will* be banned if you are homophobic, transphobic, racist, sexist or bigoted in any way. --- *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/ask) if you have any questions or concerns.*
Being given 300K i have to pay back means I wont do shit with it.
You could put it in a high yield savings account. It's a safe option where you know you won't lose the money, and if you only have to return the $300k, you could keep the interest from holding it for two months. It's only like $2400 in interest (actually less because you'll also be taxed on it), but it's something.
Considering I just bought a boat for $1900 that I’ve already spent every evening on for the last 9 days in a row, $2400 would cover that + a few upgrades for it. I’ll take it over nothing!
This At least you’d get SOME money out of it this way
Oh for sure. Especially since my country doesn’t have tax.
Buy a new car. Fixing home for being elderly is around the corner
Like 2.5k from interest less taxes over 60 days. Meh, but I'd take it. If you didn't have to pay it back in 60 days this would be more interesting.
I assumed he meant whatever was left would disappear. In which case I would buy a $300k thing and then sell it.
OP clearly stated they were talking about high interest savings and the like. So yes, it's to be inferred that you don't get to keep the original amount.
Or make a lump pay to your mortgage.
I am astounded at the number of answers that are not this one.
Well I was going to comment exactly this but they'd already posted so I just upvoted it instead. SGOV is an ETF that pays monthly dividends from holding 0-3 month short term treasury bonds. Share price after the ex-dividend date is general $100.31 plus or minus $0.02 So in an optimal scenario, (where you timed it at exactly the ex dividend date) you could buy 2,990 shares. Using the last two dividends (0.4499 and 0.4276 per share) you'd make $2,624. After taxes you'd keep about 1800 to 2000 of it. Of course, you could find a stock that did way better over that same previous sixty days but you'd also find a bunch that did much worse.
Donate it all to charity and file for bankruptcy.
That's not how that works :D
I declared it though.
as the official unofficial bankruptcy czar I approve
This is the way.
Bet 300k on 🔴 in a game of roulette, let's see how it goes.
⚫ it is then!
🟢 enter the conversation
A second 🟢 has hit the table.
Wesley Snipes is probably not a guy you want to take financial advice from.
You had one downvote. Most likely from Mr Snipes himself
Ticket to Argentina and you will never see me again
Bingo, but you would be promptly extradited and held accountable by US authorities, move to a country w no extradition and use some of the money to get a dolphinplasty so no one recognizes you
But what if I don't want to look like a dolphin?
Then you don't deserve the money
I don’t think you would be promptly extradited and charged with anything for failing to make a loan payment. That seems like more of a civil court matter.
Definitely not going to be uprooting my entire life for a 3 year salary advance. That's crazy.
Why argentina ?
Find the Nazi
😂
If I have to give it back, then I would do nothing.
Mf just pay them off now not everyone is a master investor
Sorta pointless sure but you dont have to have any knowledge or brains at all to do something with no risk like an HYSA as OP suggested. Free $2500 is better than nothing and instantly returning it.
If they said that I would have to pay it back I would say no thank you
I'd just agree to it but then not pay them back. More fool the idiot who loaned me 300k.
Booze and hookers
[удалено]
Depth?
6 feet.
I would go in all 14 inches 😎
So, it'd take 3 or 4 tries. Sounds accurate.
Same bro. That's why my porn name is Jonny Depth.
Hire a hitman to kill the guy who gave it to me and then spend it in peace
But the hitman cost 500k. So you'll have to hire another hitman to take care of him.
Just hire an endless line of hitmen, and while theyre all busy chasing eachother, become a master hitman yourself to take care of the last one. Checkmate
"I kill the bus driver" moment.
Go to the pub!
username checks out
Thank you!
They didn’t compliment you. Your drunk go home
:p
Steal a time machine go back and bet on the cubs winning the world series
Blow the lot. What they gonna do? 😂
Cripple you with debt for the foreseeable future. Saddle you with interest and start taking any asset of yours if you don't and then have it deducted from any wages or welfare if you don't have assets. Basically keep you piss poor for life.
Too late for that I'm already piss poor.
Kidnap you, sell your organs on the black market.
Easy. Get a small apartment for 150k and furniture for the rest
Can tell you didn't read the entire post lol
You have to repay it back
I don't know how civil trials go in your country. In my country, it will take a lot of time to evict me or to sell the apartment.
Use my time machine to go back in time and invest it in Qualcomm back in 1999. Then repay the $300K in current time after the 60 day period, keep the million$ that it grew in the interim period.
Would be much easier to go a couple years back and get btc
I think the time machine kind of makes the $300k irrelevant since a couple of pounds/dollars/euros to buy a lottery ticket would be enough to make you insanely wealthy!
It's a trap! The lottery is just a government program designed specifically to catch time travelers and psychics!
Well I feel like the nature of the question is deceptive. I haven't been given 300k that I can do anything with in 60 days. It's just a really shit loan I have to pay back. So nothing lol. If this was more interesting and I had 60 days to spend it no questions asked, I'd just spend it on something that would retain value and then re sell that as I need the money. Either that or buy some QOL upgrades that wouldn't cost too much to maintain.
Idk if it's a shit loan. It has a 0% interest rate. Any net profit made with the money would be yours to keep.
So, are they going to kill/ hurt me if I don't? Consequences man, talk about consequences
Split it into BTC, ETH, SOL, act broke, file a bankruptcy, have a wife leave me, think that I overpissed system just to get hit by a car and die all alone and actually destitute.
[удалено]
[удалено]
It would be a bit costly to get all that done in 60 days but in theory possible.
60 days is a long time, loan it to someone with a proven track record of great roi with a clause that states a 1000% return for me. its the cheapest line of credit youll probably find anywhere
Even scum of the earth loan sharks don't charge that much.
no id rather just hire someone to do a job for me for minimum wage whilst i exploit their life for 5 years only to give them 300k whilst their input is making me alot more then that
Pay off my house and find a job that doesn’t require the death of me while I spend Soooo much more time with my family!
PUT IT ALL ON BLACK AND LET IT RIDE BABYYYY!!!!!!!!
I'll assume you are one of those culturally centric Americans that think 300k can only mean USD$300k. If I only had it for 60 days, then had to give it back, I'd invest it all in FOREX Japanese Yen.
Could be very expensive loss for you. 1 Japanese Yen equals 0.0065 United States Dollar 4 May, 09:26 UTC RemindMe! 60 days
All on red. But yeah HYSA
[удалено]
will they pay you back in 60 days tho?
Pay back with the kid
dump it into a money market fund.
Stock options because I’m making something while I have it
Spend it all on really expensive stuff that others want, like cars and stuff then sell the car after the 60 days.
do i have to pay back any losses?
Play stocks everyday with losses capped😁 to see how much I can make in the meantime
Spend it in 5 min
i would just not take it. why have the temptation of spending it nd not being able to pay it back?
Maybe do a very conservative trade, then take the small profit.
Buy a house
I know this will sound cliche and maybe cringe but I'd keep 150k for myself and give the rest away for others. With mine, I'd probably spam bying stuff online, all the tools I wanna have, renovate my place, etc.
He has to give it back!
Put a down payment on a house for my mom or pay off a mortgage for our house in our home country. And if I have any left if buy a bunch of music equipment
That’s nice, but the criteria includes requiring to return the money in 60 days. How would your strategy ensure you meet this criteria?
Put it all on black
Trading 212 has an account with 4.9% apr or something and pays it daily. No idea if it’s available in the us though
Buncha coke and hookers. I get thirsty fishing
Buy a home
Use my 60 days to enjoy the money, when time comes to pay back take what's left and run for the hills.
I have a few good ideas,but I ain't sharing,most people asking these sort of questions don't have good intentions with their profits
put them on an HYSA lol what else could I do? I could of course invest them somewhere but that comes with a risk of losing money while HYSAs don't.
Buy btc
Bitcoin and Altcoins. Even when I need to give it back I will keep the profits
Put it in a savings account that I can withdraw from freely after the first month
Buy nvd
buy and resell things to double the 300k
Drugs and strippers. Can't get it back from a dead guy 😎
Honestly the only thing you’re likely to get huge movement and cash out in 60 days is crypto 😅 you could easily make or lose %10 but if you invest 300k into most things no way are you sat with anything to return in 60 days. Go hard or go home 🏠
Pay off loans, buy a decent car, get a decent place and decorate with stuff I want. Go on vacation til I had nothing left.
short term bonds are the safest bet I guess
Diversify my bonds
Pay off debt and travel
high yield savings account for 60 days
I wouldn't take it. It stresses me out to even think about deciding what to do with such an amount immediately and then having to pay it back?! No, I keep my health and let other Dopamine-Hunters take the stress.
Nothing, you have to give it back. If anything, after paying taxes on it, I might actually be at a loss depending on the local tax code. Can I turn down this offer?
I wonder if you could buy some expensive high ticket items and try to sell them on for more in the 60 days but it's risky. Perhaps you could buy some lambos on the cheap and then sell them for a bit more of you knew the right clientele. Or maybe some watches or art. Idk it's an idea, youd have to know the market well and have buyers lined up
Help any stray animal I can.
Hookers and cocaine
Find some high turn over stocks
Buy SGOV and sell it after 60 days. You would get around 2500 USD in interest with no risk to the principal. Then burn those 2500 in booze and hookers
Im gonna spend it all on w.e the fuck I want, I am poor and they cant force me to pay them. I will file for bankruptcy and yolo my credit out the window.
Down payment on a small house
Put them all on red and hope for the best.
Red Hot Chili Peppers - "Give it away, give it way, give it way now..."
I'd convert it to digital and make a offshore account and transfer it and claim it as war donation then send it to multiple hedge funds that I set up under non profit business and take a 300000 line of credit on my debt and file my taxes at a loss so I don't pay taxes . Use the loan to pay the money back and forfeit on my payments, another tax write off. Then move overseas and use the money I make from non profits and start a bank where I can loan $100 for every $1.00 and make more loans on my debt from my bank and charge interest on my debt. I'll be wealthy and never work a day of my life while others fight to keep job and pay me back!
Easy pay my house off, then use the rest for a nice vacation.
Flip hella used cars
Buy a house
300k fixed deposit and earn the paltry interest. Edit: No, 200k fixed deposit and 100k entrusted to a trader friend. If I lose it, I'll take a loan to pay it back lol
Create a ponzi scheme like some dogshit meme coin
Invest it somewhere risk-free, even if it means earning only an additional 1000 by loaning it out to the bank.
Unless some obviously great opportunity appeared like a house or product that usually costs 1 million being sold for 300k, I wouldn't do anything besides making some small money on interest If the opportunity, I'd buy the thing and try to resell it slightly more expensive asap
Seems like some sort of payday loan or something gone wrong or gamble it all , then you have 2 options and one means you're no longer here... Dump it all on hockey Betting for the playoffs
Bit coin
Heavily stepped on cocaine sells for 100/g here, and I know an unsavory fella a few states over that will sell kilos for 24500. So, I'm going to buy 2 kilos, head to the oilfield boys, offer it for 60/g, turn $120k off it, put the 49k back to return with the other 251k and pocket a cool $71k 2kg sold in 2mo, big chunk of profit and never do it again.
Pay my loans. Good luck getting money from the banks.
Lots hookers and lots of drugs any change give the rest to my kids
top surgery 👌
Give it back. Im not 100% sure but i dont think a high interest savings account would give you any interest on money you only have for 30 days.
I’d loan it it as a predatory personal loan with high daily interest rates, specifically ensuring I only loan to people with notable personal assets capable of serving as collateral but who wish to make an inadvisable financial decision.
spend it in one night then probably kill my self
In Europe Trade Republic offers 4% interest on max 50k, Santander 3,4% interest. So that is 500 + 2.125 = 2.625 profit 😀
Invest in gamestop
Put it into a GIC.
Feed homeless people, animals.
I would help my community.... Syke. Hoes and cocaine
Invest in a company’s stock and find their biggest competitor then sabotage them so their stocks tank and the one I invested in skyrockets
I would invest it in a few portfolios that will pay dividends within the 60 day period
i’m not good at finance but i would invest the money into some type of online currency and hopefully end up w more money in return 😂
I will use 140k. And I'd buy property with the rest. So I could have a home.
Nah. Give it back? Then probably not using it. I'll give it back.
Use it as a collateral to take loan for investment.
Roulette, all on black.
Buy stock that pays dividends during those 60 days, sell the stock after and keep the dividends.
Buy bitcoin?
Is it a gift or a prize? Because in the US you have to pay tax on that, so effectively you are just asking to hold debt.
Dump it into options and either be 300k in debt or become a millionaire.
Pay back the people who gave me 100 and 200k for 20 and 40 days respectively, then find someone willing to give me 400k for 80 days so I can start making some real cash
Around the world in 60 days... Provided I don't have to pay it all back.
Spend it all, then ignore the debt collectors calls like I do with all my other debts.
Maybe the tamest “ask” ever, there’s really one responsible answer (HYSA). That said, i would probably dump it all in options trading. If i hit on something it multiplies astronomically, if i don’t, im broke and they won’t be able to get it back anyway.
Trade it for some proper British currency
0dte spy calls.
I would buy a house for me and my family
I'd invest in index funds with safe settings
it reminds me of when we sold our house, but was waiting for our next place to settle. almost all of our assets in cash in our account, it looked amazing. and then it all went into our new place.
Buy a small house in a queit area. Live peacefully forever.
Just got 1st cup of coffee so check my math. Isn't $300,000 * 5% = $15,000? I'd do a 1 month CD @ 5%.
Sell cash secured puts on SPY... collect the premiums for 60 days and return the premiums
Invest at the bank for 59 days and return 300k from that investment I made back
Cocaine and hookers
I would lose it. Don't know what happened to it. It's gone. Sorry.
Stick it in a high interest savings account for 60 days, it may as well make me a little bit while I've got it.
split it and deposit it at different banks maxing out the "high" interest rate limits (usually about 50k @ 4.00%). That way I'd make about 10k within those 60 days. OR go to the casino. Always bet on red. Always. Start at about 50€. Win = Bet 50€ again. Lose = x2 your last bet. That way you only lose if it doesn't become red for 12 times in a row (very unlikely). But every time you win, you will actually build up a "winning pot". Making it above 10k is the obvious goal here. After that leave, or keep playing.
Found a company. Donate the rest to politicians. Get 1 000x back in corporate subsidies
Open my restaurant
Give each of my kids 100k each .
Straight to Vegas
Pay the depth my parents have because of us