WSOP Windfall... What is a boy to do?!?!

[NicksDad1970]

The paying off debts makes a lot of sense. But depending on your situation I don't know that buying a condo or a house makes sense.

The housing market is dead right now. If you go buy a 125k condo way off the strip in Vegas there's nothing saying you will be able to sell it with ease for the same price 2 or 3 years from now. (You never know when you might need to sell)

Now if you did some research and found a decent duplex that's for sale and been occupied for a while you could buy one of those and keep the renters. There are also companies out there that will do everything involving the renters for a %.

I'm also one of those people that's had a house on the market for 9 months so I'm a little bitter towards the market right now.

Either way good luck and maybe a month from now you'll be asking us how you should invest your 2 million. [img]/images/graemlins/smile.gif[/img]