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I got a load of free money in the mail today, what should I buy?

LanLordLanLord Posts: 11,714 ✭✭✭✭✭
image

I'm looking to splurge big time!

Comments

  • CasmanCasman Posts: 3,935 ✭✭
    Well, hopefully your bank is close, you could lose money just driving it up there...image
  • michiganboymichiganboy Posts: 1,247 ✭✭✭
    All right about 23 common dates wheat cents worth of spending there. Get out your LOC penny album and go at it, That is if you like LOC albums as much as I think you do.image
    Positive BST transactions:michaeldixon,nibanny,
    type2,CCHunter.
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    Oh my should be able to get a modern top pop Rosey with that.
    image
  • tightbudgettightbudget Posts: 7,299 ✭✭✭
    Just cash it for a roll of cents and four nickels. Good luck finding a wheatie.
  • bestclser1bestclser1 Posts: 5,566 ✭✭✭
    image
    Great coins are not cheap,and cheap coins are not great!
  • messydeskmessydesk Posts: 20,007 ✭✭✭✭✭
    Was it a class-action settlement?
  • 14 circulated, common date nickels. Lol


  • << <i>image

    I'm looking to splurge big time! >>



    I'm thinking. I'm thinking. I have a drilled 90% silver Rosie,but I think a dollar(one)plus the check would be fair. I think I would still lose because of the postage stamp that would have to be afixed to the envelope.
  • NumisOxideNumisOxide Posts: 10,997 ✭✭✭✭✭
    You should just have a giveway!image
  • DaggoBDaggoB Posts: 333 ✭✭
    If this was 1954 I would have bought a 6 pack of RC Cola and had a dime left over.
  • JustlookingJustlooking Posts: 2,895
    JP Morgan didn't get rich giving away money ...
    Let's try not to get upset.
  • kazkaz Posts: 9,179 ✭✭✭✭✭
    I recommend 2 York Peppermint patties, the small ones. Nothing beats a windfall!image
  • LanLordLanLord Posts: 11,714 ✭✭✭✭✭


    << <i>Was it a class-action settlement? >>


    Recently, I was able to cancel my private health insurance policy thanks to rejoining the work force. In so doing,
    I was able to eliminate one of, if not the, biggest single monthly expense I had - but I digress.

    In the cancellation of the policy, I was due a prorated refund on my premium. I love getting free money, I can buy... well, pretty much nothing with this refund!

    Given the size of the monthly premium, I figure that to be a refund on about 11 minutes of my monthly policy!
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Wow.... some refund.... methinks their formula for the calculation is a tad mathematically biased. Cheers, RickO
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,364 ✭✭✭✭✭
    It's got to be worth more since it's "70"

    sell it on eBay.
  • LanLordLanLord Posts: 11,714 ✭✭✭✭✭


    << <i>It's got to be worth more since it's "70"

    sell it on eBay. >>



    The processing just to cut that check had to cost them well in excess of 70 cents.
    Back in the early 80s, I was doing field service work at Rockwell international, they had a paper tape punch that needed repair.
    I told them our company prices ($80/hr + any parts that were needed + $0.35 per mile travel). Estimated them about $100 for a service call.

    The lady in purchasing laughed at me and said it costs them over $100 to process a payment through the AP department.

    I assume our now highly computerized society has dropped that significantly, but there are still people involved in the process,
    I'd guess they spent at least $50 to send me that 70 cents.
  • johnny9434johnny9434 Posts: 28,421 ✭✭✭✭✭


    << <i>Was it a class-action settlement? >>

    i heard it was $10,000,000. lawyers fees and all.. well you know. jmo is all image
  • I would sugest buying 2 quarters and 2 dimes
  • crypto79crypto79 Posts: 8,623
    roll of pennies form the bank
  • nwcoastnwcoast Posts: 2,866 ✭✭✭✭✭


    << <i>roll of pennies form the bank >>



    And cherry pick it...image

    Happy, humble, honored and proud recipient of the “You Suck” award 10/22/2014

  • SanctionIISanctionII Posts: 12,171 ✭✭✭✭✭
    The time and expense required to process this refund check just makes no practical sense. I wonder what would have happened if the refund was $0.01?

    I had some student loans that I paid on for 7 and 10 years. When it came time to make the last payments on these loans I tried an experiment. I wrote final checks that were $0.01 short of the final payment due and sent them in. I wondered if the lender would cash the checks or return them. They were cashed. I then wondered if I would receive phone calls or letters from the lender's collection department seeking to cause me to pay up and pay off the remaining cent owed under each of the loans (four of them).

    Never heard a word from anyone.
  • BaseballAbsBaseballAbs Posts: 2,621


    << <i>

    << <i>It's got to be worth more since it's "70"

    sell it on eBay. >>



    The processing just to cut that check had to cost them well in excess of 70 cents.
    Back in the early 80s, I was doing field service work at Rockwell international, they had a paper tape punch that needed repair.
    I told them our company prices ($80/hr + any parts that were needed + $0.35 per mile travel). Estimated them about $100 for a service call.

    The lady in purchasing laughed at me and said it costs them over $100 to process a payment through the AP department.

    I assume our now highly computerized society has dropped that significantly, but there are still people involved in the process,
    I'd guess they spent at least $50 to send me that 70 cents. >>



    Now you know what everyone pushes for direct deposit. I personally have issues with it however. I prefer paper trails.
    Winner of the "You Suck!" award March 17, 2010 by LanLord, doh, 123cents and Bear.
  • derrybderryb Posts: 36,946 ✭✭✭✭✭
    that's your share of the bailout money, spend it foolishly - there will be more.

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

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