Updated 8 months later:
Bumping this one back up to current day. I took Solveg and Yen's advice and essentially have left these dollars untouched --both keeping it as a safety net but also continuing to look for THE BIKE. I've come across a couple frames that probably would do it for me. I'm looking for some year end model closeouts to even make it a better value. Unfortunately in the larger frame sizes it is much more challenging to find THE BIKE at the THE PRICE. Also, with the state of the financial community right now, just having it in reserve might not be a bad thing. Especially with the spouse starting a new business..........I did see one bike last week that caught my eye that is using the latest and greatest carbon fiber technology-it came in dressed out at roughly 14 lbs (with pedals!) in a 58 cm frame........but I'd almost need to double what I had in mind for that one. I'm still shopping!!!
I don't want to offend anyone-especially those that find themselves struggling financially right now but there is a very good chance I'm going to have a good dilemma.
It appears I will be receiving a very generous sum of money very soon (and yes it is all legal!). You have heard me complain numerous times about the ongoing 3 college tuitions and deficit spending, so it is refreshing to be in this situation even it's only a one-time thing. While most of the funds will be directed towards higher priority family items, I'm hoping to earmark a little of it towards more of a personal use.
Maybe it's selfish, but heck-I've labored for 35 years and given and given........and will continue to give so maybe it's okay for this one time to give to myself????
I was thinking if I was ever going to get the bike I could never afford, then maybe now is the time to do it. The cost of the frame alone for the bike I'd love to build up is $5000. So, I'd probably need to dispose of one of my bikes-or maybe two to get the new bike outfitted the way I'd like.
Other options would be to upgrade my Time Trial bike. I could do that for much less money. I'd even have some dollars to go towards upgraded wheels for my other bikes.
I guess my question is, what frames, wheels or other parts might you suggest I take a look at as I consider how to disperse these funds?