View Poll Results: Which option do u think would be better???
option #1- keep it and get it all purty
2
33.33%
option #2 get the fx4 and make it purty too- screw the note
4
66.67%
Voters: 6. You may not vote on this poll
Important Advice Needed
Sit. Stay.
Joined: Oct 2001
Posts: 18,308
Likes: 20
From: Washington State
If you put that 15K into a interest bearing account with a 10% compounding interest rate. In 20 years it'll be worth over $100,000!!
http://www.finance.cch.com/sohoApple...ndInterest.asp
Wealthy people do not spend money on things that do not MAKE them money. Learn that now. Only buy (non-life sustaining) things that are assets! Things that will make you money, not cost you more...
http://www.finance.cch.com/sohoApple...ndInterest.asp
Wealthy people do not spend money on things that do not MAKE them money. Learn that now. Only buy (non-life sustaining) things that are assets! Things that will make you money, not cost you more...
Post Fiend
Joined: Feb 2003
Posts: 6,940
Likes: 2
From: Eastern WA
I'd go with option #3 in the blink of an eye and for the most part for the reasons stated. Cash in hand is king as it gives you power that the vast majority of people don't have. Eventually you'll want a house. Save that cash and you're on your way to being an owner and not just a renter under control of the landloard. Keep adding to your cash kitty and in 10-20 years you can look at your buddies, neighbors, and coworkers that blow all they have and then some and you'll understand why these people that have decent paying jobs are so broke. You'll also move to the position of buying your vehicles with cash. It's rather nice since you will not need permission from a finance company before you buy it. You are in control as you are a legal owner and not just a registered owner. Not intended to be a flamer here, just food for thought from someones that's been around awhile and is dazed and amazed at how the vast majority of the public thinks.
One final point: make payments only on things that appreciate in value (such as real estate); pay cash for all things that depreciate in value (cars, furniture, computers, etc).
One final point: make payments only on things that appreciate in value (such as real estate); pay cash for all things that depreciate in value (cars, furniture, computers, etc).
