what to do with it?
Full Retard
Joined: Jul 2004
Posts: 3,483
Likes: 0
From: Williamsburg
Re: what to do with it?
1. Save your money, a car is the worst investment in the world.
2. Don't screw up your credit and go into debt.
3. Buy a house as soon as possible.
4. Take the equity out of your house and buy several more and rent them.
5. Take the equity out of one of your rentals and open your own business.
6. Retire early and travel the world.
7. Then buy a real man's car.
I"m on step 6....
2. Don't screw up your credit and go into debt.
3. Buy a house as soon as possible.
4. Take the equity out of your house and buy several more and rent them.
5. Take the equity out of one of your rentals and open your own business.
6. Retire early and travel the world.
7. Then buy a real man's car.
I"m on step 6....
But you sounded really cool saying it.
Registered Member
Joined: Jul 2008
Posts: 851
Likes: 0
Re: what to do with it?
1. Save your money, a car is the worst investment in the world.
2. Don't screw up your credit and go into debt.
3. Buy a house as soon as possible.
4. Take the equity out of your house and buy several more and rent them.
5. Take the equity out of one of your rentals and open your own business.
6. Retire early and travel the world.
7. Then buy a real man's car.
I"m on step 6....
2. Don't screw up your credit and go into debt.
3. Buy a house as soon as possible.
4. Take the equity out of your house and buy several more and rent them.
5. Take the equity out of one of your rentals and open your own business.
6. Retire early and travel the world.
7. Then buy a real man's car.
I"m on step 6....
S a D u B
Joined: Apr 2008
Posts: 6,990
Likes: 0
From: Harrisonburg, VA
Re: what to do with it?
How does step 4 and 5 magically happen overnight? Unless you buy just before the market goes nuts, like it did 4 years ago, you aren't egtting any equity out of your first house for about 10 years, and damn sure not enough to "buy several more".
But you sounded really cool saying it.
But you sounded really cool saying it.
