What car to get with the money i might get ($100K+)
#41
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you guys are all retarded, he didnt ask for any of your financial advice, he asked which car he should buy, he probably doesnt give 2 ***** that you guys think he should invest it, so either give your opinion on what car he should get or STFU. You dont walk up to a fat *** eating a double bacon greasy as **** cheesburger and say, 'Hey fatty you shouldnt be eating that"
IMO if i had the money i would get a Viper for sure.
IMO if i had the money i would get a Viper for sure.
Props to YOU
#42
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cds aint ****. i got two, one for 15k and another for 10k, and ive only gotten like 100 bucks outta it. it sucks, get some stocks for visa, if anyone is willing to sell them
#44
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$money dosen't come quick very often, so DON'T blow it. I had $50k when age 19 from an accident and I blew it (new 74 454 vette, 37 Harley knuckle, dirt bikes & ATV's) in 2 1/2 years. Could have invested it many different ways & been sitting nice right now but it was so hard to think straight at the time.
Hope this helps!
Tracy
Hope this helps!
Tracy
#50
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say you paid 140k for a house, say 7 years ago. Now worth 390k which is very possible especially in southern california.
From day 1 to the past 7 years no matter what the house value was, you pay property taxes based on what you bought it at. Once it it paid off and there is no mortgage to pay; you'll be taxed on 390k at that point. That is ONLY property tax, and now you won't get a nice deductible on your property taxes for having a mortgage.
This is why people buy a second home now to save on all the taxes but you get the jist of it.
I am not saying DON't pay off your home but don't think you pay it all off and get off scotch free.... there are consequeinces...
#56
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suppose right now would be the perfect time TO buy a mortgage. but it is always a roller coaster on how the market is doing..
say you paid 140k for a house, say 7 years ago. Now worth 390k which is very possible especially in southern california.
From day 1 to the past 7 years no matter what the house value was, you pay property taxes based on what you bought it at. Once it it paid off and there is no mortgage to pay; you'll be taxed on 390k at that point. That is ONLY property tax, and now you won't get a nice deductible on your property taxes for having a mortgage.
This is why people buy a second home now to save on all the taxes but you get the jist of it.
I am not saying DON't pay off your home but don't think you pay it all off and get off scotch free.... there are consequeinces...
say you paid 140k for a house, say 7 years ago. Now worth 390k which is very possible especially in southern california.
From day 1 to the past 7 years no matter what the house value was, you pay property taxes based on what you bought it at. Once it it paid off and there is no mortgage to pay; you'll be taxed on 390k at that point. That is ONLY property tax, and now you won't get a nice deductible on your property taxes for having a mortgage.
This is why people buy a second home now to save on all the taxes but you get the jist of it.
I am not saying DON't pay off your home but don't think you pay it all off and get off scotch free.... there are consequeinces...
Once the home is paid off he would still have the property tax write offs so don't think there are no write offs once paid off just not as much since he won't be writing off the mortgage interest.
#57
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you guys are all retarded, he didnt ask for any of your financial advice, he asked which car he should buy, he probably doesnt give 2 ***** that you guys think he should invest it, so either give your opinion on what car he should get or STFU. You dont walk up to a fat *** eating a double bacon greasy as **** cheesburger and say, 'Hey fatty you shouldnt be eating that"
IMO if i had the money i would get a Viper for sure.
IMO if i had the money i would get a Viper for sure.
![Rolleyes](https://ls1tech.com/forums/images/smilies/LS1Tech/rolleyes.gif)
Even though that's the title of his thread, he opened himself up to that feedback when he started talking about investing and what he should do with his windfall.
If the fatty in your example said "hey, I've got $10, I'm gonna buy a cheeseburger (the investment) and what should I buy with the rest (the car)", we definitely would have said 'Hey fatty you shouldnt be eating that".
There goes your point.
#58
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![Rolleyes](https://ls1tech.com/forums/images/smilies/LS1Tech/rolleyes.gif)
Even though that's the title of his thread, he opened himself up to that feedback when he started talking about investing and what he should do with his windfall.
If the fatty in your example said "hey, I've got $10, I'm gonna buy a cheeseburger (the investment) and what should I buy with the rest (the car)", we definitely would have said 'Hey fatty you shouldnt be eating that".
There goes your point.
#60
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True, if i get more than i think, i will definitely get a new bad *** car and invest. But that's ONLY if i get more. However, more than likely, ill just mod my current car and invest the rest, that way i can enjoy the benefits in the future and have even more money and THEN get me a new bad *** car.