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-   -   What is your goal of saving up money by new years? (https://gfy.com/showthread.php?t=523143)

Young 10-02-2005 01:11 AM
New M3 comes out in a year with dramatic stying changes.

Nissan is going to "refresh" the Z with slight changes up until the 08' year when it will finally see a new body.

Keep the Z...sell the M3

Rhesus 10-02-2005 01:13 AM
Quote:
Originally Posted by bdjuf
I would love to know how much some people on GFY have saved up in their bank accounts....

hmmmmmmmmmmm :)
You are possessed by money :winkwink:

buddyjuf 10-02-2005 01:14 AM
Quote:
Originally Posted by Rhesus
You are possessed by money :winkwink:
very fucking true...

I would pick checking my stats over sex...and it's very true :1orglaugh

buddyjuf 10-02-2005 01:15 AM
Quote:
Originally Posted by Young
New M3 comes out in a year with dramatic stying changes.

Nissan is going to "refresh" the Z with slight changes up until the 08' year when it will finally see a new body.

Keep the Z...sell the M3
M3 convertible in 2 years

but yes, I do know exactly what you mean

but also, people say the look of the 350z will die out very quickly
and BMW's usually have the best resale value

WiredGuy 10-02-2005 01:19 AM
Quote:
Originally Posted by bdjuf
very fucking true...

I would pick checking my stats over sex...and it's very true :1orglaugh
Sex with a girl or guy? :winkwink:
hehe, you set yourself up for that one!
WG

buddyjuf 10-02-2005 01:20 AM
Quote:
Originally Posted by WiredGuy
Sex with a girl or guy? :winkwink:
hehe, you set yourself up for that one!
WG
blah blah blah

I have never had sex with a guy and don't think I ever will

I am as straight as an arrow!

SomeCreep 10-02-2005 01:28 AM
Quote:
Originally Posted by bdjuf
blah blah blah

I have never had sex with a guy and don't think I ever will

I am as straight as an arrow!
:1orglaugh

Still slippin... A straight guy would've said, "and I know I never will", not I "dont think I ever will".

bringer 10-02-2005 01:35 AM
Quote:
Originally Posted by uproared
Ok...

Property Value: $250,000
Down Payment: $25,000
Loan Amount: $225,000
25-Year Mortgage Rate: 7.85%
Loan Term: 25 Years

Monthly repayments would be $1,714.29, which would require rental income of $428.50. Now, I'm not sure what rental values are like in Canada, but there is no way you could rent out a $250,000 property for $428.50 per week in Australia.

Extending the loan term past 25-years will not have a significant effect on the repayments.
$250,000 - $50,000(20% down payment) = $200,000(loan amount). 200k @ 6% for 30 years = 1,199/month
interest is still under 6% so itd be even less(about 5.81%).

buddyjuf 10-02-2005 01:35 AM
Quote:
Originally Posted by SomeCreep
:1orglaugh

Still slippin... A straight guy would've said, "and I know I never will", not I "dont think I ever will".
I am just being realistic... who knows what the future holds? :1orglaugh

buddyjuf 10-02-2005 01:36 AM
Quote:
Originally Posted by uproared
Ok...

Property Value: $250,000
Down Payment: $25,000
Loan Amount: $225,000
25-Year Mortgage Rate: 7.85%
Loan Term: 25 Years

Monthly repayments would be $1,714.29, which would require rental income of $428.50. Now, I'm not sure what rental values are like in Canada, but there is no way you could rent out a $250,000 property for $428.50 per week in Australia.

Extending the loan term past 25-years will not have a significant effect on the repayments.
ok, what if its a 250 000$ triplex? with 3 people + bachelor living in it?

don't you think its possible for it to cover itself?

Chaldoray 10-02-2005 02:18 AM
BDJUF, what exactly do you do?

High Quality 10-02-2005 02:19 AM
Saving money after you've been taxed on it sucks!

emthree 10-02-2005 03:17 AM
Hoping to increase current flow, so hopefully a chunky savings account.

Rui 10-02-2005 05:38 AM
I mostly save nowadays, use a little for me and the rest invest back into the business!

I know its hard to resist not to spend your earned money but its better in the long run (at least for me) :)

nastyking 10-02-2005 06:11 AM
1+ million net worth by the end of 2005 is my goal ..

buddyjuf 10-02-2005 10:16 AM
Quote:
Originally Posted by nastyking
1+ million net worth by the end of 2005 is my goal ..
hey that's great!

are you almost there?

GTS Mark 10-02-2005 10:28 AM
The only thing that WG spends his money on are mojitos and dances at the doll house LOL! ;)

DH

WiredGuy 10-02-2005 12:20 PM
Quote:
Originally Posted by DrinkingHARDER
The only thing that WG spends his money on are mojitos and dances at the doll house LOL! ;)

DH
I prefer to call it recreational drinking and donations towards the ladies scholarships :)
WG

BlackCrayon 10-02-2005 12:33 PM
Quote:
Originally Posted by bdjuf
I would love to know how much some people on GFY have saved up in their bank accounts....

hmmmmmmmmmmm :)
why not start?

i'll be honest, i have next to nothing. after getting ripped for over 15k this year and my main source of income having problems, things could be better.

qwe 10-02-2005 01:15 PM
Quote:
Originally Posted by WiredGuy
Honestly, I don't spend money and I live very cheaply, still living in the same old student apartment. I never have seen the need to really enjoy in the luxuries I could get with the savings I've made and I'm just letting it grow for now.
WG
arent u the guy making 100sales /day with TCG ?

bigdog 10-02-2005 03:08 PM
Quote:
Originally Posted by WiredGuy
Yeah, I know, but there's one thing I absolutely hate with a passion is moving. Once I do get a house I want to stay there for a couple years at least. Even with movers, the idea of moving is something I detest. Being a coop student, I moved at least 10 times in 4 years and that was a for 1 bedroom. The idea of moving a much larger amount of furniture and my business is something I'd like to avoid.
WG

the house will be the 11k square foot mansion built by google

strobi 10-03-2005 03:10 AM
I currently "save" 50% of my income. This is invested in stocks/real estate and stuff that I like and appreciates (art,education)... I'm living well below my means, because I'm still young and you don't need the money until you are like 35. I pay myself 50% of all the money I get in the first day of the month, and live from the leftovers.

Nicky 10-03-2005 03:24 AM
Quote:
Originally Posted by qwe
arent u the guy making 100sales /day with TCG ?
nah that is WeirdGuy :upsidedow

buddyjuf 10-04-2005 06:43 AM
bump for a new crowd!

slapass 10-04-2005 07:25 AM
I have bought a lot of real estate but I am looking at the stock market now. There was a thread on here about what happens over 50 years at 10%. 7k becomes one million. Seems like a few deals like that would be nice.

In the mean time I am blowing huge cash traveling and having fun.


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