how about this one? spend the money saved on this instead of an escalade and invest in some bling
http://www.toyota.com/vehicles/minis...rid/index.html

Still, WG, money is not made only to be saved. What matters in the end is your well-being...

Btw, living in a much bigger place isn't necessarily much more costly.

dont you also profit the property itself, since at the end the building is yours and you no longer owe the bank any money?

No thank you, I only really buy type-in domains, and I don't really want to do much in adult anymore.

I don't like the look of it, sorry.
WG

you basically got a house for a 20% down payment + any bs you have to put up with tenants. risks are possible property damage and 6 month evictions where you get no income.

why thank you, let's take it as a 10% down payment and as long of a term as possible

I'm finding that the older I get (I'll be 34 on the 11th), the less I spend. I actually enjoy being somewhat frugal and saving every penny I can for investments or business expansion. I guess after years of accumulation, my needs are diminishing.

I don't have a terribly expensive home, but it is in a prime location across the street from Lake Michigan. I built it in 1993 for $192,000 and paid it off within 10 years. It was recently appraised at $345,000 so my only real personal liabilities are insurance, taxes, and general living expenses.

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

I would love to know how much some people on GFY have saved up in their bank accounts....

hmmmmmmmmmmm :)

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

You are possessed by money :winkwink:

very fucking true...

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

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

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!

:1orglaugh

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

$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%).

I am just being realistic... who knows what the future holds? :1orglaugh

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?

BDJUF, what exactly do you do?

Saving money after you've been taxed on it sucks!

Hoping to increase current flow, so hopefully a chunky savings account.

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) :)

1+ million net worth by the end of 2005 is my goal ..

hey that's great!

are you almost there?

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

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.

arent u the guy making 100sales /day with TCG ?

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

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.

nah that is WeirdGuy :upsidedow

bump for a new crowd!

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.