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Old 12-22-2002, 03:48 PM   #251
Kimmykim
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Sounds like the perfect car for a guy who can't manage a clutch.
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Old 12-22-2002, 03:51 PM   #252
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Quote:
Originally posted by BradShaw


I am sure all hell is about to break loose, so I will let people implode on their own while I go take a drive in the nice weather.
note to IRS agent:
it's a PLEASURE ride, not business,
thus it's not tax deductable.
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Old 12-22-2002, 03:57 PM   #253
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Wow! I was starting to get very pissed at myself for wasting so much time reading this thread. In the process, I icqd someone here that I didn't know before and now we arranged a generous traffic deal. Thanks Brad!

It's nice to see Peaches and Ron making amends and I learned a couple things about investing. I love the Samsonite story too. I had no idea.

Creating your own luck... It's funny because me and my family were in a deep discussion about this very subject last night. I used to be such a pussy about everything and I hated taking risks. The more I accepted that I simply had bad luck, the more I would lose. I know now the worst thing that can happen is that I lose everything I own. I've done this several times and now it's not so scary. It's not that difficult to build back up if your goals are high to begin with.

I wanted to be a real estate when I was 18 and my parents strongly discouraged me from doing it. They said no one would ever take me seriously. My family was also appalled by what I do on the internet, but now they say very little since I make more money than my Dad who has broken his back at the same job for over 30 years. I think I have a better start than most who make 10 times what I do because I have not one single bill.


I hope to learn the "correct" way of building several nest eggs for myself by investing but I honestly have no clue as to where to begin. Anyway, enough rambling, I've enjoyed this thread.
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Old 12-22-2002, 03:57 PM   #254
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ahhh fuck it.



Brad
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Old 12-22-2002, 04:24 PM   #255
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Brad,

Did you get the Ferarri so you could run away faster?
AHAHAHAHAHAHA

Brad wrote regarding KK:
Quote:
FM, maybe once she pays me back the $30k cash loan I made for her kids boarding school, I will get me a viper. But based on the stats I have seen from her new spamming project, it may be a while
Hope your latest lady sees the personal details you broadcast about KK....you'll be seeing the same said about you too.

He has NO class.

FM wrote regarding Brad :
Quote:
Did you ever see him listen to anyone, why would KK be any different, he won't be taught anything, by anybody. He knows it
Another pearl! Most veterans in this biz realise that the more they learn.The more they find out how little they know.

Also KingK7.....
I don't know dick about you or greentea.I can only judge you on what you post.

With that in mind,I would do business with greentea whereas I wouldn't give you the wind from my ass.

(Note: I'm shutting up about the automatic debate as my Porsche is)

;)
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Old 12-22-2002, 04:25 PM   #256
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Originally posted by fantasyman


IMX did you ever hear the expression "the road to hell is paved with good intention"?

That what can happen when you live above your means by using your assets to leverage against.

In a few cases, borrowing money can give you the added cashflow necessary to maximize your ROI. In most instances though,borrowing money is what gets you into trouble.

That said, yes, taking a loan out to purchase a house is how to get started. But you should have a plan to pay down your mortgage faster than the terms of the loan by making additional payments against the principal each month. Otherwise, you will pay twice as much money for the house, just look at a truth in lending paper on any mortgage. If you make the monthly payments for 15 or 30 years the only write off you have is the mortgage interest.

It also depends on your age. If you're young, purchasing a house will be your largest investment and will help you start accumulating wealth thru equity. Once you have equity in your home, you can get an equity line of credit on your home loan so that when you purchase a car, you purchase it by taking additional loan against your house equity. This way you can deduct the interest you pay out for a car. If you just take out a loan on a car, you can't deduct any of that interest.

Be very careful not to borrow money you can't afford to pay back or you will lose all of you assets by defaulting on a loan. This has been the demise of many wealthy people, leveraging everything they have to live a better life style. When they finally can't afford to service their debt, they lose everything and who is the benefactor? The bank or lending institution ends up with all the assets you worked so hard to acheive.
I couldn't agree with you more.

Most of you should read the book "the Millionaire next door" its a great read.
Most millionaire's I know that are old money that built there own wealth don't have nice cars or expensive watches etc. but they will never have to worry about money again.

like most Ball players or movie stars who make millions but still live beyond there means will be broke as soon as they lose there contract or are washed up in the industry. I see it all the time in LA

Just like most... my Father also came to the states without speaking a word of english with $2 and a suit built a very large construction company in LA from hard work and a dream and invested in real estate in LA,seattle and now florida. He is retired now and living well.

I only hope to accomplish half of what he has.

I have spent alot of my money foolishly but now with a baby on the way. I've got new priorities and have learned to listen to the wiser and make better business decisions like investing in real estate

Once you learn how to make money its easy the hard part is holding onto it.




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Old 12-22-2002, 04:26 PM   #257
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""""Sounds like the perfect car for a guy who can't manage a clutch. """"

Someone get Brad some ice for that BUUUUURRRRRNNNNNN!

ahahahahahahahahaha
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Old 12-22-2002, 04:27 PM   #258
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I have spent alot of my money foolishly but now with a baby on the way. I've got new priorities and have learned to listen to the wiser and make better business decisions like investing in real estate
AMEN!!!!
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Old 12-22-2002, 04:29 PM   #259
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Roger - Congrats on the baby news. Get LOTS of sleep, you are going to need it!
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Old 12-22-2002, 04:31 PM   #260
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Originally posted by Nickatilynx

Also KingK7.....
I don't know dick about you or greentea.I can only judge you on what you post.

With that in mind,I would do business with greentea whereas I wouldn't give you the wind from my ass.
Let's just keep it that way
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Old 12-22-2002, 04:35 PM   #261
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Congrats Roger!! Yes children change everything don't they? Excellent news

Hey Zebra, we need to talk...
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Old 12-22-2002, 04:44 PM   #262
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Roger - Congrats on the baby news. Get LOTS of sleep, you are going to need it!
Thank you Zebra and RRRed

I am very excited about having a baby girl. first thing I'm going to invest in with her is a shotgun. LOL

My Parents used to get on my case all the time about how I spent my money and they always told me once you have a child you will start to watch your money more carefully and invest properly. They were right as usual

But I have to say I've had a great life and have experienced many things its just I have new priorities now and its not just about what I can do for myself but what I can do for my daughter.

My father said everything he has built and done has been for me and my sister, now I understand.

I have everything I need and most things I want.
but the only thing that matters once I'm gone is my blood I leave behind.
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Old 12-22-2002, 05:00 PM   #263
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Congrats on the new baby Roger !!!!!!!
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Old 12-22-2002, 05:04 PM   #264
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PornKings - you can have nice cars, nice homes, and nice jewelry AND invest if you make enough.

The millionaire next door is not talking about the MULTI-millionaire. Its great to have enough money stashed away to not have to worry about money on a certain lifestyle. The question is can you raise your lifestyle while simultaneously investing and protecting money to continue that lifestyle beyond living month to month spending all you make to have nice cars, houses, jewelry.

Brad - nice car but since I bought a Ferrari about 6 months ago I don't think I'll buy another I have an SL 55 and its by far the best performing car I've driven. What else is great is I live in a fairly small town and the rear right brake locked. I made an apt at my local MB dealership, dropped it off, and within 45 minutes my car was fixed!

FM - borrowing money in business is the only way! OPM :D However, I agree, personally its not worth it. Don't take notes on cars, jewelry, or homes! However, I use banking relationships all the time to purchase apartment and office complexes (80/20). Allows me to secure large pieces of property, earn a good cash on cash, and let my tenants pay down the note so I eventually own it out right.
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Old 12-22-2002, 05:05 PM   #265
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pornkings,

Sounds to me like your baby is going to have parents as good as you did.

Congrats man

The job I think of a parent is to give their children as many options as they can
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Old 12-22-2002, 05:11 PM   #266
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PornKings - you can have nice cars, nice homes, and nice jewelry AND invest if you make enough
And you would know , Marc de!!!!
You make me look like I'm on welfare!!!



Ferarris ,I've had a few, all used,and they have the reliability of a
fiat!!!! errr ,,,,,,surprise ;)

I love the sl55 but can't at this moment warrant spending the $$$

Me? I like german cars and of course Bentleys

And except for my wife's...I always get used ones.1 or 2 yrs old.
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Old 12-22-2002, 05:16 PM   #267
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What else is great is I live in a fairly small town and the rear right brake locked. I made an apt at my local MB dealership, dropped it off, and within 45 minutes my car was fixed!
LOL, Marc, you live in a fairly RICH small town Where I am, we have TWO dealerships - Ford and Chevy. The nearest import dealership OR mechanic is 60+ miles away.
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Old 12-22-2002, 05:24 PM   #268
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Peaches ROFL I wouldn't say rich but when I say smaller I mean in relativity to Chicago, LA, Detroit We have 250k peeps so we do have BMW, Benz, Jag, Audi dealership (no Lexus, Exotic, Bentley, Acura)

PornKing - congrats on the news My baby boy is 8 months today and we have a 2nd on the way! I love being a Father.

Nick - don't get carried away, you know you've been on food stamps for years :D
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Old 12-22-2002, 05:33 PM   #269
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You're right, he posts just like him too. He's a Brad Shaw Clone

KingK why don't you try and adapt your own style and stop the hate?
Ron are you crazy messing with this guy? he has OVER 1000 GFY POSTS! that makes him a playa

I thought you made most of your money shooting high-stakes 9-Ball!
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Old 12-22-2002, 05:35 PM   #270
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Wow, that's a long drive, maybe the car broke down again? ;)

Congrats to both Roger and Marc, on the stork appts, just wait until your kids are old enough to understand the holidays. I waited til my son was home from school to do our adopted angel shopping, it's one of the things he's come to love about Christmas, especially since he's knows what kids like. We're making cookies tonight and trimming the tree
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Old 12-22-2002, 05:35 PM   #271
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Nick - don't get carried away, you know you've been on food stamps for years
I know

Please send money!!!

;))))
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Old 12-22-2002, 05:42 PM   #272
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Originally posted by BradShaw
BTW, 80%+ of the Ferrari's sold these days have the f1 transmission. Same set up as used in f1 race cars. Drives like a stick shift, with no clutch and shifting with paddles. You shift gears up and down, like a stick shift. They are sold at a premium price over 6 speed ones BTW. And for a Ferrari going down in value, they actually go up. A 360 new can be ordered for 170k, and held for 2 years and you would get 170k out of it.

I was looking at an S55 recently. They are 120+, and a year old with 10k miles, they drop under 90k. Hope you did not buy a new one FM. That is a hell of a hit.

Here is one with 30k miles for 40k+ under what guy paid for it a year ago...

http://cgi.ebay.com/ebaymotors/ws/eB...m=18749909 37

I am sure all hell is about to break loose, so I will let people implode on their own while I go take a drive in the nice weather.

Brad you're really showing your ignorance - first of all it's an '03 SL55 and there are still less than 50 on the road in the US. The S55 is an oldie. http://www.canadiandriver.com/previews/03sl55amg.htm

You don't need to worry about resale on your Ferrari, you have it on a 5 year lease, unless you have an open ended lease. If so, you'll be toasted.

What year is your Ferrari? I heard you bought a used Ferrai?

Don't forget to take your meds before you go out
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Old 12-22-2002, 05:46 PM   #273
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Congrats to Roger for your upcoming baby girl. Only a few months now, I bet you'll make a great father. Same to Marc De, congrats on your 2nd!

As for those of you who are investing in real estate, do you have any suggestions on how you get started. I have some personal investments right now in some relatively low risk mutual funds and I would like to get into real estate myself but not to the point where my investments take more time than running my company.

My company is my life and I love it to death so I am just looking to leverage my personal investments and I know real estate is relatively safe and better yield than my current investments.

Thanks everyone and congrats to the father's to be.
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Old 12-22-2002, 05:50 PM   #274
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Originally posted by Marc De

FM - borrowing money in business is the only way! OPM :D However, I agree, personally its not worth it. Don't take notes on cars, jewelry, or homes! However, I use banking relationships all the time to purchase apartment and office complexes (80/20). Allows me to secure large pieces of property, earn a good cash on cash, and let my tenants pay down the note so I eventually own it out right.
Marc you're a young guy, you have a different outlook than I do because I'm an old man. Congrats on your investments, that's awesome.

If I were to be buying Apartments or Office Buildings I would be doing the same thing, obviously.

So do you love your SL55 or what? It's the ultimate in a fast luxury car with a comfortable ride.

Have you heard about the Mercedes V12 Twin Supercharged four-door their coming out with next year? I put an order in one already. It will be my girlfriend's car.
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Old 12-22-2002, 05:52 PM   #275
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Originally posted by dig420


Ron are you crazy messing with this guy? he has OVER 1000 GFY POSTS! that makes him a playa

I thought you made most of your money shooting high-stakes 9-Ball!
You mean I blew it? Uh-oh
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Old 12-22-2002, 05:57 PM   #276
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You mean I blew it? Uh-oh
Oh no, I've got almost 2000 posts... better watch out for me too FM...

I'll be the skinny pale whiteboy in Vegas... =P

you gonna have those badass cybererotica polo's like last year? I forgot to get one, wished I would have when I saw someone wearin it later, ;)
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Old 12-22-2002, 06:00 PM   #277
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Ron - SL 55 is absolutely amazing.

You put an order in for the $300k Maybach? Or one of the CL or S 600's? The '03 models have the supercharged, 500 hp / 600 ft lb turbo V-12 as well. I'm waiting on specs of the new 760Li from BMW. I want to see if they plan on playing ball with Bentley and Benz on the super high powered, ultra luxury sedans or not... If it has 450hp or more I'll get into one of those

Real Estate and Restaurants are where I've been putting my money. Want a some-what predictable, fairly safe, high return investment go into casual dining restaurants (over 1 trillion / year biz).
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Old 12-22-2002, 06:05 PM   #278
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Marc De--

Hospitality Industry is big, and a nice to mix with real estate.
Franchise resteraunts?
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Old 12-22-2002, 06:08 PM   #279
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Oh no, I've got almost 2000 posts... better watch out for me too FM...

I'll be the skinny pale whiteboy in Vegas... =P

you gonna have those badass cybererotica polo's like last year? I forgot to get one, wished I would have when I saw someone wearin it later, ;)

Just curious drew, why did you remove sic from your sig? Are you really that embarassed because of who you work for?
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Old 12-22-2002, 06:09 PM   #280
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now would be a great time to have a grey pupon commercial!!!!

btw ron and marc, send me some traffic. thanks fellas.. seya on the yacht in the pacific this summer )
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Old 12-22-2002, 06:11 PM   #281
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Originally posted by Marc De
Ron - SL 55 is absolutely amazing.

You put an order in for the $300k Maybach? Or one of the CL or S 600's? The '03 models have the supercharged, 500 hp / 600 ft lb turbo V-12 as well. I'm waiting on specs of the new 760Li from BMW. I want to see if they plan on playing ball with Bentley and Benz on the super high powered, ultra luxury sedans or not... If it has 450hp or more I'll get into one of those

Real Estate and Restaurants are where I've been putting my money. Want a some-what predictable, fairly safe, high return investment go into casual dining restaurants (over 1 trillion / year biz).
Thanx for the info Marc Maybe I'll play around with some more real estate, you've inspired me, that's a switch, ey? lol

Is the 760Li the same body as the 745IL?
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Old 12-22-2002, 06:14 PM   #282
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Is the 760Li the same body as the 745IL?
http://www.fast-autos.net/bmw/760pics.html
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Old 12-22-2002, 06:15 PM   #283
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Ron are you crazy messing with this guy? he has OVER 1000 GFY POSTS! that makes him a playa
Yeah, I got like 150k hits to my beasty gallery on thehun last week, I am el33t.
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Old 12-22-2002, 06:19 PM   #284
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Just curious drew, why did you remove sic from your sig? Are you really that embarassed because of who you work for?
Edit: Sorry, Im a bit defensive tonight... =)

No, Im not embarassed to have the sig, it has nothing to do with any of these posts... =)

I think thats a big enough clue.

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Old 12-22-2002, 06:28 PM   #285
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PornKings - you can have nice cars, nice homes, and nice jewelry AND invest if you make enough.

The millionaire next door is not talking about the MULTI-millionaire. Its great to have enough money stashed away to not have to worry about money on a certain lifestyle. The question is can you raise your lifestyle while simultaneously investing and protecting money to continue that lifestyle beyond living month to month spending all you make to have nice cars, houses, jewelry.

Brad - nice car but since I bought a Ferrari about 6 months ago I don't think I'll buy another I have an SL 55 and its by far the best performing car I've driven. What else is great is I live in a fairly small town and the rear right brake locked. I made an apt at my local MB dealership, dropped it off, and within 45 minutes my car was fixed!

FM - borrowing money in business is the only way! OPM :D However, I agree, personally its not worth it. Don't take notes on cars, jewelry, or homes! However, I use banking relationships all the time to purchase apartment and office complexes (80/20). Allows me to secure large pieces of property, earn a good cash on cash, and let my tenants pay down the note so I eventually own it out right.
tell that to all the ball players and many others who are broke now and made multi-millions and didn't live month to month. Shit happens.

Also congrats on your new born I have 4 months to go.
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Old 12-22-2002, 06:29 PM   #286
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Congrats on the new baby Roger !!!!!!!
Lars whats up. Nice seeing you in Florida looks like we both need shotguns LOL.

We need to catch up its been a while
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Old 12-22-2002, 06:39 PM   #287
DrewKole
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Since someone else realized I took off my sig in the other post...

I just recently quit SIC... No drama to mention.

Last edited by DrewKole; 12-22-2002 at 06:41 PM..
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Old 12-22-2002, 06:43 PM   #288
Pornkings
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Quote:
Originally posted by DrewKole
Since someone else realized I took off my sig in the other post...

I just recently quit SIC... No drama to mention.
I did notice the sig gone. so whats your game plan now?
You going to go on your own or try to find a job with another company.

Good luck in whatever you decide to do. No drama shit happens
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Old 12-22-2002, 06:58 PM   #289
DrewKole
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Quote:
Originally posted by Pornkings

I did notice the sig gone. so whats your game plan now?
You going to go on your own or try to find a job with another company.

Good luck in whatever you decide to do. No drama shit happens
Just getting through the holidays, and gonna have some fun in Vegas... Taking it slow, and not rushing into anything. =)

We'll see what happens.
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Old 12-22-2002, 07:04 PM   #290
BradShaw
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Lens, are you having all the DVD players I have "earned" over last few months delivered all at once?

Marc, SL55 is too classy for me;-)
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Old 12-22-2002, 07:10 PM   #291
p1mpdogg
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Quote:
Originally posted by BradShaw
Lens, are you having all the DVD players I have "earned" over last few months delivered all at once?

Marc, SL55 is too classy for me;-)
its pretty hard to match class with someone that has none of it.
fag.
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Old 12-22-2002, 07:16 PM   #292
greentea
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Quote:
Originally posted by DrewKole
Since someone else realized I took off my sig in the other post...

I just recently quit SIC... No drama to mention.
Congratulations drew, best of luck to you

Who else is left at that sinking ship?
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Old 12-22-2002, 07:20 PM   #293
topal
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what the hell is going on buddies? havent you see any cars around your streets?.. its just a f** car and you should have it if you do your job well.... stop dribbling guys... just find a proper work on a proper place....
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Old 12-22-2002, 07:21 PM   #294
DrewKole
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Quote:
Originally posted by greentea


Congratulations drew, best of luck to you
Appreciate it, Apologies for any of my harsh words.
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Old 12-22-2002, 07:22 PM   #295
topal
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we have 10-15 ferraris/street on Italy.. hehe.. US porn money flooding on our bank accounts....
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Old 12-22-2002, 07:27 PM   #296
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Quote:
Originally posted by DrewKole
Since someone else realized I took off my sig in the other post...

I just recently quit SIC... No drama to mention.
Drew, as we say in Hebrew...
Mazal Tov!
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Old 12-22-2002, 07:28 PM   #297
DrewKole
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Quote:
Originally posted by Serge_Oprano


Drew, as we say in Hebrew...
Mazal Tov!
My bar mitzvah was a looooooong time ago. =P
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Old 12-22-2002, 07:29 PM   #298
Serge_Oprano
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Quote:
Originally posted by greentea


Congratulations drew, best of luck to you

Who else is left at that sinking ship?
Tanker's leftovers?
;-))))
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Old 12-22-2002, 07:30 PM   #299
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Quote:
Originally posted by DrewKole


My bar mitzvah was a looooooong time ago. =P
if youi miss your circumcission, I can do it free of charge
;-))))

I am bonafied moel....
;-)))
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Old 12-22-2002, 07:32 PM   #300
greentea
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Quote:
Originally posted by DrewKole


Appreciate it, Apologies for any of my harsh words.
Likewise drew
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