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31 May 2012 | 16 replies
Yeah I just can't bring myself to buy a new car.The car insurance,car payment,depreciation just makes new car one of the worst investments ever.Some of my friends say "But I have to have a brand new car so I have reliable transportation to get to work".It's a cop out and there are plenty of cars not brand new that will work.People want to justify making bad decisions.I am a car guy myself and my first business was a car audio shop so I can fix most of the stuff myself.My brother also owns a used car dealership and can get me awesome cars at the private auction for cheap.What I care about is the mechanicals.The paint and interior is cheap to redo.I look in the paper sometimes at new cars and can't believe the prices they are asking.If you bought a new car it's like someone beating you up and taking thousands of dollars once you drive off the lot.If you want a newer car you look for the sweet spot of under 50k miles that is 2 to 4 years old.Those vehicles have depreciated hard but still have a lot of miles on them to go and you can still get good financing.Those vehicles go fast so you have to be ready to act.I have always wanted a Ferrari but I think it would be cheaper sometime just to rent one for a few days and get it out of my system for awhile.
7 February 2013 | 28 replies
So some making a fast buck trumps all other.
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8 June 2012 | 22 replies
Can you function well under pressure and in a fast paced environment?
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9 November 2013 | 22 replies
Repetition bores me REALLY fast.
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23 June 2012 | 5 replies
At that very moment I knew that I would be in real estate for the long haul.So fast forward to today, Im an active real estate investor.
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12 August 2012 | 32 replies
It's a fast game and looks rough, what would be a foul in BB seems what you're supposed to do, wrapping up your opponet, block and push off.....hmmm, looks like fun!
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31 December 2013 | 5 replies
If you take on a bunch of inventory that isn't saleable you can lose your shirt real fast.
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14 December 2012 | 28 replies
The last month of the summer we were working as fast as we could and I wasn't tracking the numbers until all the younger boys got in school.I didn't know I could sell it occupied.
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9 October 2012 | 14 replies
The typical investor rules are fantastic with regard to risk (markets can move fast) but they do not have an adjustment factor for historically low rates.