Quote:
Originally Posted by Perfectlap
nope. It means keeping your cash in cash. And not spending it on something that is only going to lead to more spending. In the interim learn the very basics of investing. Investing for dummies, read about Warren Buffett, go to wikipedia, talk to a friend whose in the investment business, just get started in some way. Stop talking to only young people who only care about Range Rovers and iPhones.
Don't invest a dime until you've covered that ground. Then learn the difference between investing and trading(gambling/speculation). That there is more than enough to keep you busy. Remember when it comes to handling your money, you always want to be the smartest person in your group of friends, not the most conspicuous spender.
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actually i have cheap ass friends who drive hondas and mazdas with flip phones, on the other hand i have the sports coupe/ pony car and a cousin with a s2000 and soon a carrera ( once he comes back from Ft benning). though i do prefer to have my money work for me, but until i find out how to make it work, then i might as well spend some, not all. also range rovers are overrated just like iphones. suburbans and samsung S4s is where it's at. shoot after i get my bachelors i would prefer to open my own car dealership which seems to be a good gamble, but everyone needs used/ new cars.
Quote:
Originally Posted by Highlow
I can't speak for you personally because I don't know your financial situation, but I bought my boxster at 18 and have been in school since (22 now). No issues relating to school, no scratches, vandalism, etc.
I haven't once regretted it.
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i did the stupid thing and spent too much money with my fellow soldiers on alcohol, food, and girls, came home only with enough money for a low mileage v6 mustang or a high mileage GT, took the v6 and been beating myself for buying it, and recently learn to love it knowing that mustangs can suprisingly handle. not great, but good enough to stay on a similar year miata... with a few upgrades.