Quote:
Originally Posted by 818BoxsterS
I think to own a Porsche while still a teen takes more than just money. First not many our age know about this affordable beauty
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The Boxster is affordable only relative to other Porsches. It is by no means an affordable car. On more than one occasion I've had to write checks that ran bigger than the purchase price of my first three cars. Some say "but you can do your own work", but that requires the tools ($) the space ($$) and knowledge ($$$) that most teens do not have or have access to. As older adults you then have to weigh having someone do the repairs for you vs what the costs are for you to be doing something else in that time.
Either way, I would say that repairs and maintenance will in the end be the real expense not really the purchase of the car. The nature of a sports car is not like a road car that can be driven below a certain margin, the older a sports car gets the more miles it sees, the more attention it requires to get you back at the level the factory's engineers intended. Now add to the fact that this a boutique German brand that require expensive parts and specialized labor and that sports car margin carries even higher cost. Meanwhile you could be getting the experience of learning to drive at a high level with cars costing less to purchase and significantly less to operate and maintain. Which then frees up money to do other things.
Quote:
Originally Posted by jb92563
True, but the skill to determine the difference between Propoganda, Market Manipulation, plain old BS, and whats real is much more difficult. Its turning regular folks into cunning researchers and investigators.
You will notice that Forum solutions to various problems are generally arrived at by consensus before being trusted as a valid solution. Thats also why its good to document the failures, to save time of others trying alternate solutions.
If a number of people have had success then the odds of succeeding yourself are much improved.
Similarly with FB etc, peer approval is determined by consensus, so the more "Likes" or "Friends" you have the more validated you feel as a person.
The people that grow out of that mindset and don't need validation of any kind are typically the most successful in life and business.
A digression, just short of a rant  |
I agree. But learning to separate the crap from the truth is a journey that takes years and the sooner you start, the sooner your $$$$ can get on the right track. The thing about being young is that you don't realize that you have an incredible advantage -- one that can not be purchased for any amount of money and that is
TIME. The sooner you can get your chips in play, the sooner you'll be on your way to calling all your own shots in life. But when you're young other things are just more interesting to you because your needs are largely being met by others (ie your parents). The guy who sold WhatsApp for $19 billion who was once on welfare with his mother at one point... he wasn't driving a Porsche back then... he was using his time and money to learn how make more money in less time. But he's driving that Porsche now
(seriously his daily driver is a Porsche). He signed the $19 billion agreement with Zuckerberg at the welfare office he used to have to go to with his mother who died of cancer.
Quote:
Originally Posted by particlewave
Sure you do...
I have changed my own tires many times using nothing more than a 2 x 4, a couple tire irons, and a car.
Not the prettiest, but it works fine. |
What about the balancing?