And to think, I used to wish I was still 22.......:confused:

I'll take 42, grey hair, a great wife, an awesome firearms collection, a couple of German cars, all the flyrods a guy would ever want, an historic home on a great lot, a full 2500 sq' woodworking and welding shop, and several rental properties any day. :)

In Germany its shameful to brag :dance:

Good thing I live in Utah. :D

I just like their cars.

We sound like a bunch of heroin addicts telling some youngster to stay off the needle.

But what you hear us really saying is that in order for us to become "functional users" of the Porsche high, we've made some sacrifices of time and budget that would have been inappropriate for our overall health at another point earlier in our life, and perhaps for yours now.

Since you are hellbent and determined, enjoy the rush! We'll see you on the other side of Porsche sobriety. But if you crash, literally or figuratively, and can't keep it going, expect to hear some tssk's and "I told you so's."

Welcome to Boxsters Anonymous, my name is Broke, and I am a Porscheholic...

the car you want ?
 

again you said you wanted a car to burn out in stop lights the 986 is not the car for you.

Ha ha, fun thread! My first car that I bought with my own money was a 65 Ford Country Sedan: 6 cyl. three on the tree. Lived in the country for a year after graduating. Never got stuck in 3 foot drifts (not enough power to spin the wheels!).
Now my 01 Boxster S pleases me all to hell! Bought it on a whim in California and imported it to Montreal, Canada. (I'm still working on my road movie, coming soon to Vimeo!)
Great fun doing upgrades in my junky garage, and yeah, it is a bit needy, but better spend money on that than fixing the roof! :)

LOL, Go get'em farmboy!

Don't listen to what these old farts have to say, you are going to love the car!
You're young and NOW is the time to make mistakes. :)

Just don't go burning out the tires, and stressing that 10+ year old engine, these beautiful machines deserve better than that! (You'll see what I mean once you drive it and learn to care for your baby) :)

Neck scarf.. love it! I'm getting a few of those too, and some driving goggles as well. :)

That last post from the polkfarmer tells his a troll, if I ever saw one..

Let's leave this thread for dead..

lol nah not a Madmods one! Although the OP's last post definitely fits in the scope of what M&M would say if deceived like the OP is at the moment.

To Polkformboy: I had your age and my philosophy remains; do what the hell you want as long as you don't physically hurt anyone. Live your dreams fully buddy. All of them... bright colour scarfs collection incl.

Let's wait and see. I bet Polkfarmboy (and parents) has more cash than most of us here. I would also bet that his soon-to-be-his 986 should be one of the sickest around (e.g. supercharged, latest bodykit, ultra-light concaves, strait pipes, etc!). That'd be so funny.

:dance:

Son of Madmods.... or whoever he calls himself now ?

You guy have all been pulled in again (apart from Perfectlap) - 51 threads and the guy still has you on his (laughing) hook !!

Howdy
 

So my best friend actually purchased the very first, first gen Boxster in Oklahoma City way back when (1997?). Anyways that is not the point of me joining. Let's just leave this here: I bought a Porsche on ebay without knowing nothing about it


And you will understand where I am coming from. My user name is same over there as here. This person is a new "troll", not the same one you accuse him of being. And yes, he's that hard headed.

Hmmm more and more Montrealers here :D

Can you do both 3 & 4 at the same time now? Or does #4 have to be a spousal IRA?

Thanks,

Steve

Ps. First car was a late 70's pinto wagon with no ac in FL. 2nd car was a 77 fiat x1/9 I bought for $500 working at McDonald's and my friend's dad helped me fix it up :)

Hey Steve, I am no expert, but, yes, you can have a company 401K/Roth 401K fund and max out at the $17.5. And you can stash away another $5.5 in an after tax self directed IRA account. No tax deductions for the the extra $5.5. Your spose can do the same, so yearly you can bank $46,000 away. If you turn 50 years old this year, add another $11,000 ($5.5 each) to the "catch-up" at your company's plan. For a grand total of $57,000.:)



RIGHT RANDALL?????????

This has to be Johnny Danger. He's been conspicously absent since Justin Bieber skinny jeans "I only have to $11K to run an out-of-warranty Porsche" came along.

p.s.
Nothing wrong with being young and driving a sports car. Thanks to a the car market there's a car out for every budget that is a fixture at every track day and atucross, you can have just as much fun in a Miata or Mustang as you can in Porshche. But going with an expensive to maintain Porsche before you can even get enough borrowed money to buy even new Hyundai Elantra (great car) is not really fair to the Porsche. It already got the short end of the stick by zee Germans with the IMS, AOS, coolant tank and some questionable cost cutting in the engine. And now you want to put the poor thing through low budget ownership and red light drag races? What kind of parents are you!! Mr. Skinny Jeans needs some American Muscle with plenty of airbags. Once his driving skills include actually turning the wheel left and right then maybe the Porsche's talents will not be lost on him. In order to appreciate a world class handling sports car, you need to experience other respectable cars first. Imagine if everyone drove a F458 MC? No one would know why the car is so good in the first place.

Well, if you're 35, polkfarmboy, you really like to bang your head on the wall. Buying a Boxster without seeing it in person first is just like playing the lottery (or the russian roulette). Well, please do tell us if you ended up buying a gem, or not.

Really Odd stuff mate, but nice find ;)

Haz, Perfectlap..... you both should go apply for a position in a police dept near you. Well spotted :o

make this thread stop, please.

http://img404.imageshack.us/img404/6676/xlg3.jpg

:D

THIS.

spent two years in federal law enforcement in which people were trying to pull one over on me on a daily basis, real whoppers too. From drug dealers (tons), to mafia gangsters, money laundering types, tax-evaders, tractor trailer driving meth addicts, pedo's and even people who decided to light up a doobie on a federal property (not too smart) with tons of agents all around.

I just play poker alot

For record, Johnny Danger is not playing a ruse on the forum. Polk Farm Boy appears to be a legitimate member, albeit a dolt when it comes to taking good advice.

This... Exactly.

Not sure why he bothered asking your groups advice.... Which is very wise, if he already had his mind made up.

Yeah.. he beat me to it. I went to college in Grand Forks, and if this is going to be your only car, forget it. I know people use these in the winter.. but North Dakota is more like the North pole. I tried to use a 944 for a short time and it just wasn't realistic; the weather is HARSH on these or any cars, 8' foot snow drifts, highways closing, roads poorly plowed, nobody knows a damn thing about them, good luck trying to find parts locally, etc, etc. Wasn't long before I was back with a cheap used A4.

Since you're going to buy it regardless of what we say; there is nothing wrong with the 2.5 - find one with a recent clutch as that's probably the most expensive wear and tear item. Service records are very important - if you have to finance the car, then I promise you won't be able to afford to bring a neglected example around. Lastly, I'd recommend keeping it stock. These aren't Honda clown cars to trick out and buzz around in. They're precision machines with a lot of heritage and history behind the badge deserving of respect. I doubt many "mods" can improve upon Porsche factory know how.

Good luck on your search

My First car was German also!
 

Farmboy,
Go for it but just understand the cost around this beast and that a good Porsche mechanic usually have worked on these cars for years.
Enough of that, My fist car was a 79 VW Diesel Rabbit a whole 58 hp and 48 mpg and was not able to buy another German car until I was 48 and love every minute behind the wheel of my Box.

I just checked these out and you can do both 3 & 4 :) The ability to contribute to an IRA and have it be deductible or a Roth IRA phase out based on your income, with the limits being higher if you are filing married. I am not sure of the benefit of contributing to an IRA if it is not Roth and is non deductible since you have to pay taxes when it comes out but I am sure there must be one :) I will check it out further, thank you!

I don't recommend tire burning starts at green lites. Firstly racing on the street is not safe and two, the Boxster is not a good burnout car. Why? I get a real strong clutch smell when I do and if you do it too often and you burn out the clutch that is big $$$$$.....just trying to help!

Never did it with my box and never had the idea to do ;) but what a fun in twisties !

great advice from a contributor to Ritholtz's blog

"One of the little tricks that we have done over the years is increase the percentage taken out of our pay in 401ks and 403bs by 1% every time we got a pay increase until we bump against the maximum permitted deductions. I would try to do 2% in years when the markets were tanking. You didn’t even know the money was missing because you had never had it before. Years when pay increased by inflation or less only, you would feel a small pinch, but in years when pay went up more than inflation it still felt like your pay was rising.

Doing this allowed us to increase our savings rate from 6% of pay to almost 20% (including the catch-up contributions) over the past 20 years. Employer contributions have typically added another 3% to 15%annually (variable depending on employers) to that savings rate over that time period. It adds up over time."

I think it because the gains are not taxed until you take the money out in retirement, and hopefully I'm in a lower tax bracket then. I think that's why my guy has me doing it.:)

Good Golly..................We went from the above to this................



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Quote:
Originally Posted by steved0x View Post
I just checked these out and you can do both 3 & 4 The ability to contribute to an IRA and have it be deductible or a Roth IRA phase out based on your income, with the limits being higher if you are filing married. I am not sure of the benefit of contributing to an IRA if it is not Roth and is non deductible since you have to pay taxes when it comes out but I am sure there must be one I will check it out further, thank you!
great advice from a contributor to Ritholtz's blog

"One of the little tricks that we have done over the years is increase the percentage taken out of our pay in 401ks and 403bs by 1% every time we got a pay increase until we bump against the maximum permitted deductions. I would try to do 2% in years when the markets were tanking. You didn’t even know the money was missing because you had never had it before. Years when pay increased by inflation or less only, you would feel a small pinch, but in years when pay went up more than inflation it still felt like your pay was rising.

Doing this allowed us to increase our savings rate from 6% of pay to almost 20% (including the catch-up contributions) over the past 20 years. Employer contributions have typically added another 3% to 15%annually (variable depending on employers) to that savings rate over that time period. It adds up over time."
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Quote:
Originally Posted by steved0x View Post
I just checked these out and you can do both 3 & 4 The ability to contribute to an IRA and have it be deductible or a Roth IRA phase out based on your income, with the limits being higher if you are filing married. I am not sure of the benefit of contributing to an IRA if it is not Roth and is non deductible since you have to pay taxes when it comes out but I am sure there must be one I will check it out further, thank you!
I think it because the gains are not taxed until you take the money out in retirement, and hopefully I'm in a lower tax bracket then. I think that's why my guy has me doing it.


Gotta love circular logic..................Along with people patting themselves on the backs for being Sherlock Holmes

It has been an interesting thread with many diverse paths :) And multiple pieces of valuable information :)

You guys should check out the same thread I posted earlier to the Polk forums... he finally got it.
Now the countdown begins until he drops his transmission at a red light trying to drag race. I already asked him to meet up and see if he can outrun my 550 :)

Dude, I would stay far far away from this yahoo. Glad I'm on the coast....

That actually is good advice. If you follow his posts on our audio forum you'll see he's quite accident prone. He might ram it into my car or something to that effect.