Took the Boxster out for date Saturday

[pinoyfiend]

Don't be down on yourself, times are changing, kids are getting younger and richer, no way in hell would I have thought I'd be where I am now at 28. Retiring at 30 is nowadays a possibility. Still crossing my fingers! My brother is just turning 20 and owns his own house!!!! Sure he wanted a porsche.. but I didn'l let him, I guaranteed to him though he would have his Ferrari by 25. There are just so many oppotunities now compared to the past.

[blinkwatt]

I plan on buying a house by 23, 993 or Boxster S(havent decided) at 25, 360 Modena at 30.

[bigislandboxster]

Wow,
Must be nice to have been born with a silver spoon in you mouth....or not....how the hell can you afford that at that age? Or am I too old to figure that out? Sorry to sound judgemental, but I've never been rich , and that just doesn't sound possible without a little help from somewhere else....Not that theres anything wrong with having some dough.....

[aBsOlUt]

I've been lucky enough to have one of the first ever build Z4 at the age of 18. Now, being in college the Z4 attracted more than enough attention. I must admit, girls and guys would comment on the car saying how beatiful it looks.

Fast forward 3 years and the Z4 is gone and switched with a slightly used (7000 miles) 2004 triple black 986S. I fell in love with the car at first sight and at first test drive.

I am 21 now, close friends and mostly guys would comment on the car more now than girls. I don't know, the Z4 was more modern, more new - besides a common girl/lady would never notice a 986 from a 987...so I havent received so many comments by girls.

What I am trying to say is that while Porsche cars are more superior to BMW cars, the "bimmer" marketing always wins. I dont know maybe I am completely wrong but these apply to Charlotte, North Carolina where I live currently and with an average age radious of 18-24. Heck, some girl did not even know what a Porsche is!

While its always good to get good comments, I have passed the immature state. I now enjoy my driving and I understand the difference between cars. I do not like to promote them to get a girl. I think of it since I am fortunate enough to have one at this young age, just like you are getting dressed up to go out and you wear your good clothes, I also "wear" my good car.

[blinkwatt]

Its not like my parents buy me anything except the food in the house I eat. I work almost 40 hours a week for $9 a hour w/benefits and my side job for eBay. I'm lucky enough to know how to manage my money at a young age(18). I think many young people would have more money to live a higher quality life if they realize a couple of things;moving out as soon as you are 18 is one of the worst finicial decisions you can make and they should be riding out their parents until 22 or 23 if possible (you NEVER see the rent money again,instead it could be saved for a down payment on a house). All this technology,iPods and such are waste in my opinoin because they all devalue fast and instead they money should be put into the stock market(I will venture in this area shortly).

[986Jim]

I get the gears from my neighbours, family and friends too, I know how it is. I'm 29 and my wife 26 and we own a pretty nice house, have the Boxster and a Jetta that's all done up too.. I have the Talon and bikes and a lot of other fancy crap in the house (Plasma Tv's really nice furnature etc..) so people always assume that my parents bought it for me or the Boxster is my dad's car etc..

Honestly it kinda stucks, because we work hard and make good money and spend it wisely and because of that have nice things. People always assume that my parents bought it for me or that its a rental etc.. It's really a pain in the ass.

On the contrary I moved out at 18 and it taught me to control my money better. I find kids who live at home waste their money on things like cars and never learn to save it. I'm not saying that is your situation blinkwatt however it is the case of many kids your age. I'm a licensed Investment Consultant for Canada's leading investment bank and see kids waste their money all the time on dumb stuff. It seems the first thing they do when done school is take a 30k loan for a car they don't need and can't afford or worse yet lease it.

[denverpete]

Originally Posted by blinkwatt

Its not like my parents buy me anything except the food in the house I eat. I work almost 40 hours a week for $9 a hour w/benefits and my side job for eBay. I'm lucky enough to know how to manage my money at a young age(18). I think many young people would have more money to live a higher quality life if they realize a couple of things;moving out as soon as you are 18 is one of the worst finicial decisions you can make and they should be riding out their parents until 22 or 23 if possible (you NEVER see the rent money again,instead it could be saved for a down payment on a house). All this technology,iPods and such are waste in my opinoin because they all devalue fast and instead they money should be put into the stock market(I will venture in this area shortly).

I suppose if it works for you. But I'd like to point out a couple of things.

First, your parents really do pay for alot more than just the food you eat - they also pay for where you live (no small expense).

Second, I don't consider "living with the parents" so you can buy a Porsche to be money management - I consider that to be "sponging". Don't get me wrong, you're 18, I don't see anything wrong with living at home at 18 provided that you're still in school or going to college. If you're not in school then you need to get your own place and start paying your own expenses. You've got enough money to buy, maintain, upgrade, and insure a Porche but not move out or help out with rent?

Third, how much money can you possibly be "managing" at $9/hr plus Ebay? But hey, I guess it's easy to "manage money" when you sponge off your parents.

Anyway, just my 2 cents. Good luck with your plan.

[Pilot2519j]

Originally Posted by blinkwatt

I plan on buying a house by 23, 993 or Boxster S(havent decided) at 25, 360 Modena at 30.

There is a remedy for your illness, as told by Mr. Greenspan, time to correct your exuberant expectations, when he spoke those words it was the kiss of death for the Internet bubble as it exploded like a kids pinata.
All kidding aside no matter what the age young= perv, middle age= your life is in crisis mode searching for answer, and old= must be that dementia hiccup, people like to part with their nasty remarks unto the porschephiles. Though your date's father was obnoxious at least he was not vulgar as the people I worked for when I got mine at 55. In the end you have the Porsche and the babe. I believe that is a win win situation in my book. Good luck with your car and make that Ferrari red that is all I ask.

[blinkwatt]

Ha,you think I plan on keeping the Raley's job at $9 a hour? Im currently doing my real estate training as we speek. eBay makes me alot more then alot of you guys would expect. Who said I was "sponging" off my parents to have a Porsche? I know that paying rent is stupid if you dont have to because I have already lived on my own before. When you buy a house you may see the money again someday,where as in the case of paying rent you NEVER see the money again. Did you guys ever consider that maybe I do certain things like stay in school,maintain the house,watch siblings, and pick up brothers and sisters to stay in the house? It not like I live at home and do nothing.

[TriGem2k]

To say someone is rich or successful because of the things you see they own is stupid I’m sorry. Anyone today can buy whatever they want with the money they don’t have. I’m not trying to take anything away from anyone, but you see too many people drive cars they have no business in. How many people do you know that can walk into a car dealership and buy a 50K car cash with no strings attached? Probably very few. There was a poll not to long back that showed majority owners on this forum own second hand Boxsters, but how many can really afford a brand new one without payments?

The world offers too many ways for you get screwed; they come in for from of Loans, Leases, & Financing

[ralegen]

Originally Posted by TriGem2k

To say someone is rich or successful because of the things you see they own is stupid I’m sorry. Anyone today can buy whatever they want with the money they don’t have.

Here here. I couldn't agree with you more.

Personally, I've had many opportunities to get into a great money making opportunity, but I didn't choose those routes because of my opinion on making money.

There are those who want to make money really bad, and those who let the money come to them. For example, lets compare a sales person to a doctor. The salesman may have to persuade his/her clients on a daily basis to make ends meet or reach his or her dream goal. However, the doctor, who has gone through tremendous study, sits back and answers questions while people pay him for his time.

MONEY <---------------------------------------- SALESMAN

MONEY -------Goes this way --------> DOCTOR


Anyone see what I'm saying? In the end, the victor, in my opinion, is the doctor (or anyone with a wealth of knowledge). Though, it's probably just all based on how you look at it. I'd rather hit the books than scurry towards the pot of gold.

[TriGem2k]

Originally Posted by ralegen

Here here. I couldn't agree with you more.

Personally, I've had many opportunities to get into a great money making opportunity, but I didn't choose those routes because of my opinion on making money.

There are those who want to make money really bad, and those who let the money come to them. For example, lets compare a sales person to a doctor. The salesman may have to persuade his/her clients on a daily basis to make ends meet or reach his or her dream goal. However, the doctor, who has gone through tremendous study, sits back and answers questions while people pay him for his time.

MONEY <---------------------------------------- SALESMAN

MONEY -------Goes this way --------> DOCTOR


Anyone see what I'm saying? In the end, the victor, in my opinion, is the doctor (or anyone with a wealth of knowledge). Though, it's probably just all based on how you look at it. I'd rather hit the books than scurry towards the pot of gold.

I agree with you to some degree...I opted out of college at 19 to pursue a career in real investments. I took 400k in which was saved for me by my parents for college and invested it in real estate rather than education. I would have been the first MALE in my family to go to college but decided not to. I come from a of business men who have taken a similar path to mine and have been very very successful. The knowledge i obtained from just countless hours in my dads office was more than i could have learned in the class room (on the same topic of course). I would have ended up in the same situation with or without college only difference would have been i would have had all 400k to invest.

Today between my father and I there is about 200+ million dollars worth of real estate in California that we own. You tell me what would you have done???

[986Jim]

I'm not sure what all the haters are moaning about. Probablly that they waited 30 years to get this car, and he has it at 18. It doesn't matter how he got it or how much he paid. His ass is sittin in the same leather we are and he's 18, so props to you dude.

BTW I'm only 29 and I'll have a 996 or 997 in less than 5 years time, and I own a house and other toys. So what does that proove? Absolutly nothing. I'm as much of a dumb ass as the next guy.

[mach schnell]

Ill just throw in - don't go to medical school because you think you're gonna make it rich!!!! If someone fronts the bill for your education, you're off to a better start than most! The good ole days of medicine (70's and 80's) are long gone - the decades when being a doctor was a really respective thing in society and a very very lucrative career choice. - now, HMO's are cashing in big time and our reimbursements are getting smaller. Surgeons still make a good a living (money wise) but sacrifice a lot by still working 80+ hours a week (an assumed thing when you're a resident in training, but you hope to achieve a little more liveable schedule when you're an attending).

I tell everyone, who makes the joke about me being loaded - there are a million things I could have done a lot faster and easier if it were about the money. Play doctor cuz it's in your heart, make the $$$$ another way. In my case, hopefully the medical sci-fi novel I'm writing (maybe a future screenplay???- hey it worked for Michael Crichton - wrote his first book, Andromeda Strain while he was third year med student. I started mine during 2nd year)

I'll add, because I'm not done with all my training yet, I get lots a looks and comments because I own a new Porsche.

[ralegen]

Trigemk, that's very impressive; good for you dude.

Going back to the title of this thread, the one thing I did want to mention was the first couple days when I bought this car. The first night, I went over to my buddy's house party, and I ended up with two women in my passenger seat for a quick ride. I drove around the neighborhood (within small streets) topping out at around 23mph because the "seat" is obviously not meant for 2 ppl.

Another time, I took my other girlfriend out. She was very impressed and excited. LOL. It turns out that she ended up telling everyone that I had a Ferrari. We all know how gossip can get around with girls, so at 26, I have been fortunate to be well-known as the Ferrari owner all throughout my friends.

[TriGem2k]

Originally Posted by dbth

But it does not hurt to be rich or successful....

Yes true...and everyone has their own definition of rich and successful

[MNBoxster]

Hi,

Everyone finds their own way in Life, and that's the way it should be. If living with one's parents is palatable to both you and your parents, no one else should really have an opinion on the subject. They may/may have chosen differently, but that's their choice to make. Good Luck!...

Happy Motoring!... Jim'99

[drburton]

You can always do what I did, marry a doctor

[tqtran]

Originally Posted by dbth

However , to have a Modena by 30 , you will need , rich relatives , a career or a lucrative patent or business.

So you think within the next 12 years he plans to live at home and not pursue a career?
To me it sounds as though his lifestyle of "paygo" is a smart one for someone his age. I would wager to guess that he will more than likely attain his goal of getting a Modena by 30 but will probably pass on it and move up to something else.
Also, did you consider that in 12 years a Modena will have depreciated greatly? Think of a 12 year old Ferrari now, like a 348. You can get them for the same price of a new Boxster.
Is that so hard to attain without "rich relatives...or a lucrative patent or business."???
Sorry dbth but you need to get off your high horse.

[BuffaloBoxster]

Just want to interject something here...

When you embark on a career, you're getting started on somthing that could potentially last 30 or 40 years or even longer.

Making money is great, and we all know that it takes more of it than the average person has to be able to afford our beloved Boxsters, to say nothing of a Ferrari! What's really important over the long run is to find something that you are happy doing. If you dread waking up in the morning on a work day, then no car, no matter how wonderful, will make you happy. Working endless hours, working for a boss you hate, and working a job you hate are the three easiest ways to burn yourself out on life, so keep that in mind.

I am fortunate that I am good at the thing I like to do, and that it rewards me well enough to pursue the interests I love outside of work.