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More like travel money than investment amounts, but I would just pay on the remodel loan. House is paid, not other debt. Yep that would work. Then I would go back to the Northern Territory next year.
quote:Originally posted by select-fire
quote:Originally posted by bigdaddyjunior
Or I'd send the wife and kids off to their dream vacation to Paris. She has been talking about going to Paris since I have known her. I really don't see the big deal about it. I mean what is the big attraction with Texas anyway? Maybe I'll surprize her with bus tickets and motel 8 reservations.
My wife has been to Paris, France and said it was not that great.
I have as well (I wasn't there with your wife I'm pretty sure) and I'll agree. Paris is tremendously over-rated, plus, most of the "romantic" spots must appeal to strange people. I saw sewage flowing through most of them.
Just hand off the check to my "money manager" to invest for me. He has been doing pretty good with investments so far. Add it to the other "10 million".[:D]
Buy high capacity magazines while they are legal to make and cheap. If the elections go well you still have the value of the mags. If the elections go bad........
A million bucks isn't hard to come up with, if you start early. There is a magic thing called COMPOUND INTEREST.
I've never made much money in my life, but I'm going to be able to retire at age 50, with three rental properties and a 40 acre ranch, all paid off. Compounding helped with some of it, being good with my money helped with the rest.
Did I mention that I started an IRA when I was 19 years old? It is amazing how much your money can grow when you put it in there, and just leave it alone.
Merc
OH.....I've never been given *anything* in my life, I'd had to work for it all. I wish I'd have gotten a huge inheritance, would have been MUCH easier.
I have to admit that I am somewhat amused by the number of people who find that $10,000 is not enough to invest. I posted some information earlier that was intended to show what can happen over time if small amounts of money are invested and left alone, but not all buy that concept. The idea that it takes money to make money has a certain amount of validity, but that does not mean that it takes LARGE amounts of money to make money.
It might help to think of it like going on a diet if you are overweight. Nobody loses 50 pounds; they lose one pound fifty times. You cannot make large amounts of money overnight unless you just happen to get very lucky, and I just can't see trusting my future to luck. Making money is just drop dead easy, but deciding to make the commitment to make the money is hard for some people. If all you see in $10,000 is a vacation, you can probably count on never having the resources to take that vacation. If you see the $10,000 as an opportunity, you can probably project a time when you can drop the $10,000 on something of your choice and not be hurt by the decision. I did not say you would not notice it, but to be able to pay for something of even moderate size and not be harmed by the expenditure is a victory most never have, but nearly all can achieve. The choice is yours, prepare or complain.[:)]
Tax evasion is illegal, tax avoidance is an art form.
quote:Originally posted by dlrjj
I have to admit that I am somewhat amused by the number of people who find that $10,000 is not enough to invest. I posted some information earlier that was intended to show what can happen over time if small amounts of money are invested and left alone, but not all buy that concept. The idea that it takes money to make money has a certain amount of validity, but that does not mean that it takes LARGE amounts of money to make money.
It might help to think of it like going on a diet if you are overweight. Nobody loses 50 pounds; they lose one pound fifty times. You cannot make large amounts of money overnight unless you just happen to get very lucky, and I just can't see trusting my future to luck. Making money is just drop dead easy, but deciding to make the commitment to make the money is hard for some people. If all you see in $10,000 is a vacation, you can probably count on never having the resources to take that vacation. If you see the $10,000 as an opportunity, you can probably project a time when you can drop the $10,000 on something of your choice and not be hurt by the decision. I did not say you would not notice it, but to be able to pay for something of even moderate size and not be harmed by the expenditure is a victory most never have, but nearly all can achieve. The choice is yours, prepare or complain.[:)]
Class III transferrable full auto firearms. With a constant demand and a decreasing supply, prices are guaranteed to go up. They have gone up rather dramatically over the last 15-20 years. I'd probably pick up a few Ingram M-11s since they're still relatively affordable.
Comments
quote:Originally posted by bigdaddyjunior
Or I'd send the wife and kids off to their dream vacation to Paris. She has been talking about going to Paris since I have known her. I really don't see the big deal about it. I mean what is the big attraction with Texas anyway? Maybe I'll surprize her with bus tickets and motel 8 reservations.
My wife has been to Paris, France and said it was not that great.
I have as well (I wasn't there with your wife I'm pretty sure) and I'll agree. Paris is tremendously over-rated, plus, most of the "romantic" spots must appeal to strange people. I saw sewage flowing through most of them.
Silk stockings and bonded whiskey. [^]
I've never made much money in my life, but I'm going to be able to retire at age 50, with three rental properties and a 40 acre ranch, all paid off. Compounding helped with some of it, being good with my money helped with the rest.
Did I mention that I started an IRA when I was 19 years old? It is amazing how much your money can grow when you put it in there, and just leave it alone.
Merc
OH.....I've never been given *anything* in my life, I'd had to work for it all. I wish I'd have gotten a huge inheritance, would have been MUCH easier.
It might help to think of it like going on a diet if you are overweight. Nobody loses 50 pounds; they lose one pound fifty times. You cannot make large amounts of money overnight unless you just happen to get very lucky, and I just can't see trusting my future to luck. Making money is just drop dead easy, but deciding to make the commitment to make the money is hard for some people. If all you see in $10,000 is a vacation, you can probably count on never having the resources to take that vacation. If you see the $10,000 as an opportunity, you can probably project a time when you can drop the $10,000 on something of your choice and not be hurt by the decision. I did not say you would not notice it, but to be able to pay for something of even moderate size and not be harmed by the expenditure is a victory most never have, but nearly all can achieve. The choice is yours, prepare or complain.[:)]
opps i did'nt read all the posts somebody else beat me to it.
I have to admit that I am somewhat amused by the number of people who find that $10,000 is not enough to invest. I posted some information earlier that was intended to show what can happen over time if small amounts of money are invested and left alone, but not all buy that concept. The idea that it takes money to make money has a certain amount of validity, but that does not mean that it takes LARGE amounts of money to make money.
It might help to think of it like going on a diet if you are overweight. Nobody loses 50 pounds; they lose one pound fifty times. You cannot make large amounts of money overnight unless you just happen to get very lucky, and I just can't see trusting my future to luck. Making money is just drop dead easy, but deciding to make the commitment to make the money is hard for some people. If all you see in $10,000 is a vacation, you can probably count on never having the resources to take that vacation. If you see the $10,000 as an opportunity, you can probably project a time when you can drop the $10,000 on something of your choice and not be hurt by the decision. I did not say you would not notice it, but to be able to pay for something of even moderate size and not be harmed by the expenditure is a victory most never have, but nearly all can achieve. The choice is yours, prepare or complain.[:)]
Well said, Dan.