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SVTPerformance's Chain of Restaurants
Road Side Pub
Current New Vehicle Market
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<blockquote data-quote="Fat Boss" data-source="post: 17012477" data-attributes="member: 122645"><p>I don't think there's any scenario where having money will be the same as not having money. I know too many guys who literally save nothing and spend every dollar they make, mostly on driving a nice new truck every few years. Since they never bothered to buy a home, they are saddled with ever increasing rent payments as well.</p><p></p><p>My motto has always been, "live for today but plan for tomorrow." I could buy a brand new Raptor R today, but I just hit 25 years of ownership on my 99 Powerstroke. I guess it's nostalgia that keeps me behind the wheel of it. I'm probably going to sell the Mach-E and DD the old girl again.</p><p></p><p>IMO a $2k car payment is fine if your salary is north of $300k. At that level you should be investing at least $5k/month, every month. Under no circumstances should anyone older than 30 be paying more on a vehicle than they save/invest each month. </p><p></p><p>It's funny, there comes a point where your investments start rockin' and rollin' and money seems to suddenly not matter anymore. It's a great stress reliever.</p></blockquote><p></p>
[QUOTE="Fat Boss, post: 17012477, member: 122645"] I don't think there's any scenario where having money will be the same as not having money. I know too many guys who literally save nothing and spend every dollar they make, mostly on driving a nice new truck every few years. Since they never bothered to buy a home, they are saddled with ever increasing rent payments as well. My motto has always been, "live for today but plan for tomorrow." I could buy a brand new Raptor R today, but I just hit 25 years of ownership on my 99 Powerstroke. I guess it's nostalgia that keeps me behind the wheel of it. I'm probably going to sell the Mach-E and DD the old girl again. IMO a $2k car payment is fine if your salary is north of $300k. At that level you should be investing at least $5k/month, every month. Under no circumstances should anyone older than 30 be paying more on a vehicle than they save/invest each month. It's funny, there comes a point where your investments start rockin' and rollin' and money seems to suddenly not matter anymore. It's a great stress reliever. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Current New Vehicle Market
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