Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Re: Splurging
Old 08-19-2005, 12:51 PM   #21
Full time employment: Posting here.
Arif's Avatar
 
Join Date: Jun 2005
Posts: 761
Re: Splurging

OK now I don't feel too bad. As most car nuts have posted there are other choices than a Porsche that are just as fast or close to it. The model I would choose is the 2002 911 TWIN TURBO with 4xx hp. Yeah I know what are you gonna do with all that power...yada yada yada. I think I'll go test drive one soon.
BTW- We've been saving around 50% of our gross income for a few years so we know how to LBYM. This purchase would definately be a blip on the radar screen compared to our expenditures.
__________________

__________________
You take the blue pill - the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill - you stay in Wonderland and I show you how deep the rabbit-hole goes.
Arif is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: Splurging
Old 08-19-2005, 01:07 PM   #22
Full time employment: Posting here.
 
Join Date: Oct 2002
Posts: 717
Re: Splurging

I've always been a sports car fan - 2 MGA's, Porche 356, Volvo P1800, Fiero, BMW Z3.* * Sometimes you just need to splurge.* Porches are more likely to return your money when you sell them than most other cars.* Maybe you could call it an investment - not every investment needs to turn out great monetarily .*
__________________

__________________
Random Reinforcement is Highly Addictive.
riskadverse is offline   Reply With Quote
Re: Splurging
Old 08-19-2005, 04:26 PM   #23
Thinks s/he gets paid by the post
wabmester's Avatar
 
Join Date: Dec 2003
Posts: 4,459
Re: Splurging

Quote:
Originally Posted by Texas Proud
I can not see the Spyder as a good car... my sister took a test drive and there was no place to put her purse!!!
The purse storage is behind the seats. But when I need to carry stuff, I take the F-350. I guess I forgot that part -- if you're going to splurge, you have buy both the MR2 and the F-350.
__________________
wabmester is offline   Reply With Quote
Re: Splurging
Old 08-21-2005, 08:41 PM   #24
Full time employment: Posting here.
 
Join Date: Dec 2004
Posts: 714
Re: Splurging

Yes ... recently purchased a 100th Anniversary Harley Softail ... less than 1,300 miles on the bike, and bought it from an inside connection for wholesale. Can probably enjoy it for some time, and still not take too big a haircut when we sell.

But other than that, we generally look at "wish" books / 'net sites, but never buy what we don't really need. After awhile, it's true ... too many possessions, and they begin to own you ...

__________________
Craig is offline   Reply With Quote
Re: Splurging
Old 08-22-2005, 08:06 AM   #25
Full time employment: Posting here.
TargaDave's Avatar
 
Join Date: Jul 2005
Posts: 588
Re: Splurging

Quote:
Originally Posted by Arif
OK now I don't feel too bad. As most car nuts have posted there are other choices than a Porsche that are just as fast or close to it. The model I would choose is the 2002 911 TWIN TURBO with 4xx hp.
An Autotrader search turned up 79 911Turbo's for 2001-2002 model years under $80k. Mostly 2001's. You simply have to buy the 6 speed over the tripronic. I saw a 2001 red one with 7k miles for $75k. If you buy one please post a picture so that we may live vicariously through your exploits

Just think, they were $120k + guzzler tax new. So figure about $55k for the 7k miles or just under $8/mile for the privelage of having a new one
__________________
TargaDave is offline   Reply With Quote
Re: Splurging
Old 08-22-2005, 08:44 AM   #26
Thinks s/he gets paid by the post
 
Join Date: Jul 2004
Posts: 1,505
Re: Splurging

For several months, i was itching to buy a Subaru WRX STi; awesome performance car, but pretty pricey. I think what finally got me off of that was the conflict with my ER mindset. If I bought one, every single day i got into it, I would be reminded that i'm really "just talk", not a true, savy FIRE individual. A car, as much as just about anything, I think inevitably reflects on your values, whether you like it or not. People look at what you drive, and form impressions; be they right or wrong.

Push comes to shove, i'd ultimately rather people thing of me as the frugal and wise with my money, not "wasteful".

Yes, i drive a sports car now (240sx), but fortunately since its 10.5 years old, I think i qualify for being thrifty anyway since in continue to drive it indefinitely and its paid for. I also only carry liability on it.
__________________
azanon is offline   Reply With Quote
Re: Splurging
Old 08-22-2005, 09:20 AM   #27
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
brewer12345's Avatar
 
Join Date: Mar 2003
Posts: 16,391
Re: Splurging

Call me crazy, but one of the attractions of FIRE for me is that I no longer have to give a rat's ass about what anyone (other than my spouse and kids) thinks of me.
__________________
"There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest have to pee on the electric fence for themselves."



- Will Rogers
brewer12345 is offline   Reply With Quote
Re: Splurging
Old 08-22-2005, 09:54 AM   #28
Thinks s/he gets paid by the post
 
Join Date: Jul 2004
Posts: 1,505
Re: Splurging

Quote:
Call me crazy, but one of the attractions of FIRE for me is that I no longer have to give a rat's ass about what anyone (other than my spouse and kids) thinks of me.
Do you give a rat's ass what you think of yourself?* *Buy a brand new STi, and when you get in it everyday, i assure you, you wont be thinking how smart of an FIRE person you are, unless you're into serious denial.

That was the crux of my point.
__________________
azanon is offline   Reply With Quote
Re: Splurging
Old 08-22-2005, 09:58 AM   #29
Recycles dryer sheets
 
Join Date: Jan 2005
Posts: 322
Re: Splurging

Oh boy, I guess I'm simple...beef tenderloin a couple of times a week makes me happy. :P That and buying a property every couple of years.
__________________
P.S. is offline   Reply With Quote
Re: Splurging
Old 08-22-2005, 10:03 AM   #30
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
brewer12345's Avatar
 
Join Date: Mar 2003
Posts: 16,391
Re: Splurging

Quote:
Originally Posted by azanon
*People look at what you drive, and form impressions; be they right or wrong.* *

Push comes to shove, i'd ultimately rather people thing of me as the frugal and wise with my money, not "wasteful".*

az, the above statements were what I was commenting on. I'm sure it is fun to drive a spiffy new sports car, but your post seemed more concerned with what the car said about you to others rather than the intrinsic enjoyment you might get out of driving the car.

BWDIK...
__________________
"There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest have to pee on the electric fence for themselves."



- Will Rogers
brewer12345 is offline   Reply With Quote
Re: Splurging
Old 08-22-2005, 10:10 AM   #31
Thinks s/he gets paid by the post
 
Join Date: Jul 2004
Posts: 1,505
Re: Splurging

I thought the emphasis was the other way around since i mentioned that first. *shrug* Regardless, I dont think developing complete apathy towards others perceptions of you is entirely healthy. But, as you just clarified, you don't care what i think (of you) so what does it matter anyway right?

Quote:
BWDIK...
?
__________________
azanon is offline   Reply With Quote
Re: Splurging
Old 08-22-2005, 10:13 AM   #32
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
brewer12345's Avatar
 
Join Date: Mar 2003
Posts: 16,391
Re: Splurging

I'm not interested in another pissing match, so let's just drop it, eh?

BWDIK = But What Do I Know
__________________
"There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest have to pee on the electric fence for themselves."



- Will Rogers
brewer12345 is offline   Reply With Quote
Re: Splurging
Old 08-22-2005, 10:16 AM   #33
Thinks s/he gets paid by the post
 
Join Date: Jul 2004
Posts: 1,505
Re: Splurging

What else was there to say anyway?
__________________
azanon is offline   Reply With Quote
Re: Splurging
Old 08-22-2005, 01:03 PM   #34
Full time employment: Posting here.
Arif's Avatar
 
Join Date: Jun 2005
Posts: 761
Re: Splurging

OK play nice boys. I get enough of that stuff at work :

Quote:
An Autotrader search turned up 79 911Turbo's for 2001-2002 model years under $80k. Mostly 2001's. You simply have to buy the 6 speed over the tripronic. I saw a 2001 red one with 7k miles for $75k. If you buy one please post a picture so that we may live vicariously through your exploits

Just think, they were $120k + guzzler tax new. So figure about $55k for the 7k miles or just under $8/mile for the privelage of having a new one
Targa,
I see the same prices on ebay. Now that is depreciation amplified especially if you look how little mileage is on these cars. I find it odd that the new Carrera S is just a fast as the 01-04 Twin Turbos and they both cost the same now.
Anyway it is a few years off. However, if you see a pic on this website you'll know that I crack $1M net worth
__________________
You take the blue pill - the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill - you stay in Wonderland and I show you how deep the rabbit-hole goes.
Arif is offline   Reply With Quote
Re: Splurging
Old 08-22-2005, 02:31 PM   #35
Thinks s/he gets paid by the post
wabmester's Avatar
 
Join Date: Dec 2003
Posts: 4,459
Re: Splurging

Quote:
Originally Posted by Arif
Anyway it is a few years off. However, if you see a pic on this website you'll know that I crack $1M net worth*
If you've got to splurge, that is the way to do it -- when it's a low percentage of your net worth, and you can quickly repair the damage through the magic of compounding.
__________________
wabmester is offline   Reply With Quote
Re: Splurging
Old 08-22-2005, 03:08 PM   #36
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
 
Join Date: Apr 2003
Location: Hooverville
Posts: 22,386
Re: Splurging

Quote:
Originally Posted by Arif
OK now I don't feel too bad. As most car nuts have posted there are other choices than a Porsche that are just as fast or close to it. The model I would choose is the 2002 911 TWIN TURBO with 4xx hp. Yeah I know what are you gonna do with all that power...yada yada yada. I think I'll go test drive one soon.
One of my kids owns one of these, in a beautiful blue color. If he hits it in 2nd or 3rd, the Gs just rip the glasses off my face. I have learned to take them off before getting in the car. Nothing like big low end torque to make you happy.

Porsche is flyng him down to Birmingham next week to drive one of their new Carreras on the big track down there.

Ha
__________________

__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
haha is offline   Reply With Quote
Reply

« nm | The Tao »

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


 

 
All times are GMT -6. The time now is 05:38 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.