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Hugh R's Avatar
 
Join Date: May 2003
Location: southern California
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Quote:
Originally Posted by vash View Post
this makes me feel stupid about my entry..hahha

but wait!! i can use that calculator to figure out 20 years of salary!! F given A!! (accounting people, i hope it got that right)
Yeah but the hours/days I spent for years crawling under that thing, for forty years trying to keep something that I could barely afford were a real burden, example in 1979, I needed a water pump,cost from ANYONE in the USA was $250, for a used or rebuilt one and I was lucky to get it. What was a water pump for just about any American car then? Maybe $20 or $30.

Bakelite connectors crumbled and electrical wiring insulation fell apart with age. I bet I might have paid myself $1.00/hour for all the work I did over 40 years.

That is why I sold it, ANY engine parts were really no longer attainable and the cost to maintain it was getting into Jay Leno money.

Edit: Seahawk clearly demonstrates that, as usual, I've missed the big picture, for example, my wife of almost 37 years, Donna and her smarts, I'm kind of one of those dumb guys who got real lucky in life. As Paul has pointed out before, I definitely "married up"

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Last edited by Hugh R; 09-18-2020 at 10:11 AM..
Old 09-18-2020, 09:56 AM
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Kids tuition. Not the most fun but certainly rewarding.
Old 09-18-2020, 10:10 AM
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Cindy, of course. But she's far from a "thing" of a purchase. The two of us, standing in a Reno courthouse a bit over 45 years ago, saying vows. Neither of us really having a clue what the future would bring.

Material things? Best purchases...those to make the home itself better. Probably the top of the list are the things that make us not dependent on power in the event of a long power outage..the wood stove, the hand pump on the well, etc. Rural living teaches these things.

Oh..and the fence! 6' high hurricane fence that quieted the neighbor from hell. She thinking my property was for her use. Long story...

The 911S gave some pleasure over the years...until it didn't. But really, it was only a toy. It was emotional when the car left here, but in the years since, life improved.
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Old 09-18-2020, 10:25 AM
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I thought it was an exorbitant amount of money but about 16-17 years ago I was at a low point in my job and treated myself to a 3-day Skip Barber racing school session at Laguna Seca. I walked away on the last day saying to myself that was worth 3x what it actually cost. Every time I watch a race broadcast from there I relive that corkscrew in that raw single seater I drove in the class. I usually prefer to buy tangible things with my money but I totally get how the younger generation prefers to spend on experiences.
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Old 09-18-2020, 10:30 AM
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This is a tough question.

I'd say the house I bought that was way bigger than I needed just so I could stay in the same neighborhood as my kids and ex-wife when I got divorced.

I sold my 50K mile 964 turbo right before the bubble on all things air cooled and them specifically, but I also bought at a really good time. The house has doubled in value and since I have my kids 50% of the time it makes it easier on them and life in general.

Close runner up would be the first pair of hockey skates I ever bought, not because they were good skates but because it got me into the sport that I still play today 30+ years later. I have made tons of friends over the years doing it.

3rde place would be beer, any beer.
Old 09-18-2020, 10:42 AM
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Whew tough question. Off the top of my head I'd say the tuition I paid for my Bachelors degree. With that in hand I went on to earn a good living. Good enough to get a house that I still live in, got my kids world class educations and set up a decent retirement.
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Old 09-18-2020, 10:57 AM
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Great thread.
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Old 09-18-2020, 11:00 AM
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That case of condoms in high school? That vasectomy as an old dude?
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Old 09-18-2020, 11:00 AM
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I'd normally say my kids tuition, but that was money that ended up in my account after my folks passed. I didn't earn it. I would have to say the money I paid to refinance our mortgage to a 15-yr loan after the first five years of an adjustable rate loan that got us into a house. I remember our payment went up maybe $100/month at the time. We were able to maintain that even when I got laid off way back in '92 and was out of work for 18 months. Sure glad our cars were paid for at that point in time. I think we came within $10k of declaring bankruptcy, or having to ask the in-law's for a loan.
My wife's wedding ring is another money well spent. I think it cost all of $360 at the time. I wasn't making a lot of money then. She still wears it today though. I like to think she enjoys her $6k sewing machines more than having a bigger diamond on her finger, or a fancier kitchen.
I can relate to the Reno Courthouse scene as that is where we were married some 40 yrs ago come Nov 1.
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Old 09-18-2020, 11:01 AM
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In '86, I signed up for a two day performance driving course. Threshold braking, slalom and cornering. $235. Worth every penny as A:it showed me I didn't want to go racing and B:I feel the skills learned saved my life twice.
In '92, I bought a twenty year old Yamaha FG 580 for $120. It was paint spattered and neglected but sounded sweet. It has been my main guitar for everything from quiet finger picking at home to gigs.
I hate to think what it would cost to replace.

Best
Les
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Old 09-18-2020, 11:15 AM
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The best for me was the roses I sent a girl on Valentines Day when I was in high school. I had seen this girl once from afar and asked around about who she was until I found another girl (that was really not in my circle of friends) who knew her. She proved quite the matchmaker and surprised me by bringing the girl of my dreams by the Burger Chef where I worked one night (obviously now...to check out the person that was interested in her). It gave me the opportunity to say hello and meet the girl. In those 5 minutes, I was stricken. She was so far out of my league that I was afraid to do anything and would have weaseled out...but the second girl kept pushing me...implying that I had a chance...so I sent the roses anonymously (as it was conveniently Valentines Day). She knew they were from me (probably matchmaking friend clued her in) and called me and thanked me. We went out the next night and were married within a year. That was 44 years ago (next week)...and we are going strong.

My college/going back to school was number 2. My income is more than 15x what it was when I graduated. It has allowed me freedom to do much more for me and my family.

Third was buying my first house (that signaled true adulthood). I moved in a couple years, but it has provided a rental income stream for almost 40 years.
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"The problem with socialism is that you eventually run out of other people's money"
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Old 09-18-2020, 11:20 AM
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We Were Always Free
 
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Quote:
Originally Posted by Hugh R View Post
As Paul has pointed out before, I definitely "married up"
I always include myself as well

I think the best money I have ever spent was on land after my settlement from getting hit by a car that ran a red light when I was in college. I was on a bike and my left leg looked like a chicane after the accident. Still does, including my foot.

It really wasn't a lot of money: $50K in 1978, before lawyers, etc. My Mom, who was a real estate broker, said, I remember this vividly, that it is not a lot but it can change your life if you do it right.

So, since I was already onboard being a fiscal conservative, we bought land. Excellent land.

I also told her I wanted to do something completely off page so I did.

Those investments did change my life. I bought a house in Coronado, CA as an Ensign, turned that into farm buying money as a LCDR. This is all a long time ago but it all started with a discussion, over lunch, wife my Mom.
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Old 09-18-2020, 11:37 AM
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I paid $3000 for my Speedster back in 1973. It came with a spare body (everything but the engine and transmission) which I promptly sold for $3000. This is a purchase I have never regretted.
I don't know what the car is worth now, but it has been part of the family for so long (close to 50 years), selling it would be like selling my dog.




I'm not sure of the date of this photo, but it wasn't long after I bought the car.
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Last edited by wdfifteen; 09-19-2020 at 03:47 PM..
Old 09-18-2020, 11:44 AM
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Any money I've ever spent on any of my dogs. on my grand kids.
Taking the whole family on a trip down to the Keys,
My cast iron chiminea.

Auto wise --my 4500.00 1972-- GMC. All be it 15 years ago.
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Old 09-18-2020, 11:51 AM
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Easy question, buying an engagement ring is the best money I've ever spent, if I hadn't bought that I wouldn't be alive today
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Old 09-18-2020, 12:16 PM
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OldE reminded me.

At age 15, I went to an estate sale. Picked up a nasty, dirt covered guitar from a single bulb cellar. (yes, there was a pile of other guitars that I didn't look at...Oops.)

Brought it into the light. It said Epiphone.

Paid $10.

Played that thing for 1000's of hours. Much happiness and satisfaction. It is a 1941 or 1942 Zenith archtop.

(Also, my marriage in 1991. Priceless)
Old 09-18-2020, 12:27 PM
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For me it was spending a few hundred to rent this truck and trailer - to take my work tool box full of tools down to central Va - to give to my brother-in-law's son who served and fought in Afghanistan. He came back broken, no real skills, tried, then failed to make his way in the post housing depression.

Along the way he was married, divorced with child, had another with a girlfriend. There is a lot more to the story that I posted here about a year ago.

A few years later he seemed to really respond to working on cars although he had little experience. He found a full time job basically changing oil and doing minor work and he flourished with that. Problem was he didn't have much in tools or money to buy them with.

He doesn't have that problem anymore



That's his dad pictured who helped me clean and wax the tool boxes, sort and organize the tools inside. We left the next morning, at dawns crak to head to his work @ 3hours away. He had no idea we were coming

BTW - that's a 100 yr anniversary edition Snap-On box - and his son is a BIG Harley guy! - Total win all way 'round!
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Last edited by asphaltgambler; 09-18-2020 at 12:52 PM..
Old 09-18-2020, 12:47 PM
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We Were Always Free
 
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Quote:
Originally Posted by Captain Ahab Jr View Post
Easy question, buying an engagement ring is the best money I've ever spent, if I hadn't bought that I wouldn't be alive today
It really does begin and end there for me as well.

I hate you people. I had a choice: Suck up to the kids/family, Mom or my wife. I'd like to thank all of you f'ing Saints for pointing that out

Ok, I'll say it, what I really meant to write:

The single best money I ever spent was on a car, a 1972 BMW 2002 I bought my senior year of HS in 1975.

The combination of my innate charm, good looks and that car got me f'ed more times than automatic Windows updates.

Happy now?

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Old 09-18-2020, 12:50 PM
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I used to buy stocks in a half arsed oil company for 5 cents a share and sell them at 8 cents. I'd forgotten all about them then read somewhere that Horizon found oil and got to be 128 cents a share. It turned out I still owned a reasonable amount of shares
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Old 09-18-2020, 02:02 PM
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[QUOTE=Bob Kontak;11030522]Uncle's dollars. However, for me as a kid this was the ultimate value gift ever. Steel ball and you walk it around that board trying to not let it drop in the holes. Today's X-Box. I ran into one a few years back and blitzed right through it after 50 years.

/QUOTE]

I still have one...low tech fun

Old 09-18-2020, 02:49 PM
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