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Virginia Rocks!
Join Date: Oct 2003
Location: Just outside the beltway
Posts: 8,497
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Can you afford it?
The say if you have to ask....you can't afford it. Well, can you afford it?
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Rosewood 1983 911 SC Targa | Black 1990 944 S2 | White 1980 BMW R65 | Past: Crystal 1986 944 na Guards Red is for the Unoriginal
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Only a GD FOOL doesn't ask how much...and the old saying a fool and his money are soon parted is true!
People who are very wealthy are usually very CHEAP. Take Billy Gates for instance....He was in LV and was playing 3/6 Holdem.at the Mirage...he refused to tip the Dealer when he won a pot....when he left he called over the Manager and said he wasn't going to be playing cards at the Mirage anymore, because he refused to be responsible for providing a living wage for the Dealers....in other words the Mirage should pay better so that the Dealers wouldn't need to be tipped out of his pocket.
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Registered
Join Date: Dec 2004
Location: Brooklyn, USA
Posts: 1,908
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Those that have made it or are making really big bucks it are usually NOT cheap. It is those in preservation mode.
My first real job out of college was at Harry Winston in NY. Some of the classist and nicest people I have ever met were buying stuff there. Those just window shopping were usually insufferable snobs. |
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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I once talked to an heir of the McDonald Douglas Co....He was a Douglas and his comment was, " Rich people drive RR's and the WEALTHY drive VW Busses."
Did you ever see a picture of the Kennedys driving anything more than what a Middleclass person coud afford.... Real money is very frugal believe me.....and thats how they got the money in the first place. One should read "The MIllionaire Next Door"
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Because you have a large income does not mean you have alot of money.
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Registered
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Registered Cruiser
Join Date: May 2004
Location: Pursuing Happiness
Posts: 3,892
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Wealth is relative. Theres' always someone who will make you look like you are faking it.
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87' Carmine Red Carrera - Keeper 82' Silver SC - Sold 79' Gran Prix White SC - Sold 05' Black C2S - Daily driver I have never really completely understood anything. |
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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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Quote:
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Some Porsches long ago...then a wankle... 5 liters of VVT fury now -Chris "There is freedom in risk, just as there is oppression in security." |
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least common denominator
Join Date: Aug 2001
Location: San Pedro,CA
Posts: 22,506
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What is "it"?
Animal, vegetable, or mineral?
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Gary Fisher 29er 2019 Kia Stinger 2.0t gone ![]() 1995 Miata Sold 1984 944 Sold ![]() I am not lost for I know where I am, however where I am is lost. - Winnie the poo. |
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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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I'm guess those beautiful moving sculptures we all seem to have...
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Some Porsches long ago...then a wankle... 5 liters of VVT fury now -Chris "There is freedom in risk, just as there is oppression in security." |
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least common denominator
Join Date: Aug 2001
Location: San Pedro,CA
Posts: 22,506
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In that case I will go with "fakeing it pretty good".
I was just looking at 968's at autotrader but still not in my budget.
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Gary Fisher 29er 2019 Kia Stinger 2.0t gone ![]() 1995 Miata Sold 1984 944 Sold ![]() I am not lost for I know where I am, however where I am is lost. - Winnie the poo. |
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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I had an Insurance/Investment agent by the name of Harry....now Harrys daughter married the son of the guy who owned the Indanapolis Pacers Basketball team. The family at the time was worth 200M $$$, and the guys wife was always complaining about never having enough money...if we only had a little more....we could do this......or that...
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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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Every cent on my credit card right now can be directly attributed to the purchase, repair, and use of my 951...
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Some Porsches long ago...then a wankle... 5 liters of VVT fury now -Chris "There is freedom in risk, just as there is oppression in security." |
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least common denominator
Join Date: Aug 2001
Location: San Pedro,CA
Posts: 22,506
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Quote:
That's why I want a 968, not too many hot rod parts for them.
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Gary Fisher 29er 2019 Kia Stinger 2.0t gone ![]() 1995 Miata Sold 1984 944 Sold ![]() I am not lost for I know where I am, however where I am is lost. - Winnie the poo. |
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Unconstitutional Patriot
Join Date: Apr 2000
Location: volunteer state
Posts: 5,620
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Pure cheese:
Robert Kiyosaki says Ask yourself how you can afford it. NOT Don't buy something you can't afford. I'm still young and naive, but I personally believe you have attained wealth when you can afford to buy, but you don't. Material possessions are not so important. Well, a Ferrari or two is nice. ![]() |
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Blockchain Tech Inventor
Join Date: Jan 1999
Location: US fn A!
Posts: 1,542
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Quote:
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A Mean Green Lifted 1972 C10 Long live the king! |
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Mother keeps on telling me I am a twisted Fk when it comes to money....The bicycle I bought 23 years ago is now a collectors item and is worth around 2K......the Stereo equipment I bought in 1978..McIntosh...is now worth what I paid if not more.
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Too big to fail
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Quote:
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"You go to the track with the Porsche you have, not the Porsche you wish you had." '03 E46 M3 '57 356A Various VWs |
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Banned
Join Date: Apr 2005
Location: Columbus, OH
Posts: 18,162
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My wife and I bring in decent income, but we also have quite high overhead.
A 500k mortgage takes a big chunk off the top..... We are quite frugal. We don't live on the cheap, but we also don't blow money on things we don't need. Although my wife seems to 'need' $400 Feragamo shoes......just like I 'need' SSIs ![]() |
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Detached Member
Join Date: May 2003
Location: southern California
Posts: 26,964
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Making low six figures in Los Angeles and putting a daughter through college doesn't leave a lot left. My sister just bought a house in Carlsdab, New Mexico, for $115k ten years old and about 2200 sq. ft. with a pool on the back of the local golf course. She makes 1/2 of what I make and has more to show at the end of the day. One problem is that the Federal tax codes don't consider your cost of living where you live, just how much you earned. Granted you can write off your mortgage interest, but you have to spend a buck to save 35 cents in taxes.
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Hugh |
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