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Are you doing anything differently financially ...
this year in view of the economic conditions - ie. improving economy. eg . Save more $$$, pay off debts, invest in stock market (US?), buy hard assets like Porsche 993's, or a brace of Boxsters. I do value your opinions
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01-01-2013, 05:35 AM
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I see you
Join Date: Nov 2002
Location: NJ
Posts: 29,921
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Retirement looms large on the horizon for me. I'm still hopeful that it'll be voluntary. But with that in mind I'm trying to accelerate the payoff on my mortgage.
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Si non potes inimicum tuum vincere, habeas eum amicum and ride a big blue trike. "'Bipartisan' usually means that a larger-than-usual deception is being carried out." |
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01-01-2013, 05:42 AM
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78 in a '71
Join Date: Aug 2006
Location: WA on the Wet Side
Posts: 4,048
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We are making a serious effort to be debt-free this year. Reviewing all expenditures for 2012 and coming up with a budget that is doable and satisfactory to "both sides of the aisle" (wife and I).
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On glide path...... 1971 911 T Targa 2013 Ford Fusion Titanium AWD 1982 Volvo 245, 1996 Ford F-150 |
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01-01-2013, 05:51 AM
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Vafri
Join Date: Sep 2007
Location: Worldwide
Posts: 2,144
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We have only small mortgage and student loans; low interest. We have a lot of cash in 5.25 interest instrument, buying silver, lead, spoons. We are not making any changes this year.
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01-01-2013, 06:00 AM
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Dog-faced pony soldier
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Due to increased tax liability I will not spend anything other than necessities (mortgage, utilities, groceries, etc.) or paying down debt. No vacations, no toys, nothing. That's the only way to not get screwed next year on April 15.
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A car, a 911, a motorbike and a few surfboards Black Cars Matter |
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01-01-2013, 06:01 AM
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non-whiner
Join Date: Aug 2012
Location: Slightly right of center
Posts: 5,235
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Paid off all debt and mortgage a couple of years ago and have bulk of investments in funds that produced just over 5% last year. Looking at a move to TX and real estate investments with cash coming out of remaining annuity payments from last job. Turned all my Fidelity investments over to Fisher for managing. 2013 will be a good year for stocks.
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01-01-2013, 06:10 AM
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Registered
Join Date: Aug 2002
Location: MD
Posts: 5,733
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I'm not sure what's going to happen so I've been adding to the cash pile a little. If/when the market drops 10% I buy more until I run out or the 10% drops stop. I'm looking long term.
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01-01-2013, 06:30 AM
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Registered
Join Date: Oct 2003
Location: Michigan
Posts: 14,093
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Hopefully, I get the promotion at work which will increase the income greatly.
Given that, we plan to watch our spending on everything and cut back wherever possible. We don't live the high life but I know we can spend less with a bit more discipline and accountability.
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1981 911SC ROW SOLD - JULY 2015 Pacific Blue Wayne |
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01-01-2013, 06:34 AM
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Registered
Join Date: Jun 2007
Location: Lake Oswego, OR
Posts: 6,080
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I intend to purchase some Real Estate in 2013. Low rates. Low prices. Economy is on an upward trajectory.
Larry |
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01-01-2013, 06:41 AM
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Almost Banned Once
Join Date: Feb 2009
Location: Adelaide South Australia
Posts: 38,443
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Quote:
My situation... No dept. House paid for. Some money in the bank earning a little interest. No investments. Good paying job but not spectacular. (I'm 47)
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- Peter |
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01-01-2013, 06:56 AM
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Regenerated User
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Looking for cash to pay for the additional tax burdens, no purchases, no speculative investments, just trying to survive the next four years of misery. If we spend, it will be on home improvements and other non-traditional investments.
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My uncle has a country place, that no one knows about. He said it used to be a farm, before the motor law. '72 911T 2,2S motor '76 BMW 2002 |
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01-01-2013, 07:39 AM
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Investing $500k in equipment to triple capacity for 2013. It's going to be another great year!!
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01-01-2013, 07:44 AM
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Registered
Join Date: Apr 2004
Location: Louisville Ky
Posts: 2,791
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Spending more than ever & getting less for it.
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Edgar 1984 Porsche 944 bone stock 1995 Mercedes E320 wagon 1970 Honda CB350 mint!!! |
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01-01-2013, 08:12 AM
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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,561
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Took profits before year's end in order to avoid this years higher capital gains tax...so sitting on cash right now, waiting & watching. Told Cindy we should take some of it & buy a new 200 mph GT 500 Mustang. She pointed out that we don't need to go that fast to get to the pool hall. I guess she's right...
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent." -Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.) |
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01-01-2013, 09:00 AM
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Registered
Join Date: Mar 2004
Location: Los Angeles
Posts: 17,412
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Like to think a 993 turbo deal is in pipeline and I can see the horizon. it need s a little work but doable. This will not be an investment but a toy, along with my 930, I am going to give to my kids when they turn 67. They are 5 and 7 now. Save some money. We hope to purchase some property for the long term. Other then that, I'll just be a working stiff and keep on working.
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01-01-2013, 09:48 AM
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Registered User
Join Date: Mar 2011
Posts: 865
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silver bars
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01-01-2013, 10:03 AM
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Regenerated User
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We are bracing for a 4% increase in postal expenses and not expecting to even match 2012 sales in our start plan.
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My uncle has a country place, that no one knows about. He said it used to be a farm, before the motor law. '72 911T 2,2S motor '76 BMW 2002 |
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01-01-2013, 10:14 AM
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"Are you doing anything differently financially ..."
No. Our nest egg looks pretty good. Cathy will quit work before long, but I have enough fun at the pawn shop to maybe run it another 10 years (will be 70 then). Jim
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down to jap bikes that run and a dead Norton |
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01-01-2013, 02:20 PM
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Registered
Join Date: Jan 2002
Location: I'm out there.
Posts: 13,084
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At 54 market volatility scares me a little. I took a chunk out and bought a vacation home. Good price. Put 50% down. Very good loan rate. Primary home nearly paid for.
With property values down and interest rates low, real estate was an easy decision. This was the view from my new place over Christmas. 
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My work here is nearly finished.
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01-01-2013, 02:56 PM
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You need to invest in a shovel.
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--------------------------------------------------------------------------- "There is nothing to be learned from the second kick of a mule" - Mark Twain |
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01-01-2013, 03:16 PM
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Lexus RX350
1972 Porsche 911 T/S 1971 2,2S
Gretta
Hansel
1991 Porsche 911 Turbo 3.3
the stable a few years ago
2013 
1983 Porsche 911sc Cabriolet 3.0
