Quote:
Originally Posted by Porsche-O-Phile
Great in theory but I've seen guys left with less than half their net worth and entire retirement plans destroyed - and left more or less homeless (lost the house, now forced to find a new place to live with no money and shattered credit - good luck). That's pretty hard to come back from.
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Ha, no kidding!
Funny thing is, the Porsches saved my ass. Both were apart at the time, the SC for a transmission and other issues, the 964 had been written off and I'd bought it back from the insurance company. We had the cars appraised, and she kept the "good" car, and I kept the two broken Porsched and my Big Dumb Truck.
I worked my ass off to get the 964 back together, working at night in an unheated garage. I sold it for a significant profit, and that was the downpayment on my house *just in time* before I filed my 2014 taxes and would no longer have been able to get a mortgage, with outstanding tax debt. I bought my grandmothers old house, which was languishing on the market, and now I work on that when the kids are asleep on the nights I have them. Building equity quickly, but man, I'm tired.
If everything goes as planned, Ill have my debts cleared by this time next year. If not, I'll have to sell the SC, but that's ok as long as I get to enjoy it a bit beforehand.
Either way, I refuse to be the victim of circumstance, other people, or myself. On any given day, there is an opportunity to make progress of some sort... that's one great thing about having a bunch of broken stuff
