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  • #31
    Originally posted by slow99 View Post
    What's $3k at 8% annually for 20 years?
    150% profit?
    Originally posted by Broncojohnny
    HOORAY ME and FUCK YOU!

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    • #32
      I remember spending $3000 wiping the diarrhea off my butt. J/K. Good for you with whatever happened.
      "Any dog under 50lbs is a cat and cats are pointless." - Ron Swanson

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      • #33
        Originally posted by FreightTrain View Post
        Meh what's 4k a month at 8% annually for 35 years.


        The point I was making is if all you got is 3k grand to your name it's better to enjoy it or put it away for a rainy day. Aka the A/C breaks. If you can't add to that 3k each month or quarter methodically you can't afford to invest.
        Wow, guess I do need to go work for the railroad then.... Look at you over here, Mr. Stacks-So-Fat....

        Guess since I can't keep up with your level of standards I should just be foolish and play the lottery, is this correct?

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        • #34
          frieghttrain, hook it up with a job lol
          ازدهار رأسه برعشيت

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          • #35
            Congrats
            Originally posted by Nash B.
            Damn, man. Sorry to hear that. If it'll cheer you up, Geor swallows. And even if it doesn't cheer you up, it cheers him up.

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            • #36
              Originally posted by FreightTrain View Post
              Meh what's 4k a month at 8% annually for 35 years.


              The point I was making is if all you got is 3k grand to your name it's better to enjoy it or put it away for a rainy day. Aka the A/C breaks. If you can't add to that 3k each month or quarter methodically you can't afford to invest.
              Damn son what board are you on? Let me get some of that.

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              • #37
                Originally posted by FreightTrain View Post
                LOL at investing 3k. Go on vacation and enjoy the money. Or if you really want to have fun put it in a money market account and after 30 days go buy a quick pick for the mega millions with the $1 in interest you just earned.


                I know it gets stated quite often, but I feel I kind of need to reiterate it after this quote. You're a fucking idiot.

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                • #38
                  I wouldn't say so much he's an idiot, but a giant in his head among the little people around him. Things are so relative. slow99 can relate, for sure. Making six figures when all your homies are scraping by must feel pretty good. Then you got the guys making low/mid/upper six figures that hang out with dudes who make that in less than a month and you don't feel so tough. Then, the scale goes on up where guys are pulling seven figures a month and don't even have to work due to royalties, residuals, etc. Then, you have the dudes who net worth starts with a B and they aren't talking about cars, homes(er..estates/properties), etc. they are talking companies, islands, Gulfstreams, commissioning yachts, etc.

                  Then you have people like me who don't give a crap at all so long as I can sit on my couch at home, eat out when I want, travel when I want, have some car fun, and still save a few bucks.
                  Ford
                  GM
                  Toyota
                  VAG

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                  • #39
                    He's an idiot for laughing at someone for investing 3k. The very basic premise of investing is the money compounding on top of itself, and everyone has to start somewhere. To dissuade someone from trying to improve themselves is just one more moronic post from him in an increasingly long line of them.

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                    • #40
                      Originally posted by talisman View Post
                      He's an idiot for laughing at someone for investing 3k. The very basic premise of investing is the money compounding on top of itself, and everyone has to start somewhere. To dissuade someone from trying to improve themselves is just one more moronic post from him in an increasingly long line of them.
                      Yea you're real smart when it comes to money. If all someone has to their name is 3 grand they don't need to tie that money up. They need it for when life happens. That 8% return doesn't sound so good when they are paying 15% on a credit card because they didn't have any cash to fix their car or replace the water heater in the house when it goes out.

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                      • #41
                        what you should do with $3,000 is invest it in me getting really drunk and getting as many lap dances as possible!

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                        • #42
                          Originally posted by talisman View Post
                          He's an idiot for laughing at someone for investing 3k. The very basic premise of investing is the money compounding on top of itself, and everyone has to start somewhere. To dissuade someone from trying to improve themselves is just one more moronic post from him in an increasingly long line of them.
                          This.

                          Originally posted by FreightTrain View Post
                          Yea you're real smart when it comes to money. If all someone has to their name is 3 grand they don't need to tie that money up. They need it for when life happens. That 8% return doesn't sound so good when they are paying 15% on a credit card because they didn't have any cash to fix their car or replace the water heater in the house when it goes out.
                          How do you know that's all he has? Maybe he already has a solid savings/investment plan and has $3,000 extra he wants to play with while earning some interest off of it?

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                          • #43
                            Originally posted by FreightTrain View Post
                            Yea you're real smart when it comes to money. If all someone has to their name is 3 grand they don't need to tie that money up. They need it for when life happens. That 8% return doesn't sound so good when they are paying 15% on a credit card because they didn't have any cash to fix their car or replace the water heater in the house when it goes out.


                            Oh, I see you now magically know exactly what his financial situation is. We'll just put that post right behind the other one I quoted a few minutes ago.

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                            • #44
                              Originally posted by Ratt View Post
                              This.



                              How do you know that's all he has? Maybe he already has a solid savings/investment plan and has $3,000 extra he wants to play with while earning some interest off of it?
                              And how do you know he has more than 3k? Truth is you don't. All we know is he's jumping up and down over 3k. Take that 3k to an investment firm and see what they tell you. You are stuck with discount brokers who will charge higher fees just to deal with you. Even if you earn 8% in returns that number will be cut down because of there fees and commission. That 8% starts looking like 5% or 6% real quick.

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                              • #45
                                Originally posted by FreightTrain View Post
                                Yea you're real smart when it comes to money. If all someone has to their name is 3 grand they don't need to tie that money up. They need it for when life happens. That 8% return doesn't sound so good when they are paying 15% on a credit card because they didn't have any cash to fix their car or replace the water heater in the house when it goes out.
                                Blowing it all on a vacation is a much better idea.
                                Originally posted by Broncojohnny
                                HOORAY ME and FUCK YOU!

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