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What would u do to 370 if you won 75k

mortgage seems more logical, cars can last for certain amount of time before you gotta rebuild it again or spend 50k on mortgage and split the other half on whatever

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Old 02-03-2013, 09:52 AM   #1 (permalink)
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mortgage seems more logical, cars can last for certain amount of time before you gotta rebuild it again or spend 50k on mortgage and split the other half on whatever
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Old 02-03-2013, 09:57 AM   #2 (permalink)
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Yeah to me the mortgage argument isn't even about investment. Maybe my perspective is different, but I see that being more about financial freedom. The faster you get to the point of truly owning your home mortgage free... your monthly bills become drastically reduced. Suddenly you're not in situation where you keep having to say "If I can't pull in $X/month in salary, my life will rapidly fall apart". It gives you the freedom to be flexible, to take a few more months to figure things out if you get laid off work somewhere, to decide you want to downgrade to a less-stressful career later in life, etc...
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Old 02-03-2013, 11:01 AM   #3 (permalink)
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It really depends on how you drive and how you intend on driving. I've heard a few GT-R owners say that it's not much fun on the street; I recall one guy going from a GT-R back to a Z for that very reason. If this is true, then spend the money making your Z more enjoyable. I'd never put that much money in one place unless it was a house or some kind of investment.
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Old 02-03-2013, 03:48 PM   #4 (permalink)
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Built motor, tranny, clutch, new wheels/tires, and really Big turbos..with money left over for hookers.
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Old 02-03-2013, 11:16 AM   #5 (permalink)
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I'd take the money or atleast part of it an buy/build a kick a$$ shop/garage to work on the Z.
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Old 02-03-2013, 11:29 AM   #6 (permalink)
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The first thing I'd probably do is get it all in ones and jump into a pile of money.
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Old 02-03-2013, 11:40 AM   #7 (permalink)
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Pay off your house...
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Old 02-03-2013, 11:47 AM   #8 (permalink)
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Sell the Z, I guess you can get the GTR :-/
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Old 02-03-2013, 11:52 AM   #9 (permalink)
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I myself would save some and pay off some bills. But I would take some of it and buy some goodies on for the car. We don't know what your situation is so its hard to answer your question on whether or not you should go FI. If I had that kind of money I would love to drop $30-40k on a fully built motor and TT kit but it would be very immature for me at this moment in my life. Might not be for you.
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Old 02-03-2013, 12:05 PM   #10 (permalink)
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I would put a gtr engine in the z and go from there lol.
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Old 02-03-2013, 12:47 PM   #11 (permalink)
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If it were me, I would not go the GTR route. Blowing a ton of cash on anything without a return in investment isn't the way to go in my book.

Instead... I would go this route:
- Mod the Z (Boost, Kit, New tires etc.)
- Take my significant other out to dinner at the best steak house in the area
- Book 2 tickets (with significant other) to Kobe, Japan... eat at their best steak house
- *to go with the above* Buy a new dslr setup and freeze some amazing moments in time
- Or.. go to Germany and rent some supercar to take on the Nurburgring
- put away for potential future rainy days... we've all seen our economy as of late -_-

but.. it's your money, do what you like =)
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Old 02-03-2013, 12:49 PM   #12 (permalink)
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Or build the Batmobile.
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Old 02-03-2013, 12:53 PM   #13 (permalink)
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Quote:
Originally Posted by white_wolf View Post
Or build the Batmobile.


Boost all the wayyyyy.
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Old 02-03-2013, 12:59 PM   #14 (permalink)
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10k for fun money, 65k on house. without even thinking about it.
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Old 02-03-2013, 01:04 PM   #15 (permalink)
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Only get a GTR if you can afford to maintain it, and make payments. I would not put that much cash all at once into something with no return. I would actually buy a nice foreclosure or short sale cash, and rent it out.
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