How do people afford...

m4a1mustang

__________________
- Steve

Zs & Coffee - Saturdays at 10AM in Fairfax, VA and Columbia, MD (Click the banner!)
LIKE us on Facebook!

hellogoodbye

actually i only had 22$ and i wanted h3 so i put 20 down and payed the rest off 10$ a month... haha jk that would be funny though

its not that i have to finance mods. read my first post if you are confused. i said i have the cash on hand. its just that i make money off stocks. the more money on hand i have the more money i make. so im wondering if i should simply buy the stuff outright or take a loan out since id have more money to work with in the market. i can easily afford the monthly payments.

i think that rule doesnt apply to me .. or maybe it does idk

yes i know but i dont ever plan on selling this car. ive seen 350z that have had over 100k invested in them selling for 30k-

well then...

Robert_Nash

That's fine but almost EVERYBODY says that and they may even mean it (at the time).

I'd be willing to be that a few years down the road, not 1 in 1,000 actually aren't looking to (or wishing they could) sell their car no matter what they said at first. Life (or sometimes just boredom with the car) has a way of happening in spite of your best plans...how many people have an '03 or '04 350 that they've spent tons of money on who now see the GT-R that can hand them their hat (for less money than they've spent on their 350) or the 370 that can in many cases do nearly the same for half the money they've spent not to mention that their car now looks very "dated" even with their modifications.

Again; not trying to put anyone down here...I appreciate what folks do to their vehicles to make they unique...but a dose of reality should always be part of the equation too.

__________________
Robert
-My Basset Hound Is Smarter Than Your Honor Student and Barack Obama -

Spikuh

Sorry, my statement was ment more in the general sense and although you say in your first post you trade stocks, that means relatively little. Case in point, there is a man in my area who has been trading stocks for 15+ years. Long story short, he was running a ponsi scheeme and lost his investors many hundreds of millions of dollars.

Anyway, I agree with m4a1mustang. You are taking a big risk and relying on the market being able to return a larger percentage on your investments than the percent on your personal loan. In my opinion it would be better to buy the mods outright and then focus on getting solid returns without having that extra stress factor weighing on you.

Edit: Just caught up with the rest of the thread. If you can day trade and actually get returns that big then do it. Just be sure not to get in over your head.