All Forum Posts by: David C.

Saw them at Corvettes at Carlisle. Very nice. But every vette there was nice, that's what got me pricing them. If I had garage space I'd have one of the 1970s stingrays.

@J Scott and @Account Closed

There are two ways to increase your net worth:
1. Earn more
2. Spend less

If you can manage to grow earnings more than you grow spending, then you are really doing great.

If two guys make 100k and 120k, but live on 80k. The guy making 120k is getting rich TWICE as fast, because he's saving 40k vs. 20k. They both have pretty nice incomes and pretty good lifestyles.

I make 200k and live like my neighbors who make 100k. We have a great life and my only financial stress is that I know I'm not capitalizing on opportunities that are out there.

You have to pick your 'Jones's' - then out-earn them.

Look for an older corvette, you'll be amazed what you can find for $15k. Lots of those 1970s stingrays out there, and high mileage 1990's.

@Jon Holdman - I was really just goofing around.

Sales histories can be complicated by divorce as well, right? I've seen 'sales' on zillow of nice homes near me for $1 or for roughly 1/2 their value - mostly when I know its a couple that has split, and I think 1 spouse is getting the house, or buying out the other spouse.

May->Nov 07 someone did some great work there!

and to foreclose at 125 in 2010 after buying it for 112 in 2007 can only mean they cash-out refi'ed, right? with the collapse in 2008, that must have been a really clueless banker. Or is there another explanation for that as well?

I'd guess its a short sale, and they owe around 95,000 on it. they list is near where they can bring cash to close or where they think the bank will do the short sale. They get no offers, so they set a super low price to get some offers to the bank. Either no offers happen, or the bank says no. So they up the price to try to get something the bank will take, and back and forth.

but really, maybe the chart shows:

on meds

off meds

on meds

off meds

etc...

Just like any real-estate deal, college must be analyzed for each person. School was easy for me, I went to college on a free-ride, it was the path to a cushy professional job, which I quit to become a consultant, which I quit to become an independent consultant. It has made me 'rich' by most standards and I have a very easy life. For me school left me with no debt, had no cost but time and was what I was best suited for.

If school does not agree with you, and you have passion for Real Estate, go for it. If you have the energy to get an associate in 'business' or something at a community college at low cost, chances are you'll pick up some knowledge and a credential to fall back on. I don't see much benefit in closing the door on school when you are young. Do both, sleep less.

Knowledge Is Power.

A Degree Is A 'credential', Its A Shortcut For Telling Other People That You Meet At Least Some 'standard'

I Admit I Take J. Scott More Seriously Knowing That He Has Both. I Have No Idea Why Each Word Stats With Caps. Sorry, ThIs Is Awful. Clearly I Fail Basics Of Swype.

Based On Your Goals, Knowledge Is Probably All You Need, But Id Your Goals Change, A Credential May Be Necessary.

Failure To launch

Or just snap pix of receipts, etc... Faster than scanning.

But is there value in budget vs. Plan reports? Pre setup fields and drop downs? Properties on a map? any time I try an app for things like this it never has the categories that make sense to me, so I go back to spreadsheets.

I looked into a beach condotel, apparently getting loans is hard.

Cash flow wasn't there.

If you have a judgment, and try to pull living expenses from your 401k, are you able? Or once it comes out must it be used to pay against the judgment? Is the 401k really protected in any useful way? Or you just pay later?