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Old 12-22-2016, 04:12 PM
 
Location: Native of Any Beach/FL
35,702 posts, read 21,054,375 times
Reputation: 14249

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Sure. Ain't seen nothing yet...
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Old 12-22-2016, 04:19 PM
 
41,110 posts, read 25,734,548 times
Reputation: 13868
Quote:
Originally Posted by whogo View Post
Yep, usually, you can finance used at about 3%.
Or just pay cash but the price is crazy even after hard negotiating! So I'll keep mine, after 8 years it still runs good with only maintenance costs right now
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Old 12-22-2016, 04:20 PM
 
Location: Houston
26,979 posts, read 15,889,092 times
Reputation: 11259
I much prefer gaining 100 bucks a day while some rich guy makes a million than in a recession when the rich guy loses a million a day and I lose 100.
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Old 12-22-2016, 04:22 PM
 
Location: Houston
26,979 posts, read 15,889,092 times
Reputation: 11259
Quote:
Originally Posted by petch751 View Post
Or just pay cash but the cost is crazy! So I'll keep pushing mine, it still runs good with only maintenance costs right now
I tend to average 6-7 in the stock market so I finance cars over 10K.

Cars are lasting longer so I went higher mileage the last two times but next time i will probably suck it up and pay 20K for a two year old vehicle.
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Old 12-22-2016, 04:57 PM
 
41,110 posts, read 25,734,548 times
Reputation: 13868
Quote:
Originally Posted by veezybell View Post
What am I saying with all this? You don't have to be rich to play in the markets. Anyone can learn and use loopholes because, well, they're legal. If you want to be rich, emulate the rich. Learn what they know. Otherwise, you just end up sounding bitter.
The poor, the middle class and the rich think different when it comes to money and investing.

Poor dad mentality states that your wealth depends on your family of origin: to be rich, you have to be born rich.
Rich dad The right belief system, you acquire the necessary knowledge, how to create, build, protect wealth, you will become rich even if you weren't born rich.

Poor dad stressed scholastic education (go to school to learn to work for someone else),
Rich dad always stressed financial education.

Poor dad saw his job as his source of income for life, depend on employer for his financial well being.
Rich dad to strive to become financially independent,

Poor dad attached great stigma to failure and was therefore afraid of making mistakes.
Rich dad taught failing was simply part of the process and that he should learn from his mistakes and move on.

Poor dad often felt like a victim of the outside world,
Rich dad always took responsibility for himself and felt that he created his circumstances,

Poor dad taught risk was something that should be avoided and to always play it safe.
Rich dad taught learn to manage risk and to learn from mistakes.

https://daringtolivefully.com/powerf...fs-about-money
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Old 12-22-2016, 05:09 PM
 
41,110 posts, read 25,734,548 times
Reputation: 13868
- Rich people believe “I create my life.†Poor people believe, “Life happens to me.â€,
- Rich people are committed to being rich. Poor people want to be rich.
- Rich people focus on opportunities. Poor people focus on obstacles.
- Rich people associate with positive, successful people. Poor people associate with negative or unsuccessful people.
- Rich people choose to get paid based on results. Poor people choose to get paid based on time.
- Rich people focus on their net worth. Poor people focus on their income.
- Rich people manage their money well. Poor people mismanage their money well.
- Rich people have their money work hard for them. Poor people work hard for their money.
- Rich people act in spite of fear. Poor people let fear stop them.

- Rich people constantly learn and grow. Poor people think they already know.

https://daringtolivefully.com/powerf...fs-about-money

Last edited by petch751; 12-22-2016 at 06:31 PM..
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Old 12-22-2016, 05:50 PM
 
Location: The South
7,480 posts, read 6,260,559 times
Reputation: 13002
Quote:
Originally Posted by snufftherooster View Post
Thanks to Trump. "Prove it" you say? It's called the Stock Market Casino and it's participation is by and large only the top 10% of Americans.

At the same time news is out that young people can't afford to buy their own homes anymore once they become adults. News is also out that violence has been shown over history as the most effective and used response to re-balance inequality.

So how long until this whole house of cards comes tumbling?

Facts Again - top 10% are richer. Young people can't afford to buy houses. Violence proven in history as means cultures re-allocate wealth.
"Just the facts Ma'am".
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Old 12-22-2016, 06:53 PM
 
8,104 posts, read 3,960,029 times
Reputation: 3070
Quote:
Originally Posted by snufftherooster View Post
I don't think you get the gravity of the facts above. Re-read them. Only half the country is in some type of contribution where capital is in the market.

It is overwhelmingly the top classes who's wealth is in the market.

Only 50% of Americans have a retirement account and from those 50%, 40% of those have less than 10k in their accounts

The majority of the wealth owned in the wall street casino is for the top 1% and above.
The government did not do bail outs and QE for the average American, they did it for the top elite.

Who Rules America: An Investment Manager's View on the Top 1%

An Investment Manager's View on the Top 1%

It was these same people that used lobbyists to purchase politicians in order to enrich themselves with trade deals in countries where workers have no rights as required under capitalism.

They love the part of Communism where workers have no rights such as in China.
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Old 12-22-2016, 06:56 PM
 
Location: SE Asia
16,236 posts, read 5,880,554 times
Reputation: 9117
Quote:
Originally Posted by Dane_in_LA View Post
He's kind of a bad socialist, isn't he?
or a bought one.
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Old 12-22-2016, 08:01 PM
 
17,440 posts, read 9,268,656 times
Reputation: 11907
Quote:
Originally Posted by DRob4JC View Post
You will never be able to equate outcomes. NEVER.

You need to give that up.

Equal opportunity - great.

Equal outcome - chasing after unicorns and rainbows.
The system won't allow me to Rep you again - Congratulations to you and your Family.
You understand the Equal Opportunity and if you did not begin in Texas, you got yourself here.

People who say things like this .....
The only way the world has dealt with this issue up to our present age, is violence to re allocate wealth. It's just a brute fact.

Will NEVER "get it".
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