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2013-14 Shelby GT500
Thinking of selling my car
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<blockquote data-quote="shelbysvt" data-source="post: 13026849" data-attributes="member: 140849"><p>Just because you own a gt500 doesn't mean your a bad example to your children. You don't want your children to become stingy and save all their money so they can die without having enjoyed life. You only live once. The best way to invest and build wealth as you want to is not through stocks, bonds, or real estate, its through YOUR JOB. That is the only secure income you have. All of these other things are extra. If you can afford this car comfortably and it doesn't cause any financial stress on you then keep it and enjoy it and give it to one of your kids later down the road or sell it and get a new toy. Also make sure you are able to save. </p><p></p><p>And start with selling all the jewelry you have before you sell this car. Use whatever money you can get off the jewlery to invest in stocks with low risk (this means dividend stocks like verizon for example) and MAYBE real estate to rent out in a desireable area with extremely high demand and very low supply. You don't need to go crazy and sell off every enjoyable asset you have to show your a good person. Being a good/smart/responsible person doesn't mean you should impoverish yourself. Just stay in your income lane so to speak and don't go outside it untill you make more income. </p><p></p><p>Also keep an eye out for opportunities outside of stock and real estate like for example the alcoa wheels. Everyone who sold them earlier made pretty much 50% or higher return on their investment with almost 100% gurantee. Hardly anything in life will be that simple so if something like that comes up again in any aspect jump on it.</p></blockquote><p></p>
[QUOTE="shelbysvt, post: 13026849, member: 140849"] Just because you own a gt500 doesn't mean your a bad example to your children. You don't want your children to become stingy and save all their money so they can die without having enjoyed life. You only live once. The best way to invest and build wealth as you want to is not through stocks, bonds, or real estate, its through YOUR JOB. That is the only secure income you have. All of these other things are extra. If you can afford this car comfortably and it doesn't cause any financial stress on you then keep it and enjoy it and give it to one of your kids later down the road or sell it and get a new toy. Also make sure you are able to save. And start with selling all the jewelry you have before you sell this car. Use whatever money you can get off the jewlery to invest in stocks with low risk (this means dividend stocks like verizon for example) and MAYBE real estate to rent out in a desireable area with extremely high demand and very low supply. You don't need to go crazy and sell off every enjoyable asset you have to show your a good person. Being a good/smart/responsible person doesn't mean you should impoverish yourself. Just stay in your income lane so to speak and don't go outside it untill you make more income. Also keep an eye out for opportunities outside of stock and real estate like for example the alcoa wheels. Everyone who sold them earlier made pretty much 50% or higher return on their investment with almost 100% gurantee. Hardly anything in life will be that simple so if something like that comes up again in any aspect jump on it. [/QUOTE]
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2013-14 Shelby GT500
Thinking of selling my car
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