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2013-14 Shelby GT500
Thinking of selling my car
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<blockquote data-quote="shelbysvt" data-source="post: 13027898" data-attributes="member: 140849"><p>Your mother's situation and your situation are completely different. You keeping your shelby is not the same mistake she made with her settlement money. Like I said before if you can comfortable afford it and it doesn't interfere with your bills or savings (i.e. causing you to save less than normal) then keep it. Who knows it may go up as the FGT, we won't know till the new shelbys come out. But even so keep it just to enjoy a little something for your labor. Buying small houses in good neighborhoods is fine just make sure those neighborhoods have HIGH DEMAND. I can't stress that enough if you are looking at homes for investments today. The neighborhoods with high demand and no supply don't lose money really. At most especially in the square feet you are talking if you get 15k off your lucky. </p><p> </p><p>See in my situation I am younger than you and technically I could sell my shelby and put that money to work but I won't because I already have money I am saving that I'm going to put in a new condo I am moving into, and I will make money off it because of the area and plans I have for improving it. If I wanted to I could instead use the renevation money and go buy the zr1 I've always wanted, but to me such as yourself I want to build my wealth. But there is a happy medium you have to find. If the shelby is your zr1 then maybe you should sell it. But if your're in a situation like me, where you can have your shelby and build your wealth too (i.e. have your cake and eat it) then keep it. It flies both ways the key is finding balance.</p></blockquote><p></p>
[QUOTE="shelbysvt, post: 13027898, member: 140849"] Your mother's situation and your situation are completely different. You keeping your shelby is not the same mistake she made with her settlement money. Like I said before if you can comfortable afford it and it doesn't interfere with your bills or savings (i.e. causing you to save less than normal) then keep it. Who knows it may go up as the FGT, we won't know till the new shelbys come out. But even so keep it just to enjoy a little something for your labor. Buying small houses in good neighborhoods is fine just make sure those neighborhoods have HIGH DEMAND. I can't stress that enough if you are looking at homes for investments today. The neighborhoods with high demand and no supply don't lose money really. At most especially in the square feet you are talking if you get 15k off your lucky. See in my situation I am younger than you and technically I could sell my shelby and put that money to work but I won't because I already have money I am saving that I'm going to put in a new condo I am moving into, and I will make money off it because of the area and plans I have for improving it. If I wanted to I could instead use the renevation money and go buy the zr1 I've always wanted, but to me such as yourself I want to build my wealth. But there is a happy medium you have to find. If the shelby is your zr1 then maybe you should sell it. But if your're in a situation like me, where you can have your shelby and build your wealth too (i.e. have your cake and eat it) then keep it. It flies both ways the key is finding balance. [/QUOTE]
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2013-14 Shelby GT500
Thinking of selling my car
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