$1500 to spend....

[Rob]

ROFL.

A bit defensive today evidently.

[Charlie]

Dont believe everything you read. I bet you hate more than just informed financial advise as I have read some of your other posts and find that you HATE quite a few things. Dont worry your not alone in that regard as I find that quite a few others on this board hate all kinds of things and voice it often.

Perhaps rather than trolling the forums looking for something to hate your time could be spent more productively? What fun would that be right?

Here another post for you to hate. Start now.

Bro, I was agreeing with you. Put down the bong.

-Charlie

[e30vert]

BBB...bb.bb..bbbut I read "rich dad, poor dad", it said if I put away 200 bucks when I'm twenty, I'll be a billionaire when I'm 65! (or 80, or 125).

I hate messageboard investment bankers, I appreciate someone bringing tech.

-Charlie

Dont believe everything you read.

I bet you hate more than just informed financial advise as I have read some of your other posts and find that you HATE quite a few things.

A word of advice. You are not searching well for technical information on this forum if you choose to search in a catagory that is clearly marked General Discussion. Please limit your search to the forums that might produce the technical information that you seek.

Perhaps rather than trolling the forums looking for something to hate your time could be spent more productively? What fun would that be right?

Here another post for you to hate. Start now.

[Charlie]

You take $1500 and compound it over 20 year and see what it actually gets you. Average 4 % a year without a ton of risk.

1500.00 $ without adding anything per year and an assumed 4 % rate of return will yield one 3,286.68 over 20 years.
3,286.68 - the 1500.00 = $1786.68 long term profit which will then be taxed at 20 % if you sell the investment 1786.68 - 20 % (357.34) = $ 1429.34

Compound interest calculated here http://www.moneychimp.com/calculator...calculator.htm


For 20 years of your life saving that 1500.00 you yield a return that is less than 1500.00 at its maturity.

Ever heard of it takes money to make money?

BBB...bb.bb..bbbut I read "rich dad, poor dad", it said if I put away 200 bucks when I'm twenty, I'll be a billionaire when I'm 65! (or 80, or 125).

I hate messageboard investment bankers, I appreciate someone bringing tech.

-Charlie

[e30vert]

The point is you dont try and get quick money with investing. Ever heard of the miracle of compounding interest?

I say buy the motor. Like I said before you can always make more money another day. But I voted for Rob.

You take $1500 and compound it over 20 year and see what it actually gets you. Average 4 % a year without a ton of risk.

1500.00 $ without adding anything per year and an assumed 4 % rate of return will yield one 3,286.68 over 20 years.
3,286.68 - the 1500.00 = $1786.68 long term profit which will then be taxed at 20 % if you sell the investment 1786.68 - 20 % (357.34) = $ 1429.34

Compound interest calculated here http://www.moneychimp.com/calculator...calculator.htm


For 20 years of your life saving that 1500.00 you yield a return that is less than 1500.00 at its maturity.

Ever heard of it takes money to make money?

[AdironRider]

LOL - Invest it. HAHAAHAHAH .

Thats a riot. 1500 invested today in a stable investment with no risk = 4%. So your 1500 $ earns you $60.00 in a year. So then you have 1560.00
Gonna retire on that? If you pull the 60 $ that you gained after a year you pay short term capital gains taxes on the $60.00 profit and you are left with about $45.00.

So you go ahead and invest it! Not worth doing UNLESS you add to the investment over the course of the term. Then it becomes a bigger number and thus compounds at a greater rate of return. ING Direct is the best and safest way to invest and get 4 % on your money. No risk.

Instead, try this. Search your own heart and think about the question , "what would really make me happy"? Then make up your own mind to move the funds in that direction. Dont be a spineless jelly fish that needs to seek the approval of others just to spend your own money.

The point is you dont try and get quick money with investing. Ever heard of the miracle of compounding interest?

I say buy the motor. Like I said before you can always make more money another day. But I voted for Rob.

[Charlie]

until you realize how much you're paying for a single...

You're talking to someone who almost bought an LS650. I like lazy bikes.

-Charlie

[e30vert]

LOL - Invest it. HAHAAHAHAH .

Thats a riot. 1500 invested today in a stable investment with no risk = 4%. So your 1500 $ earns you $60.00 in a year. So then you have 1560.00
Gonna retire on that? If you pull the 60 $ that you gained after a year you pay short term capital gains taxes on the $60.00 profit and you are left with about $45.00.

So you go ahead and invest it! Not worth doing UNLESS you add to the investment over the course of the term. Then it becomes a bigger number and thus compounds at a greater rate of return. ING Direct is the best and safest way to invest and get 4 % on your money. No risk.

Instead, try this. Search your own heart and think about the question , "what would really make me happy"? Then make up your own mind to move the funds in that direction. Dont be a spineless jelly fish that needs to seek the approval of others just to spend your own money.

[bmwmike]

get the motor.
I almost clicked crotch rocket until I saw what your spending. If it would be your first bike I guess thats ok, but personally Id need atleast 3-4k for crotch rocket.

[Rob]

The little beemer F650 GS's have been calling my name.

-Charlie

until you realize how much you're paying for a single...

[royalflush313]

Hit the Casino. That's what I would do.

If you lose, whatever, it's only 1500, you can earn that again.
If you win a lot, then you can get both the motorcycle, M50, and a vacation with sex drugs and alcohol.

[808BMW]

Personally I'd put the payment toward a decent bike (maybe 3 or 4k total).

As for everyone saying you'll die, its either get a crappy bike and die, or put a down payment on a nice bike and die on that, either way you don't have to make payments.

[SchnellerVert]

Drink it...

[matt]

What year CBR? Hurricanes aren't worth it. Don't bother unless you can get an F2.

I would get an old bike. CB750 maybe.

Matt

[AdironRider]

Its only money, youll make more another day. I say live it up while you can.