Log In

Your email is not your username

Register

If you were a member of the old Bodybuilding.com forums and would like to reuse your previous username, you can request it below. We use your email only for registration and do not store it. For more information, please see our Privacy Policy.

Confirm your email

A registration code was sent to your email. Enter it here.

Welcome

You have successfully setup your account.

Sign in

Quick Navigation Bottom Misc
Forum » Big Life Purchases Question
  1. Results 1 to 15 of 15
  2. Page 1 of 1

Thread: Big Life Purchases Question

post 1650605793 11-11-2021, 02:05 AM
-
#1
  1. tk217
  2. Methodological Naturalism
  1. tk217
  2. Methodological Naturalism
  3. Join Date: Jan 2010
  4. Posts: 55,496
  5. Rep Power: 57514

Big Life Purchases Question

Once you own your home and car (maybe even a 2nd mode of transportation) what are you going to blow your money on?

A boat?

A vacation property?

"experiences?"

Just save for retirement to rot?

What?
post 1650606363 11-11-2021, 02:44 AM
-
#2
  1. StoliFun
  2. Osawatomie John Brown
  1. StoliFun
  2. Osawatomie John Brown
  3. Join Date: May 2010
  4. Location: Cypress, Texas, United States
  5. Posts: 27,372
  6. Rep Power: 271790
I'm considering diversifying my investments. Rental properties, a laundromat, maybe eventually a self storage business.
Heterologously Vaccinated Superior Race Crew

Kurt Russell, Ray Winstone, Mickey Rourke Crew

"The dominant economic order rests on unofficial dependency and official individualism. Survival requires the transposition of these two ideas: official solidarity and unofficial individualism."
post 1650606463 11-11-2021, 02:49 AM
-
#3
  1. tk217
  2. Methodological Naturalism
  1. tk217
  2. Methodological Naturalism
  3. Join Date: Jan 2010
  4. Posts: 55,496
  5. Rep Power: 57514
Originally Posted By StoliFun⏩
I'm considering diversifying my investments. Rental properties, a laundromat, maybe eventually a self storage business.
\So working after your done working?
post 1650606553 11-11-2021, 02:54 AM
-
#4
  1. SillieBazzillie
  2. Md, Misc, Old-Brah
  1. SillieBazzillie
  2. Md, Misc, Old-Brah
  3. Join Date: Jul 2011
  4. Location: Maryland, United States
  5. Age: 58
  6. Posts: 46,410
  7. Rep Power: 219352
Younger Man Priorities were:
Retirement
Kid's College Fund

Middle Aged Man Priorities are:
Retirement
Vacation Place
Helping Kids
Experiences

Old Man Priorities will be:
Medical/Long Term Care
Rope
Early AM workout crew.
Holy crap dude, Satan's huge crew.
post 1650606923 11-11-2021, 03:23 AM
-
#5
  1. backinbusiness
  2. Pronoun: Phaggot/Genius
  1. backinbusiness
  2. Pronoun: Phaggot/Genius
  3. Join Date: May 2007
  4. Location: Arizona, United States
  5. Posts: 16,075
  6. Rep Power: 62954
My personal philosophy as long as you’re on track for retirement and any savings for your children Ie college savings do whatever the F you want with your money. You only live a short time on this planet, don’t live it hording cash.. you can always make more money if you’re not brain dead, but you can never get more time to do the things you really want to do.
Misc Firearm Crew. 2nd Amendment cannot be Interpreted.
The right of the people to keep and bear arms, shall not be infringed.
2023 Goal: Continue triggering leftist R&P deranged posters and incels.
Never relax around joggers
post 1650607023 11-11-2021, 03:29 AM
-
#6
  1. JeffPesos
  2. Big Data
  1. JeffPesos
  2. Big Data
  3. Join Date: Sep 2021
  4. Posts: 4,905
  5. Rep Power: 42035
If you would rather be doing anything else other than your job, I would use that extra money in figuring how to make that anything your job instead of purchasing useless 2nd vehicles.
RIP Based Kevin Samuels

London Brah

Computer Science / IT Master Race
post 1650607083 11-11-2021, 03:37 AM
-
#7
  1. tripod29
  1. tripod29
  3. Join Date: Oct 2017
  4. Posts: 26,153
  5. Rep Power: 453931
OP I wpupd make sure you really own your home and vehicles first and not just making payments. Until then, you are broke. After that, Pepsi and sloots.
post 1650607143 11-11-2021, 03:45 AM
-
#8
  1. LexBrah
  2. Registered User
  1. LexBrah
  2. Registered User
  3. Join Date: Jan 2013
  4. Location: United Kingdom (Great Britain)
  5. Age: 34
  6. Posts: 5,304
  7. Rep Power: 58960
Travel / holiday / experiences
Eating out / socialising / seeing friends
Hobbies / Cars / Motorbikes
Investments
Real Estate / Vacation Properties / Rental Properties
Multi-generational wealth for kids/grandkids (weddings paid for, houses, deposit for houses, trust funds)
Charity / Philanthropy
Building a legacy or something that helps make other peoples lives better or easier.
post 1650607223 11-11-2021, 03:49 AM
-
#9
  1. StoliFun
  2. Osawatomie John Brown
  1. StoliFun
  2. Osawatomie John Brown
  3. Join Date: May 2010
  4. Location: Cypress, Texas, United States
  5. Posts: 27,372
  6. Rep Power: 271790
Originally Posted By tk217⏩
\So working after your done working?
I'm 37. I'm not looking to retire soon. My stock portfolio has been doing well for a long time now. The rental properties would be as much for the investment potential as the cash flow, and the storage lot idea has been in the back of my mind for a while. I'd need to find a good partner to live on site and manage the day to day for like 75% of the year.
Heterologously Vaccinated Superior Race Crew

Kurt Russell, Ray Winstone, Mickey Rourke Crew

"The dominant economic order rests on unofficial dependency and official individualism. Survival requires the transposition of these two ideas: official solidarity and unofficial individualism."
post 1650607263 11-11-2021, 03:51 AM
-
#10
  1. SettingOff
  2. Banned
  1. SettingOff
  2. Banned
  3. Join Date: Mar 2021
  4. Age: 56
  5. Posts: 10,175
  6. Rep Power: 0
real doll
post 1650607443 11-11-2021, 03:58 AM
-
#11
  1. BeanGainClovis
  2. Registered User
  1. BeanGainClovis
  2. Registered User
  3. Join Date: Apr 2021
  4. Age: 56
  5. Posts: 10,696
  6. Rep Power: 58476
Just gonna give the rest to the poor
Beans. Cleans. Gasoline.
post 1650609103 11-11-2021, 05:10 AM
-
#12
  1. Hutrapper
  2. Registered User
  1. Hutrapper
  2. Registered User
  3. Join Date: Mar 2019
  4. Age: 56
  5. Posts: 19,735
  6. Subscribers: 1
  7. Rep Power: 249297
I went boats, snowmobiles, ATVs, Jet ski, and other outdoor gear. Done buying stuff now, just maintaining what I have and life is good.

Do side work occasionally for cash, but I never bought anything I don't have the cash for.

Bought a second 3 acre property a few years back and will build another house on it in a year or so. Property has already doubled in value, so was good to buy when I did
See BrianDaMans sig.

Rep SoapKing on sight crew.
Semi tradie crew
lol@tradies crew
Certified HTC
post 1650610833 11-11-2021, 06:09 AM
-
#13
  1. nothingshocking
  1. nothingshocking
  3. Join Date: Jan 2017
  4. Location: Uranus, Gambia
  5. Posts: 36,371
  6. Subscribers: 5
  7. Rep Power: 949957
Originally Posted By tk217⏩
Once you own your home and car (maybe even a 2nd mode of transportation) what are you going to blow your money on?

A boat?

A vacation property?

"experiences?"

Just save for retirement to rot?

What?
My kids' college education, I don't want them to start their adult life with a mortgage size debt to pay off. College costs are not reasonable anymore and are only getting worse. I used ot hope my kids got into a top 25 or even a top 10 college, now University of Illinois is looking like an incredible value, the whole 4 years is the cost of 3 semesters at a top private school. It's insane that these same schools have billions of dollars in their endowments but they financially cripple the students who go there,

Honestly, in about 10 years after my second child is through college, I'm going to have more money that I know what to do with. Between child support, expenses, and college savings there is a lot of money that will be freed up when they are done. I don't even think about it or what I will spend my money on.
post 1650610873 11-11-2021, 06:10 AM
-
#14
  1. Destor
  2. Registered User
  1. Destor
  2. Registered User
  3. Join Date: Apr 2012
  4. Location: Alberta, Canada
  5. Age: 41
  6. Posts: 43,481
  7. Rep Power: 254906
Originally Posted By tk217⏩
Once you own your home and car (maybe even a 2nd mode of transportation) what are you going to blow your money on?

A boat?

A vacation property?

"experiences?"

Just save for retirement to rot?

What?
Yes
post 1650611383 11-11-2021, 06:22 AM
-
#15
  1. bsmit107
  2. Living in 3024
  1. bsmit107
  2. Living in 3024
  3. Join Date: May 2010
  4. Location: Georgia, United States
  5. Posts: 21,085
  6. Rep Power: 189967
-Currently 5 years ahead on Mortgage
-College fund started for my niece
-College fund started for a kid that I don't even have yet
-Savings account with 6 months of expenses in it
-Truck paid for
-Retirement account going

Just dropped $6k on a project car about 5-6 weeks ago and have dropped $1500 on it with another $7k (projected) that I need to drop.

Other than that, just more savings/investments/projects/travel

Wife and I have talked about buying a rental house or property, but haven't made any moves on it yet.
Quick Navigation Top Misc
Bookmarks
Digg.com
Digg
del.icio.us
del.icio.us
Stumbleupon.com
StumbleUpon
Google.com
Google
Facebook.com
Facebook
Posting Permissions
  1. You may not post new threads
  2. You may not post replies
  3. You may not post attachments
  4. You may not edit your posts