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The Pub For General Automotive Related Talk |
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10-10-2011, 06:18 PM | #31 | |||
FF.Com.Au Hardcore
Join Date: Jan 2005
Posts: 3,304
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10-10-2011, 06:32 PM | #32 | |||
FF.Com.Au Hardcore
Join Date: Dec 2004
Posts: 12,077
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10-10-2011, 06:44 PM | #33 | |||
FF.Com.Au Hardcore
Join Date: Feb 2005
Location: Sydney
Posts: 562
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10-10-2011, 08:44 PM | #34 | |||
FF.Com.Au Hardcore
Join Date: Jan 2005
Posts: 3,304
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Same deal with a T3 and FG GT R32 GTR and the latest thing 1960s/70s/80s S Class Mercedes and the latest plastic. etc In this day an age of instant finance (at jacked up interest rates) your theory gets thrown out the window. I bet ya the majority of forum members don't own their late model cars outright, but at least they are entitled to an opinion of the latest Porsche |
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10-10-2011, 09:39 PM | #35 | |||
FF.Com.Au Hardcore
Join Date: Feb 2005
Location: Sydney
Posts: 562
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10-10-2011, 09:46 PM | #36 | |||
FF.Com.Au Hardcore
Join Date: Dec 2004
Posts: 12,077
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In some cases members are judged by what they write on the forum rather than what car they drive. |
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15-10-2011, 12:43 PM | #37 | ||
Turbo Falcon Fiend
Join Date: May 2005
Location: Far West NSW
Posts: 3,213
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This is of interest to me.
Assuming; Work Income is swapping time for money. Passive income is money that comes to you while you sleep or without your ongoing input. and; Wealth is measured in time: Ie, how long using passive income you can stay alive at a given lifestyle without swapping time for money. If the answer is forever, then you are wealthy at some level. This is why some wealthy people will drive a 10 y.o base model falcon (but still be wealthy because the outgoings are still exceeded by passive income) that is; they no longer need to swap their time for money, time is their own, and they can meet commitments plus have whatever luxuries they require for their given lifestyle. So then it follows your outgoings are just as important in assessing wealth as your incomings. Some people with flash cars are far from wealthy because they are a month away from bankruptcy if they stop swapping time for money. True wealth IMHO means you can drive the car of your choice and not have to swap time for money and your income happens no matter what you do with your time. Lots of people work hard swapping their time for money to get an OK income ~$120k or so and have the disposable $ to get a nice car on finance or lease, GOOD ON THEM! They work hard and deserve their fruits, if thats what they want. Some people will drive a cheaper car so they have more disposable $$$ to put into passive income creation (stocks, property, internet business etc...), so it may be that someone earns great $ for their time, but drives a 10Y.O falcon to free up disposable $. So it follows that you cant tell much at all about someone by the car that they drive, perhaps other than if they like to clean their car and keep it in good order. This is how I see it anyway. On Topic, I would love a boxster as a weekend toy in summer. Given 99% of driving is done at the speed limit and not WOT it would be a great summer cruiser!
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Just a few. Last edited by TURBOTAXI; 15-10-2011 at 12:45 PM. Reason: On topic! |
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15-10-2011, 04:21 PM | #38 | |||
FF.Com.Au Hardcore
Join Date: Mar 2006
Posts: 3,910
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15-10-2011, 04:26 PM | #39 | |||
FF.Com.Au Hardcore
Join Date: Mar 2006
Posts: 3,910
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15-10-2011, 05:26 PM | #40 | ||
FF.Com.Au Hardcore
Join Date: Jun 2009
Posts: 18,988
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lols how this turned in to an.. ' i payed cash for my porsche thread'......
i know better than that.. no tax benefits.. loans are good when it comes to explaining money... |
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15-10-2011, 06:22 PM | #41 | ||
FF.Com.Au Hardcore
Join Date: Dec 2004
Posts: 12,077
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Yes this has gone far enough off topic.
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