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Old 04-18-2006, 08:41 PM
kaweahnet's Avatar
kaweahnet kaweahnet is offline
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Location: Brentwood, CA
 
Join Date: Jul 2005
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Mein Auto: 2006 ///M Roadster
Quote:
Originally Posted by chuck92103
At your age, every $50k spent on a new car, is $500-$700k lost in retirement dollars. The fact that you think $43k only yields $100k in 40 years troubles me.

I would fully fund my retirement at 15% or more pretax 401k, IRA, etc. before buying expensive cars. IMHO
No doubt what you are saying is correct. But honestly, what is the use if you don't live until retirement? I'm all about living for today, and investing in things that have an immediate return like real estate. Then your M3 can be a business deduction.
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2006 BMW ///M Roadster - Premium/Nav - Triple Black (Mine)
2004 BMW 530i [E60] - Sport/Premium/Naviation (w/slushbox ) SilverGrey/Black (Wife's)
1990 BMW 525i [E34] - (Daughter's)
PREVIOUSLY - 2003 BMW Z4 3.0i
"Happiness is a garage full of bimmers!" (and a couple of go-karts)

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