04-04-2012, 11:31 AM | #11 | |
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Re: April Fools Day.
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04-04-2012, 12:05 PM | #12 | |
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Re: April Fools Day.
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04-04-2012, 01:11 PM | #14 | ||
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Re: April Fools Day.
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04-07-2012, 05:58 PM | #15 |
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Re: April Fools Day.
That's a great reminder and very true. I started investing in my 401k about 15 years ago, but I wish I had started doing that when I got my first job. It adds up almost exponentially, and time is the key factor in all that. I'm hoping to impart all that to my kids, but it's hard when you're young to think about retirement.
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04-07-2012, 08:54 PM | #16 |
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Re: April Fools Day.
I worked with a fellow who invests as much as he can. One year he made a 10,000 dollar loan just to buy RRSP's. Doesn't sound smart until you realize it is very smart and good money management if you can get the loan at a lowish rate. He plans on retiring as a millionaire and golfing his years away. He still has nice vacations every year and lives in a fab house that appreciates due to it's location and design. That said, he also drove the same car for 15 years and avoided payments.
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04-17-2012, 05:08 PM | #17 | |
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Re: April Fools Day.
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04-17-2012, 07:59 PM | #18 |
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Re: April Fools Day.
I absolutely love new vehicles and have a past history that involved a new set of wheels every 11 months on average. Oh yeah.........young and stupid. Now I keep them long enough to get tired of looking at them but can't quite come to grips with actually buying a new one when the present vehicle is barely broken in after 4 or 5 years with minimal kms. My present Ranger is a 2007 with only 40,000kms(25,000 miles). It is the wrong color and I should have bought an automatic tranny for comfort but it does the job. If I still worked and drove every day to a job the gas mileage would not be to my advantage but I don't mind being retired and just going out and about now and again.
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