What would you do with $25k?

BlackVert

15 Year Member

Oct 3, 2003

5,589

9

98

Bethesda, MD

Mar 24, 2007

#61

• Mar 24, 2007

• #61

i thought he sold it and bought another one and started a new build up

 

blksn955.o

Founding Member

Mar 15, 2002

3,263

0

66

st.louis mo 314

Mar 24, 2007

#62

• Mar 24, 2007

• #62

Invest it into mutual funds, I know some that have been 12% or better for the last 80yrs....compound that for 28yrs ....buy vett. AND a vacation home with one years intrest at end of the 28yrs.


atleast thats what the wife and I are doing with the profits from selling our "starter" home in the next 3 or so years.

 

Caldwell

New Member

Apr 27, 2004

528

0

0

Ontario Canada

Mar 24, 2007

#63

• Mar 24, 2007

• #63

$25K buys a viper that needs some work...

 

MI95Cobra

New Member

Aug 20, 2006

451

1

0

Oklahoma City

Mar 25, 2007

#64

• Mar 25, 2007

• #64

i think almost everyone agrees about another enjoyable ride....but what everyone has a different opinion about it....like me i would search for 2 94-95 gt's or cobra's...i would keep one stock as a daily driver and modify the hell out of the other one....

 

Engel

Member

Apr 2, 2005

219

0

16

Currently Fort Walton Beach

Mar 25, 2007

#65

• Mar 25, 2007

• #65

smart thing would be to invest, but if your not worried about money now or in the future, I second the notion for the 03 cobra if you still want to do mustangs.
Could also get a decent vette for that kind of dough or for about 5k more a 94ish viper (im a viper fan lol).

 

9

95Mustang302

Member

Mar 30, 2005

302

0

16

Mar 25, 2007

#66

• Mar 25, 2007

• #66

as much as I'd want to spend it on my car I'd pay off my STUDENT LOANS!!!

 

gunmetal5.0

New Member

May 10, 2006

144

0

0

Chico, CA

Mar 25, 2007

#67

• Mar 25, 2007

• #67

Down payment on a house is the best thing. Then maybe you can get a loan using that as collateral and have everything you want, house and car. *Shrugs*

 

gunmetal5.0

New Member

May 10, 2006

144

0

0

Chico, CA

Mar 25, 2007

#68

• Mar 25, 2007

• #68

I'd get a Ferrari 308 GTSi Quattrovalve, the car magnum PI drove, then you'd get to be with two chicks at the same time like someone said earlier

 

9

95five-oh

New Member

Jun 25, 2006

158

0

0

Mount Airy, MD

Mar 25, 2007

#69

• Mar 25, 2007

• #69

99-02 F250 Powerstroke 7.3L 4x4, full banks kit and a 6" skyjacker lift on 35x12.50s.

 

gunmetal5.0

New Member

May 10, 2006

144

0

0

Chico, CA

Mar 25, 2007

#70

• Mar 25, 2007

• #70

Great suck up some more diesel and pollute more, good idea! Dunno why but my pet peeve is these people in their unnecessarily large monster trucks that they don't need n wonder why we have a fuel crisis. I pray he was kidding.

 

BlackVert

15 Year Member

Oct 3, 2003

5,589

9

98

Bethesda, MD

Mar 25, 2007

#71

• Mar 25, 2007

• #71

blksn955.o said:

Invest it into mutual funds, I know some that have been 12% or better for the last 80yrs....compound that for 28yrs ....buy vett. AND a vacation home with one years intrest at end of the 28yrs.


atleast thats what the wife and I are doing with the profits from selling our "starter" home in the next 3 or so years.

Click to expand...

the magic of compound interest

$5000 invested at 10% per year for 60 years is 1.5 million. pretty easy retirement strategy if you can keep your hands off it until then

 

Iggyshane

New Member

Oct 19, 2004

70

0

0

Ann Arbor, Michigan

Mar 25, 2007

#72

• Mar 25, 2007

• #72

gunmetal5.0 said:

Great suck up some more diesel and pollute more, good idea! Dunno why but my pet peeve is these people in their unnecessarily large monster trucks that they don't need n wonder why we have a fuel crisis. I pray he was kidding.

Click to expand...

This might just be my fathers truck but he gets around 20 mpg in his 2001 Diesel F350 quadcab 8 foot bed truck.. thats alot better gas mileage then most of the Suv's out there...
Also you drive a mustang none of us on this site are really helping with the "Fuel Crisis" you so call it.

 

gunmetal5.0

New Member

May 10, 2006

144

0

0

Chico, CA

Mar 25, 2007

#73

• Mar 25, 2007

• #73

Does that explain why 98 pound soccer moms are plowing the things around.

 

chaos254

Founding Member

Jul 27, 2002

467

3

29

NJ

Mar 26, 2007

#74

• Mar 26, 2007

• #74

i'd pay off my credit cards, sink about $5 grand of it into my stang and then save the rest. Depending on if i stay in the northeast or not...the money saved would probably go towards an SUV in the fall lol.

 

9

95five-oh

New Member

Jun 25, 2006

158

0

0

Mount Airy, MD

Mar 26, 2007

#75

• Mar 26, 2007

• #75

gunmetal5.0 said:

Great suck up some more diesel and pollute more, good idea! Dunno why but my pet peeve is these people in their unnecessarily large monster trucks that they don't need n wonder why we have a fuel crisis. I pray he was kidding.

Click to expand...

Haha whatever dude. The same could be said about all of us driving around in v8 mustangs with O/R midpipes when we could just be driving priuses and civics. Talk about preaching to the wrong choir. im done jacking the thread tho peace.

 

TheDamned

"I am Canadian and Damned for it!"

Jul 22, 2003

457

0

48

Montréal, Québec, Canada

Mar 26, 2007

#76

• Mar 26, 2007

• #76

I wouldn't put the money in a car for sure, most likely in a house

 

Pokageek

Active Member

Jun 10, 2005

2,767

0

46

MA, USA

Mar 26, 2007

#77

• Mar 26, 2007

• #77

Mutual funds, house, bank then car.

 

ProKiller

Founding Member

Apr 26, 2002

3,064

15

78

PA

Mar 27, 2007

#78

• Mar 27, 2007

• #78

i wish i knew what moneypit ended up doing with his car. that thing was sweet...

 

1slow95

Founding Member

May 16, 2002

1,797

3

48

ohio

Mar 27, 2007

#79

• Mar 27, 2007

• #79

ProKiller said:

i wish i knew what moneypit ended up doing with his car. that thing was sweet...

Click to expand...

X2

 

G

Green 94 5.0

Founding Member

Mar 25, 2002

2,601

12

79

Ft. Lauderdale, FL

Mar 28, 2007

#80

• Mar 28, 2007

• #80

if you decide not to sell yours, please send the guy my way. $25k and i wouldnt think twice much less look back. the money would go towards the down payment on a house or if i decided i need another toy either an 04 or so vette or an m3 of the same year.