Oh yeah? I think you forgot to add up all that those rent checks, interest deductions, and a couple of market crashes in that formula.

Why do you care if they work hard, pinch pennies and not live long enough to enjoy the fruits of their labor ? Some people just like having money in the bank and not living week to week.

Bee looking at new bass boats .. They sure are high can’t imagine financing a boat for 20 years at 9 percent how many people with all these new boats are upside down in them..looks better to buy used I guess...

People that buy houses and claim to “make money” selling them are fooling themselves. Houses only are profitable if you use them as rent houses or to flip. You pay interest, taxes (lots and lots of them), and insurance. Those things are gone... Non-recoverable. So....in three years you sell it for more than you paid. But, you could have invested that money into a IRA or some other plan and come out better renting a place to live in. Your landlord would pay all the taxes, interest, insurance, etc. and your money would be making money.



I know it sounds crazy....but buying a house, renting it out for profit and leasing a place to live in is a better income generator.

Rich Dad, Poor Dad. 101.



....as for financing a boat for 240 months? Absolutely the dumbest thing I’ve ever heard of. I’m not suggesting “save and pay cash” blah blah blah. That’s a great idea, but not realistic for everyone. I’d say look at what you can afford to spend on a hobby per month, figure an amount that can be financed for that monthly allotment, while taking into consideration resale value at the end of the financing term. The goal is to make a decision that ends with no negative equity during the last 80% of the terms.

If it means buying a $10k-$20$ boat, so be it. It’s fishing.

For the 2020 Vette comment?

Base price is $59999, but dealers are getting a $10k market charge on top of that, just to place an order...and GM ain’t gonna let you order you a base model. The average retail of a 2020 will likely wind up north of $90k.

Bee looking at new bass boats .. They sure are high can’t imagine financing a boat for 20 years at 9 percent how many people with all these new boats are upside down in them..looks better to buy used I guess...

,

Bought a 21/2 year old Ranger Z119 for 32K. 3 years later sold for 30K. Low hours no blemishes, great boat. Look hard at 2-3 year old 20ft boats until you find one in excellent shape with good maintenance records and you will be way ahead of the game,

Lots of guys can afford a new one, they're just smart enough to buy used.

After reading these post it appears we are starting to have more and more women posting in the bass fishing section.
Nobody should give a rats [censored] how or when someone spends their own damn money.

That could be said about most of the long threads on here

nobody should care about pro payout or income they get or dont get
nobody should care about mlf if they dont like it
nobody should care about bass if they dont like it

Lots of guys can afford a new one, they're just smart enough to buy used.