Paying cash for a new bike?

yz133rider wrote:

Weird logic. Financing it means not only do you get depreciation. You also pay interest and finance fees. But ok

UpTiTe wrote:

I’ve never paid a bike off while I was riding it so I’ve never paid the full interest rate I’ve used it, made minimal payments and...

I’ve never paid a bike off while I was riding it so I’ve never paid the full interest rate I’ve used it, made minimal payments and sold it when I was done with it and paid it off. I’d rather have my money in a place that was making me money then wrap it up in something that is depreciating.

I can put 1000 down, pay 3.5 interest and put the other 6-9k in an account with an average growth of 9%. I’m making 6% on my money. Like I said, money’s cheap, use the banks and invest yours, in the long run you’ll be better off.

CarlinoJoeVideo wrote:

I like this way of thinking! What are some good investments that I can look into with 8-10% return? I’ve tried a few stocks but pretty...

I like this way of thinking!

What are some good investments that I can look into with 8-10% return?

I’ve tried a few stocks but pretty loose. Been very lucky with Realestate. Maybe I need to speak with a financial advisor?

Hoks wrote:

I donate plasma to fund my motocross addiction. Extra $350 a month for a few hours of my time and my wife can’t complain what I...

I donate plasma to fund my motocross addiction. Extra $350 a month for a few hours of my time and my wife can’t complain what I spend my “blood money” on. Win win.