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#1
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Who can afford a lamborghini?
Who can afford a Lamborhini? what kind of job do these people have?
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#2
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I sure can't afford one (unless it's an old jalpa)lol. Most of those people own a successful business I would imagine. Going into business for yourself is almost the only way to become rich.
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![]() Cruising a Z24 right now, But I've got plans.... http://www.lingenfelter.com/lpe%20-%208%20sec%20Vette.mov |
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#3
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Re: Who can afford a lamborghini?
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... I probably could buy one if i really wanted to , but for now i want to finish school at least... Arriving at school in a lambo would cause me many problems i think... It's such country...
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#4
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Only the rich & the famous
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#5
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@ Tom - 19 and you could afford a lambo, bludy hell what do you/your parent(s) do?? If you dont want one can you buy me one???!!!
:licker:
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Born to Drive a Lamborghini |
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#6
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#7
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I'll bet you a ride in in your 930 that someday you'll show em' all.
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![]() ec437 on grammar; Quote:
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#8
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well there's a few ways u can go bout it in starting to owning a lambo.
U can try to convert all your earn income to portfolio and passive income, that way your not relying on your job to get u $$$. Secondly if possible have a business but 9 out of every 10 business that starts fails and that 1 that survived in the ten, is further measured in another 9 out of 10 will only last another 5 years. so u got 1% chance of succeding in business. My advice is to invest in real estate, hire a book keeper, accountant and every professional to manage your assests. On top of that, once u hit the 5 million mark try for one of those US grants that they offer for property investments, u'd be surprize that they offer 100% loans with no interest or 100% loans with extra money to fix up the property investment, but they only exclusively offer to a selected few which meets their criterias. Good luck.
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#9
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#10
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Basically what u want to do in over a long period of time is to acquire assests n not liabilities. Its ok to acquire liabilities as long as your assests is able to produce adequate cashflow to fund your liabilities expenses.
Assests put money into your pocket n liabilities take it out of your pocket, so in reality, once u have an unbalance u r RICH. Full Stop. GOOD LUCK PPL.
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#11
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... But in life it's usually a bit more complicated....
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#12
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Who also said that having a job will get u rich? No way u can b rich if u plan on working. Who said investing in your superannuation is a good idea? No way, I wouldn't invest ALL OF MY RETIREMENT in the stock market. One thing ppl must understand that ITS NOT YOUR BOSSES' JOB TO MAKE U RICH, THAT'S YOUR JOB. On top of that, unless u will to expand not only your reality, but your content and most importantly your context. I recommand the first thing u plan to do before even considering acquiring a house is to first set up your "team", preferbly it consists of at least a book-keeper, accountant n maybe a legal advisor. If u have a book-keeper u have a NON EMOTIONAL person managing your finances, if u have an accountant it will give u access to loop-holes, n your legal advisor(s) will tell u if its legal or not so u dun break the law. Want a lambo? Think rich, THINK OPPOSITE TO THE POOR N MIDDLE CLASS. N get a book-keeper, sure u can manage your own books n stuff but no banker will willingly hand out loans for u to do property investment unless u have a "team" of some sort, or at least a book keeper. But yeah I'm doing all this n expecting to fail a few times, Its natural to fail n u must prepare for it, if u dun then guess u just keep on working hoping one day u will have enuf equatity to fund your lambo n maybe hoping the government will take care of u, which is very unlikely as this ain't no Industrial Age.
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#13
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Yeah yeah i know , and if someone thinks that they have a boss and can have lambos at the same time , they're mostly very wrong... You have to be the boss to have a lambo , or if you work in a very large company on a high "chair" then maybe even if you're not the BIG boss... but it's highly unlikely... And yes what you're saying is true , and investing everything you have is really foolish...
And think rich... oops i think i do that already ... :finger: I think that middle class pepole can't afford to keep 6 cars in the household...
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#14
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I didn't say u can't have a boss n a lambo at the same time. I implicated that its quite impossible to have a lambo n a boss. The only way to be rich is by increasing your earning potential. If u work then your earning potential is 1:1.
If u have property investment then your earning potential is 1:2 (if u only rent one house out, n include your income). But your earning rating is 1:4. As u square the value of the number. So if u rent 2 or so houses your earning potential is 1:9. U c how powerful it is to invest n network. BUT, if your earning potential IS LARGE for 1:1, then by all means stick to it, Hell I would. So if get a paycheck of $300k-$1million or so, stick to it, screw all this investing, your set. Who carez. But me? I choose this way, Y, cauze the chances of getting such FAT paycheck is not good n yeah, this ensures me some comfort. Last edited by Webmaster_Zeus; 04-28-2002 at 08:21 AM. |
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#15
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Where am I supposed to get the money for the first house to rent out? I can't make payments on my living quarters AND save up enough to buy another house to rent out! SO, in reality, it takes money to make money. Only those born rich can make money because only they can afford to buy two houses and rent one out (and so forth). Since only the rich can benefit from life, I say that all us "normal" people leech off the government and force the wealthy to pay more taxes!
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SOLID! crew (circa 2002). DeLorean moderator. |
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