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Shadowblade 03/28/24 3:39:21 PM #1: |
--- Your human level has changed to GOD. ... Copied to Clipboard!
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Robot2600 03/28/24 3:40:13 PM #2: |
just buy a new honda civic, whatever that costs.
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Heineken14 03/28/24 3:41:35 PM #4: |
I feel like if you are asking if 10-15k is a reasonable budget for a car then that means you don't really give a shit about vehicles in terms of having many specific wants from it. 10-15k should get you something good in that sense.
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kingdrake2 03/28/24 3:52:02 PM #5: |
Robot2600 posted...
just buy a new honda civic, whatever that costs. this. transmission or engine costs aren't problems you would want to deal with. honda civic is one of the better cars anyway (can get a good range of used car choices for 10-15k). --- currently playing: alphadia genesis 2 (ps4) ... Copied to Clipboard!
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Bass 03/28/24 3:55:38 PM #6: |
What are you planning to do with the rest of the money? I hope you invest at least a portion of it in a total market stock fund or something like that. Let that money work for you.
I think your budget for a new car is reasonable if you need one, though. I second something like a Honda Civic or Toyota Corolla. Oh, and sorry for your loss too, TC. --- Many Bothans died to bring you this post. ... Copied to Clipboard!
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Shadowblade 03/28/24 4:01:38 PM #7: |
Bass posted...
What are you planning to do with the rest of the money? I hope you invest at least a portion of it in a total market stock fund or something like that. Let that money work for you. Thanks I was looking into a accord for $6,000. --- Your human level has changed to GOD. ... Copied to Clipboard!
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josifrees 03/28/24 4:05:41 PM #8: |
100k is nothing you should invest it completely
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Shadowblade 03/28/24 4:06:26 PM #9: |
josifrees posted...
100k is nothing you should invest it completely Yeah I kinda pointed that out already. --- Your human level has changed to GOD. ... Copied to Clipboard!
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realnifty1 03/28/24 4:10:09 PM #10: |
[LFAQs-redacted-quote] This is the real answer, unless you really really need a car and have no other way. Like if you had bought 100k of an index fund 20 years ago it would be worth about 300k today. Future you would feel a lot more secure. ... Copied to Clipboard!
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littlebro07 03/28/24 4:11:54 PM #11: |
10-15k will get you a decent used Accord or Camry. Possibly far less than that. Take care of it and it'll outlive you.
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emblem-man 03/28/24 4:12:22 PM #12: |
TC said he needs a vehicle, and if he's planning on no more than 15k like he said, I think that's fine and he can invest the rest.
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Crimsoness 03/28/24 4:19:18 PM #13: |
Blow it on my onlyfans
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IdiotMachine 03/28/24 4:33:28 PM #14: |
$10k-$15k for any car is a decent budget (like your $6k Accord). After you use it to buy the car, put $7k into an IRA. Put the remainder in a brokerage account. If you dont know what youre doing, buy a Vanguard targeted retirement fund, or a fund that tracks a major index (e.g., S&P500 index); suggest little at a time (say $25k every quarter) to mitigate risks (dollar cost averaging). If you know what youre doing, go do you.
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Shadowblade 03/28/24 4:59:53 PM #15: |
IdiotMachine posted...
$10k-$15k for <u>any</u> car is a decent budget (like your $6k Accord). After you use it to buy the car, put $7k into an IRA. Put the remainder in a brokerage account. If you dont know what youre doing, buy a Vanguard targeted retirement fund, or a fund that tracks a major index (e.g., S&P500 index); suggest little at a time (say $25k every quarter) to mitigate risks (dollar cost averaging). If you know what youre doing, go do you. Thanks for the advice. --- Your human level has changed to GOD. ... Copied to Clipboard!
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philsov 03/28/24 5:16:00 PM #16: |
depending on where you live, having a car is a HUGE QoL boon and a sound investment (versus reliance on friends/uber/public transport/etc). Get a reasonable car and invest the rest (IRA and then index fund).
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