Talk me out of making a bad financial decision ...

[Dogmeat]

Ok, as many of you guys know I've got way way way way more money sunk into the 900 than I ever should have, and it's basically all because I've had to pay three seperate shops to work on it ... two of the three because of trying to fix what the first one completley screwed up on it.

I finally moved into a new house this year, one with a garage and a work bench so I can pull the sled in and work on it without freezing my rear off outside, and there is enough room in the garage I can leave the sled for a few days if need be.

Anyways.

I'm like -_- that close to getting it "done" ... at least until next summer when I go to pull the motor to freshen it up and put the new durometers in for the CompFusion mounts ..

Anyways ...

I still need to do:

Replace Carl's Cycle swaybar with stock
Holz Spindles
Have Carl's Cycle build me some Zero Pros for the front
Skis
FnI air intake
Front Bumper
Couple more vents
I don't really need to do the Holz a-arms ...

Anyways, that's about $2000 worth of parts that I can finally do all the work on myself.

My problem is, I just moved to this new place which is $200 a month cheaper to live in, I have a new work truck that I can use for basic transportation around town so I will be saving money on gas, and I've decided to stop shopping at GNC and buy my workout stuff ont he itnernet ... so I can save a lot of money here, plus my new job was like a $15,000 a year raise.

Anyways.

I paid like $7500 into my old employer's 401k plan over two years, and have been looking at rolling it over into the new 401k plan at my new employer or possibly rolling it into an independent Roth IRA and then having two retirement funds, as I"m planning on staying with my current employer for as long as I can.

My problem is this....I want this f*cking 900 ****DONE*** for once. I am sick and tired of screwing with it, and I've _ALMOST_ got it finished to the point it should be pretty fun to ride.

So .... talk me out of pulling out everything I paid into that 401k plan in the last two years and finally finishing the sled off. If I cash it out I will get about $2800, so it'll basically be like I have just bought myself the worlds most expensive 900 RMK, but I think including all the labor costs from last year I've probably got $16,000 sunk into this POS already ...

So talk me out of spending my retirement on it to get it done already.

heh

 

[drinkwyo]

Pull the 401 k
Sell the 900
Buy a tnytro

 

[SAWYER]

Bad idea. I loved my nine but finally got rid of it cause it was a money pit

 

[Trashy]

I'm not from the US so take it for what its worth, but with everything so volatile I would be very hesitant on messing with your investments at this time....
Is there any other way you can pull this off in a way you won't regret later? Short of racking up the credit cards of course...

 

[Ron]

Keep your long term view....roll it into an IRA and let it build tax free so you'll have something later. It will double every 6-8 years....sled won't be worth much more.
You could do the low budget stuff, vents intake and maybe the bumper, spindles if you have the cash & takes the most labor-what ever you have cash to complete. The rest is bolt on-won't take any time & you can do during the season. Maybe by Dec or Jan you will have the $ for the skiis and shocks... you may not miss them much early season anyway.
It's so hard to get money into a tax exempt account I'd hate to see you spend it....even if it is really an investment...it's not like spending money on a sled or is wasting it!!!

 

[sldgy]

Keep your long term view....roll it into an IRA and let it build tax free so you'll have something later. It will double every 6-8 years....sled won't be worth much more.
You could do the low budget stuff, vents intake and maybe the bumper, spindles if you have the cash & takes the most labor-what ever you have cash to complete. The rest is bolt on-won't take any time & you can do during the season. Maybe by Dec or Jan you will have the $ for the skiis and shocks... you may not miss them much early season anyway.
It's so hard to get money into a tax exempt account I'd hate to see you spend it....even if it is really an investment...it's not like spending money on a sled or is wasting it!!!

Do what Ron says!

 

[Nelson]

Bad idea. I loved my nine but finally got rid of it cause it was a money pit

Amen on that. I've had 3 900's so I guess maybe I've about owned more of them then anyone else and had proly 3 times into them as you did...my mistake, if I was you I wouldn't mess with cashing out the 401K....just my .02 I would leave it in there.

 

[V-Man]

Considering your 401k is probably near it's all time low (hopefully) it would beyond foolish to pull it out now. When the market rebounds (hopefully within 3-5 years) we will all see massive gains in our 401k. Frankly, you should probably up your contributions and only do low cost mods, if any.

Better idea. Tell your wife to get a second job!

 

[justadude]

Those 900's are a problem waiting to happen!! Sell it and get a different sled!!
I know of to many dudes who cooked their motors or have stuff simply vibrate off!!!

 

[switchback]

Don't put long term growth funds into zero return depriciating machinery.

Here you go: Buy a 1/2 lb of weed. Split it into quarters, eighths, and roll up a quarter into J's. Sell it. Pay cash for the rest of your project

~lol

 

[RideGuy]

Do you like punching yourself in the balls??

Quit throwing your money away!!!!! Now beat me over the head and tell me the same thing!!!!!!!!! I beg you!!!!!!!!!

I might be one of the few who love my 9... But that only because I've spent Soooooooooooooooooooooooooooooooooooooooooo much money on it and I have to trick myself into loving.....

It does kick some *** on the hill no doubt.... and I have everything done to mine you can!!!! only the bulkhead, throttle boddies, and grips are still original!!!!

Even this year I have another 2g's going into the pig.... Mostly because I like to beat all the new iron with the Old 05 900 and Rub it in.... But it's going to be retired next year to back up sled......


Hope this helps.....

Whhhaaatttt Vvvvviiiiiibbbbrrrrraaaattttiooooonnnnn.............. WWWwwwhhhhiiiiiiinnnnnnneeeeerrrrrrssssss........ IIIIiiiiiiii CCccccaaaannnnnnttttt t tt t t t Fffffeeeeellllll IIiiiiiitttt..t..t..... WwWWwhhhhhaaaatttt aaaaarrrreeeee yyyyouoouououu Tttallalakkiinngg aaaabbbbobbuouuuttttt ??/??!??!!!?!?!??!??!

 

[Trashy]

Do you like punching yourself in the balls??

Hope this helps.....

Whhhaaatttt Vvvvviiiiiibbbbrrrrraaaattttiooooonnnnn.............. WWWwwwhhhhiiiiiiinnnnnnneeeeerrrrrrssssss........ IIIIiiiiiiii CCccccaaaannnnnnttttt t tt t t t Fffffeeeeellllll IIiiiiiitttt..t..t..... WwWWwhhhhhaaaatttt aaaaarrrreeeee yyyyouoouououu Tttallalakkiinngg aaaabbbbobbuouuuttttt ??/??!??!!!?!?!??!??!

Bahaha ^^^

 

[Dogmeat]

Yeah ..

I guess once I get that stock swaybar back in it, then ditch the SLP intake and put the spindles and skis on ... It will be ridable for the winter.

I guess the shocks will have to wait.

I think I can probably afford a grand or so on it this winter without sacrificing my future ..

I dunno, if I would have had any sense at all about me when I started this "project" last winter I would have known never to pay somone else to do work on your sled if you want it done right ...

Never making that mistake again.

 

[MN_Nole]

Do not pull out of your 401k now, worst decision you can ever make. Market is down it will cost you three to four times the amount you 'HAVE' in it , not to mention what it WILLL cost to rebuild it. Market is down, put money it, not take it out. I took money out of my 401K, to buy a house, long term investment, while the housing market is down, maybe a smart choice. I watched a buddy take money on his 401K to add mods to his V-rod. Bike already lost value, and his risk went throught the floor.

We took close to the same amount, I am making money on mine, his is loosing money every day. Don't touch your 401K unless long term gains.

Dogmeat, look at what is the sled be worth, when you may ever want to get rid of it. Look long term on 401K withdrawdrawls.

 

[MN_Nole]

Don't put long term growth funds into zero return depriciating machinery.

Here you go: Buy a 1/2 lb of weed. Split it into quarters, eighths, and roll up a quarter into J's. Sell it. Pay cash for the rest of your project

~lol

Now I know how you run your business. Good customer service, at a good price.... With extra income on the side,,,, hahahahah

You bald headed hippie...

 

[togwotee9]

Don't put long term growth funds into zero return depriciating machinery.

Here you go: Buy a 1/2 lb of weed. Split it into quarters, eighths, and roll up a quarter into J's. Sell it. Pay cash for the rest of your project

~lol

I just feel out of my chair.

 

[Skinner]

Took the money out of the wife’s 401 a few years ago. Bad mistake. I wish I could have that decision again!

 

[Wolfrun]

Dogmeat, Take it from a half retired fellow, leave the 401s alone right now and keeping them apart is good. Do the sled a little at a time as you have money and time. That way you can tell better what things make the most difference too. Sleds are never done anyway. If ever I am done on something I have to start something else. Just enjoy doing it your self a little at a time and you will be able to ride it more too.

 

[skibreeze]

It's called a retirement account, LEAVE IT THE F.UCK ALONE! Cashing out 401's is stupid, let alone pulling it for toy money.

 

[switchback]

Now I know how you run your business. Good customer service, at a good price.... With extra income on the side,,,, hahahahah

You bald headed hippie...

I'll never smoke weed with Willie again........