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

[Snow Flake]

You must be fairly young. I supervised young fire fighters for 25 years. I often could not convince them that contributing to their retirement account was the first money that they should budget out of their pay check. Excuses they used for not contribuing to their retirement accounts were hilarious to say the least. Things like, "I need some chrome wheels for my pickup", or "I can afford to make payments on a new four wheel drive pickup with that money".

After 10 years in retirement now and most of my friends retired too, I have never heard one say "I wish I would have taken a bunch of my money out of my 401 when I was a young guy so I could have cleared 1/3rd the value of it and spent it on a snowmobile".

 

[Deadsled]

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

I frigging lightbulb went off in my head when I read this one. My boating friend is a liquor distributor and his business is booming in this economy. When life gets tough, the tough.... "get stoned and chill out".

Where do I get this stuff called "weed"? what are "quarters" and "eighths" and how can we go to market????

 

[H2SNOW]

a little somethin to keep you on track

http://www.youtube.com/watch?v=iTjy_LW8DGM

 

[Deadsled]

Dogmeat,

Replace the word "900" with "girlfriend". Pretend the cool stuff for your "riding fun" turns into "girl bling".

So you want to know if you should spend your retirement on "girl bling" for your "girlfriend"?

See how easy that was?

 

[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

I frigging lightbulb went off in my head when I read this one. My boating friend is a liquor distributor and his business is booming in this economy. When life gets tough, the tough.... "get stoned and chill out".

Where do I get this stuff called "weed"? what are "quarters" and "eighths" and how can we go to market????

You need to know the secret handshake

 

[RideGuy]

a little somethin to keep you on track

http://www.youtube.com/watch?v=iTjy_LW8DGM

I didn't know a guy could headbang to this......???

Luv It!!!

 

[H2SNOW]

I didn't know a guy could headbang to this......???

Luv It!!!

we try

 

[SNOW JW]

I agree with Sawyer great sled but a money pit spend the money on a 08 or 09 Dragon and be done with it.

 

[Fosgate]

Seriously!? WTF are you thinking? Cash out your 401k early and kiss 30% of it goodbye to early withdrawl penalties and taxes. Not to mention the amount you have in there that has lost money and not yet recovered in an upward swing in the market which will eventually happen. If you are that hard up for cash you should not have the toy, sell the toy, or let it sit until you have the funds to get it going. I've seen the light and stopped buying new sleds every year tossing cash out the window on the way. After seeing friends tighten the belt and pay everything off (including house)and go debt free within 4yrs and seeing the freedom they have after doing so. I'm on the same path and look forward to not stressing about work. Seriously most of us worry about so much at work, how nice would it be that you could say fk it at any time and take your time looking to do something you love and not settling for the thing that pays the bills and has high stress involved. Not trying to preach David Ramsay but you seriously need to put your emotion in check in this one and look at the concept of the action you are considering and come to the conclusion that it is not WISE to do so. If your job promo increases your salary $15k don't just go out and buy more stuff to keep up with the status quo. Stuff it into your future like paying current debt off so your not paying all that interest and toss a portion to retirement & risk planning.

 

[Oh Crap!]

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.

Listen to this guy not Bizzaro Dogmeat.