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One for the filthy rich guys :)

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Old 02-21-2009, 03:43 PM
  #136  
BuddyK
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Originally Posted by care4era
So you have paid for your massive house, you have 5 cars in the garage, you go on holiday a few times a year. What else would you waste your money on?

More travel - you never regret traveling - always good memories, and always worth whatever cash.

Go to Germany, and get a nice 911 with international plates, and do the Nurburgring in the day and drink big cold beers in the evening - repeat.
Old 02-22-2009, 03:01 AM
  #137  
Nicolaasdb
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I know it sounds very gay.....but I would have a ****load of kids.....love the little ones....and ofcourse a 20 car garage for 40 exotic cars....
Old 02-22-2009, 05:38 AM
  #138  
ArneeA
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Originally Posted by care4era
So you have paid for your massive house, you have 5 cars in the garage, you go on holiday a few times a year. What else would you waste your money on?
find the true meaning of happiness.
Old 02-22-2009, 04:08 PM
  #139  
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Simply put, I would retire...then do whatever I want.

How about resurrecting the mortgage tangent again?
Have perspectives changed in 2 years?

I'll throw my 2 cents into the original debate and say that it really depends on your perspective. If you are an average person, intelligent "leveraging" may make sense.
If you win $30 million in the lotto, keeping a mortgage for a tax write-off is no longer a good idea.
Old 02-22-2009, 04:41 PM
  #140  
SH || NC
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Originally Posted by ArneeA
find the true meaning of happiness.
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Old 02-22-2009, 04:55 PM
  #141  
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Originally Posted by Anders0n||C4S
Oh yeah!
Old 02-22-2009, 09:22 PM
  #142  
ArneeA
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Originally Posted by Anders0n||C4S
Oh hell yeah, that's better than 72 virgins right there!
Old 02-22-2009, 11:38 PM
  #143  
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Originally Posted by 1999Porsche911
My question is, why would anyone payoff their house, no matter how much they are worth. Just makes no financial scense.
Maybe no financial sense, but it sure is nice not having a mortgage since '95, and at 46 yo being young enough to be able to cut back working hours, and stress (being self employed) Also having a very nice large home in a supurb area with greater than average appreciation, wonderful views, backing the mountains. I'm happy.
Old 02-22-2009, 11:53 PM
  #144  
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This thread reminds me of something way more important than money and material possessions that is often overlooked by those so sharply focused on personal success.

Utah entrepreneur Larry Miller died at 64 yo of complications due to diabetes. He was the owner of the Utah Jazz, several car dealerships and one of finest Motorsports facilities in the world, the Miller Motorsports Park. A few weeks ago he had both lower legs amputated in a move to try to buy him more time. He has been ill for quite a while and little has been reported as to details. He was a very successful business man and workaholic, who thought more time at the office was more important than eating healthy and exercise. Never got to fully realize or enjoy the fruits of his labor.

Your health is your wealth!
Old 02-23-2009, 01:32 PM
  #145  
washington dc porsche
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I agree but some people really love what they do for a living so it might have been all worth it to him.

Originally Posted by nick49
This thread reminds me of something way more important than money and material possessions that is often overlooked by those so sharply focused on personal success.

Utah entrepreneur Larry Miller died at 64 yo of complications due to diabetes. He was the owner of the Utah Jazz, several car dealerships and one of finest Motorsports facilities in the world, the Miller Motorsports Park. A few weeks ago he had both lower legs amputated in a move to try to buy him more time. He has been ill for quite a while and little has been reported as to details. He was a very successful business man and workaholic, who thought more time at the office was more important than eating healthy and exercise. Never got to fully realize or enjoy the fruits of his labor.

Your health is your wealth!
Old 02-23-2009, 02:27 PM
  #146  
Van
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Originally Posted by Porsche917K
>>
___________________________________________
Last edited by Porsche917K; 02-04-2009 at 04:19 AM.
I'm curious what you decided to delete 2 years later...
Old 02-28-2009, 05:24 AM
  #147  
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I agree with tiwh Health is Wealth... Have all the money in the world, but if you're dying...... it's no fun
Old 03-01-2009, 05:05 PM
  #148  
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Go to every F1 race one year...and squeeze in the 24 hours of LeMans.



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