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Re: and without being too cynical (archive)

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Posted by eleison on October 15, 2001 at 11:34:05:

In Reply to: and without being too cynical posted by Orangemarlin on October 15, 2001 at 07:46:31:


Don't get married. Marriage and children are gigantic drains on cash flow, taking away from things like cars.

My recommendation. Get going in a career in a solid industry (I've always been in medical products). Buy a house. Get an Accord. When you've accumulated enough wealth for your age, buy a nice car.

Get married when you're 35 or so, financially set, and can have other types of fun in life.

I wouldn't base my investment strategy on buying an M5 someday.


Isn't being 35 a little too old to be having "other types of fun" in life???? After all, right now I'm young enough that when I have fun and I happen to regret it later, I can always excuse it with "I was young a stupid". When you are ~35, it's harder to use that excuse.

Also, I think I would like to have kids when I'm arround 30 - money is important; yea, I understand kids cost a lot, but then it's a quality of life issue.

Actually, when people talk about buying houses, investing, etc. When you are in your mid-twenties, I'm not sure if that is rational. After all, most people at that age move arround a lot - with a house, you need to stay put for at least ~2-3 years (taxes, closing cost, realtors, etc).





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