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People younger than 30

Posted on: September 8, 2016 at 07:08:38 CT
Rabbit Test MU
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could retire at 50 if they banked that money in an IRA and drove much cheaper transportation.

Compound the interest starting at a young age and the numbers are off the chart.

The amount of idiot in this country when it comes to financial planning is amazing. Idiots.

http://windgatewealthmanagement.com/the-power-of-compound-interest-and-why-it-pays-to-start-saving-now/
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MESSAGE THREAD

The One Trillion Dollar Consumer Auto Loan Bubble Is Beginni - JeffB MU - 9/7 23:02:46
     72 MONTH FINANCING AT 0% INTEREST!!!!!! - Tigrrrr! MU - 9/8 08:20:06
          Yes, it's craziness caused by idiotic Federal Reserve policy - JeffB MU - 9/8 10:33:30
     There will be a reversal. Only question is when and how much - GA Tiger MU - 9/8 07:51:22
     People younger than 30 - Rabbit Test MU - 9/8 07:08:38
          The sad thing is that our government is encouraging idiocy. - JeffB MU - 9/8 10:57:07
          I've bought one new car since 1967. The - GA Tiger MU - 9/8 07:53:11
               A 1 hour class on economics & financial planning would make - JeffB MU - 9/8 10:44:13
     You dont have to be wealthy to afford $499 a month - TigerMatt MU - 9/8 01:49:43
          Had a former co-worker who wanted a Ford Explorer bad when - Tigrrrr! MU - 9/8 08:03:31
          RE: You dont have to be wealthy to afford $499 a month - sarasotatiger MU - 9/8 07:56:30
     Quite the site(nm) - meatiger MU - 9/8 00:15:38
     Uh huh, The great unwinding credit bubble - Uncle Fester USMC - 9/7 23:08:01
          I know people that refuse to drive a car they are not making - MIZZOU_FANATIC MU - 9/7 23:27:15
               That's a crazy mindset. (nm) - JeffB MU - 9/8 09:28:34
               That is my ex wife. 3 years and new car, roll debt not - TigerMatt MU - 9/8 02:03:37
                    7 year loan on a car is just stupid.(nm) - MIZZOU_FANATIC MU - 9/8 10:13:46
                         Yeah, I saw an article awhile back that minorities tended to - JeffB MU - 9/8 10:31:06
               Well, It does make some sense as they can git Xpensive when - Uncle Fester USMC - 9/7 23:32:46
                    Say you buy car for $20K over 5 year loan. Same car 5 years - TigerMatt MU - 9/8 01:59:33
                         Yeah, I got a book from the library a long time ago that - JeffB MU - 9/8 10:17:05
                         technically reliability needs to be factored into the math - Roberts MU - 9/8 09:56:01
                              Yeah, but a well maintained older vehicle can still be relia - JeffB MU - 9/8 10:25:41




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