|
letusreason -> RE: First Car (6/12/2009 3:20:00 PM)
|
quote:
ORIGINAL: blessedinnyc I turned 16 in 2001, and my first car was a red 1991 Oldsmobile Cutlass Supreme that my Dad lent to me. I grew up as a middle-class kid in a rather wealthy suburb of Chicago and my classmates made fun of me for driving the Cutlass. They said I should grow a beard and offer candy out of the car to young kids late at night. Or put a sleeping bag in the back and live out of it. Or they would joke that if I got pulled over by the cops for speeding and they saw the address on my license, they would assume it was a fake. One of my friends even named the car, "The Clunker." But I had $15K in the bank that I had saved up from mowing lawns since I was in third grade. I took that money and used it to buy a two-year-old Mustang. After that, the kids who made fun of me got laughed at for driving Lexuses. Still, it was a foolish financial move. Had I put the money in the stock market, or a Roth IRA, I'd have been able to pay for a semester or two of grad school. yea you really had it rough kid, how did u ever survive that horror? I had a 1963 Nash Rambler that I worked all summer cutting my grandfather's grass for. 4 door , inline 6, i think Mitt Romney has a collectors edition. And my friends were cool, we didn't base things on what people drove or how well to-do they were. Guess NY is different than the midwest. And yet you operated dangerous lawn equipment while in elementary school and making $1600 a year cutting grass, wow very commendable , and even somewhat miraculous. Yep stock market is better than cars, long term anyways.
|
|
|
|