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      05-16-2019, 08:08 AM   #41
DETRoadster
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Drives: M2 MG 6MT / Moto Guzzi V7
Join Date: Jul 2016
Location: Seattle

iTrader: (1)

natedog7700 How old are you and how much are you putting away for retirement? My hunch is the answer is "In my 20s and not much." Compound out what $42,000 in the S&P will do for you over the course of 40 years.

EDIT - OK I got curious. Jump in your time machine and go back only 30 years. Drop that $42,000 into an S&P 500 fund and return back to present time. Your bank account now has $675,000 in it. M3s are not an investment. They are a guilty pleasure and a total waste of money, IF they come at the expense of sound fiscal decisions. If you are already saving and have at least 6 months' salary in the bank and your retirement fund is chugging along towards meeting your goals, and you STILL have cash left over for that M3 then by all means, get it.

Last edited by DETRoadster; 05-16-2019 at 09:46 AM..
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