06-02-2003, 05:15 PM | #21 |
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Thanks Bungleau!!! You made my head hurt [img]smile.gif[/img] Ok Math aside [img]smile.gif[/img] it made sense to me, and it made sense to Mysticelt [img]smile.gif[/img] thanks for the assist [img]smile.gif[/img] (and yeah the car is gonna be paid off before august barring any hiccups). [ 06-02-2003, 05:16 PM: Message edited by: MagiK ] |
06-02-2003, 05:34 PM | #22 | |
40th Level Warrior
Join Date: July 11, 2002
Location: Chicago, IL
Posts: 11,916
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Quote:
Say what???? no vacation time? Jeez they better pay you a lot cause your gonna burn out real quick like....not to mention you are bound to become sick at some point....no one is perfectly healthy all the time.....man that really blows...I get 8.03 hours accumulated every 2 weeks. [/QUOTE]No *guaranteed* vacation alloted at my firm. So far, they seem to be cool about it if you need a day off here and there. I won't be taking a full week for a while though, probably, as a show of dedication -- probably 2 years before I seek to head back to my place in the Carribean for a week again. As long as we bill 2000+ hours/ yr though, they're pretty cool about it if you come in late, leave early, take a day off, or work at home. Boy, now I'm way OT. Sorry dudes and dudettes. |
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06-02-2003, 11:21 PM | #23 |
Elminster
Join Date: January 16, 2003
Location: Michigan
Age: 58
Posts: 419
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I just did some research and some math and found that this wonderful tax cut will mean that next year I will save a grand total of approximately $53.00.
You cannot imagine the spending spree I will be having with that fat wad of cash.
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06-02-2003, 11:28 PM | #24 | |
Bastet - Egyptian Cat Goddess
Join Date: September 5, 2001
Location: Calgary, AB
Age: 49
Posts: 3,491
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06-02-2003, 11:50 PM | #25 | |
Drow Priestess
Join Date: March 13, 2001
Location: a hidden sanctorum high above the metroplex
Age: 54
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Quote:
No, the numbers in your example are fine, as is your logic. Given two loans of equal term, pay off the higher interest rate first. If you can pay off one loan quickly, do so, then apply those payments against the next loan to pay it off quickly. This is called "debt stacking", and will save you a great deal of money in the long run. MagiK's mentioning dollar cost averaging is also important, because this is the best way to save for the future. I have a mathematical proof that, by using dollar cost averaging, the price of an investment can drop drastically (66% in my proof) but you can still realize an amazing return on your investment. Or you could play the lottery...or take a vacation to Las Vegas. [img]tongue.gif[/img]
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06-03-2003, 09:11 AM | #26 | |
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ID if you invested that whopping $53 every month for 30 years, you would be looking at over $100K. Bitch whine and moan all you want but if you don't make it work for you, it is your own fault...sorry |
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06-03-2003, 09:44 AM | #27 |
Takhisis Follower
Join Date: January 7, 2001
Location: Mandurah, West Australia
Age: 60
Posts: 5,073
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I don't know how correct his maths are MagiK, but you would do well to re-read what the guy actually wrote. It looks to me that in your eagerness to slam him that you are slamming him on something that he didn't actually say.
Well either that, or you have a way of taking $53 "per year" (ah, plink, there is that penny [img]smile.gif[/img] ) and turning it into $100K in 30 years - if so, where do I get a piece of that action.
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06-03-2003, 10:18 AM | #28 |
Symbol of Cyric
Join Date: November 25, 2002
Location: NY
Age: 48
Posts: 1,190
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Magik (or anyone else) do you have a website that has info about the new tax cuts so that I can figure out what my take is?
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06-03-2003, 10:35 AM | #29 |
Jack Burton
Join Date: March 1, 2001
Location: Airstrip One
Age: 40
Posts: 5,571
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How to spend the money:
33% on booze 33% on women and the rest I'd just waste! You can't take it with you!
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06-03-2003, 10:37 AM | #30 | |
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