I've posted this before, but here is something to think about (also Dave Ramsey)
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<a href="http://www.youtube.com/watch?v=BKyV8CTHeJ0">www.youtube.com/watch?v=BKyV8CTHeJ0[/QUOTE]
Like the overall message of the video. A couple things I don't like about the video tho.
-I paid 5k for my beater. Within the first year, I put at the very least about 3 grand more in it (without regular maint. and gas). I'd be lucky to get that 5k back at the end of the first year. Much less the 3 grand put in to keep it on the road.
-12% return? In this economy? Please tell me more so I can get in on that! Nevermind the fact that he ignores market fluctuations, Uncle Sam and the mutual fund fees. Again if anyone is getting that in a mutual fund getting that after taxes and fees, let me know please.