Comments on: Buying a Porsche with House Money http://www.thedividendguyblog.com/buying-a-porsche-with-house-money/ One Guy's Journey to Passive Income Through Dividend Investing Sun, 14 Mar 2010 11:17:23 -0600 http://wordpress.org/?v=2.9.2 hourly 1 By: Tom Allen http://www.thedividendguyblog.com/buying-a-porsche-with-house-money/comment-page-1/#comment-17915 Tom Allen Mon, 16 Jul 2007 19:58:34 +0000 http://www.thedividendguyblog.com/2006/09/29/buying-a-porsche-with-house-money/#comment-17915 Considering that buying a house is likely to be the single biggest financial undertaking that most individuals will make in their lives, it always amazes me that a lot of people don't have a better understanding of the mortgage and real estate industries. Any information like what you give here that can inform people and help them to make better decisions for themselves is a good thing. I run a mortgage information site myself and I always try to help. Considering that buying a house is likely to be the single biggest financial undertaking that most individuals will make in their lives, it always amazes me that a lot of people don’t have a better understanding of the mortgage and real estate industries.

Any information like what you give here that can inform people and help them to make better decisions for themselves is a good thing. I run a mortgage information site myself and I always try to help.

]]> By: skidmark997 http://www.thedividendguyblog.com/buying-a-porsche-with-house-money/comment-page-1/#comment-2908 skidmark997 Wed, 04 Oct 2006 21:45:51 +0000 http://www.thedividendguyblog.com/2006/09/29/buying-a-porsche-with-house-money/#comment-2908 I'm from the UK and found your blog having googled "porsche blogs." I think the attitude to money in Europe is very different to you, our cousins across the pond. I travel to the US and Canada regularly and I'm amazed by the finance deals and zero percent options offered by retailers to consumers. I'm guessing that most people look in the short term and think "hey, those monthly payments are low, let's have two!" Yes, we in the UK borrow lots of money to buy houses but generally we save for everything else. I've got a Porsche and I saved up for mine. I don't have any credit card debt or loans. You might consider that I have a sensible approach to my finances but to be honest anyone who spends £80K on a Porsche has no sense with money whatsoever. My argument : You're a long time dead and when I'm wheezing my last breath in the nursing home, I won't be thinking "wasnt that car a waste of money." PL I’m from the UK and found your blog having googled “porsche blogs.” I think the attitude to money in Europe is very different to you, our cousins across the pond. I travel to the US and Canada regularly and I’m amazed by the finance deals and zero percent options offered by retailers to consumers. I’m guessing that most people look in the short term and think “hey, those monthly payments are low, let’s have two!” Yes, we in the UK borrow lots of money to buy houses but generally we save for everything else. I’ve got a Porsche and I saved up for mine. I don’t have any credit card debt or loans. You might consider that I have a sensible approach to my finances but to be honest anyone who spends £80K on a Porsche has no sense with money whatsoever. My argument : You’re a long time dead and when I’m wheezing my last breath in the nursing home, I won’t be thinking “wasnt that car a waste of money.” PL

]]> By: The Carnival of Personal Finance ‘68 Hits the Oregon Trail | Punny Money http://www.thedividendguyblog.com/buying-a-porsche-with-house-money/comment-page-1/#comment-2874 The Carnival of Personal Finance ‘68 Hits the Oregon Trail | Punny Money Mon, 02 Oct 2006 08:14:39 +0000 http://www.thedividendguyblog.com/2006/09/29/buying-a-porsche-with-house-money/#comment-2874 [...] We’re getting really low on funds. Hopefully we’ll be able to buy a home with zero down payment in Oregon. And once lots of people start moving to Oregon, the property value of our home will skyrocket, and we’ll take out a HELOC and buy a Porsche if they’ve been invented by then. [...] [...] We’re getting really low on funds. Hopefully we’ll be able to buy a home with zero down payment in Oregon. And once lots of people start moving to Oregon, the property value of our home will skyrocket, and we’ll take out a HELOC and buy a Porsche if they’ve been invented by then. [...]

]]> By: cdntrader http://www.thedividendguyblog.com/buying-a-porsche-with-house-money/comment-page-1/#comment-2849 cdntrader Sat, 30 Sep 2006 02:26:36 +0000 http://www.thedividendguyblog.com/2006/09/29/buying-a-porsche-with-house-money/#comment-2849 Rather havea nicely loaded Subaru Outback myself. Rather havea nicely loaded Subaru Outback myself.

]]> By: Tyler http://www.thedividendguyblog.com/buying-a-porsche-with-house-money/comment-page-1/#comment-2846 Tyler Fri, 29 Sep 2006 20:09:11 +0000 http://www.thedividendguyblog.com/2006/09/29/buying-a-porsche-with-house-money/#comment-2846 You are right on the money sir! Cash flow is king. Maybe you can buy one of the Porsche's that get repo's with your dividend checks when the "House of Cards" comes tumbling down. Discipline + Cashflow = Wealth You are right on the money sir!
Cash flow is king.
Maybe you can buy one of the Porsche’s that get repo’s with your dividend checks when the “House of Cards” comes tumbling down.
Discipline + Cashflow = Wealth

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