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> how much need to earn to afford 300k car?

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SUSGlockers
post Apr 10 2014, 08:12 PM

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Minimum 50k per month.
sgt goebellx
post Apr 10 2014, 08:13 PM

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QUOTE(Sammich! @ Apr 10 2014, 08:11 PM)
Ceo business man and pilot won't buy 300k car liao. Will be 1 million car liao
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Dont be so sure , its subjective actually everyone has different priorities,mindset and interest , and not all pilots,ceo and businessman earning more than 10k

This post has been edited by sgt goebellx: Apr 10 2014, 08:13 PM
SUSFindingGamerWife
post Apr 10 2014, 08:13 PM

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QUOTE(sgt goebellx @ Apr 10 2014, 08:10 PM)
when you earn so much , invest 5k-10k on a depreciating asset to give you better comfort ,peace of mind and safety is priceless . Never discount on safety because they can cost you much much more than that
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The problem is, driving smart is a waaaaaay better method to reduce death chance, rather than buying an expensive car.

the chances of death in a car is already low
but chances of death in a car, given you are driving smart, is darn near 0.00%


To me, the only reason to buy a car so expensive, if im a CEO of a company i dont fully own, so i can use company funds to buy said car, and "expense" it and charge my shareholders


This post has been edited by FindingGamerWife: Apr 10 2014, 08:14 PM
sgt goebellx
post Apr 10 2014, 08:17 PM

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QUOTE(FindingGamerWife @ Apr 10 2014, 08:13 PM)
The problem is, driving smart is a waaaaaay better method to reduce death chance, rather than buying an expensive car.

the chances of death in a car is already low
but chances of death in a car, given you are driving smart, is darn near 0.00%
To me, the only reason to buy a car so expensive, if im a CEO of a company i dont fully own, so i can use company funds to buy said car, and "expense" it and charge my shareholders
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thats a given however remember Andrea Pininfarina died because he choose to take the risk to ride on vespa and get run over by an 80 old man
SUSSammich!
post Apr 10 2014, 08:21 PM

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QUOTE(sgt goebellx @ Apr 10 2014, 08:13 PM)
Dont be so sure , its subjective actually everyone has different priorities,mindset and interest , and not all pilots,ceo and businessman earning more than 10k
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Ceo not earn more than 10k then wat the point b Ceo haha
sgt goebellx
post Apr 10 2014, 08:22 PM

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QUOTE(Sammich! @ Apr 10 2014, 08:21 PM)
Ceo not earn more than 10k then wat the point b Ceo haha
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Just like university degrees there come from many quality and sizes . Self important serf with illusion of grandeur always think everything in big scales

This post has been edited by sgt goebellx: Apr 10 2014, 08:22 PM
cubiclecarbonate
post Apr 10 2014, 08:23 PM

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just pay
teehk_tee
post Apr 10 2014, 08:24 PM

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QUOTE(FindingGamerWife @ Apr 10 2014, 08:03 PM)
if i earn 20 million a month also i wont buy a 300k car.

my brains will immediately go ka ching, forcing me to sell said car immediately (maybe get RM260K back),invest in a trust fund, generating returns of RM30K per year, and buy a Myvi by taking the longest bank loan (hopefully my car cost is RM600 per month)

so the RM30K returns per year, i invest it in another trust fund, netting me RM6K per year, enough to cover my car cost

Hence, instead of losing 300k on a car, i use the RETURNS OF THE RETURNS of the price, to buy a myvi.
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if you're earning at those levels.
having a depreciating asset around 400K won't kill you.. u deserve that comfort for the boss you are.

earning 20mil, driving myvi or kapchai is just slaving yourself to money
SUScrash123
post Apr 10 2014, 08:28 PM

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QUOTE(FindingGamerWife @ Apr 10 2014, 08:03 PM)
if i earn 20 million a month also i wont buy a 300k car.

my brains will immediately go ka ching, forcing me to sell said car immediately (maybe get RM260K back),invest in a trust fund, generating returns of RM30K per year, and buy a Myvi by taking the longest bank loan (hopefully my car cost is RM600 per month)

so the RM30K returns per year, i invest it in another trust fund, netting me RM6K per year, enough to cover my car cost

Hence, instead of losing 300k on a car, i use the RETURNS OF THE RETURNS of the price, to buy a myvi.
*
LOL..joke of the year..say the people that never be rich..why people want to be rich??
for fame
for attract women
for buy big house
for buy expensive car
for ego booster
for unlimited spending
and the list go on

i rarely hear billionaire that only have below 100k$ car..give me list of 3 people and i will believe ur statement

This post has been edited by crash123: Apr 10 2014, 08:28 PM
SUSFindingGamerWife
post Apr 10 2014, 08:28 PM

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QUOTE(teehk_tee @ Apr 10 2014, 08:24 PM)
if you're earning at those levels.
having a depreciating asset around 400K won't kill you.. u deserve that comfort for the boss you are.

earning 20mil, driving myvi or kapchai is just slaving yourself to money
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not really.

notice how out of the 300k, only the returns of the 30k is used to buy a car.
in fact, the 260k are all making more money to make more money for me.

all my earnings are making more money to make more money for me.

in short, by not buying a car, you are less a slave of your own money

because buying a car means you have to slave to pay for the debt, pay for maintainence, and work more.
Kuze
post Apr 10 2014, 08:30 PM

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QUOTE(FindingGamerWife @ Apr 10 2014, 08:13 PM)
The problem is, driving smart is a waaaaaay better method to reduce death chance, rather than buying an expensive car.

the chances of death in a car is already low
but chances of death in a car, given you are driving smart, is darn near 0.00%
To me, the only reason to buy a car so expensive, if im a CEO of a company i dont fully own, so i can use company funds to buy said car, and "expense" it and charge my shareholders
*
Lol, 0.00 where you get that shit from...
Not matters how safely you drive, someone else bound to hit you.
urnicksux2
post Apr 10 2014, 08:31 PM

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just take loan and enjoy la.........then join those bankrupt youngster

dont want bankrupt take money from ah long
SUSSammich!
post Apr 10 2014, 08:31 PM

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QUOTE(FindingGamerWife @ Apr 10 2014, 08:28 PM)
not really.

notice how out of the 300k, only the returns of the 30k is used to buy a car.
in fact, the 260k are all making more money to make more money for me.

all my earnings are making more money to make more money for me.

in short, by not buying a car, you are less a slave of your own money

because buying a car means you have to slave to pay for the debt, pay for maintainence, and work more.
*
I think u have the mindset of the poor and clearly never have enough money to use. All u think about is make more money for no reason. No goals. When u have earn to a level u don't really mind spending some money for yourself.
SUSSammich!
post Apr 10 2014, 08:32 PM

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QUOTE(urnicksux2 @ Apr 10 2014, 08:31 PM)
just take loan and enjoy la.........then join those bankrupt youngster

dont want bankrupt take money from ah long
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Ya I mean take loan la. Crazy r pay full. But how much earn to be able take loan and afford the car?
statikinetic
post Apr 10 2014, 08:36 PM

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Take your month income, multiply by 12. That's the limit for the car you can afford.
teehk_tee
post Apr 10 2014, 08:39 PM

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QUOTE(FindingGamerWife @ Apr 10 2014, 08:28 PM)
not really.

notice how out of the 300k, only the returns of the 30k is used to buy a car.
in fact, the 260k are all making more money to make more money for me.

all my earnings are making more money to make more money for me.

in short, by not buying a car, you are less a slave of your own money

because buying a car means you have to slave to pay for the debt, pay for maintainence, and work more.
*
if you extrapolate .. then all non-core assets like dining, own house, clothes etc should be kept minimal because well dining and dressing is a waste of money which could be productively used, own house - bungalows cannot accurately capture capital gains and yield as well as commercial property.

so drive kapchai, stay in shoplot, wear basics, eat good basic food . lel humans are creatures of comfort bro. 300k when you're rich represents a <2% expense ratio. kalau 2% expense pun nak save.. well i dont know whether you're living life or not.
IluvProton
post Apr 10 2014, 08:51 PM

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QUOTE(FindingGamerWife @ Apr 10 2014, 03:03 PM)
if i earn 20 million a month also i wont buy a 300k car.

my brains will immediately go ka ching, forcing me to sell said car immediately (maybe get RM260K back),invest in a trust fund, generating returns of RM30K per year, and buy a Myvi by taking the longest bank loan (hopefully my car cost is RM600 per month)

so the RM30K returns per year, i invest it in another trust fund, netting me RM6K per year, enough to cover my car cost

Hence, instead of losing 300k on a car, i use the RETURNS OF THE RETURNS of the price, to buy a myvi.
*
doh.gif sweat.gif

pls dun make jokes la.
20mil month = 240mil yearly. solely i take 100mil as saving. 100 million put in FD @ 3% also u having 3mil p.a / 250k monthly.
why do you want to earn so much while you don't spend ? doh.gif
hell. i can retired after 1st year working @ 20mil salary


statikinetic
post Apr 10 2014, 08:53 PM

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QUOTE(IluvProton @ Apr 10 2014, 08:51 PM)
doh.gif  sweat.gif

pls dun make jokes la.
20mil month = 240mil yearly. solely i take 100mil as saving. 100 million put in FD @ 3% also u having 3mil p.a / 250k monthly.
why do you want to earn so much while you don't spend ?  doh.gif
hell. i can retired after 1st year working @ 20mil salary
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These people make good ancestors.
IluvProton
post Apr 10 2014, 08:54 PM

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QUOTE(statikinetic @ Apr 10 2014, 03:53 PM)
These people make good ancestors.
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i bet is 1 and only ancestors only left millions of dollars + investment fund
but no biz assets laugh.gif
SUSFindingGamerWife
post Apr 10 2014, 09:02 PM

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QUOTE(IluvProton @ Apr 10 2014, 08:51 PM)
doh.gif  sweat.gif

pls dun make jokes la.
20mil month = 240mil yearly. solely i take 100mil as saving. 100 million put in FD @ 3% also u having 3mil p.a / 250k monthly.
why do you want to earn so much while you don't spend ?  doh.gif
hell. i can retired after 1st year working @ 20mil salary
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you dont understand simply because you are not in my position

Why do you think warren buffet still want to earn money despite being a billionaire?
Why do you think taib want to have power on sarawak despite being a billionaire?

every billionaire in top 20, continue to strive to become a billionaire

Once you reach my position, you will understand the real meaning of money. Money is not about spending on this that, showing off in a car, whatever

money is a game of life. it doesnt matter if i spend or do not spend on myself, but money is a game. all spending is meaningless in the spirit of the game of making more money. how much money can i ever accumulate? how big can my power and empire grow? how much money can i make in my lifetime? these are the questions once you reach financial independence. its no longer about how big car i can drive etc etc. those are just side dishes to the main game of money.

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