2 years later...

Masa

Buy a nice house in a good location first, THEN you can supercharge and/or buy new car.

No point having a nice car without a nice place to call home.
I always tell people don't judge a man by what a he drives but where he parks at night.

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BMW 340i
Jeep Cherokee Trailhawk

Rui Z

I don't think you should judge a man by his house either. Judge him by his character or how hot his girlfriend is.

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kenchan

so you live with your parents?

11Thumper

Always, I mean always place a higher priority on long-term investments. Cars are cool (so are motorcycles, airplanes, etc) but they drop value every single day. Not to say the housing market has been great lately (I'm under on the house I bought in 2006) but long-term still the best route.

You always need to have a place to live so it's a fixed expense. Do not rent and fund someone else's lifestyle. Buy your own house and every month you pay mortgage you are paying yourself.

I say, keep the Z as-is. Forget the FI and buy a house. With you money you saved from not buying the FI get a hot tube and bring the ladies over.

mjg

+1

edit in: a home is not an investment, it's just equity.. buy home because it's yours, and you can get some value right now. don't get suckered into the idea you're going to make something off it.

You don't need an overpriced exotic yet, the Z is awesome, and you don't need to build an investment portfolio (since the market is a mess and I wouldn't gamble right now), use your money where it makes you happy and makes most sense. If you need to put: put in a bank, or buy some gold bars LOL.