NOYB wrote:
"Clams Canino" wrote in message
hlink.net...
Insure it for liability only and accept your own risks in this world.


Can't. The bank requires insurance that covers the loan amount.

Pay cash.

basskisser wrote:
NOYB wrote:

"Clams Canino" wrote in message
rthlink.net...

Insure it for liability only and accept your own risks in this world.


Can't. The bank requires insurance that covers the loan amount.


Pay cash.



That right. Think small & pay cash.

"Don White" wrote in message
...

Think small

No thanks. Thinking small is for the unmotivated in life.

NOYB wrote:
"Don White" wrote in message
...

Think small

No thanks. Thinking small is for the unmotivated in life.

You think that because someone has a boat that they really like,
although it may be smaller than yours is "unmotivated"? Do you think
that just because someone isn't financially overextended is
"unmotivated"? I think that people who overextend just for appearances
are fools.

On 27 Aug 2006 09:12:34 -0700, "basskisser" wrote:


NOYB wrote:
"Don White" wrote in message
...

Think small

No thanks. Thinking small is for the unmotivated in life.

You think that because someone has a boat that they really like,
although it may be smaller than yours is "unmotivated"? Do you think
that just because someone isn't financially overextended is
"unmotivated"? I think that people who overextend just for appearances
are fools.

bk, do you think that NOYB was trying to be controversial in his statement?
Maybe he was just saying how *he* feels about life, and not passing any
judgements on others.

Why the attacks?

It's a nice Sunday...chill out.
--
******************************************
***** Hope your day is great! *****
******************************************

John

JohnH wrote:
On 27 Aug 2006 09:12:34 -0700, "basskisser" wrote:


NOYB wrote:
"Don White" wrote in message
...

Think small

No thanks. Thinking small is for the unmotivated in life.

You think that because someone has a boat that they really like,
although it may be smaller than yours is "unmotivated"? Do you think
that just because someone isn't financially overextended is
"unmotivated"? I think that people who overextend just for appearances
are fools.

bk, do you think that NOYB was trying to be controversial in his statement?
Maybe he was just saying how *he* feels about life, and not passing any
judgements on others.

Why the attacks?

It's a nice Sunday...chill out.
--
No, John, he certainly was, and always has, passed judgements on
others.

On 27 Aug 2006 10:47:03 -0700, "basskisser" wrote:


JohnH wrote:
On 27 Aug 2006 09:12:34 -0700, "basskisser" wrote:


NOYB wrote:
"Don White" wrote in message
...

Think small

No thanks. Thinking small is for the unmotivated in life.

You think that because someone has a boat that they really like,
although it may be smaller than yours is "unmotivated"? Do you think
that just because someone isn't financially overextended is
"unmotivated"? I think that people who overextend just for appearances
are fools.

bk, do you think that NOYB was trying to be controversial in his statement?
Maybe he was just saying how *he* feels about life, and not passing any
judgements on others.

Why the attacks?

It's a nice Sunday...chill out.
--
No, John, he certainly was, and always has, passed judgements on
others.

I'm discussing only the post you responded to, not the past few years.

I'm surprised that you'd take a philosophical comment like, "Thinking small
is for the unmotivated in life" as a personal attack or the passing of
judgement on you.
--
******************************************
***** Hope your day is great! *****
******************************************

John

"basskisser" wrote in message
ups.com...

NOYB wrote:
"Don White" wrote in message
...

Think small

No thanks. Thinking small is for the unmotivated in life.

You think that because someone has a boat that they really like,
although it may be smaller than yours is "unmotivated"? Do you think
that just because someone isn't financially overextended is
"unmotivated"? I think that people who overextend just for appearances
are fools.


If you're in your mid-30's and already have everything you want in life,
then good for you.

But then what is the point of working harder and desiring advancement in
your career? I think the saddest thing is someone who is in their prime
earning years and not workig to maximum potential because of apathy. If
you're 55+ years old, that attitude is fine. But not at my age.

"NOYB" wrote in message
news


But then what is the point of working harder and desiring advancement in
your career? I think the saddest thing is someone who is in their prime
earning years and not workig to maximum potential because of apathy. If
you're 55+ years old, that attitude is fine. But not at my age.


Hey!

Not to bring a dog to this debate, but for most people, their prime earning
and maximum potential years in terms of a career is in their 50's to 60's.

NOYB, as your "handle" stipulates, this question is none of my business, so
ignore it if you desire, but I am curious. Are you married? Do you have
any dependents, married or not?

I ask because your seemingly aggressive financial approach to life makes
perfect sense to me for a single person with no current or future financial
responsibilities other than to himself/herself. I am not saying it's right
or wrong but if someone in their mid 30's with a financial responsibility
for others who highly leverages themselves with interest only mortgages,
plus car and boat loans at basically the beginning of their career and
earning potential is taking a bit of a risk, IMHO. Old school maybe, but
too much debt can be a career killer no matter how much you earn at the
moment.

My question was prompted by your statement to Don White, "No thanks.
Thinking small is for the unmotivated in life."


Eisboch

"Eisboch" wrote in message
...

"NOYB" wrote in message
news


But then what is the point of working harder and desiring advancement in
your career? I think the saddest thing is someone who is in their prime
earning years and not workig to maximum potential because of apathy. If
you're 55+ years old, that attitude is fine. But not at my age.


Hey!

Not to bring a dog to this debate, but for most people, their prime
earning and maximum potential years in terms of a career is in their 50's
to 60's.

NOYB, as your "handle" stipulates, this question is none of my business,
so ignore it if you desire, but I am curious. Are you married? Do you
have any dependents, married or not?


Yes. Wife and three kids. School is funded, and pension plan is funded to
the max each year.

I have no personal debt other than the home and the larger boat. Credit
cards are paid off every month. In fact, the only "bad" debt I have is that
Grady White. A house is an appreciating asset (at least over the long
haul), and affords me a writeoff. The boat also provides a writeoff, but
the deprectiation outpaces the terms of the loan, so I consider it a "bad"
investment.





I ask because your seemingly aggressive financial approach to life makes
perfect sense to me for a single person with no current or future
financial responsibilities other than to himself/herself. I am not saying
it's right or wrong but if someone in their mid 30's with a financial
responsibility for others who highly leverages themselves with interest
only mortgages, plus car and boat loans at basically the beginning of
their career and earning potential is taking a bit of a risk, IMHO. Old
school maybe, but too much debt can be a career killer no matter how much
you earn at the moment.


I work 4 days/week. I could easily work a 5th day if money got tight.
Also, I have a business loan that costs me $6000/month. It will be paid off
in 3 years, increasing my disposable income quite a bit. I have own
occupation disability insurance, and enough life insurance to pay off my
debts and leave another million or so to the wife and kids.

I live tight, but not dangerously IMO.