Quote Originally Posted by quickdodge®
And an even "dumber" person with nothing worthwhile to add. Why is anyone "dumb" for wanting to purchase a nice, new home and car? What's "dumb" about that? This is what I will do in a few years and I'm hardly "dumb." Later, QD.
I'll just mension that whatever you do with the money, if you have a mortgage you could save (hell, even make) money because of the way you do your taxes.

my supervisor has a house that costs half mil. He has the money cash to pay it off right away, but he doesn't. By claiming that house mortgage on his taxes, he's got more tax exempt money on whatever he earns then what he pays for his interest for the house .... lol, or in other words he's making money because of that.

another guy that works for our company use to lease cars rather than buying those for the very same reason

but I guess some of you are just not old enough to realise how some things work in this country. Sorry that I called you dumb - I should probably say something else