Originally Posted by
shadow
okay guys, this may take a while, bear with me.
I was sitting down just a minute ago, and worked out, if a smoker quit one day, and put aside the money he spent every day on cigarettes, he would be able to buy a new car, every three years, albeit a lancer coupe or equivalent.
I worked out, if I take out a loan at age 18, for $50,000AUD, although i will need a guarantor, and invest it all in top-notch shares, and assuming they increase at 10%, although this can be significantly more, and put aside about $14AUD a day (ie, the cost of a pack of cigarettes), this will work out to about $5000 (nice round number, not exact) for fags, and at 10%, the dividends will earn about $5000 in the first year. if one accounts for inflation, say, an extra $100 a year added to the cigarettes, and assuming the investor buys more shares with his dividends, one could be debt-free, and driving something like an R33 skyline, just two years in. although, if you choose not to, and to continue a further 2 years, you can have $97,000 (again, not exact). and this is assuming the shares stay at 10%, etc.etc. last time i checked, $90K could buy an R34GTR, and just in time to drive it legally! works for me!!!! oh, also, I worked it out to continue for a total of 10 years, and I could have a bmw 3-series priced car, in the 4th year, as well as a GTR, and $248,000AUD. also, this doesnt really bite into your income at all!