Thread: Vehicles. Lease vs Buying

Originally Posted by Dutchman

He reports averaging over 10% on mutual funds .

I'd like to see his reports for the 2000-2001 and 2008-2009 bear markets.

My main beef with him is that his advice is way too aggressive for 95% of his audience. Also, he tells people to buy very expensive funds (ones with sales loads and high administrative fees.)

Originally Posted by Dutchman

He teaches that wealth building is a marathon.

As I said, he's fine on avoiding debt. For investing, tune him out.

Originally Posted by deathb4disco

I'd like to see his reports for the 2000-2001 and 2008-2009 bear markets.

My main beef with him is that his advice is way too aggressive for 95% of his audience. Also, he tells people to buy very expensive funds (ones with sales loads and high administrative fees.)




As I said, he's fine on avoiding debt. For investing, tune him out.

This is spot on! I know an Investment Advisor who was contacted to be the Advisor he “referred” in that area. It was very obvious that a fee was involved to be “That Advisor.” I know this Advisor very well, as I see him every time I look in the mirror. Since Dave doesn’t know me and my practice, how can he refer me in good conscience? His debt reduction is spot on, great advice. For investment advice, if you are versed in this area, you may not need advice. If not, seek a professional that comes with quality referrals. It’s not a “once and done” situation. Monitoring not only changing markets, but changing needs and goals of the investor is a lifelong challenge.

I've used his realitors and advisors in multiple areas . Very satisfied. They have to meet certain criteria. What region are you referring to ET and Ill Check on that ? Non the less , didn't mean to jack your thread sir . Sorry .

I echo what DeathB4Disco said on this. Any investment advisor who has high fees, charges and commissions should be avoided. Those costs eat away at one's savings and investments. Like he said, there are much better ways to invest. It just takes some research and inquiry to find them.

Originally Posted by Dutchman

I've used his realitors and advisors in multiple areas . Very satisfied. They have to meet certain criteria. What region are you referring to ET and Ill Check on that ? Non the less , didn't mean to jack your thread sir . Sorry .

Maybe I meet his criteria? I didn’t respond to the request, so that’s all I know. My criteria is, my clients needs are more important than what I earn. Thankfully, that criteria has served me well for 20+ years. Don’t misunderstand, I totally respect Mr. Ramsey’s program.

Thanks for all the replies. To clarify, I've never had a new vehicle, always been a couple years old. At the moment, a lease doesn't look like a good fit for us.
I am starting to go a little crazy though, not having a vehicle capable of towing. The good news is, I've widdled down the old honey Doo list ! Two more items to go, for now.
Ordered a point one antenna two days ago, it was at home tonight. Have some more items to get to make it work. First I need to figure out how I want to set the NMEA network up.
Gonna repack hubs and replace seals on boat trailer, that way when I get a tow vehicle, I'll be ready !

On a separate note - what vehicle would y'all recommend and why?
Nissan Pathfinder
Chevrolet traverse
Hyundai Santa Fe
Kia Sorento
Above list is no particular order, kinda. Whatever I get will be used.
At the moment, the Pathfinder gets the nod. One dealer we're working with offers a lifetime power train warranty. We've bought two cars from them now, luckily we haven't had to put it to the test. So I'm not convinced whether it's a marketing ploy or not.
It meets our requirements, for the budget and features. I'm aware it has the CVT transmission, which alot of people are mixed on. We currently have two vehicles with a CVT.
Thoughts? Experiences?

Nothing wrong with a good used vehicle.
I have driven F150 trucks forever, so I can’t give you any input on those vehicles.


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Look at Toyota FJ cruisers hold value. fun to own even if they keep saying they will quit making them.

Leasing - used to be a thing for business people on longer term, away from home assignments.
re-invented so people could buy cars they could look good in, but not afford