Money in the bank or latest SUV ride?

[yebo]

Sey waattt...?????

So you are telling me, sir, that a 2007 Honda CRV should still be priced at 1.3M since there is no value depreciation from the time the model went out the market...?

pssst! si OB yan! kinikiliti ka lang nyan para mag-react ka hahaha!

btw, crossover ang crv.

[1D4LV]

If given only 1 choice, which do you prefer? Having the money sitting in your bank/investment account or the latest SUV/model in your garage?

Ang sasagot ng both - supla! :D

money in the bank/investments.... its appreciating asset.... a passive income.
SUV....depreciating asset..... an expense.

if have a 100 million, both..... magsama ka pa ng condo units and real estate properties.
but kung limited (lets say 2M), sa investments ako, or I have the option of investing 1.2-1.5M, and get a second hand car kung kailanga. kung hindi naman, invest ko na lahat.

[CVT]

Latest SUV! Hinde naman nakikita money sa bank eh. [emoji12]

I like your thinking bro. Here's mine -

I will buy the nicest SUV or sports car that I can afford, take lots of pictures of it including the deed of sale, join a young MLM company and brag to high heavens about my income from networking. Then I start recruiting my gullible friends and watch my money in the bank grow exponentially!

Hahaha! Nice on bro.,- similar to an investment....

Invest the money and buy your SUV from the interest in a few months ...



"The measure of a man is what he does with power" LJIOHF!

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[kutangbato]

Suv then iparegister ko ke Uber then money earned invest it sa equities or high yielding investments acct.

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[jonski]

SUV. Sedan lang gamit ko sa kelangan ko mas malaki na 2nd car.

[SkyFlakes88]

If i have my house already and don't have a car yet and the money in the bank could buy a suv in cash i'd just buy me a sedan and save the rest in the bank.

[Newcomer123]

I'll save instead of getting an Suv...

Unless it's a sub mil Focus Ecoboost.

[StockEngine]

I'd pick the path which leads to early retirement

[jick.cejoco]

If the car makes money or is a necessity to make money, why not. Money in the bank only makes around 1% per annum. Invest somewhere else

[dr. d]

money in the bank!
look for a special investment.
use the interest to buy or supplement money for a smaller, cheaper, possibly used, car.

[KenGarcia]

Depende sa laman ng bank account. If mas malaki sa value ng latest SUV I'll keep it. Hahahaha. Kidding aside,money in the bank. For emergency or investment purposes.

[Walter]

Why are we even discussing this?

[A121]

as long as you are living within or below your means, i think it is ok to purchase anything. the interest rates are nearly zero for deposits. pag go for broke, syempre ibang usapan yun.

[dreamur]

Why are we even discussing this?

To test the maturity of the respondent

[KenGarcia]

To test the maturity of the respondent

And we are in an internet forum.

[dr. d]

Why are we even discussing this?[/QUOTE]

because we (o sige... they!) have money to burn !
you can join in, sir...

[shadow]

Suv pa rin! Bida sa barkada saka sa mga chicks. [emoji12]

[dreamur]

I remember some time ago a bank who offers the depositor a free car provided the he/she keeps a certain amount of deposit in the bank untouched for x years.

[KenGarcia]

I remember some time ago a bank who offers the depositor a free car provided the he/she keeps a certain amount of deposit in the bank untouched for x years.

Gaano naman kaya katagal yun sir, kahit rough estimate?

[dreamur]

Gaano naman kaya katagal yun sir, kahit rough estimate?

More likely at least 5 years similar to the double-your-money scheme mentioned by dr d. But I think that was like 10 yrs ago!