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  1. Join Date
    Feb 2008
    Posts
    12,683
    #1
    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
    Last edited by dreamur; September 18th, 2015 at 12:31 PM.

  2. Join Date
    Jul 2007
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    57,767
    #2
    If I already have a car, of course it's money in the bank. But if the amount of the SUV won't dent your savings, then go buy.

  3. Join Date
    Nov 2010
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    25,276
    #3
    Quote Originally Posted by _Cathy_ View Post
    If I already have a car, of course it's money in the bank. But if the amount of the SUV won't dent your savings, then go buy.
    Same sentiment. A car is not an investment afterall.

  4. Join Date
    Sep 2003
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    25,189
    #4
    The latest SUV only depreciates in value...Money in a investment earns interest ako.

  5. Join Date
    Oct 2006
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    5,994
    #5
    Quote Originally Posted by Monseratto View Post
    The latest SUV only depreciates in value...Money in a investment earns interest ako.
    pesos also depreciates in value ^^ it's just freakin' IOU paper.

    from an Austrian Economics perspective though, I'd rather have the SUV since it's tangible and can be used productively.
    Damn, son! Where'd you find this?

  6. Join Date
    Mar 2008
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    54,625
    #6
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    Quote Originally Posted by safeorigin View Post
    pesos also depreciates in value ^^ it's just freakin' IOU paper.

    from an Austrian Economics perspective though, I'd rather have the SUV since it's tangible and can be used productively.
    and the SUV, is just a freakin' mass of metal, silica, and petroleum by-product. it can be made to work and earn money for the owner (uber!, or something similar), or it can drive the owner to the poorhouse, depending on how wise that owner is.
    same with money. it can work for him thru wise investment, or it can be flushed down the toilet thru bad investment.

    so i guess, it will all depend on how shrewd the person is..

  7. Join Date
    Sep 2013
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    268
    #7
    Quote Originally Posted by _Cathy_ View Post
    If I already have a car, of course it's money in the bank. But if the amount of the SUV won't dent your savings, then go buy.
    I will put it in investments to gain interests. When I was a kidm I was taught to save money and put it in the bank but now that I'm grown up. I'd rather invest it in something that has high returns in the long run [real estate, equities, fleet[ - like what I do now. :D

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    Quote Originally Posted by _Cathy_ View Post
    If I already have a car, of course it's money in the bank. But if the amount of the SUV won't dent your savings, then go buy.
    I will put it in investments to gain interests. When I was a kidm I was taught to save money and put it in the bank but now that I'm grown up. I'd rather invest it in something that has high returns in the long run [real estate, equities, fleet[ - like what I do now. :D

  8. Join Date
    Feb 2008
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    12,683
    #8
    Ayaw nyo ng 2016 eve tapos ipapa-repo sa bank?

  9. Join Date
    Nov 2010
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    #9
    Quote Originally Posted by dreamur View Post
    Ayaw nyo ng 2016 eve tapos ipapa-repo sa bank?
    Lol taragis yan. Tapos bibilhin nang iba na mas mura. hehe

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    Quote Originally Posted by dreamur View Post
    Ayaw nyo ng 2016 eve tapos ipapa-repo sa bank?
    Lol taragis yan. Tapos bibilhin nang iba na mas mura. hehe

  10. Join Date
    Jul 2007
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    57,767
    #10
    Ayoko ng repo car, malas yan.

  11. Join Date
    Jul 2015
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    9,583
    #11
    Quote Originally Posted by _Cathy_ View Post
    Ayoko ng repo car, malas yan.
    If you havent establish youself, no house yet and unsure of your future and income, no brainer, money in the bank,

    If you already have a house, a passive income, savings and a growing family, plus wife that also has work, by all means get a suv

  12. Join Date
    Oct 2002
    Posts
    40,599
    #12
    Latest SUV! Hinde naman nakikita money sa bank eh. [emoji12]

  13. Join Date
    Feb 2008
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    12,683
    #13
    Quote Originally Posted by shadow View Post
    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!

  14. Join Date
    Apr 2014
    Posts
    473
    #14
    Latest SUV, need to project an image of "false" success. lol

  15. Join Date
    Sep 2015
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    3
    #15
    Hello! I am looking for freelance auto journalists who can do local news for a new car portal in the Philippines. If you know anyone who might be interested, please email me at lubguban.ven*gmail.com

  16. Join Date
    Aug 2014
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    1,186
    #16
    Quote Originally Posted by shadow View Post
    Latest SUV! Hinde naman nakikita money sa bank eh. [emoji12]
    At hindi rin na sasakayan ang pera. Just kidding :D

  17. Join Date
    Jun 2012
    Posts
    1,488
    #17
    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?
    Kung ilalagay lang sa garahe, huwag nang bumili. Kawawa lang ang gulong, iihian lang ng mga alaga.

    Kung gagamitin mo, SUV syempre. Hindi naman siguro yan na ang pinakahuli mong pera. Kung ilalagay mo sa banko at bigla kang naglaho sa mundo, di mo na napakinabangan yan.

  18. Join Date
    Oct 2015
    Posts
    300
    #18
    Time deposit. Bilis mag depreciate ang halaga ng car. Bad investment, pero kung necessity, why not buy one?

    I don't understand our neighbors, dala-dalawa cars, wala namang garahe, naka park sa kalsada even in front of our driveway.

  19. Join Date
    Sep 2014
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    8,492
    #19
    Quote Originally Posted by draiman View Post
    Time deposit. Bilis mag depreciate ang halaga ng car. Bad investment, pero kung necessity, why not buy one?

    I don't understand our neighbors, dala-dalawa cars, wala namang garahe, naka park sa kalsada even in front of our driveway.
    SUVs don't depreciate if you maintain it and take charge of its over-all well being. I got aging SUVs more than 10 years old

    I viewed as like those old Safari land rovers that still serve until now


    The problem kasi with our society, we always want the latest but SUVs are workhorses like those vacuum cleaners, refrigerators, gas ranges in your house. We don't bother to upgrade when it still serves its purpose until now

    Sedan and low ground cars depreciate coZ of our present road conditions but SUVs ang Dali I-repAir pang-ilalim

    I have collected four SUVs, 3 of them 4x4 or AWD. Now. I have 6 days a week going out, ni Hindi ko no makaspag Ito even when I use it alternately.

    SUVs are very good investment and are hedge against inflation and unforeseen repairs.

  20. Join Date
    Oct 2015
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    300
    #20
    Quote Originally Posted by minicarph View Post
    SUVs don't depreciate if you maintain it and take charge of its over-all well being. I got aging SUVs more than 10 years old
    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...?

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Money in the bank or latest SUV ride?