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Messages - bobbykurva

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General Off-Topic Board / Re: Eating Babies
« on: April 07, 2006, 02:45:20 PM »
Mmmmmmmm. Baaabiessss.... aararrrrrrrggghhhhh (*drooling*)!

General Off-Topic Board / Re: How would you fix Iraq?
« on: April 07, 2006, 02:42:05 PM »

Exactly what I was thinking - after bringing our troops home.

Incoming 1Ls / Re: Legal Career Information
« on: April 07, 2006, 02:07:17 PM »
For books - other than your local library - the cheapest place to purchase is Ebay if you don't mind the wait for shipping. I bought the aforementioned book on Ebay recently, brand new - for something like $10 shipped.

Incoming 1Ls / Re: Vehicles in law school
« on: April 07, 2006, 01:59:13 PM »
I suggest you re-read my reponse. My core arguement is that a vehicle is not an investment. I couldn't care less what the topic of this thread is about.

And just two responses ago you we're also arguing the point of investment or not. Don't attempt to back peddle now and teach us how to buy a car. And by the way - real estate probably isn't one of the wisest investments you could make at this point in many markets.

I'm done with you. ugh!

Incoming 1Ls / Re: Vehicles in law school
« on: April 07, 2006, 01:32:09 PM »
Yes, but your applying your mindset against a dictionary's definition onto an idea that is off topic. Sure your mindset may be the best angle in maximizing an investment, but the core arguement is whether a vehicle is an investment or not.

If your main focus was on investing - then yes, purhcasing a luxury vehicle vs. purchasing an ecnomic vehicle + investing the balance is a poor decision.

But without a focus on investing as an act, purchasing a vehicle is not an investment - idea, definition, fruitcake, etc. - call it what you want to call it, but through any perspective, a car is not an investment except for the aforementioned scenarios.

Incoming 1Ls / Re: Vehicles in law school
« on: April 07, 2006, 12:37:11 PM »
This arguement is losing focus on the topic on hand. No matter how you slice it - a vehicle in not an investment (unless it's an antique, limited production, rare, etc.) Sure, the money spent on luxury vs. economy could be invested, but the act of purchasing a vehicle is not an investment.

BTW - Just becuase it has cost you $300/yr in maintenance doesn't mean that everyone should expect the same results.

You have a tendency to express an individuals situations as everyones situation.

Incoming 1Ls / Re: Vehicles in law school
« on: April 07, 2006, 12:10:31 PM »

And that is precisely the difference between a Wharton grad and a non-Wharton grad.

Part of the reason why Wharton graduates are so sought after by recruiters is that we're trained to see all financial transactions as potential investments.  In the case of cars, you see it by realizing that the 20k worth of depreciation could earn substantial returns if invested in a different manner.

In other words, you're right in a technical sense -- but not in a sense that's helpful if you want to retire by the age of 40.

What you are describing my friend is called a "miser" - Have fun being retired at 40 - but I'd hate to drive a '74 pinto and eat nothing but Ramen noodles to do it. I don't mind trading a little elbow grease to live a comfortable lifestyle. It's only money - you can't take it with you.

Incoming 1Ls / Re: Vehicles in law school
« on: April 07, 2006, 11:33:53 AM »
a car isn't an investment;

If you spend money on it, it's an investment.

INVESTMENT - An asset or item that is purchased with the hope that it will generate income or appreciate in the future. In an economic sense, an investment is the purchase of goods that are not consumed today but are used in the future to create wealth. In finance, an investment is a monetary asset purchased with the idea that the asset will provide income in the future or appreciate and be sold at a higher price.

If I put $5 in your mom's G-string for a lap dance - that is NOT an investment (trust me)  ;D
Therefore your statement in incorrect.

Law School Admissions / Re: THE SUB 150 CLUB...WE DESERVE A THREAD!
« on: April 07, 2006, 11:27:44 AM »
It can be done. I scored <150 on both of my lsats and I have been accepted @ WNEC. I'm waitlisted at NESL and Albany, and still waiting for a handful of others.

My GPA isn't that great either - 3.1.

I do have a couple of years of work experience (high responsibility position), and a kick-ass PE if I do say so myself.

I'm not a URM - just your average whitey - so no help there.

It can be done - Keep your head up.

General Off-Topic Board / Re: Craziest place you ever got busy...
« on: April 07, 2006, 11:23:12 AM »
At night, over the trunk of my car in a residential cul-de-sac. That was exciting.

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