How do you afford your toys?

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Sep 9, 2009 | 10:17 PM

#26

vdubpower

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Joined: Dec 2003

Posts: 6,279

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From: OC

i drive them all, fast and hard

sflgator, are u in ft. lauderdale area, BGMC?

Sep 10, 2009 | 12:44 AM

#27

desmo996

Thread Starter

Member

Joined: Jul 2009

Posts: 143

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From: Las Vegas

BMW 335i, Ducati 996, Mercedes C63 AMG

Quote:

Originally Posted by phonetics

i am going to use my last week's stocks earnings on the panamera turbo... that's how i afford it...

Do you trade for a firm or independently? I ask because I traded futures for many years in Chicago and trade for my own account now.

Sep 10, 2009 | 02:17 AM

#28

LP560-4

Member

Joined: Aug 2009

Posts: 157

Likes: 1

c63

Quote:

Originally Posted by desmo996

Do you trade for a firm or independently? I ask because I traded futures for many years in Chicago and trade for my own account now.

Nice, do you mind telling me what is the best way to learn to trade futures for someone who wants to trade from home?

btw why did you stop working in Chicago (trading futures), it must have been a very lucrative career?

Sep 10, 2009 | 02:27 AM

#29

vivianlove

Senior Member

Joined: Feb 2002

Posts: 345

Likes: 0

From: United States

2002M3

Quote:

Originally Posted by dmyrick

male prostitute

I'm Rick's assistant...

Sep 10, 2009 | 03:50 AM

#30

Fantasm

MBWorld Fanatic!

Joined: May 2007

Posts: 1,200

Likes: 0

From: Irvine, CA

Car Whore

I sell corn cobs out of my push cart on the street here in LA.
If I really need to bump up my cash flow I slang oranges on the freeway offramp.

Sep 10, 2009 | 03:55 AM

#31

phonetics

Senior Member

Joined: Apr 2005

Posts: 497

Likes: 1

Quote:

Originally Posted by desmo996

Do you trade for a firm or independently? I ask because I traded futures for many years in Chicago and trade for my own account now.

it's just my personal investments... not my full time job... i am not in the financial business... .but i feel like to be rewarded to have made some correct decisions recently...

Sep 10, 2009 | 04:45 AM

#32

VCA_AMG

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Joined: Feb 2009

Posts: 1,293

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From: So Cal

2018 E63S Wagon

I'm surprised so many people answered. Pretty private question IMO.

BTW I sweep floors at MIT and solve wicked-haad equations in my spare time.

Sep 10, 2009 | 06:44 AM

#33

AMGC60-3

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Joined: Aug 2008

Posts: 1,291

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From: N.Jersey and New York, stationed in Germany

W164 ML500,SMART For two,1994 C280(5speed manual) 1999 C230k station wagon

Quote:

Originally Posted by dmyrick

male prostitute

Soooo, your saying that you are a man *****??

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Sep 10, 2009 | 07:10 AM

#34

stefi

Super Member

Joined: Jan 2003

Posts: 506

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From: Budapest

Cayenne Turbo

I incorporate offshore companies for my clients. And have a media business, I sell advertisements on buses in my country....

Sep 10, 2009 | 08:48 AM

#35

propain

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Joined: Aug 2009

Posts: 3,974

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From: NY

See Sig

Im a street corner orange vendor in the morning and I wash windshields at red lights during the day. At night im a phone sex operator. I install chrome on cars on the weekends.

Sep 10, 2009 | 09:05 AM

#36

FormulaZR

Super Member

Joined: Apr 2009

Posts: 537

Likes: 3

From: West Texas

Yes

I steal from the rich and split the money between myself and lazy people who don't want to work! Oh, wait, no...I forgot, I'm not a democrat!

I am a project engineer for a construction company that is currently building wind turbines.

Sep 10, 2009 | 10:07 AM

#37

Shooff

Junior Member

Joined: May 2008

Posts: 71

Likes: 0

From: Winnipeg, Manitoba

2009 C63 AMG

Work in the Engineering Department for the Canadian equivalent of the FAA in the US.

Sep 11, 2009 | 08:16 PM

#38

C300pilot

Newbie

Joined: Sep 2009

Posts: 11

Likes: 0

From: Central, NJ

2012 C300 Sport and a few others...

I own a Bowling Center...alot of stress believe it or not, but the rewards are great in the end..
even tho i dont own a c63(i just read here cause i love them) i still think im doin ok for 28 yrs old..
this one bowling center helped me buy a few other cars, an airplane, and a nice Donzi 38zr powerboat..

So not everyone has to be in the medical feild or have some fancy exec. job to have alot of toys as alot of people think..

Sep 11, 2009 | 08:17 PM

#39

dmyrick

Super Member

Joined: Aug 2009

Posts: 533

Likes: 0

From: prattville alabama

C63

Quote:

Originally Posted by C300pilot

what kind of aircraft do you have?

Sep 11, 2009 | 09:13 PM

#40

1st amg

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Joined: Apr 2008

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From: Ottawa, Ontario, Canada

SLS Irridium silver,2014 GL350 BT Irridium, 2015 White Dodge RAM Hemi Quad

Do you have any pics of the Donzi?? WOuld love to see them!

Sep 11, 2009 | 10:24 PM

#41

C300pilot

Newbie

Joined: Sep 2009

Posts: 11

Likes: 0

From: Central, NJ

2012 C300 Sport and a few others...

here is a link to a video i put on youtube
http://www.facebook.com/n/?video/vid...1175G89ee0dG1e

here is another link to a different video my friend took of me flushing one of the engines.
http://www.youtube.com/watch?v=TVyMuTAAQr8
here is a quick video of us cruising
http://www.youtube.com/watch?v=in6R1...eature=related

i will post pics up when i get home and back to my personal computer..im at my office right now so no pics here..

enjoy the vids for now

Ant

Sep 11, 2009 | 10:29 PM

#42

C300pilot

Newbie

Joined: Sep 2009

Posts: 11

Likes: 0

From: Central, NJ

2012 C300 Sport and a few others...

dmyrick...i have a Mooney M20C nothing special..nice little bird..not too slow..gets me where i need to be and it sips fuel...

in a few years i will upgrade to something bigger...my only complaint about the Mooney is that its pretty small inside...if i fly with 3 people on board it gets cramped on long flights...

Sep 11, 2009 | 10:52 PM

#43

dmyrick

Super Member

Joined: Aug 2009

Posts: 533

Likes: 0

From: prattville alabama

C63

Quote:

Originally Posted by C300pilot

don't kid yourself man a mooney is top of the line aircraft, you should be very proud of her.

Sep 12, 2009 | 12:43 AM

#44

chairman

Member

Joined: Mar 2004

Posts: 241

Likes: 1

From: Rockville, MD

I thought that being independently wealthy would be fun, but instead I went to school to be a CPA. So far, so good.

Sep 12, 2009 | 01:10 AM

#45

Fantasm

MBWorld Fanatic!

Joined: May 2007

Posts: 1,200

Likes: 0

From: Irvine, CA

Car Whore

Quote:

Originally Posted by C300pilot

Nice! I think its time for me to get a nice boat. Donzi sounds good

Sep 12, 2009 | 02:57 AM

#46

desmo996

Thread Starter

Member

Joined: Jul 2009

Posts: 143

Likes: 0

From: Las Vegas

BMW 335i, Ducati 996, Mercedes C63 AMG

Quote:

Originally Posted by LP560-4

As far as trading futures the mechanics are pretty straight forward. You can get an overview and learn the basics online. Just google futures trading primer or something of the sort.

Then open up an account with a futures broker and only trade a simulated live account until you are able to be profitable for 6 consecutive months. I can't stress this enough because of how easy it is to lose money quickly and blow out your account (I blew out 2 accounts learning the hard way).

Most importantly you must create a trading plan and remain extremely disciplined and controled with it. Futures is a very fast paced environment and usually very short term due to the extreme leverage involved. It can really play games with your mind so don't rush into it unless you have loads of money to burn.

I got off the floor in the late 90's because the exchange floor concept was becoming antiquated, there was really no more "edge" and membership prices started tumbling. I decided to move to computer based trading and pursue a new opportunity in Vegas which ended up being a very good thing.

Last edited by desmo996; Sep 12, 2009 at 03:01 AM.

Sep 12, 2009 | 10:21 AM

#47

C300pilot

Newbie

Joined: Sep 2009

Posts: 11

Likes: 0

From: Central, NJ

2012 C300 Sport and a few others...

Quote:

Originally Posted by dmyrick

don't kid yourself man a mooney is top of the line aircraft, you should be very proud of her.

nah a mooney bravo is a top of the line aircraft..or a nice Columbia/Cessna 400 would be nice also....but i am proud, I started off with a piper warrior...it sure had more room then the mooney tho..
I think the aircraft market is totally different then cars though..They hold thier value much more and its alot easier to own a plane for a few years and then upgrade since you dont loose much value wise..its really insurance and maint. costs you have to look at when buying an airplane...

The M20C i have is very easy to maintain..

Sep 12, 2009 | 01:16 PM

#48

1st amg

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Joined: Apr 2008

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From: Ottawa, Ontario, Canada

SLS Irridium silver,2014 GL350 BT Irridium, 2015 White Dodge RAM Hemi Quad

Nice Donzi!! I love those boats, just when I thought I had got rid of the bug for that thing......thanks dammit, now I am going to start researching again for one of those

Sep 12, 2009 | 02:37 PM

#49

LP560-4

Member

Joined: Aug 2009

Posts: 157

Likes: 1

c63

Quote:

Originally Posted by C300pilot

One of my finance professors in college said in class that most of the millionaires in this country are small business owners. I guess your on your way to being one (or already are). How hard is it to run a bowling center without any prior experience?

Sep 12, 2009 | 03:51 PM

#50

crazjayz

Member

Joined: Feb 2007

Posts: 86

Likes: 0

From: Los Angeles, CA

09 G37

Quote:

Originally Posted by LP560-4

Actually, most of the millionaires in this country are retired. 401k's and IRA's have done WONDERS at making people millionaires. It's probably the easiest way to become one.

For the people who seriously posted in this thread, I find it quite interesting at the career spread. Good to know that there seem to be stable jobs across the board to afford this car.

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