SL55/63/65/R230 AMG: how did you guys get so rich?
Thread Starter
Junior Member
Joined: Jun 2003
Posts: 43
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From: SD
C32
how did you guys get so rich?
i am currently a undergraduate college student, and my car is a C32. my mom did not pay for my car, i bought it with money i made doing stocks.
my dream is to drive a SL55 someday, or whatever better comes out.
i was reading some of the SL55 posts, and some of you have like 3 SL55's, an M3, a CL, and every car that people dream of, in one driveway!!
as a young, ambitious, student, i am looking for some insight in what to do with my life. i am currently studying economics.
could you guys explain what got you to be where you are today?
i guess some of you can't really say exactly what company, since some of you are probably famous, but i would really appreciate it if you could tell me some of your success stories.
you guys are living my dream, and i want to know how to get there.
thanks
my dream is to drive a SL55 someday, or whatever better comes out.
i was reading some of the SL55 posts, and some of you have like 3 SL55's, an M3, a CL, and every car that people dream of, in one driveway!!
as a young, ambitious, student, i am looking for some insight in what to do with my life. i am currently studying economics.
could you guys explain what got you to be where you are today?
i guess some of you can't really say exactly what company, since some of you are probably famous, but i would really appreciate it if you could tell me some of your success stories.
you guys are living my dream, and i want to know how to get there.
thanks
Member
Joined: Feb 2003
Posts: 192
Likes: 0
From: Hawaii/Conneticut
2005 SLK350
Re: how did you guys get so rich?
Originally posted by chromed out
i bought it with money i made doing stocks.
i bought it with money i made doing stocks.
my parents did give me quite a bit of money to invest with though... but i guess its true what they say, the rich get richer more or less. and they keep giving me money to invest with as long as i live up to their expectations. they're pretty damn strict but im not complaining yet
recently it has been very profitable to invest in stocks hasnt it?
Last edited by evanichka; Jun 25, 2003 at 01:44 PM.
Member
Joined: Feb 2003
Posts: 192
Likes: 0
From: Hawaii/Conneticut
2005 SLK350
i go for stocks that are under $5 dollars usually, i'm more of a short-term investor
siri was a pretty good play from 1.08 to 2.09 i think its just starting to catch on and i think its a better product than xmr, maybe ill get back into it later
chtr was a pretty good one too, paul allen cant be too stupid. missed my entry point after selling it because i was in some other stocks at the time
also holding on to inld for now
i've been riding akam since 1.27 and sbac since 1.95, have some in wbr right now, but if that turns out to be a dud ill just move on
its so $#%^ing hard to do this stuff in hawaii though, gotta wake up at 3:30am ^*%^&$$$%& lol
right now im focusing more on sbac and wbr. but since the market is cooling off a bit, i'm aiming for profits around xmas time, or might get out early if it seems to be heading down
but i have to thank akamai for making most of my profits :p some of my friends at MIT who know the founders told me some "rumors"
siri was a pretty good play from 1.08 to 2.09 i think its just starting to catch on and i think its a better product than xmr, maybe ill get back into it later
chtr was a pretty good one too, paul allen cant be too stupid. missed my entry point after selling it because i was in some other stocks at the time
also holding on to inld for now
i've been riding akam since 1.27 and sbac since 1.95, have some in wbr right now, but if that turns out to be a dud ill just move on
its so $#%^ing hard to do this stuff in hawaii though, gotta wake up at 3:30am ^*%^&$$$%& lol
right now im focusing more on sbac and wbr. but since the market is cooling off a bit, i'm aiming for profits around xmas time, or might get out early if it seems to be heading down
but i have to thank akamai for making most of my profits :p some of my friends at MIT who know the founders told me some "rumors"
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Senior Member
Joined: Aug 2002
Posts: 267
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From: U.K.
SL55
Its down to luck, the harder I work the luckier I got.
All joking apart, we all need a bit of good luck on our side but hard work and good people it what its all about for me.
Timing is important as well, what worked for me wouldn’t work if you did it now, its time has gone.
Don't get too hung up on coming up with a brilliant original idea, if you’ve found one then great but if not you could always look around to see what has just started to work for someone else and do the same thing somewhere else.
Look around you for people who have done well in two or three different fields and talk to them.
If you crack it, don’t forget the basics, everything in business boils down to someone buying and someone selling (trust me, everything) when you are the buyer you have the power, when you are the seller you don’t, so work harder at the buying than the selling.
Whatever you do make sure you get paid !
All joking apart, we all need a bit of good luck on our side but hard work and good people it what its all about for me.
Timing is important as well, what worked for me wouldn’t work if you did it now, its time has gone.
Don't get too hung up on coming up with a brilliant original idea, if you’ve found one then great but if not you could always look around to see what has just started to work for someone else and do the same thing somewhere else.
Look around you for people who have done well in two or three different fields and talk to them.
If you crack it, don’t forget the basics, everything in business boils down to someone buying and someone selling (trust me, everything) when you are the buyer you have the power, when you are the seller you don’t, so work harder at the buying than the selling.
Whatever you do make sure you get paid !
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Out Of Control!
Joined: Nov 2001
Posts: 21,014
Likes: 2
From: CA, NV, CO
Originally posted by evanichka
i go for stocks that are under $5 dollars usually, i'm more of a short-term investor
siri was a pretty good play from 1.08 to 2.09 i think its just starting to catch on and i think its a better product than xmr, maybe ill get back into it later
chtr was a pretty good one too, paul allen cant be too stupid. missed my entry point after selling it because i was in some other stocks at the time
also holding on to inld for now
i've been riding akam since 1.27 and sbac since 1.95, have some in wbr right now, but if that turns out to be a dud ill just move on
its so $#%^ing hard to do this stuff in hawaii though, gotta wake up at 3:30am ^*%^&$$$%& lol
right now im focusing more on sbac and wbr. but since the market is cooling off a bit, i'm aiming for profits around xmas time, or might get out early if it seems to be heading down
but i have to thank akamai for making most of my profits :p some of my friends at MIT who know the founders told me some "rumors"
i go for stocks that are under $5 dollars usually, i'm more of a short-term investor
siri was a pretty good play from 1.08 to 2.09 i think its just starting to catch on and i think its a better product than xmr, maybe ill get back into it later
chtr was a pretty good one too, paul allen cant be too stupid. missed my entry point after selling it because i was in some other stocks at the time
also holding on to inld for now
i've been riding akam since 1.27 and sbac since 1.95, have some in wbr right now, but if that turns out to be a dud ill just move on
its so $#%^ing hard to do this stuff in hawaii though, gotta wake up at 3:30am ^*%^&$$$%& lol
right now im focusing more on sbac and wbr. but since the market is cooling off a bit, i'm aiming for profits around xmas time, or might get out early if it seems to be heading down
but i have to thank akamai for making most of my profits :p some of my friends at MIT who know the founders told me some "rumors"
Member
Joined: Feb 2003
Posts: 192
Likes: 0
From: Hawaii/Conneticut
2005 SLK350
yeah when the market was hot just recently. i was basically glued to the monitor and traded many times a day, but now, its summer vacation and all so i just wake up early when i feel like i should buy or sell. after all, its just money and you can make it when youre old or young, but you can only enjoy youth (both body and mind) while youre young 
evanichka
Member
Joined: Feb 2003
Posts: 192
Likes: 0
From: Hawaii/Conneticut
2005 SLK350
i go through multiple brokers, i think every member of my family has a diff one lol
i started out with schwab because i knew so little and that was the big name, but now i have accounts with td waterhouse and datek (now ameritrade). I use td waterhouse most of the time though because they have an office in downtown honolulu where i can easily move my funds around instead of having to wait if i had to use ameritrade
dont think brokers really matter if youre not a daytrader
i started out with schwab because i knew so little and that was the big name, but now i have accounts with td waterhouse and datek (now ameritrade). I use td waterhouse most of the time though because they have an office in downtown honolulu where i can easily move my funds around instead of having to wait if i had to use ameritrade
dont think brokers really matter if youre not a daytrader
Almost a Member!
Joined: Aug 2002
Posts: 69
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From: florida/california
2003 CLK500
This is amuzing... occasionally I post (mostly lurk) to enjoy comments about MB (had 8 so far), and for a 'day job' all I do is stocks.. now that's here...funny though. And I found SIRI at .76 and out like you guys, and now wondering how it will do later on. (My interest initially was not the product, but their refinancing that enabled their survival in recent months..which was dubious at one time.)
Anyway, just amuzing to hear this... my work suggests the market will (barring catastrophe) only consolidate this summer (we were bullish since last Fall, and warned two weeks ago), and then hopefully rise anew into next year, without the kind of big catharsis some of the permabears are predicting...
'nough about stocks; how about the price increase coming on the new SL55's? hah... ought to be around 5%... but irrelevant as they'd just want more for the replacement, offsetting any better resale... anyway, enjoy this site, and yes, buying and selling too is everything; leaning against the mass sentiment sometimes...
cheers..
gene
_________________________________
SL55 black/gray
all options but distronic
www.ingerletter.com
Anyway, just amuzing to hear this... my work suggests the market will (barring catastrophe) only consolidate this summer (we were bullish since last Fall, and warned two weeks ago), and then hopefully rise anew into next year, without the kind of big catharsis some of the permabears are predicting...
'nough about stocks; how about the price increase coming on the new SL55's? hah... ought to be around 5%... but irrelevant as they'd just want more for the replacement, offsetting any better resale... anyway, enjoy this site, and yes, buying and selling too is everything; leaning against the mass sentiment sometimes...
cheers..
gene
_________________________________
SL55 black/gray
all options but distronic
www.ingerletter.com
Newbie
Joined: Jun 2003
Posts: 9
Likes: 0
omg....im soo jealous of you guys...i just got my first Mercedes a couple weeks ago-C32-and I had to hold my GPA above a 3.8 for a whole year...now that may seem easy since I am only a 16 y/o junior in hs...but for me that meant that i had to have like no life for a whole year so i could study...if only my parents would give me money to invest!! ok that was not meant to offend anyone...so dont take it the wrong way.
MBWorld Fanatic!
Joined: Jan 2003
Posts: 8,738
Likes: 0
From: Texas
i thought i had learned everything about stocks when i was 10 or something...i was WRONG,got a lot of more knowledge, was just curious to start early like everyone else said.
...now just learning more and more about it, not sure when i ll buy the shares in whichever company
...now just learning more and more about it, not sure when i ll buy the shares in whichever company
MBWorld Fanatic!
Joined: Jan 2003
Posts: 7,670
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From: Moon
marta
Originally posted by mustbetheazn
lol....totally off topic but i have not really seen any azn in here...neways....im drooling over the pics in the sticky....
lol....totally off topic but i have not really seen any azn in here...neways....im drooling over the pics in the sticky....
Newbie
Joined: Jun 2003
Posts: 9
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im trying to get it to fit the file size thing but its not working, i guess its because i use a 5mp camera so there's a lot of data packed into one pic. but im trying to resize it the best i can so i can post. but thanks for the comment.
Newbie
Joined: Jun 2003
Posts: 2
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1996/1955 Thunderbird
As any economist can tell you, there is only one way to "earn" the money to buy an SL55- Economic Profit. Any profit above zero (in economic terms, means the cost of money, so about 10%). There is no job that pays an SL55 wage, without being the result of economic rent (money earned that does not play a part in production, like lawyers and land owners).
Again, any economist will tell you the stock market is compeltly random. Profits seldom art returned to the stock holder, and their vote is nearly worthless, stocks trade like baseball cards on emotion and trend. You really think that stupid Amazon stock is worth the same as an oil company with assets? Only because people are morons, not based on its intrinsic value.
Here's the best way to get an SL55 without selling your soul, buy it a few years later. Look at the prices of the previous SL500, they are down to $25k. The SL55 is top dog today, give it a few years and it will be just another car that some jerk lost 50 grand on. You can get a $85k S500 for $45k if you dont mind a few years and about 30k miles. People baby these cars, there is reason to play an extra 40k because you want it new.
And if you really dont want to be smuck and lose all your dough, buy a vinage car. They dont depreciate. Sure they nickel and dime you to death and you always worry about vaporlock but you'll get a helluva lot more attention in a classic car. I drive my dad's SL55 AMG, it was fast as hell but its street appeal was the same was any other new mercedes.
Again, any economist will tell you the stock market is compeltly random. Profits seldom art returned to the stock holder, and their vote is nearly worthless, stocks trade like baseball cards on emotion and trend. You really think that stupid Amazon stock is worth the same as an oil company with assets? Only because people are morons, not based on its intrinsic value.
Here's the best way to get an SL55 without selling your soul, buy it a few years later. Look at the prices of the previous SL500, they are down to $25k. The SL55 is top dog today, give it a few years and it will be just another car that some jerk lost 50 grand on. You can get a $85k S500 for $45k if you dont mind a few years and about 30k miles. People baby these cars, there is reason to play an extra 40k because you want it new.
And if you really dont want to be smuck and lose all your dough, buy a vinage car. They dont depreciate. Sure they nickel and dime you to death and you always worry about vaporlock but you'll get a helluva lot more attention in a classic car. I drive my dad's SL55 AMG, it was fast as hell but its street appeal was the same was any other new mercedes.
MBWorld Fanatic!
Joined: Jan 2003
Posts: 7,670
Likes: 0
From: Moon
marta
Originally posted by mustbetheazn
im trying to get it to fit the file size thing but its not working, i guess its because i use a 5mp camera so there's a lot of data packed into one pic. but im trying to resize it the best i can so i can post. but thanks for the comment.
im trying to get it to fit the file size thing but its not working, i guess its because i use a 5mp camera so there's a lot of data packed into one pic. but im trying to resize it the best i can so i can post. but thanks for the comment.
no prob! I think there are some programs that lower the quality of the picture to make the file size smaller.
