patrick.net

Rin says

Ppl, a car serves one purpose, getting from point A to point B. And that's about it. Everything else is a vanity thing, the Toyota Corolla achieves the same goal as a Lexus, minus bragging rights.

Thus, I spend my cash on international esc*rts, because that's a real experience of feeling some t*ts and *ss without the lie of a so-called relationship.

Geez. Not everyone values the same things. The guy seems to be doing quite well and I'm sure he's worked pretty damn hard to get where he is. If he wants to get a BMW, then he should get a BMW.

And you're wrong--I'm pretty sure the comfort level in a luxury car is not the same as the comfort level in a Corolla. For someone who drives a lot, that isn't valueless.

Rin says

Ppl, a car serves one purpose, getting from point A to point B. And that's about it. Everything else is a vanity thing, the Toyota Corolla achieves the same goal as a Lexus, minus bragging rights.

Hilarious given that you seem to spend an inordinate amount of time on here banging on about the fact you fuck prostitutes. Congratulations on that remarkable achievement by the way.

What should I do with 200k?

Give it to me???

Bigsby says

Hilarious given that you seem to spend an inordinate amount of time on here banging on about the fact you fuck prostitutes

seems analogous in a way. he's not worried about the status of the women he fucks.

seems analogous in a way. he's not worried about the status of the women he fucks.

Except he seems to think his VD ridden, 1000+ partner whores are far superior. Good job it's just his rather florid imagination at work.

Bigsby says

Hilarious given that you seem to spend an inordinate amount of time on here banging on about the fact you fuck prostitutes. Congratulations on that remarkable achievement by the way.

At least I'm willing to admit that dating/relationships in America are a bunch of lies and half-truths and that many, if not most ppl in them, are actually miserable.

And yes, it's not worth spending money on luxury cars. That's called, Keeping Up With The Jones.

Rin says

At least I'm willing to admit that dating/relationships in America are a bunch of lies and half-truths and that many, if not most ppl in them, are actually miserable.

Really? Personally, I think you are just bullshitting and actually have little to no experience of the opposite sex. You just need to read some of your earlier posts on here to see what I mean...

Bigsby says

little to no experience of the opposite sex

It's been 4 years since my last relationship, you know, the whack job Canadian, so yes, it's all in the rear view mirror.

But the facts remain, relationships are a waste of time. And yes, I've heard your BS before, I'm in my mid-30s, not 15, And ask yourself how many teenagers know so much about fields like chemical engineering and STEM, management consulting, etc, w/o some experience in life.

Ask Strategist, if he's so happy in marriage.

lostand confused says

What should I do with 200k?

Give it to me???

Agreed. And to me. Getting shafted by Obummer's and CA's fucked up class war tax system this year. At this point any right-wing bigot nutter is better than this asshole and the Democratic party of cultural marxists abandoning a once flourishing meritocracy by spending other people's money. Have fun with my hard-earned money, assholes. Book it! ;)

Bigsby says

Rin says

Ppl, a car serves one purpose, getting from point A to point B. And that's about it. Everything else is a vanity thing, the Toyota Corolla achieves the same goal as a Lexus, minus bragging rights.

Hilarious given that you seem to spend an inordinate amount of time on here banging on about the fact you fuck prostitutes. Congratulations on that remarkable achievement by the way.

And on the real issue, as oppose to lifestyles, how does a Corolla not achieve the same goals as a Lexus, in terms of transportation?

Rin says

But the facts remain, relationships are a waste of time. And yes, I've heard your BS before, I'm in my mid-30s, not 15, And ask yourself how many teenagers know so much about fields like chemical engineering and STEM, management consulting, etc, w/o some experience in life.

Ask Strategist, if he's so happy in marriage.

I'm not sure what working in STEM has got to do with countering the fact you post about women like you're a feverish 15 year-old... unless you are the stereotypical nerd incapable of getting any.

Rin says

And on the real issue, as oppose to lifestyles, how does a Corolla not achieve the same goals as a Lexus, in terms of transportation?

I don't get your point. A bed in a room with a roof gives you somewhere to sleep, but that doesn't mean the experience of sleeping at Motel 6 is the same as a night at an Aman hotel.

Bigsby says

I'm not sure what working in STEM has got to do with countering the fact you post about women like you're a feverish 15 year-old... unless you are the stereotypical nerd incapable of getting any.

Of course I'm a nerd, that's fairly obvious. However, after the break up with the Canadian, I'd stopped caring about relationships altogether.

Today, women know that I'm in financial services and show interest. I simply don't care anymore. That's why I'd been advocating hoes over regular women because at least hoes are honest about what they want. Regular women are looking for a beta male, esp in their early 30s, to start a household.

My hope is that someday, your future spouse takes you to the cleaners and ruins your life. Then, you'll remember this conversation in the past.

Bigsby says

I don't get your point. A bed in a room with a roof gives you somewhere to sleep, but that doesn't mean the experience of sleeping at Motel 6 is the same as a night at an Aman hotel.

How much time do you spend in your car versus your bed? 1 hour vs 8 hours per day. Plus, what's so bad about a Corolla? Do you really need all the furnishings of a Lexus for a mere 1 hour of daily transportation? Are you that concerned about status?

Rin says

How much time do you spend in your car versus your bed? 1 hour vs 8 hours per day. Plus, what's so bad about a Corolla? Do you really need all the furnishings of a Lexus for a mere 1 hour of daily transportation? Are you that concerned about status?

WTF? It's a hotel. You're asleep all that time, so...

And there's nothing wrong with a Corolla, but what's wrong with buying a nicer car? Didn't he mention a BMW X5? $60,000 or so. That's not exactly making that much of a statement.

Bigsby says

didn't he mention a BMW X5? $60,000 or so. That's not exactly making that much of a statement.

An S&P500 tracker fixed annuity, with a $60K initial investment, using a 2% management fee structure, and since the downturn years are simply a 0% for that year, can grow to $110K, from 2001 to 2011. There are calculators online for this, if you don't believe me. That's a better way to use one's savings than in a show off vehicle.

Rin says

An S&P500 tracker fixed annuity, with a $60K initial investment, using a 2% management fee structure, and since the downturn years are simply a 0% for that year, can grow to $110K, from 2001 to 2011. There are calculators online for this, if you don't believe me. That's a better way to use one's savings than in a show off vehicle.

Oh, FFS. Yes, yes and if you'd bought Apple shares in 1997, blah-blah-blah. It sounds like he's saving more than enough for when he's old and grey and probably unable to do little more than droll as he's spoon fed at the nursing home. Maybe, just maybe, it's not such a bad thing to spend some of his own money on something he might quite like and at an age when he can enjoy it the most. After all, given all your claims about fucking expensive hookers in Canada, how much are you pissing away to get VD from someone who's shagged more people than your average Rolling Stone?

Bigsby says

if you'd bought Apple shares in 1997

Which shows that you don't know what you're talking about.

All cap gain tech stocks are high risk volatile equities. S&P500 tracker fixed annuities are insurance products. Do you understand the difference?

If you want to play equities, without an insurance aspect, read my post on dividends ...

"If you want to be a passive investor, but want some assurance of not completely losing your shirt, stick to the usual dividend suspects like tobacco, utilities, alcohol, food stuffs, and automatically re-invest those dividends (DRIPs). That pile will grow over time. And what happens during years like '08, is that since the overall market goes down, the actual dividend percentage spikes up. I've even seen up to 12-20% dividends at the bottom, because the prices were so hammered but those industries earn enough to not have to cut the same payout as prior quarters. Basically during those troughs, you'll be buying up 2-3x the number of shares at the bottom. When the market re-coops, you're now own much more of those businesses than before. Nobody goes broke, betting on ppl's smoking addiction."

Sorry, but I give solid advice, not BS on buying luxury cars.

Rin says

Which shows that you don't know what you're talking about.

All cap gain tech stocks are high risk volatile equities. S&P500 tracker fixed annuities are insurance products. Do you understand the difference?

Don't be stupid. I was making a flippant comment about one stock pick. What difference does investing in the stock market over X period of time make to the decision of someone who claims to have paid off $500,000 on his house in 5 years and to have $400,00 in cash lying around? Clearly he needs the advice of an 'expert' on Patnet. This isn't a discussion of the best approach to his retirement plans, merely a comment about WTF is wrong with such a person buying a reasonably nice, somewhat above mid-range car. Clearly he can afford it. But oh, no, according to someone who claims to piss away his money on expensive Canadian hookers, it's a waste of money. Go figure.

Bigsby says

who claims to piss away his money on expensive Canadian hookers

I earn a lot more than I piss away (since I'm happy with a mere Accord) and since I don't have a leech Mrs in my life, my eggsnest is growing, remember the dividends. Many of my married friends have financial issues, not me.

Bigsby says

What difference does investing in the stock market over X period of time

You obviously don't know what an annuity product is. It's sold by an insurance company, so that when the market goes down (yes, during years like 2000-02, 2007-09, etc), your principal is preserved. Yes, they have a management fee during the flush years, so you don't get the max out of a bull run, but at least your capital is preserved. Does this make sense to you?

Rin says

I earn a lot more than I piss away (since I'm happy with a mere Camry) and since I don't have a leech Mrs in my life, my eggsnest is growing, remember the dividends. Many of my married friends have financial issues, not me.

And he and his wife don't? His wife has a high paying salary. Clearly she's a real leech compared to your claimed hookers.

Rin says

You obviously don't know what an annuity product is. It's sold by an insurance company, so that when the market goes down (yes, during years like 2000-02, 2007-09, etc), your principal is preserved. Yes, they have a management fee during the flush years, so you don't get the max out of a bull run, but at least your capital is preserved. Does this make sense to you?

Good grief. Once again, what has all that got to do with him buying a car he wants?

FYI, Camry is my next car. I currently drive an Accord.

Bigsby says

Good grief. Once again, what has all that got to do with him buying a car he wants?

He can do whatever he wants, who's stopping him. On the other hand, there's no UTILITARIAN purpose in a $60K vehicle when a $20K vehicle does exactly the same thing minus the status symbol.

And yes, someday ... when he's downsized, rightsized or facing age discrimination (about to get kicked out of his field), that annuity which grew from $40K to $70K during the decade (which is the full price for two 2 yr old Corollas), may come in handy. That's called saving for a rainy day.

Bigsby says

real leech compared to your claimed hookers.

I expense the hotel rooms and then, those gals are out of my life after a short while, no strings period. Yes, it's economical, versus playing "Keeping Up With the Jones", buying the Mrs jewelery, taking her out all of the time to nice restaurants, moving to the *right* school district, etc.

Rin says

FYI, Camry is my next car. I currently drive an Accord.

That wasn't information that I had any interest in knowing strangely enough.

Rin says

On the other hand, there's no UTILITARIAN purpose in a $60K vehicle when a $20K vehicle does exactly the same thing minus the status symbol.

Remarkable. The capital letters make all the difference. You could say the exact same thing for just about anything people spend their money on. You know rather like how you could get yourself a steady girlfriend rather than paying for a hooker in a foreign country.... You never did say how much those trips cost...
And this isn't an either or issue, is it? A bloke who paid off $500k of his mortgage in 5 years and saved $400k in the process isn't exactly living hand to mouth. And last I checked, buying a mid-range BMW isn't really that much of a status symbol. You should know - don't you claim to be working in investment banking or some such? Would that count as a status symbol amongst your colleagues?

Rin says

I expense the hotel rooms and then, those gals are out of my life after a short while, no strings period. Yes, it's economical, versus playing "Keeping Up With the Jones", buying the Mrs jewelery, taking her out all of the time to nice restaurants, moving to the *right* school district, etc.

Or, you know, you could find yourself an educated and interesting woman to go out with who makes a similar salary to you...

And you still seem reticent to say how much you spend on these hookers...

Rin says

FYI, Camry is my next car. I currently drive an Accord.

I've known wealthy folks who drive corollas or accords for the same reason-image. They are very wealthy and could afford whatever car they want but they drive those to present a frugal, one of the guys image. Nevermind that they drink a bottle of wine that costs more than the average Joe's daily wages. Or own multiple houses in Hawaii.

I really don't understand your disdain for someone buying a nice car. At what point can one enjoy the fruits of their labor?

Bigsby says

You should know - don't you claim to be working in investment banking or some such? Would that count as a status symbol amongst your colleagues?

That's the point, I don't care about those douchebags.

I was once a STEM person and that's what I'm proud about. Working with idiot portfolio managers and tax consultants is not my calling, it's simply what I do, to retire from corporate America. And thus, I simply live humbly, avoid relationships, and bone hoes occasionally. And Quebec is a 5 hour drive from MA, not really another country, more like another state but French speaking.

Bigsby says

And you still seem reticent to say how much you spend on these hookers...

As an average, though I'd splurged once in a while, every 3 weeks, some $500, over the year about $8.5K.

tatupu70 says

I really don't understand your disdain for someone buying a nice car. At what point can one enjoy the fruits of their labor?

The thing is that a car is not an *experience*. I mean it's not like he's a street racer or something. If so, then yes, it's a part of a subculture of drivers.

For the average non-racer, wouldn't it be better to spend one's money on taking a class, travel, and/or doing something of interest. For me, that's the "fruit" of one's labor. A vehicle is just a mode of transportation.

Rin says

As an average, though I'd splurged once in a while, every 3 weeks, some $500, over the year about $8.5K.

You spend $8.5k a year (not counting all the other inevitable expenses, and the question mark about how you actually manage to claim your trips abroad to fuck hookers as a business expense) to have sex 17 times a year. Ha, ha, ha. You clearly are the person to advise someone on how best to spend their money.

Rin says

I was once a STEM person and that's what I'm proud about. Working with idiot portfolio managers and tax consultants is not my calling, it's simply what I do, to retire from corporate America. And thus, I simply live humbly, avoid relationships, and bone hoes occasionally. And Quebec is a 5 hour drive from MA, not really another country, more like another state but French speaking.

Ah, yes, I remember you saying that before. You clearly are an atypical investment banker if you think a BMW X5 is a status symbol. Or you aren't an investment banker.

Rin says

For the average non-racer, wouldn't it be better to spend one's money on taking a class, travel, and/or doing something of interest. For me, that's the "fruit" of one's labor.

Really? I thought it was going to Canada to fuck hookers.

Call it Crazy says

You

Evidently creativity is still a struggle for many people.

Your comment just demonstrated my point.

Easy, we have clients in Ontario/Quebec so as long as I make one call or one meeting, that hotel room is expensed, BFD. And really, how much does it cost to get a meal in Toronto, Ottawa, or Montreal? It's the same as my hometown.

And I'm not a typical banker because many of them work for the bulge bracket, I work for a New England based hedge fund which sells 'alpha', which is an actively traded dealbook to portfolio managers, etc, who can add it to their basket of products for institutional/corporate and individual investors. Since many of us are New Englanders, we stress our down-to-earthness and fiscal responsibly over *those* who work for the Street. I've taken it further than others, because I refuse to go for the Acura/Lexus/Infinity or Porsche/Ferrari thing like others who'd been getting the bonuses. They all think it's cute and quaint behavior, like I'm the small town boy in the world of trading, but so what. This isn't what I wanted to do with my life.

Bigsby says

Rin says

For the average non-racer, wouldn't it be better to spend one's money on taking a class, travel, and/or doing something of interest. For me, that's the "fruit" of one's labor.

Really? I thought it was going to Canada to fuck hookers.

That's between me and Strategist. This is my basic financial advice for those outside of the club. And yes, you're not invited.

Rin says

And really, how much does it cost to get a meal in Toronto, Ottawa, or Montreal?

I don't know, you tell me. Presumably, you go to the local 7-11 and pick up a few sandwiches. After all, you wouldn't want to frivolously waste money on restaurants. And anyway, shouldn't you be adding those to your expense account as well?

Rin says

That's between me and Strategist. This is my basic financial advice for those outside of the club. And yes, you're not invited.

Wow, a club of two. You and Strategist. Thank fuck I'm not invited.

Rin says

For the average non-racer, wouldn't it be better to spend one's money on taking a class, travel, and/or doing something of interest. For me, that's the "fruit" of one's labor. A vehicle is just a mode of transportation.

I get that you would prefer to spend your $$ on other activities. I don't get your need to push your values on someone else. You enjoy traveling. Maybe he enjoys taking a drive on the coast in a nice car. Doesn't mean you're right.

Bigsby says

And anyway, shouldn't you be adding those to your expense account as well?

I use the per diem because if I'm not actively "courting a client", I can't make that entertainment costs. Still, no one cares. As far as the firm is concerned, lodging and per diem are not a big deal, as it's expected that we'll usually be on the road, meeting up with customers.

Bigsby says

After all, you wouldn't want to frivolously waste money on restaurants

A restaurant is an experience and that's why I like 'em. When they cut the Prime Rib slice or when they talk about their specials and secret ingredients, that adds a spice to one's life. This is something you can't get at a Subway or a 7-11.

Which once again, shows me that you don't understand the difference between spending an extra $40K on a higher end car versus a night out at a Prime Rib steer house. That car will get old quickly and depreciate. The experience of driving a BMW will wane in a very short time.

That slice of Prime Rib (if it's good), will give you an experience and a memory that you'll want to experience again in the future. So far, I've had one every month and it's always been good. This is something that I enjoy.

Bigsby says

Thank fuck I'm not invited.

Since you're not my friend, you're welcome.

tatupu70 says

I get that you would prefer to spend your $$ on other activities. I don't get your need to push your values on someone else. You enjoy traveling. Maybe he enjoys taking a drive on the coast in a nice car. Doesn't mean you're right.

I work in finance and a lot of fellas spend their money on cars, so perhaps, this is a part of my disdain for that line of work.