To leave car audio or not to...

[xpl0it 10+ year member]

As some of you know I recently sold my computer, xbox 360, and old system to pay for my new one. Which would consist of 4 12" L7s off around 3000-3400 watts, but with this pile of $2200.00 sitting in front of me, it makes me realize how much I love money. I've been thinking investing it ALL into stocks (long term, dont' want a CD or anything) and try to make it amass to something fairly large over the next 10-15 years. My friend turned his 1500.00 into over 5 grand in just 9 months even (really lucky her father is a stockbroker). Anyways, would you guys rather invest to try to have a lot of spending money in the future, or get a badass new system now. I'm 19 and will be graduating high school, so the investment seems more practical.

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[ballstothewall 10+ year member]

Invest for college...

 

[937DYTBOI 5,000+ posts]

leaves more car audio for me, i also save to

 

[XaznKewLguyX 10+ year member]

i'm in the same situation. Money is tight and I kind of just wanna sell all my equipment. If you really want to save money INGDIRECT.com can help you. If you need someone to refer you PM me and you will get a $25 dollar bonus if you open an account and deposit $250 or more. Interest rates are real good. You should check it out at http://www.ingdirect.com

 

[xpl0it 10+ year member]

Well I wouldn't be paying for my tuition. I already have a running scholarship to Butler University (where I'm going next year). My parents are paying for my education. This would be more long term, like after college.

 

[nismboy6986 10+ year member]

the smart thing would be to save it up. if you are like me and are addicted to bass and a stereo without it seems really lacking just buy something small to hold you. in a few years you might be able to buy a escalade with 4 18 solox's or something. even though i would save half and buy a lb of weed with the other then split the profits of that and a couple of re-ups to invest the same amount and have a pretty nice system. coke is quicker but i wouldn't really f with whitegirls

 

[xpl0it 10+ year member]

What exactly is it, just a banking firm that pays high interest?

 

[xpl0it 10+ year member]

ingdirect has a 5.25% annual interest rate CD, that gets me like 110.00 lol. I'm trying to maximize profits in every aspect, even if that means putting it all in stocks, which is the riskiest...but as we all know

The greater the risk, the greater the return can be

 

[MadAudio 10+ year member]

you could always start a 401keg plan //content.invisioncic.com/y282845/emoticons/smile.gif.1ebc41e1811405b213edfc4622c41e27.gif

http://www.caraudio.com/forum/showthread.php?t=158005&highlight=401keg

 

[dleccord 5,000+ posts]

the smart thing would be to save it up. if you are like me and are addicted to bass and a stereo without it seems really lacking just buy something small to hold you. in a few years you might be able to buy a escalade with 4 18 solox's or something. even though i would save half and buy a lb of weed with the other then split the profits of that and a couple of re-ups to invest the same amount and have a pretty nice system. coke is quicker but i wouldn't really f with whitegirls

//content.invisioncic.com/y282845/emoticons/biggrin.gif.d71a5d36fcbab170f2364c9f2e3946cb.gif

 

[xpl0it 10+ year member]

I'm looking into mutual funds

 

[Raisedin305 5,000+ posts]

I say the smart choice would be to leave car audio and invest

 

[carchrism5 10+ year member]

do both, im in the same situation almost, bout to go off to college, got thousands invested in my car, but didn't lose sight of what else is important so i have invested alot of money as well. So keep working and do like 50/50 where u invest 50 % and keep the rest for spending money which can be used for car audio

 

[bimma85 5,000+ posts]

As some of you know I recently sold my computer, xbox 360, and old system to pay for my new one. Which would consist of 4 12" L7s off around 3000-3400 watts, but with this pile of $2200.00 sitting in front of me, it makes me realize how much I love money. I've been thinking investing it ALL into stocks (long term, dont' want a CD or anything) and try to make it amass to something fairly large over the next 10-15 years. My friend turned his 1500.00 into over 5 grand in just 9 months even (really lucky her father is a stockbroker). Anyways, would you guys rather invest to try to have a lot of spending money in the future, or get a badass new system now. I'm 19 and will be graduating high school, so the investment seems more practical.

rarely are you gonna triple your $ in 9 months with stocks //content.invisioncic.com/y282845/emoticons/wink.gif.608e3ea05f1a9f98611af0861652f8fb.gif. Personally I'd prolly just put it in the bank and wait to get a bunch of ps3s //content.invisioncic.com/y282845/emoticons/smile.gif.1ebc41e1811405b213edfc4622c41e27.gif

 

[zachzchw 5,000+ posts]

the smart thing would be to save it up. if you are like me and are addicted to bass and a stereo without it seems really lacking just buy something small to hold you. in a few years you might be able to buy a escalade with 4 18 solox's or something. even though i would save half and buy a lb of weed with the other then split the profits of that and a couple of re-ups to invest the same amount and have a pretty nice system. coke is quicker but i wouldn't really f with whitegirls

Youre not really very smart, are you? //content.invisioncic.com/y282845/emoticons/rolleyes.gif.c1fef805e9d1464d377451cd5bc18bfb.gif