Anyone like these wheels...Im buying them need info
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1st Gear
Joined: Dec 2007
Posts: 122
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RE: ANyone like these wheels?
ORIGINAL: a6in
If that's your white audi in your sig, i think it would look cool with black wheels.
If that's your white audi in your sig, i think it would look cool with black wheels.
1st Gear
Joined: Jun 2007
Posts: 227
RE: ANyone like these wheels?
ORIGINAL: weed4life
And to whoever posted bout my 401k I plan to reimburse I need the $$$ for a move to FL. It wasnt much, about 5k. I'm a youngin still, well i dont think 25 is a youngin
And to whoever posted bout my 401k I plan to reimburse I need the $$$ for a move to FL. It wasnt much, about 5k. I'm a youngin still, well i dont think 25 is a youngin
That being said, as to your 401(k), it is a horrible idea to spend 401(k) money on wheels. I don't care if it is "only" $1200, the point is that is $1200 less in your 401(k) and that is NOT a good investment. I know you think since you are only 25 that you don't need to save as much right now, but honestly I would reconsider and spend a little time doing the math to figure out what this is really costing you.
For instance, did you know if you kept that $1200 in your 401(k) from age 25 through age 65 earning a fairly conservative 9% interest on average you would actually end up with$41083.52? So let me ask you.....are those wheels worth $10k a piece? Because in reality, that is what they are costing you. If your 401(k) earned a little higher the results are even more disturbing....at 11% you are missing out on $86581, or at 13% you are missing out on over $180,000!
Now don't get me wrong....it is YOUR money and you should do what YOU want to do, I'm just trying to shed a little light on what it all means. We all have things we want, and maybe you are already putting away 20% on your salary into retirement and don't really have any concerns - or maybe your grandparents have a trust fund set up for you.....hey - if either is the case then congrats and pay not attention to anything I say.
I just don't want people to get ideas that borrowing from your 401(k) is the best choice. I personally believe it should only be used when someone loses a job, has medical expenses etc, etc and it shouldn't be used for spending cash. I know you are using the bulk of it to move, but that begs the question why you don't have any savings for such expenses and why you need to dig into retirement funds? Sorry....starting to preach and sound like Dave Ramsey, but financial matters get me going.
Best of luck with whatever you decide - I have the exact same stock wheels as you and would love to replace them, but honestly I have other priorities and just can't justify it, but part of that probably stems from the fact that I'm not sure how long I will have the A6 so who really knows.
2nd Gear
Joined: Apr 2007
Posts: 1,374
From: Charlotte, NC
RE: ANyone like these wheels?
^ second. I was not gonna say anything as it is not my business but I agree.. $5k with compounded interest wull be worht a lot when yuo retire and the way things are going.... you'll need all the $ you can get
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1st Gear
Joined: Dec 2007
Posts: 122
From:
RE: ANyone like these wheels?
ORIGINAL: Costner
First off, I like the wheels and they will look great on a white A6. I have a white one too, and I wouldn't even hesitate to buy them if you are in the market for wheels and have the cash.
That being said, as to your 401(k), it is a horrible idea to spend 401(k) money on wheels. I don't care if it is "only" $1200, the point is that is $1200 less in your 401(k) and that is NOT a good investment. I know you think since you are only 25 that you don't need to save as much right now, but honestly I would reconsider and spend a little time doing the math to figure out what this is really costing you.
For instance, did you know if you kept that $1200 in your 401(k) from age 25 through age 65 earning a fairly conservative 9% interest on average you would actually end up with$41083.52? So let me ask you.....are those wheels worth $10k a piece? Because in reality, that is what they are costing you. If your 401(k) earned a little higher the results are even more disturbing....at 11% you are missing out on $86581, or at 13% you are missing out on over $180,000!
Now don't get me wrong....it is YOUR money and you should do what YOU want to do, I'm just trying to shed a little light on what it all means. We all have things we want, and maybe you are already putting away 20% on your salary into retirement and don't really have any concerns - or maybe your grandparents have a trust fund set up for you.....hey - if either is the case then congrats and pay not attention to anything I say.
I just don't want people to get ideas that borrowing from your 401(k) is the best choice. I personally believe it should only be used when someone loses a job, has medical expenses etc, etc and it shouldn't be used for spending cash. I know you are using the bulk of it to move, but that begs the question why you don't have any savings for such expenses and why you need to dig into retirement funds? Sorry....starting to preach and sound like Dave Ramsey, but financial matters get me going.
Best of luck with whatever you decide - I have the exact same stock wheels as you and would love to replace them, but honestly I have other priorities and just can't justify it, but part of that probably stems from the fact that I'm not sure how long I will have the A6 so who really knows.
ORIGINAL: weed4life
And to whoever posted bout my 401k I plan to reimburse I need the $$$ for a move to FL. It wasnt much, about 5k. I'm a youngin still, well i dont think 25 is a youngin
And to whoever posted bout my 401k I plan to reimburse I need the $$$ for a move to FL. It wasnt much, about 5k. I'm a youngin still, well i dont think 25 is a youngin
That being said, as to your 401(k), it is a horrible idea to spend 401(k) money on wheels. I don't care if it is "only" $1200, the point is that is $1200 less in your 401(k) and that is NOT a good investment. I know you think since you are only 25 that you don't need to save as much right now, but honestly I would reconsider and spend a little time doing the math to figure out what this is really costing you.
For instance, did you know if you kept that $1200 in your 401(k) from age 25 through age 65 earning a fairly conservative 9% interest on average you would actually end up with$41083.52? So let me ask you.....are those wheels worth $10k a piece? Because in reality, that is what they are costing you. If your 401(k) earned a little higher the results are even more disturbing....at 11% you are missing out on $86581, or at 13% you are missing out on over $180,000!
Now don't get me wrong....it is YOUR money and you should do what YOU want to do, I'm just trying to shed a little light on what it all means. We all have things we want, and maybe you are already putting away 20% on your salary into retirement and don't really have any concerns - or maybe your grandparents have a trust fund set up for you.....hey - if either is the case then congrats and pay not attention to anything I say.
I just don't want people to get ideas that borrowing from your 401(k) is the best choice. I personally believe it should only be used when someone loses a job, has medical expenses etc, etc and it shouldn't be used for spending cash. I know you are using the bulk of it to move, but that begs the question why you don't have any savings for such expenses and why you need to dig into retirement funds? Sorry....starting to preach and sound like Dave Ramsey, but financial matters get me going.
Best of luck with whatever you decide - I have the exact same stock wheels as you and would love to replace them, but honestly I have other priorities and just can't justify it, but part of that probably stems from the fact that I'm not sure how long I will have the A6 so who really knows.
Again... 35mm Offset gonna be ok?
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