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re: Bad credit auto loan, big down payment
Posted on 2/26/14 at 10:53 pm to DanielTosh
Posted on 2/26/14 at 10:53 pm to DanielTosh
quote:
I highly doubt the 2nd largest company in my field(multibillion dollar company) in the world is going to close shop.
quote:
Blockbuster LLC, formerly Blockbuster Entertainment Inc.,[2] is an American-based provider of home movie and video game rental services, originally through video rental shops (both owned and franchised), later adding DVD-by-mail, streaming, video on demand and cinema theater.[4] At its peak in 2004, Blockbuster had up to 60,000 employees and more than 9,000 stores.[5][6]
Due to competition from companies such as Netflix and Redbox, Blockbuster lost significant revenue and filed for bankruptcy on September 23, 2010.[7] On April 6, 2011, the company and its remaining 1,700 stores were bought by satellite television provider Dish Network at auction for $233 million and the assumption of $87 million in liabilities and other obligations.[8] The acquisition was completed on April 26, 2011.[9] Dish closed 200 branches in July 2011,[10] 500 more in the first half of 2012[11] and another 300 in 2013.[12] In November 2013, it was announced that the remaining 300 company-owned stores would close (though 50 franchise-owned stores would continue to remain open). The company's DVD-by-mail rental service will cease operations as well.
quote:
Plus you can write off more if you buy brand new
Spend more so you can write off more. That's a novel concept.
quote:
my fiancé is an RN so in the rare event that something happens to me I can make it.
Fact, more than 1/2 of today's marriages don't last. While I don't wish for anyone to ever go through a divorce, until you are married ... until you share everything ... you better start planning for yourself until you are joined as one.
At the end of the day, it's your decision and you have to do what's best for you.
When I was your age, I pissed away $60K on a vehicle that I thought I had to have. I got it and 3 years later, I sold it, for a considerable loss. It was one of the worst financial decisions I have ever made in my life and I still kick myself over it. It was the equivalent of throwing out $200.00 out of the window every week for 3 years straight.
Posted on 2/26/14 at 10:58 pm to Will Cover
There is a big difference in a movie company and an industry that literally runs the world. Even if it slowed down I have enough contacts to keep working. The chances of me getting injured where I can't work are probably <1%. I'm not going to quit living life because of a highly unlikely possibility. I have it set up with my CPA to safe around 40k a year. I feel like that's a pretty good bit and I am going to live decent off of the rest I make. Most people my age making what I make have $60k+ trucks, nice boats, RZRs, and go out and spend $200 every night they are home. Not many are saving money.
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