Decisions.. Decisions.. What to do with 10k?

[outatime]

help me out on this guys. i need your opinions. i have saved up 10k. 4 things come to my mind

1. get a b18 type r conversion to my ek1.
2. sell my ek and combine the money i get to buy an ep3.
3. keep my ek and use the money to deposit for a house.
4. travel and get perspective in life.

what are your suggestions that would benefit me the most? i was talking to Ben this arvo while we were at Hannys and he's convincing me to get an EP3! lol

[squish85]

1. Nv believed in 2nd hand used import engines. You never know what was done to it and the added fact that most wreckers would not honor a warranty on a performance engine.

2. Consider insurance and other added costs (Seems to be the better option)

3. Yes, for future sake.. a house is an investment, a car is just a depreciating asset.

4. Honestly not very cost effective.. I would rather keep the cash for something else.. just like what gambate said.. invest in stock market.. Do some research and you would realise that many once expensive "QUALITY" shares can be bought at a bargain now.. But do not expect any short term gains nor returns.. If you are truly into the game, you might even want to keep it for long term..

[outatime]

haha thanks for the reply very informative.. what's your take on number 4?

[gambate]

for no.3 i suggest put it in share market and forget about it. come back for the fruits 10 years later..or whenever interest rate go past 5% again..

[e240]

I'd consider number 4

travel around Europe..

[lil_foy]

House house house imo.

Im starting to want to save for a house and im only 17.

[SHOGUNOVDDRK]

Aris where were you thinking of travelling too?

EP3's are nice but you realise you can potentially go K for 10k

Deposit on house (IMO) would be the best thing to do.

[paps02]

house.. its the only thing that will make you money. with the way the world is a trip to europe will be too exy, the ep3 will depritiate over time and.. or there is one other option

5. give it to me...

[outatime]

Aris where were you thinking of travelling too?

EP3's are nice but you realise you can potentially go K for 10k

Deposit on house (IMO) would be the best thing to do.

haha anywhere Lloyd. maybe Japan as I havent been there yet. even Rob from Hannys told me to go there so I would realize that modding cars is just a waste of money! lol

nah a k already cost 10k! labour, hassles and headaches arent included.

yeah house seems to be the good option.

[simonnowis]

agree..option 3 seems to be best, something you wont regret in the future.

[SHOGUNOVDDRK]

Japan or the House Aris.

I'd go the House (Japan will be there tomorrow)

besides we can crash your house for Monthly BBQ's

[rebound]

Problem about Japan though, is when you go there you're hooked.

I went in December and already missing it. Definitely an experience, but travelling will become addictive.