Must RANT!!!!!
Stellar HDF Member
Joined: Sep 2006
Posts: 3,236
Likes: 95
From: lancaster, pa
RE: Must RANT!!!!!
dude I got a stock tip for ya, (many stocks are artificially low right now). pm me and I will tell you what to buy and in five years it will pay for the bike!!! ez
Stellar HDF Member
Joined: Dec 2005
Posts: 2,598
Likes: 52
From: South Jersey
RE: Must RANT!!!!!
ORIGINAL: Lewd_Dude
[/quote]
I'm with you on that one dude!
Outstanding HDF Member
Joined: Jul 2007
Posts: 3,410
Likes: 8
From: Knoxville, TN
RE: Must RANT!!!!!
ORIGINAL: Lewd_Dude
LOL, I knew someone would take it that way... I do not hide it from her to be secretive... I am the kind of guy when **** goes wrong, I got the capitol to make it right, but if I let her, she would spend every last penny until there was none andTHEN worry about it.I am also the kind of guy who is way ahead on payments. My 30 year mortgage will be paid in full in 14 yrs 7 months.
I supose you "pay cash for everything" guys never had a car loan, credit card, or mortgage either right?
ORIGINAL: 1Harleyrdr
I paid cash for my Bike. I aint no fancy banker, I just saved up for it and bought it. My gold-wing was paid cash for as well. I agree if you can't afford it dont buyit. As far as hiding money from my wife that dont sound like a great or even a good relationship. I dont and would not dream of "hiding" money from my wife. I am also one of those people who are 2 months ahead on their car payment. It is due on the 1st. I mail it on the 15 the month prior with 10% added on top of the required payment. Good luck with it.
I paid cash for my Bike. I aint no fancy banker, I just saved up for it and bought it. My gold-wing was paid cash for as well. I agree if you can't afford it dont buyit. As far as hiding money from my wife that dont sound like a great or even a good relationship. I dont and would not dream of "hiding" money from my wife. I am also one of those people who are 2 months ahead on their car payment. It is due on the 1st. I mail it on the 15 the month prior with 10% added on top of the required payment. Good luck with it.
I supose you "pay cash for everything" guys never had a car loan, credit card, or mortgage either right?
Road Captain
Joined: May 2007
Posts: 574
Likes: 1,315
From: New York
RE: Must RANT!!!!!
I have paid cash for some of my rides, and financed the last one............. This was an interesting thread, somewhat entertainng as well. I guess I would get my emotion away from the decision, keep the Home Equity money available for a real emergency or need, not to just pay off the bike due to this issue IMO.
I pay bills on line each Friday with my Bank's internet site, and there is no fee, and it is an electronic payment with HD Credit - - the $ comes out about 3 days later.
I would suggest this avenue.
I pay bills on line each Friday with my Bank's internet site, and there is no fee, and it is an electronic payment with HD Credit - - the $ comes out about 3 days later.
I would suggest this avenue.
Outstanding HDF Member
Joined: Jul 2007
Posts: 2,004
Likes: 12
From: Parkton, Maryland
RE: Must RANT!!!!!
ORIGINAL: Lewd_Dude
No offense, but maybe you did not catch the post above, I AM MAKING money by financing...
ORIGINAL: IAMSWUTIAMS
Always pay cash for the toys. If you can't then you can't afford it.
Always pay cash for the toys. If you can't then you can't afford it.
Thread Starter
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Road Master
Joined: Apr 2007
Posts: 806
Likes: 1
From: Upstate NY
RE: Must RANT!!!!!
ORIGINAL: Wecroft
You NEVER make money by financing!It may not cost you as much to do it one way as opposed to another but you never "make" money. What do you do as a "Banker"? My guess is you're a teller.
ORIGINAL: Lewd_Dude
No offense, but maybe you did not catch the post above, I AM MAKING money by financing...
ORIGINAL: IAMSWUTIAMS
Always pay cash for the toys. If you can't then you can't afford it.
Always pay cash for the toys. If you can't then you can't afford it.
But your right, I am not making money on the loan, I am making money on my CD...
You guys are a riot!
I always thought a "Knucklehead" was an old Harley... Guess I was wrong there too...
Outstanding HDF Member
Joined: May 2005
Posts: 3,116
Likes: 0
From: Glendale, AZ.
RE: Must RANT!!!!!
ORIGINAL: Windup08
Time2ride...Have you ever talked to your bank to find out how payments are actually made after you go online to them and do an "online payment"? I have with my credit union, and according to them they, and most banks that handle "online" bill paying, once they receive your online transaction, then they cut a check, and guess what...drop it in the mail. That's the biggest reason I don't pay bills online, you have to have the money in your account at the time you do the online transaction, but you still have a mail delay to the company you are making the payment to. The bank has the use of your money for those few days, which is part of the reason they can offer it as a free service.
Skratch....the 10 or 20 day grace period you might get for not reporting a late payment usually only relates to being reported to credit reporting agencies as a documented late payment. 1 day late is enough to void your agreement on a loan regarding a special interest rate. If you are 1 day late on a credit card payment that offered you zero percent interest for a year guess what, you just lost you zero percent and your rate will go up to whatever it says in the itty bitty small print on the credit card agreement.
Time2ride...Have you ever talked to your bank to find out how payments are actually made after you go online to them and do an "online payment"? I have with my credit union, and according to them they, and most banks that handle "online" bill paying, once they receive your online transaction, then they cut a check, and guess what...drop it in the mail. That's the biggest reason I don't pay bills online, you have to have the money in your account at the time you do the online transaction, but you still have a mail delay to the company you are making the payment to. The bank has the use of your money for those few days, which is part of the reason they can offer it as a free service.
Skratch....the 10 or 20 day grace period you might get for not reporting a late payment usually only relates to being reported to credit reporting agencies as a documented late payment. 1 day late is enough to void your agreement on a loan regarding a special interest rate. If you are 1 day late on a credit card payment that offered you zero percent interest for a year guess what, you just lost you zero percent and your rate will go up to whatever it says in the itty bitty small print on the credit card agreement.
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Intermediate
Joined: Apr 2007
Posts: 43
Likes: 0
From: Gilbert, AZ
RE: Must RANT!!!!!
Cut the dude some slack for taking advantage of silly APR rates. Some people like paying cash, others make use of other people's cash and keep their investments turning better returns than the cost of other people's cash.
I use a major national bank that has a banking-by-web service. I like it because I can just enter in the payment and hit pay as well as setup automatic payments (1st of the month, every month for X months) for those typical things like mortgage payments and such. Plus, nice thing about the new banking rules is that they can't hold the transfer in float for more than a day- the receiving end has to take the payment and apply it same day.
Considering that bank transfers are just like checks, seems to me that would be a really good setup. Especially since it's easy and very traceable (i.e. no lost checks in the mail). Maybe your bank has this feature?
I use a major national bank that has a banking-by-web service. I like it because I can just enter in the payment and hit pay as well as setup automatic payments (1st of the month, every month for X months) for those typical things like mortgage payments and such. Plus, nice thing about the new banking rules is that they can't hold the transfer in float for more than a day- the receiving end has to take the payment and apply it same day.
Considering that bank transfers are just like checks, seems to me that would be a really good setup. Especially since it's easy and very traceable (i.e. no lost checks in the mail). Maybe your bank has this feature?
