I would love to see where you can make a 20-30% investment with no risk, that is legal.

 

Legally? No such thing, if there is a way, I want in on it!

 

lol I wan't in too! Screw my 3.2 to 4.1 % CD accounts, I want that 20-30% even if its illegal!

 

No such thing as no risk but you can minimize it by doing your own research and learn about the market.

here is what i did/do
- stocks
- housings
- lawn mowing
- cars

there are couple more but those I only break even nor doesn't make enough to mention. Have I loose money? Yes. As long as you learn from your mistake and make your money back, you are still winning.

There is no quick way to just dump the cash down and expect 20% profit for doing nothing. Take your time to do your research and find out what product most suits you.

Anyways, This is about the OP getting his dream car. not my life story.

 

What's up guys. Sorry to bump my old thread but someone at a gas station asked me the same question I made here and I wanted to update it with what worked best for me in obtaining an FD. I was contemplating on getting a loan for it, or buying it outright. There are ups and downs no matter what you decide but buying it outright was the best option for me. I worked hard and saved money for what appears to be almost 4 years in order to get the car I always wanted. It was tough because since then, I have purchased a home and became a father of two. I purchased my FD earlier this year and it is completely mine. I'm glad knowing that I won't be making payments in the event that the car is broken down for whatever reason. Financially, if you have to get a loan to get an FD, there is a higher chance you will have a difficult time with the upkeep or repairs needed. Save that money and avoid paying interest because you want the car right now.

 

^Good advice. The FD makes a great hobby car, but hobbies shouldn't be financed.

 

Only loan I would consider is 0% for a brand new car, buy outright for anything else.