young and dumb

ok, here comes the rant:p i bought my house 2 years ago with my girlfriend, i earn nearly 3 x what she does, we're both 21 and have a good relationship. I'm currently in a position where i have about 1k + after al bills and outgoings each month but somehow manage to waiste it and spend it on crap but if i have something to pay for somehow i always pay for it. i've decided on three options what to do wth this spare cash,

A:take out a large loan and buy a porche 911(996) turbo(i'll have to sell the supra for the rest of the funds:()

B: Reduce the term of my mortgage and get it payed off really quick but also run the risk of my girfriend getting half of my had earned cash if god forbid we ever split:(

C: Try my very best to actually save some cash and invest in a second property or property abroad.

I know this is sad putting this on the forum but all advice would be much appreciated.

I would say go B and also get leagal back up some form of pre nupt that says if she were to split then you get what you put in. That way you would have even more money to blow!!! However I would go A

I would say go B and also get leagal back up some form of pre nupt that says if she were to split then you get what you put in. That way you would have even more money to blow!!! However I would go A

i don't think she'll like the idea of a pre-nup;) imagine the conversation:D

I would say go B and also get leagal back up some form of pre nupt that says if she were to split then you get what you put in. That way you would have even more money to blow!!! However I would go A

HEAR HEAR

A alll the way!!

i don't think she'll like the idea of a pre-nup;) imagine the conversation:D

Yeah I had the same chat with my misses and it didnt go that smoothly

Oh why a 911? For the same money you could get so many other cool cars or even keep the supe and build a kit car or something like that if your mechanicly minded.... If I was going for a 911 it would have to be a 965 turbo S

Personally I'd say save the money and invest in something else. Large loans with favourable interest rates are difficult to come by in the current climate too - it'll end up bleeding you dry.

Oh why a 911? For the same money you could get so many other cool cars or even keep the supe and build a kit car or something like that if your mechanicly minded.... If I was going for a 911 it would have to be a 965 turbo S

because the porche is done, fast, good looking, handles great, reliable, hardly de-value at all, there great;)

we're both 21

i alway imagined you as older for some reason

what ever you decide, do not do A!

B or C. I would suggest C, save up a deposit and get a second place in this country. Rent it out and the rent should cover/help cover the mortgage (thats what im doing)

Bah - B shouldn't be difficult to renegotiate if your missus is serious about things. My missus and I (still not married yet) took out our current mortgage about 6 years ago now. As I also pay about 75% of our monthly bills, she happily agreed to have the house 75% in my ownership, 25% in hers.

I wouldn't trust anyone (man or woman) who expected to get out more than they put in to something, be it financial, emotional or whatever.

A all the way, your only young once Ant

Although B is more sensible.

it's so hard to be sensible but i get afraid i won't be able to own cars like that later on in life once i have kids and probably more outgoings

B is the only option IMO

A is a dream.

C is way to hard to judge the housing market right now so id leave that one alone.

Id say D maybe put the money into a ISA Save it up then when the house prices fall which the will you can jump in and get something cheap. Also having spare cash is always helpful for whats around the corner.

Dam 28 and i sound like my dad

It does get better once the kids are older, like when their 20 plus.

Always have a back-up plan if you and your lady ever splits up.

It's all good now, but you never know what will happen through the years and IF something happens you'll end up cursing yourself cause you weren't realistic when you had the chance. =)

On the other hand....cars are great! =D

But I don't understand though, why a Porche? Like maybe something Italian?

Why not something more aggressive?

Cheers!

B or C. I would suggest C, save up a deposit and get a second place in this country. Rent it out and the rent should cover/help cover the mortgage (thats what im doing)

yeah but you got a bloody rs4 to cruise around in:p

why a Porche?

Why not something more aggressive?

 

Cheers!

any suggestions? they are so reliable and hardly de value so i could sell it a few years down the line a do somthing sensible with the money like second property or start my own business...........

http://www.pistonheads.co.uk/sales/285909.htm

just look at her:(

http://www.pistonheads.co.uk/sales/285909.htm

 

just look at her:(

Nice car, do you need it tho? I think you know deep down you dont,

actually ide do B and C cover ya arse in the house ya in and invest in another

Just get your girlfriend to earn more money or dump her.....

Then I would go A anyway.....

H.

actually ide do B and C cover ya arse in the house ya in and invest in another

i suppose if i had a property to let then it would pay for itself and i could still pay off the mortgage super quick;)