Comments on: Live Smith Manoeuvre Example, September update http://www.thefinancialblogger.com/live-smith-manoeuvre-example-september-update/ This is where your finance takes place Mon, 08 Sep 2008 03:55:49 +0000 http://wordpress.org/?v=2.6.1 By: Canadian Money http://www.thefinancialblogger.com/live-smith-manoeuvre-example-september-update/#comment-485 Canadian Money Sat, 15 Sep 2007 05:18:29 +0000 http://www.thefinancialblogger.com/live-smith-manoeuvre-example-september-update/#comment-485 Congrats on your progress to date....I really think your on the right track! The years will go by whether you invest or not. Having the resource of liquid investments is a great aspect of the SM. Its like an emergency fund. Congrats on your progress to date….I really think your on the right track! The years will go by whether you invest or not. Having the resource of liquid investments is a great aspect of the SM. Its like an emergency fund.

]]> By: The Financial Blogger http://www.thefinancialblogger.com/live-smith-manoeuvre-example-september-update/#comment-455 The Financial Blogger Mon, 10 Sep 2007 19:41:21 +0000 http://www.thefinancialblogger.com/live-smith-manoeuvre-example-september-update/#comment-455 I'll gladly trade my car for a bike:wink: I thought that putting $1,200 at the beginning of the year was enough. In the end, this year will almost cost the same thing as my previous car payment! Not quite sure if I did the right thing after all... I’ll gladly trade my car for a bike:wink:
I thought that putting $1,200 at the beginning of the year was enough. In the end, this year will almost cost the same thing as my previous car payment! Not quite sure if I did the right thing after all…

]]> By: Gates VP http://www.thefinancialblogger.com/live-smith-manoeuvre-example-september-update/#comment-453 Gates VP Mon, 10 Sep 2007 18:38:26 +0000 http://www.thefinancialblogger.com/live-smith-manoeuvre-example-september-update/#comment-453 Hey FB, cue the comment from the link: <i>The short-term cost of the car will vary greatly, like the day when you pay it off. Of course, even though you feel $300/month richer you’re actually just on “borrowed time” b/c your 2002 is going to need $2,000 in the next 18 months: tires, belts, brake pads, suspension, etc. So your long-term cost hasn’t changed, it’s just lower for the moment.</i> I guess that 18 months was more like 2 months. :shock: Dang! Have I ever mentioned that I don't drive a car? :???: Hey FB, cue the comment from the link:

The short-term cost of the car will vary greatly, like the day when you pay it off. Of course, even though you feel $300/month richer you’re actually just on “borrowed time” b/c your 2002 is going to need $2,000 in the next 18 months: tires, belts, brake pads, suspension, etc. So your long-term cost hasn’t changed, it’s just lower for the moment.

I guess that 18 months was more like 2 months. :shock:
Dang!
Have I ever mentioned that I don’t drive a car? :???:

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