[TheForge] which tools to own and which to rent?

[terry l. ridder]

hello andy;


On Fri, 1 May 2009, Andrew Vida wrote:

>
>
> marc3rd wrote:
>> I think, The smart way is to figure out "will it make you money"?
>> Will it help you do something faster, better or that you can't do now, to
>> the point it will make you money (including paying for itself.)
>> After I say no, I usually whine "but I want one It's really cool." Then I
>> buy it anyway.
>
> 	Necessary considerations, but not always sufficient.  The lease/buy
> decision can get complicated, particularly where large capital sums are
> in question.  For most of us this is not really an issue, but if Terry
> is considering ever a hundred thousand dollar decision, some further
> analysis may be in order - it can make a significant difference.
>

this is very true. currently i find no good financial guidance available
locally. nearly everyone that i have talked with paint this rosey
picture of all that they are going to do for me but when pressed for
hard facts and details they all start to mumble alot. one so-called
financial advisor told me that i should not concern myself with the
details and that i should just put my faith in his firm and him. i told
him that i had no intention to ever place as much as a penny with him or
his firm. he was taken back by my attitude and started to ask me if
there was a part of his presentation that i did not understand. i told
him that i understood all of his presentation and that he had avaded
given me one straight answer to all of my questions. so right now i have
a very bad taste in my mouth concerning financial advisors. i consider
them nothing much more than a snake oil salesman.



-- 
terry l. ridder ><>