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What do you know now, that you wish you had known in your 20's?

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nervewrecker
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Re: RE: Re: What do you know now, that you wish you had known in your 20's?

Postby nervewrecker » December 25th, 2016, 9:05 pm

Morpheus wrote:Land can depreciate in value. Less likely to happen but it can...

You correct though about land value then and now

Depreciate how? 0.o

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Re: What do you know now, that you wish you had known in your 20's?

Postby Morpheus » December 25th, 2016, 9:14 pm

Ok from a purely accounting perspective it cannot. Dirt has no expiry date etc etc.

But from a non-accounting perspective. Same way value can go up, I don't see why it can't go down. Drugs, guns, undesirables, chemical plants, new highway, new trainline, etc, etc. Anything can happen in this world yes.

Not saying I'm right, but I think some things still have to be considered.

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Re: What do you know now, that you wish you had known in your 20's?

Postby konartis » December 25th, 2016, 9:15 pm

Buy land as soon as I cud

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Re: RE: Re: What do you know now, that you wish you had known in your 20's?

Postby Morpheus » December 25th, 2016, 9:31 pm

konartis wrote:Buy land as soon as I cud

Me too. What was $25,000 when I was in my early 20s is selling for over $400,000 now

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Re: What do you know now, that you wish you had known in your 20's?

Postby A172 » December 25th, 2016, 9:46 pm

to never take advice on success from unsuccessful ppl

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Re: RE: Re: What do you know now, that you wish you had known in your 20's?

Postby supercharged turbo » December 25th, 2016, 10:02 pm

VexXx Dogg wrote:Land does not depreciate in value.
Cars do.

The money I blew on two cars in my 20's could have been worth over 3M in land today.

What u put in dem cars so?

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Re: What do you know now, that you wish you had known in your 20's?

Postby racedriverpro » December 25th, 2016, 10:21 pm

He meant that the money that he spent on cars could have bought land that would have appreciated to the value of 3M worth in land. He didn't spend 3M on cars...back then...that would be crazy...

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Re: What do you know now, that you wish you had known in your 20's?

Postby Daran » December 25th, 2016, 10:39 pm

Get out of Trinidad and experience the world.

Forget about investing in land and other BS invest in yourself. Don't buy sheit that will be tie you down, be free, smart and network well.

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Re: RE: Re: What do you know now, that you wish you had known in your 20's?

Postby VII » December 25th, 2016, 10:40 pm

nervewrecker wrote:
Morpheus wrote:Land can depreciate in value. Less likely to happen but it can...

You correct though about land value then and now

Depreciate how? 0.o


That's an easy one,recession,my dad had a house at Palm Road in Valsayn North in the very early 80's that he bought for $650,000 and sold it for $400,000 in the late 80's..

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Re: RE: Re: RE: Re: What do you know now, that you wish you had known in your 20's?

Postby nervewrecker » December 25th, 2016, 10:44 pm

VII wrote:
nervewrecker wrote:
Morpheus wrote:Land can depreciate in value. Less likely to happen but it can...

You correct though about land value then and now

Depreciate how? 0.o


That's an easy one,recession,my dad had a house at Palm Road in Valsayn North in the very early 80's that he bought for $650,000 and sold it for $400,000 in the late 80's..

Oh, thanks.

Guess I safe.

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Re: What do you know now, that you wish you had known in your 20's?

Postby Gem_in_i » December 25th, 2016, 10:49 pm

Travel
Dont take on what most people say or think of you
Get married earlier

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Re: What do you know now, that you wish you had known in your 20's?

Postby rspann » December 25th, 2016, 10:50 pm

All now that property in Valsayn woulda sell for $5m all now. The land didn't depreciate, it was just low at that time,daddy George sell too soon.

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Re: What do you know now, that you wish you had known in your 20's?

Postby Ronaldo95163 » December 25th, 2016, 10:53 pm

Never trust your pullout game :cry:

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Re: What do you know now, that you wish you had known in your 20's?

Postby rspann » December 25th, 2016, 10:55 pm

I wish I knew his daddy back then!

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Re: What do you know now, that you wish you had known in your 20's?

Postby VII » December 25th, 2016, 10:58 pm

rspann wrote:All now that property in Valsayn woulda sell for $5m all now. The land didn't depreciate, it was just low at that time,daddy George sell too soon.


Yep I was too young to have a clue and he was one of them old men who believed in hard work cash in de bank,..sold too early at Newbury as well,but he made about half million on that in the 90's..bought for 950 and sold for 1.4 at the time after changing gate to automated..certain lady with a salon in WM at the time bought it...

Was trying to get him to buy a house in Moka for 650 with a pool in the 90's lol and I didn't know my mom woulda/coulda do it under low easy!!!! but I was never a divisive person and never even considered decieving my dad with my mom....A guy was getting foreclosed.. :x
Last edited by VII on December 25th, 2016, 11:27 pm, edited 3 times in total.

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Re: What do you know now, that you wish you had known in your 20's?

Postby rspann » December 25th, 2016, 11:02 pm

That was one nice old man,I wouldn't lie. All the money he had, he was so humble and polite. Btw, HYMC.

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Re: What do you know now, that you wish you had known in your 20's?

Postby VII » December 25th, 2016, 11:09 pm

rspann wrote:That was one nice old man,I wouldn't lie. All the money he had, he was so humble and polite. Btw, HYMC.



And you know when he had money many others didn't,man spent 5 million on a chicken farm in the 80's!! He was getting soo much attention from men like Jai and Nutri etc that they drove down prices and he lost a million in 8 weeks (grow out period) Jai came with cash and men with shotguns and bought all the chicken that were on their last legs falling down too heavy by that time..after that he rented to Jai for about 400 a 'grow out' (8 weeks) so he was still collecting well in those times..owed feed mill over a mill and paid off in a year or two...But he got the property memo late..he wanted to buy more when things was just about to explode in the West but got distracted with clico 12.5% rates and then he got ill..
Last edited by VII on December 25th, 2016, 11:18 pm, edited 1 time in total.

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Re: What do you know now, that you wish you had known in your 20's?

Postby rspann » December 25th, 2016, 11:15 pm

That interest pull down real people.

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Re: What do you know now, that you wish you had known in your 20's?

Postby EFFECTIC DESIGNS » December 25th, 2016, 11:23 pm

Gem_in_i wrote:Travel
Dont take on what most people say or think of you
Get married earlier


If I could go back 10 years ago I would move to Europe and marry a skinny woman and never look back. I feel like not accomplishing this goal was my biggest regret.

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Re: What do you know now, that you wish you had known in your 20's?

Postby rspann » December 25th, 2016, 11:37 pm

EFFECTIC DESIGNS wrote:
Gem_in_i wrote:Travel
Dont take on what most people say or think of you
Get married earlier


If I could go back 10 years ago I would move to Europe and marry a skinny woman and never look back. I feel like not accomplishing this goal was my biggest regret.

Make your girl go to the gym and workout every day of the week .that and make her shave the moustache and use cake soap, she might look European. I thought your biggest regret was living next door to the UNC suicide case?

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Re: What do you know now, that you wish you had known in your 20's?

Postby EFFECTIC DESIGNS » December 25th, 2016, 11:54 pm

^ living next to him is certainly a big regret no doubt about that.

With regards to the woman part no Trini woman would ever be the same as say living in France married to a native French woman who is also bilingual, its just one of those things nah.

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Re: What do you know now, that you wish you had known in your 20's?

Postby eliteauto » December 25th, 2016, 11:55 pm

10 years ago wouldn't ED be about 9?

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Re: What do you know now, that you wish you had known in your 20's?

Postby EFFECTIC DESIGNS » December 26th, 2016, 1:17 am

With regards to vising other countries this is one place I would love to visit some day I heard we have a tuner here who has been to St Petersberg already


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Re: What do you know now, that you wish you had known in your 20's?

Postby 88sins » December 26th, 2016, 8:07 am

Morpheus wrote:Ok from a purely accounting perspective it cannot. Dirt has no expiry date etc etc.

But from a non-accounting perspective. Same way value can go up, I don't see why it can't go down. Drugs, guns, undesirables, chemical plants, new highway, new trainline, etc, etc. Anything can happen in this world yes.

Not saying I'm right, but I think some things still have to be considered.

From a purely accounting perspective, land can & does lose value. For many of the exact same reasons you listed, & a few more.

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Re: What do you know now, that you wish you had known in your 20's?

Postby VII » December 26th, 2016, 1:54 pm

EFFECTIC DESIGNS wrote:With regards to vising other countries this is one place I would love to visit some day I heard we have a tuner here who has been to St Petersberg already




I regret going on a school ski trip to France/Spain(Andorra) instead of a trip to Russia!!! Well not regret caus that was a very productive trip for me as a teen,in fact it was amaazing,muhahaha!! But went to France before and after for weekends from London!! Was a bit apprehensive about going to Russia in the Cold War....but I really wanna go to Russia,hope to make a European trip with my wife and kids in the near future with St.Petersburg Russia being the last stop..

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Re: What do you know now, that you wish you had known in your 20's?

Postby Ted_v2 » December 26th, 2016, 2:38 pm

I wuh touch a Spanish in vene, Daz goals for next year

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Re: What do you know now, that you wish you had known in your 20's?

Postby PariaMan » December 26th, 2016, 3:09 pm

Meet a pretty girl who you going down good with from a good family and progressive then consider marriage you all could work together on thing like house

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Re: What do you know now, that you wish you had known in your 20's?

Postby Daran » December 26th, 2016, 4:12 pm

PariaMan wrote:Meet a pretty girl who you going down good with from a good family and progressive then consider marriage you all could work together on thing like house


Until it ends in a divorce or a depressing marriage.

Before you advice someone to attempt this, men need to learn what a worthwhile woman is, which is something that comes with experience.

Good family and education produce many crazy f*cked up woman.

I get that everyone is different and lots of men providing advice on how to have a safe low risk, but mediocre life.

But you don't know your potential unless you explore and better yourself. That's why never try to tie yourself down to anything in your 20s. Hell wait till you're 35 before you start planting roots.

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Re: What do you know now, that you wish you had known in your 20's?

Postby ruffneck_12 » December 26th, 2016, 5:01 pm

PRE

NUP

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Re: What do you know now, that you wish you had known in your 20's?

Postby PariaMan » December 26th, 2016, 5:24 pm

6 + 3 = 9 but so does 5 +4.The way you do things is not always the only way to do them .Respect other people's way of thinking.

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