Did you ever buy something that costs $5000 or more....

.... and you weren't even sure if it will be worth it?

 

education

 

Education should be free. Always.

 

Tuition is free, but you know....books, rent, bills....all that

 

Yes indeed. I am sure it will be worth it though. If not for the money then at least for the intellectual and personal growth.

 

I would not have invested the money if I did not think that I would gain from doing so.

 

You never took a risk?

 

Not without considering the risks and deciding that I could beat them.

 

Sometimes I wish I was that calculated.

 

Yes, way back when in the stock market. I made a good call when Sketcher's first came out and made $3,000 profit.

 

Well done. You just proved that sometimes a risk is worth to take.

 

Let's up the antes. Let's say you bought something that costs $5000 and it could possibly make you $1,000,000 or absolutely nothing. Would you then take that risk?

 

Sure

 

I'd have to do alot of research and then count on my intuition, which is really good.

 

Used over $5000 as a deposit on our house nearly 30 years ago & paid nearly $10,000 on a newer car a few years ago.

 

On education, and I am about to spend even twice that for another degree.
I am glad I didn't take any student loans though, I don't like owing/lending money.

 

college, furniture, cars, houses, appliances... I guess it's hard to say if it was all worth it. Ultimately we all will die and nothing comes with us. That said I am happy with my life. I feel like money spent on education has paid off, and allowed me to do something I love that can help others improve their lives as well. And it let me buy things I wanted that I enjoy to pass the happy times when I am not working. I suppose that it was worth it to me.

As for the $5000 question, I'd have to know my odds of turning that into $1million. Do I have some level of control of whether or not I get it, or is it basically a lottery? Are you considering making an investment in something?

 

Yeah. I'm on the Education train

 

Last time I invested 5k I made 80k in less than a year. But let's face it. I have thrown away money plenty of times.

 

Houses cost a lot more than 5k... (or at least those worth buying do)