The world according to Jumpman... - FMVperformance.com : The site for all your Ford Mazda and Volvo needs
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post #1 of 43 (permalink) Old 12-02-2011, 10:57 AM Thread Starter
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The world according to Jumpman...

A few things that have been going thru my head lately...

1. "reality TV" really needs to go away. I would gladly forgo watching Overhaulin re-runs - if only all of the "Real housewives of...", "Survivor-esque" and "I Repo/Tow/Park cars and pick-up trash for a living..." type shows would just die. This also includes any & all of the "I'm (sort of) famous so follow me around with a camera while I act like a complete bitch..." shows.

2. I kinda wish I would win the Lotto. I never buy tickets, but would like to win nonetheless. Without question, I would be one of those people who would be bankrupt in like 3-years...but it would be a REALLY fun 3-years.

3. Blu-Ray kinda sucks. Don't get me wrong, I really dig the picture quality, sound and I am a gadget/tech guy...but come-on...the only movies that really NEED to be offered in Blu-Ray are the effects-driven action adventure type stuff. - Reese Witherspoon falling in and out (and back in again) of love does not need to be in 1080P. - That said, while Netflix is super cool (and used WAY frequently in my home), It is kinda sad that DVD's and other 'hard media' are getting replaced with 'digital copies'. Maybe I'm just old, but there is a certain coolness about having a deep collection of media that is lost on those that just have everything loaded on a hard-drive or iPod.

4. My daughter just turned 14 (in late August). I want to find her a car that I can start working on now...and have ready for her when she can drive. I am trying to find something in the $2000-$2500 range that I can put another $1500 (or so) into over the next year. Mild custom is what I was thinking. Maybe some Craigslist wheels, lowered, tint...maybe a decent audio system. Something that would be a little nicer for a (used) first car...that I won't be all mad about when it gets wrecked.

2010 Ford Fusion SEL 3.0 - Murdered. Dropped on Eibach springs, spaced 20's, tint, monochrome package, de-badged, black trim, HD lip, tinted Ford emblems, smoked tails & corners, LockPicked Sync, etc...
1999 H-D Road King (Baggers Magazine feature: Dec, 2007)

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post #2 of 43 (permalink) Old 12-02-2011, 11:04 AM
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Re: The world according to Jumpman...

1. Yes.

2. You do realize that when you win the lottery, they don't just give you all the money up front, right?

3. Agree, although I still wouldn't say blu-ray sucks. You just have to use Netflix to preview blu-rays and find out which ones are actually worth it.

4. E30 3 series.


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post #3 of 43 (permalink) Old 12-02-2011, 11:10 AM
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Re: The world according to Jumpman...

[quote author=Alec Trevelyan link=topic=201359.msg4155820#msg4155820 date=1322841858]
2. You do realize that when you win the lottery, they don't just give you all the money up front, right?
[/quote]

They do if you requested cash equivalent when buying the ticket.

Anyone that picks the annuitized jackpot is a moran.
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post #4 of 43 (permalink) Old 12-02-2011, 11:10 AM
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Re: The world according to Jumpman...

I like this guy, I don't even know him.

Could luck finding a $2k car on craigslist in st. louis that you'll actually feel safe putting your daughter in. You'll get a 1988 Chevy Celebrity pos that has cardboard for floor pans. If you are lucky, it might come with a couple roaches in the ash tray and a thugs bones and harmony cassette jammed in the non-functioning tape deck.

Several years ago, 2005 I think. I bought a 1997 Ford Escort for $750. It was a REAL big POS. But it ran, and wasn't rusted apart. I considered myself the luckiest guy on earth. I just had to remember to keep my hand on the shifter when using 3rd gear.

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post #5 of 43 (permalink) Old 12-02-2011, 11:12 AM
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Re: The world according to Jumpman...

[quote author=fatabbot link=topic=201359.msg4155825#msg4155825 date=1322842240]
[quote author=Alec Trevelyan link=topic=201359.msg4155820#msg4155820 date=1322841858]
2. You do realize that when you win the lottery, they don't just give you all the money up front, right?
[/quote]

They do if you requested cash equivalent when buying the ticket.

Anyone that picks the annuitized jackpot is a moran.
[/quote]

I always thought the lump sum ended up giving you less, but that may be like our health insurance conversation the other day, where it actually differs greatly by state


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post #6 of 43 (permalink) Old 12-02-2011, 11:14 AM
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Re: The world according to Jumpman...

[quote author=Alec Trevelyan link=topic=201359.msg4155828#msg4155828 date=1322842322]
[quote author=fatabbot link=topic=201359.msg4155825#msg4155825 date=1322842240]
[quote author=Alec Trevelyan link=topic=201359.msg4155820#msg4155820 date=1322841858]
2. You do realize that when you win the lottery, they don't just give you all the money up front, right?
[/quote]

They do if you requested cash equivalent when buying the ticket.

Anyone that picks the annuitized jackpot is a moran.
[/quote]

You can request the lump sum and they take the taxes out of that sum all at once. That's why it seems like less. I typically factor 50% taxes when looking at a jack pot. $50 million would equate to $25 million cash in your pocket.
I always thought the lump sum ended up giving you less, but that may be like our health insurance conversation the other day, where it actually differs greatly by state
[/quote]


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post #7 of 43 (permalink) Old 12-02-2011, 11:14 AM
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Re: The world according to Jumpman...

[quote author=Alec Trevelyan link=topic=201359.msg4155828#msg4155828 date=1322842322]
I always thought the lump sum ended up giving you less, but that may be like our health insurance conversation the other day, where it actually differs greatly by state
[/quote]

Of course it gives you less than the estimated jackpot. The estimated jackpot is the total of annuitized payments with no adjustments for inflation. The lump sum is a present value of those payments. It's better to get the lump sum and invest conservatively because A) you don't have to worry about the credit worthiness of the lottery's sanctioning body and B) with the annual payments, they stop when you die (with few exceptions). Why not get the present value of the payments in your hands right away?
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post #8 of 43 (permalink) Old 12-02-2011, 11:15 AM
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Re: The world according to Jumpman...

[quote author=dugger_8 link=topic=201359.msg4155832#msg4155832 date=1322842468]
You can request the lump sum and they take the taxes out of that sum all at once. That's why it seems like less.
[/quote]

Nope. Again, the lump sum is strictly the present value of the annuitized payments. Has nothing to do with taxes or anything else.
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post #9 of 43 (permalink) Old 12-02-2011, 11:17 AM
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Re: The world according to Jumpman...

Obviously, you go for the lump some.

Strippers and Cocaine next?????

A revolution gets its name by always coming back around in your face.
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post #10 of 43 (permalink) Old 12-02-2011, 11:17 AM
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Re: The world according to Jumpman...

I'll still take the $25mm.


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