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My friend has some money to spend, and he decided to take a poll at work. He asked several of us whether he should spend his money on a new exhaust manifold intake for his 1969 Mustang, or if he should buy a 59" television. I'm not sure what brands he is looking into for the tv or the car accessories. I just know that the television vs. the new car accessories (which includes the manifold intake) both will costs around $2,000. The poll at work was deadlocked, (at least among those who cared to vote), and he asked to post this vote onto yahoo answers.
So, please pick only one of the two.....59" television, or the exhaust manifold intake (along with other accessories).

Thanks

2007-03-26 12:06:11 · 5 answers · asked by Anonymous in Business & Finance Personal Finance

lol..of the four answers I've received so far, only two have stayed within the parameters of the posting. I did't ask what my friend should do with his money. I placed a poll, and the only two options are the television and the manifold intake for his '69 Mustang. Please select from the two options.

Thanks to the repsondents who have stayed within the post's boundaries.

2007-03-26 19:48:00 · update #1

5 answers

If the car is his major mode of transportation and the exhaust system needs repair, then he should fix the car so it is safe to drive. Exhaust problems on cars can be deadly because of carbon monoxide. If the car is just a toy that he is fixing up, it really doesn't make a lot of difference which toy he spends the money on.

2007-03-26 12:26:38 · answer #1 · answered by Country girl 7 · 0 0

Neither. He should invest it.

It sounds like he is still in high school, is this correct? If he is he needs to learn to live without the "bling bling" and instead invest the 2k in an investment that will actually payoff - himself.

Throw it in a guaranteed online savings account (earn 5% until you learn how to invest otherwise) and in 40 years it will be worth $15k. If you earn 10% through an equity-indexed mutual fund or similar it could be worth $99,500 after 40 years.

Shiny investments actually make this sound:
Bling - - Bang - - Boom!

Good luck youngster, it sounds like you need it.

2007-03-26 19:17:43 · answer #2 · answered by Ethan 3 · 0 1

Put me in the out-of-bounds group.

I wish I had that kind of disposable income to burn. In a world where there are lots of people losing homes and livelihoods, it's nice to know there are other agonizing over toys.

If you have to ask, don't bother. Either way your buddy is wasting money on short term pleasure.

2007-03-27 09:29:25 · answer #3 · answered by CMass Stan 6 · 0 1

Whichever he will use more, as that'll be the most effective way to get his money's worth.
My guess would be the TV and have him check out DLP TVs

2007-03-26 19:14:39 · answer #4 · answered by Anonymous · 0 0

Let him get half of each :-)

2007-03-26 19:09:52 · answer #5 · answered by cmira4 4 · 0 1

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