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Author: madbrain Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 77082  
Subject: Re: Tax efficient investing for early retirement Date: 5/10/2006 8:10 PM
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>One method they may tell you is to wait at least 24 hours before making that tempting big purchase. When you are tempted by something in the store, go home and think about the purchase. You may find the costs outweigh the benefits.

I'm not an impulse buyer. I think about my big purchases for a long time and I do a lot of research. Sometimes the more I do, the more I want the item ;). Eg. the new HT projector I just bought - I have been thinking of upgrading to a higher resolution model for at least the last 2 years, but I ended up waiting 3 years to upgrade in the end, until the old model ran out of warranty . I'm very happy with the purchase, though I understand the longterm tradeoff it comes with .
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