/biz/ - Business & Finance

https://youtu.be/PfPT0R-eP_4

>>21973979
Kek what is that an s3? He could have just bought that wageslaving.

I bet he still didn't pay it in full. Probably bought in at 11k.

>>21974117
RS3 hatch.
> He could have just bought that wageslaving.
As an S4 owner, this is true. They give out good discounts too.

>>21973979
>nigger "rich"

what a fucking idiot lmao

>>21974182
I've driven a couple rs and they're way too punchy imo for a daily. I just didn't have fun with them day to day. Not an audi dude but S4/S5 is sleak and nicely balanced.

>>21973979
Larp
No bitcoin holder in 2020 is this retarded

>>21974279
if he sold all his btc and all he got was an rs3 then he probably was just a well timed 2020 holder

>>21974263
This. S4 is a better well rounded package over the R.

>cash out gains for a car
>car leaves lot
>car drops 20k in value

Kek

OH NO NO NO NO NO

>>21974377
It isn't any different than buying the tops.

...and thats it? He saved up all that wealth and instead of investing it back into the market, he blows it all on a car? I know I cant really talk about what someone should do with their money but when it comes to cars, there absolutely no reason why you couldn't just buy a cheap Acura or Honda with good gas mileage for a few grand instead of buying a new car costing the equivalent of a small home.Unless he has stock or other crypto totaling in the hundreds of thousands, even millions, I cant really justify this purchase at all. Its kind of retarded desu...

It just gets worse. Who fucking invests and then manages to get into credit card debt?

>>21974448
>buying the local top of an appreciative asset
>buying a liability
>not different
THE
/biz/
WAY

>>21974496
most likely they were in debt beforehand

>>21974496
Why would you get into debt.
>inb4 jews
You have the jews you deserve, they are the children of the god of this world, they do not force anyone to Sin.

>>21974263
I’m not an Audi fan either, but I couldn’t turn down the deal I got and the options the S4 comes with. It’s a pretty premium package and performance for the price. No issues yet either.
If you’re a true car fan and a bit of an experienced driver, the understeer is fucking terrible, like FWD shitbox terrible.

>>21974496
Probably bought link at $16

>ever buying a car outright with cash

What a moron.

Holy fucking shit the worst part is that Audis are one of the quickest when it comes to dropping in value. Usually only Turks are this retarded but it he were a Turk he would buy an AMG or M series BMW

I bet he was obnoxious to the car salesman about his bitcoin

>>21974510
absolutely sir

>>21974470
cars are the reason most working class people are so financially fucked

>>21974665
>Audis are one of the quickest when it comes to dropping in value
This. Benz is king of depreciation though. I’m ditching my Audi next year for the same reason, losing my ass in depreciation for a damn good car, just didn’t fall in love with it and not worth eating the depreciation.

>>21973979
>cash out asset
>to buy a liability

lmfao

>>21974665
>Audis are one of the quickest when it comes to dropping in value
This. They get sold for cheap used all the time because they break easy and are expensive to fix and get maintenance for.

>>21974496
I went all in on link with my credit card back in the day. Fight me.

>>21974753
>This. Benz is king of depreciation though.
Nah, Alfa Romeo. The only way you can depreciate a car faster than an Alfa is by driving it off a cliff.

>>21973979
People like this should be summarily executed

>>21973979
>sell an appreciating asset
>for a depreciating asset.
What the fuck?

>>21974804
I stand corrected. Was looking at the Giulia Quadrifoglio. 2 year old cars that were $75-80k are already in the high 40s low 50s depending on options. Beautiful cars with insane performance but absolute worthless shitheaps.

>>21974804
>than an Alfa is by driving it off a cliff.
kek

>>21974813
>depreciating
>asset

These two things are mutually exclusive 2bh. Any purchase that has a negative ROI compared to literally doing nothing is just not an asset

As a former Audi owner these cars are shit. It will literally break down within one month of being paid off. And I maintained mine fucking Perfectly.

>>21974470
that's what always happen when poor people that are destined to stay poor accidentally some money

>>21973979
Consumerism to fullfill personal identity = satanism

>>21973979
this is a massive bull sign, I remember hearing about some redditor selling all their ethereum in 2017 for a car when eth was around $200-$300

>>21974566
the money lending jews stole the title of jew from the real descendants of God, they're unironically money lending demons

>>21974571
You aren't as good a driver as you think you are

>>21973979

>purchases depreciating asset with no cash flow or returns
>purchases depreciating asset that costs an insane amount to maintain

Hope he saved just as much cash as he paid so he can maintain this overengineered monstrosity. In ten years when he's run out of money to pay mechanics to periodically remove the engine so they can replace small hard-to-access critical parts that fail, he will have absolutely nothing to show for his BTC gains. The absolute state

>>21975051
fuck yeah it is, we need sacrifices like this before PNK can truly moon

>>21973979
LMAO an audi too lolololol this shit is unbelievable

>>21975090
Never said I was good, but look at any half decent car reviewer’s Audi review. Audisteer is a real thing. Quattro is more FWD biased than claimed.

>>21973979
What an idiot. Cars are literally the worst thing to put money into. Not only do they suck as an asset, it actually makes you likely to meet another depreciating asset, a gold digger.

>>21975077
Behaviour is 100% genetic, the jews have always worshipped the god of this world and continue to this day.
A jew that reject Evil and worship God the Father of Jesus Christ doesn't exist, since he would have converted and would be Catholic.

>>21973979
/biz/ is no better. In fact, I think /biz/ deludes themselves in thinking they made it when they are far from it.
There are anons on here who think $500,000 is making it. They cash out $500,000 then try to live off passive income real estate, when they never even done real estate once in their lives LOL
There are anons on here that cash on 2 million and only make 50 k a year on passive income at most, and act like theyre set for life and living the dream.
So, all you fags can laugh at the redditor all you want, but if youre someone who actually falls for the real estate meme or cashes out at less than 4 million, you are honestly just as dumb, if not, dumber in my eyes

>>21975816
oh and fyi, i say this as a richfag anon. My family owns many properties all over the country. Real estate is a giant meme and anyone thinking of cashing out crypto to get into real estate is a giant dumbass

>>21975816
>50k per year for life in passive income isn't making it

Imagine being this retarded, lmao

>>21973979
Hate to say if you take your gains to buy a liability you deserve to not make it

>>21975816
/biz/ ish no bethther. In facth, i thhinw /biz/ dewudesh thhemshewvesh in thhinwing thhey made ith when thhey are far from ith.
there are anonsh on here who thhinw $500,000 ish mawing ith. They cashh outh $500,000 thhen thry tho wive off pashshive income reaw eshthathe, when thhey never even done reaw eshthathe once in thheir wivesh lol
there are anonsh on here thhath cashh on 2 miwwion and onwy mawe 50 w a year on pashshive income ath moshth, and acth wiwe thheyre sheth for wife and wiving thhe dream.
so, aww you fagsh can waugh ath thhe reddithor aww you wanth, buth if youre shomeone who acthuawwy fawwsh for thhe reaw eshthathe meme or cashhesh outh ath weshsh thhan 4 miwwion, you are honeshthwy jushth ash dumb, if noth, dumber in my eyesh

>>21975884
it is. its a shitty life. 50 k a year is a starting salary for many business majors.think about it logically
$15,000 - taxes
$8,000 - food
$20,000 - Mortgage or Rent
$2000 - Gas, Haircuts, Toiletries, etc
that leaves about $5000.
Yeah, hope you have a spouse that has a job, cause no way youre supporting children on that salary.

Anyone who tries to convince you to cash out on $50,000 lives in a 3rd world asian country.

>>21975816
lolwut... i could live comfy on 35k a year if my rent/morgage is paid. 1 or 2 trips a year, stay home and cook and vidya/shitpost

>>21974589
can you share your method anon?

>>21975989
and you're miserable so you have to pretend you can afford a life on 400k debt for material things that soothe your agony

>>21975989
>15k in taxes

ok your a certified brainlet, and everyone is now dumber from this post

>>21974945

i'ma just let you know that is really stupid shit what you just said. like you're using the big boy words for shit beyond your comprehension

>>21976026
>>21976047
explain that to a roastie who can get with a chad who has a business degree. My old roommate got a 75 k starting salary
>>21976052
sorry, i didnt write it for niggers that tax evade

im done arguing with you plebians.

>>21975989
Why are you spending 8k on food for one person?
Qutting eating out you retard

>>21975840
>i say this as a richfag anon.
>My family
please fuck off

>>21976029
Go to the dealer and tell him you're paying in cash and prepare to be fucked in the ass. Dealers don't like cash buyers because they make their money off financing. You get the dealer to offer you a price, and then you drop the bomb, but it's still retarded because they might just offer you a ridiculous rate. Buying a new car is never a good idea unless it's something that will go up in value, but at that point you would have enough money where you can buy multiple cars with minimal impact to your finances.

Here this boomer will explain it to you
https://www.youtube.com/watch?v=0S9cQOPxzfg

>>21974470
People are retarded about their vehicles. They're tied up with it being who they are. It's fucking retarded. Who are they doing it for? Other retards?

>>21976187
thanks anon

>>21973979
>oh man I show people how I used my gains for internet points!
normies are literally the npcs of this world, they are programmed this way and they can’t control it

Reminder that your car should be written off expense for your autism business. Don't let any shitbox you own be a liability.

>>21975989
Fucking americans failing to realize that not everyone lives in a shithole like the USA and in a lot of countries you can live very comfy on 50k passive income. Especially since you wouldn’t be dicking aroung having a boring life and you most likely would create another source of income with all that free time.

>>21976105
>sorry, i didnt write it for niggers that tax evade

>>21973979
>redditors are simps
who would have thought

>>21973979
Who cares dude? It’s his fucking money. Let him spend it and be an idiot if he wishes to do so.

>>21977023
>t. jealous of a reditor who buys a shitmobile with his ENTIRE bitcoin investment
This is the saddest post I've ever seen!

>>21976105
>business degree
doesn't that just mean you can be a manager at Walmart? $75k is poverty tier

this is what poor people are like
if you give a poor person 1 million dollars they WILL buy a lamborghini or at best a mcmansion

if you give a poor person $100 they will buy a steam gift card

if you give a poor person $10 they will get a mcdonalds combo

if you give a poor person $1 they will buy a can of baked beans

>>21975989
>$8,000 - food
lol
i love every time someone posts their budget, even if its a mock one, they're exposed as having no personal finance skills whatsoever
>$2000 on gas
are you a fucking interstate trucker? wish i could beat you up

>>21974496
Cringey.newfag, almost as cringe as the guy who sold link to pay off debt

>>21975989
>15k on taxes
50k with 1 exemption would be 11k in my state. Stop living in California
>8k on food
700 per month on food for 1 person, confirmed you've never even done a grocery budget because you're a spoiled retard
>20k mortage or rent
again, not everyone lives in California you fucking brainlet

>>21973979
>Cashes out an appreciating asset for a depreciating one in an attempt to attract girls and get Reddit upvotes

Normies absolutely disgust me

>>21975989
>$50k starting salary

That’s the point faggot, salary means you have to work for it. $50k passive income is worth more cos you can do whatever you want all day everyday.

>>21977458
>700 per month on food for 1 person, confirmed you've never even done a grocery budget because you're a spoiled retard
What the fuck do you goys eat? Family of 4 we spend about 800 a month and that includes me buying fancy stuff occasionally like raw milk and $20/lb steaks .

>>21973979
OH
NO
NO
NO

I bought my 2009 Ford Fusion for 4500 dollars and I will literally drive it until all the wheels fall of, I could get a check for 10 million dollars tomorrow and the only thing I'd do is buy another pack of black ice for my car

>>21974074
I was watching that the other night. Hilarious shit

>>21973979
>tfw I’m in my 97 M3 and I see a brand new RS5. I hunt him down and proceed to race him and I win.
The feeling of beating a douchebag in a $100k car is priceless.

>>21977582
this but because fuck cars as long as they get you from point A to B, only retards spend all their money on a car. Getting rich is about having freedom, not expensive shit.

>>21977544
I'm not the one that posted that nonsense, my wife and I spend like 400-500 per month and can of buy anything

>>21974571
>he doesnt use left foot
Thats a girl

>>21977271
Baked beans are worth a dollar. You're right about the rest though.

>>21975989
>8k food
>2k gas
Lmao neck yourself fatty

>>21977686
i knew i would weed out at least one baked beans eater. personally i would buy a loaf of bread if i only had $1

>>21976101
His philosophy is perfectly consistent you retarded nigger faggot

>>21973979
>a fucking audi
that pos will be running quasi-perpetual lights on the dashboard within 1.5 years, will be trash within 3 years since the retard poorfag won't be able to keep up with maintenance and fixes
>t. former post-2000 audi owner, never again, fuck cvts

>>21975077
rothchilds, warburgs, etc are literally Davidic royalty theyre direct descendants of King David and Avital their entire geneologies are literally available in most university archival libraries, but they reject Christ, theyre real jews but they broke their covenant with God and are waiting for their messiach which is the anti-christ.
this is the Orthodox teaching.

>>21973979
Pulling profits to buy anything with depreciating value is fucking stupid. You should never use money to make yourself happy because money is the thing that should make you happy. I bet the faggot who bought that car is fucking whores in it as we talk about him gross.

>>21975989
>50 k a year is a starting salary for many business majors.
The business major has to devote 60+ hours a week to get that money, 50k in passive income means you have to devote 0 hours a week. False equivalence.
>$15,000 - taxes
not applicable if you don't live in a shithole state like California
>$8,000 - food
What the fuck? Are you a NEET that's never done a budget or do you eat caviar, truffles, and foie gras for every meal? One person should be able to support themselves on a eighth of that.
>$20,000 - Mortgage or Rent
No reason to do this unless you buy some McMansion or live in a big city, and there's no reason to do the latter as you no longer need to move around for jobs.
>$2000 - Gas, Haircuts, Toiletries, etc
come on nigger you can't be serious
>Yeah, hope you have a spouse that has a job,
>>>>>>>getting married
>cause no way youre supporting children on that salary.
must consoom, must reprooduce, etc.

I would have diversify my portfolio and make more money.

The ride never ends.

>>21973979
>make a little bit of money
>immediately get overwhelmed by the urge to consoom
what is wrong with these people

Ive been driving my First truck for 12 years and now i want to buy me a newer car
Im a single guy Making ~65k euros annually, living in a new house that i moved in this year
It needs to be good looking and elegant car
I'll be honest, i want to impress Girls with it

I have about 60k euros in Cash and about 250k euros in link

Am i total retard if i buy myself a 50k euro Mercedes that i have dreamed of for 3 years?
I need a car for my job, it would also save me time because truck speeds are limited in my country compared to normal cars

>>21975816
This has to be bait. Nobody is this retarded

What did they mean by this?

>>21975816
this is honestly one of the most retarded things ive ever read its actually incredibly easy to make another mill with even 200-300k liquid would actually be amazed if you made it

>>21977947
probably is its so fucking easy to make money after a certain point literally just do the boomer fidelity, QQQ amazon shit and youre good

>>21975989
You know you could just work for a few years while raking in $50k? Let's say you keep 10k out of your salary for whatever you want - even a shitty easy job with a 30k annual salary would let you slowly but surely increase that passive income/savings

what type of car should i buy after cashing out my cryptos???

am i gonna make it??

>>21974753
only reason they drop so much is because they're way marked up to begin with

>>21978359
2014 Accord

>living in Switzerland, one the most expensive country on earth
>with 25k usd a year everything included
>don't lack anything, life is fucking good
>see jewified american consoomers thinking you need 10 millions to be happy
>feel even better

>>21978850
accords are un-ironically reliable cars

>>21973979
Did this faggot leave some to pay his capital gains taxes

>>21977923
Gib es auf brudi, du ziehst damit nur Goldgräber an.

>>21978359
Buy the new Supra

>>21977923
If you want a luxury car that isn't a Lexus lease it, buying luxury cars is retarded, Lexus is barely justifiable since they are somewhat reliable in the long run

>>21975816
cope

>>21973979
>>21974074
>>21974117
>>21974136
>>21974182
>>21976101
>>21976105
>>21976123
>>21979590
>>21979558
>>21979551


Rolling for free .crypto domain names
>>21975581
>>21975581
>>21975581

>>21979369
switzerland is getting cucked fast bro

Buying a car is one of the dumbest things you can do

>>21977271
Those are all the correct ways to use 1, 10 and 100 dollars. You weren't implying you'd invest that lunch money would you?

>Dream car
>Audi
Yikes

>>21977023
Wanna know how I know that you're poor?

>>21975840
>my family
which is why you know nothing, you were born with a silver spoon. you're probably american too, so your willpower is near 0
i have lived on $100k for longer than you've been alive, and i have never wagecucked for a day in my life

>>21977023
t. poorfag

>>21980214

BRUTAL.. over for his brother

>>21973979
Now he'll have to wage cuck even harder to maintain and insure his new car.

>>21973979
He at least realized his gains. You cucks hold until 0.07

>>21976187
There is no car that goes up in value.

>>21973979
>>21980426
Wait until this dumb faggot gets his first repair bill

>>21977593
This kind of larp is the saddest larp

>>21980728
German engineering :^)

Im happy with my 2016 homda civic. All the bells and whistles of a new car but without all the maintenance costs. Oh and 40 mpg

While it is incredibly stupid to cash out everything for a car I think a lot of you on biz have it wrong if just keeping the same life once you make it. You’re telling me you made all that money and you won’t want to enjoy it ? Push life to the edge w little further? Then try and make more?

Don’t be a hoarder. Only people with the mindset that they won’t make any more are completely frugal. And you guys on biz will definitely make more money so enjoy your lives.

>>21974945
>Bonds are not an asset
Based

>>21974448
>>21974377
>Using a Lambo as a store of value.
If you look how much BTC falls after a BR, a Lambo is ironically a better store of value.

It's still a dumb liability to buy though.

>>21981072
>Lambo is ironically a better store of value.
The fuck it’s not unless it’s a classic. Lambos are way too common to hold value. Even their special editions like the Aventador SVJ have way too many production numbers to ever hold value. Over saturated Audi’s.

>>21973979
Cringe

>>21980948
How come your shitty philosophy hasn't worked for you?

>>21980948

>>21981129
>posts completely irrelevant reply
>ngmi

I’m
Comfy
Bro

>>21980948
/biz/ is full of shit. They say they'll live like hippies with millions in the bank. Wait until they actually have it.

>>21981151
You being poor is highly relevant.

>>21981102
>BTC goes from $20k to $3k in a year
>Lambos are worse
Look at all the $30k lambos that are a year old. Ask me how I know you're a retard?

Yes they are shit, but great job missing the point.

>>21974915
Meanwhile, a Tesla Model 3 Performance used from 2018 is 1-5k under new price. They barely depreciate at the same rate

>>21977728
For a dollar you can get rice, beans and salt/pepper.
Bretty gud desu.

>>21974702
>cars are the reason most working class people are so financially fucked
why

based for getting an audi
completely retarded otherwise

Reminds me of the posts on reddit during 2017 of "I just made enough to buy myself a nice watch. Thank you Bitcoin!". Wow you fucking idiot. You only bought in to try and double your money or whatever the fuck and then waste it on a watch?

Based boomer video

>>21981332
probably paying 70k for an asset "worth" 50k where you lose 10k as soon as your drive it off the lot
and that's probably not including the fools that do it with a 25% APR
buying a used car for 15k or so i think is the way to go

>>21981636
so is buying an expensive car also retarded? and what if one has enough throwaway money, still a bad idea?
and how do teslas compare?
sry for the questions I'm a brainlet when it comes to cars

Unironically the redditor faggot made the right decision as you will see soon (unless you are ready to short).

>>21976292
>Who are they doing it for? Other retards?
Yup

>>21981689
kinda retarded but okay if you have like several million dollars
i forget the numbers but assume to spend a % of the car's value on repairs and maintenance every year
even basic shit like an oil change you might have to drive it 90 miles to a bigger city where they service it (depending on where you live)
usually for the expensive cars just get one of those used too. new lambos might be like 220k but you can get used ones for like 70k (still expensive but a hell of a lot cheaper)
teslas i'm not too sure on, definitely go to the /o/ board and ask around there if you're curious about car stuff

>>21975840
>As a rich anon
Your opinion is worth fuck all then, you spoiled cunt. Fuck off and wank into Daddy's money, ya wee little faggot. It's not investing if you can start again with another 100 grand everytime you lose it all.

>>21973979
Between cash and crypto I have at least 10x the value of that car and I can't bring myself to spend that sort of money on a depreciating asset.

I would like a nice car, but I just see them as ways to get from A to B, how do people not feel sick when doing this?

>>21975840
>richfag
>appreciating asset, yielding steady and one of the safer incomes is a giant meme
well larped

>>21980948
Yes because i don't want to make it for material goods themselves. I just want out of wagecucking. I can spend loads of money on a nice car for instance, but what is the fucking point when it's then going to be mostly used as a cuckmobile to go to work?

>>21975840
your opinion is worthless

>>21973979
>That
>His 'dream car'
Is this like those youtubers who buy their dream car every 3.5 weeks?

Funny I thought lambos were 375k for a base model. $209k for a new one . Hell getting a lambo from trading crypto isn’t as absurd as it sounds desu.

My dad worked at a luxury car dealer ship growing up so the effect of fancy expensive cars doesn’t have as much effect on me at this point.

>>21975816
Even 30k(£24k) a year or less even for me passive income is making it. Its all relative based on the person. That's would mean I earn my current income but don't have to work. From that point I can build on it if I am unsatisfied

>guy pays of debt with shitcoin profits
>biz talks down on him
What's wrong with you?

>>21975989
I agree with you on this that $50k is not enough to support a family especially if you want your kids to become important people like businessmen, athletes, lawyers etc. Private schools alone per kid cost $20k-$60k per year. Of course many on this god forsaken website would just like to play vidya all their lives in a 1 room studio apartment in Tokyo or some SEA shithole so really $30k per year is "making it" for them.

>>21982106
They're really overrated. You get real depreciating returns when you look at high end cars, and lambos aren't 10x more fun than MX-5s even if they're 10x more expensive.

>>21977582
I'd buy a Porsche Taychan at that point.

>grandpa shitcoin
>appreciating asset

Lolle for once a redditor did something smart

>>21973979
WHAT THE FUCK AHAHHAAHHAHAHAHAHA GET A LOAD OF THIS DUDE

>>21980728
Guy let his head gasket leak for so long that the burnt oil cooked the cat pipe. That's a shitty owner.

>>21979528
In germany crypto gains are tax free if you held for more than a year

>>21981785
I could see myself buying one when it's like 2% of my net worth max and costs 10% of the passive income to maintain. Otherwise it's just better to use that money to really "make it" faster.

>>21973979
Wow, what an actual fucktard
But if it makes them briefly happy then good luck to them
Dream car.. lol

>>21980752
Wonder how many miles he'll get out of it before the repair bills match the odometer

>>21980610
There can be, but they'll be beautifully maintained and over 30 or 40 years old

>>21981170
Pretty much. They’ll know soon.

>>21981230
You’re broke so everyone else must be broke too. Seether.

>>21982062
You think that but once you make it out of wagecucking you will want some nicer things. You think you’re different or special to the billions of people before you who can’t control their desires? Can you even control your coom? Can you even stop eating you fatass? How much social media/gaming do you consume on a day to day basis? You can’t control that and you think you can control your impulses when you have a few millions in the bank. L m a o.

>>21980333
Did you just insult the failing chain tensioners in my A6 you poor but painfully righteous faggot?

>>21982115
You can literally just work and invest all of your income for more gains, and if you get bored of your job you can quit for a few months and do something else. or pursue like art or someshit.

>>21977179
Projecting. I’m not the one seething and Reeeing here that he’s cashing out to buy a car. Like I said, who gives a fuck other than keyboard warriors and investors? Let him be an idiot with his investments. I really don’t care man. At the end of the day, it’s not my fucking money and I’m not the one making frivolous expenses.

>>21982597
*keyboard warriors and keyboard investors

He did better than 99% of this board who will flop from shitcoin to shitcoin until the get too greedy and then lose everything.

I cashed out $500k last week and only have $100K left in DMG. that's it.

Don't forget to sell.

>>21974470
My father did this after like 30 years in the workforce.

>>21973979
>trade an appreciating asset for a depreciating one
oof ishygddt

>>21982501
>You think that but once you make it out of wagecucking you will want some nicer things.
Like what?

>>21982632
You sure did anon

Lol what a fucking moron

>>21982648
My father sold our farm for an shitty urban house, a camper and a car my stepmom chrashed.
And he managed to go deep into debt in the progress.
Boomers are such pathetic consoumers.

>>21974945
still technically an asset though because it's objectively worth something.

liability is a debt in accounting terms; if you paid for it outright it's a depreciating asset.

this is all mostly semantics though; we can all agree it's stupid to spend appreciating assets on a status symbol.

I sold 1500 of my phat Link stack to buy a Tesla Model S. Rest is not for sale. EVER

>>21974945

You're retarded mate. Maybe read one single book about a subject before you talk stupid shit.

>>21975989
>15000 in taxes
you're clearly larping. real estate holders get their dicks sucked left and right in the form of insane tax credits

>>21974915
A man of taste and culture I see. I plan to buy QV Giulia when they drop to 30. Should be no more than a year. Owning mint Alfa 156 2.4 top spec with beige leather interior I bought for 2K €.

>>21977593
>97 m3
better be modded - no stock one will keep up with a newer Audi in a straight line

>>21981785
Grant card one had this car for a day, drove it on stage and then resold it because he thinks it’s stupid to drive a 400k car. Even though it’d be nothing for him to own the car he knows, just like many other successful people, that buying expensive cars is not worth it. A lot of successful people are pretty frugal with their money.

>>21983089
Grant cardone*

>>21977593
You’re one of those people. Super cringe. Do other drivers laugh at you?

>>21982632
whats the drop on DMG??
-skinny 1k DMG holder

>>21975989
Lol
If I received £50K a year after cashing out my bong millions and putting it into investments that don't cause capital gains tax
CGT: £0
Food: ~£2500 (includes toiletries, etc)
Rent + council tax + Utilities: ~£7000
That's unless I buy the house I'm in for peanuts due to the type of ownership it has
Of course I might get bored and get a job for lulz
Or I could just entertain myself doing hobby projects
Just because your parents never beat the stupid out of you doesn't mean the rest of us are retarded

$8,000 a year on food?
Lmao
I thought I was a fat cunt

>>21979369
It's impressive isn't it, how much some people think things cost

people who invest in crypto are retarded/financially illiterate like that

The best flash car for a smart investor growing wealth is either a hybrid or electric BMW/Mercedes or a Tesla

>>21975816
See you @ validation, you sexy beast

>>21981689
Depends on your need
It might even make economic sense for someone to buy a brand new 6 figure car every year, if that's the circles they have to fit in to do their business in
I'd never spend that much, but folk can have their reasons
Of course living hand to mouth to get a $70K loan to get a $50K F150 is just fucking retarded

>>21981785
Just lease a new camry for a few months to get it out of your system

>>21983330
>he fell for the "tesla is an appreaciating asset" meme
jesus christ
tesla literally cut prices of new cars by 2k-5k, how much do you think that affected price of used cars?

I cashed some of my crypto gains out to buy this halo car
Still have enough in it to profit and retire if a next bull run comes
If it does not come i don't fucking care now and have time for other things to do
Cashing out some gains gives you ease of mind, but nether ever cash out all your crypto

>>21983120
based

>>21983109
Cardone is a scam artist Scientologist who has been exposed as not knowing shit about sales even though he touts himself as the world’s greatest sales trainer. His methods are not used in any industry expect maybe small-time used car dealers. He does make some interesting points about buying a home, though, but on those same lines, his real estate business is exclusively giant apartment complexes so go figure.

>>21974768
Maybe if he dry stores it for 30 years and puts about 5k miles on it it'll turn him a profit in future.

>>21973979
My friend did this in the 2017 bull run and he regrets it hard. Seriously how fucking stupid can you be?

>his dream car is an Audi

lmao. for me it's Aston Martin

>>21985234
Even worse, A3 is basically a rebadged Golf lmao

I just don't get why anyone buys luxury cars that aren't like a lambo or something. Who the fuck cares about driving an audi or bmw? The only reason you'd drive one over a practically equivalent car that cost 1/10th the price is because you were cucked into blowing your shit on a car but couldn't afford something truly impressive like a lambo.

Maybe if you just loaded as shit but don't want to stand out, but not crazy rich enough to have a chauffeur, maybe about $10mil net worth. Otherwise, it just seems retarded to spend tens of thousands of dollars to be slightly more comfortable while driving.

>>21985345
fucking lol. everything about this is so pathetic, this is a teenager's idea of a dream car and i bet the guy is over 30 with no savings or investments (now)

>>21985444
Having a chauffeur is so banal.
If you do not use public transports and look like a hobo, you'll never make it.

>>21974470
Unless you're making bank, there's 0 reason to buy a new car and you should opt for a used Toyota, Honda, or Mazda. They're cheap, reliable, run forever, and you're not going to be stuck with a massive repair bill like you will with German vehicles. Spending your gains on a high maintenance performance car is a nigger tier move that can only be rivaled with buying expensive hypebeast clothing like Supreme or Off White.

>>21976292
DING DING DING. It's a low IQ flex. Buying a car is a relatively easy purchase you can make to give the appearance that you're doing better than you really are. Very rarely do they take into account the maintenance, insurance, and their monthly payments can fuck up their finances. God forbid that person wants to buy a house in two to three years' time when they buy said car. It's going to be significantly harder to qualify for a mortgage when you've got $500+/month payments tied up in a vehicle that's constantly declining in value.

>>21974470
This. Even my made it car is a 30k miata

Can someone redpill me on a cheap second hand manual?

>>21977923
>are you retarded for wanting to spend 50k on a high maintenance, expensive Merc?
Yes

You could get a nice used 4Runner with low mileage for under 20K. Better to save the money and invest it or use the extra cash to take a girl to a nice meal or trip instead. You'll get more pussy that way than riding in a Mercedes. If you're deadset on getting a (((luxury vehicle))) follow >>21979558s advice and go with a Lexus or Acura. They're nice cars, will run to about 320k kilometers, and won't cost an arm or a leg if something goes wrong.

>>21983580
How is he a scam artist if he is living proof of his own success? Why would I believe a nobody on how to be successful when there’s already people at the top giving out their advice from real experience and not speculation?

>>21974566
>they are the children of the god of this world,
christkikes are fucking pathetic

>>21973979
Imagine buying a depreciating asset.

>>21985444
Some people want a daily driver that's also performance.

Personally I'm going towards a bigger truck and toys I can tow.
The road isn't a playground.

>>21980728
A friend of mine told me a story a while back on some Arab dude he knew who splashed a shitload of money on a new M3. The dealer made it abundantly clear to take it easy for the first 500 miles in order for the engine to break in. Sand niggers being sand niggers, he immediately took it out, flooring it on the highway at every chance he got. MFW he drove less than 250 miles and had to completely replace the engine because he had fucked it up so bad.

>>21986270
>how is he a scam artist if he's rich???
Really makes one wonder

>audi
Is he a turk or gypsy or simply tasteless?

>>21977593
>I win
yes, a poverty tier "race" car makes you a real winner

>>21975051
Unironically this , that Audi coulda been a lambo in 2 years

>>21986529
That’s a pretty terrible mindset if you think all rich people do is scam others out of money to get ahead... not like he’s always giving free advice on social media everyday. You could atleast try to back up your claim with evidence instead of retard mentality.

>>21977923
you can buy a very nice used Merc for 30k€ that still looks very luxurious

>>21985444
trips of truth. I'm an /o/fag but even I agree. Guys who are going to be future millionaires, keep in mind these nu-cars can have their steering/ gas/ brake overridden electronically. Better make sure you don't buy one of these or you'll end up """crashing""" when you have info on some billionaire.

>>21986735
From which year should I buy the car? What is the cutoff?

>>21986768
I would say 2010 or older... probably older if it's a luxury car with those early steering assists, auto braking features. He had a 2013 CLK250 which I'm pretty sure had some of those. Can most likely be remotely hacked / controlled. General rule of thumb, if it has a cuck touch screen it's probably watching and tracking you aswell.

https://www.military.com/video/law-enforcement/police/raw-michael-hastings-car-crash/2575505618001

I bought a new 2018 Nissan Micra with some of my profits from the 2017 bullrun. It was 15K ... every optional gadget included like lane/park assist.

Buying new doesn't have to be expensive. Pic related...this is my lambo anons.

>>21974702
>7k chainlink
>32 ETH
>70K a year
>1997 Honda Accord

The difference between a luxury car and an economy car is the speakers. 800$ car with 800$ speakers.

What's up with normalfags and wasting money on cars? Now, if you're actually so stupidly rich that you can use paper money to fuel your fireplace, then it's whatever. But if you're still at the point where you have to weigh the pros and cons of purchases, why the fuck would you waste it on a fancy german car?

I'm from a fairly wealthy family, and this idea of wasting money on a car is completely alien to me. Nobody gives a fuck about your car.

>>21986948
You could have spent 15k on any car and you decided the buy one that describes the size of your penis

>>21983497
Why couldn't you have waited and bought a real supra?

>>21987149
this, i cannot fathom either.
The moment you roll that car out of the dealership its value drops like a motherfucker and it gets worse by the year if it isnt becoming a "classic" car by 30 years. Huge dumb gamble.

t. Motorcycle fag, bikes dont get devalued as much even if they cost a quarter of what a car costs

>>21987104
extremely based post

>>21987257
I don't even think they consider the devaluation whatsoever. They just have this nigger-rich mentality of "herp derp gonna drop double on this car and pay on finance so I can impress my other poorfag friends!"

And AFAIK no car built after the 70s will ever be a "classic". Especially not modern cars where they all look literally the same due to EPA standards and whatnot.

>>21986283
That is objectively true.
They are the children of Satan, the god of this world.

>>21986768
Buy Tesla Cybertruck. Install NeuroLink in your brain. Embrace the cyberpunkpill and become the ultimate hacker.

>>21987257
Unless your a boomer who buys a Harley Davidson

>>21974470
More to life than just making money friend. Buy a new car and you can probably drive it for the next 20 years. I'm thinking of buying a new civic si or an accord just for that reason. But I am also in the market for a last gen v6 accord with a manual.

>>21987701

But your brand new luxury car will be shit in like 2 years, especially something like a BMW where it starts requiring thousands of dollars of maintenance / repairs after about 40-50k miles.

And you can have fun driving cheap cars... and save literally like $50k+.

>>21987804
Well I don't know if I'd spend the money on a luxury modern car myself. I have a hard on for honda so I could get real comfy in a new accord. My grail is a mr2 aw11 though so I'm a huge fag.

But the value in buying a new car is that you know paco didn't race it or hit any curbs. It is your car, and if you treat it right, you can wind up saving an ass load on maintenance. I'm biased of course because my car is 30 years old now and still poking along just fine, although I've had to put a few thousand into it to keep it on the road in the last few years. But engine wise, purrs like a kitten. It's hard to buy a used car because imho nobody let's a car go they bought within a few years unless it has a huge problem.

Fuck v6 accords in manual are still so expensive and it sucks. Also the only wagons you can buy new are audi and that's even worse