Fast Tracks: Paying to Cut the Line

[Sbob]

You must pay cash for a depreciating asset while the equity markets go up, as always in the long term, and think you're smart.

Go in and do a deal for cash and then ask for 0 % financing as see how fast that evaporates 0% just means they made money on the top line.

Equities… yeah they never go down. Although utility stocks might give you a solid dividend.

 

[Benny Profane]

That's gross. The cat skiining, I mean.

 

[tirolski]

You must pay cash for a depreciating asset while the equity markets go up, as always in the long term, and think you're smart.

If folks had bought apple stock instead of apple gadgets folks would have more wealth.
Selfies hada be taken so there’s that.

 

[Benny Profane]

Go in and do a deal for cash and then ask for 0 % financing as see how fast that evaporates 0% just means they made money on the top line.

Equities… yeah they never go down. Although utility stocks might give you a solid dividend.

S&P 500 Average Return and Historical Performance

See the historical performance of the S&P 500 Index. Learn more about the factors that affect the S&P 500 average return.

www.investopedia.com

• The S&P 500 index is a benchmark of American stock market performance, dating back to the 1920s.
• The index has returned a historic annualized average return of around 10% since its inception through 2019.
• While that average number may sound attractive, timing is everything - get in at a high or out at a relative low and you will not enjoy such returns.

And, of course, that's another reason nobody has any money. They buy stocks when they're high and on a roll, and panic and sell low in freakout times.

And pay cash for 50,000 dollar pickup trucks they drive to their Home Depot job.

 

[Benny Profane]

If folks had bought apple stock instead of apple gadgets folks would have more wealth.
Selfies hada be taken so there’s that.

Oh, man, to go back in time around 2000 and put it all on Apple at 18 bucks. Before the splits.

 

[Brownski]

Ok
So I put 30-35k miles on my car in a typical year. Last year I managed to do 40k somehow. Typically I put down extra up front and don’t ever take longer than 60 months. Even then I usually do some extra payments as I get close to the end and I end up with over 200k miles by the time I pay it off. What’s the smart guy strategy?

 

[Benny Profane]

Borrow that money at zero (free money!), put the sticker price in a solid equity fund, and you may wind up ahead after the term of the loan, instead of making the financiers at the car company richer, because they dont pay cash.

 

[raisingarizona]

Our consumerism culture creates a whole lotta hamsters running in a wheel.

 

[tirolski]

Our consumerism culture creates a whole lotta hamsters running in a wheel.

Some of em have nice bikes.

 

[Sbob]

Ok
What’s the smart guy strategy?

Get another job that requires less travel or move closer to work. Not only will you save money but you’ll get your life back. That’s a shit ton of windshield time!