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Blood on the streets cleaned up

Bricktop

Review Contributor
Messages: 1,393
Reviews: 8
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#42
Well. Tell me why.
Electric is cheaper than gas by far. No maintenance None. 8 yr warranty on batteries. Just push right button on steering wheel and tell it to take you to your favorite Amp then let it drive you there. List is long but it makes driving fun again especially in traffic. 0-60 faster than anything under 100k
 

njlefty

Registered Member
Messages: 2,418
Reviews: 5
Joined
#43
Electric is cheaper than gas by far. No maintenance None. 8 yr warranty on batteries. Just push right button on steering wheel and tell it to take you to your favorite Amp then let it drive you there. List is long but it makes driving fun again especially in traffic. 0-60 faster than anything under 100k
I have to take one for a test drive. My lease is up next year.

Cannot complain at all about my Hyundai sedan. Freeway driving it gets 40 mpg.
 

Tyler1

むらむらする
Messages: 1,446
Reviews: 37
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#44
I have to take one for a test drive. My lease is up next year.

Cannot complain at all about my Hyundai sedan. Freeway driving it gets 40 mpg.
If you are going to get a Tesla, I would say lease rather than buy it.

1. The autopilot feature is non-transferable. So if you think you are saving money by the time it is fully autopilot your car will probably be depreciated by the hardware. Software updates can only do so much.

2. I think there are still progress that can be made in the short term to the efficiency of the battery. Buy the big upgrade rather than the smaller upgrades down the line.
 

Bricktop

Review Contributor
Messages: 1,393
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#46
If you are going to get a Tesla, I would say lease rather than buy it.

1. The autopilot feature is non-transferable. So if you think you are saving money by the time it is fully autopilot your car will probably be depreciated by the hardware. Software updates can only do so much.

2. I think there are still progress that can be made in the short term to the efficiency of the battery. Buy the big upgrade rather than the smaller upgrades down the line.
Autopilot is now included. FSD isn’t necessary for most people. Don’t know about depreciation as Tesla keeps it’s value better than most if not all in its class and price range regardless which model. By the way which Tesla do you have?
 

njlefty

Registered Member
Messages: 2,418
Reviews: 5
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#48
Well gentlemen, this will be the third thread on this subject because people can not stop talking about politics.

I really do not even care whether this thread survives or not. Just want to know how many people were scared shitless three months ago and how many people doubled down on the market during that time because of the general rules.

Never fight the Fed
Buy when everyone else is selling.
Viruses come and go, the market has been here for awhile and will stay hear for a long time to come.
Charlie, this morning the futures and the Dow look to gain again.
 

Matawan3

Registered Member
Messages: 156
Joined
#49
I've discovered a trading strategy that is guaranteed to make you money. Its been back tested thousands of times. 55%-65% of the trades will go your way with each trade being setup with a 1% stop loss and a 1.5% limit up.

The thing is, you will lose trades, lots of them. Maybe 5 in a row at times. You could even be down in your first 30 or more trades. So you can't play with scared money.

Also, its work. Full time job basically. To search charts looking for the setup, or at times even waiting for the setup, and honestly the way this market is right now, you can probably make more just buying and not even looking at it.

That being said, I do keep some money on the side for day trading. It can be fun. The stock market is the best game in town to make money as longas you are smart and can limit your downside, which for the passed 13 years, has been as easy as shooting fish in a barrel.
 

Matawan3

Registered Member
Messages: 156
Joined
#50
Charlie, this morning the futures and the Dow look to gain again.
A lot of people have been waiting for this so called bubble to burst. They've been waiting for it since 2010. Thats a long time to keep your money on the sidelines.

The correction will come no doubt about it. But it might be a ways off. I think its still best to be long or be wrong.
 

charliebrown

Review Contributor
Messages: 2,738
Reviews: 177
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#51
Holy Shit guys, 0 percent interest, another 2T stimulus passed, vaccines going into arms. People getting back to work. there is absolutely no reason to be afraid for the next few months to a year.

Will this party eventually have a hangover, absolutely. Eventually, they are going to start talking about raising taxes but it will not be anything serious because this momentum will be worth gold for the mid term elections. Once the elections are over, there will be some serious talk about taxes.

The future is bright gentlemen, automation, increased population, more customers, less workers!!! enjoy the ride and adjust your investments to your risk tolerance level.
 

njlefty

Registered Member
Messages: 2,418
Reviews: 5
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#52
A lot of people have been waiting for this so called bubble to burst. They've been waiting for it since 2010. Thats a long time to keep your money on the sidelines.

The correction will come no doubt about it. But it might be a ways off. I think its still best to be long or be wrong.
I made changes a year ago because I thought the markets would be hammered. I expected the Dow to be at 15,000.

I used to have a relatively good feel for when markets accurately reflected conditions, but that has changed.
 

njlefty

Registered Member
Messages: 2,418
Reviews: 5
Joined
#53
Holy Shit guys, 0 percent interest, another 2T stimulus passed, vaccines going into arms. People getting back to work. there is absolutely no reason to be afraid for the next few months to a year.

Will this party eventually have a hangover, absolutely. Eventually, they are going to start talking about raising taxes but it will not be anything serious because this momentum will be worth gold for the mid term elections. Once the elections are over, there will be some serious talk about taxes.

The future is bright gentlemen, automation, increased population, more customers, less workers!!! enjoy the ride and adjust your investments to your risk tolerance level.
I have adhered for a number of years now to a basic formula of fixed income or assets equal to age, with the remainder in areas for growth. Roughly these days: 60/40.
 

cm47toimaim

あなた以外なんにもいらない
Messages: 2,735
Reviews: 82
Joined
#54
Nothing wrong with having cash on hand. Seems like a common trait with us Mongers. Wondering if you guys keep it as 100 dollar bills?

Tripled my 401K contributions to get maxed out in 3 months instead of 9 months. Also bought a few calls that doubled and increased holding in stocks I absolutely love and should provide me with the cash in retirement to continue the hobby.
100’s
 

charliebrown

Review Contributor
Messages: 2,738
Reviews: 177
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#55
I have adhered for a number of years now to a basic formula of fixed income or assets equal to age, with the remainder in areas for growth. Roughly these days: 60/40.
Agree, although I personally feel that the numbers from financial advisors should be adjusted. Seems rich people live much longer than poor people. I want about 5 years worth of living expenses in cash and low risk investments. Each year, the Five year fund will get replenished, hopefully, with the dividends some good investments.
 

AutomaticSlim

Shush...
Messages: 6,839
Reviews: 133
Joined
#56
Agree, although I personally feel that the numbers from financial advisors should be adjusted. Seems rich people live much longer than poor people. I want about 5 years worth of living expenses in cash and low risk investments. Each year, the Five year fund will get replenished, hopefully, with the dividends some good investments.
I figure, for me anyway, 70 is a good age to check out.
15 more good to great years with complete independence.
Yeah, that's what I want.
 

njlefty

Registered Member
Messages: 2,418
Reviews: 5
Joined
#57
Agree, although I personally feel that the numbers from financial advisors should be adjusted. Seems rich people live much longer than poor people. I want about 5 years worth of living expenses in cash and low risk investments. Each year, the Five year fund will get replenished, hopefully, with the dividends some good investments.
I like the 5 year component. Had not previously considered that as a formula, but it makes sense for me. These days I am just a renter, and I am quite happy renting. But a formula for living expenses five years out is a good idea for a renter like me.
 

Matawan3

Registered Member
Messages: 156
Joined
#60
I made changes a year ago because I thought the markets would be hammered. I expected the Dow to be at 15,000.

I used to have a relatively good feel for when markets accurately reflected conditions, but that has changed.
Its all about cheap money. As long as interest rates stay low, the market will boom.

Truth be told, I'd rather have my money in a risk free interest baring account that yields 6% and we can call it a day. But those days haven't existed since 2009. So the only game in town for a return is the markets. Thats why its super inflated.
 
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