I tend to go 3-5 years for what I think is best value.
Also, someone trustworthy who actually knows about cars is essential.
I have never, and will never, buy a new car - for myself.
Company cars are a different matter.
That clip has a few errors, and doesnât allow for some things.
His representation of âtypicalâ repair costs is practically useless, also, which throws it out a little.
Yep. But not really because of repairs. Thatâs way too vague and depends on the car and car brand and car type, you and your driving and driving habits, where you live, who fixes the car, the weather, luck, and so on.
I still remember the time someone started some sort of âmedical adviceâ thread. Was hilarious til it was shut down. It only makes sense that we would make important financial decisions based on blitz!
If you donât need a car(your average get about towner to your new sports car) , donât own one.
Investing in cars is difficult. Some models appreciate once appreciated as a classic, or obtain cult status. The best buys there are usually had by a mechanic or dealer who knows the market and gets them off unsuspecting owners when trading.
When things are looking bleak with your investments returns, just remember these Bitcoin investor stories:
Thomas, a German-born programmer living in San Francisco, has two guesses left to figure out a password to his digital wallet that is worth, as of this week, about $220 million.
Abed, 34, an entrepreneur from Barbados, lost around 800 Bitcoin â now worth around $25 million â when a colleague reformatted a laptop that contained the private keys to a Bitcoin wallet in 2011.
So, I found this interesting, not sure how much truth there is, but youâd think it will have hedge fund managers looking to change the rules in their favour.
Iâll do a terrible job at explaining, but here goes.
The hedge fund managers are betting that the stock price of GME will go down, and they make money when this happens by âborrowingâ the stock and agreeing to buy the stock at the future price. I guess this is âshortingâ?
Apparently they have been doing this pretty aggressively to GameStop numerous times. But they could do it to any stock.
So a bunch of day traders in Reddit who have seen the trends, have been buying the stock and inflating the price, so much so that the hedge fund has lost a â â â â load of $.
More and more investors big and small are piling in to push the price higher, make some money, and fark over the hedge fund.
Who needs crypto currency when you can just by real stocks.