Still think TITNC3: Return of the Iceberg was peak

Why?

 

I do it all the time. I keep trying to call Koji Sato to sell me one directly, but he won't take my calls and the receptionist keeps referring me to Toyota dealerships.

 

When the price and interest rate on new is LOWER then used. Yeah, you buy a new one off the lot. lol

 

BTC $30K achieved.

 

lol the fed is fuckedddd if BTC is pulling upwards when the entire economy is hanging on the precipice of shitting itself.

 

I thought the economy was all good now

 

Unemployment still at record lows. Jpow says we gotta keep raising those interest rates because companies are still hiring and people are still getting paid.

Meanwhile the commercial real estate market is about to collapse.

Meanwhile lots of 2 year swaps on bad bets came due

Meanwhile banks are failing but .govs all over are saying "EVERYTHING IS FINE"

Meanwhile maybe I'll finally get rich?

Fuck. Collapse system, just collapse. I have two Tacomas now. I'm ready. Pay me or lets go full mad max. I'm good either way

 

That's been the whole point of BTC all along. Non-inflationary and decentralized. When the banks shit the bed where's that money gonna go? Gold and BTC.

 

Then why did I buy BBIG!

 

Aside from the MMs using BTC to pump and dump like they do with no name stocks when they need liquidity

 

meanwhile,

40 year mortgage



gross

 

turd gen will always have a place in my heart of "WHY!?"

Same chassis as second gen, shoehorned engine that makes its power at higher revs, transmission programmed by an intern, and a diff that howls at normal cruising speeds.

You can't make a vehicle this jacked up if you tried

I will probably test out the fourth when it drops and see what happens. Depending how BBIG goes I could be convinced, I have Jan 2024 calls and a couple hundo shares

 

If I could have gotten a 40 year at the 2.6% that I did in Jan 2021, I would have jumped on that in a heartbeat. I'm already at 2.6% (2.625) on a 30 and not paying it down early because why the hell would you? On a 40 instead? Heck yeah





an extra 35k in interest vs the investment opportunity of 130$ difference over 40 years



Or the full 803 every month for 10 at the end of the 30

 

Or you could use the extra cash to go to the bar and buy take out....

 

Calculator.net is one of the best sites on the web.

 

Heck yeah it is, they have a ton of stuff on there. Even an inflation adjustable ones for retirement, etc. It's really easy to make these (I can do it in R, R is a great language for plotting in, open source and people make a lot of packages, so loans, investments, etc are easy to make pretty charts).

They just got them all there and easy to use. Why bother.

 

Do any of you guys own WULF a bit coin mining co. uses nuclear hydro and solar

 

I'm more of a "pay it off as early as possible and get rid of as much debt from my name as soon as possible" type of guy

edit: also, for a low interest loan the numbers sound great, but we obviously know they're doing this because first time home owners cant afford to buy homes in this market and this 40 year term will help those in that situation. we may never see sub 3% rates again

 

Yup, same reason cars went out to 48, 60 month terms.

Also cars are underwater from day 1, homes typically the train of thought is that they increase in value, so you're not underwater for long, if at all/ever. I think right now with prices ^^^, there's a chance things bought (ballpark) March 2022 - Now could go underwater.

I'm in the same boat as you with debt-be-gone but with 2.625% and LTV being about 0.5-0.6 right now, there's no reason to drive that down quicker in my mind, on a house at least.

 

yea houses always go up in value, except, yanno.. when the population is in decline