Financing a car is leverage You wouldn't tell us how much you financed, but let's assume it's $200k, 20%, that's $40k/yr in interest plus principal Your hurdle rate to profitability, waxy Or you could have used the $200k and put into msty, becomes a dividend paying asset rather than a depreciating asset lambo And msty opportunity for income will go away in a crypto winter that you keep wishing to happen, msty has never experienced a bear market you are the dumbest ET poster here, waxy btw, we have 2 vehicles, paid for, waiting on a Tesla, all the premium options, wheels, motor, color, for less than $60k which planning to pay off as well this is less than what I paid for the same model Tesla in 2021, paid off in cash also
Yes MSTY has seen a bear market lol..and you can't just keep throwing money into Bitcoin endlessly like Saylor ..I mean look at the guy...btw I have a 2023 TSLA M3P It's smart to finance a car versus buying it out cash.. especially when you can put the money to work. I thought you already knew this stuff lol.
you probably financed also watch the video, you will see yourself i drive on average once a week, yet soon to be 3 vehicles I have to rent an extra parking space for the Tesla when it arrives, $100/mo, cost of living is cheap here
I've seen the video. It's utter nonsense. Nobody is going into a dealership with a fake Rolex watch trying to pretend to buy a Lamborghini lol. It's not like you can take it for a test drive. So what would be the??
It's stupid leverage finance a $200k depreciating lambo you think is smart? 20% interest rate? you're the dumbest poster on ET
You are forgetting to factor in coolness. And how bad is your credit if that's the rate you're getting? Anyway we are getting off topic. What's going on with that MSTR share dilution? Seems to have gotten you a little pricklier than normal.
My credit is over 800 but doesn't matter, i don't have any debt, use the CC and payoff when the balance is over a few thousand $ tell us your interest rate on the lambo loan? be honest.it's probably over 20% here's my financial advice to you, lease the lambo, don't buy/finance, a lease is tax deductible, just say you need it for coolness factor lol
Leasing is the worst! You are paying off a car you'll never own lol. 20% for a car loan?...that's more like a department store rate lol...try 4-6% I am actually leasing the Tesla with the option to buy out at the end of term. So it's no different than financing
4-6% interest rate on a lambo that depreciates 20-30%? that is a huge risk for a bank to take, you could just walk away, but if you say so, since you never lied on ET, waxy, lol