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Search results

  1. A

    The Tesla and Electric Car Money-Saving Scam

    HOT! 
    I bought a used Chevy Volt which is admittedly a plug in hybrid but most of my driving was short distances. I did the math before buying it and it was the least expensive vehicle per mile I could identify by a very long shot even factoring in maintenance. I think it was 7.5 cents per mile...
  2. A

    Website for Car Enthusiasts - Anyone do similar?

    Would it be a sufficiently popular item to generate interest for your other products? Also is there a way to charge more for something that’s visually more appealing or higher in quality? Your target market may decide this. As an example I have a BMW that’s old enough to be in high school but...
  3. A

    Website for Car Enthusiasts - Anyone do similar?

    I used to dabble in the VW scene and I think it’s definitely possible to build great brands because gearheads really strongly identify with brands to the point that it gets weird. There always seems to be a market for cheap crap (“Chinesium”) but I would focus on quality - I recall a few...
  4. A

    What is your EDC knife? Knife Suggestions

    OFF-TOPIC 
    Ka-Bar folding tanto blade - cheap enough not to worry about it, good enough for daily knife tasks. I have some other fancier knives I break out when I feel like having some fun. I’d like to learn about using a knife for self defense but am approaching it with caution - introducing a weapon...
  5. A

    The brrrr method

    REAL ESTATE 
    That’s the plan eventually but I’m not there yet, not ready to quit my slow lane job.
  6. A

    The brrrr method

    REAL ESTATE 
    I want to buy distressed properties and cannot locate a GOOD general contractor. Roofing and siding companies don’t want to do framing, kitchen and bathroom companies are too expensive, GCs want to build pricey custom homes. Where you guys finding them - home advisor/Yelp?
  7. A

    My Personal Warning Alarm On Coronavirus - 1 MILLION+ Deaths

    HOT! PEOPLE 
    Yay, we just added another leading cause of death to compete with car accidents and heart disease. What’s the big deal? The long term health effects aren’t great even if you survive, and cramming hospitals full of Covid patients means other people won’t get surgeries and emergency care and...
  8. A

    What book are you reading? Right now. Post up!

    NOTABLE! HOT! BOOKS CHAT 
    You made me get Storyworthy from Audible and I’ve been enjoying it so far. As a young man I wanted to be a writer but I struggled to find a story I wanted to tell. As a grown up I’m realizing how much of what we do every day depends on providing a narrative sequence that resonates with our...
  9. A

    They want to amend the IL constitution to eAT tHE rICH

    HOT! OFF-TOPIC 
    Illinois is one of the states most at risk of going bankrupt due to borrowing and pension obligations that it will have trouble refinancing in bond markets.
  10. A

    C0VlD-19 Effects on Rental Properties

    REAL ESTATE 
    I’ve had no problems despite tenants being unemployed for short time periods. Treat them with a basic level of respect and decency and reap dividends. One person needed a little flexibility in her due date, not a big deal. Most people don’t want to have their credit ruined and to become...
  11. A

    The Weirdest Business Model (worth copying)

    HOT! 
    Why wait until you’re dead? I’d pay people to go tell off certain people I know right now just so I could see spy cam recordings of the looks on their faces.
  12. A

    Investing in Townhomes

    REAL ESTATE 
    What has your experience been with property management? How does it affect your costs? I managed my own investment property to save cash and it wasn’t terrible, I liked being onsite and knowing the tenants well. Problem is that I can’t scale to more properties.
  13. A

    Gold & Silver Megathread

    INVESTING 
    What drives the value changes for gold and silver? They’re not really industrial metals so I don’t get what generates demand. If they are a hedge against inflation can they truly be profitable or just keep pace with inflation?
  14. A

    Any Diehard Android Fans Ever Switch To Apple?

    OFF-TOPIC 
    I was an Android fan for years because Motorola made cheap devices that seemed competitive, until one too many bad OS updates made my phone run really poorly and crash. And it wasn’t the processor speed or memory that was lacking, it worked just fine with certain tasks like internet and social...
  15. A

    Renting Exotic Cars Replicas on Turo

    it’s an interesting idea with respect to real collectible carsand there are some companies doing this for blue chip collector cars. If I were doing this I would want some form of security for the property. I think it would be hard to get my own insurance for a vehicle I do not possess because...
  16. A

    How to avoid (handle) bankruptcy

    You really need to consult a good bankruptcy lawyer if you’re thinking about this seriously. A properly done bankruptcy with the right business lenders can put a struggling company on solid ground again - IF it has valuable assets. For personal bankruptcies the bankruptcy law of your country...
  17. A

    From FIRE to DIRE...

    INVESTING 
    I spent some time around Reddit’s FIRE community a few years ago and it opened my eyes to what I could do with sound money management. I wouldn’t say it was complete crap - at least they want to get off the treadmill - but at its root it’s a philosophy of inaction. I can’t tell you how many...
  18. A

    LAW SCHOOL IMPRISONMENT

    INTRO 
    I think it’s a very sound idea. I don’t know anything about how the S African legal market works so I couldn’t advise you on the practicalities. I know people in the US who went into private equity or became executives at high growth companies after studying m&a. They worked as lawyers for a...
  19. A

    Why do so many people root for winners, but don't try to be a winner?

    OFF-TOPIC 
    People who root for winners annoy me. The work of winning is already done - it’s lazy and smug. In the film There Will Be Blood the protagonist confesses that he likes to defeat people and see them fail. Most of us probably relate to that statement more than we would like to admit. That...
  20. A

    LAW SCHOOL IMPRISONMENT

    INTRO 
    I had a similar realization in law school and stuck with it. Don’t always wish I had, but that’s mainly because it’s extremely expensive where I live. Law school can be a great way to fast lane if you can attend without going into significant debt. Frankly speaking, as a commercial lawyer I am...
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