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[–] • 3 pts

Buy a hybrid Toyota. You get great fuel economy and a well built vehicle that won't be breaking down on you.

[–] • 1 pt

I will definitely look into that. Somebody told me buy the new electric Mustang Mach E. I dunno.

[–] • 3 pts

Do NOT buy any all electric vehicle. You'll NEVER be able to get out of any place in an emergency situation especially if you encounter traffic since the battery will run down and you won't be able to recharge anywhere.

[–] • 1 pt

Yeah, unless I 'garage' it for later.

You're right though, didn't think of it that way.

Back in the late eighties a client (don't know what ever happened to him) got a settlement for plant explosion injuries and he bought two new Corvettes and garaged them. Wonder how it turned out.

[–] • 1 pt

hybrid Toyota

I regularly get 36-42mpg average on a tank with my RAV4. You'll get even better mileage with a Toyota sedan. Into the 50-60 range I would guess.

[–] • 1 pt

Electric vehicles are dog shit. Horrible advice. You don't buy a 40k vehicle to be some sort of hard asset. Do you not know how vehicle depreciation works? Maybe invest in some silver or gold bullion instead? There is also a ton of money to be made with sound crypto investments.

[–] • 0 pt

Lol, he wants to buy a vehicle that'll last if everything goes to shit.

I just gave him a dependable option.

[–] • 1 pt

He's looking for an asset not a dependable car you muppet.

[–] • 0 pt

What are some sound crypto assets?

[–] • 1 pt

Not financial advice but any tokens represented in the ISO20022 standard that is being implemented. These will stay, many others will be gone forever. The 5 ISO20022 tokens are XRP, XLM, Algorand, XDC, and IOTA. They are all still very cheap to acquire right now, most of them are sub $1.00. if you're new to crypto, plan on spending hours of time learning how it works. Once you figure it out it's easy. And for the above mentioned assets, I would plan on any of those being a 3-5 year hold or maybe even longer.

[–] • 2 pts

It would have to be exotic or utilitarian. Trucks have been hot.

[–] • 1 pt

Yes, trucks have been, seen that.

[–] • 2 pts (edited )

a motorcycle that's cheap on gas, somewhat rare and esoteric, but not overpriced (its like the toyota corolla to MC's) because once gas goes to $5, everyone will be envious of your ride

anyone looking at electric cars, that's a double NO. NO because batteries last 8-10 years and the infrastructure for it is definitely not here. NO because it is new and shiny and expensive as fuck it would better serve well to diversify in other things.

[–] • 0 pt

Hadn't thought of a bike, good idea

[–] • 2 pts

A vehicle is a depreciation nightmare,property,is the wisest investment you could make. tt a jooish accountant,you'll see.

[–] • 0 pt

What kind of property can you get for $40K? It might pay off in the long run, but there's still transfer taxes, realtor fees, county property taxes, etc. Plus, is it even worth your time if your just looking at maybe a few thousand in profit 5-10 years from now?

[–] • 0 pt

The filthy jews have many ways to devalue your property. Example A, Detroit. Example B, moving niggers into a neighborhood. That was redundant. I don't think there are any perfect investments, but silver and gold are finite, they can't print more silver and gold.

[–] • 0 pt

Black people ain't moving in next to 200 acres in BFE

[–] • 0 pt

Doesn't mean the jews won't find a way to devalue your property. They could develop something next to it, start drilling for metals/oils/gasses, raise taxes, whatever. The jews have a literal arsenal of ways to ruin people, they literally have a textbook passed down for generations teaching their people how to swindle, cheat, steal, lie, rape and mass murder.

[–] • 2 pts

Possibly a 996 Porsche of you can find one cheap

[–] • 1 pt

What year?

[–] • 1 pt (edited )

Any as long as the IMS bearing has been dealt with professionally

Look on Bringatrailer for a guy named Tarek Saleh out of Belmont Shore/Long Beach. He's THE guy to buy a Porsche from. He sells a lot of fine 993s (for that you want pre 1995.5 or something BC the OBD1 if you want need to due to smog state) but those are going for well over 50 now.

He also sells on other mediums.

https://www.euromotionauto.com/

Any Porsche guy knows who this is, and if they don't they aren't a Porsche guy.

[–] • 0 pt

Thanks. It took us many years to figure out what the Eagles meant in their James Dean song, "Along came a Spyder and picked up a rider and took him down the road to eternity."

[–] [deleted] • 2 pts

All new vehicles loose a significant amount of value the second you drive it off the lot. That's like asking what kind of sandwich should you invest in.

https://youtu.be/e3QRTToTLzI

[–] • 0 pt

See my other comments, I know.

[–] • 1 pt

Honda s2k if you can find a minty one.

[–] • 1 pt

Ah, they're cool looking.

[–] • 1 pt (edited )

I have 2 one is a 2005 with 42k miles the other one with 219k. I can sell my 05 for ~$32k right now and have a buyer with hours. Could probably get $16k for the other one, and it's all dinged up and modified.

I paid $16k for my 05 and 11k for the 02. That's 10k net profit from 2 used cars. Obviously I'd be taking a loss on the AP1 considering I have over $12k in mods.

[–] • 0 pt

That is nice.

I'm thinking when 'money dies,' there will always be buyers, "we know the price of everything but the value of nothing."

Assets will still be assets, the rich will still be here, the world will plod along as always.

[–] • 0 pt

That's 10k net profit from 2 used cars.

Okay I get it now.

[–] • 1 pt

A fleet of used Suburbans

4.0 Jeep Cherokees second choice

[–] • 0 pt

Yeah, Jeep Cherokees sound great.

[–] • 2 pts

Any Suburban with an LS motor is a beast that will not die easily

[–] • 0 pt

Serious?

[–] • 1 pt

Third choice would be crown vics

[–] • 0 pt

Love those, I like Lincoln town cars, used to own an LTD.

[–] • 1 pt (edited )

Something like a '77 Corvette Stingray? An older Diesel Mercedes? Just guessing. I know little about cars.

Buy a Rolex. Spend $8500 on a Submariner and it will be worth $14K in a year. I buy mine to wear, so they get scratched, but a lot of people buy them and store them away for just the reason you mentioned.

[–] • 1 pt

Yes, hadn't thought of a Rolex, good idea.

[–] • 0 pt

Spend $8500 on a Submariner and it will be worth $14K in a year.

Not that I doubt you, but why is this the case? Just inflation?

[–] • 0 pt

Demand is great. There seems to be a bubble, but I don't think it is busting any time soon. Rolex just increased prices for 2022 by 5%, as well. There are people on 2 and 3 year waiting lists for popular models like the Submariner and the GMT Master II. A lot of these people who buy Rolex are flipping them and driving up the prices. That is why when I walk into a Rolex dealer, I show them that I'm already wearing one with dings so they know I am an enthusiast and not a scumbag grey market flipper. As a first-time Rolex buy, you probably will not be able to get a Sub or a GMT, but you can get something like an Explorer 2 or a Milgauss and while those won't double in value, they will still go up 25%-30%.

[–] [deleted] • 1 pt

No. Cars are a shit investment.

[–] • 1 pt

Right, but they're still assets if money dies.

[–] [deleted] • 2 pts

Assets how?

If cash goes to hell just what are you going to get for it?

Trade it? Who in their right mind would trade for an asset that requires cash to fuel it?

If cash goes to hell a horse will have more value than a car.

[–] • 1 pt

A 4x4 vehicle with body on frame would be the best if money dies. You would be able to swap a variety of engines in it or have a partial electric system. It would be able to traverse off road, and haul a decent amount of weight and/or people.

[–] • 1 pt

Right, but I'm talking relatively, if cash goes south it's good to have assets.

[–] [deleted] • 3 pts

And cars aren't one of them.

If cash goes south, just what will you use to purchase the gasoline to put in the car?

[–] • 1 pt

Right. If you have a suggestion let me know, besides PM's it's very limited.

An adviser on youtube had a client who recently sold a business for 40 million and is scared to death to put it in the bank, as he should be. He's got tons of real estate already.

They're looking at classic cars and painting.

[–] • 1 pt

Land. Buy land. You can't print more land. You can't build more land.

Guns. Ammo. Livestock. Horticulture. These are true assets that will increase in value if the world goes to shit. Assets are useless if you can't defend them.

[–] • 0 pt

Don't disagree, however that's assuming that the property taxes aren't unreasonable. Property taxes are a fucking scam and are raised at the whim of an uneducated populace and incompetent and corrupt government. I've known people who have had a modest house on acreage and their property taxes have ended up forcing them to sell.

[–] • 0 pt

Thats what the guns are for, but also purchase land in reasonable places.

[–] • 0 pt

For sure, all places are reasonable, until they aren't though. Be it 5 years or 15 years. Typically anytime property significantly appreciates the property taxes do as well.

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