@Budgetdog_ If you can lease a Toyota Corolla at 0% ??? And interest rates are 6% and there is no discount for paying cash …. Blanket statements are so tough. I agree in general on all of them but it depends..
@GerberKawasaki My only issue is you can get an used F150 lightning for close to the cost of a new slate. Love the truck just wish it was a 4 x 4 for 25 grand
@Rajatsoni@OHare888 That’s what the current amounts they have if they keep taking on more debt at 11 1/2% eventually of course Bitcoin would have to increase more
@Gregulationist@DividendDaddy1@theficouple This is what a lot of people don’t point out lets you leverage your money in a major way. But most of the people saying it produces cash flow don’t take into account repairs and maintenance. I spent 15k cad on a new boiler for heated floors that hurt.
@fasterfreedom@Budgetdog_ Sam, you don’t put any money aside for REPAIRS / maintenance?You also didn’t show what your mortgage rate was at And or what you’re renting the house for. Would love to see an example of where this is possible.5% house appreciation is maybe reasonable over 20 years but not five.
@Budgetdog_@darrelltalksfi Interesting I thought we paid way more in Canada, but it looks like we’re roughly the same about $5.20usd a gallon in Canada
@mhp_guy Do you know what’s even funnier our golf cart pulls a small trailer 14’ around our property that has 140 wedding chairs in it. ( and some other odds and ends )
@Paralofna@slateauto I’ve driven Electric for nine years. If it’s brutal out, it’s 40%. Lower. If it’s just freezing, it’s more like 20%. Depends how you drive to( speed , hills ). And if you preheated your car or not.
@Budgetdog_ Awesome list. Would challenge you on leasing a car. Depends on interest rate , lease terms which can be good or sketchy, etc. If you don’t own a car and buy a $30,000 car you pay all tax so if you go to sell it tomorrow you might owe $33,600 . If you lease you would owe $30,000
@realest49919420 That’s the biggest thing I miss is the sound of combustion engine. Probably not good for you but the smell of two stroke exhaust brings back memories too.