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/biz/ - Business & Finance


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51684940 No.51684940 [Reply] [Original]

Bought a 100k car in November when I hit 2.2M net worth and paid off a 300k house. Financed a new 370k house at 2.75% instead of paying cash.

After all is said and done, I had 1.5M left over at least. My portfolio today is worth 325k and I have to cough up 20k for an attorney because I'm being sued.

To top it all off, I planned to move and had quit my job the week before the crash.

2.2M --> 600k net worth only 300k in crypto and no job now (so living off crypto)

Is anyone more JUSTed than me?

>> No.51684954

Nope, I told you HBAR fag to sell you smugly mocked me a dying man and now you life unraveled what a shocker.

>> No.51684974

>>51684940
>Bought a 100k car
>Dodge
Anon...

>> No.51684987

>>51684954
It hurts but it's true.

I'm down to like 6.5 BTC, 15k LINK, 2.1M hbar and I just crashed the hellcat into 2 vehicles from behind the week after I decided to move back down south and quit my 135k job.

Now im stuck here and have court dates all through October.

JUST

God im fucked.

>> No.51685030

>>51684987
Just hold and set sell orders at .30-$1
Pull out like 50k and keep it in USDC taking out small chunks to live off.
I got 10k faggot and I'm gonna survive just get creative.

>> No.51685047
File: 146 KB, 600x750, 199779587_4303923112962523_8365454787477479257_n_(1).jpg [View same] [iqdb] [saucenao] [google]
51685047

>>51684974
This.

OP, you're nouveau riche human garbage. Clearly you were genetically just never meant worth more than 7 figures. Pic related.

>> No.51685053
File: 1.68 MB, 1080x806, Screenshot_20220928-135800-770.png [View same] [iqdb] [saucenao] [google]
51685053

>>51684974
She was a beauty and will be forever missed. I've never loved an object before.

>> No.51685085

>>51685053
There lies your problem you live for material gains, you ignore good advice and just whine about the past.

You will sow your own misery literally told you this multiple times now, it's a fucking car mostly made of plastic and pot metal you overpaid for, whats really gonna fuck you is the lawsuits.

>> No.51685100

>>51685053
>I decided to move back down south
Hold the fuck on is that the I-70 viaduct?

>> No.51685120

100k for a dodge? am I missing something

>> No.51685122

>>51685100
Nah I'm in new england.

>> No.51685148

>>51685122
Oh. Anyway, buy a Camry or something lmao.

>> No.51685153

>>51685085
>pot metal
Neither the body panels or the frame are made out of diecast pot metal, that would literally make cars a death trap, it's steel.

>> No.51685156

>>51685120
Car was 83k plus 3k warranty. 86k out the door. Put 10k of mods on it plus a 2k wrap and 4k custom interior, 3k for radar, dashcam, sound system. Right at 100k

>> No.51685162

>>51685120
probably a new higher trim hellcat. the ultimate nigger chariot.

>> No.51685206

>>51685153
>Steel
Bro cars have been made out of paperthin metal since the 2008 crash, where the fuck have you been?
>t. car restorer
I literally know more about cars than 90% of people.

>> No.51685208

>>51685156
Yeah, that all sounds pretty retarded to do unless you had a plan to make the money back afterwards, it might just be me, but suddenly gaining lots of money wouldn't prompt me to replace things that already do the job.

>> No.51685218
File: 2.83 MB, 1080x1316, Screenshot_20220928-140644-927.png [View same] [iqdb] [saucenao] [google]
51685218

Rest in peace, my love. You will be forever missed.

Imagine had I not paid cash for it. Holy shit what a nightmare I'd be in.

>> No.51685229

>>51685206
>Bro cars have been made out of paperthin metal since the 2008 crash
I hope you mean just the body panels, no way the unibody is made of "paper thin" metal

>> No.51685234

nice larping OP

>> No.51685248

>>51684940

you paid 100k for a piece of shit dodge? LMAO

>> No.51685249

A 75% decline is pretty typical for someone undiversified who experiences a bear market in their core holdings.
Be happy that you got to enjoy some of the wealth while you had it. Be happy that you still have plenty.
Never chase your losses because you'll end up blowing what still remains.

Truthfully though, most people have to live through a 100% loss to realize what they had. You'll likely ignore this advice.

>> No.51685251

>>51685229
Of course not but 90% of that Dodge is made of cheap material they have to of course go by code but doesn't mean the price OP paid for it was how much it cost to make this plastic piece of shit.
I sold dodged in 2006 they were shit then and they only got worse.

>> No.51685254

>>51685208
It doesn't feel like much when you are sitting on 2.2M

IF I get an insurance payout im just gonna buy a Jeep and cover the attorney fees with the rest.

Insurance has told me I will get at most 40 cents to the dollar on my mods.

>> No.51685266

>>51685251
*Dodges
God damn my typos

>> No.51685287

>>51685251
What OP likely got was a Hellcat Redeye likely, you're not really paying for the car as much as you are for the 700HP+ drive-train, Dodge just has a Germany approach to making the high tier models indistinguishable to the base models to the average consumer.

>> No.51685323

>>51685120
Yeah, it was a fucking widebody hellcat. I bought a 2021 with 1 Mile.

This 2022 is 104k and it's not even a widebody or redeye. They just keep getting more and more expensive.

>> No.51685343
File: 885 KB, 1080x1628, Screenshot_20220928-141247-802.png [View same] [iqdb] [saucenao] [google]
51685343

>>51685323
Forgot to attach pic. This one isnt even a redeye or widebody. Shits expensive.

>> No.51685389

>>51685323
good for you my man, I was living the life about a decade ago took a loss and trying to get back to feeling comfy again. Hope everything works out

>> No.51685426

>>51685389
I'm sure it will. If my crypto portfolio hits 250k I'm just timelocking that shit for 2 years and forgetting about it. I'm not gonna be a story of the guy who made it and lost it

>> No.51685568

>>51684940
If your insurance totaled it, that thing is going to fly at Copart. It's getting fixed.

>> No.51685599

>>51685426
Where did most of your crypto gains come from?

>> No.51685623

>>51684940
you deserve an awesome car

>> No.51685690

>braindamaged, redditspacing nigger goes from pisspoor to rich back to pisspoor AND debtraped forever
nothing of value was lost

>> No.51685725

>>51684940
You have one 300k house paid off (rent it out for income), if you have a 370k loan at a 2.75 interest rate then you are paying maybe less than 2k a month. It seems you have plenty to cover your bills. Get another job. Despite all the doomsday shit about the economy places are still hiring.

>> No.51685960
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51685960

>if you finance a car you can invest the cash and make more than the cost of the loan

>> No.51685988

Wow you must be a terrible driver. Do better next time.

>> No.51686052

>>51684940
what the hell is youre problem?

>> No.51686209

>>51684940
Why the fuck did you crash the car into the backs of other cars? If you don't know how to drive, you shouldn't be behind the wheel. You definitely shouldn't be behind the wheel of something that costs more than $1000.

>> No.51686241
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51686241

>>51684940
Yes, buying a car that is slower than a soccer mom EV is fucking hilarious.

>> No.51686287

>>51684940
Did you take out any antifa fags when you did that?

>> No.51686388

>>51684940
Beautiful car. Any chance you might end up in jail though? If not just chill.

>> No.51686482
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51686482

>>51684940
>paid off a 300k house
>Financed a new 370k house

So you still have a fully paid off house? What's the big deal, then? You're already better off than most. The new house is 370k and you have a folio worth 305k minus the attorney fees. You could divest your entire portfolio to be left owing 65k, which is extremely manageable for anyone with a half-decent job. Again, what's the big deal here?

>> No.51686531

>>51684940
>I am more wealthy and successful than a vast majority of the human population
Nigger get off this board, you too rich to be here

>> No.51686567
File: 2.63 MB, 360x249, 5wazyo.gif [View same] [iqdb] [saucenao] [google]
51686567

>>51684940
>$100k for a dodge

>> No.51686661

Dude has two houses but is coping

I literally dropped out of school, quit my job, bought an expensive car and jewelry. Didnt sell the rest of my crypto and now got 50k left, from 950k

>> No.51686685

>>51684940
hi @stinkycubert

>> No.51687022
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51687022

>>51684987
Thank you for your post. It’s always nice to see other people are more retarded and larger fuck ups than I am. It’s good for morale.

>> No.51687077

>>51684940
Did you not have fucking insurance on the car?

>> No.51687131

>>51684940
>challenger
God did you a favor, faggot. Next time get a Corvette like a real man.

>> No.51687256

>>51686661

damn that hurts. 950k to 50k.

>> No.51687297

>>51684940
Are you the HBAR fag that kept bragging all of last year?

>> No.51690533
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51690533

>>51684940

a fool and his money are soon parted

>> No.51690565

>>51684940
You bought that nigger tier car for 100k?
HAHAHAHAHAHAHAHA
You could have bought an air cooled porsche

>> No.51690832

>>51684940
Are you Batman?

>> No.51690899
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51690899

>>51685218
>>51684940
your car looks like the efferiums nigger kek

>> No.51691222

>>51684940
>Bought a 100k car
subhuman junkie behavior

>> No.51691274
File: 377 KB, 1133x883, 1664404960434006.jpg [View same] [iqdb] [saucenao] [google]
51691274

>>51684940
>Is anyone more JUSTed than me?
try an entire country.

>> No.51691298

>OP didn't even mention paying taxes

LMAO when you're dealing with 7+ figs you can't just ignore that shit lad, you realize you owe ~700k or so and that they 100% know that you do?

>> No.51691328

Hellcat drivers justice

>> No.51691345

>>51684940
You have shit taste in cars so I can't feel too bad for you.

>> No.51691412

>>51684940
Your and other people's stories show that cryptofaggots have no clue of markets and trading, which manifests in the fact that they never sell, simply cause they don't know when to.

>> No.51692075

>>51685053
>loves car
>crashes it

Anon, I...

>> No.51692111

Is this the same anon who posted the long receipt in the parking lot with his car?

F