u/waxoffisforpussies

Assuming both are very close to the same price, which one is the better one to get for long term ownership?

My model y lease ends in 12 months and I’m interested in buying (not leasing) a R1s but a used one from 2022 or 2023.

Ideally I’d love to just buy this car and not worry about buying a car anymore long term so I wanna own this thing for like 15+ years. But to tbh I have no idea how to evaluate an EV for that kind of long term ownership.

Is this even a good idea? Will this car be reliable that far out? What about the batter or tech that far out?

If those are concerns of mine, is buying this car as a long term owner not the best idea? And if that’s the case, is leasing better or should I just get into a different car?

Thanks all.

So my wife and I (40F 38M) reached a house hold net worth of $2.1M recently ($890k is home equity, everything else is brokerage, retirements…etc)

I never thought I’d ever reach this literally ever in my life and it has me fired up to be even more disciplined and go harder with my saving and investment…. Especially after I ran numbers in some calculators and learned about compound interest. Mentally, I like to focus on my own financial goals even though I know we’re married and share the success, it’s a personal goal of mine to be able to become a millionaire completely on my own, just for the sake of achieving a personal goal.

If I continue my trajectory of maxing my 401k, Roth IRA, HSA and continue to add $3500 to my brokerage account every month, according to these compound interest calculators I hypothetically will be a multi millionaire by age 55 and I can potentially retire early.

Also we have $165k in a brokerage for our daughter and soon to be new born and a 529 with $15k in it currently and will start a new 529 for the new kid. We will continue to put $300 in each kids 529 until they’re 18 and $500 per month to the brokerage account until til I stop working at 55. And fwiw we have $240k left on a home valued at $1.13M in Los Angeles, plus some random debts here and there but nothing significant.

In any case, I would like to believe that I’ve been pretty responsible and somewhat successful when it comes to discipline and saving, and I’ve started to think about treating myself to something nice.

I collect guitars, and I’ve been wanting to buy this used guitar for $700 but I’m absolutely struggling to convince myself that I deserve it or I’m not yet at a financial level where I’ve earned it or justifies it. It kind of fucking sucks thinking this way and I’m realizing I might have an unhealthy relationship with my money.

Does anyone struggle like this too? Any tips to over come it? It’s almost as if I’m asking for permission to treat myself to something I want.

Any thoughts here? Would love to hear stories. Thanks all.

I'm in the market for a Reverend and I see these 3 options available to me right now on the market.

FWIW I have 2 telecasters already which I love and also 2 7-string charvels for metal.

I'm attracted to getting a Reverend that is pretty different from these but also not sure what to get. They all look sick. The double agent OG is in a color I like but I dont really like the tune o matic bridge purely because i dont like the way it looks lol. Then theres the Crosscut which has the railhammers which is cool, and I think solves the complaint I have on my telecasters which is noisy ass pickups. Then theres the 290 which I like because the pickups just look cool and I've never had a P90 guitar before.

Any suggestions here appreciated. Thanks!

I’m just learning about these guitars and I found one I like but it’s advertised as a crosscut… which i don’t see on their website, but in their website I see the same looking guitar but it’s called a cleancut.

What is the primary differences in these models besides paint job?

And should I go for one or the other?

Thanks.

They’re going for like 55k used all the way up to 70k but I’d like to try and keep it on the low end. I’m asking because I’ve driven old beaters my whole life and have most recently leased a model y which ends in about a year. I like the idea of a fun family car that’s also an enthusiast car which is why I’m attracted to the Rivian and also potentially the new Bronco.

Both are very different in price but provide the same kind of utility. Also I’m interested in these types of cars because I have a small family, me my wife my 5 year old and soon to be new born and I’d like to be able to go camping and road tripping around California where we live.

I’ve never considered buying such an expensive car before so I’m kinda new to this and don’t know what best practice is and tbh I’m kinda scared to drop $55k cash outright for a car. Never bought anything so expensive in my life.

In terms of what I can afford, I bring home $12,000 net monthly (not including annual bonus or other company cash incentives) and my wife brings in around $9,000 per month net, but I’d be paying for this car myself as she has her own payment on a rav4. I have about $280k sitting in a brokerage account that I have no idea what to do with, so I’m thinking of using that but again I’m scared to take out $55k because of opportunity cost.

Should I go for the Rivian or go for the cheaper Bronco which is around $35k used? Ideally like to own this thing forever if I can.

Would love thoughts, thank you.