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svelteParticipantNeighbor bought a 2023 Kia Sportage hybrid 2 weeks ago. Looks good on the outside and the interior is top notch! If you are going to consider a hybrid, I would at least look at it.
I watch the car industry pretty closely (as do several piggs) and the word on the street is that hybrids are not long for this earth.
The reason is that auto companies predict that EV production costs will be less than ICE by 2025. If that is true, then hybrids will be more expensive that ICE or EVs. Reason? Hybrids will have all the parts of an ICE car and EVs too. If an EV can be produced cheaper than ICE, no reason for hybrids.
None of that matters if you lease because you’ll turn it back in in 3 years, but if you buy it will accelerate the depreciation of your hybrid.
svelteParticipant[quote=scaredyclassic]Then, environmentally, it sounds like we are making giant pieces of junk for the landfills pretty soon. Big giant obsolete computers with wheels.
There’s so much energy embedded already in my 2012 Accord, it’d take a lot of e vehicle driving to offset it. Driving an electric vehicle is probably no environmental good, at least in my case.
Maybe the best thing all around is just a cheap sedan. Hyundai Elantra. Lease it.[/quote]
No matter what car you get, I think leasing is the way to go now. Technology is changing so fast that I agree with flu – we’ve probably reached a point where new cars will be obsolete and heading for the crusher in 10 years.
It is one of the dirty little secrets about “green” EVs.
I also harbor a small suspicion that older ICE cars may become more valuable in 10-15 years…because they don’t rely on an overabundance of chips and other electronics that are no longer manufactured. They can march on as long as a gas station can be found.
svelteParticipantWent out with a friend last night and he had just bought a Mach E three days ago. First time I had been in one – I was quite impressed! Nice leather, car was quiet and smooth. Great visibility out.
He got a base model for about $45K and he is extremely happy with it. I sat in the back seat and I can tell you there was plenty of leg room and head room. You can get at least four people 6ft+ in that car comfortably. The fifth person in the center back would be a little less comfy but still not bad.
Sounds like you have about a 100 mile round trip commute…even the base Mach E has 224 range so you can just recharge at night at home no problem. Could get to 312 miles of range if you bought the bigger battery pack.
Anyway, based on that one ride last night the Mach E has bubbled up to the top of our list.
svelteParticipantWe stayed away from stores completely.
Went out to dinner which was lovely – very quiet night at the restaurants!
svelteParticipantYou don’t say how long your commute is round-trip.
With the plethora of choices gas, hybrid, EV, that is an important consideration that needs to be factored into your decision.
November 19, 2022 at 7:46 AM in reply to: Reminder: People never shut up about crypto gains, never mention the losses #826965svelteParticipant[quote=Coronita]
Greed….I think when the dust settles, it’s pretty clear that what crypto has become is basically get rich ponzi scheme. Whatever original altruist attempt at a digital secure currency for some altruist social benefit has long past the moment people started trying to create their own currency and NFT in the quest to get rich quick.
This shit needs to be regulated so the idiots of the world don’t get burned as easily moving forward…
The other part that is really said is if you go to social media like IG and Facebook, etc you have a bunch of unlicensed kiddie trying to push the ill-informed about crypto and trying to get people to buy… In the financial industry, pushing for financial products has to be licensed and regulated to some extent….It’s the wild wild west on IG and Facebook, and frankly, IG and Facebook bears some responsibility for letting this sort of ill-advised finance “advice” persist and spread throughout their platform.
They should be heavily fined too.
You know when the biggest least financially savy people start cheerleading about how easy it is to make a lot of money gambling in something…then it’s time to get out…It’s like the “water-cooler stock market advice by the office receptionist theory”….If the at the office water cooler, everyone’s talking about how easy it is to make money in the stock market, even the least financially savy people…it’s time to get out.
For me, I’m old school and agree with Warren Buffet on crypto. I won’t touch it..Well $100 tops, is what I have on dogecoin and sushiswap, he he.[/quote]
Agree with virtually all of that.
Last year I had a few friends come up to me very excited about how they got into crypto – dogecoin, etherium, bitcoin, etc. I told them it was my opinion they should only put in “play money”, an amount similar to what they would take to Vegas and not get heavily invested in crypto. I’m even more of that opinion now. 🙂
And if the kind of wrecklessness witnessed with the companies who invested in FTX is indeed common far beyond FTX and crypto as has been suggested elsewhere in this thread, then the world is going to feel much more pain going forward.
I agree with Jeff Bezos – he recently said people should keep a hefty reserve of cash right now because things are going to tank hard soon.
svelteParticipant[quote=sdrealtor]My house is clearly the answer. Wine stored for two decades of consumption[/quote]
Bonus points if that is stored in a wine cellar that can double as a fallout shelter!
November 17, 2022 at 4:27 PM in reply to: Reminder: People never shut up about crypto gains, never mention the losses #826960svelteParticipantCould this possibly be true?
The Bahamas ordered Bankman-Fried (and is that name for real? Seriously?) to transfer all FTX assets to The Bahamas when it filed bankruptcy?
This thing gets more bizarre every day!
How in the world did he convince some of the biggest institutions in the world to give him millions of dollars? It boggles my mind.
svelteParticipantRepublicans are in a tough spot. Just as has been pointed out.
He will shred to pieces anyone who challenges him.
But he can’t win. I saw a good quote the other day – there are too many people who will crawl through broken glass just to vote against him.
svelteParticipantthat just might work flu!
It’ll never happen but it would be fun if it did!
svelteParticipantTrump has apparently played his last Trump card.
He announces his 2024 candidacy and not one person on here mentions it.
I think everyone but his core group doesn’t take him seriously any more.
svelteParticipantI noticed a while back that south america gets ignored in most worldwide conversations. Especially in the realm of military conversations.
For that reason, I think the further south you go in South America the better you’ll be.
When I discovered that, it kicked off a mini-fascination with South American and I spent lots of time researching the Beagle Channel and the towns that line it like Ushuaia. Drop yourself in there with Google Street View. Pretty fascinating little corner of the world.
And look at this neat little place:
November 11, 2022 at 3:46 PM in reply to: Reminder: People never shut up about crypto gains, never mention the losses #826937svelteParticipant[quote=carlsbadworker]
2. “Why does anybody think that governments are going to let untraceable money stand?…governments will be left with no choice other than to take action.”Why does anybody think that governments are going to let free speech to be mediated by a few large company like Facebook? Again, if you take a US centric view, maybe there is more to lose than what the government could gain. But Chinese government is already minting cash digitally, in a re-imagination of money that could shake a pillar of American power.
[/quote]Don’t follow your analogy but that’s OK.
News articles are starting to appear showing the US government can indeed trace crypto to a large degree. So it’s not untraceable. I still think it will be regulated somehow but it may take a major crisis of some sort to make that happen.
[quote=carlsbadworker]
That all, said, I have no doubt that crypto is in bubble territorial, but bubble is maybe what we need for every technology revolution. In fact, you look at history, every major technology change comes with a financial bubble. Industry revolution -> South Sea Bubble; Railroad -> Railway Mania; Age of Oil/Automobile -> The roaring 20s; Internet -> Dotcom bubble. It is the bubble that provides the financial capital to lay out the infrastructure to allow the next generation of entrepreneurs to take advantage of it.I do not personally own crypto…other than the free credit from my coinbase account. But I think it is wrong to completely discredit crypto…and there might be good investment opportunities after all the dust has settled.[/quote]
I do agree with you on the bubble aspect. It’s now worth half what it was when you wrote the above.
And we haven’t even reached a point where unemployment is high. I would imagine it will go much lower when that happens.
svelteParticipant[quote=sdrealtor]There’s one problem with this hypothesis. SLO is 10 miles from the coast and is really more coastal then inland in location. . It is basically San Marcos equivalent. It’s the same distance as SDSU to Ocean Beach[/quote]
Which may explain why SLO is not all that conservative judging by the Dem vs Rep registration. There are much more conservative areas of the state.
And coastal = Dem inland = Rep is an overgeneralization but pretty accurate if you subtract out inland big cities which also tend Dem.
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