Re:Ask HN: What do you believe that most people don't?
by charlesdm on Thursday May 24, 2018 @06:08AM
(#17142594)
Yup, exactly my line of thinking!
As an example: I had the opportunity to take over a very nice corporate car of a friend at a ridiculously low price (for a variety of reasons). Basically I managed to purchase at half the actual value of the car -- it was a few years old but looked almost new and had super low miles. It was in perfect condition.
I could've bought and sold it on the spot for close to double the price I paid. But I'll drive it for a few years and likely be able to sell it for close to the same price I originally paid for it. Others go buy a new car, take a massive depreciation hit, and in the end spend tens of thousands more.
The expensive tickets are worth focusing on. Then go drink all the coffee you want.
As an example: I had the opportunity to take over a very nice corporate car of a friend at a ridiculously low price (for a variety of reasons). Basically I managed to purchase at half the actual value of the car -- it was a few years old but looked almost new and had super low miles. It was in perfect condition.
I could've bought and sold it on the spot for close to double the price I paid. But I'll drive it for a few years and likely be able to sell it for close to the same price I originally paid for it. Others go buy a new car, take a massive depreciation hit, and in the end spend tens of thousands more.
The expensive tickets are worth focusing on. Then go drink all the coffee you want.