Hi guys/ladies,
This is in regards to my DW trying to remind me (no reminder needed) how much I love Tesla and the new Model Y is an amazing car. She knows and is tired of hearing me talk about Tesla "virtually" every single day. The stock is AMAZING! No dividend but it is "TAKING OFF!" In my opinion, this is the Microsoft stock from the 80s (insert other tech companies, Amazon, Facebook, etc...).
This is not about stocks, but we just refinanced our home and got a check back for just over $2k. She said why don't you (being me) put it down as a down payment for the Tesla Model Y. She knows that I do not buy cars often and have been driving Hyundai for 10+ years. Only reason it was changed is because she got a new car and I got her newer Hyundai.
Yes, I love Tesla and will drive the car for years. Yes, I work in IT and believe Tesla is a data company. They are the Google searches of cars in the future. They are the Xerox of copiers or Qtips (companies that their products' names are synonymous for what they do). EV is "run/powered" by Tesla.
The reason for all this typing is because I might be letting impulses kick-in because I am the much bigger saver and, in my mind, way behind on investing. Currently, have around $60+k in investments and 36 years old. DW has less than half of that.
One thought, is to create a YouTube vlog to try and earn some of the money back because the Model Y is so new and there are so many questions about it. Another thought is, if and when returning to work bc currently WFH, join Uber/Lyft and drive one person home from work to make money towards monthly payments. That is a reminder, I'd be taking a car loan at 3.99% to buy it from Tesla.
My buddy and IT mentor told me, in his opinion, I have to compare the Fit for Use and Fit for Purpose of a car (warranty vs utility). Without going into a ton of detail on this it basically is in reference to ITIL terminology. The idea of how much of the car's purchase price is for purpose of driving to work (AKA to metro) and groceries/house stuff vs recreational activities. I am not Mr Social (love to talk) but do not go to clubs/bars. DW and I might go to the mall/outlet to walk around... right now not much leaving the house!
Feel like I am just typing and blabbering but this was written in the tech section because Tesla is a tech company... sustainable energy company... data company. They are so much more than just a car company.
Hope you made it to here and have some good advice for another techie on the emotional/financial benefits and pitfalls of buying the brand new Tesla Model Y.
This is in regards to my DW trying to remind me (no reminder needed) how much I love Tesla and the new Model Y is an amazing car. She knows and is tired of hearing me talk about Tesla "virtually" every single day. The stock is AMAZING! No dividend but it is "TAKING OFF!" In my opinion, this is the Microsoft stock from the 80s (insert other tech companies, Amazon, Facebook, etc...).
This is not about stocks, but we just refinanced our home and got a check back for just over $2k. She said why don't you (being me) put it down as a down payment for the Tesla Model Y. She knows that I do not buy cars often and have been driving Hyundai for 10+ years. Only reason it was changed is because she got a new car and I got her newer Hyundai.
Yes, I love Tesla and will drive the car for years. Yes, I work in IT and believe Tesla is a data company. They are the Google searches of cars in the future. They are the Xerox of copiers or Qtips (companies that their products' names are synonymous for what they do). EV is "run/powered" by Tesla.
The reason for all this typing is because I might be letting impulses kick-in because I am the much bigger saver and, in my mind, way behind on investing. Currently, have around $60+k in investments and 36 years old. DW has less than half of that.
One thought, is to create a YouTube vlog to try and earn some of the money back because the Model Y is so new and there are so many questions about it. Another thought is, if and when returning to work bc currently WFH, join Uber/Lyft and drive one person home from work to make money towards monthly payments. That is a reminder, I'd be taking a car loan at 3.99% to buy it from Tesla.
My buddy and IT mentor told me, in his opinion, I have to compare the Fit for Use and Fit for Purpose of a car (warranty vs utility). Without going into a ton of detail on this it basically is in reference to ITIL terminology. The idea of how much of the car's purchase price is for purpose of driving to work (AKA to metro) and groceries/house stuff vs recreational activities. I am not Mr Social (love to talk) but do not go to clubs/bars. DW and I might go to the mall/outlet to walk around... right now not much leaving the house!
Feel like I am just typing and blabbering but this was written in the tech section because Tesla is a tech company... sustainable energy company... data company. They are so much more than just a car company.
Hope you made it to here and have some good advice for another techie on the emotional/financial benefits and pitfalls of buying the brand new Tesla Model Y.
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