My face when I realized that this article isn't a warning about dire circumstances but an advice column for investors on how to take advantage of the chaos that is about to unfold to make more money. 😑😡
#freeLuigi
this post was submitted on 17 Jul 2025
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Dislocation always creates opportunity. Most investors wait until defaults spike and headlines confirm the obvious. But by then, the edge is gone. The real opportunity is now, while the market is still pricing in calm.
Jesus Christ.
One of the most liberating experiences of my life was paying off a car loan. I'll never understand those folks that automatically swap out for a new car, especially those that live near their financial edge. I'm perfectly fine driving something used that's reliable. Never again will I take out a large loan for a new vehicle.
I made a point to buy a car I could pay cash for (I keep emergency savings), and yeah I can't imagine willingly having car loans.
My wife and I only buy a new car with cash and a trade in. I see what the value is based on the year and mileage. Go on knowing what I want and what I want to pay. They say no, I walk out and get a call from them later. It's a fucking cash offer they will take a loss just o move inventory and gain a used car they can sell.
Having worked in the car industry (I got out after selling for a year, evil business), they don't care about cash offers. Cash is less good to them, they WANT you to finance, if not through them (most preferred) then through another bank. Cash deals make the seller no extra money, and you've already advertised that you're not willing to 'play the game' about the price. We were told to give people with cash deals less of our time and effort. You buying a car at a fair price is still a win to the dealer's bottom line, and you might catch a salesman who has a quota to meet so he's desperate for any sell, but most I met didn't give two fucks if you walked away from a cash deal
Well my anecdotal evidence has so far been 100% accurate. I've done this 6 times between my wife and I and even before I met my wife. All 6 times they have called back a few hours later and said they will accept my cash offer.
MSRP - trade in value(rounded up) = maximum I will pay. I'm 6 for 6 on this.
Wait is this a joke? Was this a King of the Hill episode?
It will be interesting to keep an eye on this.
Granted, if I had a dime for every article I've read in the past 5 or 6 years spelling out the signs of impending economic doom, I could easily buy a tank of gas for my car.
Having barely survived the aftermath of 2008 myself, it does stress me out to realize that it could happen again and soon and worse. I'd like to think I'm better positioned to handle things now, but as they say in France, shit happens. And it's stressful knowing that other people will have to go through what I went through and worse.
It's also unfortunate that official data makes things sound stable(-ish), but on the ground and admittedly in my own little bubble, people are not so optimistic. Manufacturing plants have shut down, people are getting laid off left and right, budgets are getting cut to bare bones, all while prices on daily things like food and energy have spiked.
Wait until all the Medicaid cuts etc. really hit.
People are utterly fucked, here's how best to profit off it!
It's the American way.
Own a Tesla? Want to get rid of it? Stop paying. Let them repo.
Then a few months later. File personal bankruptcy. It doesn't hurt anywhere near what most think.
Even better, press auto-pilot and let it auto-crash, then cash in insurance.
Meh, I think insurance will investigate and deny.
the auto pilot turns off seconds before a crash
Well shit.