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Safe to say it's warranted. He won't say how much he paid for it so it must've cost him his anus....:laughing:
MSRP was $53,535.
Bought it from an older lady that bought it new in January and commuted to work with it. 5,500 miles.

I paid $41,500 for it.

There are some good deals on new ones out there but this one was still a decent amount cheaper. Wranglers have held their values well over the years. I'll let you know how this one does. I don't expect it to cost more than a couple hundred a month overall.

I like to tell myself that Elon Musk bought this for me. I started trading TSLA stock options (PUTS) on May 15th and within a week I cashed out with more than enough profit to buy this. :flipoff2:

Today I bought ROKU puts for the short term. Probably going to lose my ass there but I'm ok with that.
 

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MSRP was $53,535.
Bought it from an older lady that bought it new in January and commuted to work with it. 5,500 miles.

I paid $41,500 for it.

There are some good deals on new ones out there but this one was still a decent amount cheaper. Wranglers have held their values well over the years. I'll let you know how this one does. I don't expect it to cost more than a couple hundred a month overall.

I like to tell myself that Elon Musk bought this for me. I started trading TSLA stock options (PUTS) on May 15th and within a week I cashed out with more than enough profit to buy this. :flipoff2:

Today I bought ROKU puts for the short term. Probably going to lose my ass there but I'm ok with that.
You profited 42k and cashed out? Or made several hundred dollars and can cover a few payments on a fiat?
 

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Yes
An initial $2,000 investment multiplied a bunch of times over a couple of days.
I have no loan on this jeep.

At the end of this week or next I might be broke again. I'm ok with that. My only debt is my mortgage and that's an easy payment.
Then I'd tell the OP of this thread to stfu :smokin:
 

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Yes
An initial $2,000 investment multiplied a bunch of times over a couple of days.
I have no loan on this jeep.

At the end of this week or next I might be broke again. I'm ok with that. My only debt is my mortgage and that's an easy payment.
Wow- that is one hell of a horrible strategy. If I made $42,000 in a few weeks, I sure as hell would not dump it all on a car.

Hell pull $10k for a down payment and let the other 32K keep making you $$$, pull as needed to make payments...

I thought everyone knew it takes money to make money- you just broke rule #1

---if you turned 2k into a 40k profit 20x in a few weeks, don't you think waiting two more weeks and turning 42K into $840,000 would have been a better move---
 

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Wow- that is one hell of a horrible strategy. If I made $42,000 in a few weeks, I sure as hell would not dump it all on a car.

Hell pull $10k for a down payment and let the other 32K keep making you $$$, pull as needed to make payments...

I thought everyone knew it takes money to make money- you just broke rule #1

---if you turned 2k into a 40k profit 20x in a few weeks, don't you think waiting two more weeks and turning 42K into $840,000 would have been a better move---
Have you not looked at the title of this thread....
 

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---if you turned 2k into a 40k profit 20x in a few weeks, don't you think waiting two more weeks and turning 42K into $840,000 would have been a better move---
The 840k is not guaranteed. He's pulling out now because he's ahead. It's like leaving the casino after you've won. Sure you "could" do better but you also risk losing it all. Sure buying a car with it probably isn't the best financial decision but it's his money.
 

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That $2,000 on Wednesday was $109,000 at one point on Monday then fell hard. I cashed out at $55,000 that Monday. I've been trading a little since and it's been up some and down some.

I've been in this situation before and letting it ride isn't always the answer. My greedy brain would have turned that $840,000 into nothing. Gotta pull some once in awhile.

The wife left me with $8,000 to play with and I think that's down to like $5,500 now.

I have 33 ROKU $94 puts bought today expiring tomorrow. We'll see how that turns out. Probably wont be good. I think it's about $5,000 that could be nothing or maybe $20,000 tomorrow.

Stock options. Learn them.
 

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The 840k is not guaranteed. He's pulling out now because he's ahead. It's like leaving the casino after you've won. Sure you "could" do better but you also risk losing it all. Sure buying a car with it probably isn't the best financial decision but it's his money.
I know, I was just playing devils advocate.

Hence why I play the long term- put what the company matches in my 401k, and take x amount from ever pay check and put it in savings, and y amount in my other credit union account that I dont touch.
 

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Sounds like the guys I used hear talking about the Royal or 4 Aces with kicker that they hit the night before. Never did hear about the nights where they lost $400.
 
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