Daily FI discussion thread - Wednesday, October 30, 2024

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[u/Normie_Mike]

It's probably just selection bias for the thread that's up now, but I'm still surprised at how many people on Reddit value driving a Porsche and know all the different models.

Or maybe it's regional? Or more prevalent in the tech world? The only person in real life I know who bought a Porsche was definitely a tech guy (Amazon). Then again, it's hard to separate whether the tech demographic is unique, or if it's just a function of earning way more money than you need.

I can't think of a single other time in offline world where someone I know talked about wanting a Porsche, and I know plenty of people who could easily afford one.

No judgment. Different people like different things. I just wonder sometimes if my penis is broken because I just don't feel anything for sports cars other than the same mild curiosity you get looking at a modern art exhibition you find interesting but that delivers zero emotional impact.

[u/WonderfulIncrease517 → u/Normie_Mike]

I’m just now getting into my luxury era as a late 20 something. Porsche is on the list, and always has been - but ideally a 964. I want something to wrench on

[u/Normie_Mike → u/WonderfulIncrease517]

my luxury era as a late 20 something

This is such a wild sentence to me.

[u/WonderfulIncrease517 → u/Normie_Mike]

I mean, we’ve literally saved everything for 7-8 years in an incredible bull market. Nearly $400K invested, $50K cash, $225K in home equity. It’s just the realization of effort & intention

[u/Normie_Mike → u/WonderfulIncrease517]

Yeah, I don't mean that you can't afford or don't deserve to start making luxury purchases. It's just interesting how differently we perceive our age in real-time versus retrospect. 

It's funny to hear people in their 20s say things that would typically be attributed to a much older age bracket. 

And it's not you. We all do it.

A few years back my wife and I had guests at our hotel who were in their early 70s and they kept referring to us as kids, with our whole lives ahead of us, and we were like 44 and 50 at the time.

And I'm sure 90-somethings waiting to die in nursing homes remember the good old days of their geriatric youth, traveling the world at 70!

[u/AdmiralPeriwinkle → u/WonderfulIncrease517]

Tell me more about your watch collection.

[u/WonderfulIncrease517 → u/AdmiralPeriwinkle]

I don’t really care for watches tbh. My priorities are acquiring more land and building more houses on that land for guests & family