Being financially independent
Jules72 Oh, some of those stocks might take a decade to get back up, but I think even with out a vaccine, if we keep the R-rate down etc. I think it will be quicker than that. I’d never buy stocks for a quick return. Also, have to mention, I know fuck all about anything, these are just my thoughts, nothing more.
C_J Nah, nothing I know, just gut feeling. But they are outselling everyone by a mile and really they are just starting out:
The competition don’t want to sell you electric cars yet and might not want to for a while, so everyone is voting with their feet, add that to their charger network, they’re in a good position. Industry chatter of some manufacturers going bust if such a trend continued.
I proper know fuck all though, please don’t anyone buy anything based off my comments apart from trabbs and obscure 90s breakbeat, I know loads about them.
Decent chart mate.
It’s amazing how slow the Electric car movement is taking off and the government won’t subsidise any EV over £50k which most decent ones are. Definitely a ploy by the big manufacturers, but most people buying a new car want one now they have a 300 mile range. Why bother with a hybrid, all the problems of maintaining a petrol/Diesel engine, but heavier and more expensive. It’s a delay tactic, and studies have shown most people can’t be arsed charging them.
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Amps But they are outselling everyone by a mile
As much I like what Tesla are doing and wish them success, they’re not - that graph you posted does not support your claim. The biggest sellers in the US are SUVs, the biggest selling car in the same period as you posted there was the Ford F-Series which sold 5x as much as the Model 3 with 233,787.
Toyota also had two cars which sold double the Model 3 - the Rav 4 and the Camry (in fact, Toyota had 5 cars which outsold any Tesla model).
The trend seems to have been continuing in 2020 so far as well.
See here:
https://www.goodcarbadcar.net/2020-us-vehicle-sales-figures-by-model/
hugopal All fair points, lies, more lies and statistics etc. They have a pick up truck on the way though, I think that might have an effect on the SUV / pick up / 4×4 market, but who knows. I still think with that world wide charger network they are at least ‘handily placed’ and have room for more growth in the stock market.
I was thinking of possibly getting an electric van when my VW T5 becomes to expensive to run. VW want nearly 50 grand for the same size van and the range is only 85 miles.
Need to worry about which index you track. Active funds also generally outperform passive. And some aren’t much more expensive than passive nowadays.
Overpaying your mortgage, even by a bit every month will knock months and sometimes years off it.
Definitely take the pension tax breaks while they are still there. Some debate about the longevity of this benefit. Especially for the 40% higher rate part.
-si- Would be s&p 500 mate. Are there any actives that charge at the same rates as say the s&p index trackers in a Vanguard ISA? I will max out pension while I can but don’t want to put AVCs in, would rather spread these to the annual ISA allowance and any additional investment account I can get. Would love to shave off some decent rime from mortgage term though. That would be game changing.