ADMs dropping
#586
Its not that easy...for most on here that interest income will be taxed at 37-45% or more (including federal and state where applicable).
The following 2 users liked this post by malba2366:
Freddie Two Bs (03-22-2023),
Nein Eleven (03-20-2023)
#587
That’s a high tax rate that I don’t think anyone actually pays because they have wizards for accountants. Every tool you use to arbitrage will have taxes here and there, but I’m just saying there are ways to get your effective rate down into a more tolerant level.
If it’s not worth your time to click a mouse button here and there, then you’re really not affected by high borrowing costs because you’re so rich.
If it’s not worth your time to click a mouse button here and there, then you’re really not affected by high borrowing costs because you’re so rich.
#588
Maybe not effective rate but definitely marginal rate. There’s limited tax deductions if you’re a W2 earner and don’t want to risk an audit. Loopholes like syndicated easements are getting shut down with some regularity these days.
Last edited by Nein Eleven; 03-20-2023 at 01:35 AM.
The following 2 users liked this post by Nein Eleven:
Freddie Two Bs (03-22-2023),
NEH51 (03-21-2023)
#589
Rennlist Member
Joined: Feb 2009
Posts: 4,410
Likes: 2,923
From: Newport Beach, CA and Melbourne, Australia
In 2009 I had investment bankers on my hockey team begging me to buy their Porsches, I walked into a dealership and got a 911 Cab black edition for 25% off MRSP. The recent ADM and no discount is an anomaly in Porsche history. Not saying those deals that I had are going to happen, but one way I got rich was to be a contrarian. Takes patience and guts. Good luck to you all.
#590
You can also find plenty of dividend stocks over 5% that have never decreased their dividends with a long history.
It's not a guarantee - but artwork is also a damn near lock for 5%+
#591
@GT3 You're just honest with yourself, which most people are not. People want the GT3 for the allure of something amazing. But as many reviewers have said, it rides very harsh. Gordon Murray, even said he was surprised Porsche was able to sell it at its current form. And Gordon is someone who is in tune with building the ultimate experiential car. In fact, I think a lot of people will be happy with the GTS and T.
Gordon Murray believes in everyday drivability on roads. It's also why his cars have actual ground clearance -- it's a touted feature of the T50.
#592
#593
They want to sell the more expensive models first. If they can only make so many, why not focus on the money? I don't see how that's surprising.
#594
But that's only one side of the equation.
Right or wrong, the demand for a GT3 far outstrips that for a C2.
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detansinn (03-21-2023)
#595
Because historically C2 and C2S production would have outweighed the higher trims. Of course yes, in todays market the focus on the money not at all surprising. Just strange to think if I would have told someone 4 years ago that it will be easier to get a GTS, Targa, Turbo S etc. then a C2, they would have thought thats crazy talk. A new world for sure.
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shrimp money (03-20-2023)
#597
Not so sure about that. While the demand for a GT product will always be well higher then GT production, it is still a niche market in the grand scheme. I would think far more potential "everyday" customers out there for a C2 or C2S on the budget side alone (not to mention characteristics) vs. a GT3.
Last edited by meyecul; 03-20-2023 at 04:13 PM.
#598
#599
Not so sure about that. While the demand for a GT product will always be well higher then GT production, it is still a niche market in the grand scheme. I would think far more potential "everyday" customers out there for a C2 or C2S on the budget side alone (not to mention characteristics) vs. a GT3.
Yes, if you include only C2 then, the demand is probably on parity with the GT3.
The following users liked this post:
detansinn (03-21-2023)
#600
At least it came with full PPF, so I got something for overpaying for a CPO.
That said, my own personal ADM as such, was a great decision, because I'm smiling just thinking this beast is sitting in my garage waiting for another run! Yes, I feel like the C2/C4 have enough power to be beasts in my mind. Good times!
Last edited by Shambler; 03-20-2023 at 06:03 PM. Reason: grammar