Why is Jow Forums so bad at making financial life choices?

>he bought a car
>doesn't know automated cars are going to eliminate the 2nd hand car market completely within 5-10 years and render his vehicle literally worth as much as scrap metal after prohibitively high insurance rates make manual driving an extravagant luxury reserved for wealthy tech hipsters and Jerry Seinfeld tier car fags
>he bought a house
>doesn't realize Chink 3D house printing is 5 years away and will crash entire housing market as millennials opt for $15k brand new 3D printed homes printed in 1 day over used boomer $400k wood box that disintegrates during a thunderstorm

Tell me Jow Forums, why do you make such poor financial choices?

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youtube.com/watch?v=X4OPFl2Kxhs
youtube.com/watch?v=5Rfe4BFiVNA
en.wikipedia.org/wiki/Straw_man
en.wikipedia.org/wiki/Ad_hominem
newsweek.com/clifford-stoll-why-web-wont-be-nirvana-185306
hackaday.com/2018/06/18/fatalities-vs-false-positives-the-lessons-from-the-tesla-and-uber-crashes/
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>trusting automated cars and Chinese houses

youtube.com/watch?v=k74rb7xl3aY

Why not?

>doesn't realize Chink 3D house printing is 5 years away and will crash entire housing market as millennials opt for $15k brand new 3D printed homes printed in 1 day over used boomer $400k wood box that disintegrates during a thunderstorm

I somewhat agree, but I think only the low end housing market will be affected, although you can already buy and insulate a Home Depot cuckshed for ~5K (200 sqft), about the size of a college dorm.

In most urban areas the value of a home comes from the land it’s sitting on and not the building. And do you really think manual cars are going extinct within 5-10 years? Given that nearly everyone in the US has a car how are you going to convince people virtually over night to give up a vehicle they paid tens of thousands for? It’s going to be a gradual transition probably over multiple decades

>but I think only the low end housing market will be affected

youtube.com/watch?v=4rvKP_yfcGM

Maybe at first, the technology is relatively primitive/new and they are already building ridiculous shit that any normie would live in.

No convincing needed; people will merely buy self driving cars instead of non automated. This implies people will stop purchasing non automated because why would you? Something is only wrth what people pay, when demand drives up for a couple year old cars that can’t automate, no buyers, worthless. Tesla has an option right now that future proofs your car to upgrade into full automation.

>And do you really think manual cars are going extinct within 5-10 years?

I do, and the leaders of ride sharing companies agree with me.

>Tesla has an option right now that future proofs your car to upgrade into full automation.

A feature like this alone will decimate entire auto market once at critical mass.

I haven’t seen any discussion about backwards compatability; whoever starts making ‘automation kits’ for “legacy” cars will print money. $5k to convert any car over? Huge oppo.

CHINA HUSTLE

Lots of people doing this. Geohot for starters making a DIY one. They will never be legally allowed on the road, absolutely no way.

Also, 3D printed mansion for $150k, brand new. Kek. RIP housing market.

youtube.com/watch?v=d8JmuMbAcCE

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>doesn't realize Chink 3D house printing is 5 years away and will crash entire housing market as millennials opt for $15k brand new 3D printed homes printed in 1 day over used boomer $400k wood box that disintegrates during a thunderstorm
I've been thinking about this for a long time. But land is part of the price of real estate tho, however if we get floating houses in the sky then that would really crash the estate market to the ground.

>$400k wood box
yikes i'm sorry for anyone living in america

>But land is part of the price of real estate tho

Land will be absolutely worthless when you can move a 3D printer to any remote parcel of land and build an entire self sustained house in 1 day and have your necessities droned in/shipped to you depending on how remote you live. Almost zero reason for land to have any value once this is available.

>NEET implying everyone is like him and doesn't want to be around people
>also implying everyone will be able to buy land in the middle of nowhere for dirt cheap

and what good financial choices have you made

What about living close to job/college/family?
But for the most part I agree.
At first people that buy those cheap houses will be seen as trashy, but as more people see it as an affordable way of buying your own home, it will reach a critical mass and real estate market could crash.

>>NEET implying everyone is like him and doesn't want to be around people

People are already doing exactly this via the tiny home movement, imagine once 3D printing makes this even more comfortable/economical. Nice cope.

>What about living close to job/college/family?

Friends/family can come with you or you can live close by, not a big problem to figure out really. More and more jobs are remote anyway, won't even factor into the equation.

Holy fuck, how do I long 3D printed housing? This shit is going to be bigger than self-driving cars.

Sorry to break it to you, but automated cars are probably 30-40 years off mainstream adoption.

Most of that time will be to change the public perception that these things are actually safe (because they aren't and it remains to be seen if they could be made safe)

Buying ETH @ $10, XRP @ .05, among many others.

>t. guy who sunk his life savings into a M series and is sweating bullets right now

Cope.

Agree completely.

yeah those are good.. so why are you worried about cuck-sheds and self driving cars, when you have shitcoin profit bags

A new standard for roads would need to be created. Iso 80001 or something for the detection systems of automated cars.
As soon as government saw that the savings of automated cars far outweighed the cost of implementing the new road standards we would see a rapid adoption.

>worried

Why would I be worried? I'm excited, the future is amazing. I am just curious why Jow Forums is buying vehicles and houses that are guaranteed to be worthless in a decade.

I should also mention that if cars become fully automated, why wouldn't car pooling services become the norm whereby you rent access for your family to use a car service to deliver you, kind of like a taxi service without pajeets. Thus instead of cars spending 90% of the time parked somewhere they instead spend the day driving strangers to and fro and spend very little time inactive.

This would be a marvel actually, the reduced traffic on roads, land that was previously used for parking is opened up to bike lanes and walking paths and shops etc.

But like I said, this is likely at least 40 years away, probably more like 50 years or so, even being generous.

I have no idea what an M series is, champ. Electric car or something?

>I should also mention that if cars become fully automated, why wouldn't car pooling services become the norm whereby you rent access for your family to use a car service to deliver you, kind of like a taxi service without pajeets.

They will, this is why Lyft and Uber exist, it is their end goal. Lyft execs predict this will be in less than 10 years.

Expensive BMW normie vehicle.

i have both.. i need the vehicle to go to X. I need a house to live in.

If i could help it, i would live in a rural area with good internet, but obtained the house even before shitcoins was a thing, so just gotta use it, for all its worth.

Also in some cases, buying a house is better than renting because of the equity, or you can get tenants.

>Also in some cases, buying a house is better than renting because of the equity, or you can get tenants.

Assuming the house retains its value, which it's becoming increasingly obvious it likely will not.

Ironically renting and leasing vehicles is the smartest move to make for anyone car shopping/home shopping who doesn't manage to sell before the inevitable market collapse.

>2014
>Ugly as fuck and will need siding, drywall, and interior design
>Wholly made out of plastic

Lyft execs can suck my fucking balls. They'll say any sort of fucking nonsense to raise their stock price.

This is a fundamental change in society and will span multiple decades.

>plastic

10/10 cope.

They aren't making these claims in press releases, they are saying them internally and in some interviews. I'm sure you're much smarter than tech billionaires disrupting an entire industry though.

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i just bought the house because i needed a place to live in, and in my case, the value has appreciated because i dont live in niggertown..

It was worth every penny.. I have somewhere to put my mining rigs and dont have to pay a jew landlord.

You know that self driving cars rely on proper road signage, marks, etc.
Even in developed countries delimitation lines are only properly maintained on main roads, highways, etc, neighbourhood in the suburbs rarely have correct market, most like are fading or completely faded, let alone outside population hubs, even with proper marking and signage self driving cars are extremely limited and regulation is non existent, they’re ilegal in most countries.
Anyone suggesting self driving cars will be a reality for middle upper class within the next decade is an ignorant undeducated kid.
20 years maybe, 15-20 years maybe, probably more.

And 3D printed houses lmao how exactly do you think houses are build.
What’s electricity, what’s water supply and drainage, putting slaves of concrete is not the hard or expensive part kid, a lot of houses now are build this way, cheap and unwanted, usually the market for that kind of house is terrible, most people prefer bricks or partly bricks, double walls etc. You can build a house cheaply right now, all u gotta do is put up a bunch of concrete walls with a crane, the expensive part is paying an electrician to set up electric supply, a plumber to set up water supply and drainage,gas supply, a carpenter to do frames and decoration, cabinet installation etc.

I'm sure you're much smarter than tech billionaires spewing buzzwords to normie investors, right user? Right?

The fundamental problems are existing infrastructure, government, law and social acceptance. All of these things are very slow moving.

>You know that self driving cars rely on proper road signage, marks, etc.
>And 3D printed houses lmao how exactly do you think houses are build.

Any person with a modicum of foresight could understand why these arguments are completely irrelevant. Technology is brand new, this is just the beginning. These are non-issues entirely. Boomer tier.

What matters is the land, not the house. Do you think houses in prestigious land will lose value because of some meme printed house industry? Do you think millennials will have enough savings to buy land where they can build the house?

>right user? Right?

Right. Actually I'm equally smart, which is why I am able to foresee this inevitability and was predicting it before I even heard about it.

>existing infrastructure, government, law and social acceptance. All of these things are very slow moving.

Agree, this is temporary though and when large amounts of money and competing against foreign countries is in the mix, this red tape will be eliminated or expedited.

Wrong, see

and how would a self driving car save me money instead of driving a $1000 shitbox that i just replace once it falls apart.. Until self driving cars become a thing, its a non issue

The insurance on that $1000 shit box will be so expensive it won't make sense to drive it, for starters. You will be categorized as an analog driver and your liability/human error will be factored into the cost of driving alongside vehicles that are automated, mostly incapable of error and expensive to repair if damaged.

Because I need transportation and a roof over my head.

Let me guess...

>He catches the bus
>He lives with his parents

Tell me OP, why are you such a faggot?

>>He catches the bus
>>He lives with his parents

Lol, guess again I'd be bitter if I fell for the scam too.

Oh wow, have fun living in the middle of now fucking where and driving 1 hour to the next supermarket. Also, I'm pretty sure the government will find a way to out jew you in the form a new tax.
My point still stands, a mansion in the French Riviera with ocean view will never drop in price because of some meme house industry.

you pay the same fees with shitbox just as anyone else if youre over a certain age. And your shitbox is road worthy.

Also, theres no laws that penalizes human drivers vs automated drivers afaik.. This is thinking too far ahead.. Not worth worrying about for the average person living day to day

>Not worth worrying about for the average person living day to day

Correct, this is not a wagie thread. Move along.

>driving 1 hour to the next supermarket

Boomer confirmed. No millennial I know doesn't have their groceries delivered either by Amazon or Instacart.

>he thinks im a wagie
So i assume you catch the bus like a plebcuck while waiting for your self driving cars? LMAO

Literally unintelligible. Was this supposed to be a sentence?

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>he rags on my grammar while avoiding the issue

Do you get this irate while waiting for the Bus too?

>imagine being so poor and blue collar you think arguments are won by ad hominem and attempting to exhaust your opponent through sheer stupidity and straw mans

Kek, what a world.

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I've been riding a 50cc scooter for more then 15 years now. Saved me tens of thousands allready and enables me to live like a king.

Keep buying and maintaining those (((cars))) faggots, (((we))) must keep you running that rat race.youtube.com/watch?v=X4OPFl2Kxhs

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I'm 23 and most people who order groceries online are actually boomers who can't drive anymore. I bet the millennials you know are social losers who panic if someone asks them what's the time

>he avoids the arguement entirely

Hey theres nothing wrong if you live with your parents and take public transport. No shame in that

But some people cant be bothered waiting for the bus. Matter of prefference

>I bet the millennials you know are social losers who panic if someone asks them what's the time

Nope, they are busy young professionals who value their time and don't grocery shop so they can use that time to participate in more rewarding activities.

This is a good idea, economically speaking.

We only need cheap small house in the middle of nowhere but with good internet connection
We don't need a car because we don't need to go outside

You won't even need a car to commute, if you choose to.

youtube.com/watch?v=5Rfe4BFiVNA

>drag and drop drone taxi heliport design module into 3d house design, press print
>tax lands on roof, leave house

Shitty excuse. Shopping for groceries take 30 mins max if you know what you must buy, especially with self-checkout machines. Also, buying good vegetables and fruits in person is better anyway

en.wikipedia.org/wiki/Straw_man

God speed, you glorious retard.

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reddit, you must go back

Been here since drop shipping and eBay faggot.

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Kek the irony
en.wikipedia.org/wiki/Ad_hominem

Keep dodging my points like a pugilist just like you did with If you can't argue for shit then don't make a thread

self driving cars are as much of a meme as flying ones were 50 years ago

sage

>hey man don’t dodge arguments
>reads posts, hasn’t even made one argument

lmao scumbagsteve.jpg

>t. newsweek.com/clifford-stoll-why-web-wont-be-nirvana-185306

I think you should go check the definition of an argument then

>We were wrong about crypto
>But we were right not to work and buy houses or cars
Kek I do hope this becomes a regular thread. Tell me more millenials. Were hs kids right to protest guns?

>>We were wrong about crypto

How were we wrong? I've been in crypto for years, made my money. Seems right to me..? Kek.

>doesn't mention that gold is a stupid investment because of asteroid mining
Dropped.

Fucking lol. You have no idea how far away this tech actually is. But I bet you jerk yourself off everytime you hear the muskrat speak.

>he fell for the tesla meme

>hating on Elon

There is no bitterness on planet Earth that compares to the video playing 30 something millennial male who has watched an equally nerdy Chad dominate and disrupt an entire industry. None. God bless you though, keeping the comic book merch industry alive and well.

>Elon
>Chad
Orbit.
My sides.

Automated cars, and more importantly automated trucking, will take over the industry. Imagine if Uber was 80% cheaper than it is now. Would you pay $25 for a ride to the airport with a human driver vs. $5 for an automated ride that is arguable safer statistically? Of course you wouldn't. The vast majority of car companies rely on mass manufacturing. If their total sales dropped more than say 20%, their business model is no longer sustainable. Insurance rates will skyrocket once it becomes proven that automated cars are vastly safer. Armies of cars circling major metropolitan areas 24/7 that are programmed to automatically send cars to the appropriate areas for high demand times could replace 90% of the cars, easily. In fact, the average car is only on the road 2% of it's lifetime. The trucking industry will be decimated as drivers get let go, and that is the biggest job in about 40 states. Our economy will change drastically, and manual driving will become a luxury. Drivers licenses will become more and more difficult to get, the qualifications will increase, the tests more stringent, the registration fees will increase, the insurance will skyrocket, and it will become easier to have your license revoked. It might not be in 5 to 10 years, but in 20 or 30 it will be reality.

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>implying Elon will allow your disgusting sides onto his affordable interstellar flight shuttle

Good one, loser.

100% agree, stoked for the future. I think it will likely happen even faster than anyone is predicting, much like many recent disruptive technologies have.

Based as fuck. Great posts.

bump

Like crypto replacing usd

> Given that nearly everyone in the US has a car how are you going to convince people virtually over night to give up a vehicle they paid tens of thousands for?
lolz, poorfags have 0 say in the market. pretty much all the whales are going to be dumping their useless cars and lobbying for a ban of manual cars to increase road safety.

I am too scared to make any major financial life choices as I feel I have bad luck with doing anything risky like that. All I have been doing is living off of my mutual funds and I wish I knew when is the right time to by coins or stock or whatever. I wish I had the know how and the eye for this shit.

>t. late to the party and upset no one saved any cake for him

Must suck.

Spot on.

Don't try to time it desu, just do it gradually over time to average out your cost and mitigate some of the risk.

Ah yeah right, i am surely able to build a 3D printed house in the middle of the city.
Never heared such a retarded shit.

>>automated cars
>he thinks "self-driving cars are ready"
hackaday.com/2018/06/18/fatalities-vs-false-positives-the-lessons-from-the-tesla-and-uber-crashes/

that has nothing to do with automation and chinese botnets.

>middle of the city.
>retarded shit

Pajeet has a one track mind.

>he thinks "self-driving cars are ready"

Literally said no where in any of my posts. Kek. Adorable to watch boomers try to argue.

>that has nothing to do with automation and chinese botnets.

What the fuck are you talking about?

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>>doesn't know automated cars
automated cars literally killed their driver recently. Not happening for a while.
>doesn't realize Chink 3D house printing is 5
most house prices have been inflated by chinese buying as investments. they have no desire to have cheap housing.

Dude, you know your house is $20k worth of materials and labour and the rest land price, right?

>1 automated car death
>meanwhile "Nearly 1.3 million people die in road crashes each year, on average 3,287 deaths a day. An additional 20-50 million are injured or disabled."

Laughing so hard my asshole might prolapse. Brilliant.

>they have no desire to have cheap housing.

Most of their country is low income and could be brought into civilization + given modern quality of life and contribute to economy, strengthening their economy even more. Try again.

>Dude, like, my dad was telling me bro *rips bong* that like, what were we talking about again?

Ok.

>be me
>18 years old
>"why get a driving license, automated cars are right around the corner"
that was in 2006
i finally caved in 4 years ago
technological progress never happens as soon as a media machine invested into hyping it up for you makes it sound
also
>implying housing price is based on materials/labor and not land
you can buy actual fullsize houses in the countryside for less than 100k in just about every country that isn't pocket-sized. a burgerland 400k woodbox will probably be worth at least 500k 10 years from now (and the only reason it won't be worth 1m is because we're overdue for a crash)

I'm talking about trust, you fucking retard. who would trust a "self-driving" car that can kill its driver or some random person in the streets?
who would trust a remotely controlled automated house that can be hacked and even destroyed by the hackers?
these things are obvious. these technologies are not safe. buying this shit is the same as paying to become a beta tester.

also, this you are the laughable retard here... arguing about stuff you obviously don't know shit about.

>>"why get a driving license, automated cars are right around the corner"
>that was in 2006

This is absolutely the most retarded thing in this thread, by a long shot. No one in their right mind would think automated driving was anywhere near close to adoption in 2006, no one. Ride sharing didn't even exist, which is what is facilitating the adoption of this technology. Absolutely brain dead retarded thought process desu.

>babbling about botnets
>I'm talking about trust, you fucking retard. who would trust a "self-driving" car that can kill its driver or some random person in the streets?

What Facebook group led you here..? Someone needs to be held accountable.

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> doesn't realize electrical & plumbing costs more than $15k
> thinks horse prices went down with invention of the car

So does Jow Forums use coinbase? Why is it asking for so much of my personal info? The website says it is verified by Digicert Inc and the founder of digi cert is Ken (((Bretschneider))). Is this even a sound decision? A lot of this sounds sketchy to me.

It’s okay. I hodl iota, I’ll be just fine lol

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>t. electrician whose blue collar is drenched in sweat at realizing the implications of this

Don't worry, you'll still have work.

>What Facebook group led you here..?
m8, I work in infosec
you, your gifs and your shitty bait thread are pathetic.

>infosec

Ah ok, so STEM meme victim, house owner, car owner and controlled by parasitic wife or in process of shopping for one currently. I'd be in denial too, desu.

>37 posts
>My logic is flawless and before self reflecting my idiotic existence, i will call everyone a pajeet.

The classic Jow Forums style of thinking.

You can build your 15k (+ the cost to upgrade that shitty house, which has nothing else than a wall, not even insulated) printed houses out in fucking nowhere, and afterwards you can fly with your automated cars into the city. I am waiting for it.

What are you invested in now mate?