Mathew Knowles on Meek Mill Talking Down on Leasing Cars

Art Barr

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Again, you’re wrong. I leased a car in 06. Went back 3 years later to buy it. Paid it off 6 years ago. Still drive it today. Near 300,000 miles. What exactly wasnt smart about it?

In year three I could have went to the dealer auction and got the car you leased brand new with no issues and a warranty guaranteed.
for half to a third of the cost of the sticker to after the sticker.

So the remaining eighty percent you now are trying to pay off to loan a lease in general.
You just lost in the whole lease keepin up with the Jones thing that leasing is about.



The whole I need to lease a new car is from tyc00n white guys in business shedding money and losing portraying a character that is winning.
Then trying to make it like they are checking more revenue and profit than everyone else. So they use the new car as the I just made a newer more recent deal that is better than yours. Get on my level.

Which is complete send off.

Only time you need the most current car and the biggest house. Is to sweet talk investors who think you should look like you have it.
before they give it to you.
Yet, are only asking you to invest because they not at a point to invest in whatever it is confidently.
Plus not take a loss to their own assets and would rather use a patsy's bread.

It is all a con.
Why you need a big fast car.

Star wars was ruined, there is no corvette summer. The ol school gm successful car worker big luxury retirement car swag days is over.
So why I need a big ass car.

None of these white people are jack Johnson.
So either white people emulating jack Johnson, a moonshiner or some nazi in a German made vehicle.

shyt is all status past the idea of transportation.
shyt is all status, past the idea of shelter.
Status is fake and has no bearing on anything past narcissism.

Art Barr
 
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Donald J Trump

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This is a debate about which is smarter for a RICH person

Buying 500k lambo straigh Cash

Or leasing

The educated and experienced say lease, so I have more money to invest with

The rest say investing is gambling and buy it all in cash and that all your stocks can become worthless overnight
 

Art Barr

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Now investing is gambling.
Gotcha:russ:


It could become worthless, just like the earth could be nuked to oblivion:mjlol:what are the chances of that happening dip shyt.

I rarely if ever have seen a stock go to 0.00:francis: I follow the markets and interact with traders every day.


You used the “ you could lose all your money in stocks” line

You don’t know what your talking about kid:yeshrug: No one that uses that line does.

fukk you mean....
The entire realm of life we live in now, is a rehab building agenda.
to recover from the last time the stock market went to zero.


You just wanna believe what you want to selectively.
from the facts you want to acknowledge.
Yet and still,...the fact remain and you can not dispute a fact.

Stocks and bitcoin are gambling breh.


Art Barr
 

Donald J Trump

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fukk you mean....
The entire realm of life we live in now, is a rehab building agenda to recover from the last time the stock market went to zero.


You just wanna believe what you want to selectively.
from the facts you want to acknowledge.
Yet and still,...the fact remain and you can not dispute a fact.

Stocks and bitcoin are gambling breh.


Art Barr
THe stock market didn’t go to zero , you do realize that right:ohhh:
Smart folks bought when the stock market went down, you realize that right:ohhh:

What if I told you that the actual experienced stock investors would be thrilled to see stocks return to 08 levels, so we could buy low and sell high

Stocks and bitcoin have risk, they are not the same as gambling.

Please look up the definition of gambling and investing.

For you to be kickin knowledge on here all the time I’m disappointed with u fam.
 

Donald J Trump

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The next time you hear someone say that stock investing is the same as playing in a casino, remind them that in fact there are some similarities and some major differences. Both activities involve risk of capital with hopes of future profit. Gambling is typically a short-lived activity, while stock investing can last a lifetime. Some companies actually pay you money in the form of dividends to go along with an ownership stake. In general, most average investors will do better investing in stocks over a lifetime than trying to win the World Series of Poker.

Read more: Going All-In: Comparing Investing And Gambling Going All-In: Comparing Investing And Gambling
Follow us: Investopedia on Facebook
 

Donald J Trump

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The Five Biggest Stock Market Myths

Look at this^^^^

1. Investing in Stocks Is Just Like Gambling.
This reasoning causes many people to shy away from the stock market.

2. The Stock Market Is an Exclusive Club For Brokers and Rich People.

@Master Teacher and art In here repeating the most repeated myths as fact in here , yet I’m stupid, the guy that actually practices and studied this stuff.




Plus anyone who calls Beyoncé’s dad an idiot because he declared bankruptcy shows they have a worker bees mind. When you a boss, you take losses. Yet bankruptcy does not mean you are truly broke.
 

Donald J Trump

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I’ve had a bad taste in my mouth for leases ever since I found out you have mileage requirements

Imagine me calculating my daily limits and having to pay extra when I turn it back in.
Ain’t gone lie that does suck.

I’d have a cheap whip I own, and a lease for a newer brand model to get around that :yeshrug:
 
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The Five Biggest Stock Market Myths

Look at this^^^^

1. Investing in Stocks Is Just Like Gambling.
This reasoning causes many people to shy away from the stock market.

2. The Stock Market Is an Exclusive Club For Brokers and Rich People.

@Master Teacher and art In here repeating the most repeated myths as fact in here , yet I’m stupid, the guy that actually practices and studied this stuff.




Plus anyone who calls Beyoncé’s dad an idiot because he declared bankruptcy shows they have a worker bees mind. When you a boss, you take losses. Yet bankruptcy does not mean you are truly broke.

Beyonce dad is an idiot, just because he was good a managing R&B groups doesn't mean he is smart or knows how to handle money

Beyonce fired him for a reason, fukk outta here he's not Beyonce, doesn't have her money or success stop it
 

Kings County

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Leasing makes no financial sense because you spend money and after the lease you have no asset to show for the money spent. Sure cars depreciate, but its better to have a depreciated car than no asset at all and the same lost money.

SMH
if u have a middle class income leasing is the way to go about to lease a car this week
 

Donald J Trump

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Beyonce dad is an idiot, just because he was good a managing R&B groups doesn't mean he is smart or knows how to handle money

Beyonce fired him for a reason, fukk outta here he's not Beyonce, doesn't have her money or success stop it
You still don’t get it:russ:
Buzz along worker bee:sas2:
 

Ronnie Lott

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A car isn't an asset breh.

Assets put money INTO your pockets. Liabilities do the opposite. Unless you're an Uber driver, that car isn't earning you any money, and even then it ain't much or you may end up losing out when you add in the costs.

Unless you have an old school or classic car :manny:
 

winb83

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if u have a middle class income leasing is the way to go about to lease a car this week
If you have a middle class income you should avoid long term monthly payments as much as possible. Chances are you're already paying either a mortgage or rent monthly. Not paying monthly payments for a car is the way to go because on a middle class income that's a large chunk of money.

For most people leasing begins with the acceptance of doing something dumb. It's like saying I'm going to shoot myself so since I'm going to do that anyway I should be smart and shoot myself somewhere non-fatal like in the hand so I don't die. To that i say why shoot yourself at all? Minimizing the stupidity of a dumb choice isn't smart. Subscribing to a mentality where you accept a lifestyle of monthly payments isn't smart. Your income is too important for you to give chunks of it away to other people for bullshyt you can't afford.

Picture a life where you go to work and get paid and you don't have a mortgage / rent or a car payment. You could live drastically better without these monthly payments. Somebody making $40,000 a year after taxes could live well with zero monthly payments. Even paying utilities / cable and for food shyt probably wouldn't even add up to $500 a month. That's $1500 a month and nothing to do with it.
 

Kings County

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If you have a middle class income you should avoid long term monthly payments as much as possible. Chances are you're already paying either a mortgage or rent monthly. Not paying monthly payments for a car is the way to go because on a middle class income that's a large chunk of money.

For most people leasing begins with the acceptance of doing something dumb. It's like saying I'm going to shoot myself so since I'm going to do that anyway I should be smart and shoot myself somewhere non-fatal like in the hand so I don't die. To that i say why shoot yourself at all? Minimizing the stupidity of a dumb choice isn't smart. Subscribing to a mentality where you accept a lifestyle of monthly payments isn't smart. Your income is too important for you to give chunks of it away to other people for bullshyt you can't afford.

Picture a life where you go to work and get paid and you don't have a mortgage / rent or a car payment. You could live drastically better without these monthly payments. Somebody making $40,000 a year after taxes could live well with zero monthly payments. Even paying utilities / cable and for food shyt probably wouldn't even add up to $500 a month. That's $1500 a month and nothing to do with it.
all depends on your income and how often u want to buy a car
 

Kobes Two Jerseys

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You paid more for the car than you had to. How is that smart? The cheapest way to buy a car is cash. Paying the least possible for a purchase is smart. Paying anyone interest for anything isn’t really smart it’s something people deal with when they have to or don’t know better.
Who has more than $20,000 cash? I dont have an inheritance. I didnt get an allowance. Factor in paying rent and bills, where exactly is this cash going to come from? You make do with what you have. Considering I have had the car for over 10 years and near 300,000 miles, how did I lose out?
 
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