Well, I guess I’m not counting my first car in my teens which was a cheap Toyota sedan that my parents gave me to drive around.
My first car I actually owned wasn’t a Porsche. It was a Nissan 300zx, a great entry level sports car for young folks like I was at the time. It cost well under $30k, maybe even low 20’s. 0-60 in 5.1 secs, which was considered quick back then. 😂
Things were very different back in 1994. My first job out of college at a commodities firm only paid me $50k/yr but rent on a nice San Diego 1br was only $800, cars were cheap, food was cheap. College debt wasn’t really a thing then, at least for those in my cohort. Any reasonably motivated guy coming out of college could afford a decent place, decent car, and a reasonably attractive girlfriend without having a huge income.
Things are very different now. Even people my age (52) who didn’t take proper precautions to beat inflation can’t afford the same apartments and condos that they *could* afford right out of college back in the 90’s!! As for young guys just graduating…. Man, it’s a different world. Let’s just say I’m glad I was born when I was.
Great,
Are you a bitcoin maxi ?
I almot never met anyone that truly understands bitcoin over 50. Except for Gary Leland the bitcoin boomer lol
Oh and did you get the F out of Commiefornia ?
Yes, I guess you could say I’m a bitcoin maxi. I don’t see much value in holding alts, cash, real estate or gold when Bitcoin exists although admittedly, gold has been outperforming in its “flight to quality” role lately.
I too have never personally met anyone over fifty who jumped into Bitcoin. Most of us in our fifties who are rabid Bitcoiners discovered it in our early forties. It’s hard to change a mindset past fifty.
Yeah, I switched my residence out of CA about thirteen years ago.
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