"Bryan doesn't drive a 1M" (bryantakespictures)
10/13/2016 at 11:42 • Filed to: None
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"Bryan doesn't drive a 1M" (bryantakespictures)
10/13/2016 at 11:42 • Filed to: None | 3
| 23 |
!!! UNKNOWN CONTENT TYPE !!!
Here’s the bombshell:
“I’m extremely risk averse” - Freddy “Tavarish” Hernandez
shop-teacher
> Bryan doesn't drive a 1M
10/13/2016 at 11:47 |
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I thought this was pretty bomb-shelly too.
“I make sure to spend less than 10 percent of cash on hand on car purchases over the year, preferably five percent.”
He just bought a $36k car, which is supposedly less than 10% of his cash on hand. That’s pretty impressive if it’s true.
Daily Drives a Dragon - One Last Lap
> Bryan doesn't drive a 1M
10/13/2016 at 11:52 |
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As he tows a trailer with an S Class keeping the air suspension on its highest setting all the time. Also he does so with a hitch that isn’t really supposed to be for that. And really doesn’t care that the back half of the car is bending. Also he drove across the country with that.
Nothing
> shop-teacher
10/13/2016 at 11:54 |
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Agreed.
iSureWilll
> shop-teacher
10/13/2016 at 11:58 |
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The real question is - How did he get $360k writing articles for Gawker Media and living in New York? It may not be as impressive as you think. But I could be completely wrong, what do I know?
JGrabowMSt
> iSureWilll
10/13/2016 at 12:00 |
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Gawker Media (now Gizmodo Media Group) isnt his only income, actually.
Rico
> Bryan doesn't drive a 1M
10/13/2016 at 12:04 |
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“Why risk your financial stability on this market investment when you can risk it on this 15 year old Mercedes with air suspension instead!”
RyanFrew
> Bryan doesn't drive a 1M
10/13/2016 at 12:05 |
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It is definitely possible to be risk-averse from a financial perspective and not from a “life” perspective. I’m that way,
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iSureWilll
> JGrabowMSt
10/13/2016 at 12:09 |
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I didn’t think so :)
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shop-teacher
> iSureWilll
10/13/2016 at 12:11 |
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We know from this same article that he and his wife were living with his parents, so that’s part of it. I presume he’s got a “real” job on top of writing articles, but even if he doesn’t pulling together that big a chunk of change takes some serious personal discipline.
I’ve always presumed DeMuro has a real job as well, consulting or something.
RamblinRover Luxury-Yacht
> RyanFrew
10/13/2016 at 12:14 |
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*fistbump*
finn's arm
> shop-teacher
10/13/2016 at 12:16 |
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It is impressive and at the same time questionable. If it is literal cash on hand, that does not seem like a prudent way to save or have your money work for you.
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iSureWilll
> shop-teacher
10/13/2016 at 12:20 |
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Lots of unknowns and like you said, either way, having $360k liquid is respectable and takes a lot of discipline. I don’t have anywhere near that!
RallyWrench
> Bryan doesn't drive a 1M
10/13/2016 at 12:20 |
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I actually agree with Tav for once. I just have much less resources, so the cars I buy are considerably cheaper.
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RallyWrench
> shop-teacher
10/13/2016 at 12:21 |
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This explains why he can do seemingly really dumb shit with his money, and has lots of time.
haveacarortwoorthree2
> RyanFrew
10/13/2016 at 12:25 |
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Exactly. I grew up watching my parents struggle to pay bills. Christmas presents for my brother and me were obtained via one parent’s part-time job (on top of the full-time job) during the holidays. So instead of investing my salary and having a low interest rate mortgage, my house is paid off. Drives my financial consultant friends crazy, but gives me peace of mind.
DipodomysDeserti
> Bryan doesn't drive a 1M
10/13/2016 at 12:29 |
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When he said he had been living in a bedroom with his wife at his parents house, I assumed he didn’t get a low interest loan because his credit was shot.
E92M3
> Bryan doesn't drive a 1M
10/13/2016 at 12:36 |
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The real question is where could one get even 2% interest right now. Everything I’ve seen is less than 1%. Prepaying my mortgage is like earning 3.5%.
Wacko
> iSureWilll
10/13/2016 at 12:40 |
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when you live in your parents basemet rent free, that kinda helps
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shop-teacher
> finn's arm
10/13/2016 at 12:42 |
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Questionable indeed, that’s why I said if it’s true. He mentioned wire transferring the money to DeMuro, so I doubt it’s physical cash under the matress.
diplodicus
> E92M3
10/13/2016 at 12:50 |
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For whatever reason my credit union pays 1% on my checking account, and .75% on my savings. I had no idea until they called me and asked me why most of my money was in my savings account.
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shop-teacher
> RallyWrench
10/13/2016 at 13:00 |
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Exactly. Even when I didn’t have kids, I wasn’t NEARLY disciplined enough to pull together that kind of coin.
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shop-teacher
> iSureWilll
10/13/2016 at 13:01 |
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Me neither!
RiceRocketeer Extraordinaire
> Bryan doesn't drive a 1M
10/13/2016 at 13:02 |
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thought the bombshell was the Aston’s drivetrain