There are a couple of leaves on the ground. But those may have already been there.

Good stuff. As someone who is 6 months post-FI and dabbling with consulting to stay active and engaged with my area of expertise, this is pretty spot on with my experience thus far.

The point was not Tundra vs. F150. But if you didn't see that, I really don't know what else I can say to you.

Canadians, eh.

You missed the point.

You really think someone, like Hyundai for example, won't won't ramp up their inventory (and incentives) once they can in order to gain market share?

I genuinely don't know the answer. I just think we can't ignore the fact that the current situation was created by external factors (chip shortage) rather than by a savvy strategy from manufacturers. Once that external factor is gone, I'm betting competitive business practices will resume. It might take awhile and it might not happen across the board, but it would take collusion between every manufacturer to keep inventory low indefinitely.

You better believe Toyota will gladly discount that Tundra slightly in the future if they can win over a Ford buyer who has to custom order and pay sticker. Current supply is artificially limited by chip shortages, etc. The market is not currently at supply/demand equilibrium.

Automakers compete for business. It's the nature of a free market. Someone will take advantage of this.

This world of high profit margins for dealers and manufacturers only works until supply can catch up and then the race for market share will resume. Econ101.

Well put. I hope Hyundai's corporate marketing and product planning folks are paying attention.

They need to drop the plug in hybrid in the Santa Cruz asap and price it very competitively or the Mavericks head start will be tough to come back from.

The SC is an awesome platform and niche and I hope it's successful, but they need to get scrappy and fast.

RSQ8 is the restrained and rational choice. I call it the thinking man's Urus.

But in your case I'd actually consider the Urus. Being in a LCOL area, you'll put a smile on a lot of kids faces (and kids at heart) who otherwise probably never see a Lambo.

If you were in LA I'd say to stop trying to show off and get a Kia Telluride, but in this case, go big and ball out. You can afford it.

Family of 4 here in a VHCOL city. Our current house is a just under 1300 st ft. 2 bed, 1.5 bath single family home in the city.

We are struggling with many of the same questions. Do we add on, rebuild, upgrade or stay put to maximize FI and ultimately quality of life.

With 2 young kids and the desire for additional work space and bedrooms and with the financial resources to upgrade/expand our living situation the impulse is to spend the money. BUT...

While we'd love an additional master suite, etc. - we are planning to stay put and enjoy what we have - at least for the time being.

There's always the thought that next upgrade will be enough and the hedonic treadmill is real. So with this line of thinking I'm stopping chasing the additional space or next upgrade because I know it will inevitably need to wanting the next thing that we don't really need.

My logic... If you told a homeless family you'd give them a studio apartment to love in, they would feel like they hit the jackpot. If you told a family crammed in a 1 bedroom apartment that they could have a 2 bedroom single family house, it would feel like a mansion.

What do we need a 3k ft, 4 bed house for? We have enough and a great life. We're going to try and be thankful for all that we have.

Counterpoint... We bought a 4 bedroom beach house last year that we've been going to on the weekends. Makes coming back to out small house in the city during the week much easier.

Just my 2 cents. Good luck!

I'm abstaining until the follow up thread, "what I do to earn a billion $/year."

Varies so wildly at that point. Cash comp will rarely top out at more than 5-600 in sales roles but once stock comp is factored in, top leaders can definitely have 7 figure comp years if their teams are crushing things.

Obviously depends on a lot of factors but as a first line leader, I'd expect anywhere from the low 200's to 400's OTE.

Big tech OTE typically includes a significant stock comp. component once you move to 2nd line leadership and beyond.

Current full time reddit commenter.

Former saas sales leader.

I agree with this take. Even if manufacturers like this new reality of restricted supply and high margins it would take massive collusion between every manufacturer to make this the new normal indefinitely.

All it's going to take is one aggressive manufacturer who wants to pick up huge market share to not play along and ramp inventory and incentives back up once they're able and the others will be forced to follow suit.

For example, Toyota might love this "new normal" but if Hyundai can make enough vehicles and needs to start heavily discounting their cars to take market share from Toyota they will. You might prefer a RAV4 to a Hyundai Tucson but if that Tucson has $10k on the hood and the Toyota is only available at MSRP - you're going to look REAL closely at the Hyundai.

Couple reasons someone might get the regular hybrid over the plug in...

1) plug in actually gets slightly worse mileage when not running on full ev due to added battery weight.

2) if you don't have the necessary tax liability to qualify for the full credit

3) you can buy a hybrid today in all 50 states.

But you are correct, a well educated buyer who can take advantage of the tax incentives is better off getting the plug in under most circumstances.

If your SWR doesn't cover your desired living costs, it doesn't sound like you've actually reached FI.

How many times is this dumbdumb going to name his LLC's "Stellabean" and wonder why people can easily find his houses.

Bananaland.

High Earner Not Rich Yet

Property management for a short term rental property in a coastal community is more akin to being an inn keeper than a property manager.

I own and self manage both long term rentals and short term. Make sure this is how your parents want to spend their retirement.

I get it. I was in the exact same boat (actually my boat was only about half the size of yours) and had so much of my identity tied up in my professional life and accomplishments.

I pulled the trigger and walked away 5 months ago. Zero regrets so far.

When fulfillment and life satisfaction not working for an income > the satisfaction you receive from working = good time to consider FIRE'ing.

Don't worry about what other people think. Update your LinkedIn/resume to consultant or any other fluff if you ever want to get back to the grind. You just won the game with your recent IPO. No future opportunity or employer would blink twice at you taking an indefinite amount of time to enjoy life and explore your passions when and if you wanted to work again. You can write your own ticket now. It's just gravy that your significant other makes good money and enjoys work.

Find some things you're passionate about to make sure you're fulfilled day to day. Enjoy.

RIP to this sub.

Take an indefinite sabbatical. See how you feel. If you're happy, find purpose, and enjoy life... never go back to the grind.

The worst case scenario is you go back to the sales grind. Decent AE's with saas experience will always be able to find a six figure job if they need it. Might be brutal but you know how to play the game and the pay is decent. But again, that's your WORST CASE. In all likelihood your assets and net worth will continue to grow exponentially unless you're trying to keep up with the Joneses.

Don't buy a Ferrari in 10 years when you're burnt out and 1 quarter end away from a heart attack. Buy your freedom now.

Quit now. Taking care of mental + physical health along with meaningful time with your kids and doing things you're passionate about is priceless.

You have the resources and assets to take the risk out.

This is the whole point of having all these resources... to have the freedom to choose what you want to do. Don't risk wasting another 5 years in a toxic job for the perceived prudent choice of locking in that lifetime healthcare and pension. The benefits aren't meaningful enough to put up with it. Even if you have to come out of pocket for healthcare, it's a drop in the bucket given your circumstances.

Would be one hell of a long winded and elaborate post to lie about RE equity.

More likely misuse of "literally."

But who knows. It's the internet - LITERALLY anything is possible.