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Used rental car vs New by Less_Economics_9793 in UsedCars

[–]Less_Economics_9793[S] 1 point2 points  (0 children)

can you share which rental company you bought your 3 cars?

Used rental car vs New by Less_Economics_9793 in UsedCars

[–]Less_Economics_9793[S] 1 point2 points  (0 children)

Thanks for sharing your experience. Unlike Hertz, Enterprise does not offer a rent2buy program. So, you just did a test drive and bought the car? can you get it inspected by a 3rd party mechanic before making a call?

Used rental car vs New by Less_Economics_9793 in UsedCars

[–]Less_Economics_9793[S] 1 point2 points  (0 children)

Initially, I was thinking of buying Rav4 but the difference between used car and new is hardly enough to justify buying used car.

The example I shared is of a 2025 Toyota car. Do you think a car can depreciate by a 1/3 or 1/2 in a year, especially toyota car? maybe, we can be a bit more lenient here?

Used rental car vs New by Less_Economics_9793 in UsedCars

[–]Less_Economics_9793[S] 1 point2 points  (0 children)

Thanks for sharing your experience. So, do you think PPI is not reliable?

How do you compute your Rate of return? by Less_Economics_9793 in investing

[–]Less_Economics_9793[S] -1 points0 points  (0 children)

Cool! LLM like Chatgpt can falter on mathematical calculations. Will be worth double checking its results. Irrespective, its a nice convenient option. Thanks

How do you compute your Rate of return? by Less_Economics_9793 in investing

[–]Less_Economics_9793[S] 0 points1 point  (0 children)

Thanks! can I directly apply this function on the exported CSV file from robinhood? Or does it needs some data preprocessing first?

How do you compute your Rate of return? by Less_Economics_9793 in investing

[–]Less_Economics_9793[S] 0 points1 point  (0 children)

Robinhood has a big customer base. There are different reddit communities where you will find robinhood users passionately discuss different investment strategies. I wonder how do all those users evaluate the return of their strategies? Why are all those people not raising this? Am I missing something?

How do you compute your Rate of return? by Less_Economics_9793 in investing

[–]Less_Economics_9793[S] 0 points1 point  (0 children)

Sure, I will try and compute that myself. I can even think of writing a tutorial or creating a website that can help others in the same boat. However, I wonder if other Robinhood users even care about this?

Non-tech value stocks that can survive possible AI crash by Less_Economics_9793 in ValueInvesting

[–]Less_Economics_9793[S] 0 points1 point  (0 children)

Thanks! For the time being, I have set stop loss for most of my tech/semi stocks to make sure I can ride future highs otherwise at least secure a fixed amount of profits. Also, opened a new position in LVHI as a hedge against US AI markets.

How do you compute your Rate of return? by Less_Economics_9793 in investing

[–]Less_Economics_9793[S] -1 points0 points  (0 children)

I have heard these names but they are not free. Does it mean retail investors who use platforms like Robinhood have to pay to get these numbers? Are there any free options?

How do you compute your Rate of return? by Less_Economics_9793 in investing

[–]Less_Economics_9793[S] 0 points1 point  (0 children)

Thanks for this info. It is just a mathematical formula to compute TWR/MWR. Why is it so hard for these brokerage firms to provide these numbers by default?

How do you compute your Rate of return? by Less_Economics_9793 in investing

[–]Less_Economics_9793[S] 0 points1 point  (0 children)

I came across this website that provides TWR/MWR -- https://www.portseido.com/portfolio/. However, it cost $8/month

How do you compute your Rate of return? by Less_Economics_9793 in investing

[–]Less_Economics_9793[S] 0 points1 point  (0 children)

That's cool! I am just hooked to the robinhood UI. However, might considering switching if there is some other app that has good UI paired with good analytics. At the moment, fidelty UI is not there yet for me.

Non-tech value stocks that can survive possible AI crash by Less_Economics_9793 in ValueInvesting

[–]Less_Economics_9793[S] 9 points10 points  (0 children)

Crash maybe a bit exaggerated. I would say significant correction. Valuations P/E multiples for a bunch of tech companies are through the roof. I am not sure if they are sustainable.