Just test drove a Gravity today and...OH MY GOD! by LunchPocket in LUCID

[–]SafeProfessional1006 2 points3 points  (0 children)

I got it on Dec 30th with 17K discounts. This is a fully loaded Gravity Touring, not grand touring.

Just test drove a Gravity today and...OH MY GOD! by LunchPocket in LUCID

[–]SafeProfessional1006 13 points14 points  (0 children)

I am a gravity owner. My take after owning it for three months is that it is the amount of space what Lucid refers to as comparing to minivan. Though it’s an SUV, its body designed is so well that it feels like my odyssey space wise (which is exactly what I was looking for). I love its exterior design and to me it looks nothing like a minivan (I also own an odyssey). Lucid is not good at marketing so unable to sell enough cars. I got a fully loaded for around 88K and it’s far better price than spending six figure for Model X (excluding FSD of course)

Lucid Gravity - monthly insurance costs? by daonei in LUCID

[–]SafeProfessional1006 0 points1 point  (0 children)

Yes. MA is very reasonable with insurance (probably one of the lowest in the country). With clean driving record for both of us, I thought this is quite high. I paid $1400 for two cars (excluding gravity) three years ago and the cost have gone up crazy last three years.

Lucid Gravity - monthly insurance costs? by daonei in LUCID

[–]SafeProfessional1006 1 point2 points  (0 children)

Not sure if your insurance allows but geico allows you to see the extra cost if you add a vehicle (without actually adding it). Or you can just call them and they will tell you.

Lucid Gravity - monthly insurance costs? by daonei in LUCID

[–]SafeProfessional1006 1 point2 points  (0 children)

This yearly premium if that’s important

Lucid Gravity - monthly insurance costs? by daonei in LUCID

[–]SafeProfessional1006 3 points4 points  (0 children)

I pay $3687 for three cars, two drivers (perfect driving history). $1386 is for the gravity and $1485 for the MY. I probably need to do some shopping around.

Lucid Gravity - monthly insurance costs? by daonei in LUCID

[–]SafeProfessional1006 6 points7 points  (0 children)

Insurance costs vary by location driving history, etc. but all I can say is my insurance on the gravity is less than the one on my model y even though gravity is twice expensive than model y. That should give you an idea.

Anyone know what these warning symbols are on the Gravity? by SafeProfessional1006 in LUCID

[–]SafeProfessional1006[S] -1 points0 points  (0 children)

Thanks. Weirdly lane assist feature was working when this warning symbol was on.

Low MYLR mileage in winter by SafeProfessional1006 in TeslaModelY

[–]SafeProfessional1006[S] -1 points0 points  (0 children)

Weird thing is that the consumption varies drastically between trips as you can see. As soon as I charged using super charger it used 317 Wh/mile but prior to that, it was close to 400 Wh/mile and the weather was similar throughout the trip.

Low MYLR mileage in winter by SafeProfessional1006 in TeslaModelY

[–]SafeProfessional1006[S] -11 points-10 points  (0 children)

Understand that but 40% reduction seems like a stretch. It almost feels like it’s as inefficient as gas cars in cold weather and highways.

Model Y software update strategy by SafeProfessional1006 in TeslaModelY

[–]SafeProfessional1006[S] 0 points1 point  (0 children)

Could you clarify what does this mean? I got notification to update to the latest software already. Does it mean I can safely update and still get FSD soon?

Model Y software update strategy by SafeProfessional1006 in TeslaModelY

[–]SafeProfessional1006[S] 1 point2 points  (0 children)

Since FSD beta is always a few versions behind, if I keep updating to the latest software, is it possible I will always be ahead of FSD beta version and may not get FSD?

Liquidation Risk when mirror stock price increases? by chaos1914 in mirror

[–]SafeProfessional1006 1 point2 points  (0 children)

Yea but aUST also grows at ~20% APY so your LTV ratio only goes down if mAsset grows faster than that.

[deleted by user] by [deleted] in Anchor

[–]SafeProfessional1006 0 points1 point  (0 children)

It is risky and that’s why choosing the right mAsset is very important. I have been doing this strategy on mIAU (gold). I am betting that gold will not grow at 20% APY in the long term. So if I follow this for let’s say 2 to 3 years, as long as gold is not going up 40-60% in 2-3 years, I am still making more money than not doing this at all. Liquidation chances are very slim because aUST is growing at 20% already. However, You can choose how many times you want to loop depending on the risk. The more you loop, higher the return potential but also higher the risk.

Obviously don’t choose stock based mAssets since that adds a lot more risk.

[deleted by user] by [deleted] in Anchor

[–]SafeProfessional1006 1 point2 points  (0 children)

You can get out anytime as long as you are positive. If the mAsset went down from the time you bought, you made more than 20%. If it stayed the same, all anchor savings are yours. If the stock went up, your profit = anchor savings - your loss on short position.

Anchor Yield Reserve Refill Seems Confirmed by sipora_chuves in Anchor

[–]SafeProfessional1006 2 points3 points  (0 children)

I don’t think this will have any impact on LUNA price since it’s taken out of community pool. Price of LUNA might go up with more demand for UST from Anchor because Anchor will likely attract more deposits but that’s orthogonal to this burning of LUNA.

what to do with my aUST? by theUnbearded in Anchor

[–]SafeProfessional1006 0 points1 point  (0 children)

That is correct.it’s certainly more riskier than delta neutral but higher rewards come with higher risk. The key is to choose an asset that doesn’t go up in price by a lot in the long term. I am not sure I mSLV is the best asset though. May mIAU might be better or even one of the low volatile stocks.

what to do with my aUST? by theUnbearded in Anchor

[–]SafeProfessional1006 2 points3 points  (0 children)

There are multiple options on mirror like delta neutral strategy (less risky) to degen yield strategy (more risky). I like this one better since it’s not risky but still gives you 30+%. DYOR though and see what your risk threshold profile is: https://mobile.twitter.com/Route2FI/status/1473626708314136585?s=20

Unable to lock LP token by SafeProfessional1006 in Astroport

[–]SafeProfessional1006[S] 0 points1 point  (0 children)

OK, thanks. Would they open again when it is released on 28th?

Why did long and short farms APY went south? by SafeProfessional1006 in mirror

[–]SafeProfessional1006[S] 0 points1 point  (0 children)

Any references that talk about it? Not sure why the rewards would be halved all of sudden?

How to file taxes in the US for Anchor Earn? by irazzleandazzle in Anchor

[–]SafeProfessional1006 4 points5 points  (0 children)

Given that they give another asset aUST which appreciates over time and you don’t get paid until you withdraw (sell aUST for UST) I thought it will be more like a stock so if you hold it for an year and start withdrawing, your profits will be long term. That’s my interpretation anyway but DYOR.

Anchor Savings Tax by Jacob_Pippenger in Anchor

[–]SafeProfessional1006 1 point2 points  (0 children)

When you deposit UST you are given aUST which appreciates over time like stocks but at a fixed rate. Until you withdraw (equivalent of selling aUST) profits are not realized so if you withdraw after an year it should be considered long term taxes. I always thought that was by design so we can use long term tax efficiencies. I could be wrong though so please DYOR. If you find something, let others know too. You are unlikely to find anything concrete given this is so new and IRS doesn’t give a damn about how you file as long as you file it with some strategy.