Jeff Woodard

@scottbuscemi IMO Tesla makes the best cars on the road. Well-made very safe cheap to buy and to own. and they drive me everywhere I want to go...

My car drives itself. These “savings” arguments are so 2010s.

@Nothing23904546 @johndozer1 @theficouple not really true

@johndozer1 @theficouple @Financialguide Not all cars. Depreciation on EV’s is insane though, much more than a gas vehicle.

When you bought the $50,000 Tesla Model Y to save on gas & maintenance. Then you learned: - It loses 20-35% of its value by year 3 - It loses 55-58% of its value by year 5 So by year 5 you lost $35,000+ of value? ....Congrats on saving ~$1,000/yr on gas.

@FranWalsh73 And you’re clueless about these tools

"I don't have a great deal of time to argue with a hater on the internet" from a generational hater who comments on peoples posts about insurance daily 😂 That's good. You're something else Jeff, sure though lets take one example you handpicked and provided 0 other detail about the individual, suitability, their situation, etc other than what you said to them.

A financial rep can legally earn $50,000+ in commissions selling you products that may cost you hundreds of thousands in long-term wealth. Most people never find out. Here are 5 products routinely sold to people who may not need them - and what the math can look like ↓

@FranWalsh73 Like I said. You’re a hater.

@jedirich_ @Bellagio Vegas sux!!

Sure… Vegas is “dead.” Meanwhile, inside the Bellagio Conservatory — packed every day. Here’s the reality people don’t want to admit: Vegas didn’t die… it filtered. Post-Covid, they let anyone in just to survive. Cheap rooms, chaos, TikTok fights, people crying about $20 water in the desert. Now? That era’s over. Prices went up. Vibe cleaned up. And the people who can actually afford to be here showed back up. If you think Vegas is dead… you’re probably just not the target customer anymore. And judging by the crowds — they’re perfectly fine with that.

@MaryBowdenMD Best cars on the road today!

I just signed the papers on a Tesla and am waiting for it to arrive. The biggest appeal was the self-driving feature. Second was never having to go to the gas station again (convenience more than cost.) I decided to do a 3 year lease instead of buy as I suspect the car will be outdated soon given the speed with which the technology is advancing.

@EmmettBrownMD @theficouple these folks don't let the facts get in the way of their misinformation!

@Financialguide @theficouple EV depreciations are fake, due to the tax credits. The MSRP was not real. As soon as it ended Tesla cut the price by 5k. My cars MSRP was $45k but my actual price was only $33.4k

I don't have a great deal of time to argue with a hater on the internet. I don't agree 'we all know these are much rarer'...certainly not with ANY of my Clients! You seem just to bash and not to discuss the benefits of these valuable tools. It's ridiculous. And uninformed. This from an annual review last week - 5 YO policy., Client is F age 55.. "If you look at Policy Credits and Charges p. 14 it's all transparent. Your credits already are greater than the charges, and it only gets more efficient from here on out. Under Policy Charges ledger, the Premium Charge will go away when you stop paying in, and the Per Unit charge goes away at year 15. If you pay off the loan, and drop the Term, then your age 64, it is costing about $10K to support a growing cash balance over $900K. That's 1% and again it just gets more efficient over time. By age 75, it's <.8%! Your cash grows all the while the charges go down. I trust you can see the value -- think long-term with this. Look at the cash value growth at age 70, as an example: $72,729 growth in cash value and you haven't paid in a dollar for over 10 years. Safe and secure and growing tax advantaged. There for any need or opportunity. A great 'buffer' if and as needed, and can double for long-term care if you need it. With the above said, if you wanted to add more past year 7, that's always a possibility to build up your 'tank' even more."

@Financialguide Simply pointing out the ones we see most frequently. Would love to see some posts outlining the extremely positive cases in which these are used, however we all know those are much rarer instances…

Of course it isn;t true. It's for engagement. And while mine is two years old and has depreciated, all new cars do so, and I will likely keep it at least 5 years or more, so it's a moot point anyway. People who have no idea about Teslas love to bash them their opinions are worthless indeed.

@Financialguide @theficouple Yea what he is saying isn’t true. I bought my model Y 1.5 years ago and the KBB right now is exactly the price I paid for it 🤷‍♂️ 1.5 years of driving and no depreciation sounds pretty good to me.

@theficouple beautiful today. Will be near 70 and sunny

@Financialguide How’s the weather in SC @Financialguide ?

@JakeDSBD24 @theficouple agree. These folks are clueless often

@theficouple This is a ridiculous tweet

@pfinanceblogs @theficouple batteries are warranted to 120,000 miles and there are many out there with 300,000 or more

@theficouple The battery replacement is a killer. That has kept us out of the EV game so far.

@FranWalsh73 Classic. Pick the absolute worst tools with the poorest designs and extrapolate that to the whole universe. You’re actually doing a DISservice with this type of post.

How to protect yourself: Ask every advisor: - How are you compensated on this? - What is the total cost - upfront and ongoing? - What's the low-cost alternative? - Are you a fiduciary?

@TheCinesthetic Terrible movie!

Waterworld (1995) is over-hated. Strip away the budget jokes and what’s left is a huge, strange, ambitious adventure packed with real stunts and a fully built world. It’s messy, but there’s way more movie there than people remember.

@FranWalsh73 And just HOW would you have any clue what I read????🤨😏🤔

@Financialguide Lol, 0 chance you read the thread as usual. Just wait til you see the thread later this week on Whole Life and Annuities I'm sure you'll love that one!

Your mortgage rate is the key variable in this decision. Below ~5%: investing the difference may win on paper. Above ~6%: paying it off starts to compete. Above ~7%: the math often favors paying it off. Here's the full framework ↓

@FranWalsh73 Oh yeah. More bashing I expect.

@GuntherEagleman @JessicaTarlov If you are genuinely too stupid to figure out how to get an ID, should you REALLY be voting anyway? Food for thought

@JessicaTarlov Only for stupid people.

Republicans are lying to the American people when they say the SAVE Act is a voter ID law—it’s a proof-of-citizenship requirement that would make voting harder, if not impossible, for a lot of people. Passports are expensive, documents don’t always match, and the process can be a mess (been there). We should be making voting easier, not adding more hurdles. Democrats can own this by proposing their own bill that accepts a range of IDs, and includes automatic voter registration and Election Day as a national holiday for starters.

Still the biggest ratio I’ve ever seen on X 😂