What's One Thing You Wish You Didn't Buy or Should Have Purchased?

hasher22 on 23/01/2022 - 00:05
Last edited 23/01/2022 - 00:06

What's one thing you wish you didn't buy or should have purchased?

I purchased a 2005 RX8, half cash, half loan total: 22k. Fuel was $80p/w or more and only drives 280km - 300km. Oil change and filter every 3000kms, regular rotary maintenance checks. My prior car to that was a 2005 Toyota Yaris….. the money spent on that damn RX8 could have been towards a damn deposit for a home. I was a typical 21 yr old spending cash like I had it

Lived with my brother in a new unit rental place for 8 years, first occupants, and rent was like $190p/w, but the time we moved out the rent was already at $380p/w. We didn't have plans to move, just lived every day there. The unit went through 3 landlords……. I remember when the first landlord wanted to sell like 4 years in, the LJ Hooker rep said if we wanted to buy it, we declined all 3 times…. based on our income, we should have purchased it.

But in saying that, we didn't know anything about buying, further more, when a unit goes through 3 owners, is that a red flag?

Yours?

General Discussion

Comments

  • Jimothy Wongingtons on 23/01/2022 - 00:07
    +1

    Patiently waiting for DOGE to get to .88 again

    • hasher22 on 23/01/2022 - 00:09
      +1

      Bitcoin in 2009! :O

      • AlienC on 23/01/2022 - 00:42

        MEME INU has gone down since i bought it like a week ago :( but I will be on top in the end definitely the graph is heading to an all time low so just means I won't get as high a gain as I would like to but I am positive I will get a gain in like 6 months time or something maybe a year but definitely a gain

        • SBOB on 23/01/2022 - 07:10

          MEME INU has gone down since

          Anytime anyone's bought it (post first couple of days of activity)

          Not sure what on that current trend shows you it's got some reversal in its future coming , but best of luck….

          • AlienC on 23/01/2022 - 15:19

            @SBOB: Yeah I got impatient and bought it a bit early it does feel like it is going down much more.

            I dunno my gut feeling tells me it will be back up.

            As always nobody knows need to write in all my comments about crypto that ymmv and buyer beware caveat etc lol haha but sometimes I feel like that is obvious now.

            After studying some graphs I met the decision to buy in at A$0.005 it is A$0.003 now which is a 40% drop it is butt clenching but my graph hypothesis still holds for me at least.

            I guess only the future will hold but generally most crypto have gone above their initial coin price offerings.. most this could be an exception.. time will tell.

            • brendanm on 23/01/2022 - 21:12

              @AlienC: How much money did you put into something called meme inu?

              • AlienC on 24/01/2022 - 14:09

                @brendanm: 700 usd into baby doge coin.. pulled out at around 2300 usd

                put it into meme inu 2300 usd

                it is at 1900 tether or usdt which is basically usd right now but it was below 1500 the other day

                so i put in around 2300 usd into meme inu.. when it was around A$0.005

                I have no doubt the graph will go above my buy in price just have to play the patience game

                • brendanm on 24/01/2022 - 14:11

                  @AlienC: The graph for meme inu seems to be down to the right at about a 45 degree angle.

                  • AlienC on 24/01/2022 - 14:39

                    @brendanm: I concur.

                    It seems to be extrabasuperfabulousous.

                    • brendanm on 24/01/2022 - 14:40

                      @AlienC:

                      It seems to be extrabasuperfabulousous.

                      Down to the right is the opposite of this. Why would you buy something that's on such a steady downward trajectory?

                      • AlienC on 24/01/2022 - 14:51

                        @brendanm: I can't predict the bottom peak but i knew already that buying in at that point in time was a good idea..

                        if it is heading down then it will bounce at rock bottom and head back up.. they all do that

                        also if you look at the graph it is the first downward trajectory meaning even better it has not done this before so even more it will go up..

                        the graphs are mostly cos and sine waves you just have to as always buy low sell high.. the question is will be busy or aware when it hits the top peak.. i am happy with a 3-5x return on this so thats my exit point

                        then i look for another and rinse repeat or just play it safe and wait for the popular coins to fall a bit and then ride the uptake..

                        ezpz

                        once you get a hang of reading this its like knowing when to push in overwatch and when to back off

                        my only problem is i have a self destructive nature i press teh stimpak button a lot.. 10% hp loss for 50% atk speed gain

                        • brendanm on 24/01/2022 - 15:14

                          @AlienC:

                          also if you look at the graph it is the first downward trajectory

                          I don't know what graph you're looking at. Zoom out, the only trajectory it's had is downward.

                          • AlienC on 24/01/2022 - 16:08

                            @brendanm: Never mind you are not following me.

                            Basically it is on a downward trend right now so either you keep waiting for it to hit the bottom and watch it closely every day and buy on the first upward trend or you buy now and then just wait for it go back up later.

                            I am lazy so I bought in now so I don't have to keep watching it every day and can live my life and do other stuff but the main thing is to buy when low or on a downward trend then sell high obviously or on an upward trend.

                            It is trajectory down right now so it is a good time to buy.. yes it might keep falling even more but then it might sharp rise up at any time and then you have lost the opportunity of a downward buy.

                            I chose to bite in a bit early but I feel confident that when it reverses course it will still be a substantial gain over my A$0.005 buy in price.

                            Ok have a nice day bro.

                            • brendanm on 24/01/2022 - 16:28

                              @AlienC:

                              Basically it is on a downward trend right now

                              It's been on a downward trend since its inception?

                              Not all tokens come back up, plenty go to nothing, especially meme tokens. Meme tokens only go up if they have a decent community, I couldn't find one for meme inu, maybe I'm stupid.

                              • AlienC on 24/01/2022 - 18:51

                                @brendanm: You are not stupid. This is a hail mary play I'm prepared to lose everything like everything else in my life.

                                I am obviously deluding myself here.

                                • AlienC on 24/01/2022 - 18:57

                                  @AlienC: All I can say is I had the same feeling about

                                  Check out SHIBGF https://www.coingecko.com/coins/shibgf

                                  But the market cap is only 77k so I didn't choose that one

                                  Basically it will either flat line forever or might give back a hefty multiplier I don't think it can go lower but anything is possible. Gamble responsibly.

                                  • GnarlyKnuckles on 25/01/2022 - 03:28
                                    +1

                                    @AlienC: Dude, there are now 1000s of cryptos out there, and hundreds being 'invented' every month. Statements/generalisations like '… they all do that' etc. are thus naive in the extreme.

                                    'Meme Inu' is pretty clearly just one of the vast majority that will lose value from their inception and ultimately (fairly rapidly in fact) become worthless, then disappear. If you can still get anything for the 'Meme Inu' you are currently holding, sell it, right now.

                                    Here's the graph:

                                    https://coinmarketcap.com/currencies/meme-inu/

                                    As the wise fellow above has stated, this lemon has essentially only ever lost value, since its inception.

                                  • brendanm on 06/02/2022 - 16:55

                                    @AlienC: You really need to zoom out some more.

    • [Deactivated] on 23/01/2022 - 17:02

      That's a lucky Chinese number

      • Jimothy Wongingtons on 23/01/2022 - 17:02

        I must have got it at .88444

        • [Deactivated] on 23/01/2022 - 17:53

          You have tipped the scales to unlucky having 3x4 vs 2x8. You should balance to .8844 for good Feng Shui

  • garetz on 23/01/2022 - 00:16
    +6

    Hindsight is 20:20 for a reason.

    Even if you had all the information at the time, inaction is also a decision, doing nothing can often cost you even more than doing that thing that cost you money you didn't have to begin with like buying that expensive car or buying property at the wrong time.

    inaction is an opportunity cost, its much more important to be able to identify the opportunities that comes your way than paying slightly more for something you could of gotten cheaper with abit more research.

    • SF3 on 23/01/2022 - 07:35

      Hindsight is 20:20 for a reason

      Agree, this is mostly due to heat of the moment, as you wouldn’t have known back then. Then hopefully experience help with for future decisions.

  • AlienC on 23/01/2022 - 00:46
    -2

    I am sorry for your financial losses OP.

    I cannot justify a car even though I want to drive something on a big open field for fun be it a cheap ride on mower or go kart or something like a quad bike but I know it will never happen but there is something nice about just driving something really fast with a lot of power for fun.

    I tell myself walking is healthy for me but some days it would be nice to just drive to work instead but I honestly can never see myself getting a car.. maybe if I win the lotto but even then it is just such a huge time investment among other things plus parking is or can be a pain.

    As for me I have a few games and gifts toys I wish I did not buy as I either never used it or its still stockpiled somewhere to be used.

    Nothing majorly gained.

    I did buy a $159 pet drying vacuum blower just to clean my pc.

    Does a very good job at blowing it is like a focused small leaf blower I suppose not the worst buy but only had a few uses so far but my god does it get rid of dust and wow it is loud.

    I did buy 3 window kit karcher aliexpress imitations from ebay… pro tip they don't clean windows or mirrors at all in fact they just smudge it so I am figuring out a way to give them away for free or sell it or donate or something but I would feel bad to just landfill it.

  • AustriaBargain on 23/01/2022 - 01:22
    +2

    Uber Eats. The app just told me I recently made 50 orders. 50 x $25 is $1250, but worse than that is all the calories because I still been eating regular food on top of the junk food. Regret it every time.

    • Jimothy Wongingtons on 23/01/2022 - 08:44

      How can you regret large zinger box though? It’s perfect in every single way.

      • AlienC on 23/01/2022 - 15:21

        Yeah KFC I only regret in the moment or after.. but when I look back now at all my KFC choices I don't regret a single one except maybe when I thought I could eat 18-20 pieces in one sitting aka 2 x $9 Tuesday specials or whatever they were called.

        The reason was the closest KFC was like 2 hours away one way so I planned to bring it back home but man bringing that much KFC in a bag on public transport was a big regret later on.. bag smelt like oil.

  • CyberMurning on 23/01/2022 - 01:28
    +11

    Wife

  • coffeeinmyveins on 23/01/2022 - 01:34
    +3

    Crypto two months ago

    • dust on 23/01/2022 - 13:19
      +1

      Are you okay?

      • coffeeinmyveins on 23/01/2022 - 16:00

        lol yeah, don't invest what you can't afford to lose.

    • AlienC on 23/01/2022 - 15:22

      What did you buy into.

      I got lucky on BabyDoge missed out on a multiplier but still came out on top.. now all in on MEME INU and right now its down 40% since buying it but my gut says I will be on top when it finally picks up

  • troy1976 on 23/01/2022 - 02:51

    The car I bought in 2001. Followed by the car I bought in 2007. Then the one I bought in 2012. In the latter two cases, I was already living in the inner city, walking to work and most other things and got to look at my rapidly depreciating vehicle in the driveway each day as I left for work and then again as I returned from work. I felt stupid then and positively ridiculous now. Could have owned my current house outright a decade ago probably if I'd exercised better judgment and bought cheaper cars less frequently. So same deal as OP I guess.

  • k-rokfm on 23/01/2022 - 06:34

    Had an offer accepted on a house 9ish months ago. We ended up saying no after further inspections on some retaining walls that were supporting the house that needed maybe 25k worth of work which was money we didnt have.

    The house would have probably been worth 100k more now and we still havent found another property!

    Im glad with the decision we made at the time with the information we had, but damn it sucks

  • SnowDragon on 23/01/2022 - 08:12
    +1

    Should have bought: a house sooner. Went directly to a bank who said I could only borrow 400k. 6 months later went to a broker and they said I could borrow up to 520k. Eventually got a place, but I could have potentially saved 50k purchasing one 6 months earlier.

    Shouldn't have bought: a ryobi battery powered lawn mower and line trimmer. A week after spending $350 odd, there was a deal for an Ozito combo with the two for $99.

    Most big purchases I umm and ahh about for a while, so I'm lucky to not have many regrets.

    • Jimothy Wongingtons on 23/01/2022 - 08:47

      To be fair the ryobi one would be a lot nicer across nearly all categories. I guess as for as ‘getting it done’ I guess it depends on how intense the work is.

    • Neoika on 23/01/2022 - 08:49

      there was a deal for an Ozito combo with the two for $99

      I dont think it included a battery powered lawn mower. It is a different set.

      • Neoika on 23/01/2022 - 08:53

        This deal? Not $99.

        • SnowDragon on 23/01/2022 - 12:28

          Ah mustve been $199. Well still $150… But i haven't had any problems with the Ryobi so I guess I got my moneys worth

  • pegaxs on 23/01/2022 - 08:59

    About 5 of the 6 motorcycles I have in my garage. Can only ride one at a time. But at least I bought them all ore Covid, so I didn’t pay idiot tax on top of it.

  • mini2 on 23/01/2022 - 09:45

    Should've bought a house in 2770 10 years ago as recommended by an acquaintance. ~$250k now becomes $1mil or close to it.

  • GordonD on 23/01/2022 - 10:52

    Lived in Sydney. Would have liked to retire to NSW far north coast. The prices there then weren't half bad. But I wasn't close enough to retirement age then, so I moved to Adelaide. Now house prices have increased ridiculously in Sydney and even more ridiculously in the NSW far north coast I can never afford to retire to where I'd like to and had hoped to, and I'm stuck in SA.

    But I guess I'm still a lot better off than the people who have to find some way to afford to get into the house market in Sydney. Or Melbourne.

  • yellowfever on 23/01/2022 - 11:05

    $20K for a trip to Europe. Coulda put it towards a house deposit and bought earlier for cheaper.

    Going to Europe was not really an eye opener nor was it a once and a lifetime trip.
    Yeh I saw the Eiffel Tower, the beautiful white buildings in Santorini, tasted a German beer and their pork crackle, watched the Spanish national team in the Euro Cup…but thinking back a house deposit would've been a far better spend for the long term

  • skid on 23/01/2022 - 11:36

    Should have bought bitcoin in 2009. Didn't know how.

    • AlienC on 23/01/2022 - 15:25

      I still don't know how but I think it was something to do with a wallet and a hard drive and yeah I would have definitely stuffed it up and like bought a bitcoin when it was under a dollar for like $50 probably knowing my technological literacy.

  • Seraphin7 on 23/01/2022 - 14:25

    OzBargain Platinum Membership.

    I'll leave it you to determine which camp that one's in.

    • loulou1 on 23/01/2022 - 19:36

      Purchasing it is soon to be a regret if it isn’t already. First rule about ozbargain platinum membership….

      • AlienC on 24/01/2022 - 16:14

        only tell everybody

  • Bargain4Days on 28/01/2022 - 03:57

    Wish I was born earlier so I can put a deposit down earlier before property exploded, but in all seriousness, IDFK, there was alot of things I could have and should of have done at the time. I made judgment at the time to the best of my ability, didnt have the hindsight as of now, but just been working alot of OT and saving bunch of money so I could hopefully get a chance to put a deposit down for my own place someday, if thats even possible now lol.

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