We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly... Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.
Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.
Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
EV used residuals are actually incredibly high, showing really strong demand at the right price point. Everyone talks about the horrible residuals against what the purchase price was 3 years ago. But to the market, what you paid is sunk cost-irrelevant. The proper way to look at it is what the differential is to a current new equivalent. It’s only bc the new vehicle prices got driven down by Tesla that they look bad. Let’s do the math. Typical car depreciates about 40-50% after 3 years. Mach-E Select RWD new is $43k. Less $7500 tax credit you get to about $36k. You would expect a 2021 model to then sell for about $20k. But market right now has that vehicle selling for $27k, or only 25% implied depreciation. This tells you there is a really strong demand curve at around $25-30k for EVs. You could by a new one for $36k. Or take a 3 year old one at $27k. Usually not a deal you would take in the used market. But used Mach-Es fly off the lot. Same with other EVs. Very robust demand in the used market.
Bu Saif, you rocked in this interview too; direct, to the point and fluently delivered. Worth emulating as we do experience in day to day interactions with you as the Executive Director of the ADNOC’s Downstream, Marketing and Trading Directorate.
Khalid Salmeen 👏👏
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly... Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.
Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.
Could you possibly recommend a CFA you've consulted with?
Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
Good luck my ADNOC ❤️
Khaled Salmeen ; What a Sharp leader just the way he talks
Such a business expert
Industrial Metaverse 💙🇦🇪💙
EV used residuals are actually incredibly high, showing really strong demand at the right price point. Everyone talks about the horrible residuals against what the purchase price was 3 years ago. But to the market, what you paid is sunk cost-irrelevant. The proper way to look at it is what the differential is to a current new equivalent. It’s only bc the new vehicle prices got driven down by Tesla that they look bad. Let’s do the math. Typical car depreciates about 40-50% after 3 years. Mach-E Select RWD new is $43k. Less $7500 tax credit you get to about $36k. You would expect a 2021 model to then sell for about $20k. But market right now has that vehicle selling for $27k, or only 25% implied depreciation. This tells you there is a really strong demand curve at around $25-30k for EVs. You could by a new one for $36k. Or take a 3 year old one at $27k. Usually not a deal you would take in the used market. But used Mach-Es fly off the lot. Same with other EVs. Very robust demand in the used market.
Bu Saif, you rocked in this interview too; direct, to the point and fluently delivered.
Worth emulating as we do experience in day to day interactions with you as the Executive Director of the ADNOC’s Downstream, Marketing and Trading Directorate.
EV used residual values are actually in
problem is the investment bankers. they know the buyers with deep pockets that will overpay.
Wish Adnoc all best
Good luck to youth businessman
코베스트로 화이팅!
Europe are sold
Arabs bankrolls science 😎