All about cash flow breh

If you have cash in hand, then it’s cash flow for taking 9 years loan.

If you can’t afford the installment for a 5 year loan, so you stretch it to a 9 year loan to “afford” it, it’s not cash flow. You memang insufficient cash so nothing will flow. Buy something cheaper so got leftover cash.

Nobody cares you drive a Civic or an Axia except your MLM/agent down line.

Nope, I  disagree. Some people take 9 years loan, for a very good purpose. Like myself, I take because I want to roll the money as long as possible into investment.

Back in Aug '20, during Covid-19 days, I bought a conti car, RM300k++. I could have used to buy the car via outright cash, but decided to take a loan and invest the cash into shares instead.

So, instead of buying the car back with cash, I decided to dump the money into Tesla. A whole huge chunk of USD80k into one single share, although the purchase itself was via dollar cost averaging (multiple purchases over a period of time).

Totally exceeded my expectations on this. What a wild ride with all the ups and downs in between.

So yeah, my loan is a 9 year loan and I'm half way through, already served 4 years and 4 months (what an inauspicious number).
So, on a monthly basis, I basically sell some shares, that is equivalent to the monthly installment amount (approx RM3k).

The results, I have a balance of 56 months of the loan, which will be about RM168k to pay off (principal + interest).
BUT, the Tesla shares that I have now, is worth RM280k. If the share price maintains stagnant as it is today, with no ups and downs, at the end of my loan tenure, I would be left with RM112k.

More realistic figure, I'm guessing, it will land between RM200k~RM300k?

And to recap, if I were to buy cash with the RM300k++, which I could, at the end of 9 years, I would have a car that is worth perhaps RM60k and RM0 (since all the cash is paid upfront for the car purchase).

So back to the question - can I afford it?
Hell yeah, I can, but I'm better off taking a loan. :-)

later got people will come comment say, imagine u buy axia

then the extra extra cash u all in tesla some more

later end up positive can buy 2 biji tesla cash

bring me fly