Test Drive – Mclaren 570GT and Audi R8

I was fortunate enough to be able to test drive two cars thanks to Silver Arrow here in Victoria. They are an exotic used car dealership and have very unique cars in on a regular basis. I didn’t buy but i’m looking for something exciting. Here are my thoughts on these cars.

First was a 2017 Mclaren 570GT, which is like the baby of the product line but I haven’t driven any others to compare. In summary this car is like a very luxurious spaceship. With 560 HP it pulls really hard when you step on it which I love.

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The paddle shift is natural and intuitive to pick up. When you slow down it will automatically down shift so you don’t have to worry about stalling it which funnily makes me miss standard.

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The doors open out and up easily and it’s no issue getting in and out for me any way.

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Some things I didn’t like, one visibility to the rear side only works through the side mirrors which makes merging and parallel parking nervous. The front pumper hood looks odd in my opinion. Also when I got out my left let had pins and needles because of a miss aligned seating position. It’s both a firm and comfortable ride but you have to adjust it to get the one you want. The other critical complaint is the price, at 240K cad + a 25% tax the price is high. While the quality is there I would be happy with half the car for half the price.

The second car was a 2012 Audi R8 with a manual transmission. This car is very elegant and indistinguishably just as fast as the Mclaren with over 500HP. It is very spacious on the interior with lots of headroom. One thing that can’t be conveyed in words or even a sound clip is the sound of the engine, it is a musical instrument both from the outside and in. The sound is amazing, you feel it and it’s not obtrusive in the cabin. I can see why people rave over the engine, it’s worth the price alone.

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Driving the R8 felt natural and easy to get comfortable with. There is a price premium on the manual and they were asking for 140K. It checks a lot of boxes but i’m not sure I love it.

These cars are luxury purchases and here are a few thoughts on how I think about financing. Any money that would go to a car in this category would be excess from an amount I need to live off of the interest at a 4% return per year. I’m not looking to lease even though it means paying tax up front and 95% of customers go this route.

In addition to the purchase cost I will set up an investment of stock index funds so that a 4% return on the principal will cover the cost of insurance, regular maintenance and fuel. For an Audi R8 this looks like $2000.00 insurance, $3000.00 fuel and $4000.00 maintenance for each year. This means I would set aside $225K in diversified stocks and bonds just to hold to cover the costs of owning the car. The value will depreciate but I could keep the car or decide to sell it at it won’t cost me any additional capital. All of this depends on having investments that return my cost of living from a 4% estimated return. Personally I wouldn’t buy a car if I didn’t have twice a living savings because there are so many opportunities for investments now.

I will probably post more if I take a look at other cars later in the year.

My Take on an Online Dating Site

This is how I would build an online dating site.

Several of my friends met their partners through online dating but despite that most people I know have had bad experiences through the process.

I was having a discussion recently with a few female friends of mine about the subject and a few interesting things always seem to come up, one being there are a lot of guys messaging them for unwanted sex or misrepresenting their availability for a relationship. That’s to say my female friends get a lot of dick picks and go on coffee dates with guys that happen to be married.

Guys on the other hand have to send a lot of text messages that are generally a poor way of making proper introduction because they don’t convey what people are like in person. I’m also surprised at how many bots and scammers run through dating sites.

Then there is the issue of harassment and general rude individuals. I wonder if a lot of bad behaviour that puts people off of dating could be helped with more social interaction and mentoring. A lot of people go about looking for a relationship in really immature ways that they would never act out in a work or family setting. A few good friends to point out missteps or opportunities may be all it takes for some.

Given all that, here is how I would build a dating site. It’s all about playing matchmaker.

As a user you would sign up with a few pictures and short biography but you can’t message other users right away. You then mark down a block of time in a calendar that you are available for a voice or video conference chat. The site would set up short conference calls to take place with two other users that have the same time available. During the call you get to know new people and make some notes about them. The purpose of the call is not to find someone that you will date but rather to find people that you enjoy talking with so that you can  play matchmaker when you find two other people you think would make a good pair.

The calls would generally start out in short blocks of time between two other people of a random gender. Sometimes this will mean two guys and one girl, one girl and two guys or three guys or three girls depending on preferences. After speaking with several people you will build a list of the ones you enjoy speaking with and then eventually you can recommend matches between the ones you think would be good together.

When someone recommends a match for you a notification will come in and you can message them. In the meantime you can enjoy getting to know new people and help introduce others. If the people you match like each other you get some internet points that would bump you up in the priority list to help boost your exposure. I would imagine people good at finding matches would be desirable friends.

I like the fact there is no immediate expectation when chatting with new people. I also find speaking is a more comfortable way of communicating than texting/typing.

People who typically receive too many messages would only receive recommendations from friends based on an understanding of who you are and what you are looking for.

Alternately people who typically send lots of messages and don’t receive a lot of feedback would be able to build a network of other like minded individuals to talk to and share advice, interests, ideas, etc.

An important characteristic of this set up is that it encourages you to get to know others and put in work towards finding matches. It makes the matches that occur more rare and significant. It feels to me like a more natural way of interacting with new people.

Ultimately it would be a place for everyone to enjoy conversations with new people, expand social networks and potentially find a great relationship match.

There are a bunch of fun variations that might be interesting to try for example allowing people you speak with to add to your public profile. Maybe one day I will build something like this. Let me know your thoughts.

Like Minded Persons Wanted

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I am looking to find likeminded people that share the same interest and passion.

My focus this year is on personal growth. To me this means reading on new subjects, building things people want, and most importantly meeting new people and sharing life together.

Most of the people that I know are limited in what they can do because of the amount of free time they have. They don’t have the opportunity to spend extended amounts of time doing things that would make them happier or allow them to learn or transform beyond what a certain basic level allows. Most people have a certain number of hollidays or a limited amount of money to travel or go to conferences as an example. Even the people I know that are high net worth are also highly leveraged with liabilities that bring them into comperable levels of work commitment and the stresses that come along with that.

How much of your day is really yours?

I have long been aware of common sayings about money not brining happiness or once you get a bump in lifestyle you will just acclimate to it and then feel just the same as you did before. I don’t agree with this though. I think this only applies to us when we are not growing or moving forward as people. Growth isn’t about comfort though and is mostly doing less with targeted action and letting go of bad habbits.

Are big changes realistic?

What does it feel like to hold an extravigantly rediculus idea of your future that feels impossible to achieve but unreasonably commit 100% to it? Uncomfortable and isolating, but in a good way that makes you feel alive.

There is an interesting phenominon I believe that if you could offer random people a life that they want more than any other they will sabatoge it if it is too far outside their comfort zone.

The difficulty in intending to change your life drastically also comes with a greater reward than can be gained by the regular toils of daily labour. This is because that impossible idea in your head will eventually and quickly become real and part of regular living as long as you hold it with mental certanty and conviction.

I made some investment descissions over the last ten years that brought me to financial independence. While the decape prior was pay cheque to pay cheque, I spent most of the day working just to have an hour or two to myself in the evenings. Now I have all the time to do what I want and need. The nuts and bolts of the investments are built on a strategy that was the result of several algorythmic learning systems evolving over the years.

One interesting observation about stepping through financial goal boundaries is that the expectation of what it would be like has nothing to do with reality. I had a belief that once I reached a certain dollar amount of investments I could live off the interest and then I would feel free. However when that happened to me and I reached that dollar amount I didn’t feel free I said to myself when I have twice that number then I will feel free. Then if the stock market crashes I will be ok because I can also invest in these other assets. Somewhere around the time when my investments reached just about twice what I needed to live on I was fired from my job. I wanted to leave but really was stuck in a mindset of conservative fear. I’m still trying to break off pieces of my personality that are over conservative to the detrement of my well being.

What is it like to be financially independent? It’s amazing, It’s a new normal and at the same time it’s an environment perfectly suited to figuring out what is important to my life now so that I can go do that. However I don’t know many people that are also in this situation.

What am I doing…

1 Ongoing projects, some I will talk about later. One is a car company I am starting called http://opencarproject.org. This is a passion project and I love working on it.

2) Network of investors to share or discuss investment strategies that helped me become financially independent so that more can do the same. The investment strategy I use is available to anyone on the website http://algomega.com

3) Youtube vlog I plan on starting to capture life, learning and fun with the intention of connecting with like minded others for growth and friendship.

Topics i’m brewing on for the blog and vlog inlude: health, fitness, travel, cars, money, investing, humor, food, relationships and more to come.