r/wallstreetbets • u/abishop717 • 1d ago

Discussion 5 rate cuts 😮

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u/Cropitalist 1d ago

$300k mortgage saves over $80k over 30 years going down 1.25%.

34

u/superhappykid 1d ago

You planning to buy 1 car and 1 iphone over 30 years?

-43

u/Cropitalist 1d ago

I don’t own any vehicles made by companies who have tariffs, why start now? So yes, still gonna go with saving many many 10’s of thousands on a mortgage than like $80 a year on a phone.

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u/zakabog 1d ago

I don’t own any vehicles made by companies who have tariffs

Every automaker has tariffs. There isn't a car that's 100% manufactured in the US.

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u/BobAndy004 1d ago

Subaru and Toyota. Maybe Honda

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u/zakabog 1d ago

A lot of parts still come from outside of the US, the US hasn't had the manufacturing infrastructure in place to support automotive manufacturing on a large scale in many decades.