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Am about $140k in debt right now. Housing ain’t cheap
…I mean, I don’t think my bank’s overdraft policy is gonna let me go THAT deep into debt
It’s okay we’ll pay for the rest in apple cards
I’d probably invest 20 Million USD into producing open source Camera Bodies/Frames and Routers. As a side job I’d produce reclaimed/refurbished capacitors. As a venture I would invest in brine pit water electrolysis with a pendulum separation second stage to produce petrol salt byproduct, Oxygen, and Hydrogen while also cleaning up groundwater contamination.
The components for both camera bodies and routers are cheap but the end result gets sold for hundreds of dollars, and in fact there are very few options that aren’t filled with proprietary firmware and are difficult to open or service.
The capacitors I expect to work as my retirement. In a transition to solar and hydrogen economy they will forever be in demand, and can even be sold for profit currently if you buy in bulk and fashion in home capacitors to limit high-usage surge pricing of utilities to a minimum.
The venture I spoke of almost certainly will operate at a loss. Even if the hydrogen and oxygen are valuable, and even if you can find a use for the salts, it’s going to cost a metric butt-ton of electricity to operate: first for the pumping, second for the electrolysis. Secondly, the equipment would need constant maintenance and could be hazardous under high (and efficient) load.
Be me Get job as Outbound Sales Consultant for ENGIE No idea how to sell LNG tankers to general public Post to LinkedIn that people should just buy one
Maurice Tessier Barrera - Outbound Sales for Energy Markets - Energy Leads | LinkedIn
Ima just leave this here, Climate Town’s discussion of Natural Gas (or what we call Methane. Fart gas.)
He explains how it’s a LNG is really fucking everyone over. Some points:
- NG infrastructure is leaky and causes lots of non-point-source pollution.
- Methane was supposed to be a transitional energy source as we moved towards renewables, but instead we’re leaning heavily on methane while China is securing all the science patents and materials for solar.
- LNG is super inefficient. I think like 20% of it is used up in the liquification process, which is required for transit overseas. This is to sell it to nations abroad.
- Since we’re really trying to get to renewables, everyone buying LNG is a jerk, and everyone selling it is also a jerk.
- If even one of these supertankers has a rupture incident, it will fuck the Earth, and I’ll be sore as I watch wildfire ravage California, and by east coast buddies get hammered by hurricanes. Also we’ll be closer to permanent drought and then global famine.
- Seriously, Methane is bad. NG infrastructure should be moved away from as quickly as possible. LNG is really extra super bad, and can ruin our kids’ futures.
Hello I would like to go into $19.990.000 debt please. I need to buy a LNG tanker for reasons…
Look at you with $10,000 spare. Show-off
I am living the dream!
For some reason the bank won’t let me take out an 8 figure loan to start my international piracy business. I’ll be starting up a gofundme.
All you need to do is find a stretchy guy made of rubber
You’ve got to stare hard at the bank manager and say, “look at me. I’m the borrower now.”
BRB, gotta check between the sofa cushions.
If you have $20 million you can just live off the interest and chillLine must go upBuying a boat is a famously good investment
It’s such a good investment that it’s why insurance was invented.
Thanks for the advice!
Break Out Another Thousand
Yeah I’ll just take a small loan of 20 million dollars from my normal worker parents…
Where do you even get a loan for just a million?
Probably not out of line for a house these days. You can borrow the down payment from your boomer parents if they take out a heloc on their house.
Payments are going to be a bitch at about $10k per month though with insurance and taxes lumped into escrow.
man starting a business is hard
I love the idea of a bunch of rando’s purchasing LNG shipping and just thinking… step one, done… step two, profit!
it’s so fantastically complex it’s hilarious
Step 1: Buy LNG tanker
Step 2:
Step 3: Profit
And then draw the rest of the fucking owl
I’ll take one, when it gets cheaper than a house.
Is this still available?
Hang on, I’ll ask my bank to give me a small loan of $20 million. I’m sure they will not laugh in my face and tell me to go fuck myself.
The guy I had told me to pull myself up by the bootstraps and I ended up finding $20 mil in my sock
Power of hard work and sacrifice right there, a true testament to the spirit of capitalism. If you can, all can.
Thank you mister president. I really want to thank you for what you’ve done for social media, politics, reality tv, MaCaulay Culkin, Chik-Fil-A, McDonald’s, diapers, Elongated Muskrats, (REDACTED), (REDACTED), (REDACTED), and the rest of you know whats up (REDACTED)
(END OF TRANSMISSION)
Maybe If you cut back on morning coffee and avocado toasts, you wouldn’t need a $20 million loan.
Have you tried asking mom and dad?
Nah, they’ll laugh at first, but then you’ll get taken upstairs and Jamie will open a bottle of your favorite Tequila, telling you that he thinks you need an even bigger credit line than you applied for.
Wait, you don’t run a wildly unprofitable company “worth” several billion dollars where you can use your equity as collateral for the credit line? Welp, sounds like a you problem.
Not a me problem. I blame my parents for trying to be good humans and teaching values instead of just enslaving people in apartheid-ridden emerald mines.
Tbh this particular joke was a reference to the WeWork fiasco and specifically the show WeCrashed, where the founder goes into JPMorgan Chase and asks for a 50 million line of credit after being pre-approved for 20k, then asks the clerk to google him and then gets brought to the bank’s CEO instead.
Of course, Adam Neumann was also a huge fraud, comparable to Musk in that both have been known to promise the world and deliver shit.
For anyone seriously considering this: don’t.
“The LNG market is set to rapidly grow” is a lie. Economies are shifting away from fossil fuels, and i guess by 2040 no metric ton of fossil fuels will be transported anymore.
This is a waste of money. They just want to get rid of their end-of-use LNG tankers. So they are looking for idiots to buy them.
by 2040 no metric ton of fossil fuels will be transported anymore
I seriously doubt it. Many countries are decarbonising like the UK has by getting rid of coal fired power stations and switching to renewables plus gas, because gas is a good way to solve the intermittency issues you get with many renewables. 2040 is not very far away, on that timescale the demand for LNG may actually go up.
For anyone seriously considering this: how the fuck did you end up with that kind of money in your early twenties? Either you’re business savvy in which case you won’t consider this or daddy’s rich in which case you should talk to your dad first.
Considering the value of the cargo, if you had that type of money to throw around, you could probably make a pretty profit. Fully loaded one of these tankers holds between $100,000,000 to $200,000,000 of LNG.
Assuming a modest 3% profit margin, though I suspect that you could achieve 5% easily, you’d pay back the ship with 4 full shipments. Since at 3% you’d have 6 million in profit per trip.
You get a small loan of 20 million dollars from your patents, obviously
I’ll assume you mean parents because you’d have to be one heck of an inventor
or find the right sucker
Too late, already bought 5
Wow, you must be loaded. My bank only allowed me to take out a loan for 3.
Pfft idk, seems like maybe you just want to buy up all the tankers for yourself.
no no, in fact i can sell you mine, too, if you want to, for a meager $24 million. same model as in the picture
$18,500,350 and you got yourself a deal!
Economies are shifting away from fossil fuels, and i guess by 2040 no metric ton of fossil fuels will be transported anymore.
We’ve got far too much legacy infrastructure and far too little public investment to ditch the vast number of small, cheap, highly lucrative LNG electricity plants scattered through North America and Western Europe.
And with energy demand continuously outpacing supply in the near future, even the green power we do build will be absorbed by the electricity ravenous date centers we’re constructing.
Could LNG tankers be retrofit to move Hydrogen? I could see some potential there.
Me when I spread misinformation online!
I dunno about that. Based on this US data, its use seems to be expanding, even more so than renewables: https://www.eia.gov/energyexplained/us-energy-facts/
This graph in particular shows this:
