| KERMIT |
12-08-2012 08:59 PM |
Quote:
Originally Posted by PaulZ370
(Post 2050241)
I have an '05 Titan, immaculate shape, all paid for, worth $10K (Edmunds/Kelly Blue Book)
How's that for a return on MY investment? :tup:
Sounds like you need to take care of YOUR investments a little better... :icon17:
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Cars are one of the worst investments ever. In fact they should be called a depreciating asset for a better description. Only a small fraction of a percent of vehicles gain value. 370z's or titans are not in that category.
What you are attempting to do is minimize your loss. Investing in Facebook has a better return!
Anyways, if you want to have nice vehicles, that's great. That's why we are here. Just don't fool yourself into thinking that its an investment.
If you purchased $20k in stock and it proceeded to lose 55+% over five years, would you consider that a good investment? I look at my stock portfolio and I would die if that happened! I'm just trying to stay ahead of the s&p |
