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A lesson in investments for you Noobs

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Old Feb 11, 2008 | 03:51 PM
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Default A lesson in investments for you Noobs

Buy a popular, very common, no thrills, everyday, run-of-the-mill, cheap sports car for lets say 18K.

Store it for 18 years.

Sell it for 25K.

Make 7k return on your investment! Easiest 1.3% return you'll ever make. Let this be a lesson, never put your savings away in a Roth IRA, that would be plain silly.



http://www.miata.net/cgi-bin/isc/cla...evaction=today
Old Feb 11, 2008 | 03:54 PM
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why does the paint look like *** then...
Old Feb 11, 2008 | 03:55 PM
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And why does it have over 400 miles?

I'll give him $3500.
Old Feb 11, 2008 | 04:09 PM
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i just saw the m.net post and was thinking the same thing, what a dumbass...

on the same note in the back of car and driver or road and track some one bought an ad, the add gives examples on "investment grade automobiles" while things like the CGT is on it so is the SSR, i really do not see that stupid truck going way up in value.
Old Feb 11, 2008 | 04:13 PM
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i thought i was leading in my states retardency polls
Old Feb 11, 2008 | 04:16 PM
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I purchased car to preserve just for fun.
Oh yeah, tons of fun right there.

C
Old Feb 11, 2008 | 04:22 PM
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Originally Posted by Braineack
Buy a popular, very common, no thrills, everyday, run-of-the-mill, cheap sports car for lets say 18K.

Store it for 18 years.

Sell it for 25K.

Make 7k return on your investment! Easiest 1.3% return you'll ever make. Let this be a lesson, never put your savings away in a Roth IRA, that would be plain silly.



http://www.miata.net/cgi-bin/isc/cla...evaction=today
Don't forget inflation. That car is worth 28k now.... He should have just spent it. He would have at least broken even.
Old Feb 11, 2008 | 04:28 PM
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yeah seriously, lets lose money kids! i wonder what that car paid in rent.
Old Feb 11, 2008 | 04:38 PM
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eek? he should try Barrett-Jackson
Old Feb 11, 2008 | 04:41 PM
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i bet it doesn't have a siftket

http://atlanta.craigslist.org/car/567591401.html
Old Feb 11, 2008 | 04:54 PM
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or alote done to it.
Old Feb 11, 2008 | 07:02 PM
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LOL, if I had a **** load of money I would buy it and then crush it with a monster truck in his driveway.

Mark
Old Feb 11, 2008 | 07:23 PM
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Originally Posted by Markp
LOL, if I had a **** load of money I would buy it and then crush it with a monster truck in his driveway.

Mark
haha i was thinking something along those lines.....like crush the car by dropping the thousands of pounds of quarters i've been saving over the years in my basement (because it's a good way to save money) onto it
Old Feb 11, 2008 | 07:24 PM
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Originally Posted by Markp
LOL, if I had a **** load of money I would buy it and then crush it with a monster truck in his driveway.

Mark
LOL. That, sir, would be awesome.
Old Feb 11, 2008 | 07:29 PM
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Whaaaat, you mean Miatas are not good investments

**** I have 4 Miatas and was hoping to retire with the profits from them along with the social security checks I will be receiving. Guess I'm screwed
Old Feb 11, 2008 | 07:33 PM
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Originally Posted by Markp
LOL, if I had a **** load of money I would buy it and then crush it with a monster truck in his driveway.

Mark
If I were rich I'd buy it, strip it, toss in a twin turbo LS7 and send pictures to the dude to show him I kept it the way it is.
Old Feb 11, 2008 | 07:54 PM
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Originally Posted by Arkmage
If I were rich I'd buy it, strip it, toss in a twin turbo LS7 and send pictures to the dude to show him I kept it the way it is.
LOL this reminds me of an incident back in my Harley days, late 70's through the 80's

A friend bought a mint 1970 Electra-Glide from a Shriner. The owner would not sell it unless my friend promised him we would not modify it. My friend promised and a year later we had stripped the bike, chromed everything that could be chromed, painted it black, installed a kick starter, installed a springer front end, and a suicide clutch (foot clutch, side shifter).

It was a totally different bike, the original owner would have **** his pants if he saw that bike, but it was Beautiful
Old Feb 11, 2008 | 08:10 PM
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BAHAAHAHAHHAHAHAHAHAHAHAHAHAHAAHHAHAHAHAHAH .....breath BAHAHAHAHAAHAHAHHHAHAHAHHAHAHAAAHA

That was ******* retarded, he should just kill himself.
Old Feb 11, 2008 | 08:11 PM
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forget the monser truck idea, just buy it then do the bigest burnout possible in his diveway. then proceed to not use the clutch when leavig and grind the **** outta the gears.
Old Feb 11, 2008 | 09:33 PM
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then ask for a refund



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