A lesson in investments for you Noobs - Miata Turbo Forum - Boost cars, acquire cats.

Welcome to Miataturbo.net   Members
 


Insert BS here A place to discuss anything you want

Reply
 
 
 
LinkBack Thread Tools Search this Thread
Old 02-11-2008, 04:51 PM   #1
Boost Czar
Thread Starter
iTrader: (61)
 
Braineack's Avatar
 
Join Date: May 2005
Location: Chantilly, VA
Posts: 72,899
Total Cats: 1,792
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
Braineack is offline   Reply With Quote
Old 02-11-2008, 04:54 PM   #2
Junior Member
iTrader: (3)
 
Join Date: Apr 2007
Location: San Diego CA
Posts: 399
Total Cats: 0
Default

why does the paint look like *** then...
teknikscian is offline   Reply With Quote
Old 02-11-2008, 04:55 PM   #3
Elite Member
iTrader: (9)
 
TurboTim's Avatar
 
Join Date: Jun 2006
Location: Chesterfield, NJ
Posts: 6,485
Total Cats: 248
Default

And why does it have over 400 miles?

I'll give him $3500.
TurboTim is offline   Reply With Quote
Old 02-11-2008, 05:09 PM   #4
Junior Member
 
Join Date: Nov 2007
Location: Boston
Posts: 90
Total Cats: 0
Default

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.
ldp82 is offline   Reply With Quote
Old 02-11-2008, 05:13 PM   #5
Elite Member
iTrader: (2)
 
Join Date: Jan 2007
Location: Lexington, SC
Posts: 2,084
Total Cats: 0
Default

i thought i was leading in my states retardency polls
mazda/nissan is offline   Reply With Quote
Old 02-11-2008, 05:16 PM   #6
Elite Member
iTrader: (24)
 
chriscar's Avatar
 
Join Date: Dec 2007
Location: Carrollton TX
Posts: 1,702
Total Cats: 13
Default

Quote:
I purchased car to preserve just for fun.
Oh yeah, tons of fun right there.

C
chriscar is offline   Reply With Quote
Old 02-11-2008, 05:22 PM   #7
Elite Member
iTrader: (6)
 
Loki047's Avatar
 
Join Date: Sep 2005
Location: Chicago
Posts: 4,145
Total Cats: 0
Default

Quote:
Originally Posted by Braineack View Post
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.
Loki047 is offline   Reply With Quote
Old 02-11-2008, 05:28 PM   #8
y8s
2 Props,3 Dildos,& 1 Cat
iTrader: (8)
 
y8s's Avatar
 
Join Date: Jun 2005
Location: Fake Virginia
Posts: 19,038
Total Cats: 407
Default

yeah seriously, lets lose money kids! i wonder what that car paid in rent.
y8s is offline   Reply With Quote
Old 02-11-2008, 05:38 PM   #9
Elite Member
iTrader: (24)
 
Join Date: Jun 2007
Location: Sherman Oaks, CA
Posts: 4,481
Total Cats: 3
Default

eek? he should try Barrett-Jackson
UrbanSoot is offline   Reply With Quote
Old 02-11-2008, 05:41 PM   #10
Elite Member
iTrader: (2)
 
Join Date: Jan 2007
Location: Lexington, SC
Posts: 2,084
Total Cats: 0
Default

i bet it doesn't have a siftket

http://atlanta.craigslist.org/car/567591401.html
mazda/nissan is offline   Reply With Quote
Old 02-11-2008, 05:54 PM   #11
Elite Member
iTrader: (14)
 
Join Date: Mar 2006
Location: Edmonton, AB
Posts: 4,921
Total Cats: 0
Default

or alote done to it.
jayc72 is offline   Reply With Quote
Old 02-11-2008, 08:02 PM   #12
Senior Member
 
Join Date: Mar 2006
Posts: 1,379
Total Cats: 1
Default

LOL, if I had a **** load of money I would buy it and then crush it with a monster truck in his driveway.

Mark
Markp is offline   Reply With Quote
Old 02-11-2008, 08:23 PM   #13
Elite Member
iTrader: (3)
 
Mach929's Avatar
 
Join Date: Oct 2004
Location: lansdale PA
Posts: 2,500
Total Cats: 0
Default

Quote:
Originally Posted by Markp View Post
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
Mach929 is offline   Reply With Quote
Old 02-11-2008, 08:24 PM   #14
Elite Member
iTrader: (4)
 
Join Date: Sep 2006
Location: Charlotte, NC
Posts: 3,052
Total Cats: 7
Default

Quote:
Originally Posted by Markp View Post
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.
Efini~FC3S is offline   Reply With Quote
Old 02-11-2008, 08:29 PM   #15
Junior Member
iTrader: (4)
 
Join Date: Dec 2007
Location: Minneapolis
Posts: 415
Total Cats: 0
Default

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
Scuba_Steve is offline   Reply With Quote
Old 02-11-2008, 08:33 PM   #16
Elite Member
iTrader: (3)
 
Join Date: May 2006
Location: Houston, TX
Posts: 2,900
Total Cats: 0
Default

Quote:
Originally Posted by Markp View Post
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.
Arkmage is offline   Reply With Quote
Old 02-11-2008, 08:54 PM   #17
Junior Member
iTrader: (4)
 
Join Date: Dec 2007
Location: Minneapolis
Posts: 415
Total Cats: 0
Default

Quote:
Originally Posted by Arkmage View Post
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
Scuba_Steve is offline   Reply With Quote
Old 02-11-2008, 09:10 PM   #18
Elite Member
iTrader: (9)
 
Saml01's Avatar
 
Join Date: Jul 2007
Location: NYC
Posts: 5,730
Total Cats: 2
Default

BAHAAHAHAHHAHAHAHAHAHAHAHAHAHAAHHAHAHAHAHAH .....breath BAHAHAHAHAAHAHAHHHAHAHAHHAHAHAAAHA

That was ******* retarded, he should just kill himself.
Saml01 is offline   Reply With Quote
Old 02-11-2008, 09:11 PM   #19
Elite Member
iTrader: (12)
 
Join Date: Jan 2007
Location: Hermosa Beach, CA
Posts: 2,575
Total Cats: 11
Default

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.
cardriverx is offline   Reply With Quote
Old 02-11-2008, 10:33 PM   #20
Boost Czar
Thread Starter
iTrader: (61)
 
Braineack's Avatar
 
Join Date: May 2005
Location: Chantilly, VA
Posts: 72,899
Total Cats: 1,792
Default

then ask for a refund
Braineack is offline   Reply With Quote
 
 
Reply

Related Topics
Thread Thread Starter Forum Replies Last Post
MS PNP requires reading and following directions??? satisfied MEGAsquirt 141 10-06-2015 11:44 AM
Re-Spring Tein FLEX or replace? Mazdaspeeder Suspension, Brakes, Drivetrain 21 10-03-2015 07:45 PM
96 montego blue nOOb from Milwaukee Squiblez Meet and Greet 1 09-23-2015 02:50 AM
VE analyze and Autotune seems funny (noob) TorqueZombie MEGAsquirt 64 09-18-2015 06:03 PM
Compression test results Colipto General Miata Chat 3 09-11-2015 02:44 PM


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT -4. The time now is 08:53 PM.