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06-28-2016, 11:16 AM | #91 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
However, if you are a junk runner, you don't tag them. And they're also not depreciating if you pay nothing for them. If you have a field full of $10,000 10 year old cars, yep, you're right. But junk runners don't do that. |
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Posts: 58,014
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06-28-2016, 12:01 PM | #92 | |
Shit
Join Date: Jun 2008
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Quote:
thats why you have failed in life... |
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Posts: 55,715
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06-28-2016, 12:04 PM | #93 | |
Shit
Join Date: Jun 2008
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Quote:
but you are totally correct i title them in my name but never tag them. why would I? i probably turn more profit from that than halfwit does in everything he does in life. EDIT: most of the classics i'm buying are only gaining value, they only made so many and there are only so many left... and while typing this i got a call on the 69 camaro. i think its sold tonight. add another 1500 bucks on top of the 10 grand from a $3000 cash and 2 saturdays of work investment, PLUS i still get to keep the truck i wanted and a car hauler trailer and gave another car hauler to the kid who works for me too... Last edited by SAUTO; 06-28-2016 at 02:47 PM.. |
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Posts: 55,715
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06-28-2016, 12:14 PM | #94 |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
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I thought I had a decent idea with an app that those with junk lots can choose to list what they have available parts wise and therefore be matched up with potential buyers. Lo and behold it had already been done. I hate seeing acres of discarded hunks of metal that just sit there for years on end.. just seemed so wasteful.
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Posts: 44,189
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06-28-2016, 12:14 PM | #95 |
In Search of a Life
Join Date: Aug 2005
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"I reckin' I better sell some more weed so I can buy some barns to store my junk cars in!"
Last edited by Halfcan; 10-17-2017 at 08:40 AM.. |
Posts: 43,200
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06-28-2016, 12:28 PM | #96 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
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Posts: 58,014
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06-28-2016, 12:49 PM | #97 |
Shit
Join Date: Jun 2008
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Posts: 55,715
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06-28-2016, 02:23 PM | #98 | |
In BB I trust
Join Date: May 2003
Location: Boston, Mass.
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Quote:
Part of the answer was inflation was sky high. Year over year income was increasing dramatically too. Basically, take all your income, your obligations, your assets, and add a zero to everything year over year, and you sort of get to the same result. Everything is the same, just "more". The people that got screwed were people that were laid off, or on fixed income, etc., or who were just sitting on cash and not deploying it. Then you get killed becuase costs/expenses are increasing dramatically, but income isn't. |
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Posts: 43,125
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06-28-2016, 02:27 PM | #99 | ||
In BB I trust
Join Date: May 2003
Location: Boston, Mass.
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Quote:
So you said this: Quote:
Which I read as suggesting that you ivnest in IMMATURE businesses and industries, which necessarily entail higher risk. For ****'s sake, that is precisely WHY you get a higher return, potentially. Because you ARE accepting higher risk. Which is fine, but it's takes alot more work, patience, effort and knowledge versus, say, putting in a fixed amount every month like clockwork into a total stock index fund, or Vanguard 500 index fund. I didn't say your approach was invalid, I simply said it's higher risk, higher reward, and higher maintenance. I can't fathom that you disagree. |
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Posts: 43,125
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06-28-2016, 02:30 PM | #100 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
Good times had by all. And by all I mean no one. |
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Posts: 58,014
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06-28-2016, 05:03 PM | #101 | |
Molôn Labé
Join Date: Sep 2001
Location: North Carolina
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Quote:
When I was young I got up to my ass in debt and I didn't like the way it felt so I said never again.. I just don't spend alot of money and I have a wife that is the same way. I live in an average size house in an average neighborhood but the cost of living is lower here than most places ... I have been blessed with health and my family has too, I feel sorry for people who lose it all to medical bills ... I never had to have the best when I bought something but I always tried to buy quality and take care of it. I was lucky to get a good job with a good company that paid well ... LTL Trucking pays good, it's hard work and long hours but it pays good but I know it's not everyones cup of tea. |
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06-28-2016, 06:20 PM | #102 |
Three-Pat
Join Date: May 2011
Location: Colorado Springs
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Posts: 18,247
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06-28-2016, 06:23 PM | #103 |
Three-Pat
Join Date: May 2011
Location: Colorado Springs
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People's reactions to market fluctuations always fascinate me. Only in the market will the average person buy high and sell low.
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Posts: 18,247
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06-28-2016, 06:32 PM | #104 | |
Seeking the Truth daily
Join Date: Jan 2006
Location: In the Country in MO
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Quote:
Id kill for a 69 mach 1 but wife would kill me. |
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Posts: 53,896
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06-28-2016, 06:34 PM | #105 | |
Shit
Join Date: Jun 2008
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Quote:
Scrap isn't worth my time. I did it myself a couple times and felt like I lost money. |
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Posts: 55,715
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