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Sedans Luxury Lounge
21399 messages, Last post on Nov 26, 2009 at 11:02 PM
You are in the Sedans Forum. Your Hosts are pat & karens
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To everyone who expressed their concerns about the economy I wish all of you the best especially Tag and OW. Back in August I boasted to my clients how many times wealthier they became with my services. Just as I became too complacent and my biggest concern back then were those traffic cops I yearn for those good ole days just a few month ago Oh well Warren Buffet has done a lot of mistakes lately too. Only difference between Buffett and myself is 50 Billion $. Nothing more.  I am still buying stocks hand over fist. Many good bargains. Though those great bargains tend to get discounted about 25 percent on a monthly basis. 
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Replying to: jlbl (Nov 21, 2008 3:59 am) Interest rates are low to fight deflation and economic stagnation. The low interest rates combined with issuing new money at a historicallly fast pace is highly inflationary and will likely kill off the risks of deflation. Unfortunately once deflation is killed we will end up with massive inflation and probably worse consequences than what we have today.  During deflationary periods the biggest beneficiaries are savers whose savings are worth more as prices drop. During inflationary periods the biggest beneficiaries are borrowers whose loans will be repaid with future dollars that are worth less. |
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Replying to: rockshocka1 (Nov 20, 2008 7:44 pm)
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Replying to: anthonyp (Nov 21, 2008 1:04 pm) Was going to ask where this display was, but dawned on me you are most likely in Miami. Good timing, it's unusually cold for this area right now. Haven't heard from our local Audi guys about an R8 to check out yet. ETA 45 days. Countdown is on!
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Replying to: rockshocka1 (Nov 21, 2008 2:04 pm)
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Replying to: anthonyp (Nov 22, 2008 7:33 am) I was behind an A5 the other day on the way back to the house, it is a great looking car. |
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What the hell happened here---Am I the only one alive here  Did everyone here decide to overcome their internet addictions  I just bought myself a spanking new iphone so I can engage with you fellows on a 24/7 basis and now all I hear are crickets. I think I will change my forum name to Omega Man (hint: a Charlton Heston movie) Jaguar was a money curse for Ford. And now Jaguar is a money curse for Tata. Some companies are best off being indepedent or dead. Tata Motors' $2.3 billion buy of the U.K.'s Land Rover and Jaguar car companies last March was touted as evidence of India Inc.'s growing clout -- with added spice, since the acquisitions were on India's former colonial ruler's home turf. But car sales are slumping, and it's now clear Tata Motors overpaid for its British trophy. Last month it had to launch a $828 million rights issue to help fund the bridging loan it needed for the deal. Now, there is a good chance that Jaguar Land Rover will seek a further line of credit from the U.K. government, either by itself or as part of an industry bailout. Lower demand for cars in India, meanwhile, is causing inventory pileups -- the company's having to cut production at its Jamshedphur base this week.
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Replying to: dewey (Nov 24, 2008 1:38 pm) I've been in New York City since Friday, and will spend 10 days here. Wow! What a great place to visit. I've been bottom feeding in the stock market for weeks, and those stocks are doing well, but it will be a very long time, if ever, that my retirement account will ever return to its previous high levels. Income is my issue. It is so much lower recently that there is little I can do to make ends meet for very long. I cannot invest my way out of this. By spring of next year I will either have to recover most my income or I'm busted. For now, we're going to make the best of Thanksgiving in NYC! And we'll try to get through Christmas. After that... ????? BTW, I've already posted that Jaguar is dead... looks like more evidence. TM |
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Replying to: dewey (Nov 24, 2008 1:38 pm) My car was parked next to a darker grey Audi STT convert one evening. So I could compare them to one another. Though my car resisted the comparison  , I could have given a drive tray to the other with no regrets.  . Regards, Jose
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