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#24259 of 32000 Re: Long Road [ateixeira]
May 04, 2012 (12:07 pm)
Cool! It's nice being able to do that! I'll take a car note our for five years, God forbid I lose my job or become sick, so the minimum payment is low. However, I plan to pay it off in three years or less. I paid off my 2007 Cadillac DTS Performance that way.
#24260 of 32000 Re: Long Road [anythngbutgm]
May 04, 2012 (12:08 pm)
What do you make of this Facebook IPO?
#24261 of 32000 Re: Long Road [busiris]
May 04, 2012 (12:08 pm)
Ask him about the time value of money equations and see how he responds.
I suspect he'd agree with me. His two cars are an '07 Fusion and an '08 Chrysler Sebring (his sister owns a Chrysler dealership in another state). He admits to being a cheapskate...like me, he could afford 'nicer' cars but says, 'why?'.
#24262 of 32000 Re: Long Road [ateixeira]
May 04, 2012 (12:10 pm)
While I like the interior of the new Malibu better, I like the exterior less and it has less rear-seat legroom which I hate. I'd buy a 2012 and pocket the rest.
May 04, 2012 (12:17 pm)
I'm not sold on it, nor do I see anything special about it that would make me think it has the potential for growth. Actually I think it's opportune moment passed about 3 years ago...
Disclaimer: I am not an investor nor do I have knowledge or insider info on anything stock related. I have "gut instinct" which has gotten me into trouble about as much as it has paid off, lol (The Ford stock idea came from working in the Industry and seeing what was happening "behind the scenes")
#24265 of 32000 Re: Long Road [busiris]
May 04, 2012 (12:19 pm)
I vaguely remember that and I think you are correct...
Regarding FB, I think if anything, that whole "timeline" B.S. is driving more people away than luring them in...
#24266 of 32000 Re: Long Road [lemko]
May 04, 2012 (12:18 pm)
Lemko, do you have stock in Kramerica Corporation? The CEO has an intern from NYU, you know!
About the '56 Packards--they rode wonderfully (and I've ridden in several), but they can be a mechanical nightmare. They are solid and plush, but I'm not a fan of the high beltline and 'chunky' looks. I like them, looks-wise, better than a '54 or earlier one, though. Being a Studebaker guy, I'd prefer a '57 supercharged "Packardbaker" wagon, and I'd even consider a '58 Packard if it were a two-door hardtop. I like the proportions (hate the double fins of the '58 though), but trust me, I can see why Packard owners were disappointed then, to say the least!
Amazingly, with the exception of Caribbeans and the best Four-Hundreds out there, "Packardbakers" appear to repeatedly bring more on eBay, bodystyle for bodystyle, condition for condition, than earlier '50's Packards, despite what any value guide might say.
Among '56 Packards, I could certainly enjoy a Scottish Heather and white Four-Hundred hardtop! Beautiful interiors. Dick Teague did an excellent facelift on the '51 body without spending much money. Great taillights too of course!
#24267 of 32000 Re: Long Road [busiris]
May 04, 2012 (12:20 pm)
Didn't Cramer gain a bit of notoriety by advising folks to continue investing in Florida real estate even after the bubble had popped?
Have seen Cramer fess up to his mistakes. Don't know about Florida though.
Biden said their go-to guy on questions on the economy, financial was Jon Corzine. How is he and his investment company doing.
#24268 of 32000 Re: Long Road [anythngbutgm]
May 04, 2012 (12:25 pm)
Things like Facebook and other social media sites are very fickle. They rage until the public feels something better has arrived, then they flock to it wildly.
That doesn't mean money can't be made, but usually when these types finally make it to the IPO stage, much of the money that's going to be made... Already has been made.... For someone else.
And, the IPO system on Wall Street is "rigged" against the individual investor and geared towards the institutional investor group.