On Tue, 22 Jan 2008 15:25:36 GMT, "JoeSpareBedroom"
wrote:

"DownTime" wrote in message
...
BAR wrote:
Also, we are in the process of deciding what new car we are going to buy.
We may be able to get a loan from with zero interest from the
dealer/manufacturer.

Be careful on that, they often provide the zero percent financing on
left-over cars or simply those stuck in inventory.


Why would that be a problem, if it's a car you want and it's not pre-owned?


You do realize that *all* cars are pre-owned, don't you?
I hope you don't suppose the dealer doesn't OWN the car you buy from
him. Perhaps you need to study how titles work.
Why don't you just say "used car?"
I hope you're not an adherent of some weird "language religion."
(Just caught a dose of snark here, and picked you as sneeze target.
Sorry. Take it all back. In fact I won't even send this message.)

On Tue, 22 Jan 2008 09:37:49 -0600, Vic Smith
wrote:

On Tue, 22 Jan 2008 15:25:36 GMT, "JoeSpareBedroom"
wrote:

"DownTime" wrote in message
m...
BAR wrote:
Also, we are in the process of deciding what new car we are going to buy.
We may be able to get a loan from with zero interest from the
dealer/manufacturer.

Be careful on that, they often provide the zero percent financing on
left-over cars or simply those stuck in inventory.


Why would that be a problem, if it's a car you want and it's not pre-owned?


You do realize that *all* cars are pre-owned, don't you?
I hope you don't suppose the dealer doesn't OWN the car you buy from
him. Perhaps you need to study how titles work.
Why don't you just say "used car?"
I hope you're not an adherent of some weird "language religion."
(Just caught a dose of snark here, and picked you as sneeze target.
Sorry. Take it all back. In fact I won't even send this message.)

ooops--fat finger. Or is it fathead?

--Vic

"Vic Smith" wrote in message
...
On Tue, 22 Jan 2008 15:25:36 GMT, "JoeSpareBedroom"
wrote:

"DownTime" wrote in message
m...
BAR wrote:
Also, we are in the process of deciding what new car we are going to
buy.
We may be able to get a loan from with zero interest from the
dealer/manufacturer.

Be careful on that, they often provide the zero percent financing on
left-over cars or simply those stuck in inventory.


Why would that be a problem, if it's a car you want and it's not
pre-owned?


You do realize that *all* cars are pre-owned, don't you?
I hope you don't suppose the dealer doesn't OWN the car you buy from
him. Perhaps you need to study how titles work.
Why don't you just say "used car?"
I hope you're not an adherent of some weird "language religion."
(Just caught a dose of snark here, and picked you as sneeze target.
Sorry. Take it all back. In fact I won't even send this message.)


Yeah I know - we're buying the cars from the bank. But anyway....my question
to DownTime still stands. Does he really think most buyers are unaware of
the fact that many dealers are loaded with inventory they can't sell fast
enough? They're pretty clear about it in their TV & radio commercials.

JoeSpareBedroom wrote:
"hk" wrote in message
. ..
JoeSpareBedroom wrote:
"hk" wrote in message
news wrote:
On Tue, 22 Jan 2008 08:50:19 -0500, hk wrote:

IBM is still in business?
They actually opened a couple bucks higher today. It is still about
16-17 bucks off the 52 week high. I am still not sure what they do
these days
Except for two stocks, we got out of the stock market years ago and
don't really pay any attention to it, except to chuckle over its
vagaries and the belief anyone pays to its "integrity."

What a silly generalization.
Perhaps you believe in the "generally accepted accounting practices" of
listed companies. We don't.


OK. What investments do you use which have consistently stayed ahead of
inflation?



These days, commercial real estate for income and appreciation, and some
raw land options which we picked up and exercised in the early 1990s.
Every couple of years we sell off a lot and at some point, we'll
probably sell the remaining lots to a respectable architect/developer.
We've done very well with the land speculation. :-)

We also bought gold in the low $400s. Not certificates, coins. And we
have some money invested in private businesses, a real speculation on
our part, but the bookkeepers are honest.

"hk" wrote in message
. ..
Tim wrote:
Wel, Harry. If you really don't pay attention to it,t hen why do you
point out the actions of the stock market here on rec. boats?

hk wrote:
wrote:
On Tue, 22 Jan 2008 08:50:19 -0500, hk wrote:

IBM is still in business?
They actually opened a couple bucks higher today. It is still about
16-17 bucks off the 52 week high. I am still not sure what they do
these days

Except for two stocks, we got out of the stock market years ago and
don't really pay any attention to it, except to chuckle over its
vagaries and the belief anyone pays to its "integrity."


It's the economy, stupid!

To me, it is just another indicator of the b.s. on the economy being fed
to boobus Americanus by the chief bushshi**er, George W. Bush. The sad
state of the economy, the lack of jobs, the foreclosures, the growing
number of Americans with no health insurance, et cetera, will play a big
role this fall in electing a president from the Democratic party and will
help give the Democrats a working majority in the House and Senate.

Which would you rather see-

Dow collapses to 4,000 guaranteeing that the Dems win the white house-

or

Dow reaches 15,000 reducing the chance that the Dems win the white house to
50%.

"Sam" wrote in message
news:Xdolj.14061$k15.12433@trnddc06...

"hk" wrote in message
. ..
Tim wrote:
Wel, Harry. If you really don't pay attention to it,t hen why do you
point out the actions of the stock market here on rec. boats?

hk wrote:
wrote:
On Tue, 22 Jan 2008 08:50:19 -0500, hk wrote:

IBM is still in business?
They actually opened a couple bucks higher today. It is still about
16-17 bucks off the 52 week high. I am still not sure what they do
these days

Except for two stocks, we got out of the stock market years ago and
don't really pay any attention to it, except to chuckle over its
vagaries and the belief anyone pays to its "integrity."


It's the economy, stupid!

To me, it is just another indicator of the b.s. on the economy being fed
to boobus Americanus by the chief bushshi**er, George W. Bush. The sad
state of the economy, the lack of jobs, the foreclosures, the growing
number of Americans with no health insurance, et cetera, will play a big
role this fall in electing a president from the Democratic party and will
help give the Democrats a working majority in the House and Senate.

Which would you rather see-

Dow collapses to 4,000 guaranteeing that the Dems win the white house-

or

Dow reaches 15,000 reducing the chance that the Dems win the white house
to 50%.


Neither choice is financially realistic. But, since when is reality the norm
for the stock market?

On Tue, 22 Jan 2008 15:33:41 GMT, "JoeSpareBedroom"
wrote:

"hk" wrote in message
...
JoeSpareBedroom wrote:
"hk" wrote in message
news wrote:
On Tue, 22 Jan 2008 08:50:19 -0500, hk wrote:

IBM is still in business?
They actually opened a couple bucks higher today. It is still about
16-17 bucks off the 52 week high. I am still not sure what they do
these days

Except for two stocks, we got out of the stock market years ago and
don't really pay any attention to it, except to chuckle over its
vagaries and the belief anyone pays to its "integrity."


What a silly generalization.

Perhaps you believe in the "generally accepted accounting practices" of
listed companies. We don't.


OK. What investments do you use which have consistently stayed ahead of
inflation?

I never bought stocks, and any profit sharing stocks were quickly
liquidated and put in my 401k money market fund. Poor interest, but
not much risk. As soon as I could pull money from the 401k it went
into federally insured IRA CD's. Decent interest (+5% for the last
two years, and hardly any risk.
Now, how did I stay ahead of inflation?
Simple. I kept my salary inflated.

--Vic

"hk" wrote in message
...
JoeSpareBedroom wrote:
"hk" wrote in message
. ..
JoeSpareBedroom wrote:
"hk" wrote in message
news wrote:
On Tue, 22 Jan 2008 08:50:19 -0500, hk
wrote:

IBM is still in business?
They actually opened a couple bucks higher today. It is still about
16-17 bucks off the 52 week high. I am still not sure what they do
these days
Except for two stocks, we got out of the stock market years ago and
don't really pay any attention to it, except to chuckle over its
vagaries and the belief anyone pays to its "integrity."

What a silly generalization.
Perhaps you believe in the "generally accepted accounting practices" of
listed companies. We don't.


OK. What investments do you use which have consistently stayed ahead of
inflation?

These days, commercial real estate for income and appreciation, and some
raw land options which we picked up and exercised in the early 1990s.
Every couple of years we sell off a lot and at some point, we'll probably
sell the remaining lots to a respectable architect/developer. We've done
very well with the land speculation. :-)

We also bought gold in the low $400s. Not certificates, coins. And we have
some money invested in private businesses, a real speculation on our part,
but the bookkeepers are honest.


Great. Other than the gold, the other investments aren't necessarily an
option for a lot of investors, either because they don't have the money, or
don't want to be in those businesses.

Look at the stock holdings in most decent mutual funds, and you won't
recognize half the companies. These investments work just fine.

"Vic Smith" wrote in message
...
On Tue, 22 Jan 2008 15:33:41 GMT, "JoeSpareBedroom"
wrote:

"hk" wrote in message
m...
JoeSpareBedroom wrote:
"hk" wrote in message
news wrote:
On Tue, 22 Jan 2008 08:50:19 -0500, hk
wrote:

IBM is still in business?
They actually opened a couple bucks higher today. It is still about
16-17 bucks off the 52 week high. I am still not sure what they do
these days

Except for two stocks, we got out of the stock market years ago and
don't really pay any attention to it, except to chuckle over its
vagaries and the belief anyone pays to its "integrity."


What a silly generalization.

Perhaps you believe in the "generally accepted accounting practices" of
listed companies. We don't.


OK. What investments do you use which have consistently stayed ahead of
inflation?

I never bought stocks, and any profit sharing stocks were quickly
liquidated and put in my 401k money market fund. Poor interest, but
not much risk. As soon as I could pull money from the 401k it went
into federally insured IRA CD's. Decent interest (+5% for the last
two years, and hardly any risk.
Now, how did I stay ahead of inflation?
Simple. I kept my salary inflated.

--Vic


As long as the 401k money market was your choice, not your employer's, I
guess you're happy. Hopefully, there were other investment choices with that
401k. Companies have been taken to court and beaten up badly for offering
only what they considered "safe".

JoeSpareBedroom wrote:
"hk" wrote in message
...
JoeSpareBedroom wrote:
"hk" wrote in message
. ..
JoeSpareBedroom wrote:
"hk" wrote in message
news wrote:
On Tue, 22 Jan 2008 08:50:19 -0500, hk
wrote:

IBM is still in business?
They actually opened a couple bucks higher today. It is still about
16-17 bucks off the 52 week high. I am still not sure what they do
these days
Except for two stocks, we got out of the stock market years ago and
don't really pay any attention to it, except to chuckle over its
vagaries and the belief anyone pays to its "integrity."
What a silly generalization.
Perhaps you believe in the "generally accepted accounting practices" of
listed companies. We don't.

OK. What investments do you use which have consistently stayed ahead of
inflation?
These days, commercial real estate for income and appreciation, and some
raw land options which we picked up and exercised in the early 1990s.
Every couple of years we sell off a lot and at some point, we'll probably
sell the remaining lots to a respectable architect/developer. We've done
very well with the land speculation. :-)

We also bought gold in the low $400s. Not certificates, coins. And we have
some money invested in private businesses, a real speculation on our part,
but the bookkeepers are honest.


Great. Other than the gold, the other investments aren't necessarily an
option for a lot of investors, either because they don't have the money, or
don't want to be in those businesses.

Look at the stock holdings in most decent mutual funds, and you won't
recognize half the companies. These investments work just fine.




I'm sure they do. But I don't actually believe in the underlying honesty
of either large corporations or stock markets.