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Joined: Dec 2001
Posts: 2,676
Hard-core CEG'er
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Hard-core CEG'er
Joined: Dec 2001
Posts: 2,676 |
Originally posted by mercman: If I had of taken the 18,000 (purchase price) I spent on the car in 1997, and purchased shares of Harmon International, (if I remember @ 13.00 share) I would have had 1384 shares. Today a share of Harmon is worth $90. I would have had $124,560. Now that is an investment. My car could sell today for around $3500, not an investment.
jeff
I'm assuming you didn't finance the 18k?
Very interesting way to look at it. . .I think I've put 10k already into my car on top of the 22k pair for, EXLUDING the repairs, which come up to about 4k. So that's like 36k. I could've had a bimmer.

At least I can out accelerate, handle, and brake a 330i.
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