[DeTomaso] Fw: Fw: Fw: Fw: if only . . . .

Fri Mar 9 17:33:59 EST 2007

A little different here in the North. Primary residence profits are capital 
gains/tax free.
Nonetheless, whether it's cars or real estate, it's still a gamble.
If you want to make money, guaranteed, do the exact opposite of what I do.
Will

----- Original Message ----- 
From: "Christopher Kimball" <chrisvkimball at msn.com>
To: <wdemelo at cogeco.ca>; <detomaso at realbig.com>
Sent: Friday, March 09, 2007 5:20 PM
Subject: RE: [DeTomaso] Fw: Fw: Fw: if only . . . .

> Actually, in general, real estate returns between 4 and 5% annually, over 
> time.  Just like in anything we all hear about the guy who bought 
> waterfront property for pennies and sold it for millions, but no one 
> mentions the thousands of people who lost thier shorts in various housing 
> bubbles (say, California in the late '80's...)
>
> If you bought a house in 1950 for $25,000 and sold it today for 
> $1,000,000, and you're single, after taxes you would have made a whopping 
> after-tax return of...(drum roll, please...) 6.5%!
>
> Chris
>
>
>>From: "Will Demelo" <wdemelo at cogeco.ca>
>>To: <detomaso at realbig.com>
>>Subject: [DeTomaso] Fw:  Fw:  Fw:  if only . . . .
>>Date: Fri, 9 Mar 2007 16:51:16 -0500
>>
>>My Father sold that $9500 property 2 years ago for $1.6mil.
>>Cars are a gamble as an investment. Real estate isn't. Unless you are me. 
>>I
>>bought my first house in 1989. The absolute highest price one could pay. 
>>It
>>took me 10 years to get my money back.
>>Will (financial loser) D.
>>----- Original Message -----
>>From: "Larry - Ohio Time Corp." <larry at ohiotimecorp.com>
>>To: "Will Demelo" <wdemelo at cogeco.ca>; <detomaso at realbig.com>
>>Sent: Friday, March 09, 2007 9:54 AM
>>Subject: Re: [DeTomaso] Fw: Fw: if only . . . .
>>
>>
>> > Will,
>> >
>> > Pops bought his house in the bergs of Cleveland around 1950 for 
>> > $10,000.
>> > Normal 50's bungalow on city lot. It is up for sale right now 100K.
>> >
>> > In 1970 I bought a 1966 Chevelle convertible, 6 cyl with blown trans 
>> > for
>> > $15. I was very happy when I sold it for $375 a year latter. That was
>> > until I saw one sell at BJ this year for 30K.
>> >
>> > Larry (my money goes down) - Cleveland
>> >
>> >
>> > ----- Original Message -----
>> > From: "Will Demelo" <wdemelo at cogeco.ca>
>> > To: <detomaso at realbig.com>
>> > Sent: Thursday, March 08, 2007 7:40 PM
>> > Subject: [DeTomaso] Fw: Fw: if only . . . .
>> >
>> >
>> >>
>> >> Uhh, the planet earth. My father bought his first commercial building
>>in
>> >> downtown Toronto for $9500 in 1963.
>> >> Will
>> >> ----- Original Message -----
>> >> From: "Douglas Kelm" <dakelm at qwest.net>
>> >> To: "Will Demelo" <wdemelo at cogeco.ca>; <detomaso at realbig.com>
>> >> Sent: Thursday, March 08, 2007 5:31 PM
>> >> Subject: Re: [DeTomaso] Fw: if only . . . .
>> >>
>> >>
>> >>> On what planet was that?
>> >>>
>> >>> Doug
>> >>>
>> >>> ----- Original Message -----
>> >>> From: "Will Demelo" <wdemelo at cogeco.ca>
>> >>> To: <detomaso at realbig.com>
>> >>> Sent: Thursday, March 08, 2007 2:46 PM
>> >>> Subject: [DeTomaso] Fw: if only . . . .
>> >>>
>> >>>
>> >>>> Let's not forget that one could buy a house for $6k in 1966.
>> >>>> Will
>> >>>> ----- Original Message -----
>> >>>> From: "Jim Gray" <jim.gray at wnlic.com>
>> >>>> To: "Adin, David" <DavidAdin at mercydurango.org>; "panteras"
>> >>>> <detomaso at realbig.com>
>> >>>> Sent: Thursday, March 08, 2007 3:35 PM
>> >>>> Subject: Re: [DeTomaso] if only . . . .
>> >>>>
>> >>>>
>> >>>> > There are a lot of those "what ifs".  I remember seeing an ad in
>>one
>> >>>> > of
>> >>>> > the
>> >>>> > car magazines in the late '60's where Delmo Johnson in Ft. Worth
>>was
>> >>>> > selling
>> >>>> > his Grand Sport (one of only 5) Corvette, less engine, for $5,800.
>>I
>> >>>> > think
>> >>>> > the last time one of those actually changed hands recently it was
>>for
>> >>> like
>> >>>> > $3 mil.
>> >>>> >
>> >>>> > Jim "if only" Gray
>> >>>> >
>> >>>> > -----Original Message-----
>> >>>> > From: detomaso-bounces at realbig.com
>> >>> [mailto:detomaso-bounces at realbig.com]On
>> >>>> > Behalf Of Adin, David
>> >>>> > Sent: Thursday, March 08, 2007 2:17 PM
>> >>>> > To: panteras
>> >>>> > Subject: [DeTomaso] if only . . . .
>> >>>> >
>> >>>> >
>> >>>> >
>> >>>> > Just ran across this . . .
>> >>>> >
>> >>>> >
>> >>>> >
>> >>>> > http://www.thecobraferrariwars.com/files/16671557.pdf
>> >>>> >
>> >>>> >
>> >>>> >
>> >>>> > If I had seen this in 1966 life would have been quite different
>> >>>> > (living
>> >>>> > in a cardboard box down by the river sooner, I imagine.)
>> >>>> >
>> >>>> >
>> >>>> >
>> >>>> >
>> >>>> >
>> >>>> > Cheers,
>> >>>> >
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