[DeTomaso] Should we purchase vintage cars for our investment portfolio?
Joseph F. Byrd, Jr.
byrdjf at embarqmail.com
Wed Aug 19 12:21:50 EDT 2015
I had never seen a LOG scale used to show stock price history!
I hope you got the majority of you ESP out!
-----Original Message-----
From: DeTomaso [mailto:detomaso-bounces at poca.com] On Behalf Of Thomas
Tornblom
Sent: Wednesday, August 19, 2015 10:08 AM
To: detomaso at poca.com
Subject: Re: [DeTomaso] Should we purchase vintage cars for our investment
portfolio?
I joined Sun in Nov 1996 and got on the employee stock purchase program
where we could buy Sun stock for part of our salary, at a 15% discount.
In the years they had normally two 1:2 splits per year.
You can see the stock price at: http://k0lee.com/2009/10/sun-also-sets/
I learned after I had bought the car that my wife was not happy about me
buying it, and beeing male I guess I was blind to any hints to that effect.
After I explained that if I had kept the Sun Stock it would have only been
worth about 1/5:th of what the car was worth, and with the recent hike it is
now more like 1/10:th.
She's happy now :)
Cheers,
Thomas
Den 2015-08-19 14:12, Sean Korb skrev:
> I really never thought of it that way... I had very meager retirement
> savings at the time but I bought my Pantera with everything I had,
> cashed out in 2000.A It survived both that recession and the next and
> has tripled in value.A Not bad!
> But that has nothing to do with why I bought it and still own it :)
> sean
>
> On Wed, Aug 19, 2015 at 12:35 AM, thomas <[1]thomas at hax.se> wrote:
>
> I sold most of my Sun Microsystems stock to buy my GT5 in March
> 2000. That has turned out to be the best timed deal ever for me.
> Thomas
>
> > 19 aug 2015 kl. 01:10 skrev Jeff Detrich <[2]jjdetrich at gmail.com>:
> >
> >A A If you had used some of your stock portfolio to buy a classic or
> >A A vintage car just before the stock market crash, it would have
> saved you
> >A A from losing a lot of money on those assets. Does that count?
> >A A Jeff
> >
> >A A On Mon, Aug 17, 2015 at 6:03 PM, John Taphorn
> >A A <[1][3]jtaphorn at kingwoodcable.com> wrote:
> >
> >A A A This Bloomberg story greeted me at my office this morning.
> Here is
> >A A A one person's opinion on vintage cars as an investment.AA
> Would you
> >A A A agree?
> >A A
> A
[2][4]http://www.fa-mag.com/news/why-a-classic-car-is--almost--never-
> a-
> >A A
> A good-investment-22791.html?utm_source=PW+Subscribers&utm_campaign=f7
> >A A
> A ee052d6d-PWN_PW+News_081715&utm_medium=email&utm_term=0_1899ce8517-f
> >A A A 7ee052d6d-232404493
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> >
> >A A 1. mailto:[7]jtaphorn at kingwoodcable.com
> >A A 2.
>
[8]http://www.fa-mag.com/news/why-a-classic-car-is--almost--never-a-goo
>
d-investment-22791.html?utm_source=PW+Subscribers&utm_campaign=f7ee052d
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> --
> Sean Korb [15]spkorb at spkorb.org [16]http://www.spkorb.org
> '65,'68 Mustangs,'68 Cougar,'78 R100/7,'60 Metro,'59 A35,'71 Pantera
> #1382
> "The more you drive, the less intelligent you get" --Miller
> "Computers are useless.A They can only give you answers." -P.
> Picasso
>
> References
>
> 1. mailto:thomas at hax.se
> 2. mailto:jjdetrich at gmail.com
> 3. mailto:jtaphorn at kingwoodcable.com
> 4. http://www.fa-mag.com/news/why-a-classic-car-is--almost--never-a-
> 5. mailto:DeTomaso at poca.com
> 6. http://poca.com/mailman/listinfo/detomaso_poca.com
> 7. mailto:jtaphorn at kingwoodcable.com
> 8.
http://www.fa-mag.com/news/why-a-classic-car-is--almost--never-a-good-invest
ment-22791.html?utm_source=PW+Subscribers&utm_campaign=f7ee052d6d-PWN_PW+New
s_081715&utm_medium=email&utm_term=0_1899ce8517-f7ee052d6d-232404493
> 9. mailto:DeTomaso at poca.com
> 10. http://poca.com/mailman/listinfo/detomaso_poca.com
> 11. mailto:DeTomaso at poca.com
> 12. http://poca.com/mailman/listinfo/detomaso_poca.com
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> 15. mailto:spkorb at spkorb.org
> 16. http://www.spkorb.org/
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--
Real life: Thomas Törnblom Email: thomas at hax.se
Snail mail: Banvallsvägen 14 Phone: +46 18 32 31 18
S - 754 40 Uppsala, Sweden Mobile: +46 76 209 8320
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