[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
>     >A  A  A JT
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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.
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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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-- 
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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