$25k is still too much

You are smoking crack if you think this car price will CERTAINLY rise and the stock market is foolish speculation.

 

That's sort of a circular statement. Of course they didn't lose money, or else they didn't invest it properly.

It's like saying, I don't know anyone that lost, as long as they won.

As an aside, I know tons of people that have lost millions in the stock market during the bubble burst. Sure since then the market has really come back, but you run into the gambler's ruin problem. You don't have an infinite amount of money to lose, once you lose to a certain point, you are reluctant to jump back in again.

Of course these people didn't invest "properly" according to your definition, but they definitely did as much research as they could and followed all the books, advice, etc.

 

For all the idiots complaining about the car's interior, I can't believe I have to tell you to shut up about a car that was designed over 25 years ago. If that's your only argument, that's as lame as it gets. Comparing a GNX interior to an modern-day Aston's? At least I won't lose money buying the GNX. That Aston will be worth *maybe* 60 grand 3-4 years after it's new. You can find the current generation Maserati coupes in the $50ks now.

Cars are money pits in general, but the GNX is the rare piece that continues to appreciate. Few currently produced exotics are likely to appreciate as well into the future.

 

[QUOTE=565565,May 9 2007, 08:38 AM] As an aside,

 

Nope....just randomly pulled this fund from thin air....

MFS Total Return Fund, Avg. Annual Return since inception, 10/1970
10.85% (includes sales charges.)

I'm sure there are others...I just used this as an example....

 

You are right about comparing it to a modern interior, but, it is still assariffic. There are plenty of 25 year old cars with nicer interiors.
My '87 Starion and my 85.5 944 were awesome interiors....the GN?

 

Thats for a regular GN. KBB doesn't have a value for the GNX that I could find. But NADA (which is usually lower than KBB) lists this car at $91,750 for high retail. They don't take miles into consideration. They note that high retail doen't include never driven museum pieces. They don't offer a price for those because they are too rare.