Considering selling
Banned Scam/Spammer
Joined: Jan 2019
Posts: 346
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OP;
Sell! Do your cost benefit analysis, remember the principle of "Time value of Money"?
Post #4 "No and yes" = Is an oxymoron.
Def: Time value of money-Money in the present is worth more then the same sum of money to be received in the future.
Def: Oxymoron- A figure of speech in which apparently contradictory terms.
Many thanks,
Ray
Sell! Do your cost benefit analysis, remember the principle of "Time value of Money"?
Post #4 "No and yes" = Is an oxymoron.
Def: Time value of money-Money in the present is worth more then the same sum of money to be received in the future.
Def: Oxymoron- A figure of speech in which apparently contradictory terms.
Many thanks,
Ray
Team Owner
Joined: Sep 2010
Posts: 32,042
Likes: 4,610
OP;
Sell! Do your cost benefit analysis, remember the principle of "Time value of Money"?
Post #4 "No and yes" = Is an oxymoron.
Def: Time value of money-Money in the present is worth more then the same sum of money to be received in the future.
Def: Oxymoron- A figure of speech in which apparently contradictory terms.
Many thanks,
Ray
Sell! Do your cost benefit analysis, remember the principle of "Time value of Money"?
Post #4 "No and yes" = Is an oxymoron.
Def: Time value of money-Money in the present is worth more then the same sum of money to be received in the future.
Def: Oxymoron- A figure of speech in which apparently contradictory terms.
Many thanks,
Ray
As a lifetime saver and investor, I realized the costs up front. Many ppl don't analyze this aspect of when they spend money. I always have.
Is it worth it to you (generic you) paying $250,000.00 for the time value of ownership of a C7 for say 10 years? If the answer is yes, then go ahead with it.
When I considered selling my 1.5 year old 1977 C3 L82, I considered the time value of keeping or selling it. The answer was to sell it. I've made literally hundreds of thousands of dollars over 40 years by investing the sale price into investments. The C3? It would be worth a laughable $20 K in todays dollars. I sold it for $9,300.00 and multiplued that money by 30X+.
Last edited by Skid Row Joe; May 22, 2021 at 11:29 PM.
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Joined: Jun 2001
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From: Jacksonville Florida BWO Dayton, Cincinnati, Bloomsbury NJ, Cincinnati
2015 C7 of the Year Finalist
Flip a coin and end it one way or the other.
It's getting tiresome with the should I sell or keep threads.
Sell it or keep it.
End it.
Elmer
It's getting tiresome with the should I sell or keep threads.
Sell it or keep it.
End it.
Elmer
