Where is the best place to put my money?

[briansd1]

[quote=socrattt]
I was recently foolish enough to buy the exact same car, yes a 2007 Chevy Tahoe, loaded with everything (4×4, nav, dvd, etc.) and similar miles to the one I sold and couldn’t get it for less than $28K (I had to buy it out of Texas and have it shipped). [/quote]

What company did you us to ship your car? I need to ship a small truck back East. The used trucks back East are all rusted so it’s better to buy them here.

[quote=socrattt]
I challenge anyone to prove me wrong, but certain vehicles have responded opposite,
[/quote]

Depends on the car. But generally, if you buy a new car, at the lower and mid level, you now get more vehicle for the money.

Toyota Tacomas really hold their values for a long time, especially the clean, low mileage ones.

Cadillacs are definitely deflationary on the used market. You can get a used (formerly expensive car) for next to nothing.

[quote=socrattt]
which makes me believe we are facing inflationary forces along with deflationary.
[/quote]

Anything made in China is deflationary. I bought some garden tools at Sears. You can buy shears and other fairly good quality garden tools for less then $10. Use them and throw them away.

In my grand father’s time, they were precious tools. You cleaned them and oiled them to prevent rust after use.

Quality food, utilities and services are inflationary.

[briansd1]

Where to invest your money?

We may have to do what the Japanese have been doing — look for investing opportunities overseas.

I think what we’ll be in for an extended period of slow growth just like Japan but not quite as bad as Japan because we have population growth.

We borrowed too much to goose up spending. Consumers are tapped out and now is time to pay back. Of course, globalization is creating worldwide competitors for our labor and creativity.

Interesting article from NY Times:

On Thursday, James Bullard, the president of the Federal Reserve Bank of St. Louis, warned that the Fed’s current policies were putting the American economy at risk of becoming “enmeshed in a Japanese-style deflationary outcome within the next several years.”

[briansd1]

Where to invest your money?

We may have to do what the Japanese have been doing — look for investing opportunities overseas.

I think what we’ll be in for an extended period of slow growth just like Japan but not quite as bad as Japan because we have population growth.

We borrowed too much to goose up spending. Consumers are tapped out and now is time to pay back. Of course, globalization is creating worldwide competitors for our labor and creativity.

Interesting article from NY Times:

On Thursday, James Bullard, the president of the Federal Reserve Bank of St. Louis, warned that the Fed’s current policies were putting the American economy at risk of becoming “enmeshed in a Japanese-style deflationary outcome within the next several years.”

[briansd1]

Where to invest your money?

We may have to do what the Japanese have been doing — look for investing opportunities overseas.

I think what we’ll be in for an extended period of slow growth just like Japan but not quite as bad as Japan because we have population growth.

We borrowed too much to goose up spending. Consumers are tapped out and now is time to pay back. Of course, globalization is creating worldwide competitors for our labor and creativity.

Interesting article from NY Times:

On Thursday, James Bullard, the president of the Federal Reserve Bank of St. Louis, warned that the Fed’s current policies were putting the American economy at risk of becoming “enmeshed in a Japanese-style deflationary outcome within the next several years.”

[briansd1]

Where to invest your money?

We may have to do what the Japanese have been doing — look for investing opportunities overseas.

I think what we’ll be in for an extended period of slow growth just like Japan but not quite as bad as Japan because we have population growth.

We borrowed too much to goose up spending. Consumers are tapped out and now is time to pay back. Of course, globalization is creating worldwide competitors for our labor and creativity.

Interesting article from NY Times:

On Thursday, James Bullard, the president of the Federal Reserve Bank of St. Louis, warned that the Fed’s current policies were putting the American economy at risk of becoming “enmeshed in a Japanese-style deflationary outcome within the next several years.”

[briansd1]

Where to invest your money?

We may have to do what the Japanese have been doing — look for investing opportunities overseas.

I think what we’ll be in for an extended period of slow growth just like Japan but not quite as bad as Japan because we have population growth.

We borrowed too much to goose up spending. Consumers are tapped out and now is time to pay back. Of course, globalization is creating worldwide competitors for our labor and creativity.

Interesting article from NY Times:

On Thursday, James Bullard, the president of the Federal Reserve Bank of St. Louis, warned that the Fed’s current policies were putting the American economy at risk of becoming “enmeshed in a Japanese-style deflationary outcome within the next several years.”

[socrattt]

[quote=briansd1][quote=socrattt]
I was recently foolish enough to buy the exact same car, yes a 2007 Chevy Tahoe, loaded with everything (4×4, nav, dvd, etc.) and similar miles to the one I sold and couldn’t get it for less than $28K (I had to buy it out of Texas and have it shipped). [/quote]

What company did you us to ship your car? I need to ship a small truck back East. The used trucks back East are all rusted so it’s better to buy them here.

[quote=socrattt]
I challenge anyone to prove me wrong, but certain vehicles have responded opposite,
[/quote]

Depends on the car. But generally, if you buy a new car, at the lower and mid level, you now get more vehicle for the money.

Toyota Tacomas really hold their values for a long time, especially the clean, low mileage ones.

Cadillacs are definitely deflationary on the used market. You can get a used (formerly expensive car) for next to nothing.

[/quote]

Brian, I used http://www.reserveautotransport.com to ship my car. I think they have a local office here somewhere but they came highly referred and I couldn’t find a better deal out there to ship. I think I got my Tahoe over from Houston for $600 +/-. Everywhere else quoted me $900-$1K+

I’ll have to argue your Caddy point as I was looking for an Escalade as well. Don’t get down on me :). I hate flashy cars, but I figured if I could get a deal on one I’d buy it. Can’t touch a 2007 with average miles for less than $38K. Doesn’t sound like a deal to me for a nearly 4 year old car that has zero demand. $30K and I am buyer!!

I am a savvy buyer/investor (obviously not an investor in vehicles) and I know how to buy, I just see a super odd market right now with cars along with other products that you would think would actually be headed south in a deflationary period.

[socrattt]

[quote=briansd1][quote=socrattt]
I was recently foolish enough to buy the exact same car, yes a 2007 Chevy Tahoe, loaded with everything (4×4, nav, dvd, etc.) and similar miles to the one I sold and couldn’t get it for less than $28K (I had to buy it out of Texas and have it shipped). [/quote]

What company did you us to ship your car? I need to ship a small truck back East. The used trucks back East are all rusted so it’s better to buy them here.

[quote=socrattt]
I challenge anyone to prove me wrong, but certain vehicles have responded opposite,
[/quote]

Depends on the car. But generally, if you buy a new car, at the lower and mid level, you now get more vehicle for the money.

Toyota Tacomas really hold their values for a long time, especially the clean, low mileage ones.

Cadillacs are definitely deflationary on the used market. You can get a used (formerly expensive car) for next to nothing.

[/quote]

Brian, I used http://www.reserveautotransport.com to ship my car. I think they have a local office here somewhere but they came highly referred and I couldn’t find a better deal out there to ship. I think I got my Tahoe over from Houston for $600 +/-. Everywhere else quoted me $900-$1K+

I’ll have to argue your Caddy point as I was looking for an Escalade as well. Don’t get down on me :). I hate flashy cars, but I figured if I could get a deal on one I’d buy it. Can’t touch a 2007 with average miles for less than $38K. Doesn’t sound like a deal to me for a nearly 4 year old car that has zero demand. $30K and I am buyer!!

I am a savvy buyer/investor (obviously not an investor in vehicles) and I know how to buy, I just see a super odd market right now with cars along with other products that you would think would actually be headed south in a deflationary period.

[socrattt]

[quote=briansd1][quote=socrattt]
I was recently foolish enough to buy the exact same car, yes a 2007 Chevy Tahoe, loaded with everything (4×4, nav, dvd, etc.) and similar miles to the one I sold and couldn’t get it for less than $28K (I had to buy it out of Texas and have it shipped). [/quote]

What company did you us to ship your car? I need to ship a small truck back East. The used trucks back East are all rusted so it’s better to buy them here.

[quote=socrattt]
I challenge anyone to prove me wrong, but certain vehicles have responded opposite,
[/quote]

Depends on the car. But generally, if you buy a new car, at the lower and mid level, you now get more vehicle for the money.

Toyota Tacomas really hold their values for a long time, especially the clean, low mileage ones.

Cadillacs are definitely deflationary on the used market. You can get a used (formerly expensive car) for next to nothing.

[/quote]

Brian, I used http://www.reserveautotransport.com to ship my car. I think they have a local office here somewhere but they came highly referred and I couldn’t find a better deal out there to ship. I think I got my Tahoe over from Houston for $600 +/-. Everywhere else quoted me $900-$1K+

I’ll have to argue your Caddy point as I was looking for an Escalade as well. Don’t get down on me :). I hate flashy cars, but I figured if I could get a deal on one I’d buy it. Can’t touch a 2007 with average miles for less than $38K. Doesn’t sound like a deal to me for a nearly 4 year old car that has zero demand. $30K and I am buyer!!

I am a savvy buyer/investor (obviously not an investor in vehicles) and I know how to buy, I just see a super odd market right now with cars along with other products that you would think would actually be headed south in a deflationary period.

[socrattt]

[quote=briansd1][quote=socrattt]
I was recently foolish enough to buy the exact same car, yes a 2007 Chevy Tahoe, loaded with everything (4×4, nav, dvd, etc.) and similar miles to the one I sold and couldn’t get it for less than $28K (I had to buy it out of Texas and have it shipped). [/quote]

What company did you us to ship your car? I need to ship a small truck back East. The used trucks back East are all rusted so it’s better to buy them here.

[quote=socrattt]
I challenge anyone to prove me wrong, but certain vehicles have responded opposite,
[/quote]

Depends on the car. But generally, if you buy a new car, at the lower and mid level, you now get more vehicle for the money.

Toyota Tacomas really hold their values for a long time, especially the clean, low mileage ones.

Cadillacs are definitely deflationary on the used market. You can get a used (formerly expensive car) for next to nothing.

[/quote]

Brian, I used http://www.reserveautotransport.com to ship my car. I think they have a local office here somewhere but they came highly referred and I couldn’t find a better deal out there to ship. I think I got my Tahoe over from Houston for $600 +/-. Everywhere else quoted me $900-$1K+

I’ll have to argue your Caddy point as I was looking for an Escalade as well. Don’t get down on me :). I hate flashy cars, but I figured if I could get a deal on one I’d buy it. Can’t touch a 2007 with average miles for less than $38K. Doesn’t sound like a deal to me for a nearly 4 year old car that has zero demand. $30K and I am buyer!!

I am a savvy buyer/investor (obviously not an investor in vehicles) and I know how to buy, I just see a super odd market right now with cars along with other products that you would think would actually be headed south in a deflationary period.

[socrattt]

[quote=briansd1][quote=socrattt]
I was recently foolish enough to buy the exact same car, yes a 2007 Chevy Tahoe, loaded with everything (4×4, nav, dvd, etc.) and similar miles to the one I sold and couldn’t get it for less than $28K (I had to buy it out of Texas and have it shipped). [/quote]

What company did you us to ship your car? I need to ship a small truck back East. The used trucks back East are all rusted so it’s better to buy them here.

[quote=socrattt]
I challenge anyone to prove me wrong, but certain vehicles have responded opposite,
[/quote]

Depends on the car. But generally, if you buy a new car, at the lower and mid level, you now get more vehicle for the money.

Toyota Tacomas really hold their values for a long time, especially the clean, low mileage ones.

Cadillacs are definitely deflationary on the used market. You can get a used (formerly expensive car) for next to nothing.

[/quote]

Brian, I used http://www.reserveautotransport.com to ship my car. I think they have a local office here somewhere but they came highly referred and I couldn’t find a better deal out there to ship. I think I got my Tahoe over from Houston for $600 +/-. Everywhere else quoted me $900-$1K+

I’ll have to argue your Caddy point as I was looking for an Escalade as well. Don’t get down on me :). I hate flashy cars, but I figured if I could get a deal on one I’d buy it. Can’t touch a 2007 with average miles for less than $38K. Doesn’t sound like a deal to me for a nearly 4 year old car that has zero demand. $30K and I am buyer!!

I am a savvy buyer/investor (obviously not an investor in vehicles) and I know how to buy, I just see a super odd market right now with cars along with other products that you would think would actually be headed south in a deflationary period.

[andymajumder]

Actually has anybody looked into lending money through sites such as Prosper.com
I have a cousin who does that and he claims he’s been getting a pretty good return on his investment.

[andymajumder]

Actually has anybody looked into lending money through sites such as Prosper.com
I have a cousin who does that and he claims he’s been getting a pretty good return on his investment.

[andymajumder]

Actually has anybody looked into lending money through sites such as Prosper.com
I have a cousin who does that and he claims he’s been getting a pretty good return on his investment.

[andymajumder]

Actually has anybody looked into lending money through sites such as Prosper.com
I have a cousin who does that and he claims he’s been getting a pretty good return on his investment.

[Author]

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