Forum Replies Created
-
AuthorPosts
-
XBoxBoy
ParticipantThreadkiller, you seem to be suffering from the misconception that prices of stocks are linked to the underlying fundamentals of the company. While that may seem like a reasonable idea, it just isn’t so. And before you venture into the world of wall street trading I highly recommend that you get past this line of thinking.
Stock prices instead are based on what traders think other traders will pay for the stock in the near future. Typically, when a company buys another company and then lays off a bunch of workers, that stock will bounce. I’ll leave it to others to argue if this makes business sense or not, but to me it doesn’t matter. This is what is routine and so this is what happens.
XBoxBoy
ParticipantThreadkiller, you seem to be suffering from the misconception that prices of stocks are linked to the underlying fundamentals of the company. While that may seem like a reasonable idea, it just isn’t so. And before you venture into the world of wall street trading I highly recommend that you get past this line of thinking.
Stock prices instead are based on what traders think other traders will pay for the stock in the near future. Typically, when a company buys another company and then lays off a bunch of workers, that stock will bounce. I’ll leave it to others to argue if this makes business sense or not, but to me it doesn’t matter. This is what is routine and so this is what happens.
XBoxBoy
ParticipantFWIW, I bought my pickup from Mossy Ford about five years ago and had a very good experience. They post the prices on the window with all the rebates and discounts. There was no negotiation on price, it was a take it or leave it. It was a 28k list price, end of model year (October) and the price shown was just over 20k. After agreeing to that price, they tried to sell me an extended warranty, which I declined. I was going to pay cash, but they offered me another 2k rebate if I would take out a loan and not pay it off for 4 months. In the end I got the truck for just over 18k, plus tax. Then paid about 250 in interest during those four months, and paid off the loan after that, so that was a pretty good deal.
I suppose if you are a really good negotiator, you could get a better deal at another dealer, but from my shopping around, I doubt I would have gotten 8-10k off from another dealer, so the set price model is way better for me. Not sure if they are still doing that or not though. It was over five years ago now.
XboxBoy
ParticipantFWIW, I bought my pickup from Mossy Ford about five years ago and had a very good experience. They post the prices on the window with all the rebates and discounts. There was no negotiation on price, it was a take it or leave it. It was a 28k list price, end of model year (October) and the price shown was just over 20k. After agreeing to that price, they tried to sell me an extended warranty, which I declined. I was going to pay cash, but they offered me another 2k rebate if I would take out a loan and not pay it off for 4 months. In the end I got the truck for just over 18k, plus tax. Then paid about 250 in interest during those four months, and paid off the loan after that, so that was a pretty good deal.
I suppose if you are a really good negotiator, you could get a better deal at another dealer, but from my shopping around, I doubt I would have gotten 8-10k off from another dealer, so the set price model is way better for me. Not sure if they are still doing that or not though. It was over five years ago now.
XboxBoy
ParticipantFWIW, I bought my pickup from Mossy Ford about five years ago and had a very good experience. They post the prices on the window with all the rebates and discounts. There was no negotiation on price, it was a take it or leave it. It was a 28k list price, end of model year (October) and the price shown was just over 20k. After agreeing to that price, they tried to sell me an extended warranty, which I declined. I was going to pay cash, but they offered me another 2k rebate if I would take out a loan and not pay it off for 4 months. In the end I got the truck for just over 18k, plus tax. Then paid about 250 in interest during those four months, and paid off the loan after that, so that was a pretty good deal.
I suppose if you are a really good negotiator, you could get a better deal at another dealer, but from my shopping around, I doubt I would have gotten 8-10k off from another dealer, so the set price model is way better for me. Not sure if they are still doing that or not though. It was over five years ago now.
XboxBoy
ParticipantFWIW, I bought my pickup from Mossy Ford about five years ago and had a very good experience. They post the prices on the window with all the rebates and discounts. There was no negotiation on price, it was a take it or leave it. It was a 28k list price, end of model year (October) and the price shown was just over 20k. After agreeing to that price, they tried to sell me an extended warranty, which I declined. I was going to pay cash, but they offered me another 2k rebate if I would take out a loan and not pay it off for 4 months. In the end I got the truck for just over 18k, plus tax. Then paid about 250 in interest during those four months, and paid off the loan after that, so that was a pretty good deal.
I suppose if you are a really good negotiator, you could get a better deal at another dealer, but from my shopping around, I doubt I would have gotten 8-10k off from another dealer, so the set price model is way better for me. Not sure if they are still doing that or not though. It was over five years ago now.
XboxBoy
ParticipantFWIW, I bought my pickup from Mossy Ford about five years ago and had a very good experience. They post the prices on the window with all the rebates and discounts. There was no negotiation on price, it was a take it or leave it. It was a 28k list price, end of model year (October) and the price shown was just over 20k. After agreeing to that price, they tried to sell me an extended warranty, which I declined. I was going to pay cash, but they offered me another 2k rebate if I would take out a loan and not pay it off for 4 months. In the end I got the truck for just over 18k, plus tax. Then paid about 250 in interest during those four months, and paid off the loan after that, so that was a pretty good deal.
I suppose if you are a really good negotiator, you could get a better deal at another dealer, but from my shopping around, I doubt I would have gotten 8-10k off from another dealer, so the set price model is way better for me. Not sure if they are still doing that or not though. It was over five years ago now.
XboxBoy
Participant[quote=briansd1]I don’t see the attraction of houses with exposed wood beams.
I personally don’t like wood anything that looks old, worn and dated after a few years.
[/quote]Don’t worry, as you get older you’ll develop some taste. (ok, settle down, just kidding, crimmy some people are so touchy)
Actually, as a wood worker, I have to say that many woods develop more beauty as they age. The grain patterns become more pronounced and the finish takes on a beautify patina.
Also worth noting, most of the exposed wood beams in SD are not even close to the same as a real timber frame.
Participant[quote=briansd1]I don’t see the attraction of houses with exposed wood beams.
I personally don’t like wood anything that looks old, worn and dated after a few years.
[/quote]Don’t worry, as you get older you’ll develop some taste. (ok, settle down, just kidding, crimmy some people are so touchy)
Actually, as a wood worker, I have to say that many woods develop more beauty as they age. The grain patterns become more pronounced and the finish takes on a beautify patina.
Also worth noting, most of the exposed wood beams in SD are not even close to the same as a real timber frame.
Participant[quote=briansd1]I don’t see the attraction of houses with exposed wood beams.
I personally don’t like wood anything that looks old, worn and dated after a few years.
[/quote]Don’t worry, as you get older you’ll develop some taste. (ok, settle down, just kidding, crimmy some people are so touchy)
Actually, as a wood worker, I have to say that many woods develop more beauty as they age. The grain patterns become more pronounced and the finish takes on a beautify patina.
Also worth noting, most of the exposed wood beams in SD are not even close to the same as a real timber frame.
Participant[quote=briansd1]I don’t see the attraction of houses with exposed wood beams.
I personally don’t like wood anything that looks old, worn and dated after a few years.
[/quote]Don’t worry, as you get older you’ll develop some taste. (ok, settle down, just kidding, crimmy some people are so touchy)
Actually, as a wood worker, I have to say that many woods develop more beauty as they age. The grain patterns become more pronounced and the finish takes on a beautify patina.
Also worth noting, most of the exposed wood beams in SD are not even close to the same as a real timber frame.
Participant[quote=briansd1]I don’t see the attraction of houses with exposed wood beams.
I personally don’t like wood anything that looks old, worn and dated after a few years.
[/quote]Don’t worry, as you get older you’ll develop some taste. (ok, settle down, just kidding, crimmy some people are so touchy)
Actually, as a wood worker, I have to say that many woods develop more beauty as they age. The grain patterns become more pronounced and the finish takes on a beautify patina.
Also worth noting, most of the exposed wood beams in SD are not even close to the same as a real timber frame.
ParticipantTo me this isn’t strange at all, but perfectly sensible. You’re assuming that stock price movements have something to do with the performance of the companies, but the evidence is that for the better part, stock price movements are totally unrelated to the companies. This might be hard to accept, since it is such an ingrained concept that the two are related.
From what I see, stock price movements are overwhelmingly about traders trying to figure out ways to take other trader’s money. I’m not sure what it means if the markets are all trading synchronously, but I assure you it has nothing to do with the companies that the markets represent.
ParticipantTo me this isn’t strange at all, but perfectly sensible. You’re assuming that stock price movements have something to do with the performance of the companies, but the evidence is that for the better part, stock price movements are totally unrelated to the companies. This might be hard to accept, since it is such an ingrained concept that the two are related.
From what I see, stock price movements are overwhelmingly about traders trying to figure out ways to take other trader’s money. I’m not sure what it means if the markets are all trading synchronously, but I assure you it has nothing to do with the companies that the markets represent.
-
AuthorPosts
