You're right, when you're talking about short term. When he was referring
to willing the cars to his kids, I was thinking of at least another 10-15
years. I lot can happen in that period of time.
Regards,
J
----------
> From: John A. Wise <wise@db.erau.edu>
> To: mgs@autox.team.net
> Subject: Re: Pros & cons`
> Date: Thursday, July 24, 1997 9:23 AM
>
> >... keeping the car at least reversible will allow them to sell the
> >car at a much higher price as it continues to appreciate.
>
> IMHO Cars are money sinks! Cars are NOT investments. At least the
type
> of cars most of us can afford. If someone wants to invest their money -
> there are much better places to do it - better return & less risk.
>
> Cars like MGs are expenses that give their rewards in other than
financial
> terms. Their return on investment is measured in number of grins
received!
>
> John
>
>
> John A. Wise, Ph.D., CHFP Tel: (+1) (904) 226-6384
> Department of Human Factors & Systems Fax: (+1) (904) 226-7050
> Embry-Riddle Aeronautical University E-mail: wise@db.erau.edu
> 600 South Clyde Morris Blvd.
> Daytona Beach, FL 32114-3900 USA
>
>
>
>
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