One of the things that makes the future of our economy so rosy is that yes,
many baby boomers are enjoying their retirement and/or employment sucesses ,
but also, we are starting to die off and the next generation is inheriting
literally trillions of dollars that will further boost the economy.
Manufacturing is up, interest is down, should be fine by Christmas.
Robert B. Houston
Texan in New Mexico
63 TR4
As he stared at her ample bosom, he daydreamed of the dual Stromberg
carburetors in his vintage Triumph, highly functional yet pleasingly formed,
perched prominently on top of the intake manifold, aching for experienced
hands, the small knurled caps of the oil dampeners begging to be inspected and
adjusted as
described in chapter seven of the shop manual.
Dan McKay
In a message dated 6/4/2008 7:07:39 A.M. Mountain Daylight Time,
Chip19474@aol.com writes:
I think that part of the strength of the "cash flow" comes from the fact
that the profile of most owners who are willing to part with 4 to 6 figure
restorations, service work or purchases is that of 50 years or older folks
who
have strong income or solid retirement investments (or both) AND have a
strong
emotional connection with these cars from past experiences or ownership.
All that said, this pool of cash flow is 1) fading....(albeit we hope very
gradually) from assorted human factors and 2) not being replenished. So,
to
finally answer your question, I wouldn't hesitate to sell now - just be
realistic in your expectations remembering that often you can't get every
dollar
back from your restoration expenses.
**************Get trade secrets for amazing burgers. Watch "Cooking with
Tyler Florence" on AOL Food.
(http://food.aol.com/tyler-florence?video=4?&NCID=aolfod00030000000002)
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