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Car Forum / Mazda / Mazda Miata / August 2007Car Prices
Cars are a big investment. Since buying a car is relatively a long- term investment, many people want to make an informed decision about the latest prices of all models of cars before deciding on any one. Car prices are likely to change quite often, depending on the market conditions, introduction of newer models, competition, demand, and many other factors. It is thus important to know the most up-to-date prices of cars. Read for full in: Car Weekly News http://www.zone-car.com/?car-prices.php > Cars are a big investment. Since buying a car is relatively a long- > term investment, <peeve> No they're not. Cars are expenses. They are not investments unless you're one of _very_ few people buying classic cars in anticipation of their appreciation. You'd have to be dumb as a stump to think of normal cars as an investments. Something who's value drops by 25% as soon as you take possession and then continues to drop steadily to $0 over the next 15-20 years could only be considered an investment by the severly delusional. Stocks and bonds are investments. Sometimes real estate is an invenstment. Tuition can be an investment. Cars are just expenses. </peeve>  SignatureGrant Edwards grante Yow! Where's the Coke at machine? Tell me a joke!! visi.com >> Cars are a big investment. Since buying a car is relatively a long- >> term investment, [quoted text clipped - 14 lines] > invenstment. Tuition can be an investment. Cars are just > expenses. You're being overly harsh. The word "investment" is most commonly used as you say - involving a financial return. But the poster's usage is not incorrect (as looking it up it a dictionary will attest). "Investment" can refer to the purchase of an item that yields a flow of services over a period of time (such as a car). That is, a capital good. Now, if you want to blast him for spamming, you'll get no argument from me. > You're being overly harsh. Probably. :) > The word "investment" is most commonly used as you say - > involving a financial return. But the poster's usage is not > incorrect (as looking it up it a dictionary will attest). > "Investment" can refer to the purchase of an item that yields > a flow of services over a period of time (such as a car). > That is, a capital good. Good point. It's probably the expectation of future returns of something valued that makes it an investment -- even if those returns are financial. SignatureGrant Edwards grante Yow! ... bleakness at ... desolation ... plastic visi.com forks ... > Good point. It's probably the expectation of future returns of > something valued that makes it an investment -- even if those > returns are financial. Same expectation applies to gambles. Like *stocks and bonds, in todays envinronment. I wouldn't call them investments. In fact, I wouldn't call many things investments today, except perhaps education expense or business startup costs. miker *On a real basis stocks are lower now than in 2003. And bonds pay less than inflation, making their loss guaranteed. >> Good point. It's probably the expectation of future returns of >> something valued that makes it an investment -- even if those >> returns are financial. > > Same expectation applies to gambles. Like *stocks and bonds, > in todays envinronment. I wouldn't call them investments. Perhaps they're not good investments, but it seems to me it's the intent that counts. I don't gamble as an investment, but I do sometimes do it for entertainment. There may be people who do view gambling as an investment, but to do so they'd have to beleive that they've figured out a way to beat house. Yes, I've met people who sincerely beleived they had a craps/blackjack/roullette system that would allow them to win in the long run. > In fact, I wouldn't call many things investments today, except > perhaps education expense or business startup costs. I think the term "investment" speaks more to the intent of the acquisition rather than the actual performance. > On a real basis stocks are lower now than in 2003. And bonds > pay less than inflation, making their loss guaranteed. That only makes their loss guaranteed if nothing ever changes and performance from 2003 to present is going to continue indefinitely. That's not how markets work. SignatureGrant Edwards grante Yow! I hope something GOOD at came in the mail today so visi.com I have a REASON to live!! > That only makes their loss guaranteed if nothing ever changes > and performance from 2003 to present is going to continue > indefinitely. That's not how markets work. A rising rate envinronment lowers bond returns with capital and opportunity losses. Lowering rates hurts the dollar and gives you a purchasing power loss. So whatcher saying is, we can reasonably expect politicians to quite overspending and the Fed to quit overprinting? That's what it would take to turn bonds around. I'm not sure governments work that way. miker >> Good point. It's probably the expectation of future returns of >> something valued that makes it an investment -- even if those [quoted text clipped - 11 lines] > than > inflation, making their loss guaranteed. Where does it say that an "investment" has to have a positive return for it to be properly called an "investment?" No "investment" involves certainty, therefore all investments are gambles. Ok, now I believe you're an economist. :) miker > Where does it say that an "investment" has to have a positive return for it > to be properly called an "investment?" >> You're being overly harsh. > [quoted text clipped - 8 lines] > > Good point. Hey, I'm not an economist for nothing. (Just practically nothing) > Hey, I'm not an economist for nothing. > > (Just practically nothing) Well, they tried to pay you what you're worth but there's that pesky minimum wage law... <GD&R> SignatureXS11E, Killing all posts from Google Groups The Usenet Improvement Project: http://blinkynet.net/comp/uip5.html |
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