Who can afford a new truck anymore?

[Mag Craft]

I remember that year, there were hugh swings in the market. I made a killing that year.

 

[Yamaha2112]

Going into turbo mode would have been even better.

Perhaps we should start a new thread to share our experiences/ knowledge?

Rural Living is heavily based on money, after all.

 

[timswi]

Going into turbo mode would have been even better.

What's that, buying more?...If so, I agree..

 

[Yamaha2112]

Of course.

 

[buickanddeere]

Uphill or down?

Uphill both ways

 

[MoKelly]

Just having a bit of fun.
Simply put, Wall Street.

Easiest way to get started is Brokerage Account | Online Brokerage Account | Charles Schwab

$1k to get it started. Lowest $ "real" account I know of at the moment.

I wish I knew then what I know now, but such is life.

Beware of the "free" ones which incur monthly charges.

Roughly 10 years ago, I read a quote from the manager of the famous Magellian Fund saying it is always best to buy stocks in companies you know and use in your everyday life.

So, I looked around our family and saw --- (1) everyone had an iPod and either had or wanted a Mac and (2) my wife and her friends were buying everything via Amazon.com. So, I bought Apple and Amazon stock.

10 years later --- (1) Apple is up $125.75 a share or 2,172% and (2) Amazon is up $390.93 per share or 1,101%.

Time is not your friend on age but is your friend in investing.

MoKelly

 

[s219]

My regret is not buying enough Apple stock back in the late 90s. What I bought has gone up by over 6,000%. Had I sunk more money into the stock then, I could've retired by now..... Still, I am thankful for what I did invest at the time. More than makes up for all the dud stocks I lost money on.

 

[Yamaha2112]

Ah yes. My mother almost invested in an unknown company called Xerox many years ago.
Had she done so, my farm would likely have a helipad right now. Sometimes I wish she never told me her "oopsie".

 

[grnspot110]

I've been plowing money into retirement since I was 24 (even when I couldn't afford it)...I have overall averaged 8% or so with relatively conservative index, targets, light bonds and a few individual stocks for giggles...never dreamed it would add up to what it is after 20 some years. Start early and never stop, cash in or borrow from it unless your world is literally coming to an end.

I did the same thing & retired at 55. Lost quite a bit in the 80's, but still comfortable in retirement! The key is time!

We bought our house 30 years ago on a 10 year loan, paid it off in 8 years & haven't paid out any interest since!

 

[ultrarunner]

I'm among those who know they'll never be able to buy another new truck. My 2001 Ford Ranger had 112k miles on it, so it might last the rest of my lifetime. Nearly a year ago, we did buy a 2014 Ford Escape with about 16k miles on it, so hopefully, it's the last car we buy.

Mom was set with her 2001 until it was stolen and never recovered... best made plans have a habit of changing.

She likes her replacement well enough... when it was all said and done it cost her 10k out of pocket plus higher license and reg fees...

Everytime I see a car similar to hers I take a close look... I'd know her car anywhere and one day... I just might find it!

 

[sldva00]

I agree "full" electric cars are not ready for prime time. However, electric motors can produce tremendous pull power and blazing speed and acceleration. Their day is coming. If you doubt the power of electric, just take a look at a modern locomotive.

Yeah, I was really amazed how quickly our 2014 Camry Hybrid accelerates when you need it to. We got it just for the fuel mileage. The best I've gotten is 42 mpg, but averages around 38 mpg.

It has become our commuter vehicle for work. My wife and I work opposite weeks (7 on 7 off) at same hospital. My 98 truck (18 mpg) now gets driven maybe once a month. Drive a 2012 Pilot (19 mpg) when whole family needs to go somewhere. All vehicles were bought new at time.

My wife wants me to buy a new truck, but I don't want to spend the money on a truck that will get driven once a month. I keep my truck running fine, looks like junk, but runs fine. Cosmetically, I've never taken care of my truck. It sits out in the sun and only gets washed when it rains. I'd be throwing money away if I bought a new one now with my habits.

 

[ultrarunner]

My brother's vehicles are all paid for... they have a small ranch... don't own a truck.

It's my sister-in-law is wanting him to buy a truck... almost insisting and when they look... it's always the 50k+ she likes.

They do have a SUV with a Hitch and several trailers including dump and stock trailers...

Trailers tags in California are $18 for 5 years.

He just can't see taking on the added expense.

They also own a Kubota TLB and Deere Dozer.

 

[Gary Fowler]

My Mother still drives and she's 84.

My neighbor just turned 85. Still drives very well, works his shop (he makes wool dusters for home and commercial use), does his own maintenance with help from his wife who is also 85. To look at them you wouldn't think them over 60. A lot has to do with how one ages as to whether on not they should be driving. One would have to age rapidly to need to stop driving at 73 assuming that person was ever a good driver. I see lots of 18 to 50 year olds that cant drive worth a crap but continue to get a license every year. Too bad they don't require some retesting of driving skills periodically before we get gray or bald.

 

[Gary Fowler]

Gov't would provide tax incentives for companies offering options to buyers that are desirable to some end, such as clean air, and less dependency upon fossil fuels. Its the MFR who decides what vehicle offerings make sense under those conditions.

And just where do you think the government would make up that tax deficit? Any money given to any program comes directly out of a taxpayers pocket.
Personally I don't see the benefit of an electric car that uses energy from a coal burning power plant or other fossil fuels to produce it. While they tout it as non polluting, it actually is more so than a regular car since in addition to the power plant pollution, you have to dispose of those batteries in a few years not to mention the pollution from manufacturing all those batteries.

I think it is a wash in electric vs fossil fuel vehicles when you toss all the "actual " pollution factors in. Unless it runs on sunlight, it pollutes with use and even with solar cell cars, there is the manufacturing pollution that has to be considered so no cars are pollution free.

 

[buickanddeere]

And just where do you think the government would make up that tax deficit? Any money given to any program comes directly out of a taxpayers pocket.
Personally I don't see the benefit of an electric car that uses energy from a coal burning power plant or other fossil fuels to produce it. While they tout it as non polluting, it actually is more so than a regular car since in addition to the power plant pollution, you have to dispose of those batteries in a few years not to mention the pollution from manufacturing all those batteries.

I think it is a wash in electric vs fossil fuel vehicles when you toss all the "actual " pollution factors in. Unless it runs on sunlight, it pollutes with use and even with solar cell cars, there is the manufacturing pollution that has to be considered so no cars are pollution free.

Subsidizing green vehicles with $7500-$8500 of tax payer's dollars buys a lot of votes from the general public .

 

[buickanddeere]

And just where do you think the government would make up that tax deficit? Any money given to any program comes directly out of a taxpayers pocket.
Personally I don't see the benefit of an electric car that uses energy from a coal burning power plant or other fossil fuels to produce it. While they tout it as non polluting, it actually is more so than a regular car since in addition to the power plant pollution, you have to dispose of those batteries in a few years not to mention the pollution from manufacturing all those batteries.

I think it is a wash in electric vs fossil fuel vehicles when you toss all the "actual " pollution factors in. Unless it runs on sunlight, it pollutes with use and even with solar cell cars, there is the manufacturing pollution that has to be considered so no cars are pollution free.

Subsidizing green vehicles with $7500-$8500 of tax payer's dollars buys a lot of votes from the general public .

 

[Sodo]

And just where do you think the government would make up that tax deficit? Any money given to any program comes directly out of a taxpayers pocket.
Personally I don't see the benefit of an electric car that uses energy from a coal burning power plant or other fossil fuels to produce it. While they tout it as non polluting, it actually is more so than a regular car since in addition to the power plant pollution, you have to dispose of those batteries in a few years not to mention the pollution from manufacturing all those batteries.

I think it is a wash in electric vs fossil fuel vehicles when you toss all the "actual " pollution factors in. Unless it runs on sunlight, it pollutes with use and even with solar cell cars, there is the manufacturing pollution that has to be considered so no cars are pollution free.

Taxes being reduced in one place are not required to be replenished by other taxes - that is a problem within itself.

Pollution of everyone's air and water is a form of "payment" by the citizens and well within Gov'ts charter to do this. How well Gov't can balance political and industrial influence is always a question and requires constant citizen oversight. Especially when industrial lobbying is OK by the citizens.

An electric car that refuels with grid sunlight during the daytime is ideal. There will be cheaper power during the day and more expensive power at night. Electric car chargers will evolve to include clocks thus charge sensibly with regards to changing rates.

The "pollution" of used batteries is a pertinent issue. Do you think Gov't should intervene and enforce that electric car batteries are recycleable? Maybe offer tax breaks for recyclable batteries? Thus making recyclable batteries and their industry "viable"? Or should Gov't stay out of this and let industry decide for us?

Anyway this Off-Topic jaunt came about when some fella mentioned if there were an electric pickup offerred it would work for his usage. On that subject I think everyone knows it would have to be a Hybrid, otherwise all you could haul is batteries.

 

[buickanddeere]

Taxes being reduced in one place are not required to be replenished by other taxes - that is a problem within itself.

Pollution of everyone's air and water is a form of "payment" by the citizens and well within Gov'ts charter to do this. How well Gov't can balance political and industrial influence is always a question and requires constant citizen oversight. Especially when industrial lobbying is OK by the citizens.

An electric car that refuels with grid sunlight during the daytime is ideal. There will be cheaper power during the day and more expensive power at night. Electric car chargers will evolve to include clocks thus charge sensibly with regards to changing rates.

The "pollution" of used batteries is a pertinent issue. Do you think Gov't should intervene and enforce that electric car batteries are recycleable? Maybe offer tax breaks for recyclable batteries? Thus making recyclable batteries and their industry "viable"? Or should Gov't stay out of this and let industry decide for us?

Anyway this Off-Topic jaunt came about when some fella mentioned if there were an electric pickup offerred it would work for his usage. On that subject I think everyone knows it would have to be a Hybrid, otherwise all you could haul is batteries.

Cheaper power by day ???. Have a look. Sygration Homepage

 

[buickanddeere]

Taxes being reduced in one place are not required to be replenished by other taxes - that is a problem within itself.

Pollution of everyone's air and water is a form of "payment" by the citizens and well within Gov'ts charter to do this. How well Gov't can balance political and industrial influence is always a question and requires constant citizen oversight. Especially when industrial lobbying is OK by the citizens.

An electric car that refuels with grid sunlight during the daytime is ideal. There will be cheaper power during the day and more expensive power at night. Electric car chargers will evolve to include clocks thus charge sensibly with regards to changing rates.

The "pollution" of used batteries is a pertinent issue. Do you think Gov't should intervene and enforce that electric car batteries are recycleable? Maybe offer tax breaks for recyclable batteries? Thus making recyclable batteries and their industry "viable"? Or should Gov't stay out of this and let industry decide for us?

Anyway this Off-Topic jaunt came about when some fella mentioned if there were an electric pickup offerred it would work for his usage. On that subject I think everyone knows it would have to be a Hybrid, otherwise all you could haul is batteries.

Cheaper power by day ???. Have a look. Sygration Homepage

 

[kenmac]

Exactly--I did nothing and stayed the course, what real choice was there anyway? I made a killing in the upturn.

I ,like you, and moss, stayed the course.... It was tough,but stocks were at bargain prices... Like going to the store where everything is 1/2 (or more) off