I will be on vacation for at least one week. Since I don't have newsgroups
set up on my laptop, I will send Ed an email and he will post my
intentions.. If getting downloads nightly becomes tedious, I will have Ed
post my move to cash...
Arne
"Arne" <> wrote in message
news:Y6Rfe.5925$
> I will send Ed an email and he will post my
> intentions..
>
I'm highly impressed with your dedication, Arne. I'll be off to Germany for
two weeks next month, and I'll have Ed stand in for me to do nothing.
"TK Sung" <> wrote
> I'm highly impressed with your dedication, Arne. I'll be off to Germany
> for
> two weeks next month, and I'll have Ed stand in for me to do nothing.
Hang in there, your portfolio can't do much worse anyway. Have a great trip.
"Ed" <> wrote in message
news:
>
> Hang in there, your portfolio can't do much worse anyway. Have a great
trip.
>
Don't worry. I still have enough left to go to europe to pick up a new
bimmer without making a dent. To boot, I don't have to worry about trading
while vacationing. You should try it, it's called buy and hold for long
term.
"TK Sung" <> wrote
> You should try it, it's called buy and hold for long
> term.
That's always my intention. The problem is that I look for investments that
I can hold for the long term and then something changes. Economy sours,
prices get too high, manager leaves, etc.
If I were not an aggressive seller in 1999-2000 the fact is that I would
have a lot less today.
Look at these numbers. From 12/31/1999:
VFINX 135.33, it's 108.11 now.
VIGRX 38.43, it's 25.28 now.
VTSMX 33.22, it's 27.76 now.
QQQQ 90.47*, it's 35.95 now.
* adjusted for split.
Please note that I did not pick the highs, just a date. Anyone that jumped
in at or near the highs is doing even worse.
5 years, 4 months, and 12 days, and still underwater.
1,959 days and still in the red.
2,820,960 minutes and still can't see the light at the end of the tunnel.
Think I'll pas on getting beat up if you don't mind. I'm getting too old to
be thinking about dca for 50 years.
"TK Sung" <> wrote
> Don't worry. I still have enough left to go to europe to pick up a new
> bimmer without making a dent.
By "bimmer" I am assuming that you mean BMW.
I could never understand why anyone would want one, they give you very
little for the money.
Driver's cars. Quintessential driver's cars. Japanese really haven't
cracked that, yet. Also one of the last rear wheel drive automakers
with all that implies for handling.
Cost benefit lousy. But great cars to drive.
"darkness39" <> wrote
> Driver's cars. Quintessential driver's cars. Japanese really haven't
> cracked that, yet. Also one of the last rear wheel drive automakers
> with all that implies for handling.
>
> Cost benefit lousy. But great cars to drive.
The 750i starts at $70,500 and frankly looks quite ordinary. I'd rather have
two Cadillac CTS's and a two week trip to Florida.
On Thu, 12 May 2005 11:47:36 -0400, "Ed" <> wrote:
>> Cost benefit lousy. But great cars to drive.
>
>The 750i starts at $70,500 and frankly looks quite ordinary. I'd rather have
>two Cadillac CTS's and a two week trip to Florida.
>
I prefer my Harley and put the rest into VFINX.
-HW "Skip" Weldon
Columbia, SC
"HW "Skip" Weldon" <> wrote
> I prefer my Harley and put the rest into VFINX.
Nice bikes but then there's the rain, snow, bugs, pebbles, etc.
Anyone who invested in VFINX 5 or 6 years ago is wondering when it'll start
making more than the money they have hidden under the mattress.
Ed wrote:
> "darkness39" <> wrote
>
>
>>Driver's cars. Quintessential driver's cars. Japanese really haven't
>>cracked that, yet. Also one of the last rear wheel drive automakers
>>with all that implies for handling.
>>
>>Cost benefit lousy. But great cars to drive.
>
>
> The 750i starts at $70,500 and frankly looks quite ordinary. I'd rather have
> two Cadillac CTS's and a two week trip to Florida.
>
>
I have a BMW 320, which is more reasonable than a 7-series, and is very
good.
No American car even remotely figures as a possible buy in England or,
probably, the rest of the world. According to car reviewers, the
Cadillac is not in the same class as a BMW, Mercedes, Porche, Audi,
Jaguar, Bentley, Rolls, Ferrari, etc., etc. It looks horrible too.
There are a few Jeeps and MPVs like the Chrysler Voyager about, though.
But even Mercedes (Daimler Benz) are struggling to make any money out of
Chrysler and GM seems to put out profit warnings.
"Ed" <> wrote in message
news:
>
> I could never understand why anyone would want one, they give you very
> little for the money.
>
so do women. both are expensive indulgence, but you'll understand once you
ride one.
"David Wilkinson" <> wrote
> No American car even remotely figures as a possible buy in England or,
> probably, the rest of the world. According to car reviewers, the Cadillac
> is not in the same class as a BMW, Mercedes, Porche, Audi, Jaguar,
> Bentley, Rolls, Ferrari, etc., etc. It looks horrible too.
I really like the way the CTS looks.
> There are a few Jeeps and MPVs like the Chrysler Voyager about, though.
> But even Mercedes (Daimler Benz) are struggling to make any money out of
> Chrysler and GM seems to put out profit warnings.
Yes but it isn't because they aren't selling cars. The problem with US car
makers is the UAW.
I agree. I've driven (tested really) a lot of BMWs but have never been
impressed. It is a "driver's car", but maybe I'm just getting old.
I'm a big fan of Lexus (especially the RX330 and the SC240--the hard
top convertible).
--Ram
Ed <> wrote:
> "TK Sung" <> wrote
>> Don't worry. I still have enough left to go to europe to pick up a new
>> bimmer without making a dent.
> By "bimmer" I am assuming that you mean BMW.
> I could never understand why anyone would want one, they give you very
> little for the money.
Ed wrote:
> "David Wilkinson" <> wrote
>
>
>>No American car even remotely figures as a possible buy in England or,
>>probably, the rest of the world. According to car reviewers, the Cadillac
>>is not in the same class as a BMW, Mercedes, Porche, Audi, Jaguar,
>>Bentley, Rolls, Ferrari, etc., etc. It looks horrible too.
>
>
> I really like the way the CTS looks.
>
>
>>There are a few Jeeps and MPVs like the Chrysler Voyager about, though.
>>But even Mercedes (Daimler Benz) are struggling to make any money out of
>>Chrysler and GM seems to put out profit warnings.
>
>
> Yes but it isn't because they aren't selling cars. The problem with US car
> makers is the UAW.
>
>
Whats's the UAW, Ed?
Utterly Awful Wheels?
Unsuitable Allup Weight?
Unduly Abrasive Wipers?
"David Wilkinson" <> wrote
>> Yes but it isn't because they aren't selling cars. The problem with US
>> car makers is the UAW.
> Whats's the UAW, Ed?
>
> Utterly Awful Wheels?
>
> Unsuitable Allup Weight?
>
> Unduly Abrasive Wipers?
Sorry, United Auto Workers. A very strong union that makes unreasonable
demands and walks out on strike if they're not met. The union is pricing
itself of the global market, they are having a hard time competing with
foreign automakers.
Not much different from the unions at United Airlines only their cancer has
spread a lot further. They're in big time debt and the unions are thinking
about striking because a judge just ok'd the company's request to terminate
the pension benefits. Good luck to the union, United is on it's back and
getting kicked by the mouths it feeds.
I feel bad for the union members, they fought for years to get where they
are today but now they are competing globally and the rules are changing.
"David Wilkinson" <> wrote
>>>According to car reviewers, the Cadillac is not in the same class as a
>>>BMW, Mercedes, Porche, Audi,
I had an Audi 100-LS, 1973 model, brand new. The servicemen at the
dealership had the car more than I did so I swore never to buy another.
Haven't.
Mine was gray and it made me blue.
Ed wrote:
>The problem with US car makers is the UAW.
The UAW didn't tell Detroit to build the Pontiac Aztek and other losing
designs that emphasize white trash appeal, and if the UAW is to blame,
how do you explain the success of Caterpillar, which also has a UAW
workforce? Could it be due to Caterpillar's superior products, built
in the world's most modern factories?
"Ed" <> wrote in message
news:
>
> "TK Sung" <> wrote
>
>> Don't worry. I still have enough left to go to europe to pick up a new
>> bimmer without making a dent.
>
> By "bimmer" I am assuming that you mean BMW.
>
> I could never understand why anyone would want one, they give you very
> little for the money.
Oh wait until he finds out what it takes to upgrade the unit to U.S.
standards,
in order to license it.
"darkness39" <> wrote in message
news:
> Driver's cars. Quintessential driver's cars. Japanese really haven't
> cracked that, yet. Also one of the last rear wheel drive automakers
> with all that implies for handling.
>
> Cost benefit lousy. But great cars to drive.
>
Today, I dealt with a Lexus (Japanese) GS300 (rear wheel drive)
"R. Anton Rave" <> wrote
> Ed wrote:
>
>>The problem with US car makers is the UAW.
>
> The UAW didn't tell Detroit to build the Pontiac Aztek and other losing
> designs that emphasize white trash appeal, and if the UAW is to blame,
> how do you explain the success of Caterpillar, which also has a UAW
> workforce? Could it be due to Caterpillar's superior products, built
> in the world's most modern factories?
Maybe. But I think it has more to do with supply and demand. Cars and trucks
are owned by almost everyone in the country, back hoes and graders are not.
The strongly emerging markets have increased demand for Caterpillar's
products. I can tell you that most of the heavy equipment I've seen here in
New England, whether it's on highway construction or large building
projects, is Japanese.
Ed wrote:
> "R. Anton Rave" <> wrote
>The problem with US car makers is the UAW.
>>The UAW didn't tell Detroit to build the Pontiac Aztek and
>>other losing designs that emphasize white trash appeal, and
>>if the UAW is to blame, how do you explain the success of
>>Caterpillar, which also has a UAW workforce? Could it be
>>due to Caterpillar's superior products, built in the world's
>>most modern factories?
>Maybe. But I think it has more to do with supply and demand.
>Cars and trucks are owned by almost everyone in the country,
>back hoes and graders are not. The strongly emerging markets
>have increased demand for Caterpillar's products. I can tell
>you that most of the heavy equipment I've seen here in New
>England, whether it's on highway construction or large
>building projects, is Japanese.
But Komatsu never said Caterpillar was very sick with the flu, as
Toyota said of GM back in the 1980s, and Caterpillar exports its North
American designs worldwide (better economies of scale), while GM seems
to confine its domestic designs mostly to North America (or even adapts
designs from Europe). Also Caterpillar never let investment slide, but
GM invests only half as much as Toyota and spreads the money over far
more models. This may be why GM needs several extra hours for final
assembly. None of these factors are due to the UAW.
It's all about road feel though. American cars are sloppy, most Jap
cars are not great. Jag Bentley etc. are not good. It comes down to
the Germans and the Italians and the Germans have better quality
control. There hasn't been an American driver's car in decades AFAIK.
Germans make driver's cars: they hold the road and you can feel the
road as you drive. That's what it comes down to.
On Thu, 2005-05-12 at 12:44 -0400, Ed wrote:
> "David Wilkinson" <> wrote
>
> > No American car even remotely figures as a possible buy in England or,
> > probably, the rest of the world. According to car reviewers, the Cadillac
> > is not in the same class as a BMW, Mercedes, Porche, Audi, Jaguar,
Jaguar has now become Forduar.. But as far as reviews go, Japanese
luxury cars are rivaling the bimmers and mercs..
> > Bentley, Rolls, Ferrari, etc., etc. It looks horrible too.
>
> I really like the way the CTS looks.
>From the outside. From the inside it sucks (my knowledge limited to 2003
CTS). Personally I like the Infiniti G35 more than the BMW 3/CTS/Audi.
Also I like my Murano, though not in the same category, its a fantastic
car to drive :)
> > There are a few Jeeps and MPVs like the Chrysler Voyager about, though.
> > But even Mercedes (Daimler Benz) are struggling to make any money out of
> > Chrysler and GM seems to put out profit warnings.
>
> Yes but it isn't because they aren't selling cars. The problem with US car
> makers is the UAW.
>
>