[ARC5] Managing Yiour Colection

[J. Forster]

The trick is to own your storage space. Then you can deduct the taxes (for
the moment) and the value of the property is a hedge against inflation
(comming soon to all of us).

-Jo0hn

============



> Well, I tend to be a simple-minded SOB, so I'm going to abandon all
> science
> and do some simpleton's storage unit math.
>
> Suppose your units costs $100 a month. At CREDIT CARD interest rates, $100
> a
> month equates to maybe $15,000 in purchases (interest only). Is what's in
> your
> storage unit worth $15,000? $10K? $5K?
>
>
> These numbers get disasterous as storage unit prices go up. I know one guy
> with
> a storage unit bill close to $400 a month. You would have to be storing
> GOLD
> BARS or Catalins or Picassos to make that worthwhile.
>
>
> Think of it this way. $1,200 buys A LOT in today's radio market. So in a
> year,
> you could buy $1,200 worth of stuff, keep it one year, sell it the next
> year for
> half price--$600--AND YOU'D STILL BE UP $600 versus a storage unit!
>
> Even worse, hard goods values are FALLING. What you're storing is dropping
> in
> value right where it sits! Take your eye off of that for a couple years
> and now
> your're paying $1,200 a year to store stuff that is worth NOTHING.
>
>
> As Nick says....buy high, sell low...
>
> 73, DOn Merz, N3RHT
>
>  
>
>
> ----- Original Message ----
> From: "arc5 at ix.netcom.com" <arc5 at ix.netcom.com>
> To: Discussion of AN/ARC-5 military radio equipment.
> <arc5 at mailman.qth.net>
> Sent: Sat, July 24, 2010 11:56:32 AM
> Subject: Re: [ARC5] Managing Yiour Colection
>
>
> ----- Original Message -----
> From: "Don Merz" <n3rht at yahoo.com>
> Subject: Re: [ARC5] Managing Yiour Colection,
>
>
>>... doing something stupid--like paying rent on a storage unit,
>
> Not always dumb; it depends.
> I have one unit because my home has no storage space,
> like a garage.  If I calculate the monthy costs of payments
> on a loan to build a garage, vs the monthy payments on
> storage, I'm way ahead.  In the mean time, I'm slowly
> building a "shop" without having to take out a loan
> and that will eventually get me out of the storage.
>
> And Amen on the shipping costs point:
> I've actually gotten embarrassed to tell folks what
> it's going to cost to ship, and have taken to telling
> international bidders to be certain to check shipping
> costs before bidding.    There are a great many
> BA things you can no longer even mail to Australia.
> You'd have to ship them as cargo, and that costs
> the world.  I'd love to complete my AR8/AT5 with
> the dynamotor supply, but I'd have to take out
> a second mortgage to pay the shipping.
>
> (OFF TOPIC WARNING!  Hit "Delete" now!
>   Read at your own risk, and if you reply,
>     don't complain.  So there ;)
>
> As for: "Will the economy get better in our lifetimes?"
> (Get ready to "roll your eyes")
> No. A few more ups and downs, but the long trend is decay.
> The wealth of the country is being drained away quickly
> by various means, and the punishing new taxes
> on the way next year will speed that. 
> Churchill said that attempting to tax our way to prosperity
> is like a man trying to lift the bucket he's standing in
> by pulling on the handle.  We have no Churchills
> to save us, and the lemmings wouldn't elect him if we did.
>
> Economics is not magic.  It's mathematics.
> All the money is flowing into the hands of an elite few.
> If your grandchildren are lucky, they will live like
> the natives do in Guatemala.  If they're not,
> they'll live like those in Ethiopia,
> and all will be dependent on the imperial elite. 
> This cycle of  rot has always been the fate of empire,
> once its people became ignorant, fat and indolent,
> and that's as it should be.  The weak and the stupid will die,
> the strong will eventually rise and exterminate the elites,
> and the great Wheel, its axel always lubricated with blood,
> will begin another, merciless turn.
> Perhaps the Almighty will show us grace
> and call a halt to our folly this time,
> but don't count on it.
>
> 73 D.S.
> p.s
> The Chinese are the "wild card" in this equation.
> Don't count them out- the Chinese are smart
> and very patient.  My money says the future
> belongs to them.
>
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