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Catering to used car buyers-parts
Come on, Fringe, I thought we were going to tlet this go and now you're
baiting me :-)
>>>Not necessarily. The U.S. stock market has returned over 11% over the
Irrelevant...you're smart and you know it...11% (or any other figure based
upon the DJIA or any other NYSEaverage)
is NOT the cost of money (opportunity cost).
Here's a near flawless example.....
My car, built in 1989, sold in 1990 sold for almost $32,000.
Your car (as you've pointed out) is better and has more content and sold
for LESS nearly 10 years later.
According to your 11% compunding theory over 9 years
(taking out all kinds of variables such as cost of materials, increased
efficiency etc. ad infinitum)
Your car might be reasonably priced at (conservatively, your words) over
How much Audi stock do you own anyway?