Archived posting to the Leica Users Group, 2000/08/23
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]You mean to tell me that people now are paying $10K + original price for the Jaguar XK M6? Why? For the person who spends $10K+ for the camera, do you actually expect him/her to make much (any) of a profit? And did you have to buy a Jaguar XK to be able to get that camera in the first place? How much did the car cost? I didn't have to buy any car when I bought the stock. Also, I picked that stick example as the initial price I paid was roughly that of a "Liberace" special camera, and the gain (roughly 200% pa) took place in only a few months. It isn't my only position. Dan C. At 12:29 AM 23-08-00 EDT, Photovilla@aol.com wrote: ><< >Dan, > >You are wrong there. A $5k profit is not a big deal for many Leica cameras. >(Several owners of the Jaguar XK M6's made $10k on them literally >overnight...) > >..and 5K is really chump change for the stock market anyway. (no offense as >it is not "chump change" to me, but I have heard so many "market mogul" >stories lately that $5k doesn't sound like much.) > >Now if you bought AOL or Cisco at $1.50 some years ago...different story!<g> >No Leica is going to top that! <ha> > >To be serious for a moment...I have always found it prudent to invest money >in a combination of stocks, bonds/t-bills, business ventures and tangible >goods (i.e. real estate, collectibles, maybe gold???) I don't think anyone >really wants to have ALL their money in any one investment vehicle no matter >what the current return. > >Rich > >