the Ferrari market watch thread

A deposit for a Roma [emoji16]

 

Is the one for sale at a dealer currently in SA ?

 

Yes

 

It passed in. Didn't get to see the final bid amount though

 

+1

 

I saw it around lunch and it was at 110k. I assume it bumped up from there this evening though.

 

Obviously every car advertised is for sale at a price. How much depends on the margin they have.

Question why a dealer only ?

FWIW you are not gonna get much of a discount.

BTW dont get a post 2019 feb as it wont have an oil change every year.

 

Is there something wrong with it ? or just over priced ?

 

Overpriced for sure, especially with those high kms

 

Everything's overpriced. The great slide has begun. I predicted it 6 months ago. Unfortunately, I also predicted it 5 years ago
Berkshire Hathaway posts $43.8 billion loss as stock holdings tumble (msn.com)

 

FFS...NOBODY WANT'S TO BUY YOUR SHOITBOX!
https://www.carsales.com.au/cars/details/1984-ferrari-mondial-quattro-valvole-manual/SSE-AD-434418/?Cr=10

 

Can someone please call him and record the conversation

 

Hehe................................should I????

 

Yes. Offer him $50k

 

Australian stocks have crept up 20/30% in a month I wonder how this news will effect them, crypto’s taken a dive today, interesting times, 52 Huracans for sale says it all,
Good luck [emoji51]

 

Not quite
Australia Stock Market Index (AU200) - 2022 Data - 1992-2021 Historical (tradingeconomics.com)

 

Agreed an average will always lower the percentage due to the inclusion of under performing stocks, there are loads of great stocks in the asx 200 that are all moving in the same direction, up.

 

Everyone forgets the ASX took more than 10 years just to get BACK to where it was in 2006/07. The hoddlers are probably going to have nothing to show for the past 16 years or so very soon...

As an aside, can any of the Finance guys on here clarify this for me:
are super fund returns always quoted as returns on the STARTING balance (ie if the folio had $100k in it in Jan and $110k at end of December with NO contributions having been made, that would be a 10% return - is that how they calculate it?). A lot of companies seem to refer to ‘average fund balance’ and shouldn’t they increase by a minimum of 9.5% due to contributions anyway?

 

Your last sentence doesn’t make sense ??

 

You’re right! I’ve got all crossed up there... what I’m getting at is how do they distinguish between balances growing due to contributions made each year, and actual returns on investments, when they quote ‘average fund balance’?

 

I’m with HESTA and found this on their website

https://www.hesta.com.au/members/investments/balanced-growth-mysuper

 

Thanks! That’s a much clearer statement than any other site I could find... still interesting that virtually every company only gives 10 years of reports now (conveniently excising the late 2000’s bust).

 

Looser

 

Automatic black 360 Lloyds:
https://www.lloydsonline.com.au/LotDetails.aspx?smode=0&aid=34718&lid=3736722

 

Looks silver ..