I should have bought MORE cars... | FerrariChat

I should have bought MORE cars...

Discussion in '456/550/575' started by tmario, Mar 7, 2008.

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  1. tmario

    tmario Formula Junior

    May 11, 2004
    337
    New York
    Full Name:
    Mario
    I don't know if anyone else feels the same way these days... I had been thinking about buying a CS, but after going on a big upgrade (bought a SA and a GT3RS) in the fall I decided to put some money to work in some bonds and stocks. HA! At least I would have some fund driving and looking at the cars! :(
     
  2. Pcar928fan

    Pcar928fan Formula 3

    Jan 21, 2008
    1,702
    Austin, TX
    NO KIDDING! It will take a decade for my 401k to dig itself out of this one! JEEZ! I KNEW I should have got out when the market was near/at 14k! Hind sight is 20/20 isn't it?! SUCK!

    James
    Austin, TX
     
  3. James in Denver

    James in Denver Formula 3

    May 23, 2006
    2,136
    Centennial Colorado
    Full Name:
    James in Denver
    I dont have much in my 401k, relative to some other folks on FChat, but I did move 80% of it to money market account equivalent and left the remainder in S&P tracking.

    Luckily, I havent been too bad, but then again, I'm risk averse, which is why I own a 308 and will never own a new Ferrari (hey, maybe a 360 when they drop to 60k :) ).

    James in Denver

    BTW - James aka PCar928fan, nice set of cars you have. GTS's rock. I've always liked the mid-engine cars though, former 914 and Boxster S owner myself.
     
  4. Pcar928fan

    Pcar928fan Formula 3

    Jan 21, 2008
    1,702
    Austin, TX
    James,

    Thanks for the kuddos! I agree w/ all of your car choices and wish I had made the same choices w/ my 401k that you made!

    Best,
    James in Austin :)
     
  5. Jagbuff

    Jagbuff Formula 3

    Jan 13, 2004
    2,267
    Site of US F1 Race!
    Full Name:
    Franck
    Unless you moved it to foreign currency, gold or oil lease... it still sucks considering where the Dollars has been going...
     
  6. Pcar928fan

    Pcar928fan Formula 3

    Jan 21, 2008
    1,702
    Austin, TX
    True as well! I have never seen the dollar suck this bad! For those of your across the pond it should make vacations here in America VERY AFFORDABLE!
     
  7. JazzyO

    JazzyO F1 World Champ

    Jan 14, 2007
    12,156
    The Netherlands
    Full Name:
    Onno
    Yes, I am looking forward to coming over to the US again, always have a great time there.

    I feel for you guys but for me I wish that the troubles may long continue as I am a gold miner and my company's stock has more than doubled in 5 months. After a decade in the doldrums it's finally fun to be in mining again. Swings and round-abouts, I suppose.


    Onno
     
  8. Pcar928fan

    Pcar928fan Formula 3

    Jan 21, 2008
    1,702
    Austin, TX
    Onno, that is good for you! At this rate you will have another Ferrari in your garage SOON! I hope my fortunes can follow yours soon! :)

    Best,
    James
     

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