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Hello Clones,
Can you spell “SCHADENFREUDE”?????
I can only guess that this strangest of human tendencies must be the driver behind your attitude.
Most of the so called experts that spend their days thinking up and writing articles of the ilk refererred to in this thread are “hard core” SCHADENFREUDE phreaks IMHO.
And if you don’t understand what I am saying in this post – I suggest you go and look it up.
I agree this is an interesting discussion.
We are a three car family. I sold my wife’s previous car to my University-attending daughter for $5000. The list price for it was $14000. It is a 1999 Ford Laser Hatchback.
My wife has a 2004 Toyota RAV4 Cruiser.
I have a 2002 Mitsubishi “jazzed-up” Magna V-RX.
The latter two cars were on novated lease through my employer. I am restructuring that deal now as I want to keep my V-RX longer cos it is just the sexiest car. And it goes. And it SOUNDS like a sports car.
We have no investment properties yet because we decided to buy a property that we really could not afford in the year 2000.
The upshot of this is that we now have a whole lot more equity than we would have had if we had stayed in the house we could have afforded.
Now – we are ready to look for IP’s.
A REAL bargain is a bargain anytime. If you can find one it is mad not to buy it on the hope it may go down more over six months.