Long time ago I went to go look at an Austin Heale
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Posted On: 03/17/2023 7:38:49 PM
Long time ago I went to go look at an Austin Healey. Wanted a parts car and it seemed like it would fit the bill. Only would take a few parts for a nice ROI and I could either keep the other parts or sell. Stripped it bare and junked the rest.
Parked next to it was a Shelby, white with blue stripes. For those that know cars, you know what I'm talking about. The guy used it as a big shelf. Stacked a ton of boxes on it. Car was maybe 10-12 years old. How much for the car?
One man's junk is another man's treasure. Where the owner saw little value other than a shelf, I saw where the value of it would go. Wish I had the money to buy, but probably would have sold it along the way. Before online trading, we flipped cars. That was more fun. Instead of bashing and bitching online, we worked on cars and had fun.
Remember when people used to talk about cars they used to own at work. What did you own red? Better question, what didn't I own?
Another car was a Plymouth Superbird. I'd see these for $4000. Would of, could of, should of. The look never appealed to most. I think they only made it for one year and not a lot.
My brother Tom had a 67 cuda. That threw some g's. Dropped on top of him and almost killed him. People that owned cars back then knew the risk, didn't cry about it or change their nickname weekly.
Moral of the story. Just because something is cheap or out of favor doesn't mean it doesn't have value now or in the future. Just because it doesn't appeal to most doesn't mean there isn't money to be made short of long-term.
You have to understand the market. How many of the same are out there. If I invested in a startup hamburger joint, I'd be worried. I would also be worried if I chopped wood in Chattanooga for a living.
I'm too busy these days to look at this board or the stock during the day. I do remember last time people bought around these prices they quadrupled their investment despite what Joseph Bernard Schmidt said.
Is VERB at $0.11 the Plymouth Superbird next month or next ?
Don't know. I never told anyone to buy or sell. Just to do their own DD. Over the years I made money on selling cars. Buying undervalued cars and turning them around. Always had 3-4 cars at a crack. Before Nintendo. Before twitter.
Meant more to me in my teens and twenties. In my older years, I realize the experiences were priceless. Making money was/is a bonus until your end of days.
Parked next to it was a Shelby, white with blue stripes. For those that know cars, you know what I'm talking about. The guy used it as a big shelf. Stacked a ton of boxes on it. Car was maybe 10-12 years old. How much for the car?
One man's junk is another man's treasure. Where the owner saw little value other than a shelf, I saw where the value of it would go. Wish I had the money to buy, but probably would have sold it along the way. Before online trading, we flipped cars. That was more fun. Instead of bashing and bitching online, we worked on cars and had fun.
Remember when people used to talk about cars they used to own at work. What did you own red? Better question, what didn't I own?
Another car was a Plymouth Superbird. I'd see these for $4000. Would of, could of, should of. The look never appealed to most. I think they only made it for one year and not a lot.
My brother Tom had a 67 cuda. That threw some g's. Dropped on top of him and almost killed him. People that owned cars back then knew the risk, didn't cry about it or change their nickname weekly.
Moral of the story. Just because something is cheap or out of favor doesn't mean it doesn't have value now or in the future. Just because it doesn't appeal to most doesn't mean there isn't money to be made short of long-term.
You have to understand the market. How many of the same are out there. If I invested in a startup hamburger joint, I'd be worried. I would also be worried if I chopped wood in Chattanooga for a living.
I'm too busy these days to look at this board or the stock during the day. I do remember last time people bought around these prices they quadrupled their investment despite what Joseph Bernard Schmidt said.
Is VERB at $0.11 the Plymouth Superbird next month or next ?
Don't know. I never told anyone to buy or sell. Just to do their own DD. Over the years I made money on selling cars. Buying undervalued cars and turning them around. Always had 3-4 cars at a crack. Before Nintendo. Before twitter.
Meant more to me in my teens and twenties. In my older years, I realize the experiences were priceless. Making money was/is a bonus until your end of days.
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