Re: Opinions Needed, Power Wagon purchase

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Posted by Rick on Thursday, March 05, 2009 at 13:13:19 :

In Reply to: Opinions Needed, Power Wagon purchase posted by jinx420 on Wednesday, March 04, 2009 at 20:42:47 :

Once you buy the trucks you take a liquid asset (cash) and convert it to a illiquid asset(trucks)

If you lost your job today would you need the cash to survive? If so save more and buy when you have a cushion.

The trucks are probably not going anywhere fast. A quick scan of this forum will show lots of trucks coming up for sale as people are trying to convert illiquid assets back to cash.

Follow Ups:

Re: Opinions Needed, Power Wagon purchase - Marty 18:29:47 03/05/2009

Re: Marty...you know better than that.... - Jerry in Idaho 20:10:00 03/05/2009

Re: Opinions Needed, Power Wagon purchase - copey 14:12:53 03/05/2009

I agree - George (AB) 00:37:10 03/06/2009
OK OK OK - copey 14:25:30 03/05/2009
Re: Opinions Needed, Power Wagon purchase - Rick 14:24:36 03/05/2009
- Re: Opinions Needed, Power Wagon purchase - Dana (in Lancaster) 17:12:25 03/05/2009

Re: right on rick - cash is your friend - Mike Stone, IDAHO 13:36:04 03/05/2009

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