Drooling Elmo's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/205718/comments http://seekingalpha.com/article/87274-bear-bottom-yet-to-be-seen-barron-s?source=feed#comment-216392 216392
This has meant my overall portfolio is still 10% annually into the black with only 30% of my money in oil.]]> Mon, 28 Jul 2008 09:55:15 -0400
This has meant my overall portfolio is still 10% annually into the black with only 30% of my money in oil.]]> http://seekingalpha.com/article/81730-buy-opportunities-like-these-do-not-come-along-very-often?source=feed#comment-189305 189305 Fri, 20 Jun 2008 13:39:25 -0400 http://seekingalpha.com/article/81718-hyperinflation-here-we-come?source=feed#comment-187639 187639
The amount I saved on the truck offsets the gas price for 57 fillups. At 18 fill ups per year that's a little over three years.

So Andy So, there are always lots of ways to look at things in a positive way. I see bargains everywhere and am buying everything I can find at rockbottom prices!

]]> Wed, 18 Jun 2008 10:08:04 -0400
The amount I saved on the truck offsets the gas price for 57 fillups. At 18 fill ups per year that's a little over three years.

So Andy So, there are always lots of ways to look at things in a positive way. I see bargains everywhere and am buying everything I can find at rockbottom prices!

]]> http://seekingalpha.com/article/81718-hyperinflation-here-we-come?source=feed#comment-187634 187634
I will say though that my newly bought 1999 Suburban has a 44 gallon gas tank and costs me about $200 to fill up now and if I had owned it a year ago it would have cost me about $125 to fill up.

I looked at this vehicle with my neighbor in July 2007 and the asking price was $12,995 and it had 68,000 miles. My neighbor ended up getting it for $12,000. Last week I saw it in his yard for sale and I bought it, now with 74,500 miles for $6700. Almost 50% depreciation on one year on a nine year old vehicle. I'll bet that has never happened before on a vehicle that old.

The amount I saved offsets the extra price in gas for over 3 years.

$11,000 Truck value if gas prices were still $3.15
$6700 Truck value with $4.15 gas

$4300 Savings

$75 Extra cost to fill up tank

$4300/$75]]> Wed, 18 Jun 2008 10:02:16 -0400
I will say though that my newly bought 1999 Suburban has a 44 gallon gas tank and costs me about $200 to fill up now and if I had owned it a year ago it would have cost me about $125 to fill up.

I looked at this vehicle with my neighbor in July 2007 and the asking price was $12,995 and it had 68,000 miles. My neighbor ended up getting it for $12,000. Last week I saw it in his yard for sale and I bought it, now with 74,500 miles for $6700. Almost 50% depreciation on one year on a nine year old vehicle. I'll bet that has never happened before on a vehicle that old.

The amount I saved offsets the extra price in gas for over 3 years.

$11,000 Truck value if gas prices were still $3.15
$6700 Truck value with $4.15 gas

$4300 Savings

$75 Extra cost to fill up tank

$4300/$75]]>