pirateshipinc

Harley Davidson: Plan for More Downside

I agree that Harley is over priced, we bought one 3 years ago for 18k. We bought used because the new price was way over inflated. We have made every effort to maintain ownership during this downturn. And it looks as if we are going to keep it. I look at it this way....

If I would have bought stocks equaling 18k on Dec 8, 2006 I would have paid 71.00. That would have got me around, 230 shares (with fees and cost subtracted). Today if I turned my stock in, it would be worth $2000 minus fees and so on.

I feel that my wife and I made a good choice because a Harley will eventually retain its value. Especially since we purchased a discontinued classic model (not one of those idiot choppers). I know that some will argue with me about the decision, but keep in mind, nobody is really safe in investment no matter what you choose. But I will say this.

My investment is well worth the risk, I enjoy my risk everyday rain,snow,sleet or shine. And hopefully my grandchildren will enjoy the risk, and story that goes with it for generations to come.

All need to get over the money materialistic nature and start to enjoy what they have.