Tell me your horror stories (Diesel)
Ok, so browsing through the thread about the 2011 Ford diesel left me in shock. Seems like there were many issues with the early builds of that engine. I know the Cummins and Duramax of that generat...
Forum Discussion
Groover wrote:ppine wrote:
Bingo. My 2002 Ford is going up in value.
Lets say that the diesel cost an extra $5k in 2002 and you had invested that money in an S&P 500 index fund. Just on capital appreciation using the highest value of 2002 for the S&P in 2002 that investment would now be worth $11,185. If you allow for 2% dividends over 16 years compounded you would now have $16,178 in your account. I suspect that would have been the better investment from a purely monetary standpoint. I do realize that few trucks are bought as investments though.
That may have been the worst analogy ever!
Big difference between banking the money and buying a truck.
Why not state he should have invested the money in Amazon, Google, Apple or some other high flyer. That way he'd been even farther ahead.
Unfortunately cash won't tow a trailer until you use it to barter for a truck
