Forum Discussion
IdaD
Nov 12, 2018Explorer
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.
So an expense is a lousy investment, huh?
Brilliant insight.
About Travel Trailer Group
44,030 PostsLatest Activity: Jan 20, 2025