Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Jurgis Bekepuris who wrote (42922)	6/4/2011 12:50:36 PM
From: Spekulatius	Read Replies (2) \| Respond to of 78673

I am a value guy throughout - no Porsche for me. if I were to go for a Porsche, I'd probably buy a used one. Every once in a while, you get them offered pretty cheap, like in a recession. I do remember that I could have bought one a few years old in 2002 or so for about 25k$ with very little mileage. This was from an ex- dot com millionaire who could not do his payments on various stuff he acquired. I didn't buy it, too short on cash since I just had bought my house. I imagine there were some great opportunities to buy luxury items in 2009 or so. no used car prices and probably even Porsche's are sky high. We get our Kitchen done for a value price - about 10k including labor. the contractor is a guy who advertises on craigslist only and used to do mostly electrical work. We used him before for our bathroom renovation last year. We got our cabinets from an Chinese hardware store in Oakland. The material is of OK (but not great quality) but I get them for Ikea like prices with better (imo quality). Countertop from the same store, we got quartz (overage material) Stove from LG from Homedepot(pricematched with Bestbuy), Dishwasher the same. We got a Chinese stove fan that is strong enough to levitate pancakes <g>. Lot's of this stuff is actually cheaper than 10 years ago when I bought the house. I went to a few car dealers over Memorial day weekend and was very impressed by the Hyundai's (Elantra and Sonata). These models are actually selling above MSRP now. Toyota did not have much on their lot's (at least not the popular Hybrid models) and the rest of the lineup looks like it has come to market 5 years ago. Basically Toyota has nothing to sell nowadays, even if they could make it <g>. The new Honda Civic looks great and has good mileage, but is very expensive (probably worth it). My sense is that Hyundai will continue win enormous market shares in the US. I better stop writing - i don't even know why I started this post. Ahh it's about value....