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.

Technology Stocks : The Electric Car, or MPG "what me worry?" -- Ignore unavailable to you. Want to Upgrade?

To: Eric who wrote (3858)	6/12/2017 3:16:59 PM
From: Maurice Winn	1 Recommendation Recommended By Maple MAGA Read Replies (2) \| Respond to of 17361

Eric, I notice you either don't know, are embarrassed to say, or avoided the question for some reason. When people do that, it's because their position is unsound or they have some other odd thing going on. If you were proud of the answer, or it was easily answered without agreeing with the criticism. You aren't proud so try to change the subject, Since you are curious about my cars, and it might help you or others, I'm happy to explain that cars have costs to operate them. Depreciation for a start - new cars especially depreciate quickly. Then there's the cost of capital Then there are the operating costs of the new car - electricity isn't free And cost of inconvenience and time to mess around recharging Compare those with my good old Camry Depreciation = $100 a year instead of about $5,000 or $10,000 if I got a spiffing new Having NZ$50,000 or so sitting in the shed would be expensive - even the bank pays 3% interest Then I'd have to buy electricity or a big photovoltaic panel and put it on the shed roof. And when in the outback I'd have to find a supercharger somewhere. Good luck with that. And it woudl already have a queue at it. So we still have the good old Camry and Nissan SSS. I do change the fluids once in a blue moon. So there's a slight maintenance cost. Come to think of it, new spark plugs in the Camry would be good. I'll get cheap ones instead of platinum as they'll likely last the distance now it's getting old. Maybe you haven't studied economics so don't know words like opportunity cost. But even regular people who haven't studied economics should be able to figure that out. Anyway, why did you avoid the question? A personality issue due to upbringing, or some other problem? I'm happy to provide free psychological counseling if it will help you with reality which is a notoriously horrible place but that can be minimized and even made a lot of fun at times, with much happiness. Mqurice