View Single Post
  #10  
Old August 25th 07, 11:05 PM posted to rec.aviation.piloting
Vaughn Simon
external usenet poster
 
Posts: 735
Default If GA is down, why aren't used aircraft prices?


"Dallas" wrote in message
...

I should have invested in 150's for a better rate of return. :-)


You don't have to pay maintenance, parking, & insurance etc. on a stock.

I have a chunk of vacant land that has increased to at least 5X its
original value over the last 20 years I have owned it. That sounds great right?
Wrong! When you consider the taxes I have been paying, the interest on the
original investment, the transaction costs and the continuing cost of capital,
it is a fool's investment.

Vaughn