What's this Jeep worth?

[Hypoid]

Posting flagged. Damn, I missed it!

 

[Kittrell]

I bought my '99 for $6,000 bone stock in 2005. I spent $9,000 building it up, then sold it for $5,500 in 2009. Built rigs are a terrible investment.

http://www.naxja.org/forum/showthread.php?t=980920

 

[Fred]

Hey, that's a 63% ROI. Oh wait, it's with a minus.

It's a hobby. One's ROI is one's enjoyment of the hobby.

 

[Boostwerks.com]

Building a rig isn't a terrible investment... but only if you keep it, use it, and love it.

 

[Kittrell]

Building a rig isn't a terrible investment... but only if you keep it, use it, and love it.

Which does not make it an investment.

An asset or item that is purchased with the hope that it will generate income or appreciate in the future. In an economic sense, an investment is the purchase of goods that are not consumed today but are used in the future to create wealth.

http://www.investopedia.com/terms/i/investment.asp

 

[Reclipse]

Which does not make it an investment.



http://www.investopedia.com/terms/i/investment.asp

Which does make it an investment. Monetary gains, no, but a wealth of friends, scenery, and personal development. An investment is all how you decide to take the gains.

 

[Boostwerks.com]

Which does make it an investment. Monetary gains, no, but a wealth of friends, scenery, and personal development. An investment is all how you decide to take the gains.

Exactly. Monetary gain is just one of the many forms of investment.

 

[Kittrell]

You'll have to forgive me, I am a business professional. You start throwing around words like investment and I better be seeing a monetary return, none of that touchy feely crap. :smootch:

 

[RockTracXJ]

Posting flagged. Damn, I missed it!

http://www.naxja.org/forum/showthread.php?t=1115573

 

[Hypoid]

Ouch!