I recommend to buy.

 

No right answer other than to compare the two alternatives. If you're thinking about a 3 year lease, look at how much you will have to pay over those three years (including any down payment, etc.). Compare this to how much you will spend if you buy the car and then sell it after 3 years (you going to have to estimate the potential sales price). Also factor in the loss of use on the extra $$ you pay every month on the loan payment versus the lease payment.

That being said, I've typically found that unless the manufacturer is subsidizing the lease (which they sometimes do to move slow selling models), you're usually better off buying the car.

 

You are joking, right? State of CT GA bonds, AAA rated, are turning into Junk? Bwahahaha... No, gold probably won't go to zero, but the last time it ran up to almost $700, it came back down to about $350.

I will lose Zero in bonds unless the world collapses and I'll make my 5.25% tax free. I do hope your gold works out and doesn't halve your investment.

There's investment and then there's speculation...

 

Well we should all be so greatful that you are so knowledgeable and, of course, so eloquent in your presentation of what you do "know"!

 

LOL. Tell that to Florida muni holders. Quickest path to zero imaginable.

http://ftalphaville.ft.com/blog/2007...alance-sheets/
Oh, and my `speculation' in gold, up 22% annualized since 99. Don't bother asking how my agricultures `speculation' has gone.

 

its not florida muni muni bond hlders that are in trouble - its the municipalties and schools districts themselves - they reached for a tiny bit of extra yield by buying SIVS backed by very riskt sub prime mortgages and other low quality bonds..many of the SIVS they bought are illquid and in some cases insolvant - they will ose money..the majority of municipa bonds issues are very high quality - but defaults do occur - they are not riskless!

 

We're headed into wild, unprecedented times....Buckle up....

http://www.sfgate.com/cgi-bin/articl...f172044S26.DTL

 

yes - those bondss ratings were cut because the insurer ACA was cut from A to CCC

 

It amazes me how out to lunch the ratings agencies have been on this crap. How some of these vehicles ever got an A rating, let alone AAA is beyond my comprehension. The lawyers will have a field day on Moody's and S&P out of this and one, maybe both, may go the way of Arthur Andersen after the Enron debacle.

 

they made a couple bad assumptions
1. houses only go up in value - BIG mistake
2. the sum is greater than the parts - diversification doesnt help when you pool a bunch of **** together

ofcourse fraud has hurt as well..
NINJA loans are a bad idea (NINJA = no income, no job, no assets)
why did someone who makes $30k/year think they can afford a $300k house?

classic mania craze - now we pay for it

the key is to figure out the next mania - we had tulips,realestate, .coms, china, commodities...im hoping water is next...PHO - load the boat!

 

Water water water, indeed. Ags have been doing great as well. You holding a water index or individuals?

Do you remember the first mortgage you took out? I was sweating bullets. Had to get all that documentation and then go through the 3rd degree...many what an ordeal it used to be...and will be again...

 

i dont buy individuals..i buy sector etfs..the water etf i own is PHO
my favorite ETFS right now are
DDM, QLD PHO, UYG, SSO

some of these are levered 2x (guess what - im bullish!)

 

Am holding PHO as well.

Best O'luck.....

 

My etf's are SRS (real estate), SKF (financials) and SDS (Dow) all all 2x shorts!

Great! I'm going the opposite way of the pro!
I'm lucky I'm not driving a Kia.

 

No such thing as pros. Self included