The_AirHawk

I bet it handles like a Dream!

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Parfois, on fait pas semblant
Sometimes, it's not pretend
Oderint Dum Metuant
Let them hate so long as they fear
политики предпочитают безоружных крестьян
Politicians Prefer Unarmed Peasants
Nothing to see here, Citizen. Move along now...

Dr_Sprocket

You and me, both! You and me both. (shakes head)

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"Aid to the helpless indigent is civilized. Aid to the irresponsible is socially corrosive." ----- Schizuki (c. 2011)

pplassm

They are financed as houses. Just like boats, if they have a galley and a head, they qualify for 30 year financing.

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Mongo just pawn in game of life.

Duken4evr

Yikes. Riding the road to financial ruin on a Gold Wing. Financing non essential "toys" simply never occurred to me. Hell. Financing cars never occurred to me. I drive unexciting used but well maintained and solid cars, paid for with cash. As I like to say, my treasure is in heaven, the rest is with Vanguard - LOL

When Mastercard had it's IPO a few years ago, I bought 200 shares at $46. It doubled to $92 and I sold it. Walked into Vickery Yamaha and bought a new FZ1 for $8,400 out the door, paid for on, you guessed it, my Mastercard with the stock sale profits. Always did march to a different drummer - I don't buy things unless I can pay for them, period

Dr_Sprocket

If only the rest of America operated the same way...

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"Aid to the helpless indigent is civilized. Aid to the irresponsible is socially corrosive." ----- Schizuki (c. 2011)

Morbo the Destroyer

The US economy would collapse, billions of Chinese would starve to death, dogs would live with cats. Biblical stuff.

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Fun Facts to Know and Tell!

Thomas Jefferson wrote that the 1st Amendment erected a "wall of separation" between the church and the state (James Madison said it "drew a line," but it is Jefferson's term that sticks with us today). The phrase is commonly thought to mean that the government should not establish, support, or otherwise involve itself in any religion.

Its.......A FACT!

pplassm

They also qualify for homeowner mortgage interest tax deductions, as well.

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Mongo just pawn in game of life.

Dr_Sprocket

Now I know you're pullin' my leg, right?

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"Aid to the helpless indigent is civilized. Aid to the irresponsible is socially corrosive." ----- Schizuki (c. 2011)

Duken4evr

LOL.

pplasm is right. Back in the real estate bubble heyday, people took out equity lines on their homes and bought RVs, bikes, cars, etc. The equity line is tax deductible as interest on a home loan. Likely the intent of this was to give people an opportunity to borrow money against their appreciated home to fix it up, add onto it, or perhaps help a kid with college tuition. Instead we threw a party. Yep, if people were all like me, the economy would have been a lot less bubbly. We would also not be in the mess we are in today. Living within one's means is the only sustainable way to go.

By the way, Mastercard peaked at over $300 a share. That FZ1 really "cost" about 30 grand. Oh well. I don't look at it that way. I view it as the deployment of assets resulting in a nice new motorcycle in my garage without really having to work for it. Thanks Mastercard. Your member bank (Chase in my case) can go screw someone else with their late fees...

Dr_Sprocket

Got any other hot stock tips?

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"Aid to the helpless indigent is civilized. Aid to the irresponsible is socially corrosive." ----- Schizuki (c. 2011)