Jeet kune do investing II: Toyota RAV4 | The Righteous Investor

19 Янв 2015 | Author: | No comments yet »
Toyota Rav 4 II

Jeet kune do investing II: RAV4

I consider a car a consumable not an  Yet as an investor who strives to “no style” –like Bruce Jeet Kune Do, a style is no style–today I signed a deal to buy a RAV4 in two years.  This is not a  We do have the flimsy excuse my assistant’s car has given up the ghost and he can now my 2001 Pontiac Montana probably has at least three of life to go.  I could have it for a lot longer.  But here is why decided to buy the RAV4 now instead of

The price was identical to last purchase, though the financing was a different.  Toyota was under a lot of last year because of all the publicity and Congressional scrutiny.  I up this political harassment to main competitor being the US itself, seeing as Obama had bought two car companies, GM and Chrysler taxpayers’ money.  So I felt the bad publicity and the political harassment was and that Toyota was like a stock, and besides, C.J. (my needed a car.  You buy a stock when you know the are sound, but the market has abandoned it. which had become the number one car in the world, had never offered 0 % until last year, we bought C.J.’s RAV4 48 months 0 %; and this year’s I’m getting at for 36 months 0 %.

Once I drive that car off the lot week, Toyota Credit have floated us over CDN at 0 % (my RAV4 and the remaining debt on  Why is that a jeet do move?  Because in times of or hyperinflation, debt is the best  I am anticipating that cars are going to go up in in the next few months because of commodity and 0 % financing will be an historic because credit will increasingly expensive–to be honest I was that anyone would offer 0% today.  I expect the US to experience hyperinflation in the near  The Canadian loonie likewise experience high though not hyperinflation, as the Bank of seeks desperately and unsuccessfully to the loonie at par with the greenback.  My gut is that inflation will pay for all of the on both of these vehicles, and years hence we will become the clear winners, for we have paid Toyota in devalued currency.   If not, we will have paid no on the loans, so no big deal.

Finally, when hyperinflation the world and believe me, I think it is well under way, will be desperate to get their on real goods, for their will be increasingly worthless–and the may fall out of the real estate too.  As for cars, they are a good.  Consider this anecdote from the South American hyperinflationista, Lira :

Toyota Rav 4 II

A true story: In ’73, at the of the Allende-created hyperinflation, an uncle of who was then a college student, was an apartment in exchange for his car. right—an  apartment . He owned a little Fiat 147—a POS if there was such a thing—but in Chile in the middle of that were so scarce, and considered so that he was offered an  apartment in To this day, my uncle tells the story—with deep because he didn’t follow on the offer: “That Fiat was in the by ’78, but that apartment stands! And today it’s nearly a half a million Actually, I think it’s a bit more than that.

In the style that is no style, jeet kune do investor must be to anticipate the future.  The way to do that is to study the past.

A of caution:  this is not a recommendation to the readers of this blog to go out and buy a  It relates to our personal circumstances and style–or no style (see kune do investing I ).

Toyota Rav 4 II
Toyota Rav 4 II
Toyota Rav 4 II
Toyota Rav 4 II
Toyota Rav 4 II

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