2026 investments
- Thread starter BCClone
- Start date
Yeah it was crazy. I think last Spring it was around $35 an ounce, a week ago it was $120.00. Never seen anything like that
I agree with home care. When my mother-in-law was diagnosed with Alzheimer's, we paid a portion of the home health care so my father-in-law would agree to it and wouldn't just go on killing himself caring for her. (without his knowledge or he wouldn't have agreed to it) It was better for all and much more cost effective. Her disease progressed rapidly so it didn't end up being much. It was especially valuable in that this was 2020 and she would have likely died in isolation if she was in any institution due to the draconian policies of covid.
American Baptist Homes of the Midwest
I am not Baptist. My mother was in assisted living and at 99 years old she ran out of money. The ABH took her annuity and social security payments that equaled about half of her monthly billing. They took that amount minus $150.00 in monthly expenses for her for her last year or so of life. My family will be forever grateful for their charity program.
I just don’t know how you don’t get the depreciation hit the first 2 years generally have plus trade in valuation.
I use a GM Visa Card that adds up a lot of points “rebate” and I trade in the later part of the year after the hot new next year models have hit the showroom. It’s pretty amazing how much they’ll knock off the value of a new car they have in stock when they are also getting the next year model delivered in the fall on the same floor.
I am not an adherent, but I have a friend that is a car fiend. He will buy new, drive it for 12-24 months tops, then trade in for new again. But he almost always goes Honda. So the lesser depreciation helps him a ton and he generally doesn't pay much at all out of pocket.
One year he literally got a newer bigger vehicle (think went from Civic to Accord) and had no cash out of pocket. It was nuts. Part of that was the Civics were in short supply but the Accords were not moving as fast and he got somewhat of a deal there.
But I will emphasize this is not something I would do, and I don't think it works about 95% of the time.
And just to bring it back to investing...
Toyota is at 10x P/E and pays a 2.3% dividend. That seems like a pretty safe bet, something Buffet would buy and hold for 20 years, doesn't it? It won't triple in a year, but seems pretty value for such a big name.
Toyota is at 10x P/E and pays a 2.3% dividend. That seems like a pretty safe bet, something Buffet would buy and hold for 20 years, doesn't it? It won't triple in a year, but seems pretty value for such a big name.
Was there some war isssue that popped today? My Shell stock took around a 5% cut today. It was on a heater lately so it didn’t hurt as much.
Great shout out. American can manufacturers are getting crushed and the new Canada news doesn’t help
If America lets Toyota sell their cheap truck (Hilix I think) in the states, I'd buy all the Toyota stock I could!
Nothing to do with investment; I never invest in Airline or Auto stocks.
With that said, as someone who has owned 4 Toyota's, I think they are falling behind. Toyota and Lexus are largely coasting on a hard-earned reputation that is beginning to outpace their current lineup. They have a few good models, but when you compare their offerings side-by-side with their competition, Toyota usually fails. The 'reliability tax' is getting harder to justify; why settle for a stripped-back experience just to hit 250k miles when the competition can reach that same milestone while offering a much better daily drive?
A new 4Runner can run north of $70k. A decently equipped Tacoma is $45k. Lexus, which was once on top of the luxury world, has become uncompetitive. Their hydrogen experiment has failed. Their one BEV offering is a joke. The new Tundra and Taco are having their engines completely replaced by dealerships. On the positive side, the Prius is great, the RAV4 is competitive, and the new Land Cruiser looks to be a winner at a much lower price.
I own a Toyota and have been happy with it, will drive it until it dies, but I don't follow the auto market closely. Who specifically outpaces them?
I learned my lesson on auto stocks when the government bailed out GM. It was an agreement that settled a UAW strike along with GM's financial position by concessions from the Union, similar executive concessions and government incentives which included an agreement to cancel all the Stock. I did not know they could do that and my holdings evaporated. I knew governments could "nationalize" companies like Venezuela did to Big Oil but I did not know our government along with the company could essentially steal money from it's stock holders. Since then I let my professional investor handle all my investments with my approval and let those who spend 24 - 7 in the industry do all the due diligence.
It really depends on the model. To be fair, Toyota does seem to be finally updating some of their old dinosaurs, but when they do this, they tend to lose that Toyota reliability. Like I said, they still produce a few models that are near the top of their class.
If comparing to a financed monthly car payment divide the $8500 by 24 since the expense is on two vehicles, comes to $354,17. Plus I own the vehicles outright so they are a 100% asset on a balance sheet or my heirs get to sell them when I croak unlike an upside down financed or leased vehicle. I learned a long time ago to avoid putting money into a depreciating asset. Studying a potential stock investment is a wise decision as is discussed on this thread. Crazy high monthly vehicle and house mortgage financed payments along with credit card debt is the canary in the coal mine.
