Originally Posted by not_a_charger
Originally Posted by HotRodDave
I would rather invest in myself than stocks, I can buy a truck with a blown up engine at the auction for say $5000, stick in an engine for $2500 and sell the same truck for $12,000 so that's where my money goes. Average time for me to flip one is less than 6 months, the more cars I buy the more I have on the lot the more money I make, can't make those kinds of returns in the stock market on a regular basis.


If you're doing that for spending/hobby cash, that's great. If you're doing that as a long term financial plan, you'll have to work at least 3 years after you die before you can retire.



In theory anyhow, I will have a nice sized car lot and auto repair buisness here to sell come time to retire if I keep re-investing and building it up. Or let one of my employees or sons keep running it for me after retirement.


I am not causing global warming, I am just trying to hold off a impending Ice Age!