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Common theme in this thread - selling property. Not knowing better we sold our home with each move when we should have leased them instead. Mortgage costs were low so leasing would have covered the debt and netted us a couple K monthly. Baring a catastrophe I don't intend to sell CA property again.
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06-16-2016, 08:31 AM
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Join Date: Jun 2015
Location: Chicago, IL
Posts: 3,126
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Maybe not buying a bunch of Ford stock (I thought of it) in about 2009 when it was like $1/share.
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'80 SC Targa Avondale, Chicago, IL |
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06-16-2016, 11:03 AM
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Join Date: Jan 2003
Location: Los Angeles, CA
Posts: 2,099
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Sold my fully restored 1962 356 for $9,200.00, sold my 1970 911 non sunroof coupe (roller) for $1000.00 sold my 1982 911 SC freshly painted for $2,000.00. I'm sensing a pattern
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1982 SC |
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06-16-2016, 11:12 AM
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Getting married the second time...second divorce was very costly
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06-16-2016, 12:03 PM
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Join Date: Jan 2003
Location: the beach
Posts: 5,150
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Somehow I managed to sell my 1970 911E on the very day that the prices were the lowest.
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Charlie 1966 912 Polo Red 1950 VW Bug 1983 VW Westfalia; 1989 VW Syncro Tristar Doka |
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06-16-2016, 12:13 PM
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Join Date: Sep 2007
Location: Ventura County, CA
Posts: 4,018
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Buying a brand new 1997 993TT in November of 1996. Selling it in 2000 with 3,600 miles for $85K to buy a 1985 Porsche race car, trailer, and truck. Today's low mileage 993TT value...$200,000. The race car?...Wrecked, scrapped for parts.
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Craig T Volvo V60 - Daily Driver (I love it!) 997 Turbo - FVD Exhaust, GIAC Tune - 542 dyno hp on 93 oct 1972 Chevy K-10 Pick-Up Truck Hugger Orange 
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06-16-2016, 12:26 PM
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Now in 993 land ...
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No big regrets. Should have bought a second house during the down turn, but that's wise to say now. Would have stressed me out. Not having stress beats extra money in the bank if you already have some money in the bank ...
G |
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06-16-2016, 01:07 PM
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Driver, not Mechanic
Join Date: May 2013
Location: SF Bay Area
Posts: 3,010
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Not moving to the US earlier. An extra 10 years would've been nice for the nest egg. But then again, being young and stupid I may have ended up to my eyeballs in credit card debt here, which is worse than if it happened where I came from.
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06-16-2016, 02:34 PM
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Zink Racer
Join Date: Aug 2005
Location: Spokane WA
Posts: 4,010
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Sold two SC's about a year before the market went crazy, invested $50k through a friend who I'd know for years, long story but never saw any of it
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Jerry 983 911 SC/Carrera Franken car, 1974 914 Bumblebee, 1970 914-4 |
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06-16-2016, 04:15 PM
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Join Date: Dec 2001
Location: Cambridge, MA
Posts: 44,440
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I bought a Groupon for a Korean burger place, was supposed to be awesome. $15 for two burgers, regularly about $25. Place went out of business 6 weeks later and I didn't get to use it.
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Tru6 Restoration & Design |
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06-16-2016, 04:25 PM
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Join Date: Nov 2001
Location: Jackson, Wyoming
Posts: 634
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Selling 2 shares of Berkshire Hathaway in 1990 for $6800
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12' GT3 18’ 991S |
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06-16-2016, 04:29 PM
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GAFB
Join Date: Dec 1999
Location: Raleigh, NC, USA
Posts: 7,842
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Quote:
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06-16-2016, 04:32 PM
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Advising my mother not to buy real estate in Vancouver BC 20 years ago. I said that being an absentee landlord was too much trouble.
Marrying my first wife but I learned a lot about choosing a good wife. Second wife is great. 
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06-17-2016, 04:45 AM
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Sold a couple of cars I wish I hadn't, modified current car and didn't hang on to original drivetrain. Took the quickest route versus the scenic route a coupe of times, wonder what I missed.
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'73 240Z, L-28, Mikuni 44 PHHs, 5-speed, Konis Whatever "it" is, if it doesn't start, it can't end. Heavily medicated for your protection. |
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06-17-2016, 07:25 AM
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As the common theme here goes, I sold my 964 turbo a little before the current prices.
After my divorce I was renting a house and the owner wanted to sell it. Not wanting to move and at the same time keeping the kids close to their friends (same neighborhood as their mom), I decided to sell it to get the down payment on my house. While the car prices have gone up, the value of the house has gone up 6 figures, so I am not too upset. I replaced it with a 996TT which is much more user friendly and I don't worry about a $35K engine rebuild if something goes wrong. |
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06-17-2016, 09:59 AM
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Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,573
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Quote:
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent." -Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.) |
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06-17-2016, 10:33 AM
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Registered Cruiser
Join Date: May 2004
Location: Pursuing Happiness
Posts: 3,892
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A stock I got in 1991. Bought it for $1/share. Sold it at $10/share to get rid of a business partner. Thought I did great. About 10 years later, after stocks splits and M&A activity the stock went to $350/share. I had 10,000 shares.
 I've been fortunate since so I don't whine about it. Too much...
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87' Carmine Red Carrera - Keeper 82' Silver SC - Sold 79' Gran Prix White SC - Sold 05' Black C2S - Daily driver I have never really completely understood anything. |
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06-17-2016, 10:56 AM
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Get off my lawn!
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Buying my first house in the good ol days of Jimmy Carter and getting a great deal on a mortgage of only 12.5% for 20 years. Some rates were 18% for 30 year notes!
I should have just saved more money but that meant more rent money wasted. In the long run it worked out.
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Glen 49 Year member of the Porsche Club of America 1985 911 Carrera; 2017 Macan 1986 El Camino with Fuel Injected 350 Crate Engine My Motto: I will never be too old to have a happy childhood! |
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06-17-2016, 05:06 PM
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FUSHIGI
Join Date: Feb 2006
Location: somewhere between here and there
Posts: 10,751
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Not appreciating how dysfunction can permeate almost every aspect of someone's life.
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Cults require delusions. |
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06-17-2016, 05:24 PM
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Join Date: Oct 2003
Location: Roseville, CA
Posts: 3,066
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Siting at my office in 2009 telling my co-worker how cheap Wells Fargo stock was and they would never go under, not to mention they didn't take a bailout!
Did I listen to myself? Of course not...until a bunch of years later. Doing decent with it, but oh my could have been retired right now.
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1992 968 Polar Silver 2010 Toyota Highlander SE 2006 Lexus LS430 ML |
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06-17-2016, 07:22 PM
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Carrera
2003 996
04 Jeep
1972 911T
1988 Ferrari
Lexus RX350
Carrera
