To: TaxRelief
Yet the antique's value can go to zero if there's no market for the item. IMO, the purchase of a useful tool is a far better choice. A fishing pole, whether new or used has the ability to catch fish & even if no one else wants to buy it, you can find a way to use it to fill your stomach, push comes to shove.
To: GoLightly
IMO, the purchase of a useful tool is a far better choice. Like an example of a guy who works, supports himself and his family but saves a little money and starts buying up used machines to start a tool and die business. First the used machines sit their collecting dust ---not really losing money because they were used and don't devalue. They may sit for years doing nothing while enough other machines, land, and building get collected, then the shop opens and the investments get to work, money comes in, more machinists are hired and they're making money, more machines get bought and more money comes in. What gets produced has a certain value until it's sold, then usually loses most of it's value ---but the machine shop itself is still producing wealth, making more things.
328 posted on
06/28/2003 10:12:28 AM PDT by
FITZ
To: GoLightly
A fishing pole, whether new or used has the ability to catch fish & even if no one else wants to buy it, you can find a way to use it to fill your stomach, push comes to shove.
That is only true if you can afford the fishing license.
329 posted on
06/28/2003 10:23:15 AM PDT by
ARCADIA
(Abuse of power comes as no surprise)
To: GoLightly
A fishing pole, whether new or used has the ability to catch fish & even if no one else wants to buy it, you can find a way to use it to fill your stomach, push comes to shove.
That is only true if you can afford the fishing license.
330 posted on
06/28/2003 10:23:15 AM PDT by
ARCADIA
(Abuse of power comes as no surprise)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson