Possible recession changing your Car hobby purchasing plans?

[madmaxx]

The last 10 yrs the S&P 500 had an avg. annual return of about 4% yes, there are better investments.

I am an engineer so excuse my ignorance. When I go to to Fidelity and I chart the S&P 500 performance from 1998 to 2008 the chart shows zero percent change. An annual return of 4% would be a total return of 40%??

Financial advisors what am I missing?

[Bartruff1]

So, this year I bought a Jeep...a Tundra...and a Superformance....etc... Being 68 and seeing my friends and associates with cronic illnesses and "early deaths" has convinced me that I don't have time to waste. You can make money in any market if you do your homework and pick good stocks at low prices...consumer products...industrial equipment....comodities....and yes, even tech and financials. The world is not in a recession and the collaspe of the dollar has made my Superformance look like a bargin.. !!! I am going to enjoy the rest of my life and let the young people solve the problems ..

[Ronbo]

Nope, I'm not waiting. If the resession turns into a depression I'll drive my Cobra to the soup line...

Real estate was a fantastic ride but it's over for now. Cobras will maintain thier steady increase as the forign made ones were somewhat under valued. Kirkham will no doubt be increasing prices soon with the weak dollar only getting weaker.

I have no doubt my Kirkham will sell for more than I paid for it and in ten years it'll be worth double that.