So what are you going to buy now?

Astro Jet · Poncho Master!

So what are you going to buy now?

427carl · A Poncho Legend!

I just looked at my total RRSP's and I think I have enough to get me to age 65...then its food bank and old age pension... and sell my collectable cars..

Astro Jet · Poncho Master!

Carl, you need to put a sign on the Strato - "will race for food". Really, you need to find your equivalent to Dennis Wilson, "The Mechanic" and hit the road Two Lane Blacktop style!

http://www.youtube.com/watch?v=JKcIGPQST9s

-- Edited by Astro Jet at 12:01, 2008-12-09

427carl · A Poncho Legend!

Since I can get from 60-65 OK, I have lots of time, to find a partner.. My wife thinks like you, she just recently told me to "hit the road" too lol

1965CS · Guru

On the "freedom 85" plan here.... no buying anything for, .. ....ever?

RDubya · Poncho Master!

1965CS wrote:

On the "freedom 85" plan here.... no buying anything for, .. ....ever?

I hear that...and i can't even set up a freedom number yet...if i had to pick i'd say 95

73SC · A Poncho Legend!

Astro Jet wrote:

If I had guarenteed job security, I sure would be looking to pull the trigger on some sort of major purchase. Then again, when I look at my RRSP and investments, I may have to reconsider....

Well Hillar, haven't you heard about the fancy new range at my place, Mary's Christmas gift. They made me an offer I couldn't refuse!

I stopped worrying about the RSP's, we've got 15 years to recover!

-- Edited by 73SC at 17:28, 2008-12-09

Canadian Poncho · A Poncho Legend!

Wow! You get to retire at 85? I'll be in my 90's the way things are going. It's slowed down about 50% to what it should be at work. Since I'm on commission it's going to be a very lean Christmas this year. I don't see any spending on the Laurentian for a while if this keeps up. When times get tough, the hobbies are the first to go.

On the "freedom 85" plan here.... no buying anything for, .. ....ever?

-- Edited by 69Laurentian at 18:11, 2008-12-09

gparis7 · Canadian Poncho Superstar!

The market prices may be coming down, and the money may be cheaper to borrow, but I'm thinking it will be only a select few investors who will continue purchase when RRSPs, mutual funds and stocks are also losing their value as fast as the price of oil is dropping. It's a buyers market, but who will be buying?

427carl · A Poncho Legend!

69Laurentian wrote:

Wow! You get to retire at 85? I'll be in my 90's the way things are going. It's slowed down about 50% to what it should be at work. Since I'm on commission it's going to be a very lean Christmas this year. I don't see any spending on the Laurentian for a while if this keeps up.get tough, .

On the "freedom 85" plan here.... no buying anything for, .. ....ever?

At least you have a job at a Toyota store.. Can you keep those jems, running for another 40 years..

eeluddy · Uber Guru

Gas here in good old Ingersoll is at 69.9. The Caddi is lovin' the cheap premium! I wanna buy some more cars, just have no room or money. We have talked about moving to a place with more room and a shop, but have only been in this house for 3 years. But at least Jill is now open to the idea of a move or build a new shop here. I'm going to start pricing after Christmas.

loud · Addicted!

im not rockafeller im the other fellerlol

427carl · A Poncho Legend!

eeluddy wrote:

Gas here in good old Ingersoll is at 69.9. The Caddi is lovin' the cheap premium! I wanna buy some more cars, just have no room or money. We have talked about moving to a place with more room and a shop, but have only been in this house for 3 years. But at least Jill is now open to the idea of a move or build a new shop here. I'm going to start pricing after Christmas.

Hey! if Jill is open to a 'new shop"

Do not disappoint her!!!

Stephenzone · Canadian Poncho Superstar!

now ask the other carl he will show you what a shop should look like. gas was a 67.9 today and the jimmy was lapping it up.

427carl · A Poncho Legend!

74.1 here $1.55 in Port Huron yesterday..

4SPEED427 · A Poncho Legend!

Stephenzone wrote:

now ask the other carl he will show you what a shop should look like. gas was a 67.9 today and the jimmy was lapping it up.

28X42, 6 parking spots and a mezzanine.....

And no, it's not paid for.

cdnpont · Canadian Poncho Superstar!

I guess you'll be buyin' some troughs eh Carl?

427carl · A Poncho Legend!

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i heard it rained in Northern Ontario.. It this your cottage???

eeluddy · Uber Guru

That's a nice shop Carl. It's more than I can afford. I'm looking at 1 1/2- 2 car at most. I rent a shop for storage, and may try to buy it along with the house & property just east of London. All depends if the owner is ready to sell next spring. It holds at least 8-10 cars and has another shop beside it with room for 2 big boats and a few more cars. That's ultimetly what I'd like, but..... the house needs work and it may be outta my range. Nice to dream!!

Johann65 · Guru

427carl wrote:

I just looked at my total RRSP's and I think I have enough to get me to age 65...then its food bank and old age pension... and sell my collectable cars..

427carl, I am at 65 now and the situation is not what I would like it to be, but it is not so bad at all!!! 65 is the most dangerous age for men! Statistics show this is the age of most men that have affairs!!!!

Astro Jet · Poncho Master!

eeluddy wrote:

That's a nice shop Carl. It's more than I can afford. I'm looking at 1 1/2- 2 car at most. I rent a shop for storage, and may try to buy it along with the house & property just east of London. All depends if the owner is ready to sell next spring. It holds at least 8-10 cars and has another shop beside it with room for 2 big boats and a few more cars. That's ultimetly what I'd like, but..... the house needs work and it may be outta my range. Nice to dream!!

Wanna rent some storage spots? biggrin

You guys out in the country have no idea what a shortage of storage space there is for us guys who live in the city and how expensive it is. I have two cars at my mother's place, one at a friend's shop, three at home and rent a couple of spaces in an apartment underground parking garage at a very attractive price only because the maintenance manager there is a good friend of mine. If you don't have any connections, the going rate for heated indoor storage within the city limits is $150/month. bleh

Some of the condos now make buying a parking spot optional, they generally go for between $25K and $45K depending on the building. I read somewhere that a guy was planning to build a garage condo, composed of nothing but self contained garage units, but he was aiming at the high end exotic owner, as he was looking for around a $100K per unit!

LeeRoy · Guru

Gas 84.9 in Victoria today. So muuch a for competative market!
We always get the shaft out west. Makes mowing and trimmig 12 months of the year more costly! Our B.C. Government hasn't even removed the fuel surcharge from our ferry service yet! Talk about gouging!

73SC · A Poncho Legend!

Astro Jet wrote:

Wanna rent some storage spots?

You guys out in the country have no idea what a shortage of storage space there is for us guys who live in the city and how expensive it is.

Indeed Hillar, my sister-in-law ended up paying over $10,000 to get off street parking on her narrow little East York side street. Comrade Miller's patrol makes you buy a permit, plans must be professionally drawn, community council approvals, charges for curb cuts and new ramp install, hard surface laid with approved materials and professional landscaping. The worst part is if any neighbour objects you are screwed.

She has a nice spot to park her Echo now but when ever I go visit, be it in the Suburban or one of the Cadillacs I'm trolling the neighbourhood looking for a place to park and inevitably even when I find one I'm hanging over the driveways.

427carl · A Poncho Legend!

Johann65 wrote:

427carl wrote:

I just looked at my total RRSP's and I think I have enough to get me to age 65...then its food bank and old age pension... and sell my collectable cars..

427carl, I am at 65 now and the situation is not what I would like it to be, but it is not so bad at all!!! 65 is the most dangerous age for men! Statistics show this is the age of most men that have affairs!!!!

The only "affair" I will look forward to, is with another car biggrin

They are much more forgiving wink

427carl · A Poncho Legend!

427carl wrote:

i heard it rained in Northern Ontario.. It this your cottage???

That shop is the size of "new houses" in Kitchener-Waterloo 32 ft frontage