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Old 08-06-2011, 03:00 PM   #29
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There are a lot of cool cars in the 25-30k range.

Evo IX/X
STi
C5 ZO6
...

ETC-

With that said, if you aren't already living in your own home, and you don't plan to move anytime soon, I would use the money as a downpayment on a house with a nice garage. Save money, buy quality tools, start a project, and make something of your own. : ]
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Old 08-07-2011, 07:26 AM   #30
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I say buy a house with a garage and work on my making your garage ready for your next car. It's best to get the house payment out of the way as fast as possible.
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Old 08-08-2011, 04:30 PM   #31
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5. Invest in gold.
Gold crossed in to $1700s on the Hong Kong exchange last night. Dec. futures are at $1717.
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Old 08-08-2011, 10:36 PM   #32
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Gold crossed in to $1700s on the Hong Kong exchange last night. Dec. futures are at $1717.
So how much gold have you purchased? Many coins or unit?

Gee I wish I were Hideyuki Toyotomi now. Owning tons of gold in senkouko era would be really fun, except no cars.

Last edited by Want.FR-S; 08-08-2011 at 11:00 PM.
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Old 08-08-2011, 10:46 PM   #33
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So how much gold have you purchased? Many coins or unit?

Gee I wish I am Hideyuki Toyotomi now. Owning tons of gold in senkouko era would be really fun, except no cars.
Don't know who that is but I raise you Emperor Anastasius I of the Byzantine Empire. (from Wikipedia)
Quote:
In 491, Anastasius I, an aged civil officer of Roman origin, became Emperor, but it was not until 498 that the forces of the new emperor effectively took the measure of Isaurian resistance.[27] Anastasius revealed himself to be an energetic reformer and an able administrator. He perfected Constantine I's coinage system by definitively setting the weight of the copper follis, the coin used in most everyday transactions.[31] He also reformed the tax system and permanently abolished the chrysargyron tax. The State Treasury contained the enormous sum of 320,000 lbs (145,150 kg) of gold when Anastasius died in 518.[
What would 320,000 lbs of gold work out to in today's dollars? (I think the US gov't needs him running their economy...)
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Old 08-08-2011, 10:50 PM   #34
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^^


Does anyone else just LOL when they realize how off-topic we get? Not complaining, I think it's hilarious that we're talking about Roman civil officers that lived 1500 years ago in the "general discussion" section of a car forum.
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Old 08-08-2011, 11:02 PM   #35
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^^


Does anyone else just LOL when they realize how off-topic we get? Not complaining, I think it's hilarious that we're talking about Roman civil officers that lived 1500 years ago in the "general discussion" section of a car forum.
Meh, this shouldn't really have been in general discussion in the first place. He was asking for financial advice, which went to gold, which begot 1500 year old politicians which did a better job than any current ones could dream of.

Matador sig'ed a quote of mine about the 'FT' meaning 'Forgot Topic'. Heh.
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Old 08-08-2011, 11:18 PM   #36
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Matador sig'ed a quote of mine about the 'FT' meaning 'Forgot Topic'. Heh.
Yes, we are all guilty of it. Especially when things are slow around here.
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Old 08-08-2011, 11:38 PM   #37
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Meh, this shouldn't really have been in general discussion in the first place. He was asking for financial advice, which went to gold, which begot 1500 year old politicians which did a better job than any current ones could dream of.

Matador sig'ed a quote of mine about the 'FT' meaning 'Forgot Topic'. Heh.
And I was searching for that sig. Gee, that was a good one.

So, based on my calculation, here is the break down:

320,000 lb * 16 ounch/lb * 1700 (last closing price) = .....

8,704,000,000 USD or 8.7 billion USD.

So with this money you can buy Alcatel-Lucent + Ciena, but not even the BlackBerry maker RIM (11.39 Bil as the current market cap).

Hideyuki Toyotomi was the ruler in Senkouku Japan era. He rules from 1590 to 1598. According to the legend, he accumulated tons of gold in the Osaka castle as the allowance money for his concubine. A rock like gold weight 13600 両, and that is 13600 * 37.44 g = 509184 g = 509184 / 31.1035 g/ounce = 16370.6 ounce. And this equals to 16370.6 ounce * 1700 usd/ounce = 27,830,077 or 27.8 mil USD. Although there was no precise calculation, he has probably thousands of gold rocks like that in only one castle. That is more like > 27.8 billion in today's money in only one castle. That is huge.

So just another number crunching exercise for your entertainment:

* Investing $34000 usd to buy gold at price 1700 now equals to 20 ounces.
* Gold price projected at 1717 (only if it reaches this price) at Dec this year, and your gain is (1717-1700) * 20 ounce = 340 USD.
* And your ROI is 340 / 34000 = 1% ROI
* this is a great investment, just like buying a 2% GIC with guarantee money at the end of year.

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Old 08-08-2011, 11:48 PM   #38
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Solution: Combine all of the ideas in the thread. Buy the FR-S and paint it gold. Swap in the LS engine from a Vette. When it's time to fix something, pay an extra 500 bucks (BMW M repair bill.) Then buy a nice fancy double wide to live in.
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Old 08-08-2011, 11:55 PM   #39
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Quote:
Originally Posted by Want.FR-S View Post
And I was searching for that sig. Gee, that was a good one.

So, based on my calculation, here is the break down:

320,000 lb * 16 ounch/lb * 1700 (last closing price) = .....

8,704,000,000 USD or 8.7 billion USD.

So with this money you can buy Alcatel-Lucent + Ciena, but not even the BlackBerry maker RIM (11.39 Bil as the current market cap).

Hideyuki Toyotomi was the ruler in Senkouku Japan era. He rules from 1590 to 1598. According to the legend, he accumulated tons of gold in the Osaka castle as the allowance money for his concubine. A rock like gold weight 13600 両, and that is 13600 * 37.44 g = 509184 g = 509184 / 31.1035 g/ounce = 16370.6 ounce. And this equals to 16370.6 ounce * 1700 usd/ounce = 27,830,077 or 27.8 mil USD. Although there was no precise calculation, he has probably thousands of gold rocks like that in only one castle. That is more like > 27.8 billion in today's money in only one castle. That is huge.

So just another number crunching exercise for your entertainment:

* Investing $34000 usd to buy gold at price 1700 now equals to 20 ounces.
* Gold price projected at 1717 (only if it reaches this price) at Dec this year, and your gain is (1717-1700) * 20 ounce = 340 USD.
* And your ROI is 340 / 34000 = 1% ROI
* this is a great investment, just like buying a 2% GIC with guarantee money at the end of year.


Alexander the Great took a crap load of gold from the Persians. I have read conflicting reports of how much it actually was. The highest I saw was a bit over 8,000 tons of gold he took from them. Do the math on that.
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Old 08-09-2011, 12:19 AM   #40
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Originally Posted by tranzformer View Post
Alexander the Great took a crap load of gold from the Persians. I have read conflicting reports of how much it actually was. The highest I saw was a bit over 8,000 tons of gold he took from them. Do the math on that.
* Assuming English long ton (1 ton = 2240 lb = 2240* 16 = 35840 ounces), not metric ton.
* 8000 tons = 8000 * 35840 ounce = 286,720,000 ounces
* this equals to 286,720,000 * 1700 = 487,424,000,000 = 487.424 billion USD, and that is a bit less than the market cap of Google plus Apple. Still cannot pay down the debt that US owes, Damn it.
* oh, how many F-22 can you buy with 487.424 billion USD?
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Old 08-09-2011, 12:34 AM   #41
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Originally Posted by Want.FR-S View Post
* Assuming English long ton (1 ton = 2240 lb = 2240* 16 = 35840 ounces), not metric ton.
* 8000 tons = 8000 * 35840 ounce = 286,720,000 ounces
* this equals to 286,720,000 * 1700 = 487,424,000,000 = 487.424 billion USD, and that is a bit less than the market cap of Google plus Apple. Still cannot pay down the debt that US owes, Damn it.
* oh, how many F-22 can you buy with 487.424 billion USD?
You need to re-calculate. Gold is at $1757 on the Hong Kong exchange now at 8:30 pm PST.
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Old 08-09-2011, 02:45 AM   #42
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You need to re-calculate. Gold is at $1757 on the Hong Kong exchange now at 8:30 pm PST.
Everyone who is dumping stocks is now buying gold? (What a mess... Hope the US sorts things out soon, before they drag Canada down with them.)
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