Time to say good bye.

Diablouph · Apr 1, 2014

So........does this mean there's no phone number?

pete.v · Apr 1, 2014

tomspro said:
Aw crap! I was just about to PM you with an offer of 12K cash!

You can go ahead and send that PM now.

pete.v · Apr 1, 2014

Diablouph said:
So........does this mean there's no phone number?

Fiction

Unclviny · Apr 1, 2014

In the 80's I was offered a new Ducati Paso (with all the track only toys) by a dealer for my '73 850 and $3,000.00. the cost of maintaining a Duke kept me from taking it.

Vince

Diablouph · Apr 1, 2014

So...........does this mean no one is going to walk up and offer me 10k for my Norton?

Your a cruel, cruel man, Pete.V.

worntorn · Apr 1, 2014

I had no idea that we could get rid of Pete for a measly ten grand, plus get to keep his bike. Get some decent twin Amals on there and it could be quite respectable.
Should we start a funding campaign?

Glen

Diablouph · Apr 1, 2014

I'm in for a 100, but you got to let me ride it sometime.

Hobot · Apr 1, 2014

Don't bother riding it the way he sold it, as its only got a 44 mm single carbie so chokes down before the fun begins and bogs at every green light, sheeze, so must discount for a pair of new carbs to have something.

B+Bogus · Apr 2, 2014

The only good reason to sell a Commando is to finance two more :mrgreen:

BA10BOON · Apr 2, 2014

Diablouph said:
Your a cruel, cruel man, Pete.V.

+1, but you had me... Congrats!

:lol:

DogT · Apr 2, 2014

pete.v said:
are you saying you would take 10g's for yours

I probably would, old timers disease is getting to me. But maybe I can push it off another 5-10 years, who knows?

There's a lot of money around Middleburg.

swooshdave · Apr 2, 2014

Unclviny said:
In the 80's I was offered a new Ducati Paso (with all the track only toys) by a dealer for my '73 850 and $3,000.00. the cost of maintaining a Duke kept me from taking it.

Vince

Guess which one is worth more now?

B+Bogus · Apr 2, 2014

swooshdave said:
Unclviny said:

In the 80's I was offered a new Ducati Paso (with all the track only toys) by a dealer for my '73 850 and $3,000.00. the cost of maintaining a Duke kept me from taking it.

Vince

Click to expand...

Guess which one is worth more now?

Amen!

worntorn · Apr 2, 2014

The $3,000? :mrgreen:

swooshdave · Apr 2, 2014

worntorn said:
The $3,000? :mrgreen:

That $3000 from 1980 is now worth: $8,547.85

http://data.bls.gov/cgi-bin/cpicalc.pl? ... year2=2014

So I think the Norton still wins. But not by much.

worntorn · Apr 2, 2014

The early 80s were the days of 18% savings deposit rates. Even Government bonds paid 16%, and that was locked in for thirty years!
I recall renewing a term deposit in 1998 for five years and getting 9 % compounding.
Today the bank is paying 2.8% on the same type of deposit.
So for 1982 til now, I am guessing the average rate received would work out at around 9%.
Based on that, the 3,000 invested in 1982 in no risk term Bank term deposits would now be worth ........drum roll.......

$47,238!

pete.v · Apr 2, 2014

hobot said:
Don't bother riding it the way he sold it, as its only got a 44 mm single carbie so chokes down before the fun begins and bogs at every green light, sheeze, so must discount for a pair of new carbs to have something.

40mm carbie. TM40-6 (HS40)

Fast Eddie · Apr 2, 2014

Very good Pete. You got a few there. Me included!

Hobot · Apr 2, 2014

Crapola worntorn If we only knew how freaking diluted the money would become. With that calculator in mind Commandos at going rates are a lossing investment.

worntorn · Apr 2, 2014

No, provided my 9% average figure is correct, the money would be worth exactly $47,238.00. It is called the power of compound interest.
Given the high interest rates thru the 80s and 90s, I believe 9% is probably a bit of a low estimate for an average.
Of course to reach that point the $3,000 initial investment would need to be placed in a tax sheltered plan, ie 401k ,rrsp, tax free savings etc.

Glen

Time to say good bye.

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