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rjmccall posted:Bought two timeshares in the same building in the city he lived in. ?????
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Mar 30, 2024 17:12
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Scratch Monkey posted:????? pmchem posted:goons being pitched a timeshare:
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Mar 30, 2024 17:17
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rjmccall posted:* Except for coin collecting, which I suspect he’s sunk a lot of money into that we’ll be lucky to see half of when he dies. None of the grandkids have any interest in continuing it, of course. Spending money on dumb hobbies you enjoy isn't a waste. At least the grandkids'll get more out of it than if he had built a model railroad or spent it all restoring some classic car. Unless he's buying rare coins purely for "investment value" and doesn't actually care about them, that would be dumb.
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Mar 30, 2024 17:44
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RPATDO_LAMD posted:Spending money on dumb hobbies you enjoy isn't a waste. At least the grandkids'll get more out of it than if he had built a model railroad or spent it all restoring some classic car. As someone who inherited an "investment" stamp collection and was told by an appraiser "lol, none of these have value because none of them are rare, sorry," I would have preferred at least getting the novelty of a restored classic car.
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Mar 30, 2024 18:08
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RPATDO_LAMD posted:Spending money on dumb hobbies you enjoy isn't a waste.
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Mar 30, 2024 18:14
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RPATDO_LAMD posted:Spending money on dumb hobbies you enjoy isn't a waste. At least the grandkids'll get more out of it than if he had built a model railroad or spent it all restoring some classic car. No, he enjoys it for sure, and I’m definitely not trying to take that away from him. And you’re right that at least it’ll never be totally worthless. It’s just that he’s brought the coins up before as specifically valuable, and I’m very aware that that market is crashing.
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Mar 30, 2024 18:19
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rjmccall posted:No, he enjoys it for sure, and I’m definitely not trying to take that away from him. And you’re right that at least it’ll never be totally worthless. It’s just that he’s brought the coins up before as specifically valuable, and I’m very aware that that market is crashing. Market down? Time to buy more coins!
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Mar 30, 2024 18:39
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Volmarias posted:As someone who inherited an "investment" stamp collection and was told by an appraiser "lol, none of these have value because none of them are rare, sorry," I would have preferred at least getting the novelty of a restored classic car. On the inverse side of this, I love that many things that I found fascinating and collected as a weird little kid are now barely more than worthless and with a little patience, I can have what I used to think of as "maybe someday" grail pieces for very small fractions of "back then" prices, even in absolute dollars. There certainly are deeper, high-dollar parts of that pool to swim in if/when I want to do so, but my inner child is mostly happy ticking off those long-ago mental checkboxes.
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Mar 30, 2024 18:46
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on the other hand, they put in mtg cards in antiques roadshow now, so it's deffo more of a sic transit gloria mundi sorta thing than a collectibles are always worthless thing. they always have dog poo poo liquidity, is the thing, and the markets for them always have those crap-liquidity problems https://www.youtube.com/watch?v=4es-meXHk_U bad liquidity makes peeps go nuts. it always does, honest to god
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Mar 30, 2024 18:47
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Yeah, collectibles are highly generational and always will be. When the 90’s kids start dying off, I’m sure people will be grumbling about Grandpa hanging on to his MTG collection the same way I am about my dad’s coins.
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Mar 30, 2024 18:56
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Volmarias posted:As someone who inherited an "investment" stamp collection and was told by an appraiser "lol, none of these have value because none of them are rare, sorry," I would have preferred at least getting the novelty of a restored classic car. My mom sold off my dad's collection after he died for pennies on the dollar and 20+ years later I still have some 1, 2, 3 etc cent stamps laying around because we used up the large denomination stamps a decade back, and you need a legal sized envelope now to actually get to first class postage rates with all the tiny valued stamps. You also have to go into a post office and have them hand cancelled in order to send mail with them. They basically have negative value at this point, but you'll probably make some postal worker's day. I think the only thing I got out of his collection is knowing the word philatelist.
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Mar 30, 2024 19:35
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I think with boomers dying off, supply in any collectibles market is off the charts. I know that a lot of low value "collectible" stamps on eBay are sold to other eBay sellers for cheap postage.
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Mar 30, 2024 19:53
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My dad has told us not to just unload all his military history books somewhere for pennies when he eventually dies. Many of them are over 100 years old and are about obscure wars like the Boer war and Zulu war. A lot of other books that are valuable to people with interest in them, but not the general public.
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Mar 30, 2024 20:08
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Cacafuego posted:My dad has told us not to just unload all his military history books somewhere for pennies when he eventually dies. Many of them are over 100 years old and are about obscure wars like the Boer war and Zulu war. A lot of other books that are valuable to people with interest in them, but not the general public. I have benefited greatly from people doing exactly this. Some lady's dad died, books needed to go and I was a young historian who originally got in touch for one book but could then take my pick of the entire collection
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Mar 30, 2024 20:18
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I think I told this story before but when my wife and I cleaned out her hoarder uncles house we cashed in the approx $1400 in small bills and coins he had collected since the 1960s "in case they were worth anything". I think we cashed out around $2000. I put $1400 into a historical stock market calculator from 1980 until the date of his death. Nominal Price Return: 2,808.94% Annualized: 8.75% Investment Grew To: $40,725.13 Nominal Total Return (with dividends reinvested): 7,861.80% Annualized: 11.51% Investment Grew To: $111,465.16 Thanks, uncle Warren.
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Mar 30, 2024 20:33
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My book collection is small but pretty nice. First editions, signed copies, small print, etc. Someone could part it out and make some decent cash, but if I die before my friend Mike does he gets them all. I'd rather it go to a good home vs. selling for pennies at an estate sale.
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Mar 30, 2024 20:35
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Cacafuego posted:My dad has told us not to just unload all his military history books somewhere for pennies when he eventually dies. Many of them are over 100 years old and are about obscure wars like the Boer war and Zulu war. A lot of other books that are valuable to people with interest in them, but not the general public. Would a university library about that kind of stuff?
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Mar 30, 2024 20:48
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Cacafuego posted:My dad has told us not to just unload all his military history books somewhere for pennies when he eventually dies. Many of them are over 100 years old and are about obscure wars like the Boer war and Zulu war. A lot of other books that are valuable to people with interest in them, but not the general public. Are they available on libgen?
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Mar 30, 2024 21:02
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Ghost Leviathan posted:Because at least Homer wasn't allowed to gently caress around on the factory floor as well. hmm besides the large cup holders.. what else? i mean i guess the prices have finally caught up and its a large car... kinda. but i don't see bubble domes with optional kid restraints 
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Mar 30, 2024 21:53
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AreWeDrunkYet posted:Would a university library about that kind of stuff? Probably not with a hedge on maybe if there are any specific volumes that are rare. University libraries already liquidate huge numbers of books every year because they're not being used. The answer is to put them all up on eBay for $.01 + shipping and let poo poo sort itself out. Anything that is worth something will probably have a few book nerds bid it up, anything that is just middling might go for a couple bucks and you sent it to someone who will enjoy it. Maybe some ebay flipper gets lucky and makes a few bucks off you, whatever dude have fun it's not my problem now thanks for the beer money. Anything that doesn't sell for a penny just chuck in a dumpster. Or make a thread in SA Mart and offer it to people for free.
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Mar 30, 2024 22:20
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People vastly, vastly over estimate how much museums and university libraries want your old poo poo. If it's actually historically significant or rare? Sure, maybe. But no, the Smithsonian doesn't want your grandpa's uniform from WW2 unless grandpa had the word "General" in front of his name on poo poo. Even then he probably better be a general people gave a poo poo about and not the dude in charge of training camps for the Arizona National Guard or something. If you don't want it and it isn't bigtime historically significant, just throw it on ebay and sell it to someone who wants to collect that poo poo. A WW2 National Guard rear area general's uniform is probably worth a couple thousand to some collector out there. The only real exception is memoirs, university libraries can store that stuff basically for free and they'll happily leave a copy to gather dust until some grad student gets bored enough to flip through it it in between the things his advisor told him to look at.
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Mar 30, 2024 22:26
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I do arbitrage with low tier fine art. Buy for $500 at estate auction and sell for $2000 on eBay. The auctions provide speed over top dollar while eBay provides top dollar over speed. Most people selling off estates just want to get rid of everything on the house because the house is by far the most valuable asset in the estate.
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Mar 30, 2024 22:53
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Fil5000 posted:I mean even the episode where he makes his money back shows that Herb was an engineer rather than a businessman. If he'd stuck to designing the cars himself and put someone else in charge of running the business he might have been ok Probably, just the whole episode clearly has Powell Motors as a stand-in for American manufacturers in the 90s that just refuse to make cars that aren't overpriced poo poo and baffled at why Japanese cars are eating their lunch.
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Mar 31, 2024 01:20
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Mar 31, 2024 01:45
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I guess it's nice to be recognized for something.
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Mar 31, 2024 01:46
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This is politics, not BWM. It's not even clear who paid for that and whoever did it's not relevant for this thread.
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Mar 31, 2024 01:48
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okay ron
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Mar 31, 2024 01:58
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Now they just need a giant Jesus.
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Mar 31, 2024 02:15
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Desert Bus posted:Now they just need a giant Jesus. Still not #1 in statues of the Green Giant though.
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Mar 31, 2024 02:17
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Motronic posted:This is politics, not BWM. It's not even clear who paid for that and whoever did it's not relevant for this thread. eh spending 240K on a grotesquely large cross seems BWM.
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Mar 31, 2024 02:37
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Strong Sauce posted:eh spending 240K on a grotesquely large cross seems BWM. not when it's part of a thing designed to get everyone to tithe their money to their church, that's just advertising expenses
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Mar 31, 2024 02:38
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Strong Sauce posted:eh spending 240K on a grotesquely large cross seems BWM. Religions have been building extravagant monuments since pretty much always, it's hard to imagine they're all just shoveling money down the toilet. Isn't the academic theory around monument building that it's kind of like advertising as signaling that represents an organization is healthy enough to do useless, gaudy stuff?
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Mar 31, 2024 02:59
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That's the same reason people take out 100k loans to buy trucks
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Mar 31, 2024 03:04
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AreWeDrunkYet posted:Would a university library about that kind of stuff? Mantle posted:Are they available on libgen? Both good questions, I’ll have to ask him and dig around to see exactly what he has. The only thing I know for sure he has is the full set of the Time Life WW2 books like here: https://a.co/d/4vnJyGf
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Mar 31, 2024 03:06
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Eh. Giving 10% of your income to an organization that will do that kind of stuff with it is BWM, sure, but it's so obviously BWM that it's not just picking low hanging fruit, it's picking mushrooms. It's all the way through the topic of this thread and out the other side. Then again crypto and 20% vehicle loans are in the same category so we probably wouldn't have much of a thread without it
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Mar 31, 2024 03:17
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Thank god for Mississippi
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Mar 31, 2024 09:22
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I'm sure Bavaria has them beat
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Mar 31, 2024 11:55
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Mar 31, 2024 13:11
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Here's another picture of that giant cross: Whoever in that small town of 5000 people (that is 70% black according to Wikipedia, but you wouldn't know it from the picture above) that owns the construction company that supplied the corrugated Boris Galerkin fucked around with this message at 13:30 on Mar 31, 2024 |
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Mar 31, 2024 13:25
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It's just ugly as poo poo. Like, it's the most basic, functional possible thing to let people know they like Jesus, no art, artistry or joy to it l.
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Mar 31, 2024 13:31
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