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segovia
PostPosted: Wed Aug 01, 2012 3:50 pm 
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Cocobolo
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Joined: Thu Aug 13, 2009 4:32 pm
Posts: 480
First name: John
Last Name: Charnock
Country: UK
Focus: Build
Status: Amateur
Taken from a advertised sale of a 1976 Martin D35

I like call Martin and "Ask for Mike" bit, it made me smile so I thought I would share it with you

J


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Shaw
PostPosted: Thu Aug 02, 2012 1:36 am 
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Joined: Fri Aug 26, 2011 2:21 am
Posts: 668
Location: Philadelphia
First name: Michael
Last Name: Shaw
City: Philadelphia
State: PA
Zip/Postal Code: 19125
Country: USA
Focus: Repair
Status: Semi-pro
I wish I could still get a D-35 for 535 bucks.

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segovia
PostPosted: Thu Aug 02, 2012 1:58 am 
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Joined: Thu Aug 13, 2009 4:32 pm
Posts: 480
First name: John
Last Name: Charnock
Country: UK
Focus: Build
Status: Amateur
It is currently selling for $3000.00

That is a 460% increase in value over 36 years

I am not good at compound interest but an avg of 12.7% a year is not a bad investment

John
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John A
PostPosted: Thu Aug 02, 2012 11:39 am 
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Joined: Thu Sep 24, 2009 9:50 am
Posts: 941
Location: Ellicott City, Md - USA
First name: John
Last Name: A
Focus: Build
Status: Amateur
as for investment - you could have done better on the stock market -

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It's this new idea from recent decades that everyone gets a participation award. - MUX
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Shaw
PostPosted: Fri Aug 03, 2012 12:29 am 
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Joined: Fri Aug 26, 2011 2:21 am
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Location: Philadelphia
First name: Michael
Last Name: Shaw
City: Philadelphia
State: PA
Zip/Postal Code: 19125
Country: USA
Focus: Repair
Status: Semi-pro
But what fun is that?

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John Arnold
PostPosted: Sun Aug 05, 2012 6:01 pm 
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Joined: Wed Sep 08, 2010 12:17 am
Posts: 1292
First name: John
Last Name: Arnold
City: Newport
State: TN
Zip/Postal Code: 37821
Country: USA
Focus: Repair
Status: Professional
Quote:
That is a 460% increase in value over 36 years

Increase in price, not value. According to inflation calculators, the value of today's dollar is 24.6 cents, compared to a 1976 dollar.

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John
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