Sinkhole under Corvette Museum

#30
#30
If I ever can afford a Vette I want to pick the option that allows you to take delivery of it at the museum. I think that would be pretty cool.
 
#32
#32
Nerd-Vol said:
Thank you.

Yes, I have not been but my father has and apparently it is great. Reading reports that say the museum will remain open, but they will section off the sinkhole area.
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The museum is fantastic. I hope one day I can have a new one delivered there. You really need to go see it.
 
#35
#35
Velo Vol said:
What are the odds of a sinkhole opening under your building?
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The sad thing is they were aware of the sinkholes and caves in the area and still put the museum there. I'm surprised they were approved for insurance.
 
#37
#37
Ahhh, a bunch of expensive cars are destroyed. It makes me giggle. Cars are the biggest waste of money besides taxes and textbooks.
 
#38
#38
Burger said:
Ahhh, a bunch of expensive cars are destroyed. It makes me giggle. Cars are the biggest waste of money besides taxes and textbooks.
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Football is a big waste of time and money, yet you seem to be interested in it.
 
#39
#39
Nerd-Vol said:
Football is a big waste of time and money, yet you seem to be interested in it.
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Football doesn't cost me over a hundred grand and only takes up Saturday. You can be a millionaire in 10 years if you put the corvette money into a high interest bearing account, or even the SP 500.
 
#40
#40
Burger said:
Football doesn't cost me over a hundred grand and only takes up Saturday. You can be a millionaire in 10 years if you put the corvette money into a high interest bearing account, or even the SP 500.
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Wait, I can turn $60,000 into a million in 10 years?
 
#41
#41
Nerd-Vol said:
Wait, I can turn $60,000 into a million in 10 years?
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It'd take around 15-20, but yes. Compounding interest is a great thing for people who want to make money. It's why car loans are so damn stupid for consumers.
 
#43
#43
Burger said:
It'd take around 15-20, but yes. Compounding interest is a great thing for people who want to make money. It's why car loans are so damn stupid for consumers.
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So it would take twice the time you originally stated?

Do I get to enjoy that 60,000 on its way 1 million?

I get what you are saying but consumers waste a tremendous amount of money on various things. However they get some sort of pleasure from what they spend their money on, however fleeting. If they get the value of enjoyment from it, then it wouldn't be waste.
 
#45
#45
Nerd-Vol said:
So it would take twice the time you originally stated.

Do I get to enjoy that 60,000 on its way 1 million?

I get what you are saying but consumers waste a tremendous amount of money on various things. However they get some sort of pleasure from what they spend their money on, however fleeting. If they get the value of enjoyment from it, then it wouldn't be waste.
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How much time it takes is going to depend on the interest rate, and how often its compounded. You can find out that stuff out with a calculator and the formula. You won't believe the power of interest. Our country forgot about it for awhile and paid dearly for it.

You could live off the interest after you're at 1 million easily. I'd take my 3 corvettes and a nice house and still have enough to retire. :)

1,000 bucks a month for 20 years in a annuity can do almost the same thing. Start your retirement early folks.
 
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#46
#46
Burger said:
How much time it takes is going to depend on the interest rate, and how often its compounded. You can find out that stuff out with a calculator and the formula. You won't believe the power of interest. Our country forgot about it for awhile and paid dearly for it.
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Liked for the even keeled response in light of my rude enthusiast viewpoint.
 
#48
#48
Burger said:
I understand your point also. It's your dream to own one. Why settle at one though?
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Because I am inpatient and would like to enjoy one in my relative youth. Not when I am in my 50-60s like the typical corvette buyer. Mind you, the corvette I want is a heck of a lot closed to $15,000 than $60,000.
 
#49
#49
Nerd-Vol said:
Because I am inpatient and would like to enjoy one in my relative youth. Not when I am in my 50-60s like the typical corvette buyer. Mind you, the corvette I want is a heck of a lot closed to $15,000 than $60,000.
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Ahh, still proud to be an American?
 
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