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  1. #31

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    Quote Originally Posted by Sirius Glass View Post
    That is ok if you never want to own a home or pay for college for your childern. I was being sirius not serious when I posted that siriusly.
    \

    No children, therefore no college expenses. I own 1/2 of a home so far.

  2. #32

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    Quote Originally Posted by Sirius Glass View Post
    That is ok if you never want to own a home or pay for college for your childern. I was being sirius not serious when I posted that siriusly.
    Actually, it's about the best way to be able to own a home and pay for college. Keep borrowing and only the banker gets rich.
    “You seek escape from pain. We seek the achievement of happiness. You exist for the sake of avoiding punishment. We exist for the sake of earning rewards. Threats will not make us function; fear is not our incentive. It is not death that we wish to avoid, but life that we wish to live.” - John Galt

  3. #33

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    Quote Originally Posted by Sirius Glass View Post
    Then your plan will not work for many people. A boat is a hole in the water that one fills with money. Children can have the same affect.
    Why on earth would I want to have children?

    Have you looked around lately?

  4. #34

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    Yes, let's take a look around. Who would want to bring children into the world as it is? After all, the U.N. 1990 poverty goal for 2015 was met in 2008. The world economy grew 6% in the last 7 years, but fossil fuel consumption went down by 4%. Life expectancy in Africa is 5 years longer than it was 10 years ago. The last decade had fewer war deaths than any decade in the 20th century.

    Who would ever want to bring children into the world as it was in 1945? Oh, right. My sister was born in 1946.

    Who would ever want to bring children into the world as it was in 1916?. Oh, right. My parents were both born in 1917.
    “You seek escape from pain. We seek the achievement of happiness. You exist for the sake of avoiding punishment. We exist for the sake of earning rewards. Threats will not make us function; fear is not our incentive. It is not death that we wish to avoid, but life that we wish to live.” - John Galt

  5. #35

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    Quote Originally Posted by jovo View Post
    Oh really? Let me know when you see Donald Trump shopping in Walmart Saving, unless you earn a great deal and spend almost nothing, is NOT the way to become a millionaire. This I know from experience!!! LOL!!!

    Yes, my uncle started with nothing back in 1962, and after 50 years of working 12 hours a day, often 6 days a week, he is a millionaire. He sent all of his kids to university (he couldn't afford such an education for himself), and he eventually built a nice house for his wife. But he has never owned a new car, he wears a Timex watch, and yes, he does shop at Walmart. He would never buy a Leica camera, no doubt he was a little heartbroken when he could no longer get film for his old Polaroid Land camera. It's interesting that many of his employees own new cars, and wear nicer clothes and watches, but then again, they will never become millionaires.

    Most millionaires in America are small business people, not bankers, doctors, or lawyers, and becoming a successful small businessperson requires a lot of sacrifice and risk. These people generally don't part with their money for frivolous things, and Leicas are certainly frivolities.

    That said, I own, and have owned many Leicas, and I have always managed to sell them for at least a small profit. In my case, Leica cameras have been good investments.
    Last edited by sangetsu; 12-24-2012 at 09:13 PM. Click to view previous post history.

  6. #36

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    Quote Originally Posted by jovo View Post
    Oh really? Let me know when you see Donald Trump shopping in Walmart Saving, unless you earn a great deal and spend almost nothing, is NOT the way to become a millionaire. This I know from experience!!! LOL!!!
    Trump was born a millionaire. His father was wealthy.

  7. #37

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    Quote Originally Posted by jovo View Post
    Oh really? Let me know when you see Donald Trump shopping in Walmart Saving, unless you earn a great deal and spend almost nothing, is NOT the way to become a millionaire. This I know from experience!!! LOL!!!
    Really? That's how we did it.
    “You seek escape from pain. We seek the achievement of happiness. You exist for the sake of avoiding punishment. We exist for the sake of earning rewards. Threats will not make us function; fear is not our incentive. It is not death that we wish to avoid, but life that we wish to live.” - John Galt

  8. #38

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    Quote Originally Posted by Sirius Glass View Post
    That is ok if you never want to own a home or pay for college for your childern. I was being sirius not serious when I posted that siriusly.
    um ... own our own home, sent one kid through college and the other through professional training AND are saving college funds for the grand kids.

    No home debt, no credit card debt, cars both paid for and haven't bought a car on time in 30 years. We bought the house on a 15 year mortgage and paid it off in 12 and haven't looked back.

    you CAN do it. You just have to live like those millionaires a few others have described -- never buy new cars, use a timex watch, eschew frivolities (except Leicas) and never waste money on cable TV or "smart" phones that cost you $150 a month.

    oh yeah, and I'm a journalist, and my wife, when I married her, was a welfare mother.

  9. #39

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    Quote Originally Posted by thedancefloor View Post
    Thanks for the comments everyone. I think I will sell it, and come back to it, when I have nothing better to buy with all my millions.

    The thing has held its value for sure. The lens alone has increased in value about $500 in 3 years. But maybe this craziness is over?
    Yeah the lenses seem to have done better in some respects then the bodies in any brand. I remember when FD lens prices (and others) were falling till 4/3rd's cameras came out and adapters showed up. Then every great lens in the Pentax, Minolta and FD lineup's started going up. Leica glass seems to have weathered the storm better. I'd say keep the glass, sell the body and buy a Bessa if you like rangefinders. But David's comment above about shooting is really the way to go.
    W.A. Crider

  10. #40
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    If I wanted to invest my money I certainly wouldn't buy photographic equipment with it.
    Ben

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