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  #16  
Old 06-09-2007, 07:53 PM
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well i did it anyways. it was the best investment i have made in a while. plenty of room too. heres a crappy pic. i was in a hurry friday

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  #17  
Old 06-09-2007, 07:59 PM
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Originally Posted by John Doe View Post
Kmay--aren't you still in HS? If your college isn't funded I would put the $ in an ESA. If college is funded, I would put it in a Roth IRA. If you are the beneficiary of a significant trust or receiving the max UGTM amount from several generous relatives each year, go for it, and get your self a Van Staal fishing reel while you are at it (sorry Hatt )
Chaos rod and reel.....
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  #18  
Old 06-09-2007, 08:56 PM
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Chaos rod and reel.....
eh im not that into fishing.
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  #19  
Old 06-09-2007, 09:51 PM
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Originally Posted by kmaysob View Post
well i did it anyways. it was the best investment i have made in a while. plenty of room too. heres a crappy pic. i was in a hurry friday
I've got an old Snap-On box that some poor mechanic owned/rented for about a year before the snap-on guy threatened to repo it. I saw it in the shop all shiny and handsome, and asked him about it. I gave him $1k in cash and that was that. That was 15 years ago.

Every time I see the snap-on guy he's got 3-4 used units locally. They're usually about 30% of new if you go around the snap-on guy, if he gets involved he'll add 50% back in the deal for his pocket. They evidently hang around these auto-shop colleges like the one in NC and plague on those poor kids just coming out of school with $20k in upside down credit.

Your investment? Look dude, it's like your Merc - it depreciates. Unless it's signed by Kimi Rikonen it's not a collectors piece. And it won't help with security either. If anything it puts it all in one comfy place for the thieves to roll out.

Have to admit though - that's one of the better looking boxes I've seen. Just hang onto it IMHO, pass it down to the kids. Whack them in the head with your cane when you get old and they attempt to garage sale it
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  #20  
Old 06-09-2007, 11:15 PM
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Originally Posted by ASaltyDog View Post
I've got an old Snap-On box that some poor mechanic owned/rented for about a year before the snap-on guy threatened to repo it. I saw it in the shop all shiny and handsome, and asked him about it. I gave him $1k in cash and that was that. That was 15 years ago.

Every time I see the snap-on guy he's got 3-4 used units locally. They're usually about 30% of new if you go around the snap-on guy, if he gets involved he'll add 50% back in the deal for his pocket. They evidently hang around these auto-shop colleges like the one in NC and plague on those poor kids just coming out of school with $20k in upside down credit.

Your investment? Look dude, it's like your Merc - it depreciates. Unless it's signed by Kimi Rikonen it's not a collectors piece. And it won't help with security either. If anything it puts it all in one comfy place for the thieves to roll out.

Have to admit though - that's one of the better looking boxes I've seen. Just hang onto it IMHO, pass it down to the kids. Whack them in the head with your cane when you get old and they attempt to garage sale it


well the difference between me and the autoshop students is im already in my position. i didnt buy with the hope of selling it in 5 years. i hope to have it for 20+. it has a lifetime warrenty on the slides. as far as secturity goes, it weighs 700lbs empty,it gets locked in the tool crib at night and everything i own is insured by my company. thank you, you should see it up close.
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  #21  
Old 06-10-2007, 12:59 PM
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My $0.02 take on it is that every decision in life doesn't need to be made based on the fact that it makes economic sense, or if it is a depreciating asset.

It is a lesson my father never learned (passed away 8 years ago).

Every decision he made was based on whether or not it made financial sense, or whether you could get your money back, or whether it improved the value of the asset.

I remember in high school my first car was a stripper model with no carpet, just ugly vinyl floor, and I hated it.

I saved my money and paid something like $90 to have a shop put in new black carpet, and I never heard the end of it from him. He thought it was a waste of money putting carpet in an old, beat up car that wasn't worth the money.

He just didn't get it. It made me happy.
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  #22  
Old 06-10-2007, 04:10 PM
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GO FOR IT! You only live once! If you don't get it then you will keep on wanting it until yo do get it so save yourself the agony and JUST GO FOR IT DUDE!

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