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Reply to "buy for re-sale"

Originally Posted by J Daddy:
Originally Posted by Dennis Rempel:

This sounds to me like day trading on the stock market or buying houses to flip, you better know what your doing.

20 years ago yes, today no. Todays trains depreciate like HO or a new car.

I plan to buy the new $1,900 Big Boy for $500 10 years from now.

Lol, don't hold your breath... the Vision Line 2-10-10-2 is still holding its value... so is the black vision line Hudson.... could be a long weight.

Well, that's all of two. Maybe. But the definition of "holding its value" is an elusive one. Dennis is correct - you better know what you're doing, and even if you do, it's virtually impossible to predict what items will "hold their value." Pretty much everything will lose its value, in that almost no items will ever sell for more that what was originally paid for them. And with inflation, things would have to increase in price just to "hold their value."

 

I suspect that there will be large discounts on Big Boys after a few years, given that there will be a lot of them around, and an ever-decreasing number of people who would want to buy them.

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