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dave_bernard

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Posts posted by dave_bernard

  1. As Johnson Cheung speculates that not many have made money with their

    M6s, while the DJIA has doubled since 95...

     

    <p>

     

    As an 'inflation hedge,' the M6 does not have a good record; much to

    the contrary. In 1990 I bought an M5 with US Passport, discounted,

    after rebates, to $1800.

     

    <p>

     

    By the time I sold my M6's in 95, they were retailing for $2800 with

    US Passport (not a misprint) from the New York discount houses. So

    when in 1995 I sold my then-5 year old bodies for $1900, I actually

    made money.

     

    <p>

     

    Fast forward to today, when the discounted US price is again down

    around $1800 after rebates, but the used retail price for the '90

    models is probably, what, $1150

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