If you are thinking of buying a new RV it is time to pull the trigger
Monday, September 28th, 2009With RV prices down, interest down, now is the time to buy if you are thinking about it. Buy it, pay it off if you can and headout on the highway.
The financial picture for the country is not good. When the news turns dark again I’d rather be sitting at a campsite in the mountains than at home listening to my neighbors moan.
Just think about it . . .
- AIG, Goldman Sachs and the others have not changed the way they do business. There is still no over-sight nor penalties for loosing money (like going out of business).
- We still reward loosing money, not making it at all or playing recklessly with other people’s. Look at Twitter, no profit, little if any revenue yet still worth $1 billion dollars.
- Goldman Sachs and others are paying bigger bonuses than before.
- The precedent for bailing out firms “to big to fail” has been established so it will be used again.
- The FHA has more loans more than 30 days late than ever before. When will they need their bail-out?
- Our government keeps spending (borrowing from China) which makes the dollar worth less and less. Wait until China stops buying it.
So get that RV. Keep it loaded and ready to go. When times get tough, the tough go camping! You can go to that closed campground, drive around the locked gate and join all the others there enjoying and using their park. Yahoooo!




