WIX Archives
Real Value / Imaginary Value
Posted by Christer on Thu Oct 24, 2002 07:15:55 PM
In reply top Re: I´m beginning to understand ..market values posted by PeterA on Thu Oct 24, 2002 06:00:44 PM
Peter, I see what You mean.
I?ve invented two terms, Real Value and Imaginary Value.
The Real Value is easy to calculate, you just add the costs and get a total.
The Imaginary Value is more difficult because it depends on many factors, the RV seemingly not one of them, at least not decisive.
Other factors are; rarity, historic significance, demand on the market and, the most important, the general economic situation.
This would mean that if you acquire a warbird project and rebuild it, it?s like making an investment on the stock exchange. At a low you?ll have to bide your time or loose money!?
Christer
(probably boring a few people)
Follow Ups:
- Cost is known , value is perceived - bdk Thu Oct 24, 2002 08:18:23 PM
- You´re putting me on!!!!!! - Christer Fri Oct 25, 2002 04:37:30 AM