We investment guys like to think of an investment was a speculation that
worked out well, while a speculation was an investment that did not. :>)
73 de W6OGC Jim Allen
On Thu, Apr 24, 2014 at 8:42 PM, Cecil <chacuff@cableone.net> wrote:
> All depreciating assets....but loads of fun.
>
> Sent from my iPad
>
> > On Apr 24, 2014, at 8:35 PM, Dave Edwards <kd2e@comcast.net> wrote:
> >
> > Wish I "expensed" for a few cases of the Ameco AC-1 kit novice
> transmitter back in the day!
> > I could afford that new Mercedes you mentioned :-)
> >
> > ...Dave
> >
> >
> >> On 4/24/14, 9:29 PM, Bob McGraw - K4TAX wrote:
> >> Remember folks, ham radio is a hobby. Anything we purchase is an
> expense and thus is not an investment. Based on my understanding,
> investments make money or they are supposed to do so, expenses are
> depreciated which means the value of the item purchased is expected to
> decrease. Just ask any business professor or tax consultant.
> >>
> >> So is that $700 spent for the RX-366 and investment or an expense?
> Well it technically is an intangible investment based solely on ones
> perceived pleasure with its use. Does it add $700 to the value of the
> Orion? If it does it is an investment, otherwise it is an expense.
> >>
> >> So is that new Mercedes in your garage an expense or an investment?
> >>
> >> 73
> >> Bob, K4TAX
> >>
> >>
> >>
> >>
> >> ----- Original Message ----- From: "Kimberly Elmore" <
> cw_de_n5op@sbcglobal.net>
> >> To: "Discussion of Ten-Tec Equipment" <tentec@contesting.com>
> >> Sent: Thursday, April 24, 2014 4:07 PM
> >> Subject: Re: [TenTec] RX-366?
> >>
> >>
> >> No worries! I occasionally get to buy myself toys, too! My kids aren't
> in college, yet, but this won't make or break their ability to go. Rest
> assured that if I thought I had an instrument that would yield enough
> return that $700 would make a significant contribution to their college
> fund, I'd have put the money there!
> >>
> >> Kim N5OP
> >>
> >>
> >> ________________________________
> >> From: K8JHR <jrichards@k8jhr.com>
> >> To: Kimberly Elmore <cw_de_n5op@sbcglobal.net>; Discussion of Ten-Tec
> Equipment <tentec@contesting.com>
> >> Sent: Thursday, April 24, 2014 3:51 PM
> >> Subject: Re: [TenTec] RX-366?
> >>
> >>
> >> No problem with that outlook, KE... it all depends on your resources
> >> and threshold for economic pain. I purchased the Orion II for the same
> >> reason... my Omni VII works well... but I just plain wanted the Orion II
> >> and scarfed a super clean, minty one for cheap !!
> >>
> >> I am LUCKY my XYL is OK with it.
> >> Now... to sell her on the tower idea... ;-)
> >>
> >> I also believe a guy is due some sort of trophy or prize for having
> >> survived the working world - paying for the cars, the house, kids in
> >> college, shoes, clothing... and after paying for all that a guy DESERVES
> >> some sort of treat for having made it. So I understand your position
> >> completely.
> >>
> >>
> >> ---------------- K8JHR -------------------
> >>
> >>
> >>
> >> On 4/24/2014 4:32 PM, Kimberly Elmore wrote:
> >>
> >> to be perfectly honest, I bought it simply because... Well, I *wanted*
> >> one. I wanted a fully decked out O II. Like so many things, it's a
> >> decision made for purely personal and somewhat selfish reasons.
> >>
> >>
> >> _______________________________________
> >>
> >>
> >> _______________________________________________
> >> TenTec mailing list
> >> TenTec@contesting.com
> >> http://lists.contesting.com/mailman/listinfo/tentec
> >> _______________________________________________
> >> TenTec mailing list
> >> TenTec@contesting.com
> >> http://lists.contesting.com/mailman/listinfo/tentec
> >>
> >>
> >> _______________________________________________
> >> TenTec mailing list
> >> TenTec@contesting.com
> >> http://lists.contesting.com/mailman/listinfo/tentec
> >
> > _______________________________________________
> > TenTec mailing list
> > TenTec@contesting.com
> > http://lists.contesting.com/mailman/listinfo/tentec
> _______________________________________________
> TenTec mailing list
> TenTec@contesting.com
> http://lists.contesting.com/mailman/listinfo/tentec
>
_______________________________________________
TenTec mailing list
TenTec@contesting.com
http://lists.contesting.com/mailman/listinfo/tentec
|