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cheap gas or fat portfolio?

post #1 of 16
Thread Starter 
Wow, gas is down to $1.68 in my neck of the woods (Northern Virginia). What is more important for your skiing plans this winter, cheap gas or a strong investment portfolio?

I live in an area where the closest day trip skiing is about 85-100 miles each way and several times a winter I'll drive nearly twice that far each way for a single day of skiing. If current gas prices hold, I could be up for a few more day trips than normal...as long as I still have a job by January
post #2 of 16
The lower gas prices were totally unexpected this summer. I think that many people are cautious about spending on anything right now, so pass sales and vacation trips could be down. That said, this sure makes a local trip a lot easier.
post #3 of 16
I'll take cheap gas over a fat portfolio any day. Especially since I don't have a portfolio - fat or otherwise.
post #4 of 16
My thin portfolio likes the cheap gas. You driving to the Knob this year?
post #5 of 16
Quote:
Originally Posted by Laurel Hill Crazie View Post
My thin portfolio likes the cheap gas.

Have you guy's seen this site for finding the cheapest gas prices. It's pretty much on target. Not perfect, but pretty good.


http://autos.msn.com/everyday/GasSta...06071&x=10&y=9

That's for my zip code but type in your's and then save it.
post #6 of 16
Thanks, I checked it out and the station right down the street has the cheapest diesel around. (TDI)
post #7 of 16
Howz dat TDI in Feb.?
post #8 of 16
Quote:
Originally Posted by Jamesj View Post
Wow, gas is down to $1.68 in my neck of the woods (Northern Virginia). What is more important for your skiing plans this winter, cheap gas or a strong investment portfolio?

I live in an area where the closest day trip skiing is about 85-100 miles each way and several times a winter I'll drive nearly twice that far each way for a single day of skiing. If current gas prices hold, I could be up for a few more day trips than normal...as long as I still have a job by January
I just filled up for less than 20bucks for the first time in the past couple years.

this IMO is NOT a good thing on the long term for the whole country. We need to realize that buying a car that gets 20mpg is not a good thing. and people need to stop using a car for every little trip they need to make.
post #9 of 16
People staying home due to current economic situation = some great deals to be had out there on lodging.

And a good time to ditch all my frequent flyer miles for free flights
post #10 of 16
Quote:
Originally Posted by Jamesj View Post
,.....cheap gas or a strong investment portfolio?
I remember the days when we had both!
post #11 of 16
Hmm... maybe skiers who have to drive long distances should invest in gas futures to hedge against rising fuel prices? :-P

Dumped what was in the portfolio earlier this year to go towards the down payment on my new condo. We'll see in a few years if that was a good idea or not... but FWIW, that money would have gotten nuked short-term if I hadn't cashed it out.

Quote:
I just filled up for less than 20bucks for the first time in the past couple years.

this IMO is NOT a good thing on the long term for the whole country. We need to realize that buying a car that gets 20mpg is not a good thing. and people need to stop using a car for every little trip they need to make.
I feel like most people won't forget $3+ gas too quickly... but Americans can have very selective memories sometimes.

Not using a car can be really tough depending on where you live and work (and ski). Public transit outside of most urban areas blows.
post #12 of 16
Quote:
Originally Posted by comprex View Post
Howz dat TDI in Feb.?
No problems, none and I only have 107,000 miles on it. My old Jetta diesel (nonTDI) got a little ornery when temps stayed in the single digits for several days but then I learned I needed a new injector pump... and only after 230,000 miles, geez. Fuel line froze once in the '81 Rabbit too. Fuel not winterized????
post #13 of 16
Well I have no portfolio, stable employment and am making more money now than I ever have in my 30 years on this planet.
So I say low gas prices are great, very soon may be the time to build my portfolio (rock bottom buys) and less NYC trash on the hills of VT and NY thanks to the shrinking economy (no offense AT_NYC or RR, well maybe RR you do seem like a walking downstate skier stereotype, albeit a fairly cool one). Plus travel deals may pop up.

Then again I feel horrible for my semi-retired parents who had hoped to live off their investments...
post #14 of 16
Thread Starter 
Quote:
Originally Posted by Laurel Hill Crazie View Post
My thin portfolio likes the cheap gas. You driving to the Knob this year?
Sure, but first things first. Probably Wisp for special Birthday discounts on 12/14. That will be one of my ~400 mile ski days. (But at least I usually bring a full car/van.)

BTW, no portfolio for me either. It's gone for kid's education costs before I know I even have it.
post #15 of 16
Quote:
Originally Posted by Max Capacity View Post
Have you guy's seen this site for finding the cheapest gas prices. It's pretty much on target. Not perfect, but pretty good.


http://autos.msn.com/everyday/GasSta...06071&x=10&y=9

That's for my zip code but type in your's and then save it.
here's another...

http://www.gasbuddy.com/

seen on the news that it's $1.85 in Colchester, there's a little war going on at 3 stations.
post #16 of 16
Quote:
Originally Posted by Jamesj View Post
Wow, gas is down to $1.68 in my neck of the woods (Northern Virginia). What is more important for your skiing plans this winter, cheap gas or a strong investment portfolio?

I live in an area where the closest day trip skiing is about 85-100 miles each way and several times a winter I'll drive nearly twice that far each way for a single day of skiing. If current Tgas prices hold, I could be up for a few more day trips than normal...as long as I still have a job by January
I'm baffled as to why you've contrasted gas prices and investment portfolios as they are completely unrelated(unless you're invested in oil stocks). What was your logic in that?

To answer your silly question, I'll take both.
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