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Sunset Vette

04 Jul

How To Buy a Corvette for $10K

I tell people that I only paid about $10K for my Corvette, and as you can imagine that gets some interesting looks. The follow-up question is generally along the lines of, “How can I do that too?”

Here’s how. :)

You find a stock like Oracle. Buy and sell at the points marked. Take your capital gains (after paying appropriate taxes, of course) and go down to your local Chevrolet dealer and enjoy the results.

Unfortunately I did not sell all of my Oracle stock at the point indicated on the graph, but I did sell enough to make my dream car much more affordable than it might have been otherwise.

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