On Fri, 27 Nov 2015 13:47:48 -0800 (PST), DerbyDad03
wrote:

On Friday, November 27, 2015 at 4:23:37 PM UTC-5, Oren wrote:
On Fri, 27 Nov 2015 13:16:26 -0800 (PST), DerbyDad03
wrote:

A Beanie Baby purchased for a kid to play with is a toy. A Beanie Baby purchased to be
stored in its original package to be sold later at (hopefully) a higher price is an investment.

If you buy a $10 power tool, part it out and sell the parts for a
higher price, is that an investment?

Sure, but probably only if that was your original intent.

I sold a car to my mechanic for the price I could have gotten for scraping it. His intention
was to teach his son how to fix it up enough to be a winter beater. Once they got into it,
they found out it was too far gone - the frame was rusted out. He ended up parting it out
and made more than he paid for it. It turned out to be an "investment" but it didn't start
out that way, so I don't feel that it counts as one.

Had he not bought a piece of junk he would have had a better
investment? G