There are so many bad arguments here it is pathetic.
-Number 1 I own a bsiness and 8 trucks. I get 5% back on my AmEx card, but you are damn right Id buy 31k in gas from anyone for 15k. We would probably meet at said store and have each card checked or some other security measure, but Id do it in a heartbeat. So you approach some corp. myth is debunked.
-10 years is garbage, our personal fuel bill is over $800/month maybe 5 years.
- you are damn right I will take a house WORTH 500 before I take 350k cash. Id sell the 500k house CHEAP for 450, make 100k extra and be tax sheltered, next.
- rambling about investing 15k for 15k worth of gas is assinine and totally not the point. I would gladly pay you 15k for 31k worth of gas today. (any idea wheen the last major gas price drop was?)
-why dont people do it alreeady? Ummm where the hell are you living? Ever hear of oil futures? thats exactly what that is, people bying tanker trucks full and sitting. Actually I know a local Cstore owner who shut off his pumps and tagged them out of fuel (while they were actually full) two weeks ago because he figured the gas would be worth more 1 week later.
I bet you would takee the hypothetical $100,000 before the magic penny too, right? Thats what you are saying....
Geez...15k liquid vs 31k hard goods....NO BRAINER and thats before we discuss tax implications, which by the way make it more of a no brainer.
Quote:
Originally Posted by Hell Atlantic
yeah, but when everyone is driving their fuel efficient cars that run on [insert prevailing alternate source of fuel here] and you still have your gas guzzler that runs on gas...
some silly people in this thread think you can simply walk up to any ole corporation and broker deals to exchange fuel/gift cards for cash. as if you stocked up on gas when it was under $3 a couple years ago and can sell your cheap gas for a profit. who here honestly thinks they can simply call up a corporation and say "hey, i'll sell you some gas for cheap"? to me, time is money. the amount of time it would take to actually sell the gift card is worth more than the profit one could make. time is a more valuable resource than fuel. take the cash.
that's like saying you'd rather someone give you a house worth $500K in this horrible housing market rather than someone give you $350K cash. if you take the house (providing you don't already own one) then you don't have any business discussing financial hypothetcial questions. and i'm looking at lynchjim when i say this.
|
Quote:
Originally Posted by Hell Atlantic
there are more questions about how exactly the gas will be distributed to you, what strings are attached or whatever. if you like to deal in fantasy transactions (if i can get x amount of people to buy this from me, i can make x amount of money) then that's your problem. money talks. cash is liquid. its a lot easier to unload 4 tickets than it is to find the numerous sellers required who will purchase gift cards/certificates. if that's the case - why don't you invest 15K of your own money into $15k worth of gas at today's current prices, that way when it goes up to $5 next summer you can approach that business owner you mentioned who is interested in buying your gas. if that's the case why don't people do that already? everyone knows the price of gas is going to rise, how come you don't see people buying gas now and selling it in the future when it costs more?
you make it sound like business owners who utilize transportation, like shipping/delivery companies don't already use their own corporate gas cards for perks. i would love to see you walk up to this supposed business man in your above scenario, offer to sell him your gas cards and he goes "why would i buy your gas cards with cash when i can purchase gas with my Exxon Visa corporate card and be entitled to rewards and other incentives?".
this douche lynch is trying to insinuate if he saw someone selling gas for $2 a gallon out of the back of a truck he'd actually buy it sight unseen. or if he walked by an alley and someone said "pssst, you there, wanna buy some cheap gas cards?" lynch would be gung-ho for it. where is this huge market that exists that would purchase discount gas cards sight unseen? you mean to tell me if you saw someone selling discount gas cards in craigslist you would buy them just like that and assume it was legit and not a scam? if that's the case i have some cards in my drawer here i can sell you really cheap that each have a balance of $100 on them that you can use at any gas station you want. i promise it's completely legit.
|