My concern is the rule change that allows private equity to be part of IRA accounts. It's ill advised in my opinion. It used to be only "qualified investors" who presumably understood the complexity or could absorb the downside risk. Now it's anybody and everybody can have some private equity.
I used to always buy used cars from the dealer auction with a friend. This time I researched a dozen new mid-size SUVs two years ago. I was going to test-drive them all and then decide. I first stopped at a Honda dealership and no one would talk to me and left. The next stop was a Toyota dealership. Tested a RAV4 but decided it was too small. Tested a Venza LE, bought it and paid cash. Love it and recommend it. Hybrids are fantastic.
My question is how to sell my previous SUV, a Cadillac SRX. Dealers only will give me half its value. A friend suggested Craigslist. I wonder whether that's safe with all the scammers and thieves around now.
Comments
My concern is the rule change that allows private equity to be part of IRA accounts. It's ill advised in my opinion. It used to be only "qualified investors" who presumably understood the complexity or could absorb the downside risk. Now it's anybody and everybody can have some private equity.
Post: Lessons from First Brands
Link to comment from November 1, 2025
I used to always buy used cars from the dealer auction with a friend. This time I researched a dozen new mid-size SUVs two years ago. I was going to test-drive them all and then decide. I first stopped at a Honda dealership and no one would talk to me and left. The next stop was a Toyota dealership. Tested a RAV4 but decided it was too small. Tested a Venza LE, bought it and paid cash. Love it and recommend it. Hybrids are fantastic. My question is how to sell my previous SUV, a Cadillac SRX. Dealers only will give me half its value. A friend suggested Craigslist. I wonder whether that's safe with all the scammers and thieves around now.
Post: Driving Me Crazy
Link to comment from March 15, 2023