---------------------------------------------Quote from AMT4SWA:
I will decide which kit I will build by the end of November, just after the Thanksgiving Holiday. Next, during the first week of December, I will purchase and have the kit shipped out to start off the building process. I am looking forward to a change of pace and working with a new challenge on a different level (NOT sitting in a chair all day and watching LCD screens....LOL!). Time to get off my a$$ and have some fun in my previous vocation.....aviation![/B]
Quote from AMT4SWA:
I have decided in the last month that I would take about 12 months off from heavy intraday trading. I have been trading for many years now and this was my best year by far (total dollars earned). I will still maintain and trade my Long Term accounts as needed, per market conditions and opportunities that present themselves.
I decided it was time to do something that I have REALLY REALLY wanted to do for some time now..........build a tangible asset!
Here are my three choices to date;
Lancair IV P - http://www.lancair.com/Main/iv_ivp.html
Velocity TXL - http://www.velocityaircraft.com/airplane-models-txl.html
Epic LT - http://www.epicaircraft.com/LT.html
I will decide which kit I will build by the end of November, just after the Thanksgiving Holiday. Next, during the first week of December, I will purchase and have the kit shipped out to start off the building process. I am looking forward to a change of pace and working with a new challenge on a different level (NOT sitting in a chair all day and watching LCD screens....LOL!). Time to get off my a$$ and have some fun in my previous vocation.....aviation!
Quote from AMT4SWA:
Time to get off my a$$ and have some fun in my previous vocation.....aviation!
Well built homebuilts like the Lancair IV P have decent APPRECIATION. These type of aircraft do very well in a slow economy where the regular certified aircraft manufacturers cut production (plus the Lancair is FAST and has much better fuel economy versus the typical equally priced Beech, Cessna, or Piper).
There is about 200k in labor cost saved by building the kit yourself. Once you pay for the fastbuild kit, new engine/prop, and instruments, the total cost of the aircraft is just over $200k. The VALUE of the aircraft once completed and certified by the FAA in the Experimental category is in the $429k to $479k range depending on options.
Quote from AMT4SWA:
There is about 200k in labor cost saved by building the kit. Once you pay for the fastbuild kit, new engine/prop, and instruments, the total cost of the aircraft is just over $200k. The VALUE of the aircraft once completed and certified by the FAA in the Experimental category is in the $429k to $479k range depending on options.
