What side of the Aluminum fence are you on?!
09-07-2014, 08:46 PM
#21
Senior Member
Lots of good stuff here, but in any case, we can buy an aluminum truck now or buy one later. They'll all be aluminum in 5 years...every manufactuer.
If you choose to wait, take the 50K you would have spent this year, buy Alcoa shares, hold it for three years, take the proceeds and buy your new truck.
If you choose to wait, take the 50K you would have spent this year, buy Alcoa shares, hold it for three years, take the proceeds and buy your new truck.
Two years ago, $50,000 would have bought ~ 6,400 shares of Alcoa. At the market close last Friday, those shares could have been sold for $110,600. So, you would have both the $50,000 F-150 purchase price and your initial $50K investment intact. The market anticipates that Alcoa's automotive aluminum sales will triple within the next two years.
09-07-2014, 09:25 PM
#22
Senior Member
Yup...and there are other aluminum companies that'll get a big bump from this change in the industry. Pick your man and go with it.
But, this is not an investment forum, so we better shut up before everyone starts yelling at us!
But, this is not an investment forum, so we better shut up before everyone starts yelling at us!
09-07-2014, 10:50 PM
#23
Senior Member
If you choose to wait, take the 50K you would have spent this year, buy Alcoa shares, hold it for three years, take the proceeds and buy your new truck.
If you need to make some money for the new 2015, consider Alcoa Aluminum, $9.27 a share today.
https://www.f150forum.com/f2/propose...225378/index5/
Aluminum, like the Ecoboost engines, is here to stay. Like the Eco, there may be problems initially, but they will be worked out. Steel bodies will go the way of wooden boats, favored by a handful of diehards.
09-08-2014, 02:09 PM
#24
Huge Member
Thread Starter
Ford stated the aluminum was stronger than the steel used now.
09-08-2014, 06:02 PM
#27
Senior Member
Aluminum is here to stay. Kudos to Ford for being "first"... and awesome the SD is going that way too.
You really think your 09-14 truck would fare any better? I don't. I'm sure you could put a hole in it with a screwdriver. Next time you close your door, watch the exterior door panel flop like a sheet of paper when it closes.
You really think your 09-14 truck would fare any better? I don't. I'm sure you could put a hole in it with a screwdriver. Next time you close your door, watch the exterior door panel flop like a sheet of paper when it closes.
09-08-2014, 06:31 PM
#30
Senior Member