Does anything depreciate faster than....?

[Barbara Moulton]

Does anything depreciate faster than paperback books?

I have discovered a mystery writer that I like by the name of Minette Walters. I picked up one of her mysteries at a garage sale for .25 cents and thoroughly enjoyed.

The next time I was in a bookstore, I made the unusual decision to buy one of her books in paperback. For me to buy a paperback book new is rare. I usually go to the library or, as I already implied, buy books at garage sales.

Anyway, the book that I bought at the garage sale was also on the shelf. I had bought it for .25 cents. New it was $9.99 (CAN).

My limited math skills tell me that this is 98% depreciation in a short period of time.

Is there any other product that you can purchase that would depreciate faster?

[Gordon Greene]

Toilet paper. By the time you are finished with it it no longer has any value. :)


.....peace.....

[Gordon Greene]

Other things that depreciate quickly.

Fireworks.

Newspapers.

Birthday candles.

My sense of humor.

.....peace.....

[Barb Bouldrey]

Oh, Gordon, you have me laughing out loud!

Thanks

Barb

[John Kennedy]

Does anything depreciate faster than paperback books?

I have discovered a mystery writer that I like by the name of Minette Walters. I picked up one of her mysteries at a garage sale for .25 cents and thoroughly enjoyed.

The next time I was in a bookstore, I made the unusual decision to buy one of her books in paperback. For me to buy a paperback book new is rare. I usually go to the library or, as I already implied, buy books at garage sales.

Anyway, the book that I bought at the garage sale was also on the shelf. I had bought it for .25 cents. New it was $9.99 (CAN).

My limited math skills tell me that this is 98% depreciation in a short period of time.

Is there any other product that you can purchase that would depreciate faster?


Have found part of a way to beat it. Our public library has a support group called FRIENDS OF THE LIBRARY that operates a used book store in the basement. I go in and buy 10 or 12 paperbacks @ .25, sample all of them and throw away the ones I don't want. I have also bought some very nice hardbacks for $.50. It warms the cockles of this Scot named Kennedy's heart.

[Barbara Moulton]

Have found part of a way to beat it. Our public library has a support group called FRIENDS OF THE LIBRARY that operates a used book store in the basement. I go in and buy 10 or 12 paperbacks @ .25, sample all of them and throw away the ones I don't want. I have also bought some very nice hardbacks for $.50. It warms the cockles of this Scot named Kennedy's heart.

That's how I often get books too, only at the hospital where I work. The auxilliary holds a sale about once a month.

It's a very rare occurence for me to buy a book retail.

[Andrea Larabee]

Hardback books depreciate just as quickly if not worse!! THe local used bookstore here has over a hundred hardback books they can't even sell for one dollar!

[Dana Grant]

Does anything depreciate faster than paperback books?

I have discovered a mystery writer that I like by the name of Minette Walters. I picked up one of her mysteries at a garage sale for .25 cents and thoroughly enjoyed.

The next time I was in a bookstore, I made the unusual decision to buy one of her books in paperback. For me to buy a paperback book new is rare. I usually go to the library or, as I already implied, buy books at garage sales.

Anyway, the book that I bought at the garage sale was also on the shelf. I had bought it for .25 cents. New it was $9.99 (CAN).

My limited math skills tell me that this is 98% depreciation in a short period of time.

Is there any other product that you can purchase that would depreciate faster?


Barbara,

On the other hand, if you read the books and then sell them in your own yard sale for $0.25, then you've got your money back!! No depreciation at all!! LOL

OR, sell it for $.50 and make a PROFIT!!

Just thought I'd give another point of view............


And GORDON, you are hilarious!

Dana

[Barbara Moulton]

LOL! You are right. At my garage sale last week I sold many of the books that I had bought for .25 cents.

We can't get .50 a book at garage sales up here. The standard seems to be .25 cents each or 5 for $1.00.

Barbara,

On the other hand, if you read the books and then sell them in your own yard sale for $0.25, then you've got your money back!! No depreciation at all!! LOL

OR, sell it for $.50 and make a PROFIT!!

Just thought I'd give another point of view............


And GORDON, you are hilarious!

Dana