"Creating Wealth" with warbirds...
Tue Dec 11, 2012 9:57 pm
Re: "Creating Wealth" with warbirds...
Tue Dec 11, 2012 10:03 pm
Best way to end up with a small fortune in aviation is to start with a large one.
Re: "Creating Wealth" with warbirds...
Tue Dec 11, 2012 10:06 pm
That's why I've paid more in hangar rent to restore my plane than it is worth...
Re: "Creating Wealth" with warbirds...
Tue Dec 11, 2012 11:00 pm
If you didn't have any money and wanted to get into the Warbird game, there's nothing quite like being able to do it with someone else's money.
Re: "Creating Wealth" with warbirds...
Wed Dec 12, 2012 9:35 am
I think it's a good and creative idea.
Right now we frequently have a situation where people not directly involved in the warbird restoration business have opinions about how planes should be restored, operated or whatever, and the response from those in the community often is, "If you want them to restore the plane your way, give them $XXX to do it." And the retort comes back, "Why should I give my money to someone else for their plane, especially when the someone else is a mega-millionaire or a museum serving as a front for same?" A capital raising scheme like this gives normal folks the opportunity to be an investor/owner rather than simply a donor. As such those who wish to contribute to warbird restorations can now become more active participants.
Whether this particular outfit has any kind of a credible business plan to earn a return for investors, I'm much less sure. But the general idea seems sound enough.
August
Right now we frequently have a situation where people not directly involved in the warbird restoration business have opinions about how planes should be restored, operated or whatever, and the response from those in the community often is, "If you want them to restore the plane your way, give them $XXX to do it." And the retort comes back, "Why should I give my money to someone else for their plane, especially when the someone else is a mega-millionaire or a museum serving as a front for same?" A capital raising scheme like this gives normal folks the opportunity to be an investor/owner rather than simply a donor. As such those who wish to contribute to warbird restorations can now become more active participants.
Whether this particular outfit has any kind of a credible business plan to earn a return for investors, I'm much less sure. But the general idea seems sound enough.
August
Re: "Creating Wealth" with warbirds...
Wed Dec 12, 2012 9:39 am
It's never "aircrafts".
Re: "Creating Wealth" with warbirds...
Wed Dec 12, 2012 11:06 am
Right, he also doesn't know how to spell "principal," distinguish "their" from "there" or use an apostrophe. Signs of illiteracy are not exactly investor confidence builders.
August
August
Re: "Creating Wealth" with warbirds...
Wed Dec 12, 2012 11:31 am
Just want to make sure I have all my facts straight before I send all my money:
Investment Synopsis:
You will be a part owner buying as many shares as you want and collectively will acquire 40% of the company. Currenty selling shares at 1.00 per share with two choices. The income and growth play with the ability to have 20% of your investment create income at 7% annualized paid monthly to be returned to you in 24 months.
The remainder will be used to purchase shares for growth.
- Expected growth of 30% in 24 months and liquid after IPO.
The equity of the aircraft will be used to assess the share price of the company. once it goes public.
(If there is a sale of the aircraft before the IPO then profit will be distributed accordingly.)
Plain english assumptions (mine):
1. You will be a part owner buying as many shares as you want and collectively will acquire 40% of the company.
My take: Others can put in as much money as they like but we (Tallyho) will always retain 60% of the shares -- even if we don't actually buy any shares ourselves.
2. The income and growth play with the ability to have 20% of your investment create income at 7% annualized paid monthly to be returned to you in 24 months.
My take: 1.4% annualized income (assuming the $1/share model advertised, you would earn 7% on 20% of your investment) which you won't start seeing until 24 months later. Recap: After 2 years, I'll start seeing 1.4 cents/share income payable monthly. If I invest $100, I'll get a check every month for $1.40.
3. Expected growth of 30% in 24 months and liquid after IPO.
My take: Prospectus? You'll have to take our word for it. You'll be rolling in dough! World economic situation? Avgas availability? Skyrocketing insurance costs? Warbirds always increase in value.
My questions:
- Where are the millions bankrolling this? Anyone priced how much it takes to go public with an IPO?
- What's the overhead? Right off the bat, I see 4% going to PayPal just to cover the purchase of the 'shares'. Would I be correct in that there's at least one principal involved with this venture? I'm assuming that person will be drawing a salary/expenses?
- What's the business plan? Or is this the "if it costs $3M to restore, we'll sell for $6M" business model? Where's the $3M coming from?
Investment Synopsis:
You will be a part owner buying as many shares as you want and collectively will acquire 40% of the company. Currenty selling shares at 1.00 per share with two choices. The income and growth play with the ability to have 20% of your investment create income at 7% annualized paid monthly to be returned to you in 24 months.
The remainder will be used to purchase shares for growth.
- Expected growth of 30% in 24 months and liquid after IPO.
The equity of the aircraft will be used to assess the share price of the company. once it goes public.
(If there is a sale of the aircraft before the IPO then profit will be distributed accordingly.)
Plain english assumptions (mine):
1. You will be a part owner buying as many shares as you want and collectively will acquire 40% of the company.
My take: Others can put in as much money as they like but we (Tallyho) will always retain 60% of the shares -- even if we don't actually buy any shares ourselves.
2. The income and growth play with the ability to have 20% of your investment create income at 7% annualized paid monthly to be returned to you in 24 months.
My take: 1.4% annualized income (assuming the $1/share model advertised, you would earn 7% on 20% of your investment) which you won't start seeing until 24 months later. Recap: After 2 years, I'll start seeing 1.4 cents/share income payable monthly. If I invest $100, I'll get a check every month for $1.40.
3. Expected growth of 30% in 24 months and liquid after IPO.
My take: Prospectus? You'll have to take our word for it. You'll be rolling in dough! World economic situation? Avgas availability? Skyrocketing insurance costs? Warbirds always increase in value.
My questions:
- Where are the millions bankrolling this? Anyone priced how much it takes to go public with an IPO?
- What's the overhead? Right off the bat, I see 4% going to PayPal just to cover the purchase of the 'shares'. Would I be correct in that there's at least one principal involved with this venture? I'm assuming that person will be drawing a salary/expenses?
- What's the business plan? Or is this the "if it costs $3M to restore, we'll sell for $6M" business model? Where's the $3M coming from?
Re: "Creating Wealth" with warbirds...
Wed Dec 12, 2012 11:54 am
k5083 wrote:Right, he also doesn't know how to spell "principal," distinguish "their" from "there" or use an apostrophe. Signs of illiteracy are not exactly investor confidence builders.
August
You can add "warbirds" and "shares" to that list.
Re: "Creating Wealth" with warbirds...
Wed Dec 12, 2012 12:48 pm
"Wealth managers" are trying the same thing with very high-end vintage cars...(multi-million dollar old Ferraris, classic Buggatis and the like, not 69 Camaros 
)...with the same pitch.
"Instead of owning investments you can't have fun with, why not invest in something you like and can have some fun with?" It makes even more sense with cars where almost everyone can drive it occasionally. Additionally, you get to act like a big shot when the car is invited to a high end show like Pebble Beach.
Sports Car Market and other vintage collector car publications have written a lot about this type of investment. If you're interested, it would benefit someone to read those to get a better feel of the benefits and potential pitfalls of such an arrangement.
)...with the same pitch."Instead of owning investments you can't have fun with, why not invest in something you like and can have some fun with?" It makes even more sense with cars where almost everyone can drive it occasionally. Additionally, you get to act like a big shot when the car is invited to a high end show like Pebble Beach.
Sports Car Market and other vintage collector car publications have written a lot about this type of investment. If you're interested, it would benefit someone to read those to get a better feel of the benefits and potential pitfalls of such an arrangement.
Re: "Creating Wealth" with warbirds...
Wed Dec 12, 2012 1:10 pm
Dan Jones wrote:It's never "aircrafts".
Thank you
like irregardless (don't get me started)
Re: "Creating Wealth" with warbirds...
Wed Dec 12, 2012 1:31 pm
JohnB wrote:"Wealth managers" are trying the same thing with very high-end vintage cars...(multi-million dollar old Ferraris, classic Buggatis and the like, not 69 Camaros
"Instead of owning investments you can't have fun with, why not invest in something you like and can have some fun with?" It makes even more sense with cars where almost everyone can drive it occasionally. Additionally, you get to act like a big shot when the car is invited to a high end show like Pebble Beach.
Sports Car Market and other vintage collector car publications have written a lot about this type of investment. If you're interested, it would benefit someone to read those to get a better feel of the benefits and potential pitfalls of such an arrangement.
yes you could loose your a double s with that one, but we could consider....
The return would be greater in establishing another Brothel in Vegas...
.high end (in any meaning you desire)
owning an investment that everyone in which everyone makes a deposit and takes nothing in return
, drive any way you like ;ie. pile driving 
, soft driving , or like a hammer 
....the fun could be found there and in time you could buy a flyaway example of your favorite warbird and fly with all the other aircrafts out their.
mispellings intentional
offer void to husbands and/or boy friends of wives/significant others that may object
offer not vaild in 49 states
must be over 21 to apply
batteries if required not included
