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Tuesday, December 27, 2011

Two ways of looking at things

Some people save money for a "Rainy Day Fund". Waiting for the inevitable disaster to strike they put money aside to be ready to ride out the storm. I prefer to think of it as an "Opportunity Account". When opportunity knocks I'm ready for action.

Case at point: Last summer I met a guy who had a KZ750 in very good condition. It had been sitting for a few years and had the usual sticky brakes and dirty carbs but it was complete down to the tool kit and was cosmetically beautiful. A KZ is a mild mannered street/road bike as opposed to a GPz which is the sportier model of that time. It has plenty of power but the ride and handling are more relaxed.

He was interested in getting it running so he could sell it and by a new Sportster. I tried to tell him that the Kawi was a better bike than the Sportster would ever be but that was what he wanted. I suggested that he bring it over and I'd help him get it running. Nice as it was I wasn't interested in buying it and made a low-ball offer to that end.

Yesterday I'm sitting in my living-room reading a book when the doorbell rings. There he is with his wife. They were out walking and stopped by to see if I was still interested in buying the bike. At the price I had offered I couldn't say no. If I decided to resell it in the spring I could make some money. Or I could make another attempt at riding cross country on the CB1100F and have Beth ride the KZ750. Or some friend will want a bike and I can let them have it for a bargain price.

All this because opportunity had knocked (rung the doorbell actually) and I was prepared to act. Even after all the Christmas presents and expenses I had enough set aside to be able to jump on the deal that came my way.

Now they only question is: Where am I going to put it?