ownyourfuture
Thinks s/he gets paid by the post
- Joined
- Jun 18, 2013
- Messages
- 1,561
I live in South Central Minnesota, Mankato to be exact.
City transportation planners fell head over heels in love with roundabouts about 2 years ago. They're sprouting up everywhere, with many more in the planning stages.
I loathe them. At moderately busy intersections, maybe, but at high traffic intersections, forget about it. There's more accidents, caused by idiots that will never figure out how to drive through one properly, and @ the busiest traffic times of the day, if you account for the fact that many times in the past, you never had to stop at all, I end up waiting as long or longer than I would have had it remained a conventional traffic light intersection.
Another reason. There's too damn many of them. Two years ago when I wanted to go to my bank, which is about 5 miles to the east of me, there was only one intersection with traffic lights. So I 'may' have had to stop one time. Now I not only have that intersection, I have 4 roundabouts I have to slow down and/or stop at.
These 4 roundabouts are on a road that 10 years ago, was very busy, but now it's very light traffic. Absolutely no reason for them.
So in my opinion they can take these roundabouts & place them where the sun don't shine.
Oh I almost forgot, since this is Minnesota which loves nothing more than spend & tax, the powers that be somehow designed these roundabouts to be costlier to maintain than a conventional stoplight intersection.
Why ?
I have no idea ?
All this being said, my whining isn't going to do a damn thing. They're here, there's more coming, and that's just the way it is.
I rarely travel by car, so I don't know if this roundabout ORGY is specific to Minnesota, or a trend throughout the country. If this sort of thing is going on in your part of the country, please post.
Finally, on to my investment idea. I'm guessing many of you have figured out my idea at this point. Plain and simple, it's tire sales.
On the aforementioned trip to the bank, I now do 4 complete 360° turns. I realize it's at fairly low speeds, but that's still a lot of turning that I didn't have to do before. All this equals more tire wear.
So my investment idea is Goodyear tire, symbol GT.
I haven't done a lot of research on the company yet, but they've done very very well over the past five and 10 year periods. Easily outpacing the S&P 500
I'm not saying Goodyear is going to be the next Google or Facebook because of this, but I do believe it will increase tire wear, & at least in area's like mine, tires will need to be replaced more often.
Full disclosure: I don't own any Goodyear stock at this time.
So what do you think, crazy investing idea, or a rational one ?
City transportation planners fell head over heels in love with roundabouts about 2 years ago. They're sprouting up everywhere, with many more in the planning stages.
I loathe them. At moderately busy intersections, maybe, but at high traffic intersections, forget about it. There's more accidents, caused by idiots that will never figure out how to drive through one properly, and @ the busiest traffic times of the day, if you account for the fact that many times in the past, you never had to stop at all, I end up waiting as long or longer than I would have had it remained a conventional traffic light intersection.
Another reason. There's too damn many of them. Two years ago when I wanted to go to my bank, which is about 5 miles to the east of me, there was only one intersection with traffic lights. So I 'may' have had to stop one time. Now I not only have that intersection, I have 4 roundabouts I have to slow down and/or stop at.
These 4 roundabouts are on a road that 10 years ago, was very busy, but now it's very light traffic. Absolutely no reason for them.
So in my opinion they can take these roundabouts & place them where the sun don't shine.
Oh I almost forgot, since this is Minnesota which loves nothing more than spend & tax, the powers that be somehow designed these roundabouts to be costlier to maintain than a conventional stoplight intersection.
Why ?
I have no idea ?
All this being said, my whining isn't going to do a damn thing. They're here, there's more coming, and that's just the way it is.
I rarely travel by car, so I don't know if this roundabout ORGY is specific to Minnesota, or a trend throughout the country. If this sort of thing is going on in your part of the country, please post.
Finally, on to my investment idea. I'm guessing many of you have figured out my idea at this point. Plain and simple, it's tire sales.
On the aforementioned trip to the bank, I now do 4 complete 360° turns. I realize it's at fairly low speeds, but that's still a lot of turning that I didn't have to do before. All this equals more tire wear.
So my investment idea is Goodyear tire, symbol GT.
I haven't done a lot of research on the company yet, but they've done very very well over the past five and 10 year periods. Easily outpacing the S&P 500
I'm not saying Goodyear is going to be the next Google or Facebook because of this, but I do believe it will increase tire wear, & at least in area's like mine, tires will need to be replaced more often.
Full disclosure: I don't own any Goodyear stock at this time.
So what do you think, crazy investing idea, or a rational one ?
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