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911s better investment than equities....

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Old 07-11-2018, 03:54 PM
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Ronan
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Default 911s better investment than equities....

https://www.bloomberg.com/businessweek

Keep those old 911s
Old 07-11-2018, 04:02 PM
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theiceman
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Yeah Ronan i read that the other day. I should have bought all 5 I was looking at 15 years ago lol.
Old 07-11-2018, 10:15 PM
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.2PDK
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Yes, hindsight is a wonderful investment tool...
Old 07-12-2018, 09:49 AM
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uniquenamehere
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better than cryptocurrency
Old 07-12-2018, 09:25 PM
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ronnie993tt
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Best buy would have been a 250 GTO for under $20K back in the '60's. $53 million today.
Old 07-12-2018, 11:14 PM
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Turbodan
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Originally Posted by ronnie993tt
Best buy would have been a 250 GTO for under $20K back in the '60's. $53 million today.
so a fifty year investment? if you had 20k in the 60s you were rich if that same person is alive today they would be in their 70s, kind of a long time to wait to enjoy the benefits of an investment, but you could have enjoyed the 250 for 50 years as well...not bad
Old 07-13-2018, 10:17 AM
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ronnie993tt
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Originally Posted by Turbodan
so a fifty year investment? if you had 20k in the 60s you were rich if that same person is alive today they would be in their 70s, kind of a long time to wait to enjoy the benefits of an investment, but you could have enjoyed the 250 for 50 years as well...not bad
Exactly. Kinda like an RRSP you can enjoy.
Old 07-31-2018, 11:28 PM
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Tj40
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So are 911's better or worse investments than comic's?? The appreciation on those over the years has been flabbergasting!!

"What else could anyone buy for a dime in 1938 that would be worth $2.1 million today? The copy that sold in 2011 reportedly belonged to actor Nicholas Cage. He bought it in 1997 for about $150,000. It was stolen from his house in 2000 but was returned after Los Angeles police uncovered it from an abandoned storage locker. Its condition was graded a 9 on a 10-point scale and remains the most expensive comic book ever sold."
Old 08-01-2018, 11:27 AM
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Bud Fox
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Crystal ***** and time machines are the best investments of all-time
Old 08-02-2018, 12:11 PM
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LastMezger
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Originally Posted by Turbodan
if you had 20k in the 60s you were rich...
Well yes and no. About $165,000 today...so a C4S with some options...

"U.S. Inflation Rate, $20,000 in 1960 to 2017

According to the Bureau of Labor Statistics consumer price index, prices in 2017 are728.11% higher than prices in 1960. The dollar experienced an average inflation rate of 3.78% per year. In other words, $20,000 in 1960 is equivalent in purchasing power to $165,621.62 in 2017, a difference of $145,621.62 over 57 years."

Old 08-02-2018, 10:53 PM
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Gregster
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Originally Posted by ronnie993tt
Best buy would have been a 250 GTO for under $20K back in the '60's. $53 million today.
A Daytona in the 80s or 90s would be good. I remember in the 90s them always being for sale in the back of car mags....



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