I think I understand Corkdecoy's idea and I agree with it. As a semi-indigent outdoor writer without a trust fund, I have to be careful with my money.
I enjoy driving though, and a few years ago, I bought a fun car that was in really good shape but at the bottom of the reverse bell curve that that reflects the value of things that are eventually collectable.
I have driven and enjoyed my "investment" without the huge depreciation hit I'd have taken had I bought a new car. My fun car has cost me some money in maintainence, but the cost is ofset by the fact it's gained a little in collectable value.
In effect, I'm enjoying it for free.
If you can forsee where the hearts and minds of future collectors are going, you can make money by owning nice things.
In 1972, I tried to talk a friend into buying an original AC Cobra and putting it into storage. They were bringing about 6K at the time. Original cars bring about a million now. It would have been a good bet but it was just that.
I think the trick, Corkdecoy, is buying smart today. The drop between retail and what you'll get later rules out buying retail.
Just my opinion
Last edited by Dick Jones otp; 02/13/11 08:51 AM.
