Quote:
Originally Posted by olddog
Why shell out $135K for a SPF at an auction, when for around the same money you could buy a Kirkham or Shelby (from Kirkham) anytime. Then you might have a better chance (still small) at selling it for double the money in 3 years.
I spent some time in March this year looking for good solid long term companies that paid decent dividends and were disproportionately beat down in the market sell off. My best stock choice is now up 800%, most are in the 100% to 300% up range, and only one of the fifty stocks is down (but it still is paying dividends). My point is there are much better investments than cars.
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I stop holding dividend stocks a long time ago. Sold off all in 2008 and invested in tech stocks like Apple, AMZN and QQQ. Haven't sold anything. My car collection, however, was never meant to be an "investment", and anyone who thinks that is a fool.