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    • Is the best investment actually a classic 911? Vintage Porsche values up 683%

      Forget Bitcoin, Ethereum, or whatever else you heard that will provide a huge return in a short time span. Classic Porsches are the way to go at least as far as German bankers are concerned. Porsche 911 values beat out even the top German stocks.


      It's hard to argue with this:

      Owners of Porsche 911 classic cars were especially fortunate, with cars in that model series increasing almost eight-fold -- 683 percent -- in value in the past 13 years.
      Will classic 911 values continue to climb? Absolutely. As the economic forecast continues to get better and better that means more wealthy people buying luxuries. A Porsche 911 is definitely a luxury.

      Here's some advice from Frank Wilke who is a director of a vintage car market observer:

      Classic cars can be a good investment if you buy the right car at the right time and at the right price
      Genius advice there. Buy at the right time and at the right price.

      Don't forget flipping new 911's for profit is also a lucrative venture.

      Source

      This article was originally published in forum thread: Is the best investment actually a classic 911? Vintage Porsche values up 683% started by Sticky View original post
      Comments 2 Comments
      1. Stevenh's Avatar
        Stevenh -
        Eh - 683% over the last 13 years is nice, but not much to get excited about considering performance of the stock market... Plenty of sound companies have out performed that in a third of the time frame. Getting a 6x return off a toy in the garage is a nice proposition, though. No way the market continues at anywhere near that pace.
      1. Sticky's Avatar
        Sticky -
        Click here to enlarge Originally Posted by Stevenh Click here to enlarge
        Getting a 6x return off a toy in the garage is a nice proposition, though.
        Exactly.