That is probably all true. I will say ever since I was a kid and my dad had a 914, I always thought they were going to shoot up. Unfortunately, I sold my old 911 and 930 turbo a few years too soon. LOLOLOL
Yes, it made me cry. I was reading my autoweek and they said the one I had would be worth 200-300K, but I don't really believe that. Mine is probably less desirable because it had an all steel BB slantnose. They did a lot of customization's in Germany and it was the real deal. I would probably want a stocker if I got another one. But in actuality, my 1979 911SC and the 930 turbo were less fun to drive than the 95 M3 we owned. I liked that car enough I decided to sell the 930 in the late 90's. I think I would rather get a 997 turbo.
It can be. Investing is not rocket science. Most people think it is...because they don't actually invest any money.
Oh and for the record, I don't have shit. It's not my money, so don't yall go try and bum money from me. all my money goes to my bikes. Reference the super cheap thread for any questions regarding how broke I actually am lol.
No effin way would I put it in the market. This huge bubble is gonna pop. Other than that I have no advice. Good luck and invest wisely.
Ahhhhwell.... looks like they are already $300+ for nice models. I sold mine for $192K a few years ago. They'll probably be worth $500+ at some point in the not too distant future.
Mongo I would be interested in speaking with your investment person. If I can get results near that I am back in racing in a pretty big way
10% per year, or 10% over 10 years? Either way, a few blue chip stocks and conservative mutual funds should easily work. I'd first make sure I was maximizing any 401K and IRA's available
As a cop, you probably have some city/state version of a 401K- if they match contributions take full advantage of that first.
Email me. As I said, he won't guarantee it, and it'll depend on your willingness to risk and so on. I've given up on retiring so my stuff is medium to medium high risk. Boss has hers all conservative.
Right? A little over 10 years ago, I had two. I also had an E30 325is that I liked the motor in way more, so I sold both of the Ms. I'm a very, very stupid person. I should have put one in the garage.
I'll second the low-fee index funds. Maybe not for the total sum, but for at least half of it. If you look over 15-20 years, very few investments outperform the S&P500, especially when you take fees into account. There are index funds that track the S&P500 and have very low fees. They have farily low risk, so won't return 10% each year, but you will beat inflation, as well as make gains. As for individual investments - stocks, houses, cars, etc. Only invest if you really understand the product you are investing in, and it's future value. Anything else is both speculative, and very risky.