investment question

[ohhawk]

Most of the collectible car buying public is going to be hampered (or nervous) by the continued economic downturn. I wouldn't be viewing collectible cars as part of my financial diversification plan. I would be viewing it as a place for my "toy money", that which I don't need to count on to grow for retirement or other important needs.

I think the stock market in the next 1-2 years will outperform the general car collecting arena without too much difficulty.

[firstgenaddict]

Amen Mr P...

IT is just the beginning, November delivery of OCC bales (old corrugated containers) which is what is used as feed stock for the majority of all recycled paper and paperboard WORLD WIDE is off by 50%... Prices have not been at current levels since 2001... hmmm thats about right, the level before the latest inflationary period. A correction is a necessary evil in order to have any foundation upon which to grow...
"It seems the only thing we learn from history is: We don't learn from History." ~ Ron Paul 2008

[NovaMob03]

You want a 'safe' investment? Buy a gun shop, a pawn shop or a liquor store. They're recession proof

[firstgenaddict]

Pawn shop is a good one... there are a couple for sale locally...
I heard the guns are flying off the shelves in ATL... allegedly...

[CT Mark]

[ QUOTE ]
...
I heard the guns are flying off the shelves in ATL... allegedly...

[/ QUOTE ]

That's true everywhere. A lot of concern that the new president and democratic congress will curb gun rights. Get 'em while the gettin's good!

As to the original question, buy stocks. Still the best long-term investment. If your not good at picking stocks, buy Berkshire Hathaway. Buffett rocks!

[NovaMob03]

There's apparently a run on assault weapons because guys expect the new adminisration to put the ban back in. These weapons always become more valuable when they're banned.
People are flocking to pawn shops to sell personal stuff & get high intrest loans cause they can't get them from banks.
Liquor will always be the average guy/gal's drug of choice, along with cigaretts, especially when they're struggling. JMO

[ANDY M]

Berkshire Hathaway is trading right now for about $111k per share. Down $1200 from Friday. I agree with you about Buffett, but I don't think I'm quite able to invest in his company just yet.

[Kim_Howie]

All my guns were stolen on 11-4-08

[NovaMob03]

Pat, if I lived in Austin and had the money, I'd buy a bldg/bar on 6th St. The college isn't going anywhere & Austin has the best reputation for live new music in the country. Rent is practically guarenteed The South by Southwest music festival is an awesome event...You live in a great place & I wish I lived there.
Kim, sorry to hear that, but if you have guns, you need a 2 ton gun safe that's hard to get into or move. Call your insurance man

[TimG]

Yes, it's heaven her. I just love the hills, lakes, rivers, and the live music. The women aren't hard to look at, either.