Ferrari Mailing List: Re: NFC Investments

[E M (pokiebaron]

Do as Jay Leno says, buy what you love.  If it goes up in value, great.  If
it goes down, you're left with something you really love anyway, so how bad
is that.  I like how he thinks. :-)

Ed
911SC

2009/6/24 Martin Stark <MStark [at] copper.net>

> Larry,
>
> Fine wine sure beats bullion gold or other precious metals. Bloomsbury
> Auctions (http://ny.bloomsburyauctions.com/auction/NY031) recently sold
> a case of 1989 Haut Brion for $9500. (not including buyer's premium).
> In 1992 you could buy a case for $750, and I have several cases sitting
> in my wine cellar as proof of that.
>
> Rare coins can be 10 baggers too and you're not tempted to drink them.
> About 14 years ago when my son "graduated" from collecting baseball
> cards to collecting coins I bought a few Liberty and Saint double
> eagles.  One of the Liberties was a 1866-S "No Motto" in AU53.
>
> Truth-be-told anyone who's made investments can pick out a few star
> performers and not mention the ones that fell flat or went bust.  It's
> really a question of "do you want to be in the game?"
>
> And remember, investing is a game of great fools - when it comes time to
> sell you need to find one to make a profit.
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