Ferrari Mailing List: Re: NFC Investments

[Brian E. Buxton (BrianBuxton]

The bad thing about perishables (wine, cigars, etc.) is that if not 
stored properly they go bad and are worthless.

B



E M wrote:

> 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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--

Brian E. Buxton, President



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