Ferrari Mailing List: Re: NFC Investments

[JAshburne (JAshburne]

Before considering investing in wine, read "The Billionaire's  Vinegar".  
It will open your eyes.
 
John
 
In a message dated 6/24/2009 9:59:04 A.M. Eastern Daylight Time,  
MStark [at] Copper.net writes:

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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