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-   -   Classic Car Investing?? (https://www.lateral-g.net/forums/showthread.php?t=45080)

CoffeeTalkJoe 02-11-2014 11:18 AM

Classic Car Investing??
 
http://carsandcoffeetalk.blogspot.co...is-always.html Who is planning to sell their 401K and start investing in Classic Cars?????

Check out my newest blog and find out if you can make it work!

jy211 02-11-2014 11:43 AM

machine guns better option :lol: :bigun2:

rjsjea 02-11-2014 11:59 AM

You'd be better off cashing out the 401K and burying it in a coffee can in the backyard

camcojb 02-11-2014 12:02 PM

Quote:

Originally Posted by jy211 (Post 535638)
machine guns better option :lol: :bigun2:

Quote:

Originally Posted by rjsjea (Post 535643)
You'd be better off cashing out the 401K and burying it in a coffee can in the backyard

Wait until Greg Weld finds this thread.......... :lol:

ErikLS2 02-11-2014 04:03 PM

Quote:

Originally Posted by camcojb (Post 535645)
Wait until Greg Weld finds this thread.......... :lol:

If we could only find a way for classic cars to PAY a regular dividend instead of evaporating one.

GregWeld 02-11-2014 04:08 PM

Joe....



GO here....


https://lateral-g.net/forums/showthread.php4?t=34700



Read it until you understand investing, and then re-write your blog. :lol:

CoffeeTalkJoe 02-12-2014 08:26 AM

Wow.................that's is incredible!!!! I had not sen this thread......Share my blog article and stir the pot :stirthepot:

CoffeeTalkJoe 02-12-2014 08:27 AM

FYI.......my blog article is just my opinion :) I'm not a CPA :) Thanks!!

CoffeeTalkJoe 02-24-2014 12:24 PM

http://finance.yahoo.com/blogs/daily...163501671.html

Here is another article from Yahoo about the subject!

Vegas69 02-24-2014 08:36 PM

Joe, this is similar to offering an alcoholic a beer.

CoffeeTalkJoe 02-25-2014 06:33 AM

LOL............sorry :confused18:

Revved 02-27-2014 08:49 AM

Like any other investment it is about timing... Back in 08 when everything started crashing I have a client in the oil business who pulled back on oil and started buying up the fire sales from the guys who bought tons of cars at Barrett Jackson when the market was going up. He was buying stuff for half of what they paid and went from 0 to 60 cars in two years. He now has a "museum" where he drives what he wants and everything is for sale.

These pics were from back in 2011 when he had a Unique Performance 65 G.T. 350 SR in the collection which is how he came in contact with me. I'll share these only because they are old pics and he has moved everything to his museum building which is a public location- I don't share pics of private collections without permission.
http://i696.photobucket.com/albums/v...ps92ef52cc.jpg
My one regret about this situation was that I had Bailout right in front of me and didn't spend a bunch of time pouring over it looking at their detail work!!!
http://i696.photobucket.com/albums/v...ps038c21dd.jpg
http://i696.photobucket.com/albums/v...psbb9ca4e0.jpg
http://i696.photobucket.com/albums/v...psa3bfdf23.jpg
[IMG]
http://i696.photobucket.com/albums/v...ps869043b0.jpg[/IMG]
http://i696.photobucket.com/albums/v...pse27d4293.jpg

CoffeeTalkJoe 02-27-2014 10:10 AM

OMG..............Awesome collection!!!

CoffeeTalkJoe 03-10-2014 02:10 PM

http://www.conceptcarz.com/a6421/EXC...LAND-SALE.aspx

Looks like sales are on the way UP!!!!!


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