Quote:
Originally Posted by tenargo57
Most cars are bad investments, and if you invested in traditional markets you will likely beat the best of them, including your example. The historic rate of return of the S&P 500 since 1929 averages to 9.09%. If you invested that $1850 in 1963 it could likely be worth around $147k today and if you re-invested the dividends it has the potential to be worth over $800k. |
Good grief, now we should frequent this forum for financial advice. We're all car guys here ( many are already pretty well financially healed) so you might want to troll your advice elsewhere.
Enjoy your "CAR" .