Final Note

It might be time to invest in classic cars

Lizzie O'Leary Aug 16, 2013
HTML EMBED:
COPY
Final Note

It might be time to invest in classic cars

Lizzie O'Leary Aug 16, 2013
HTML EMBED:
COPY

This final note today, if the equity markets make you nervous — understandable in a week like this one — perhaps you should consider cars.

Classic cars.

The Economist magazine put together an index of fancy collectible items: art, wine, coins, guitars. But the thing that really outperformed over time was classic cars. An index of the 50 finest Ferraris, Porsches, etc., increased by 53 percent over the past two years.

The entire “valuables index” is up more than 200 percent over the past 10 years. That’s more than twice the S&P.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.