Quote:
Originally Posted by Mavus
cash is trash right now
inflation is up 40-50% over the last 5y
I can tell you first hand garages and barns are full of cars that folks bought over the last 5-6y. One of my friends has six Porshes.
Buy asap as close of a spec as you can live with and then mod it if you must. It will be harder and harder to find unique pampered high performance cars at a decent price. If you find it offer the asking price and even then somebody may offer more.
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Cash is TRASH?!?!? I've never heard that before...
My income checking is paying 6% and an 11 month CD is at 4.1%... I think that'll hold value just fine for now.
Cash isn't an investment, and it shouldn't be viewed as such.