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Originally Posted by
Racingswh
I suspect there will always be a place for traditional investments. I am definitely not getting rid of real estate anytime soon. So far the buy and hold rental strategy has been pretty great to me.
I think some playing in the digital investment arena are enamored with the pace. I happen to enjoy it. When you compare typical daily returns up or down traditional stocks are essentially sedentary. If you find daily profit sniping fun I find that easier to do with crypto.
My issue with cars as investments is the care they require as well as the service and space cost. I need to insure it, garage it, keep the kids and animals away from it, make sure nothing falls on it, make sure nothing scratches it, make sure it starts, replace the tires even though they are still good and on and on. I am doing all that while keeping what now for a GTSR is $300-350k or so tied up. Is the opportunity cost of having that money tied up pretty significant? Probably. For me my hopes would be to double that annually. I am not sure a GTSR doubles annually? It might. As I have said I expect them to be million dollar cars. I just don't know how long it will take.
For myself personally cars are just a means to an end and that end is driving enjoyment.
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