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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,782
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I bought my '72S in 1974, $9,300...could have easily sold it for 6 figures in 2007, but gave a friend a "buddy deal". No BS here, it was one of the best original examples left on the planet. By original, I mean not repainted, never wrecked, awards winning...293 points out of 300, a PCA concours.
So, what if I had placed that $9,300 in a good no load index fund back in '74, and just let it ride? Easily double the 6 figures I could have sold the 911S for.
You mention the upkeep hazards of real estate...cars as well...big time!
Cars, even collectable cars, are NOT investments. But then, you can't drive & enjoy a portfolio..
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent."
-Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.)
Last edited by pwd72s; 04-28-2011 at 11:42 AM..
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